Darson Grantham
Keller Williams Realty GDM
(641) 247-4098
237 Total Sales
25 in Drake
$105K - $582K Price Range
1245 34th St Des Moines, IA 50311
Drake NeighborhoodEstimated Value: $444,000 - $487,949
8
Beds
1.5
Baths
4,131
Sq Ft
$113/Sq Ft
Est. Value
Highlights
- 0.58 Acre Lot
- No HOA
- Central Air
- 1 Fireplace
About This Home
As of January 2026The historic Phi Delta Theta House on 34th Street in the heart of the Drake Neighborhood. This is a rare opportunity to own a recognizable piece of Des Moines history with outstanding investment potential. Offering over 5,000 finished square feet across three stories plus a basement, the property is currently configured with large, dorm-style bedrooms designed to accommodate multiple beds per room, similar to a group home or fraternity layout.Significant updates have been completed in recent years including mechanical improvements, interior finish upgrades, exterior work, and flatwork. The property is zoned NX2, allowing for multifamily, group living, and even certain single-household uses. This flexible zoning opens the door for a wide range of possibilities: continue the current setup, reconfigure for modern apartments, add additional structures, or pursue an entirely new concept. Bring your vision. Bring your imagination. Opportunities like this do not come to market often.
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,056
Year Built
- Built in 1916
Lot Details
- 25,273 Sq Ft Lot
- Lot Dimensions are 85x297.22
- Property is zoned NX2
Parking
- Driveway
Home Design
- Brick Exterior Construction
- Brick Foundation
- Asphalt Shingled Roof
Interior Spaces
- 4,131 Sq Ft Home
- 3-Story Property
- 1 Fireplace
- Finished Basement
Kitchen
- Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 8 Bedrooms
Laundry
- Dryer
- Washer
Utilities
- Central Air
- Heat Pump System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 10010357000000
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
Listed on
Nov 12, 2025
Closed on
Jan 23, 2026
Sold by
Bought by
Seller's Agent
Eric Quiner
Realty ONE Group Impact
Buyer's Agent
David Lake
RE/MAX Precision
List Price
$500,000
Sold Price
$475,000
Premium/Discount to List
-$25,000
-5%
Views
34
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,020
Avg. Annual Appreciation
-3.20%
Original Mortgage
$356,250
Outstanding Balance
$351,998
Interest Rate
1%
Mortgage Type
New Conventional
Estimated Equity
$113,977
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Drake, IA
-
Darson Grantham
-
Angela Veatch
Angela Veatch
RE/MAX Revolution
(515) 489-4285
46 Total Sales
1 in Drake
$250,000 Price
-
James Horstman
James Horstman
Hunziker & Associates, Inc.
(515) 305-3017
169 Total Sales
2 in Drake
$212,500 Price Range
-
Susie Sheldahl
Susie Sheldahl
Realty One Group Impact
(515) 461-8610
274 Total Sales
2 in Drake
$100K - $143K Price Range
-
Joe Hand
Joe Hand
Keller Williams Realty GDM
(515) 393-6717
69 Total Sales
2 in Drake
$176K - $255K Price Range
-
Maria Torres
Maria Torres
Responds QuicklyIowa Realty Mills Crossing
(515) 400-0263
161 Total Sales
13 in Drake
$120K - $475K Price Range
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 |
|---|---|---|---|
| $475,000 | None Listed On Document |
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 | $356,250 | ||
| Previous Owner | $200,000 |
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 |
|---|---|---|---|---|
| 01/23/2026 01/23/26 | Sold | $475,000 | -5.0% | $115 / Sq Ft |
| 12/01/2025 12/01/25 | Pending | -- | -- | -- |
| 11/12/2025 11/12/25 | For Sale | $500,000 | -- | $121 / 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 | $6,826 | $375,000 | $91,100 | $283,900 |
| 2024 | $6,826 | $347,000 | $79,900 | $267,100 |
| 2023 | $6,646 | $347,000 | $79,900 | $267,100 |
| 2022 | $7,089 | $282,000 | $66,900 | $215,100 |
| 2021 | $7,785 | $282,000 | $66,900 | $215,100 |
| 2020 | $6,513 | $231,000 | $60,800 | $170,200 |
| 2019 | $5,160 | $231,000 | $60,800 | $170,200 |
| 2018 | $5,108 | $192,000 | $60,800 | $131,200 |
| 2017 | $4,680 | $192,000 | $60,800 | $131,200 |
| 2016 | $4,558 | $173,000 | $51,000 | $122,000 |
| 2015 | $4,558 | $173,000 | $51,000 | $122,000 |
| 2014 | $4,148 | $162,000 | $51,000 | $111,000 |
Source: Public Records
Agents Affiliated with this Home
-
Eric Quiner
Seller's Agent in 2026
Eric Quiner
Realty ONE Group Impact
(515) 710-5468
27 in this area
225 Total Sales
-
David Lake
DL
Buyer's Agent in 2026
David Lake
RE/MAX
(515) 419-0493
1 in this area
96 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 730340
APN: 100-10357000000
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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