Angela Veatch
RE/MAX Revolution
(515) 489-4285
45 Total Sales
1 in Drake
$250,000 Price
1241 33rd St Des Moines, IA 50311
Drake Neighborhood
Studio
12
Baths
6,836
Sq Ft
--
Built
About This Home
As of December 2024The Drake Residences are a 6 unit condo platted community located within the campus of Drake University. This premier turnkey student housing opportunity includes a single family house with five large townhomes, each comprised of 3 Bedrooms and 2 Bathrooms with in-unit laundry. This cash-flowing asset features professionally designed units in a superb location. All units have been fully updated with modern finishes - including quartz countertops, shaker cabinets, and stainless steel appliances. Electrical, plumbing, windows, and most HVAC units are newer. Each residence has separate gas and electric meters that are paid by the residents, along with a flat rate common utility billing program for water/sewer/trash/landscaping. Easy to self manage and transfer on its current platform. Currently priced at an actual 8 cap based on continued self management.
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Property Details
Home Type
- Apartment
Est. Annual Taxes
- $5,424
Home Design
- 6,836 Sq Ft Home
- Brick Exterior Construction
- Slab Foundation
- Poured Concrete
- Metal Siding
Additional Features
- 12 Full Bathrooms
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 100/04204-101-000
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Drake, IA
-
Angela Veatch
-
James Horstman
James Horstman
Hunziker & Associates, Inc.
(515) 305-3017
171 Total Sales
2 in Drake
$212,500 Price Range
-
Susie Sheldahl
Susie Sheldahl
Realty One Group Impact
(515) 461-8610
275 Total Sales
2 in Drake
$100K - $143K Price Range
-
Joe Hand
Joe Hand
Keller Williams Realty GDM
(515) 393-6717
68 Total Sales
2 in Drake
$176K - $255K Price Range
-
Maria Torres
Maria Torres
Responds QuicklyIowa Realty Mills Crossing
(515) 400-0263
162 Total Sales
13 in Drake
$120K - $475K Price Range
-
Kevin Holmes
Kevin Holmes
Weichert, Miller & Clark
(515) 715-4181
50 Total Sales
1 in Drake
$165,000 Price
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 |
|---|---|---|---|---|
| 12/20/2024 12/20/24 | Sold | $1,120,000 | -6.7% | $164 / Sq Ft |
| 10/31/2024 10/31/24 | Pending | -- | -- | -- |
| 08/02/2024 08/02/24 | For Sale | $1,200,000 | -- | $176 / 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 | $16,448 | $822,412 | ||
| 2024 | $16,448 | $842,685 | ||
| 2023 | $15,831 | $766,077 | $235,560 | $659,426 |
| 2022 | $13,900 | $696,434 | $0 | $0 |
| 2021 | $8,292 | $439,230 | $0 | $0 |
| 2020 | $8,200 | $433,166 | $0 | $0 |
| 2019 | $8,095 | $423,427 | $0 | $0 |
| 2018 | $7,721 | $415,532 | $0 | $0 |
| 2017 | $7,639 | $406,985 | $0 | $0 |
| 2016 | $7,647 | $398,614 | $0 | $0 |
| 2015 | $7,821 | $395,843 | $0 | $0 |
| 2014 | $7,852 | $392,701 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Hagel
Seller's Agent in 2024
Jeffrey Hagel
Jeff Hagel Real Estate
(952) 395-2799
1 in this area
340 Total Sales
-
Emma Jordison
Buyer's Agent in 2024
Emma Jordison
Century 21 Signature
(515) 314-2570
4 in this area
88 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 700351
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.
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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