NOT LISTED FOR SALE

124 E Olinda Ave Des Moines, IA 50315

Indianola Hills Neighborhood

Estimated Value: $218,000 - $296,078

Studio
2 Baths
2,422 Sq Ft
$106/Sq Ft Est. Value

Sale Details

Date Sold: December 5, 2017

Last sale price $102,000 $42 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $1,593 / mo

46 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Bungalow
  • Wood Flooring
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of December 2017

Investment property opportunity in established South Side location. This duplex offers two 3-bedroom units, over 2400 square feet, a large fenced lot, and great tenant history. This home is located just minutes to downtown and within walking distance of I-Cubs games/farmer's market/the river/etc. Some features of the property include: Laundry both upstairs and down, new carpet, fresh paint, and a great layout. Please call an agent today for a private tour or more information.

Last Agent to Sell the Property

Cy Phillips

Space Simply Listed on: 10/20/2017

Last Buyer's Agent

Marco Miranda

Associated Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,768

Year Built

  • Built in 1913

Lot Details

  • 7,209 Sq Ft Lot
  • Lot Dimensions are 54x133

Parking

  • Driveway

Home Design

  • 2,422 Sq Ft Home
  • Bungalow
  • Brick Foundation
  • Block Foundation
  • Asphalt Shingled Roof
  • Stucco

Kitchen

  • 2 Kitchens
  • Stove
  • Microwave

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 01001364001000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,768

Year Built

Built in 1913

Lot Details

7,209 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Style: Bungalow
  • Lp Amt Sq Ft: 47.48
  • Sp Amt Sq Ft: 42.11
  • Termite: Call Listing Agent
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: 1st Flr Laundry, Cable TV, Carpeting, Hardwood Floors, See Remarks, Smoke Detector, Tile Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Third Floor Full Bathrooms: 2
  • Kitchens: 2
  • Laundry: Yes
  • Included Items: Dryer, Microwave, Refrigerator, See Remarks, Stove, Washer
  • Living Area Sq Ft: 2422
  • Total Sq Ft: 2422

Exterior Features

  • Exterior: See Remarks, Stucco
  • Foundation: Brick, Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Oak, Paint

Garage/Parking

  • Driveway: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Services: See Remarks

Association/Amenities

  • Amenities: See Remarks

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1650
  • Lot S F: 7209
  • Lot Shape: Regular
  • Lot Size: 54X133
  • Assessor Parcel Number: 01001364001000
  • Zoning: RES

Rental Info

  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Insurance Landlord, Insurance Tenant, Water Owner

Tax Info

  • Gross Taxes: 1768.00
  • Net Taxes: 1768.00
  • Tax Year: 2017

MLS Schools

  • School District: Des Moines Independent

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
Nov 22, 2021
Sold by
Bright Tumy Llc
Bought by
Current Estimated Value
$257,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,743
Outstanding Balance
$207,600
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$49,439

Purchase Details

Listed on
Oct 20, 2017
Closed on
Dec 5, 2017
Sold by
Yeager Kevin and Yeager Megan
Bought by
The Bright Tumy Llc
Seller's Agent
Cy Phillips
Space Simply
Buyer's Agent
Marco Miranda
Associated Realty
List Price
$115,000
Sold Price
$102,000
Premium/Discount to List
-$13,000
-11.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.14%

Purchase Details

Closed on
Sep 15, 2005
Sold by
Oneal Paul L and Oneal Bonnie L
Bought by
Yeager Kevin and Yeager Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,600
Interest Rate
6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 28, 2003
Sold by
Pasutti Robert M and Pasutti Sharon M
Bought by
Oneal Paul L and Oneal Bonnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 1, 1998
Sold by
Hofmann Michael A
Bought by
Lett Stacie L
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Indianola Hills, IA

  • Jerilyn Kendig Real Estate Agent - RE/MAX Precision

    Jerilyn Kendig

    RE/MAX Precision

    (515) 444-5690

    33 Total Sales

    1 in Indianola Hills

    $193,000 Price

    Jerilyn Kendig
     Section Image
  • Brooklin Griffis Real Estate Agent - RE/MAX Precision

    Brooklin Griffis

    RE/MAX Precision

    (515) 478-8987

    60 Total Sales

    3 in Indianola Hills

    $29K - $210K Price Range

    Brooklin Griffis
     Section Image
  • Cindy Miller Real Estate Agent - Keller Williams Realty GDM

    Cindy Miller

    Keller Williams Realty GDM

    (515) 305-3021

    42 Total Sales

    1 in Indianola Hills

    $165,000 Price

    Cindy Miller
     Section Image
  • Dustin Kupka Real Estate Agent - RE/MAX Precision

    Dustin Kupka

    RE/MAX Precision

    (515) 400-4115

    210 Total Sales

    1 in Indianola Hills

    $625,000 Price

    Dustin Kupka
     Section Image
  • Kayla McCormick Real Estate Agent - EXP Realty, LLC

    Kayla McCormick

    EXP Realty, LLC

    (712) 589-5583

    84 Total Sales

    1 in Indianola Hills

    $157,000 Price

    Kayla McCormick
     Section Image
  • Roger Wheeler Real Estate Agent - CENTURY 21 SIGNATURE-Ames

    Roger Wheeler

    CENTURY 21 SIGNATURE-Ames

    (515) 461-6831

    326 Total Sales

    1 in Indianola Hills

    $199,900 Price

    Roger Wheeler
     Section Image
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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
$235,000 None Listed On Document
The Bright Tumy Llc $102,000 None Available
Yeager Kevin $96,500 --
Oneal Paul L $67,000 --
Lett Stacie L $70,000 --
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
Open $230,743
Previous Owner The Bright Tumy Llc $110,000
Previous Owner Yeager Kevin $77,600
Previous Owner Oneal Paul L $67,500
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
12/05/2017 12/05/17 Sold $102,000 -11.3% $42 / Sq Ft
11/05/2017 11/05/17 Pending -- -- --
10/20/2017 10/20/17 For Sale $115,000 -- $47 / 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 $2,184 $132,400 $22,900 $109,500
2024 $2,184 $121,500 $20,900 $100,600
2023 $1,986 $121,500 $20,900 $100,600
2022 $2,178 $93,100 $17,000 $76,100
2021 $2,018 $93,100 $17,000 $76,100
2020 $2,098 $80,900 $14,800 $66,100
2019 $1,914 $80,900 $14,800 $66,100
2018 $1,894 $71,200 $13,300 $57,900
2017 $1,768 $71,200 $13,300 $57,900
2016 $1,724 $65,400 $12,100 $53,300
2015 $1,724 $65,400 $12,100 $53,300
2014 $1,680 $65,600 $12,100 $53,500
Source: Public Records

Agents Affiliated with this Home

  • Cy Phillips Real Estate Agent - Space Simply

    Seller's Agent in 2017

    Cy Phillips

    Space Simply

    (515) 423-0899

    7 in this area

    480 Total Sales

    Cy Phillips
    Section Image

  • MM

    Buyer's Agent in 2017

    Marco Miranda

    Associated Realty

    (651) 216-1044

    1 in this area

    8 Total Sales

    Marco Miranda
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 549981

Des Moines Area Association of REALTORS®

APN: 010-01364001000

Iowa Polk County Des Moines 50315 Indianola Hills

124 E Olinda Ave, Des Moines, IA

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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