NOT LISTED FOR SALE

1311 E 9th St Des Moines, IA 50316

Capitol Park Neighborhood

Estimated Value: $200,000 - $219,527

-- Bed
4.5 Baths
2,531 Sq Ft
$83/Sq Ft Est. Value

Last Sold October 31, 2022

Last sale price $195,000 $77 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,406/month

180 Days on Market

Highlights

  • 4 Kitchens
  • Hot Water Heating System
  • Asbestos
  • No HOA

About This Home

As of October 2022

Rental Property for sale. This is a fourplex with two one bedroom units, one two bedroom unit, and one studio. The monthly rents are $680, $675, $625, and $550. Tenants pay all utilities. Water is billed to the landlord and then split out to the tenants. This is close to the freeway, downtown, schools, and much more.

Last Agent to Sell the Property

Ryan Lynch

Keller Williams Realty GDM Listed on: 04/07/2022

Keller Williams Realty GDM

Last Buyer's Agent

Shonna Murrey

Epique Realty

Epique Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,691

Year Built

  • Built in 1886

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 75x194

Home Design

  • Brick Foundation
  • Asbestos

Interior Spaces

  • 2,531 Sq Ft Home
  • 2-Story Property
  • 4 Kitchens
  • Unfinished Basement

Utilities

  • No Cooling
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 11001284000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,691

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 84.95
  • Sp Amt Sq Ft: 77.04
  • Year Built: 1886
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 4
  • Stoves Total: 4
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 2
  • Half Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1056
  • Kitchens: 4
  • Laundry: No
  • Storage: No
  • Half Bathrooms: 1
  • Half Bathrooms: 1
  • Half Bathrooms: 1
  • Living Area Sq Ft: 2531
  • Total Sq Ft: 2531

Exterior Features

  • Exterior: Asbestos
  • Foundation: Brick
  • Paved: Yes
  • Sidewalk: Y

Utilities

  • Air Conditioner: None
  • Heat: Hot Water

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.3340
  • Lot S F: 14550
  • Lot Size: 75X194
  • Assessor Parcel Number: 11001284000000
  • Zoning: N3C

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Landlord, Water Tenant

Tax Info

  • Gross Taxes: 3691.10
  • Net Taxes: 3691.10
  • Tax Year: 2022

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2022
Closed on
Oct 31, 2022
Sold by
Fletcher John K and Fletcher Rosetta Ann
Bought by
Schwartz Thomas
Seller's Agent
Ryan Lynch
Keller Williams Realty GDM
Buyer's Agent
Shonna Murrey
Epique Realty
List Price
$249,000
Sold Price
$195,000
Premium/Discount to List
-$54,000
-21.69%
Current Estimated Value
$209,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,764
Avg. Annual Appreciation
2.75%
Original Mortgage
$146,250
Outstanding Balance
$142,259
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$67,505

Purchase Details

Closed on
Jul 21, 2017
Sold by
Arl Properties Llc
Bought by
47 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,858
Interest Rate
4.02%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 31, 2017
Sold by
1311 E 9Th Llc
Bought by
Arl Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,858
Interest Rate
4.02%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 18, 2007
Sold by
Mcclish Michael T and Mcclish June L
Bought by
Haugen Homes Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,200
Interest Rate
6.19%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Schwartz Thomas $195,000 --
47 Llc $500 None Available
Arl Properties Llc $83,500 None Available
Haugen Homes Lc $79,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Thomas $146,250
Previous Owner Fletcher John $947,000
Previous Owner Arl Properties Llc $91,858
Previous Owner 1311 E 9Th St Llc $68,000
Previous Owner Haugen Homes Lc $87,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2022 10/31/22 Sold $195,000 -9.3% $77 / Sq Ft
10/04/2022 10/04/22 Pending -- -- --
08/15/2022 08/15/22 Price Changed $215,000 -11.9% $85 / Sq Ft
07/07/2022 07/07/22 Price Changed $244,000 -2.0% $96 / Sq Ft
04/07/2022 04/07/22 For Sale $249,000 +654.5% $98 / Sq Ft
02/20/2013 02/20/13 Sold $33,000 -34.0% $13 / Sq Ft
02/08/2013 02/08/13 Pending -- -- --
07/27/2012 07/27/12 For Sale $50,000 -- $20 / 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 $2,970 $151,000 $32,300 $118,700
2023 $2,898 $151,000 $32,300 $118,700
2022 $3,388 $123,000 $27,000 $96,000
2021 $3,016 $123,000 $27,000 $96,000
2020 $3,388 $101,000 $24,600 $76,400
2019 $2,974 $101,000 $24,600 $76,400
2018 $3,164 $84,000 $24,600 $59,400
2017 $2,978 $84,000 $24,600 $59,400
2016 $3,106 $76,000 $20,500 $55,500
2015 $3,106 $76,000 $20,500 $55,500
2014 $3,506 $71,500 $20,500 $51,000
Source: Public Records

Agents Affiliated with this Home

  • Ryan Lynch

    Seller's Agent in 2022

    Ryan Lynch

    Keller Williams Realty GDM

    (515) 707-8487

    1 in this area

    120 Total Sales

    Ryan Lynch
    Section Image
  • Shonna Murrey

    Buyer's Agent in 2022

    Shonna Murrey

    Epique Realty

    (515) 612-8939

    3 in this area

    306 Total Sales

    Shonna Murrey
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 649235

Des Moines Area Association of REALTORS®

APN: 110-01284000000

Iowa Polk County Des Moines 50316 Capitol Park

1311 E 9th St, Des Moines, IA

This home is located at 1311 E 9th St, Des Moines, IA 50316 since 07 April 2022 and is currently estimated at $209,764, approximately $82 per square foot. This property was built in 1886. 1311 E 9th St is a home located in Polk County with nearby schools including Carver Elementary School, Hiatt Middle School, and East 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.

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