NOT LISTED FOR SALE

1439 Dean Ave Des Moines, IA 50316

Capitol East Neighborhood

Estimated Value: $123,000 - $138,761

-- Bed
2 Baths
984 Sq Ft
$133/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $112,934 $115 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $867/month

54 Days on Market

Highlights

  • 2 Kitchens
  • Laundry Room
  • Forced Air Heating System
  • No HOA
  • Bungalow

About This Home

As of May 2022

Looking for an INVESTMENT PROPERTY? This house was converted into a two apartment duplex many years ago and has experienced nearly constant occupancy. Near the state Capital building and the capital campus, it provides access to everything downtown Des Moines. The upper unit is a 3 bedroom, 1 bath apartment with full kitchen, stove and refrigerator provided, and washer/dryer, renting right now at $650/month. The lower unit is a 1 bedroom 1 bath apartment with a full kitchen with stove and refrigerator as well, hook ups for washer/dryer, renting right now at $425/month. Off-street parking is provided. Duplex is being sold “AS IS”. Landlord pays for water/sewer for both apartments.

Last Agent to Sell the Property

Pennie Carroll

Pennie Carroll & Associates Listed on: 02/16/2022

Last Buyer's Agent

Brett Opdahl

RE/MAX Precision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,023

Year Built

  • Built in 1905

Lot Details

  • 6,800 Sq Ft Lot
  • Lot Dimensions are 68x100

Parking

  • Driveway

Home Design

  • Bungalow
  • Brick Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 984 Sq Ft Home
  • Partial Basement

Kitchen

  • 2 Kitchens
  • Stove

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 04002481000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,075

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,023

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Bungalow
  • Lp Amt Sq Ft: 127.03
  • Sp Amt Sq Ft: 114.77
  • Termite: Call Listing Agent
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: See Remarks
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Third Floor Full Bathrooms: 1
  • Basement Description: Partial
  • Sq Ft Bsmt: 984
  • Sq Ft Fin Bsmt: 700
  • Kitchens: 2
  • Laundry: Yes
  • Included Items: Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 984
  • Total Sq Ft: 984

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Off Street Parking: Driveway for Parking

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: None
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1560
  • Lot S F: 6800
  • Lot Shape: Regular
  • Lot Size: 68X100
  • Assessor Parcel Number: 04002481000000
  • Zoning: N3C-4

Rental Info

  • Landlord Tenant Utilities: Water Landlord

Tax Info

  • Gross Taxes: 2023.00
  • Net Taxes: 2023.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2022
Sold by
Edm Investments
Bought by
Edm Holdings Llc
Current Estimated Value
$127,594

Purchase Details

Listed on
Feb 16, 2022
Closed on
May 24, 2022
Sold by
Ngc Development Llc
Bought by
Edm Investments Llc
Seller's Agent
Pennie Carroll
Pennie Carroll & Associates
Buyer's Agent
Brett Opdahl
RE/MAX Precision
List Price
$125,000
Sold Price
$112,934
Premium/Discount to List
-$12,066
-9.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$84,700
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2009
Sold by
Newsom Curtis A and Newsom Gloria J
Bought by
Ngc Development Llc

Purchase Details

Closed on
Feb 24, 1997
Sold by
Hoefer Raymond E and Hoefer Maryellen
Bought by
Newsom Curtis A and Newsom Gloria J
Source: Public Records

Range of Values:

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Average Value
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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
Edm Holdings Llc -- None Listed On Document
Edm Investments Llc $113,000 None Listed On Document
Ngc Development Llc -- None Available
Newsom Curtis A $41,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edm Holdings Llc $83,533
Previous Owner Edm Investments Llc $84,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $112,934 -9.7% $115 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
02/21/2022 02/21/22 For Sale $125,000 +10.7% $127 / Sq Ft
02/18/2022 02/18/22 Off Market $112,934 -- --
02/18/2022 02/18/22 For Sale $125,000 +10.7% $127 / Sq Ft
02/16/2022 02/16/22 Off Market $112,934 -- --
02/16/2022 02/16/22 For Sale $130,000 -- $132 / 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 $2,016 $102,500 $11,300 $91,200
2023 $1,872 $102,500 $11,300 $91,200
2022 $1,858 $79,400 $9,200 $70,200
2021 $1,732 $79,400 $9,200 $70,200
2020 $1,800 $69,400 $8,100 $61,300
2019 $1,554 $69,400 $8,100 $61,300
2018 $1,538 $57,800 $6,700 $51,100
2017 $1,464 $57,800 $6,700 $51,100
2016 $1,426 $54,100 $6,200 $47,900
2015 $1,426 $54,100 $6,200 $47,900
2014 $1,376 $51,800 $6,100 $45,700
Source: Public Records

Agents Affiliated with this Home

  • Pennie Carroll

    Seller's Agent in 2022

    Pennie Carroll

    Pennie Carroll & Associates

    (515) 490-8025

    5 in this area

    1,268 Total Sales

    Section Image
  • Brett Opdahl

    Buyer's Agent in 2022

    Brett Opdahl

    RE/MAX

    (515) 557-0054

    1 in this area

    163 Total Sales

    Section Image
  • Michael Slavin

    Buyer Co-Listing Agent in 2022

    Michael Slavin

    RE/MAX

    (515) 491-4319

    2 in this area

    581 Total Sales

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 645851

Des Moines Area Association of REALTORS®

APN: 040-02481000000

Iowa Polk County Des Moines 50316 Capitol East

1439 Dean Ave, Des Moines, IA

This home is located at 1439 Dean Ave, Des Moines, IA 50316 since 16 February 2022 and is currently estimated at $130,881, approximately $133 per square foot. This property was built in 1905. 1439 Dean Ave is a home located in Polk County with nearby schools including Capitol View Elementary School, Hiatt Middle School, and East 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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