1311 E 9th St Des Moines, IA 50316
Capitol Park Neighborhood
--
Bed
4.5
Baths
2,531
Sq Ft
0.33
Acres
Highlights
- 4 Kitchens
- Hot Water Heating System
- Asbestos
- No HOA
About This Home
As of October 2022Rental 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.
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
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
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
Similar Homes in Des Moines, IA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $195,000 | -- | |
| Warranty Deed | $500 | None Available | |
| Warranty Deed | $83,500 | None Available | |
| Warranty Deed | $79,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $146,250 | New Conventional | |
| Previous Owner | $947,000 | No Value Available | |
| Previous Owner | $91,858 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $68,000 | Commercial | |
| Previous Owner | $87,200 | Commercial |
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
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
-
Shonna Murrey
Buyer's Agent in 2022
Shonna Murrey
Epique Realty
(515) 612-8939
3 in this area
306 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 649235
APN: 110-01284000000
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