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1434 Martin Luther King Jr Pkwy, Des Moines, IA, 50314

$183,900

Home List Price

$2,184*

Closing Credit

6 Bedrooms
2 Full Baths
3,385 SqFt
$54/SqFt
House

Location

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1434 Martin Luther King Jr Pkwy, Des Moines$183,900

Buyer Closing Credits

$2,184*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
Year Built1890
HeatingForced Air, Natural Gas
BasementYes
MLS #698307
Lot Size0.18 Acres
StatusActive

About 1434 Martin Luther King Jr Pkwy

Care for some income while building equity? This 6-bedroom, 2,100+ sq.ft. duplex may just be your ticket! The upper unit is currently rented on a month-to-month basis, while the ground-level unit is being held empty as some updates are being completed. The new owner should have at least three choices of how to maximize the value of this home: live in the lower unit, rent the lower unit for extra income, or convert the property back to one single family home and enjoy the 6 bedrooms all to yourself. Numerous properties close by have undergone extensive renovations, and the City of Des Moines is slated in 2024 to begin a $10,000,000+ public works building project just a block to the North, showing its commitment to the continued enhancement of this neighborhood.

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1890
  • Stories: 2
  • Living Area: 3,385 SqFt

Listing Office:

  • Office Name: Network Realty
  • Office Phone: (641) 792-1212
  • Listing Agent: Dennis Combs

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Lot Features

Lot Information:

  • Lot Size: 0.18 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas

School Info

Assigned Schools Information:

  • Roosevelt High School, Public District Grades 9-12
  • Callanan Middle School, Public District Grades 6-8
  • Cowles Elementary School, Public District Grades PK-8
  • Goodrell Middle School, Public District Grades 6-8
  • King Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Parking is accessed from the alley. Turn South into the alley from Clark Street, next to the Community Youth Concepts building. 2nd house south of the Youth Concepts building. Entrance to the ground unit is on the South side of the duplex.

Price Information

Listing Price Info

Price Summary:

  • List Price: $183,900
  • Price Per SqFt: $54/SqFt

Tax Information:

  • Annual Amount: $2,032
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Des Moines, IA.

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Des Moines, IA

City

Med. Sold Price

$213.1K

Med. Price/SqFt

$190

Avg. Days On Market

27

# of Sold Homes

242

1434 Martin Luther King Jr Pkwy vs Des Moines

87 DAYS ON ROCKET

+60 Days

$183,900

-$29.2K Less

$54/SqFt

-$136 Less

KEY TAKEAWAY

This property is $29.2K less than the Median Sold Price and $136/SqFt less than other homes in Des Moines, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: DMAAR
  • MLS Number: #698307

Listing Office:

  • Office Name: Network Realty
  • Office Phone: (641) 792-1212
  • Listing Agent: Dennis Combs

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ 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 deemed reliable but not guaranteed. Copyright© 2024 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/28/2024, 12:55:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,032$87,600
2020$2,032$78,400
2019$2,000$78,400
2018$2,000$75,200
2017$1,894$75,200

History based on county public records data.

Payment Calculator

$985

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$618

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-989175
3
/10

  • King Elementary School

  • 1849 Forest Ave

  • 0.12 miles

  • Public District Grades PK-5

Middle School

school-card-donut-989176
4
/10

  • Callanan Middle School

  • 3010 Center St

  • 1.22 miles

  • Public District Grades 6-8

school-card-donut-989177
9
/10

  • Cowles Elementary School

  • 6401 College Ave

  • 3.16 miles

  • Public District Grades PK-8

school-card-donut-989178
1
/10

  • Goodrell Middle School

  • 3300 E 29th St

  • 4.43 miles

  • Public District Grades 6-8

High School

school-card-donut-989179
3
/10

  • Roosevelt High School

  • 4419 Center St

  • 2.00 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,759. The majority of Des Moines, IA residents have income between $35k-100k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1434 Martin Luther King Jr Pkwy

What is the listing price of this property?

The listing price of 1434 Martin Luther King Jr Pkwy property is $183,900.

What type of property is this?

The property 1434 Martin Luther King Jr Pkwy is a house located in Des Moines, Iowa, 50314.

Is this property for sale now?

Active Listing: 1434 Martin Luther King Jr Pkwy is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1434 Martin Luther King Jr Pkwy are:
King Elementary School: GreatSchools Rating 3/10
Callanan Middle School: GreatSchools Rating 4/10
Cowles Elementary School: GreatSchools Rating 9/10
Goodrell Middle School: GreatSchools Rating 1/10
Roosevelt High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,032 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1434 Martin Luther King Jr Pkwy has 6 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1434 Martin Luther King Jr Pkwy is 3,385 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1434 Martin Luther King Jr Pkwy is 1890.

Rocket Homes›Iowa›Polk County›Des Moines›50314›1434 Martin Luther King Jr Pkwy

This home is located at 1434 Martin Luther King Jr Pkwy in Des Moines, IA and zip code 50314 in the Drake neighborhood. This 3,385 square foot home, which was built in 1890, sits on a 0.18 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 03, 2024 and is currently priced at $183,900.

While more than 55 listings in Des Moines, IA in August 2024 were sold above asking price, there were more than 61 listings sold at asking price, and more than 126 were sold below. The median list price of listings available in August 2024 was $213,114, while the average time on the real estate market was 27 days.

From Rocket Homes Real Estate and based on county public records data.

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