NOT LISTED FOR SALE

1215 18th St Perry, IA 50220

Studio
8 Baths
2,640 Sq Ft
0.34 Acre Lot

Sale Details

Date Sold: December 29, 2017

Last sale price $177,500 $67 Per Sq Ft

31 Days on Market

Highlights

  • 8 Kitchens
  • Laundry Room
  • Hot Water Heating System
  • No HOA
  • Storage
  • Carpet

About This Home

As of December 2017

Excellent 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!

Last Agent to Sell the Property

Adam Bugbee

Real Broker, LLC Listed on: 11/28/2017

Co-Listed By

Ashley Platt

Keller Williams Realty GDM

Last Buyer's Agent

Adam Bugbee

Real Broker, LLC Listed on: 11/28/2017

Property Details

Home Type

  • Multi-Family

Lot Details

  • 14,700 Sq Ft 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

Property Details

Home Type

Multi-Family

Lot Details

0.34 Acres

Listing Details

  • Property Type: Multi-Family
  • Style: Split Foyer
  • Lp Amt Sq Ft: 64.02
  • Sp Amt Sq Ft: 67.23
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 8
  • Stoves Total: 8
  • Interior Amenities: 2nd Flr Laundry, Carpeting, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Second Floor Full Bathrooms: 8
  • Basement Description: Finished
  • Kitchens: 8
  • Laundry: Yes
  • Storage: Yes
  • Included Items: Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 2640
  • Total Sq Ft: 2640

Exterior Features

  • Exterior: Brick
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Asphalt
  • Off Street Parking: Yes

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window
  • Heat: Hot Water
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Total Expense: 1571

Lot Info

  • Acres: 0.3400
  • Lot S F: 14700
  • Assessor Parcel Number: 0211306003
  • Zoning: Resid

Rental Info

  • Furnished: No
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Owner, Electric Tenant, Gas Owner, Insurance Tenant, Taxes Owner, Water Owner

Tax Info

  • Gross Taxes: 5864.00
  • Net Taxes: 5864.00
  • Tax Year: 2017

MLS Schools

  • School District: Perry

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2025
Sold by
Bought by

Purchase Details

Closed on
Jul 17, 2020
Sold by
Bought by

Purchase Details

Closed on
Aug 12, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
0.0458%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$440,000 None Listed On Document
$280,000 None Available
$125,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 551753

Des Moines Area Association of REALTORS®

APN: 000000211306003

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