Seller's Agent in 2018
Jeffrey Horner
Gillum Group Real Estate LLC
(515) 619-8592
1 in this area
123 Total Sales
1120 26th St Des Moines, IA 50311
Drake NeighborhoodEstimated Value: $275,000 - $329,000
--
Bed
11
Baths
4,181
Sq Ft
$73/Sq Ft
Est. Value
Highlights
- 11 Kitchens
- No HOA
- Hot Water Heating System
About This Home
As of July 2018Assessed at $214,000 this multi family unit is a great investment opportunity and development project for someone who wants to own and develop a multi-unit home near Drake University. Home is being sold "As Is" and resides in the Urban Revitalization Plan 4A area. The rental certificate has expired and will need to be renewed with the City of Des Moines prior to occupancy. This home needs renovations prior to renting and obtaining a certificate. Home consists of parking in back, private drive, street and has recently had a new roof put on. *****Contract purchases are welcome; but only at current bank note of $100,000 with 20% down payment. Insurance would be paid outside of monthly payment.*****
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1893
Lot Details
- 5,760 Sq Ft Lot
- Lot Dimensions are 48x120
Parking
- Driveway
Home Design
- Brick Foundation
- Asphalt Shingled Roof
Interior Spaces
- 11 Full Bathrooms
- 4,181 Sq Ft Home
- 2-Story Property
- 11 Kitchens
Utilities
- Hot Water Heating System
Community Details
- No Home Owners Association
- 11 Units
Listing and Financial Details
- Assessor Parcel Number 03001355000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 7, 2017
Closed on
Jul 10, 2018
Sold by
Lockstep Llc
Bought by
Hc Rentals Llc
Seller's Agent
Jeffrey Horner
Gillum Group Real Estate LLC
Buyer's Agent
Jeffrey Horner
Gillum Group Real Estate LLC
List Price
$130,000
Sold Price
$75,000
Premium/Discount to List
-$55,000
-42.31%
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
$230,281
Avg. Annual Appreciation
20.84%
Purchase Details
Closed on
Jun 28, 2017
Sold by
Klm Development Llc
Bought by
Lockstep Llc
Purchase Details
Closed on
Jun 23, 2015
Sold by
Lockstep 3 Llc
Bought by
Lockstep Llc
Purchase Details
Closed on
Oct 10, 2014
Sold by
1120 26Th St L L C
Bought by
Lockstep 3 L L C
Purchase Details
Closed on
Aug 27, 2012
Sold by
Lockstep 2 Llc
Bought by
Lockstep Llc
Purchase Details
Closed on
Nov 4, 2011
Sold by
Lockstep 2 Llc
Bought by
1120 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
$136,783
Interest Rate
4.02%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jul 1, 2003
Sold by
Nahas Edward J and Nahas Natalie
Bought by
Jones Nate
Purchase Details
Closed on
Jul 1, 1998
Sold by
Nahas Edward J and Nahas Natalie
Bought by
Jones Nate
Purchase Details
Closed on
Jun 28, 1998
Sold by
Hiskey Eugene and Hiskey Verda M
Bought by
Nahas Edward J and Nahas Natalie
Purchase Details
Closed on
Dec 12, 1997
Sold by
Nahas Edward J and Nahas Natalie
Bought by
Hiskey Eugene and Hiskey Verda M
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hc Rentals Llc | $75,000 | None Available | |
| Lockstep Llc | -- | None Available | |
| Lockstep Llc | -- | Attorney | |
| Lockstep 3 L L C | -- | None Available | |
| Lockstep Llc | -- | None Available | |
| 1120 26Th St Llc | $200,000 | None Available | |
| Jones Nate | $94,500 | -- | |
| Jones Nate | $95,000 | -- | |
| Nahas Edward J | $79,500 | -- | |
| Hiskey Eugene | $77,000 | -- | |
| Nahas Edward J | -- | -- | |
| Hiskey Eugene | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | 1120 26Th St Llc | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/10/2018 07/10/18 | Sold | $75,000 | -42.3% | $18 / Sq Ft |
| 06/10/2018 06/10/18 | Pending | -- | -- | -- |
| 09/07/2017 09/07/17 | For Sale | $130,000 | -- | $31 / 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 | $4,860 | $247,000 | $20,100 | $226,900 |
| 2023 | $4,428 | $247,000 | $20,100 | $226,900 |
| 2022 | $4,394 | $187,900 | $16,200 | $171,700 |
| 2021 | $3,318 | $187,900 | $16,200 | $171,700 |
| 2020 | $2,774 | $133,000 | $14,400 | $118,600 |
| 2019 | $2,656 | $82,700 | $10,700 | $72,000 |
| 2018 | $5,236 | $75,000 | $10,700 | $64,300 |
| 2017 | $5,229 | $214,000 | $10,700 | $203,300 |
| 2016 | $4,822 | $193,000 | $9,000 | $184,000 |
| 2015 | $4,822 | $193,000 | $9,000 | $184,000 |
| 2014 | $4,590 | $172,000 | $9,000 | $163,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Horner
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 547452
APN: 030-01355000000
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