$102,000
SOLD DEC 5, 2017

124 E Olinda Ave Des Moines, IA 50315

Indianola Hills Neighborhood
-- Bed
2 Baths
2,422 Sq Ft
7,209 Sq Ft Lot

Recently Sold

$42 Per Sq Ft

11% Below List Price

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

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

0

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
  • Sq Ft Bsmt: 1151
  • Sq Ft Fin Bsmt: 1151
  • 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

Schools

  • School District: Des Moines Independent

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

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2021
Sold by
The Bright Tumy Llc
Bought by
James Antoinette

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
$214,236
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$9,820

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
10.94%

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

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
10.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $235,000 None Available
Warranty Deed $102,000 None Available
Warranty Deed $96,500 --
Warranty Deed $67,000 --
Contract Of Sale $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $230,743 FHA
Previous Owner $110,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $77,600 Commercial
Previous Owner $67,500 Credit Line Revolving
Previous Owner $67,500 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2025 05/21/25 For Sale $255,000 +150.0% $105 / 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 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 $2,184 $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

  • Misty Darling

    Seller's Agent in 2025

    Misty Darling

    BH&G Real Estate Innovations

    (515) 414-0059

    21 in this area

    1,889 Total Sales

    Misty Darling
    Section Image

  • S

    Seller Co-Listing Agent in 2025

    Samantha Hammer

    BH&G Real Estate Innovations

    (515) 478-3664

    2 Total Sales

    Samantha Hammer
    Section Image
  • Cy Phillips

    Seller's Agent in 2017

    Cy Phillips

    Space Simply

    (515) 423-0899

    6 in this area

    597 Total Sales

    Cy Phillips
    Section Image

  • M

    Buyer's Agent in 2017

    Marco Miranda

    Associated Realty

    (651) 216-1044

    1 in this area

    11 Total Sales

    Marco Miranda
    Section Image
See All Agents

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

This home is located at 124 E Olinda Ave, Des Moines, IA 50315 and is currently priced at $102,000, approximately $42 per square foot. This property was built in 1913. 124 E Olinda Ave is a home located in Polk County with nearby schools including McKinley Elementary School, Weeks Middle School, and Lincoln High School.

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.

Nearby Homes