Seller's Agent in 2016
Misty Darling
BH&G Real Estate Innovations
(515) 414-0059
20 in this area
1,881 Total Sales
1065 21st St Des Moines, IA 50311
Drake NeighborhoodEstimated Value: $321,000 - $1,718,134
--
Bed
10
Baths
5,582
Sq Ft
$183/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- Baseboard Heating
About This Home
As of December 2016Great investment opportunity for local investor or college parent! Located only 5 blocks from Drake's campus, this property is an ideal student rental. Newer Windows throughout. Electric heat & cooking in each unit, and units are individually metered for electric. There is one 3 bedroom unit, three 2 bedroom, and four 1 bedroom units for $4,625/monthly gross income, plus laundry income. Enjoy the benefits of an established rental with current leases and rental certificate.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 8,125 Sq Ft Lot
- Lot Dimensions are 65x125
Parking
- Driveway
Home Design
- 5,582 Sq Ft Home
- Block Foundation
- Asphalt Shingled Roof
- Metal Siding
Utilities
- No Cooling
- Baseboard Heating
- Hot Water Heating System
Additional Features
- Stove
- Laundry Room
- Unfinished Basement
Listing and Financial Details
- Assessor Parcel Number 03004870003000
Community Details
Overview
- No Home Owners Association
- 9 Units
Building Details
- Gross Income $4,625
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 10, 2019
Sold by
Bbt Rentals Llc
Bought by
Dsm Mf Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 27, 2017
Sold by
Amen Corner Llc
Bought by
Bbt Rentals Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
4.19%
Mortgage Type
Commercial
Purchase Details
Listed on
Jun 9, 2016
Closed on
Dec 14, 2016
Sold by
Patriot Holdings Llc
Bought by
Amen Corner Llc
Seller's Agent
Misty Darling
BH&G Real Estate Innovations
Buyer's Agent
Lance Martinson
RE/MAX Revolution
List Price
$179,900
Sold Price
$150,000
Premium/Discount to List
-$29,900
-16.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.02%
Purchase Details
Closed on
Feb 28, 2007
Sold by
Bandurski William and Bandurski Marlena
Bought by
Stern Scott and Stern Kim
Purchase Details
Closed on
Apr 25, 2003
Sold by
Federal Deposit Insurance Corporation
Bought by
Cappuccio William and Bandurski William
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dsm Mf Llc | $1,100,000 | None Available | |
| Bbt Rentals Llc | $163,000 | None Available | |
| Amen Corner Llc | $150,000 | None Available | |
| Stern Scott | $149,000 | None Available | |
| Cappuccio William | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Professor Holdings Llc | $80,000 | |
| Open | Professor Holdings Llc | $1,041,600 | |
| Closed | Dsm Mf Llc | $880,000 | |
| Previous Owner | Bbt Rentals Llc | $975,000 | |
| Previous Owner | Patriot Holdings Llc | $200,000 | |
| Previous Owner | Patriot Holdings Llc | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2016 12/15/16 | Sold | $150,000 | -16.6% | $27 / Sq Ft |
| 12/15/2016 12/15/16 | Pending | -- | -- | -- |
| 06/09/2016 06/09/16 | For Sale | $179,900 | -- | $32 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $4,486 | $228,000 | $13,700 | $214,300 |
| 2023 | $4,078 | $293,000 | $13,700 | $279,300 |
| 2022 | $4,766 | $238,000 | $11,500 | $226,500 |
| 2021 | $5,231 | $238,000 | $11,500 | $226,500 |
| 2020 | $5,534 | $230,000 | $10,500 | $219,500 |
| 2019 | $5,844 | $230,000 | $10,500 | $219,500 |
| 2018 | $6,246 | $165,000 | $10,500 | $154,500 |
| 2017 | $5,840 | $165,000 | $10,500 | $154,500 |
| 2016 | $6,088 | $149,000 | $8,500 | $140,500 |
| 2015 | $6,088 | $149,000 | $8,500 | $140,500 |
| 2014 | $5,706 | $133,000 | $8,500 | $124,500 |
Source: Public Records
Agents Affiliated with this Home
-
Misty Darling
-
Lance Martinson
Buyer's Agent in 2016
Lance Martinson
RE/MAX
(515) 371-8765
11 in this area
351 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 516906
APN: 030-04870003000
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.
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