NOT LISTED FOR SALE

1106 Clinton Ave Des Moines, IA 50313

Oak Park Neighborhood

Estimated Value: $197,000 - $245,055

-- Bed
3 Baths
2,023 Sq Ft
$109/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $230,000 $114 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,449/month

163 Days on Market

Highlights

  • 3 Kitchens
  • Hot Water Heating System
  • 5-minute walk to McHenry Park
  • No HOA
  • Carpet

About This Home

As of December 2023

Calling all investors! Don’t wait on this cash flow positive 3-unit home in Des Moines! All three units are currently rented! Each unit has received recent updates including flooring, paint, mechanicals, and appliances. Please allow 24 hour notice for showings.

Last Agent to Sell the Property

Stephen Kerr

Century 21 Signature Listed on: 05/22/2023

Century 21 Signature

Last Buyer's Agent

Dale Stonehocker

Space Simply

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,486

Year Built

  • Built in 1897

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50x132

Home Design

  • 2,023 Sq Ft Home
  • Block Foundation
  • Asphalt Shingled Roof

Kitchen

  • 3 Kitchens
  • Stove

Flooring

  • Carpet
  • Vinyl

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Additional Features

  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 07004254000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,486

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: See Remarks
  • Lp Amt Sq Ft: 118.64
  • Sp Amt Sq Ft: 113.69
  • Year Built: 1897
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 3
  • Stoves Total: 2
  • Interior Amenities: Carpeting, Vinyl Floors
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Kitchens: 3
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 2023
  • Partial Bathrooms: 1
  • Total Sq Ft: 2023

Exterior Features

  • Foundation: Concrete Block, Poured
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt

Garage/Parking

  • Driveway: Gravel
  • Garage: 2 Detached
  • Off Street Parking: Y

Utilities

  • Sewer: City
  • Water: City
  • Heat: Hot Water

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1520
  • Lot S F: 6600
  • Lot Shape: Regular
  • Lot Size: 50X132
  • Assessor Parcel Number: 07004254000000
  • Zoning: R1-60

Rental Info

  • Furnished: No

Tax Info

  • Gross Taxes: 3485.83
  • Net Taxes: 3485.83

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2023
Closed on
Dec 11, 2023
Sold by
Armadura Legal Inc
Bought by
Collins Scott J
Seller's Agent
Stephen Kerr
Century 21 Signature
Buyer's Agent
Dale Stonehocker
Space Simply
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Views
149
Current Estimated Value
$221,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,972
Avg. Annual Appreciation
-2.07%
Original Mortgage
$172,500
Outstanding Balance
$169,637
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$51,391

Purchase Details

Closed on
Nov 30, 2021
Sold by
Ivysun Capital Llc
Bought by
Armadura Legal Inc

Purchase Details

Closed on
Jun 21, 2021
Sold by
Green Mt Llc
Bought by
Ivysun Capital Llc

Purchase Details

Closed on
Nov 26, 2002
Sold by
Jutting Eldon J and Jutting Allaire
Bought by
Nail Rick D and Nail Michelle R
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
Collins Scott J $230,000 None Listed On Document
Collins Scott J $230,000 None Listed On Document
Armadura Legal Inc $150,000 None Available
Armadura Legal Inc $150,000 None Listed On Document
Ivysun Capital Llc $122,000 None Available
Green Mt Llc $110,000 None Available
Nail Rick D $34,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Scott J $172,500
Closed Collins Scott J $172,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Sold $230,000 -4.2% $114 / Sq Ft
11/01/2023 11/01/23 Pending -- -- --
08/02/2023 08/02/23 Price Changed $240,000 -4.0% $119 / Sq Ft
05/22/2023 05/22/23 For Sale $250,000 -- $124 / 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 $3,442 $189,000 $19,000 $170,000
2024 $3,442 $175,000 $16,700 $158,300
2023 $3,346 $175,000 $16,700 $158,300
2022 $3,912 $142,000 $13,900 $128,100
2021 $3,464 $142,000 $13,900 $128,100
2020 $3,890 $116,000 $12,700 $103,300
2019 $3,400 $116,000 $12,700 $103,300
2018 $3,616 $96,000 $12,700 $83,300
2017 $3,390 $96,000 $12,700 $83,300
2016 $3,534 $86,500 $10,600 $75,900
2015 $3,534 $86,500 $10,600 $75,900
2014 $3,444 $77,000 $10,600 $66,400
Source: Public Records

Agents Affiliated with this Home

  • Stephen Kerr

    Seller's Agent in 2023

    Stephen Kerr

    Century 21 Signature

    (515) 720-2294

    1 in this area

    92 Total Sales

    Stephen Kerr
    Section Image
  • Dale Stonehocker

    Buyer's Agent in 2023

    Dale Stonehocker

    Space Simply

    (523) 386-4646

    1 in this area

    72 Total Sales

    Dale Stonehocker
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 673720

Des Moines Area Association of REALTORS®

APN: 070-04254000000

Iowa Polk County Des Moines 50313 Oak Park

1106 Clinton Ave, Des Moines, IA

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