Seller's Agent in 2019
Sue Bechtel
Realty ONE Group Impact
(515) 778-5688
29 Total Sales
1427 31st St Unit A & B Des Moines, IA 50311
Drake NeighborhoodEstimated Value: $186,657 - $226,000
--
Bed
1
Bath
1,894
Sq Ft
$109/Sq Ft
Est. Value
Highlights
- 2 Kitchens
- Laundry Room
- Forced Air Heating System
- No HOA
- Storage
About This Home
As of March 2019Great investment property within walking distance of Drake University. This home is multifamily 2+ units, 3 beds, 2 kitchens , refrigerators included, 3.5 baths, laundry also included. 500 sq ft finish in the basement offers additional living space with refrigerator and its own private entrance. The rooms are large and closets are walk in on levels 1 and 2, one has a dressing area also. Storage is abundant and so is the charm with hardwood floors and original woodwork. Nice sized deck on back of home also. Home needs some work and is priced accordingly.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,938
Year Built
- Built in 1912
Lot Details
- 7,141 Sq Ft Lot
- Lot Dimensions are 50x143
Home Design
- Brick Foundation
- Block Foundation
- Metal Siding
Interior Spaces
- 1 Full Bathroom
- 1,894 Sq Ft Home
- 1.5-Story Property
- Storage
- Laundry Room
- 2 Kitchens
Utilities
- Window Unit Cooling System
- Forced Air Heating System
Community Details
- No Home Owners Association
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 10009673000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 29, 2020
Sold by
Ng Heng Li and Cao Xu
Bought by
Maliloboo Llc
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
$168,800
Outstanding Balance
$146,148
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$52,495
Purchase Details
Listed on
Jan 31, 2019
Closed on
Mar 7, 2019
Sold by
Gaston Patricia Ann and Gaston Robert S
Bought by
Ng Heng Li
Seller's Agent
Sue Bechtel
Realty ONE Group Impact
Buyer's Agent
Jason Rude
RE/MAX Precision
List Price
$117,000
Sold Price
$118,700
Premium/Discount to List
$1,700
1.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%
Original Mortgage
$1,008,952
Interest Rate
4.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 1, 1997
Sold by
Norwest Bank Iowa N A
Bought by
Gaston Patricia Ann and Gaston Robert S
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Maliloboo Llc | -- | None Available | |
| Ng Heng Li | $119,000 | None Available | |
| Gaston Patricia Ann | $39,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Maliloboo Llc | $168,800 | |
| Closed | Maliloboo Llc | $211,000 | |
| Previous Owner | Ng Heng Li | $147,700 | |
| Previous Owner | Ng Heng Li | $1,008,952 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2019 03/12/19 | Sold | $118,700 | +1.5% | $63 / Sq Ft |
| 03/08/2019 03/08/19 | Pending | -- | -- | -- |
| 01/31/2019 01/31/19 | For Sale | $117,000 | -- | $62 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $3,710 | $188,600 | $26,700 | $161,900 |
| 2023 | $3,472 | $188,600 | $26,700 | $161,900 |
| 2022 | $3,446 | $147,300 | $21,900 | $125,400 |
| 2021 | $3,250 | $147,300 | $21,900 | $125,400 |
| 2020 | $3,324 | $130,200 | $19,500 | $110,700 |
| 2019 | $3,136 | $128,200 | $19,500 | $108,700 |
| 2018 | $3,104 | $116,700 | $17,500 | $99,200 |
| 2017 | $2,938 | $116,700 | $17,500 | $99,200 |
| 2016 | $2,862 | $108,600 | $16,200 | $92,400 |
| 2015 | $2,862 | $108,600 | $16,200 | $92,400 |
| 2014 | $2,650 | $99,700 | $14,800 | $84,900 |
Source: Public Records
Agents Affiliated with this Home
-
Sue Bechtel
-
Jason Rude
Buyer's Agent in 2019
Jason Rude
RE/MAX
(515) 953-8160
10 in this area
368 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 575865
APN: 100-09673000000
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