$145,000
SOLD SEP 14, 2020
-- Bed
4 Baths
2,428 Sq Ft
6,400 Sq Ft Lot

Recently Sold

$60 Per Sq Ft

3% Below List Price

32 Days on Market

Highlights

  • 4 Kitchens
  • Forced Air Heating System
  • 2-minute walk to Drake Park
  • No HOA
  • Baseboard Heating

About This Home

As of August 2024

Great investment opportunity. 4 units. Drake area. All vacant. Needs minor improvements and some flooring to be ready to rent. New roof in summer 2020. Separate meters for all utilities including water. Seller estimates 2800/mo income when fully occupied.

Last Agent to Sell the Property

George Archer

RE/MAX Concepts Listed on: 06/22/2020

RE/MAX Concepts

Last Buyer's Agent

Kenneth Kauzlarich

RE/MAX Precision

RE/MAX Precision

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1904

Lot Details

  • 6,400 Sq Ft Lot
  • Lot Dimensions are 40x160

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 2,428 Sq Ft Home
  • 3-Story Property
  • 4 Kitchens
  • Unfinished Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Gross Income $2,800

Listing and Financial Details

  • Assessor Parcel Number 03001471000000

Property Details

Home Type

Multi-Family

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Three Story
  • Lp Amt Sq Ft: 61.78
  • Sp Amt Sq Ft: 59.72
  • Termite: Follow Showing Instructions
  • Year Built: 1904
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Refrigerators: 3
  • Stoves Total: 2
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • First Floor Full Bathrooms: 2
  • Third Floor Full Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1071
  • Kitchens: 4
  • Living Area Sq Ft: 2428
  • Total Sq Ft: 2428

Exterior Features

  • Exterior: Frame
  • Foundation: Brick

Utilities

  • Air Conditioner: Window Unit
  • Heat: Electric Baseboard, Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1470
  • Lot S F: 6400
  • Lot Size: 40X160
  • Assessor Parcel Number: 03001471000000
  • Zoning: R1-60

Rental Info

  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Landlord, Water Tenant

Tax Info

  • Gross Taxes: 4800.00
  • Net Taxes: 4700.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Aug 28, 2024
Sold by
Pickle Properties Dsm 24Th St Llc
Bought by
Fickle Brad
Seller's Agent
Elizabeth Keller
CHASE Collective
Buyer's Agent
Misty Darling
BH&G Real Estate Innovations
List Price
$405,000
Sold Price
$405,000
Views
1
Current Estimated Value
$405,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147
Avg. Annual Appreciation
0.04%
Original Mortgage
$303,750
Outstanding Balance
$301,628
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$103,519

Purchase Details

Listed on
Jun 22, 2020
Closed on
Oct 29, 2020
Sold by
Ingvall Eric
Bought by
Rockstreet Properties Llc
Seller's Agent
George Archer
RE/MAX Concepts
Buyer's Agent
Kenneth Kauzlarich
RE/MAX Precision
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.61%

Purchase Details

Listed on
Jun 22, 2020
Closed on
Sep 15, 2020
Sold by
Ra Property Investments Llc
Bought by
Ingvall Eric
Seller's Agent
George Archer
RE/MAX Concepts
Buyer's Agent
Kenneth Kauzlarich
RE/MAX Precision
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%

Purchase Details

Closed on
Jan 23, 2020
Sold by
Andreini Randy and Andreini Cindy
Bought by
Ra Property Investments Llc

Purchase Details

Closed on
Jan 30, 1998
Sold by
Pasutti Richard D and Pasutti Regis M
Bought by
Andreini Randy A

Purchase Details

Closed on
Dec 23, 1997
Sold by
Davidson Judd D
Bought by
Pasutti Richard D
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $405,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Warranty Deed $145,000 None Available
Quit Claim Deed -- None Available
Warranty Deed $12,000 --
Warranty Deed $7,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $303,750 New Conventional
Previous Owner $79,623 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $405,000 0.0% $167 / Sq Ft
08/28/2024 08/28/24 Sold $405,000 0.0% $167 / Sq Ft
08/06/2024 08/06/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $405,000 0.0% $167 / Sq Ft
07/31/2024 07/31/24 Off Market $405,000 -- --
01/15/2024 01/15/24 For Sale $405,000 +4.4% $167 / Sq Ft
04/27/2022 04/27/22 Sold $388,000 0.0% $160 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/27/2022 04/27/22 For Sale $388,000 +167.6% $160 / Sq Ft
09/14/2020 09/14/20 Sold $145,000 -3.3% $60 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $150,000 -- $62 / 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 $4,742 $241,000 $12,900 $228,100
2023 $4,620 $241,000 $12,900 $228,100
2022 $5,398 $196,000 $10,800 $185,200
2021 $5,713 $196,000 $10,800 $185,200
2020 $6,113 $161,000 $9,800 $151,200
2019 $4,956 $161,000 $9,800 $151,200
2018 $5,048 $134,000 $9,800 $124,200
2017 $5,686 $134,000 $9,800 $124,200
2016 $4,944 $121,000 $8,000 $113,000
2015 $4,944 $121,000 $8,000 $113,000
2014 $4,920 $108,000 $8,000 $100,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 608214

Des Moines Area Association of REALTORS®

APN: 030-01471000000