NOT LISTED FOR SALE

Estimated Value: $283,148 - $294,000

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

Sale Details

Date Sold: August 12, 2023

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

Est. 9% increase in value since last sale

Current estimated payment $2,024 / mo

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

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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

4,000 Sq Ft Lot

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
  • 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

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Drake, IA

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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
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

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 $5,272 $289,000 $33,800 $255,200
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

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 675754

Des Moines Area Association of REALTORS®

APN: 100-11027002000

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