NOT LISTED FOR SALE

1111 27th St Des Moines, IA 50311

Drake Neighborhood

Estimated Value: $148,000 - $183,656

-- Bed
1 Bath
1,254 Sq Ft
$132/Sq Ft Est. Value

Last Sold November 15, 2013

Last sale price $49,900 $40 Per Sq Ft

Est. 232% increase in value since last sale

Current estimated payment $1,061/month

42 Days on Market

Highlights

  • 3 Kitchens
  • Bungalow
  • Forced Air Heating System

About This Home

As of November 2013

Great income property close to Drake. Newer roof & gutters, hardwood floors, off street parking. Three 1 BR units with separate, newer furnaces, separate gas meters and two of the apartments have separate electric meters. Water, sewer & trash paid by the landlord.

Last Agent to Sell the Property

Marva McCarty

RE/MAX Concepts Listed on: 10/04/2013

RE/MAX Concepts

Last Buyer's Agent

Mike Hickman

Iowa Realty Valley West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1893

Lot Details

  • 5,760 Sq Ft Lot
  • Lot Dimensions are 48 x 120

Home Design

  • Bungalow
  • Brick Foundation
  • Metal Siding

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Additional Features

  • 3 Kitchens
  • 1 Bathroom
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 03001366000000

Community Details

Overview

  • 3 Units

Building Details

  • Operating Expense $400
  • Gross Income $1,050

Property Details

Home Type

Multi-Family

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Bungalow
  • Lp Amt Sq Ft: 9.00
  • Sp Amt Sq Ft: 9.00
  • Year Built: 1893
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 1.00
  • Partial Bath Total: 1
  • Full Bathrooms: 2
  • Basement Description: Unfinished
  • Kitchens: 3
  • Laundry: No
  • Storage: No
  • Partial Bathrooms: 1

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Brick
  • Paved: No
  • Sidewalk: 1

Garage/Parking

  • Off Street Parking: 4

Utilities

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

Condo/Co-op/Association

  • Manager: No

Fee Information

  • Total Expense: 400

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1320
  • Qualifier Acres: More or Less
  • Lot S F: 5760
  • Lot Size: 48 x 120
  • Assessor Parcel Number: 03001366000000
  • Zoning: R1-60

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Landlord, Misc Exp Landlord, Water Landlord

Tax Info

  • Gross Taxes: 2322.00
  • Net Taxes: 2322.00
  • Assessor Parcel Number: 111127THSTPOLKDESMOINE50311
  • Tax Year: 2012

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2021
Sold by
Demarco Mary D and Demarco Frank J
Bought by
Olympic Capital Llc
Current Estimated Value
$165,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Outstanding Balance
$124,239
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 30, 2015
Sold by
Demarco Frank J
Bought by
Demarco Mary D

Purchase Details

Listed on
Oct 4, 2013
Closed on
Nov 13, 2013
Sold by
Starch Mary Beth and Starch Cyrus
Bought by
Demarco Frank J and Demarco Mary D
Seller's Agent
Marva McCarty
RE/MAX Concepts
Buyer's Agent
Mike Hickman
Iowa Realty Valley West
List Price
$49,900
Sold Price
$49,900

Purchase Details

Closed on
Sep 4, 1997
Sold by
Dickerson Hollis W and Dickerson Orpha Madge
Bought by
Starch Mary Beth and Jansen Mary Beth
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
Olympic Capital Llc $152,000 None Available
Demarco Mary D -- Attorney
Demarco Frank J $50,000 None Available
Starch Mary Beth -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2013 11/15/13 Sold $49,900 0.0% $40 / Sq Ft
11/15/2013 11/15/13 Pending -- -- --
10/04/2013 10/04/13 For Sale $49,900 -- $40 / 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 $2,184 $111,000 $14,600 $96,400
2023 $2,128 $111,000 $14,600 $96,400
2022 $2,488 $90,300 $12,200 $78,100
2021 $2,210 $90,300 $12,200 $78,100
2020 $2,482 $74,000 $11,100 $62,900
2019 $2,178 $74,000 $11,100 $62,900
2018 $2,316 $61,500 $11,100 $50,400
2017 $2,174 $61,500 $11,100 $50,400
2016 $2,268 $55,500 $9,300 $46,200
2015 $2,268 $55,500 $9,300 $46,200
2014 $2,124 $49,500 $9,300 $40,200
Source: Public Records

Agents Affiliated with this Home

  • Marva McCarty

    Seller's Agent in 2013

    Marva McCarty

    RE/MAX

    (515) 491-0107

    35 Total Sales

    Marva McCarty
    Section Image

  • M

    Buyer's Agent in 2013

    Mike Hickman

    Iowa Realty Valley West

See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 425707

Des Moines Area Association of REALTORS®

APN: 030-01366000000

Iowa Polk County Des Moines 50311 Drake

1111 27th St, Des Moines, IA

This home is located at 1111 27th St, Des Moines, IA 50311 since 04 October 2013 and is currently estimated at $165,828, approximately $132 per square foot. This property was built in 1893. 1111 27th St is a home located in Polk County with nearby schools including Hubbell Elementary, Callanan Middle School, and Roosevelt 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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