NOT LISTED FOR SALE

Estimated Value: $274,929 - $299,000

-- Bed
4 Baths
3,276 Sq Ft
$88/Sq Ft Est. Value

Last Sold August 12, 2023

Last sale price $265,000 $81 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,037/month

5 Days on Market

Highlights

  • 4 Kitchens
  • No HOA
  • Forced Air Heating System
  • Wood Flooring
  • Laundry Room

About This Home

As of August 2023

4-plex property located in the Drake Campus Area. Unit 1 and 2 are each 1BR 1Bath with lots of living and kitchen space. Unit 3 and Unit 4 are each 2BR 1Bath. Easy walking distance to the Drake Campus and everything it has to offer. Rental certificate good through February 3, 2024. Owner pays water/sewer/trash, snow removal & lawn care. Come check out this investment property before its too late. Property can also be sold as a portfolio with 2846 Brattleboro Ave and 2815 Cottage Grove Ave.

Last Agent to Sell the Property

Tim Hegwood

PMI Realty Central Iowa Listed on: 06/21/2023

Last Buyer's Agent

Darson Grantham

Keller Williams Realty GDM

Keller Williams Realty GDM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,542

Year Built

  • Built in 1923

Lot Details

  • 4,000 Sq Ft Lot
  • Lot Dimensions are 80x50

Parking

  • Driveway

Home Design

  • 3,276 Sq Ft Home
  • Asphalt Shingled Roof
  • Metal Siding

Kitchen

  • 4 Kitchens
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association
  • 4 Units
  • Pmi Central Iowa Association, Phone Number (515) 303-1027

Listing and Financial Details

  • Assessor Parcel Number 10011027002000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,542

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Lp Amt Sq Ft: 80.89
  • Sp Amt Sq Ft: 80.89
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 3
  • Refrigerators: 4
  • Stoves Total: 4
  • Interior Amenities: Hardwood Floors, Laminate Floors, Smoke Detector
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • First Floor Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1289
  • Kitchens: 4
  • Laundry: Yes
  • Included Items: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 3276
  • Total Sq Ft: 3276

Exterior Features

  • Exterior: Metal Siding
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete

Utilities

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

Condo/Co-op/Association

  • Association Fee: No
  • Manager: Yes

Association/Amenities

  • Management Firm: PMI Central Iowa
  • Management Firm Phone: (515) 303-1027

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.0920
  • Lot S F: 4000
  • Lot Size: 80X50
  • Assessor Parcel Number: 10011027002000
  • Zoning: C-1

Rental Info

  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Janitor Owner, Taxes Owner, Water Owner

Tax Info

  • Gross Taxes: 6542.00
  • Net Taxes: 6542.00
  • Tax Year: 2022

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Aug 11, 2023
Sold by
Kauzlarich Cody S and Kauzlarich Angelee L
Bought by
Wilke Joshua and Wilke Nicole
Seller's Agent
Tim Hegwood
PMI Realty Central Iowa
Buyer's Agent
Darson Grantham
Keller Williams Realty GDM
List Price
$265,000
Sold Price
$265,000
Views
39
Current Estimated Value
$286,965

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,965
Avg. Annual Appreciation
4.61%
Original Mortgage
$198,750
Outstanding Balance
$195,111
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$92,913

Purchase Details

Closed on
May 28, 2020
Sold by
Kentfield Prop Llc Series 1410 32Nd
Bought by
Kauzlarich Cody S and Kauzlarich Angelee L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 30, 2015
Sold by
Paramount Properties Llc
Bought by
Kentfield Properties Llc

Purchase Details

Closed on
Apr 11, 2013
Sold by
Eaton Enterprises Inc
Bought by
Nd 19 32Nd Street Shops Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
3.34%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 5, 2008
Sold by
Struck Ryan
Bought by
Paramount 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
$140,250
Interest Rate
6.49%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 1, 2008
Sold by
Eaton Enterprises Inc
Bought by
Nd 19 32Nd Street Shops Llc

Purchase Details

Closed on
Oct 31, 2006
Sold by
Reilly Thomas J and Reilly Gretchen R
Bought by
Struck Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,500
Interest Rate
6.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 19, 1998
Sold by
Sanders Doyle D T and Sanders Walter T
Bought by
Eaton Enterprises Inc

Purchase Details

Closed on
Apr 24, 1997
Sold by
Jolly Rice Bob E and Jolly Clark James
Bought by
Walter C & Sue C Potts Charitable Remain
Source: Public Records

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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
Wilke Joshua $265,000 None Listed On Document
Kauzlarich Cody S $200,000 None Available
Kentfield Properties Llc -- None Available
Nd 19 32Nd Street Shops Llc -- None Available
Paramount Properties Llc $140,500 Itc
Nd 19 32Nd Street Shops Llc $199,500 None Available
Struck Ryan $114,500 Itc
Eaton Enterprises Inc $89,500 None Available
-- $90,000 --
Walter C & Sue C Potts Charitable Remain $162,169 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilke Joshua $198,750
Previous Owner Kauzlarich Cody S $75,000
Previous Owner Paramount Properties Llc $126,000
Previous Owner Paramount Properties Llc $140,250
Previous Owner Struck Ryan $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2023 08/12/23 Sold $265,000 0.0% $81 / Sq Ft
06/26/2023 06/26/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $265,000 -- $81 / 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 $5,272 $268,000 $29,600 $238,400
2023 $5,138 $268,000 $29,600 $238,400
2022 $6,004 $218,000 $24,800 $193,200
2021 $5,346 $218,000 $24,800 $193,200
2020 $6,004 $179,000 $22,500 $156,500
2019 $5,276 $179,000 $22,500 $156,500
2018 $5,612 $149,000 $22,500 $126,500
2017 $5,290 $149,000 $22,500 $126,500
2016 $5,516 $135,000 $19,000 $116,000
2015 $5,516 $135,000 $19,000 $116,000
2014 $5,148 $120,000 $19,000 $101,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 675754

Des Moines Area Association of REALTORS®

APN: 100-11027002000