Seller's Agent in 2022
Cy Phillips
Space Simply
(515) 423-0899
6 in this area
596 Total Sales
1117 26th St Des Moines, IA 50311
Drake Neighborhood
--
Bed
3
Baths
3,137
Sq Ft
6,144
Sq Ft Lot
Highlights
- 6 Kitchens
- No HOA
- Forced Air Heating System
About This Home
As of May 2022GREAT INVESTMENT OPPORTUNITY! Priced right 6-Plex one block from Drake University. Fully occupied and rents for $3325/month. Approximate monthly owner expenses are $1056 for water, gas/electric, trash, taxes and insurance. Current owner maintains its own lawn care and snow removal. Current rental certificate. The garage is used by the owner for personal use. This could be rented out for an additional $100-200 month. New roof and exterior paint in 2015. 4 of the 6 apartments have been recently remodeled. Additional investment properties are also available if interested.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,684
Year Built
- Built in 1891
Lot Details
- 6,144 Sq Ft Lot
- Lot Dimensions are 48x128
Parking
- 2 Car Attached Garage
Home Design
- Frame Construction
Interior Spaces
- 3,137 Sq Ft Home
- 3-Story Property
- 6 Kitchens
Utilities
- Forced Air Heating System
Community Details
- No Home Owners Association
- 6 Units
Listing and Financial Details
- Assessor Parcel Number 03001436000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 4, 2022
Closed on
May 23, 2022
Sold by
Anchor Investment Group Llc
Bought by
Dela Cruz Alejandro Jose Munoz
Seller's Agent
Cy Phillips
Space Simply
Buyer's Agent
Lacey Halupnick
RE/MAX Concepts
List Price
$165,000
Sold Price
$139,250
Premium/Discount to List
-$25,750
-15.61%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,750
Avg. Annual Appreciation
15.25%
Purchase Details
Listed on
Jan 12, 2021
Closed on
Mar 22, 2021
Sold by
South Story Bank & Trust
Bought by
Anchor Investment Group Llc
Seller's Agent
Wayne DePenning
BHHS First Realty Westown
Buyer's Agent
Jon Swearingen
Realty ONE Group Impact
List Price
$110,000
Sold Price
$85,000
Premium/Discount to List
-$25,000
-22.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.00%
Purchase Details
Closed on
Dec 15, 2020
Sold by
Smith James G
Bought by
South Story Bank And Trust
Purchase Details
Closed on
Nov 19, 2018
Sold by
Hannah Podray Brad and Hannah Sung
Bought by
S & S Investments Of Iowa Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jun 7, 2018
Sold by
Smiker Properties Llc
Bought by
Podray Brad
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,750
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 19, 2016
Sold by
Leneghan Lodging Llc
Bought by
Smiker Properties Llc
Purchase Details
Closed on
Jun 23, 2015
Sold by
Lockstep 3 Llc
Bought by
Lockstep Llc
Purchase Details
Closed on
Aug 1, 2014
Sold by
1117 26Th St Llc
Bought by
Lockstep 3 Llc
Purchase Details
Closed on
Aug 27, 2012
Sold by
Lockstep 2 Llc
Bought by
Lockstep Llc
Purchase Details
Closed on
Sep 2, 2011
Sold by
Lockstep 2 Llc
Bought by
1117 26Th St Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
4.02%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Dec 9, 2008
Sold by
States Resources Corp
Bought by
M & M Des Moines Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.19%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Sep 18, 2008
Sold by
Jones Nathaniel and Jones Joanna
Bought by
States Resources Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.19%
Mortgage Type
Future Advance Clause Open End Mortgage
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $139,500 | Abendroth Russell Barnett Law | |
| Warranty Deed | $85,000 | None Available | |
| Sheriffs Deed | $200,000 | None Available | |
| Warranty Deed | $77,000 | None Available | |
| Warranty Deed | $132,500 | None Available | |
| Warranty Deed | $114,875 | None Available | |
| Interfamily Deed Transfer | -- | Attorney | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Contract Of Sale | $120,000 | None Available | |
| Corporate Deed | $166,500 | Itc | |
| Sheriffs Deed | $147,783 | Itc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $315,000 | New Conventional | |
| Previous Owner | $150,340 | New Conventional | |
| Previous Owner | $177,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $92,750 | Purchase Money Mortgage | |
| Previous Owner | $92,750 | Purchase Money Mortgage | |
| Previous Owner | $135,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $78,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $78,000 | Future Advance Clause Open End Mortgage | |
| Closed | $0 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2022 05/23/22 | Sold | $139,250 | -15.6% | $44 / Sq Ft |
| 05/05/2022 05/05/22 | Pending | -- | -- | -- |
| 04/15/2022 04/15/22 | Pending | -- | -- | -- |
| 04/14/2022 04/14/22 | For Sale | $165,000 | 0.0% | $53 / Sq Ft |
| 02/04/2022 02/04/22 | For Sale | $165,000 | +94.1% | $53 / Sq Ft |
| 04/12/2021 04/12/21 | Sold | $85,000 | -22.7% | $27 / Sq Ft |
| 03/01/2021 03/01/21 | Pending | -- | -- | -- |
| 01/12/2021 01/12/21 | For Sale | $110,000 | -4.3% | $35 / Sq Ft |
| 01/21/2016 01/21/16 | Sold | $115,000 | -4.2% | $37 / Sq Ft |
| 12/22/2015 12/22/15 | Pending | -- | -- | -- |
| 10/23/2015 10/23/15 | For Sale | $120,000 | -- | $38 / 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 | $4,014 | $148,150 | $21,400 | $126,750 |
| 2023 | $3,912 | $204,000 | $14,900 | $189,100 |
| 2022 | $4,722 | $166,000 | $12,500 | $153,500 |
| 2021 | $6,201 | $166,000 | $12,500 | $153,500 |
| 2020 | $3,338 | $136,000 | $11,400 | $124,600 |
| 2019 | $2,710 | $136,000 | $11,400 | $124,600 |
| 2018 | $2,882 | $113,000 | $11,400 | $101,600 |
| 2017 | $2,566 | $113,000 | $11,400 | $101,600 |
| 2016 | $2,676 | $102,000 | $9,500 | $92,500 |
| 2015 | $2,676 | $102,000 | $9,500 | $92,500 |
| 2014 | $3,330 | $91,000 | $9,500 | $81,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Lacey Halupnick
RE/MAX
(515) 661-7620
10 in this area
57 Total Sales
-
Seller's Agent in 2021
Wayne DePenning
BHHS First Realty Westown
(515) 669-2453
5 in this area
73 Total Sales
-
M
Seller Co-Listing Agent in 2021
Marlea DePenning
BHHS First Realty Westown
(515) 314-3325
2 in this area
43 Total Sales
-
J
Buyer's Agent in 2021
Jon Swearingen
Realty ONE Group Impact
-
A
Seller's Agent in 2016
Andy Lenaghan
Keller Williams Realty GDM
(515) 707-6868
57 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 506921
APN: 030-01436000000
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