NOT LISTED FOR SALE

1127 21st St Des Moines, IA 50311

Drake Neighborhood

Estimated Value: $175,030 - $202,000

-- Bed
5 Baths
2,002 Sq Ft
$94/Sq Ft Est. Value

Last Sold December 30, 2021

Last sale price $150,000 $75 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,337/month

93 Days on Market

Highlights

  • 4 Kitchens
  • Laundry Room
  • Carpet
  • No HOA
  • Forced Air Heating System

About This Home

As of December 2021

Great income opportunity near Drake. Fully rented 4 unit brings in over $2,600 per month and consists of 1 - 2 bedroom/2 bathroom unit and 3 - 1 bedroom/1 bathroom units. Also has coin-op laundry and 2 car detached garage that can be rented separately for additional income. Plenty of off-street parking and bonus of fenced yard. Unit 3 was fully remodeled Summer 2021. One long-term tenant (over 14 years.)

Last Agent to Sell the Property

Michael Counts

RE/MAX Revolution Listed on: 09/28/2021

RE/MAX Revolution

Last Buyer's Agent

Michael Counts

RE/MAX Revolution Listed on: 09/28/2021

RE/MAX Revolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,464

Year Built

  • Built in 1910

Lot Details

  • 8,500 Sq Ft Lot
  • Lot Dimensions are 68x125

Home Design

  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 2,002 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • 4 Kitchens
  • Stove

Flooring

  • Carpet
  • Vinyl

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 03000775000000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $2,625

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,464

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 97.40
  • Sp Amt Sq Ft: 74.93
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 4
  • Stoves Total: 4
  • Interior Amenities: Carpeting, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • First Floor Full Bathrooms: 3
  • Second Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Basement Description: Finished, Walkout
  • Sq Ft Bsmt: 704
  • Kitchens: 4
  • Laundry: Yes
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 2002
  • Partial Bathrooms: 1
  • Total Sq Ft: 2002

Exterior Features

  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Sidewalk: y
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: See Remarks, Window Unit
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1950
  • Lot S F: 8500
  • Lot Size: 68X125
  • Assessor Parcel Number: 03000775000000
  • Zoning: R1-60

Rental Info

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

Tax Info

  • Gross Taxes: 3464.00
  • Net Taxes: 3464.00

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2021
Closed on
Dec 28, 2021
Sold by
21St Properties Llc
Bought by
Sun Hua and Li Ying
Seller's Agent
Michael Counts
RE/MAX Revolution
Buyer's Agent
Michael Counts
RE/MAX Revolution
List Price
$200,000
Sold Price
$150,000
Premium/Discount to List
-$50,000
-25%
Current Estimated Value
$188,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,515
Avg. Annual Appreciation
6.38%
Original Mortgage
$112,500
Interest Rate
2.39%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2016
Closed on
Mar 29, 2017
Sold by
Rotich Peter K
Bought by
21St Properties Llc
Seller's Agent
Joel Conner
Realty ONE Group Impact
Buyer's Agent
Tom Casey
Key Realty
List Price
$95,000
Sold Price
$86,750
Premium/Discount to List
-$8,250
-8.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.17%
Original Mortgage
$69,400
Interest Rate
4.16%
Mortgage Type
Commercial

Purchase Details

Listed on
Sep 9, 2016
Closed on
Mar 24, 2017
Sold by
Dm Apts I Llc
Bought by
Rotich Peter K
Seller's Agent
Joel Conner
Realty ONE Group Impact
Buyer's Agent
Tom Casey
Key Realty
List Price
$95,000
Sold Price
$86,750
Premium/Discount to List
-$8,250
-8.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,400
Interest Rate
4.16%
Mortgage Type
Commercial
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 Buyer Sale Price Title Company
Sun Hua $150,000 None Available
21St Properties Llc -- None Available
Rotich Peter K $87,375 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Professor Holdings Llc $80,000
Closed Professor Holdings Llc $2,000
Closed Sun Hua $112,500
Previous Owner Rotich Peter K $69,400
Previous Owner Lehs Beverly K $54,000
Previous Owner Leus Kent $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 Pending -- -- --
12/30/2021 12/30/21 Sold $150,000 -23.1% $75 / Sq Ft
11/03/2021 11/03/21 Price Changed $195,000 -2.5% $97 / Sq Ft
09/28/2021 09/28/21 For Sale $200,000 +130.5% $100 / Sq Ft
03/24/2017 03/24/17 Sold $86,750 -8.7% $43 / Sq Ft
02/23/2017 02/23/17 Pending -- -- --
09/09/2016 09/09/16 For Sale $95,000 -- $47 / 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 $3,442 $175,000 $15,300 $159,700
2023 $3,346 $175,000 $15,300 $159,700
2022 $3,912 $142,000 $12,800 $129,200
2021 $3,464 $142,000 $12,800 $129,200
2020 $3,890 $116,000 $11,600 $104,400
2019 $3,400 $116,000 $11,600 $104,400
2018 $3,616 $96,000 $11,600 $84,400
2017 $3,390 $96,000 $11,600 $84,400
2016 $3,534 $86,500 $9,700 $76,800
2015 $3,534 $86,500 $9,700 $76,800
2014 $3,444 $77,000 $9,700 $67,300
Source: Public Records

Agents Affiliated with this Home

  • Michael Counts

    Seller's Agent in 2021

    Michael Counts

    RE/MAX Revolution

    (515) 771-6453

    3 in this area

    97 Total Sales

    Michael Counts
    Section Image
  • Joel Conner

    Seller's Agent in 2017

    Joel Conner

    Realty ONE Group Impact

    (515) 205-6388

    2 in this area

    56 Total Sales

    Joel Conner
    Section Image
  • Matt Connolly

    Seller Co-Listing Agent in 2017

    Matt Connolly

    Iowa Realty Beaverdale

    (515) 975-9600

    30 Total Sales

    Matt Connolly
    Section Image
  • Tom Casey

    Buyer's Agent in 2017

    Tom Casey

    Key Realty

    (515) 222-0408

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 638517

Des Moines Area Association of REALTORS®

APN: 030-00775000000

Iowa Polk County Des Moines 50311 Drake

1127 21st St, Des Moines, IA

This home is located at 1127 21st St, Des Moines, IA 50311 since 28 September 2021 and is currently estimated at $188,515, approximately $94 per square foot. This property was built in 1910. 1127 21st St is a home located in Polk County with nearby schools including 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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