Seller's Agent in 2023
Crystal Arguello
Realty ONE Group Impact
(515) 494-9388
1 in this area
97 Total Sales
1327 E 13th St Des Moines, IA 50316
Capitol Park NeighborhoodEstimated Value: $204,000 - $256,000
Studio
5
Baths
7,480
Sq Ft
$30/Sq Ft
Est. Value
Highlights
- 5 Kitchens
- No HOA
- Forced Air Heating System
About This Home
As of March 2023INVESTORS!!! Take a look at this value to add/ cash-flowing, 5plex, conveniently located minutes from downtown and Drake University. The property is fully occupied; leases are signed with a current rental certificate. A handyman living in one of the units helps with almost all maintenance, repairs, updates, and management of the property. Rents are $725, $725, $900, $725, and $900, with the tenants paying utilities (water, gas, electric) that are at $725, and tenants not paying utilities that are at $900 (all tenants are current on rent and have never had a problem). The approximate annual NOI is $36,300. Recent updates include a new roof, parking lot, sidewalk, flooring, appliances, windows, paint, and other miscellaneous items. Vacant storage space in the basement (600 SF) could be converted into an additional unit to help build additional equity/ cash flow; plumbing and electrical are already roughed in. Reach out TODAY for more detailed information regarding the finances and quality of the property.
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $4,981
Year Built
- Built in 1953
Lot Details
- 7,480 Sq Ft Lot
- Lot Dimensions are 55x136
Parking
- Driveway
Home Design
- 7,480 Sq Ft Home
- Brick Exterior Construction
- Block Foundation
- Rubber Roof
Kitchen
- 5 Kitchens
- Stove
- Microwave
Bedrooms and Bathrooms
- 5 Full Bathrooms
Utilities
- Window Unit Cooling System
- Forced Air Heating System
Additional Features
- Finished Basement
Community Details
- No Home Owners Association
- 5 Units
Listing and Financial Details
- Assessor Parcel Number 08001912000000
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
Closed on
Jul 11, 2008
Sold by
Bought by
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,375
Outstanding Balance
$86,932
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$139,138
Purchase Details
Closed on
May 14, 2008
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,375
Outstanding Balance
$86,932
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$139,138
Purchase Details
Closed on
Jul 6, 2006
Sold by
Bought by
Purchase Details
Closed on
Jun 1, 2006
Sold by
Bought by
Purchase Details
Closed on
Jul 25, 2005
Sold by
Bought by
Purchase Details
Closed on
Mar 31, 2001
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
7.02%
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $137,000 | None Available | ||
| $10,500 | None Available | ||
| -- | None Available | ||
| $5,500 | None Available | ||
| $824 | -- | ||
| $54,500 | -- |
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 | $133,375 | ||
| Previous Owner | $104,250 | ||
| Previous Owner | $38,500 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 03/22/2023 03/22/23 | Sold | $395,000 | -10.2% | $53 / Sq Ft | |
| 02/09/2023 02/09/23 | Pending | -- | -- | -- | |
| 01/04/2023 01/04/23 | For Sale | $440,000 | +11.4% | $59 / Sq Ft | |
| 12/15/2022 12/15/22 | Off Market | $395,000 | -- | -- | |
| 11/15/2022 11/15/22 | Price Changed | $435,000 | +29.9% | $58 / Sq Ft | |
| 11/15/2022 11/15/22 | Price Changed | $335,000 | -23.9% | $45 / Sq Ft | |
| 11/09/2022 11/09/22 | For Sale | $440,000 | 0.0% | $59 / Sq Ft | |
| 10/18/2022 10/18/22 | Pending | -- | -- | -- | |
| 09/26/2022 09/26/22 | For Sale | $440,000 | 0.0% | $59 / Sq Ft | |
| 09/17/2022 09/17/22 | Pending | -- | -- | -- | |
| 08/16/2022 08/16/22 | Price Changed | $440,000 | -4.3% | $59 / Sq Ft | |
| 08/05/2022 08/05/22 | Price Changed | $460,000 | -6.1% | $61 / Sq Ft | |
| 07/15/2022 07/15/22 | Price Changed | $490,000 | -3.9% | $66 / Sq Ft | |
| 06/24/2022 06/24/22 | For Sale | $510,000 | +82.1% | $68 / Sq Ft | |
| 01/12/2021 01/12/21 | Sold | $280,000 | -11.1% | $90 / Sq Ft | View Prior Sale |
| 12/18/2020 12/18/20 | Pending | -- | -- | -- | |
| 09/17/2020 09/17/20 | For Sale | $315,000 | -- | $102 / 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 | $3,824 | $226,200 | $21,900 | $204,300 |
| 2024 | $3,824 | $204,900 | $19,600 | $185,300 |
| 2023 | $3,502 | $204,900 | $19,600 | $185,300 |
| 2022 | $3,474 | $157,500 | $15,500 | $142,000 |
| 2021 | $3,240 | $157,500 | $15,500 | $142,000 |
| 2020 | $3,360 | $138,400 | $13,600 | $124,800 |
| 2019 | $3,238 | $138,400 | $13,600 | $124,800 |
| 2018 | $3,200 | $129,000 | $12,400 | $116,600 |
| 2017 | $3,280 | $129,000 | $12,400 | $116,600 |
| 2016 | $3,196 | $121,300 | $11,600 | $109,700 |
| 2015 | $3,196 | $121,300 | $11,600 | $109,700 |
| 2014 | $3,408 | $128,300 | $12,000 | $116,300 |
Source: Public Records
Agents Affiliated with this Home
-
Crystal Arguello
-
Nancy Learned
N
Seller's Agent in 2021
Nancy Learned
Associated Realty
(515) 988-3454
44 Total Sales
-
Marceen Peters
Buyer's Agent in 2021
Marceen Peters
Realty ONE Group Impact
(515) 778-3014
2 in this area
190 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 654828
APN: 110-01467000000
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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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