$102,500
SOLD NOV 4, 2014
-- Bed
-- Bath
3,985 Sq Ft
7,680 Sq Ft Lot

Recently Sold

$26 Per Sq Ft

32% Below List Price

301 Days on Market

Highlights

  • 6 Kitchens
  • Forced Air Heating and Cooling System
  • 4-minute walk to Drake Park
  • Laundry Room

About This Home

As of November 2023

This is a great investment property. The property has been well maintained and updated. There are current rental certificates and 5 of the 6 units are rented. Present all offers.

Last Agent to Sell the Property

Leonard McCoy

Coldwell Banker Mid-America Listed on: 12/13/2013

Coldwell Banker Mid-America

Last Buyer's Agent

Jason Stuyvesant

RE/MAX Concepts

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,680 Sq Ft Lot
  • Lot Dimensions are 60x128

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Finished Basement
  • Partial Basement
  • 6 Kitchens
  • Laundry Room

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 03004931000000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 17.00
  • Sp Amt Sq Ft: 13.00
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 6
  • Stoves Total: 6
  • Full Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Finished, Partial
  • Kitchens: 6
  • Laundry: Yes

Exterior Features

  • Exterior: Frame
  • Foundation: Brick, Tile
  • Paved: Yes

Garage/Parking

  • Off Street Parking: 6

Utilities

  • Air Conditioner: Central, Window Unit
  • Heat: Gas Forced Air
  • Separate Meters: 1

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1760
  • Lot S F: 7680
  • Lot Size: 60x128
  • Assessor Parcel Number: 03004931000000
  • Zoning: R1-60

Rental Info

  • Landlord Tenant Utilities: Water Landlord

Tax Info

  • Gross Taxes: 5392.00
  • Net Taxes: 5392.00
  • Assessor Parcel Number: 102025THSTPOLKDESMOINE50311

Multi Family

  • Total Units: 6

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Nov 13, 2023
Sold by
Ten 91 Llc
Bought by
Toland Properties Llc
Seller's Agent
Darson Grantham
Keller Williams Realty GDM
Buyer's Agent
Sarah Shaffer
Realty ONE Group Impact
List Price
$350,000
Sold Price
$290,000
Premium/Discount to List
-$60,000
-17.14%
Total Days on Market
301
Views
245
Current Estimated Value
$295,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,334
Avg. Annual Appreciation
0.53%

Purchase Details

Closed on
Mar 22, 2021
Sold by
Koshy Holdings Llc
Bought by
Ten 91 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Interest Rate
2.73%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 5, 2016
Sold by
James L Vogel Trust
Bought by
Koshy Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
3.58%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 13, 2013
Closed on
Nov 3, 2014
Sold by
James L Vogel Trust
Bought by
Koshy Holdings Llc
Seller's Agent
Leonard McCoy
Coldwell Banker Mid-America
Buyer's Agent
Jason Stuyvesant
RE/MAX Concepts
List Price
$149,900
Sold Price
$102,500
Premium/Discount to List
-$47,400
-31.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.25%
Original Mortgage
$82,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 9, 2013
Sold by
Vogel James L and Tarbox Thomas T
Bought by
James L Vogel Revocable Trust

Purchase Details

Closed on
Jun 27, 2013
Sold by
Nelson Enterprises Lc and Nelson Barry J
Bought by
Vogel James L

Purchase Details

Closed on
Dec 31, 2001
Sold by
Vogel James L and Vogel Patricia C
Bought by
Nelson Enterprises Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,800
Interest Rate
6.82%
Mortgage Type
Land Contract Argmt. Of Sale
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 Type Sale Price Title Company
Warranty Deed $290,000 None Listed On Document
Warranty Deed $210,000 None Available
Deed $102,500 None Available
Contract Of Sale $102,500 None Available
Interfamily Deed Transfer -- None Available
Sheriffs Deed $95,000 None Available
Contract Of Sale $86,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $405,000 Future Advance Clause Open End Mortgage
Previous Owner $298,000 Credit Line Revolving
Previous Owner $0 No Value Available
Previous Owner $78,000 Commercial
Previous Owner $78,000 Commercial
Previous Owner $82,000 Seller Take Back
Previous Owner $25,800 Land Contract Argmt. Of Sale
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2023 11/14/23 Sold $290,000 -7.9% $73 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
09/14/2023 09/14/23 Price Changed $315,000 -10.0% $79 / Sq Ft
07/17/2023 07/17/23 For Sale $350,000 +241.5% $88 / Sq Ft
11/04/2014 11/04/14 Sold $102,500 -31.6% $26 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
12/13/2013 12/13/13 For Sale $149,900 -- $38 / 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
2024 $5,076 $258,000 $19,500 $238,500
2023 $4,950 $258,000 $19,500 $238,500
2022 $5,784 $210,000 $16,300 $193,700
2021 $5,519 $210,000 $16,300 $193,700
2020 $5,768 $172,000 $14,800 $157,200
2019 $5,064 $172,000 $14,800 $157,200
2018 $5,386 $143,000 $14,800 $128,200
2017 $5,056 $143,000 $14,800 $128,200
2016 $5,270 $129,000 $12,500 $116,500
2015 $5,270 $129,000 $12,500 $116,500
2014 $4,934 $115,000 $12,500 $102,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 428443

Des Moines Area Association of REALTORS®

APN: 030-04931000000