$75,000
SOLD APR 17, 2019
-- Bed
3 Baths
2,080 Sq Ft
3,000 Sq Ft Lot

Recently Sold

$36 Per Sq Ft

23% Below List Price

74 Days on Market

Highlights

  • 3 Kitchens
  • No HOA
  • Forced Air Heating System

About This Home

As of February 2021

Calling all Investors! This 3 plex has two 2 bedroom apartments with nearly 800 sq ft each and one 1 bedroom apartment on the ground floor bedroom. Tenants pay for their own gas (heat) and electric. Refrigerators and stoves are included. This location is on the NE side of Des Moines making it an easy commute to downtown with just a few blocks to the bus line. You can also make this a package with two additional properties adjoining at 2448 Garfield and 2448.5 Garfield. Each home has one bedroom and one bathroom. Check out the details and pricing for these two homes at mls #575619. Great Investment Opportunity!

Last Agent to Sell the Property

Pennie Carroll

Pennie Carroll & Associates Listed on: 01/24/2019

Last Buyer's Agent

Matthew Posusta

515 Realty Company

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 3,000 Sq Ft Lot
  • Lot Dimensions are 60x50

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2,080 Sq Ft Home
  • 2-Story Property
  • 3 Kitchens

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 06000068000000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $1,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 43.27
  • Sp Amt Sq Ft: 36.06
  • Termite: Call Listing Agent
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 3
  • Stoves Total: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 2
  • Sq Ft Bsmt: 1312
  • Kitchens: 3
  • Living Area Sq Ft: 2080
  • Total Sq Ft: 2080

Exterior Features

  • Exterior: Metal Siding
  • Roof: Asphalt Shingle

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window Unit
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.0690
  • Lot S F: 3000
  • Lot Size: 60X50
  • Assessor Parcel Number: 06000068000000
  • Zoning: R1-60

Rental Info

  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Misc Exp Landlord, Water Landlord

Tax Info

  • Gross Taxes: 2008.00
  • Net Taxes: 2008.00

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 30, 2022
Sold by
Shop N Save Newton Llc
Bought by
Twins Creek Investment Llc
Current Estimated Value
$311,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Outstanding Balance
$95,974
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$200,381

Purchase Details

Closed on
Dec 15, 2020
Sold by
Smith James G
Bought by
South Story Bank And Trust

Purchase Details

Closed on
Jan 9, 2002
Sold by
Vandam Marvin and Vandam Bonnie
Bought by
Ussery Pamela J
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $325,000 Ogle Loyd W
Sheriffs Deed $178,000 None Available
Warranty Deed $68,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $227,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2021 02/19/21 Sold $125,000 0.0% $60 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $125,000 +66.7% $60 / Sq Ft
04/17/2019 04/17/19 Sold $75,000 -23.1% $36 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
01/24/2019 01/24/19 For Sale $97,500 -- $47 / 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 $1,986 $101,000 $6,100 $94,900
2023 $1,938 $101,000 $6,100 $94,900
2022 $2,264 $82,200 $5,100 $77,100
2021 $3,171 $82,200 $5,100 $77,100
2020 $2,260 $67,400 $4,600 $62,800
2019 $1,984 $67,400 $4,600 $62,800
2018 $2,110 $56,000 $4,600 $51,400
2017 $1,980 $56,000 $4,600 $51,400
2016 $2,064 $50,500 $3,900 $46,600
2015 $2,064 $50,500 $3,900 $46,600
2014 $2,012 $45,000 $3,900 $41,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 575631

Des Moines Area Association of REALTORS®

APN: 060-00068000000