$160,000
SOLD JAN 31, 2020
-- Bed
5 Baths
3,875 Sq Ft
9,216 Sq Ft Lot

Recently Sold

$41 Per Sq Ft

8% Below List Price

130 Days on Market

Highlights

  • 5 Kitchens
  • Forced Air Heating System
  • 4-minute walk to Drake Park
  • No HOA

About This Home

As of April 2023

This Multi-family home is the “Hill McClelland Bell House”. The National Register of Historic Places in Polk County. The house's significance is derived from its association with Hill McClelland Bell, president of Drake University from 1902 to 1918. If you wanted to convert this home back into a single family home check out the incentives that you could get. This home features 5 units, (1) 2 Bdrm (3) 1 Bdrms (1) Studio all with bathrooms & kitchen. Rebuilt furnace, off Street parking, Renters Certificate good thru 1/2021. Great location near Drake.

Last Agent to Sell the Property

Holly Taylor

RE/MAX Precision Listed on: 09/23/2019

RE/MAX Precision

Last Buyer's Agent

Brandy Laiblin

RE/MAX Revolution

RE/MAX Revolution

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 9,216 Sq Ft Lot
  • Lot Dimensions are 72x128

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 3,875 Sq Ft Home
  • 2-Story Property
  • 5 Kitchens
  • Unfinished Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 03001430000000

Community Details

Overview

  • No Home Owners Association
  • 5 Units

Building Details

  • Operating Expense $1,338
  • Gross Income $2,565

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 44.90
  • Sp Amt Sq Ft: 41.29
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 5
  • Stoves Total: 5
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • First Floor Full Bathrooms: 3
  • Second Floor Full Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1160
  • Kitchens: 5
  • Laundry: No
  • Storage: No
  • Living Area Sq Ft: 3875
  • Total Sq Ft: 3875

Exterior Features

  • Exterior: Frame
  • Foundation: Brick
  • Paved: No
  • Sidewalk: y

Garage/Parking

  • Off Street Parking: 5

Utilities

  • Air Conditioner: Window Unit
  • Heat: Gas Forced Air
  • Separate Meters: y

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Fee Information

  • Total Expense: 1338

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2120
  • Lot S F: 9216
  • Lot Size: 72X128
  • Assessor Parcel Number: 03001430000000
  • Zoning: R1-60

Rental Info

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

Tax Info

  • Gross Taxes: 4250.00
  • Net Taxes: 4250.00
  • Tax Year: 2019

Multi Family

  • Total Units: 5

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2022
Closed on
Mar 30, 2023
Sold by
Dobson Keegan
Bought by
Delacruz Alejandro J Munoz
Seller's Agent
Brett Opdahl
RE/MAX Precision
Buyer's Agent
Lacey Halupnick
RE/MAX Concepts
List Price
$275,000
Sold Price
$243,000
Premium/Discount to List
-$32,000
-11.64%
Views
57
Current Estimated Value
$264,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,187
Avg. Annual Appreciation
4.52%

Purchase Details

Listed on
Feb 1, 2021
Closed on
Aug 12, 2021
Sold by
Schneider Kevin J
Bought by
Invest Dsm Inc
Seller's Agent
Darson Grantham
Keller Williams Realty GDM
Buyer's Agent
Brett Opdahl
RE/MAX Precision
List Price
$240,000
Sold Price
$220,000
Premium/Discount to List
-$20,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.92%
Original Mortgage
$220,000
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 1, 2021
Closed on
Jun 24, 2021
Sold by
Ten 91 Llc
Bought by
Dobson Keegan
Seller's Agent
Darson Grantham
Keller Williams Realty GDM
Buyer's Agent
Brett Opdahl
RE/MAX Precision
List Price
$240,000
Sold Price
$220,000
Premium/Discount to List
-$20,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 23, 2019
Closed on
Jan 30, 2020
Sold by
Home Solutions Investments Llc
Bought by
Ten 91 Llc
Seller's Agent
Holly Taylor
RE/MAX Precision
Buyer's Agent
Brandy Laiblin
RE/MAX Revolution
List Price
$174,000
Sold Price
$160,000
Premium/Discount to List
-$14,000
-8.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.56%
Original Mortgage
$120,000
Interest Rate
3.74%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 23, 2011
Sold by
Berlin Edward W
Bought by
Home Solutions Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
4.78%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 22, 2005
Sold by
Berlin Ed
Bought by
Jones Nate and Jones Joanna

Purchase Details

Closed on
Feb 27, 2004
Sold by
Rottler Steven
Bought by
Berlin Edward W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.74%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 2001
Sold by
Bruce Glauberg Inc
Bought by
Joan Dee Rottler Family Trust
Source: Public Records

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Range of Values:

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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 $243,000 --
Sheriffs Deed $150,500 None Listed On Document
Warranty Deed $220,000 None Available
Warranty Deed $160,000 None Available
Warranty Deed $74,500 Itc
Contract Of Sale $95,000 --
Warranty Deed $94,500 Itc
Warranty Deed $42,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $220,000 FHA
Previous Owner $220,000 Future Advance Clause Open End Mortgage
Previous Owner $120,000 Future Advance Clause Open End Mortgage
Previous Owner $99,000 Future Advance Clause Open End Mortgage
Previous Owner $90,000 Commercial
Closed $0 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2023 04/03/23 Sold $243,000 -11.6% $63 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
10/14/2022 10/14/22 For Sale $275,000 +25.0% $71 / Sq Ft
07/12/2021 07/12/21 Sold $220,000 -2.2% $57 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
06/01/2021 06/01/21 Price Changed $225,000 -2.2% $58 / Sq Ft
04/23/2021 04/23/21 Price Changed $230,000 -4.2% $59 / Sq Ft
02/01/2021 02/01/21 For Sale $240,000 +50.0% $62 / Sq Ft
01/31/2020 01/31/20 Sold $160,000 -8.0% $41 / Sq Ft
01/31/2020 01/31/20 Pending -- -- --
09/23/2019 09/23/19 For Sale $174,000 -- $45 / 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 $4,250 $216,000 $22,400 $193,600
2023 $4,148 $216,000 $22,400 $193,600
2022 $5,706 $176,000 $18,800 $157,200
2021 $4,300 $176,000 $18,800 $157,200
2020 $4,830 $144,000 $17,100 $126,900
2019 $4,250 $144,000 $17,100 $126,900
2018 $4,520 $120,000 $17,100 $102,900
2017 $4,232 $120,000 $17,100 $102,900
2016 $4,412 $108,000 $14,000 $94,000
2015 $4,412 $108,000 $14,000 $94,000
2014 $4,316 $96,500 $14,000 $82,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 591815

Des Moines Area Association of REALTORS®

APN: 030-01430000000