Chris Kew
RE/MAX Precision
(515) 500-2960
285 Total Sales
1 in Capitol Park
$174,500 Price
1432 E 9th St Des Moines, IA 50316
Capitol Park NeighborhoodEstimated Value: $210,000 - $275,000
Studio
2
Baths
1,920
Sq Ft
$132/Sq Ft
Est. Value
Highlights
- 2 Kitchens
- Laundry Room
- 2-minute walk to Union Park
- No HOA
- Central Air
About This Home
As of November 2016Calling all Investors! Here is your opportunity to have two tenants under one roof! This two story, two unit property has established tenants and good cash flow. The seller is ready to liquidate and pass on the opportunity to the next landlord. The identical units hold approx 1,000 sqft on each side. Main level offers bathroom, living room & kitchen with all appliances included. Stairs lead up stairs to two bedrooms and a full bath. Lower level is unfinished providing excellent storage area. The large yard is partially fenced in and gives some shade. This location is near bus stop for an easy commute around town. It is near parks and schools. Take a look today and start your investment in Real Estate.
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1976
Lot Details
- 14,040 Sq Ft Lot
- Lot Dimensions are 65x216
Parking
- 2 Car Detached Garage
Home Design
- 1,920 Sq Ft Home
- Brick Exterior Construction
- Poured Concrete
- Asphalt Shingled Roof
- Metal Siding
- Stucco
Utilities
- Central Air
- Heating System Uses Gas
Additional Features
- 2 Kitchens
- 2 Full Bathrooms
- Laundry Room
- Unfinished Basement
Listing and Financial Details
- Assessor Parcel Number 11001242002000
Community Details
Overview
- No Home Owners Association
Building Details
- Operating Expense $400
- Gross Income $1,280
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2016
Closed on
Dec 28, 2016
Sold by
Bought by
Seller's Agent
Pennie Carroll
Pennie Carroll & Associates
Buyer's Agent
Audra Sypolt
RE/MAX Concepts
List Price
$140,000
Sold Price
$100,000
Premium/Discount to List
-$40,000
-28.57%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,891
Avg. Annual Appreciation
9.96%
Original Mortgage
$110,000
Outstanding Balance
$88,148
Interest Rate
4.03%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$165,743
Purchase Details
Listed on
Aug 30, 2016
Closed on
Oct 30, 2016
Sold by
Bought by
Seller's Agent
Pennie Carroll
Pennie Carroll & Associates
Buyer's Agent
Audra Sypolt
RE/MAX Concepts
List Price
$140,000
Sold Price
$100,000
Premium/Discount to List
-$40,000
-28.57%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$88,148
Interest Rate
4.03%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$165,743
Purchase Details
Closed on
Sep 8, 2014
Sold by
Bought by
Purchase Details
Closed on
Jan 17, 2012
Sold by
Bought by
Purchase Details
Closed on
Sep 6, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.29%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 16, 2004
Sold by
Bought by
Purchase Details
Closed on
May 21, 2001
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Capitol Park, IA
-
Chris Kew
-
Jason Rude
Jason Rude
Rude Realty
(515) 400-4122
347 Total Sales
3 in Capitol Park
$110K - $150K Price Range
-
Ginger Atcheson
Ginger Atcheson
Real Estate Property Solutions, LLC
(515) 400-3340
196 Total Sales
1 in Capitol Park
$156,200 Price
-
Darson Grantham
Darson Grantham
Keller Williams Realty GDM
(641) 247-4098
232 Total Sales
3 in Capitol Park
$107K - $180K Price Range
-
Brooklin Griffis
Brooklin Griffis
RE/MAX Precision
(515) 478-8987
60 Total Sales
1 in Capitol Park
$168,000 Price
-
Tammy Claiborne
Tammy Claiborne
Iowa Realty Ankeny
(515) 619-6710
102 Total Sales
1 in Capitol Park
$112,000 Price
Purchase 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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| $30,250 | None Available | ||
| -- | None Available | ||
| $46,500 | -- | ||
| -- | -- |
Source: Public Records
Mortgage 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 | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $110,000 | ||
| Previous Owner | $70,000 |
Source: Public Records
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 |
|---|---|---|---|---|
| 11/01/2016 11/01/16 | Sold | $100,000 | -28.6% | $52 / Sq Ft |
| 10/30/2016 10/30/16 | Pending | -- | -- | -- |
| 08/30/2016 08/30/16 | For Sale | $140,000 | -- | $73 / 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 | $4,776 | $270,600 | $37,800 | $232,800 |
| 2024 | $4,776 | $242,800 | $33,400 | $209,400 |
| 2023 | $4,872 | $242,800 | $33,400 | $209,400 |
| 2022 | $4,834 | $206,700 | $30,300 | $176,400 |
| 2021 | $4,584 | $206,700 | $30,300 | $176,400 |
| 2020 | $4,762 | $183,700 | $26,800 | $156,900 |
| 2019 | $4,410 | $183,700 | $26,800 | $156,900 |
| 2018 | $4,366 | $164,100 | $23,100 | $141,000 |
| 2017 | $4,258 | $164,100 | $23,100 | $141,000 |
| 2016 | $4,148 | $157,400 | $21,700 | $135,700 |
| 2015 | $4,148 | $157,400 | $21,700 | $135,700 |
| 2014 | $4,600 | $141,600 | $19,200 | $122,400 |
Source: Public Records
Agents Affiliated with this Home
-
Pennie Carroll
Seller's Agent in 2016
Pennie Carroll
Pennie Carroll & Associates
(515) 490-8025
1,226 Total Sales
-
Audra Sypolt
Buyer's Agent in 2016
Audra Sypolt
RE/MAX
(515) 783-8310
6 in this area
256 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 524693
APN: 110-01242002000
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.
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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