1240 32nd St Des Moines, IA 50311
Drake NeighborhoodEstimated payment $2,324/month
Total Views
6,362
--
Bed
4
Baths
2,492
Sq Ft
$136
Price per Sq Ft
Highlights
- 4 Kitchens
- No HOA
- Forced Air Heating and Cooling System
About This Home
Great unit for sale right next to Drake. This 4-plex features 2, 2 bed/1 bath units and 2 1 bed/1 bath units. Tenants pay gas and electric, landlord pays water. Each unit has its own furnace. One unit has central A/C, the other 3 have window A/C. New water line and sewer line. Some units have new LVP, fresh paint and new toilets.
All information obtained from seller and public records.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,662
Year Built
- Built in 1915
Parking
- Driveway
Home Design
- 2,492 Sq Ft Home
- Brick Exterior Construction
- Brick Foundation
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
Additional Features
- 4 Kitchens
- 0.29 Acre Lot
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 10010342001000
Map
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Home Values in the Area
Average Home Value in this Area
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 | $5,468 | $278,000 | $40,700 | $237,300 |
| 2023 | $5,326 | $278,000 | $40,700 | $237,300 |
| 2022 | $6,226 | $226,000 | $34,100 | $191,900 |
| 2021 | $6,360 | $226,000 | $34,100 | $191,900 |
| 2020 | $7,144 | $213,000 | $31,000 | $182,000 |
| 2019 | $6,268 | $213,000 | $31,000 | $182,000 |
| 2018 | $6,666 | $177,000 | $31,000 | $146,000 |
| 2017 | $6,600 | $177,000 | $31,000 | $146,000 |
| 2016 | $7,150 | $168,400 | $26,000 | $142,400 |
| 2015 | $7,150 | $175,000 | $26,000 | $149,000 |
| 2014 | $6,694 | $156,000 | $26,000 | $130,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | Price Changed | $339,900 | -4.3% | $136 / Sq Ft |
| 06/20/2025 06/20/25 | Price Changed | $355,000 | -2.7% | $142 / Sq Ft |
| 06/02/2025 06/02/25 | For Sale | $364,900 | +82.5% | $146 / Sq Ft |
| 03/30/2020 03/30/20 | Sold | $200,000 | -20.0% | $80 / Sq Ft |
| 02/11/2020 02/11/20 | Pending | -- | -- | -- |
| 09/30/2019 09/30/19 | For Sale | $250,000 | +31.6% | $100 / Sq Ft |
| 01/31/2014 01/31/14 | Pending | -- | -- | -- |
| 04/11/2013 04/11/13 | For Sale | $189,900 | +7.3% | $76 / Sq Ft |
| 01/29/2013 01/29/13 | Sold | $177,000 | -- | $71 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | Dentons Davis Brown Pc | |
| Warranty Deed | $290,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $177,000 | None Available | |
| Warranty Deed | $169,500 | None Available | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $142,500 | -- | |
| Interfamily Deed Transfer | $94,500 | -- | |
| Warranty Deed | $94,500 | -- | |
| Interfamily Deed Transfer | $95,000 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $240,000 | New Conventional | |
| Previous Owner | $217,500 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $135,000 | Credit Line Revolving | |
| Previous Owner | $123,900 | Commercial | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $128,000 | Commercial | |
| Previous Owner | $114,160 | Commercial | |
| Previous Owner | $95,000 | Seller Take Back | |
| Closed | $14,270 | No Value Available | |
| Closed | $16,000 | No Value Available |
Source: Public Records
Similar Homes in Des Moines, IA
Source: Des Moines Area Association of REALTORS®
MLS Number: 719397
APN: 100-10342001000
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