$64,000
SOLD MAR 29, 2013
-- Bed
1 Bath
2,514 Sq Ft
6,288 Sq Ft Lot

Recently Sold

$25 Per Sq Ft

16% Below List Price

360 Days on Market

Highlights

  • 3 Kitchens
  • Forced Air Heating System
  • 5-minute walk to Drake Park

About This Home

As of October 2024

Nice 3-plex near Drake University. Fully leased with one large 2-bedroom unit, one 1-bedroom unit, and one studio apartment. Individually metered electric with central heating. Recently inspected by City of Des Moines with a renewed rental certificate. Gross rent of $1305.00 monthly with potential for increases.

Last Agent to Sell the Property

Andrew Westlake

Peoples Company Listed on: 03/06/2012

Co-Listed By

Bradley VanWeelden

Peoples Company

Last Buyer's Agent

Kelly Schall

Realty ONE Group Impact

Realty ONE Group Impact

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Home Design

  • Metal Siding

Interior Spaces

  • 1 Full Bathroom
  • 2-Story Property
  • 3 Kitchens

Additional Features

  • 6,288 Sq Ft Lot
  • Forced Air Heating System

Community Details

  • 3 Units
  • Gross Income $1,305

Listing and Financial Details

  • Assessor Parcel Number 03001481000000

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 11.00
  • Sp Amt Sq Ft: 10.00
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Full Bathrooms: 1
  • Full Bathrooms: 1
  • Full Bathrooms: 1
  • Kitchens: 3

Exterior Features

  • Exterior: Metal Siding

Utilities

  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Manager: Yes

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1440
  • Lot S F: 6288
  • Assessor Parcel Number: 03001481000000
  • Zoning: res

Tax Info

  • Gross Taxes: 2908.00
  • Net Taxes: 2908.00
  • Assessor Parcel Number: 114823RDSTPOLKDESMOINE50311

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2024
Closed on
Sep 30, 2024
Sold by
Taylor Mark and Taylor Kathryn
Bought by
Baker Tyler
Seller's Agent
Devon Green
RE/MAX Concepts
Buyer's Agent
Kelley Kinser
CDM Real Estate Services
List Price
$170,000
Sold Price
$140,050
Premium/Discount to List
-$29,950
-17.62%
Views
35
Current Estimated Value
$137,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,986
Avg. Annual Appreciation
-3.03%

Purchase Details

Listed on
Mar 6, 2012
Closed on
Feb 27, 2013
Sold by
Bvi Real Estate Llc
Bought by
Taylor Mark
Seller's Agent
Andrew Westlake
Peoples Company
Buyer's Agent
Kelly Schall
Realty ONE Group Impact
List Price
$75,900
Sold Price
$64,000
Premium/Discount to List
-$11,900
-15.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.02%
Original Mortgage
$48,000
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
May 9, 2007
Sold by
Smith Kevin M and Smith Jill K
Bought by
Critelli 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
$63,750
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 26, 2004
Sold by
New Life Center
Bought by
Smith Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,470
Interest Rate
5.46%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $140,500 None Listed On Document
Warranty Deed $64,000 None Available
Warranty Deed $74,500 None Available
Corporate Deed $68,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $48,000 Commercial
Previous Owner $63,750 Commercial
Previous Owner $61,470 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2024 10/09/24 Sold $140,050 -3.4% $56 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/05/2024 08/05/24 Price Changed $145,000 -6.5% $58 / Sq Ft
07/24/2024 07/24/24 Price Changed $155,000 -8.8% $62 / Sq Ft
07/19/2024 07/19/24 For Sale $170,000 +165.6% $68 / Sq Ft
03/29/2013 03/29/13 Sold $64,000 -15.7% $25 / Sq Ft
03/01/2013 03/01/13 Pending -- -- --
03/06/2012 03/06/12 For Sale $75,900 -- $30 / 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 $2,774 $141,000 $11,300 $129,700
2023 $2,710 $141,000 $11,300 $129,700
2022 $3,168 $115,000 $9,500 $105,500
2021 $2,804 $115,000 $9,500 $105,500
2020 $3,150 $93,900 $8,600 $85,300
2019 $2,762 $93,900 $8,600 $85,300
2018 $2,938 $78,000 $8,600 $69,400
2017 $2,762 $78,000 $8,600 $69,400
2016 $2,880 $70,500 $7,000 $63,500
2015 $2,880 $70,500 $7,000 $63,500
2014 $2,794 $62,500 $7,000 $55,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 397102

Des Moines Area Association of REALTORS®

APN: 030-01481000000