NOT LISTED FOR SALE

1132 18th St Des Moines, IA 50314

Cheatom Park Neighborhood

Estimated Value: $161,796 - $268,000

6 Beds
2 Baths
2,800 Sq Ft
$77/Sq Ft Est. Value

Last Sold February 27, 2015

Last sale price $29,000 $10 Per Sq Ft

Est. 646% increase in value since last sale

Current estimated payment $1,285/month

127 Days on Market

About This Home

As of February 2015

Home is great opportunity for the investor. Needs TLC, but priced accordingly.

Last Agent to Sell the Property

Eric Quiner

Realty ONE Group Impact Listed on: 10/23/2014

Realty ONE Group Impact

Last Buyer's Agent

Kevin Randleman

Iowa Realty South

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 8,316 Sq Ft Lot
  • Lot Dimensions are 66 x 126

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • 2 Kitchens

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 03000150004000

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 4.00
  • Sp Amt Sq Ft: 3.00
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Kitchens: 2

Exterior Features

  • Exterior: Brick

Lot Info

  • Acres: 0.1910
  • Lot S F: 8316
  • Lot Size: 66 X 126
  • Assessor Parcel Number: 03000150004000
  • Zoning: R-3

Tax Info

  • Gross Taxes: 2130.00
  • Net Taxes: 2130.00
  • Assessor Parcel Number: 113218THSTPOLKDESMOINE50314
  • Tax Year: 2014

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2014
Closed on
Feb 26, 2015
Sold by
Crescent City Partners Llc
Bought by
Ortiz Eutimio
Seller's Agent
Eric Quiner
Realty ONE Group Impact
Buyer's Agent
Kevin Randleman
Iowa Realty South
List Price
$45,000
Sold Price
$29,000
Premium/Discount to List
-$16,000
-35.56%
Current Estimated Value
$216,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,199
Avg. Annual Appreciation
20.70%

Purchase Details

Closed on
Oct 28, 2014
Sold by
Ortiz Carmen
Bought by
Crescent City Partners Llc

Purchase Details

Closed on
Sep 12, 2005
Sold by
Pharohe Enterprises International Llc
Bought by
Ortiz Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 2001
Sold by
Akpan Augustine K and Clement Inie C
Bought by
Pharohe Enterprises Intl Llc

Purchase Details

Closed on
Mar 11, 1998
Sold by
Stewart Clarke H and Stewart Pamyla J
Bought by
Akpan Augustine K and Clement Inie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Interest Rate
7.23%
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
Ortiz Eutimio $29,000 None Available
Crescent City Partners Llc -- None Available
Ortiz Carmen $100,000 --
Pharohe Enterprises Intl Llc $54,500 --
Akpan Augustine K $54,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortiz Carmen $98,000
Previous Owner Akpan Augustine K $45,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2015 02/27/15 Sold $29,000 -35.6% $10 / Sq Ft
02/27/2015 02/27/15 Pending -- -- --
10/23/2014 10/23/14 For Sale $45,000 -- $16 / 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
2025 $1,764 $104,700 $14,900 $89,800
2024 $1,764 $89,700 $12,700 $77,000
2023 $1,516 $89,700 $12,700 $77,000
2022 $1,504 $64,300 $9,700 $54,600
2021 $1,418 $64,300 $9,700 $54,600
2020 $1,509 $56,800 $8,600 $48,200
2019 $868 $56,800 $8,600 $48,200
2018 $860 $32,300 $7,700 $24,600
2017 $880 $32,300 $7,700 $24,600
2016 $856 $32,500 $7,700 $24,800
2015 $856 $32,500 $7,700 $24,800
2014 $2,210 $83,200 $8,200 $75,000
Source: Public Records

Agents Affiliated with this Home

  • Eric Quiner

    Seller's Agent in 2015

    Eric Quiner

    Realty ONE Group Impact

    (515) 710-5468

    1 in this area

    224 Total Sales

    Eric Quiner
    Section Image

  • K

    Buyer's Agent in 2015

    Kevin Randleman

    Iowa Realty South

See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 444865

Des Moines Area Association of REALTORS®

APN: 030-00150004000

Iowa Polk County Des Moines 50314 Cheatom Park

1132 18th St, Des Moines, IA

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