Seller's Agent in 2017
Adam Bugbee
Real Broker, LLC
(515) 443-3800
23 in this area
238 Total Sales
Studio
8
Baths
2,640
Sq Ft
0.34
Acres
Highlights
- 8 Kitchens
- Laundry Room
- Hot Water Heating System
- No HOA
- Storage
- Carpet
About This Home
As of December 2017Excellent investment opportunity awaits you with this brick 8-plex! This split-foyer style building has 8 units with 2 bedrooms in each. Conveniently located on the corner of Lucinda and 18th St. across from Perry High School. Currently occupied and generating a profitable return. Some minor TLC would make this investment profitable for years to come. If you re looking for cash flow, don t delay!
Property Details
Home Type
- Multi-Family
Lot Details
- 0.34 Acre Lot
Parking
- Driveway
Home Design
- Split Foyer
- Brick Exterior Construction
- Brick Foundation
- Asphalt Shingled Roof
Interior Spaces
- 8 Full Bathrooms
- 2,640 Sq Ft Home
- Storage
- Fire and Smoke Detector
- Finished Basement
Kitchen
- 8 Kitchens
- Stove
Flooring
- Carpet
- Vinyl
Laundry
- Laundry Room
- Laundry on upper level
- Dryer
- Washer
Utilities
- Window Unit Cooling System
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 0211306003
Community Details
Overview
- No Home Owners Association
Building Details
- Operating Expense $1,571
- Gross Income $4,235
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/29/2017 12/29/17 | Sold | $177,500 | +5.0% | $67 / Sq Ft |
| 12/29/2017 12/29/17 | Pending | -- | -- | -- |
| 11/28/2017 11/28/17 | For Sale | $169,000 | -- | $64 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
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 | $5,962 | $414,190 | $48,000 | $366,190 |
| 2024 | $6,210 | $310,110 | $48,000 | $262,110 |
| 2023 | $6,210 | $310,110 | $48,000 | $262,110 |
| 2022 | $6,927 | $273,630 | $48,000 | $225,630 |
| 2021 | $6,672 | $248,960 | $48,000 | $200,960 |
| 2020 | $5,856 | $205,950 | $48,000 | $157,950 |
| 2019 | $6,240 | $188,610 | $48,000 | $140,610 |
| 2018 | $6,240 | $188,420 | $48,000 | $140,420 |
| 2017 | $5,898 | $165,770 | $22,050 | $143,720 |
| 2016 | $5,864 | $158,470 | $14,700 | $143,770 |
| 2015 | $4,276 | $115,240 | $0 | $0 |
| 2014 | $4,276 | $115,240 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Adam Bugbee
-
Ashley Platt
Seller Co-Listing Agent in 2017
Ashley Platt
Keller Williams Realty GDM
(515) 223-9492
25 in this area
89 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 551753
APN: 000000211306003
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