NOT LISTED FOR SALE

Estimated Value: $213,000 - $259,102

-- Bed
5 Baths
2,018 Sq Ft
$117/Sq Ft Est. Value

Last Sold March 10, 2023

Last sale price $220,000 $109 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,599/month

87 Days on Market

Highlights

  • 5 Kitchens
  • No HOA
  • Forced Air Heating System
  • Corner Lot
  • Laundry Room
  • Wood Siding

About This Home

As of March 2023

5-plex near Drake University & its new Dogtown development area. Amazing opportunity for student housing! New exterior paint offering great curb appeal. Some newer windows and appliances. Tenants pay gas/electric. Yearly gross income based on current rents = $33,000. Can be sold with 1900 and 1406 7th St in Des Moines.

Last Agent to Sell the Property

Chris Chiaramonte

Century 21 Signature Listed on: 11/15/2022

Century 21 Signature

Last Buyer's Agent

Matt Maro

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,544

Year Built

  • Built in 1896

Lot Details

  • 8,668 Sq Ft Lot
  • Lot Dimensions are 53.2x162.5
  • Corner Lot

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 5 Full Bathrooms
  • 2,018 Sq Ft Home
  • 2-Story Property
  • Laundry Room
  • Unfinished Basement

Kitchen

  • 5 Kitchens
  • Stove

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08006896000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,544

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 126.36
  • Sp Amt Sq Ft: 109.02
  • Termite: Call Listing Agent
  • Year Built: 1896
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 5
  • Stoves Total: 5
  • Total Bathrooms: 5.00
  • Full Bathrooms: 5
  • First Floor Full Bathrooms: 3
  • Full Bathrooms: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 800
  • Kitchens: 5
  • Laundry: Yes
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 2018
  • Total Sq Ft: 2018

Exterior Features

  • Exterior: Wood
  • Foundation: Tile
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Off Street Parking: YES

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1990
  • Lot S F: 8668
  • Lot Shape: Corner Lot
  • Lot Size: 53.2X162.5
  • Assessor Parcel Number: 08006896000000
  • Zoning: R-3

Rental Info

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

Tax Info

  • Gross Taxes: 4544.00
  • Net Taxes: 4544.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2022
Closed on
Mar 8, 2023
Sold by
Decmore Llc
Bought by
Tice Chandler Paul
Seller's Agent
Chris Chiaramonte
Century 21 Signature
Buyer's Agent
Matt Maro
RE/MAX Concepts
List Price
$260,000
Sold Price
$220,000
Premium/Discount to List
-$40,000
-15.38%
Views
103
Current Estimated Value
$231,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,298
Avg. Annual Appreciation
3.40%
Original Mortgage
$165,000
Outstanding Balance
$162,861
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$75,696

Purchase Details

Listed on
Jul 30, 2019
Closed on
Oct 21, 2019
Sold by
Rjd Properties Llc
Bought by
Decmore Llc and Bear Stratten Llc
Seller's Agent
Richard Hudnut
RE/MAX Concepts
Buyer's Agent
Michael Martin
Des Moines Realty Group
List Price
$135,000
Sold Price
$127,000
Premium/Discount to List
-$8,000
-5.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.60%
Original Mortgage
$95,250
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 19, 2006
Sold by
Sgf Asset Management Llc
Bought by
Rjd 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
$50,000
Interest Rate
6.82%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tice Chandler Paul $220,000 --
Decmore Llc $127,000 None Available
Rjd Properties Llc $113,500 Itc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tice Chandler Paul $165,000
Previous Owner Decmore Llc $95,250
Previous Owner Rjd Properties Llc $50,000
Previous Owner Rjd Properties Llc $91,200
Previous Owner Sgf Asset Management Llc $200,500
Previous Owner Sgf Asset Management Llc $76,000
Previous Owner Sgf Asset Management Llc $55,567
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2023 03/10/23 Sold $220,000 -13.7% $109 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
11/30/2022 11/30/22 Price Changed $255,000 -1.9% $126 / Sq Ft
11/15/2022 11/15/22 For Sale $260,000 +104.7% $129 / Sq Ft
10/21/2019 10/21/19 Sold $127,000 -5.9% $63 / Sq Ft
09/10/2019 09/10/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $135,000 -- $67 / 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 $3,994 $203,000 $22,900 $180,100
2023 $3,888 $203,000 $22,900 $180,100
2022 $4,544 $165,000 $19,200 $145,800
2021 $4,032 $165,000 $19,200 $145,800
2020 $4,528 $135,000 $17,400 $117,600
2019 $3,966 $135,000 $17,400 $117,600
2018 $4,218 $112,000 $17,400 $94,600
2017 $3,958 $112,000 $17,400 $94,600
2016 $4,126 $101,000 $14,500 $86,500
2015 $4,126 $101,000 $14,500 $86,500
2014 $4,024 $90,000 $14,500 $75,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 663804

Des Moines Area Association of REALTORS®

APN: 080-06896000000