NOT LISTED FOR SALE

1106 Virginia Ave Des Moines, IA 50315

Greater South Side Neighborhood

Estimated Value: $198,000 - $209,698

-- Bed
2 Baths
1,920 Sq Ft
$106/Sq Ft Est. Value

Last Sold June 01, 2023

Last sale price $192,000 $100 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,404/month

17 Days on Market

Highlights

  • 2 Kitchens
  • Laundry Room
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of June 2023

ATTENTION SOUTH SIDE MULTI-FAMILY HOME! Well maintained! This home has two separate living spaces, kitchens, laundry perfect for a multigenerational family, mother in law suite, AirBnb, or a buyer looking to rent out one space to a tenant to help pay for the mortgage. The main level "home" has 3 bedrooms with 1 full bathroom, eat in kitchen, large family room, mudroom/laundry, direct access to backyard, 1,140 square feet PLUS 270 square feet in heated/cooled enclosed porch, and direct access to unfinished basement for storage. Upstairs " potential MIL suite" has 1 bedroom with 3/4 bathroom, kitchen, and family room. Outside is a fenced in backyard, garden shed, newer 12x12' shed built in 2008 with garage door, and a carport. Both spaces have kitchen stove, refrigerator, washer and dryer included. If you are ready to supplement your income, become a landlord, or have space for your family/friends to live close this gem is for your! Located on a great mature street close to many businesses and restaurants.

Last Agent to Sell the Property

Tiffany Marcum

The American Real Estate Co. Listed on: 03/18/2023

Co-Listed By

Rich Montanaro

The American Real Estate Co.

Last Buyer's Agent

Rod Clarkson

LPT Realty, LLC

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,149

Year Built

  • Built in 1905

Lot Details

  • 8,825

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property
  • 2 Kitchens
  • Laundry Room
  • Unfinished Basement

Additional Features

  • 8,825 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 01005422002000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,149

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 103.65
  • Sp Amt Sq Ft: 100.00
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Third Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 671
  • Kitchens: 2
  • Laundry: Yes
  • Living Area Sq Ft: 1920
  • Total Sq Ft: 1920

Exterior Features

  • Exterior: Frame
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt

Garage/Parking

  • Driveway: Asphalt
  • Garage: 1 Detached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central, See Remarks
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2030
  • Lot S F: 8825
  • Lot Size: 65
  • Assessor Parcel Number: 01005422002000
  • Zoning: N5

Rental Info

  • Furnished: No
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Taxes Owner, Water Owner

Tax Info

  • Gross Taxes: 4149.00
  • Net Taxes: 4149.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2023
Closed on
Jun 1, 2023
Sold by
Russo Teresa M and Russo Karey L
Bought by
Yang Mo and Yang Jenevi
Seller's Agent
Tiffany Marcum
The American Real Estate Co.
Buyer's Agent
Rod Clarkson
LPT Realty, LLC
List Price
$199,000
Sold Price
$192,000
Premium/Discount to List
-$7,000
-3.52%
Views
93
Current Estimated Value
$202,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,454
Avg. Annual Appreciation
2.28%
Original Mortgage
$188,522
Outstanding Balance
$184,470
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$17,205

Purchase Details

Listed on
Mar 18, 2023
Closed on
May 30, 2023
Sold by
Roo Roos Rental Llc
Bought by
Yang Mo and Yang Jenevi
Seller's Agent
Tiffany Marcum
The American Real Estate Co.
Buyer's Agent
Rod Clarkson
LPT Realty, LLC
List Price
$199,000
Sold Price
$192,000
Premium/Discount to List
-$7,000
-3.52%
Views
93

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,522
Outstanding Balance
$184,470
Interest Rate
6.39%
Mortgage Type
FHA
Estimated Equity
$17,205

Purchase Details

Closed on
Sep 1, 2020
Sold by
Dyer Teresa Marie Russo and Dyer Karey L
Bought by
Roo Roos Rental Llc

Purchase Details

Closed on
Sep 23, 2003
Sold by
City Of Des Moines
Bought by
Russo Teresa M

Purchase Details

Closed on
Mar 27, 2003
Sold by
Donati George A and Donati Mary M
Bought by
Russo Teresa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,400
Interest Rate
5.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2001
Sold by
Anderson James Arthur and Anderson Mary S
Bought by
Donati George A and Donati Mary M

Purchase Details

Closed on
Jul 17, 2001
Sold by
Anderson James Arthur and Anderson Mary S
Bought by
Donati George A and Donati Mary M
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
Yang Mo -- None Listed On Document
Yang Mo $192,000 None Listed On Document
Roo Roos Rental Llc -- None Available
Russo Teresa M -- --
Russo Teresa M $91,500 --
Donati George A -- --
Donati George A $42,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Mo $188,522
Previous Owner Russo Teresa M $87,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $192,000 -3.5% $100 / Sq Ft
04/04/2023 04/04/23 Pending -- -- --
03/18/2023 03/18/23 For Sale $199,000 -- $104 / 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 $3,540 $190,400 $35,300 $155,100
2023 $3,836 $190,400 $35,300 $155,100
2022 $3,808 $162,800 $31,400 $131,400
2021 $3,314 $162,800 $31,400 $131,400
2020 $3,438 $141,400 $27,500 $113,900
2019 $3,208 $141,400 $27,500 $113,900
2018 $3,170 $127,900 $24,500 $103,400
2017 $2,948 $127,900 $24,500 $103,400
2016 $2,866 $117,500 $22,500 $95,000
2015 $2,866 $117,500 $22,500 $95,000
2014 $2,946 $119,600 $22,600 $97,000
Source: Public Records

Agents Affiliated with this Home

  • Tiffany Marcum

    Seller's Agent in 2023

    Tiffany Marcum

    The American Real Estate Co.

    (515) 776-0164

    1 in this area

    78 Total Sales

    Section Image
  • Rich Montanaro

    Seller Co-Listing Agent in 2023

    Rich Montanaro

    The American Real Estate Co.

    (515) 451-4549

    3 in this area

    206 Total Sales

    Section Image

  • R

    Buyer's Agent in 2023

    Rod Clarkson

    LPT Realty, LLC

    1 in this area

    23 Total Sales

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 669314

Des Moines Area Association of REALTORS®

APN: 010-05422002000

Iowa Polk County Des Moines 50315 Greater South Side

1106 Virginia Ave, Des Moines, IA

This home is located at 1106 Virginia Ave, Des Moines, IA 50315 since 18 March 2023 and is currently estimated at $203,849, approximately $106 per square foot. This property was built in 1905. 1106 Virginia Ave is a home located in Polk County with nearby schools including Park Avenue Elementary School, Brody Middle School, and Lincoln High School.

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.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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