NOT LISTED FOR SALE

9053 Franklin Ave Clive, IA 50325

Estimated Value: $248,676 - $291,000

-- Bed
1 Bath
1,408 Sq Ft
$192/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $181,000 $129 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,690/month

40 Days on Market

Highlights

  • 2 Kitchens
  • Ranch Style House
  • Laundry Room
  • Valley High School Rated A
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of September 2019

Great duplex investment opportunity in Clive, located west of 86th and south of Hickman! Each side includes 2 bedrooms and 1 bath with a full, unfinished basement. This home is in very good condition and has a total of 1408 sq ft of finish on the main floor split between the 2 units. The rents are $800/side with all utilities excluding water paid by tenants. Yard and snow maintained by tenants. Total water bill for both units is approximately $100/month. Current rental certificate in place through December of 2020. Updates include new refrigerator and furnace in 2017 in unit 9053, and new appliances in unit 9051 in 2016. The lease for unit 9051 runs until March 31 of 2020. The lease for unit 9053 is currently month to month but tenant has indicated he will sign a year’s lease with new owner. The basement in both units would work well to add egress windows and a 3rd bedroom which would allow for an increase in rental income.

Last Agent to Sell the Property

John Brummett

RE/MAX Precision Listed on: 08/21/2019

RE/MAX Precision

Last Buyer's Agent

Scott Wendl

RE/MAX Precision

RE/MAX Precision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,945

Year Built

  • Built in 1973

Lot Details

  • 10,164 Sq Ft Lot
  • Lot Dimensions are 77x132

Parking

  • Driveway

Home Design

  • 1,408 Sq Ft Home
  • Ranch Style House

Kitchen

  • 2 Kitchens
  • Stove
  • Dishwasher

Additional Features

  • 1 Full Bathroom
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 291/00455-127-001

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $430
  • Gross Income $1,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,945

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 134.94
  • Sp Amt Sq Ft: 128.55
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Kitchens: 2
  • Laundry: Yes
  • Included Items: Dishwasher, Refrigerator, Stove
  • Living Area Sq Ft: 1408
  • Total Sq Ft: 1408

Exterior Features

  • Foundation: Poured
  • Paved: Yes
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Total Expense: 430

Schools

  • School District: West Des Moines

Lot Info

  • Acres: 0.2330
  • Lot S F: 10164
  • Lot Size: 77x132
  • Assessor Parcel Number: 291/00455-127-001
  • Zoning: Res

Rental Info

  • Deposit: Yes
  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Landlord, Misc Exp Landlord, Water Landlord

Tax Info

  • Gross Taxes: 2945.00
  • Net Taxes: 2945.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: West Des Moines

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2022
Sold by
Harter Wilbur M
Bought by
Harter Merrillyn Val
Current Estimated Value
$270,669

Purchase Details

Listed on
Aug 21, 2019
Closed on
Sep 30, 2019
Sold by
Skyridge Properties Llc
Bought by
Melchert John
Seller's Agent
John Brummett
RE/MAX Precision
Buyer's Agent
Scott Wendl
RE/MAX Precision
List Price
$190,000
Sold Price
$181,000
Premium/Discount to List
-$9,000
-4.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$135,750
Interest Rate
3.5%

Purchase Details

Closed on
Jul 31, 2018
Sold by
Medlz Holdings Llc
Bought by
Skybridge Properities Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
May 17, 2013
Sold by
Eilers Daniel C and Eilers Beth A
Bought by
Medlz Holdings Llc

Purchase Details

Closed on
Feb 27, 2013
Sold by
205 209 Nw College Llc
Bought by
Eilers Daniel C and Eilers Beth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,250
Interest Rate
3.49%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Harter Merrillyn Val -- --
Melchert John $181,000 None Available
Skybridge Properities Llc $138,500 None Available
Medlz Holdings Llc -- None Available
Eilers Daniel C $128,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melchert John $135,750
Previous Owner Skybridge Properities Llc $200,000
Previous Owner Eilers Daniel C $95,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2019 09/30/19 Sold $181,000 -4.7% $129 / Sq Ft
09/30/2019 09/30/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $190,000 -- $135 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,058 $215,600 $60,800 $154,800
2024 $3,058 $200,300 $55,700 $144,600
2023 $3,040 $200,300 $55,700 $144,600
2022 $3,004 $162,200 $46,900 $115,300
2021 $2,880 $162,200 $46,900 $115,300
2020 $2,838 $147,800 $42,500 $105,300
2019 $2,592 $147,800 $42,500 $105,300
2018 $2,542 $130,100 $36,700 $93,400
2017 $2,498 $130,100 $36,700 $93,400
2016 $2,444 $124,900 $35,100 $89,800
2015 $2,444 $124,900 $35,100 $89,800
2014 $2,240 $117,400 $32,400 $85,000
Source: Public Records

Agents Affiliated with this Home

  • John Brummett

    Seller's Agent in 2019

    John Brummett

    RE/MAX

    (515) 778-7733

    6 in this area

    166 Total Sales

    John Brummett
    Section Image
  • Scott Wendl

    Buyer's Agent in 2019

    Scott Wendl

    RE/MAX

    (515) 249-9225

    11 in this area

    274 Total Sales

    Scott Wendl
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 589681

Des Moines Area Association of REALTORS®

APN: 291-00455127001

Iowa Polk County Clive 50325

9053 Franklin Ave, Clive, IA

This home is located at 9053 Franklin Ave, Clive, IA 50325 since 21 August 2019 and is currently estimated at $270,669, approximately $192 per square foot. This property was built in 1973. 9053 Franklin Ave is a home located in Polk County with nearby schools including Crestview Elementary School, Indian Hills Junior High School, and Valley Southwoods Freshman High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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