NOT LISTED FOR SALE

1355 24th St Des Moines, IA 50311

Drake Neighborhood

Estimated Value: $217,000

-- Bed
2 Baths
2,064 Sq Ft
$105/Sq Ft Est. Value

Last Sold September 05, 2022

Last sale price $234,000 $113 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,477/month

16 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of September 2022

Great investment property located walking distance from Drake University and the Knapp Center! Currently both sides are leased! Gross rents are $1550/month. Seller has made numerous upgrades to the home in the last few years. Updates include: all brand new siding, almost all new windows, new furnace, new gravel driveway, new deck off the rear for 2nd level. Detached 1 car garage, extra deep driveway/parking off the rear of the home. Rental certificate good through July 2024. All appliances stay with the home. Kitchen appliances include refrigerator, dishwasher, stove, microwave. 2nd level was fully remodeled in 1995.

All information obtained from seller and public records.

Last Agent to Sell the Property

Andrew Kohles

RE/MAX Precision Listed on: 07/06/2022

RE/MAX Precision

Last Buyer's Agent

Joshua Torkelson

Gillum Group Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,038

Year Built

  • Built in 1897

Lot Details

  • 7,797

Parking

  • 1 Car Detached Garage

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,064 Sq Ft Home
  • 2-Story Property

Kitchen

  • 2 Kitchens
  • Stove
  • Microwave
  • Dishwasher

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 08001569000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $18,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,038

Year Built

Built in 1897

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 109.01
  • Sp Amt Sq Ft: 113.37
  • Termite: Call Listing Agent
  • Year Built: 1897
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Dishwashers: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Kitchens: 2
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 2064
  • Total Sq Ft: 2064

Exterior Features

  • Roof: Asphalt Shingle

Garage/Parking

  • Garage: 1 Detached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Lot Shape: Regular
  • Assessor Parcel Number: 08001569000000
  • Zoning: NX1

Tax Info

  • Gross Taxes: 3038.00
  • Net Taxes: 3038.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 30, 2022
Sold by
Cbfm Llc
Bought by
Torkelson John M and Torkelson Teresa
Seller's Agent
Andrew Kohles
RE/MAX Precision
Buyer's Agent
Joshua Torkelson
Gillum Group Real Estate LLC
List Price
$225,000
Sold Price
$234,000
Premium/Discount to List
$9,000
4%
Views
8
Current Estimated Value
$217,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,000
Avg. Annual Appreciation
0.58%
Original Mortgage
$239,382
Outstanding Balance
$230,736
Interest Rate
5.54%
Mortgage Type
VA
Estimated Equity
$7,264

Purchase Details

Listed on
Feb 22, 2018
Closed on
Mar 21, 2018
Sold by
Jklm Enterprises Llc
Bought by
Cbfm Llc
Seller's Agent
Andrew Goodall
Goodall Properties LLC
Buyer's Agent
Andrew Kohles
RE/MAX Precision
List Price
$110,000
Sold Price
$110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.44%
Original Mortgage
$165,000
Interest Rate
4.32%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 14, 2008
Sold by
Henderson Jamie and Henderson Laura
Bought by
Jklm Enterprises Llc

Purchase Details

Closed on
Jun 12, 2007
Sold by
Donbar Investments Llc
Bought by
Henderson Jamie and Henderson Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,910
Interest Rate
6.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2000
Sold by
Penquite Donald E and Penquite Barbara A
Bought by
Donbar Investments Llc
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 Buyer Sale Price Title Company
Torkelson John M $234,000 --
Cbfm Llc $110,000 None Available
Jklm Enterprises Llc -- None Available
Henderson Jamie $99,500 None Available
Donbar Investments Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torkelson John M $239,382
Previous Owner Cbfm Llc $165,000
Previous Owner Henderson Jamie $89,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2022 09/05/22 Sold $234,000 +4.0% $113 / Sq Ft
07/22/2022 07/22/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $225,000 +104.5% $109 / Sq Ft
03/23/2018 03/23/18 Pending -- -- --
03/22/2018 03/22/18 Sold $110,000 0.0% $53 / Sq Ft
02/22/2018 02/22/18 For Sale $110,000 -- $53 / 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 $3,542 $180,030 $13,400 $166,630
2023 $3,168 $186,600 $13,400 $173,200
2022 $3,144 $141,000 $10,700 $130,300
2021 $3,038 $141,000 $10,700 $130,300
2020 $3,156 $128,300 $9,700 $118,600
2019 $3,314 $128,300 $9,700 $118,600
2018 $3,280 $123,300 $9,100 $114,200
2017 $3,110 $123,300 $9,100 $114,200
2016 $3,030 $115,000 $8,500 $106,500
2015 $3,030 $115,000 $8,500 $106,500
2014 $2,978 $112,100 $8,300 $103,800
Source: Public Records

Agents Affiliated with this Home

  • Andrew Kohles

    Seller's Agent in 2022

    Andrew Kohles

    RE/MAX

    (515) 681-1717

    1 in this area

    183 Total Sales

    Section Image

  • J

    Buyer's Agent in 2022

    Joshua Torkelson

    Gillum Group Real Estate LLC

    (515) 205-9678

    1 in this area

    47 Total Sales

    Section Image
  • Andrew Goodall

    Seller's Agent in 2018

    Andrew Goodall

    Goodall Properties LLC

    (515) 978-1597

    2 in this area

    149 Total Sales

    Section Image
  • Cheryl Goodall

    Seller Co-Listing Agent in 2018

    Cheryl Goodall

    Goodall Properties LLC

    (515) 988-4567

    76 Total Sales

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 655607

Des Moines Area Association of REALTORS®

APN: 080-01569000000

Iowa Polk County Des Moines 50311 Drake

1355 24th St, Des Moines, IA

This home is located at 1355 24th St, Des Moines, IA 50311 since 06 July 2022 and is currently estimated at $217,000, approximately $105 per square foot. This property was built in 1897. 1355 24th St is a home located in Polk County with nearby schools including Perkins Elementary School, Callanan Middle School, and Roosevelt 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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