NOT LISTED FOR SALE

1456 Dean Ave Des Moines, IA 50316

Capitol East Neighborhood

Estimated Value: $249,000 - $326,337

-- Bed
3 Baths
3,306 Sq Ft
$87/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $268,000 $81 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,763/month

7 Days on Market

Highlights

  • 4 Kitchens
  • No HOA
  • 5-minute walk to Stewart Square Park
  • Corner Lot
  • Forced Air Heating System

About This Home

As of May 2023

Take a look at this cash flowing 4plex property located minutes away from the East Village Down Town, Des Moines! Easy high way access. This property is 100% occupied, and new rental certificate prior to close! Units have laundry, plus room to raise rents. Property Management on property can stay with new owner if needed. If you are a new investor purchase this property, occupy, and live free with small down payment no higher then %5! Call today for more information and or showing. All information obtained from seller and public records.

Last Agent to Sell the Property

Gilbert Gonzales

RE/MAX Precision Listed on: 03/24/2023

RE/MAX Precision

Last Buyer's Agent

Donna Levering

Keller Williams Realty GDM

Keller Williams Realty GDM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,022

Year Built

  • Built in 1900

Lot Details

  • 5,773 Sq Ft Lot
  • Corner Lot

Parking

  • Gravel Driveway

Home Design

  • Asphalt Shingled Roof

Interior Spaces

  • 3,306 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Kitchen

  • 4 Kitchens
  • Stove

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 04002477000000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $450
  • Gross Income $2,725

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,022

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 80.16
  • Sp Amt Sq Ft: 81.06
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 4
  • Stoves Total: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Unfinished
  • Kitchens: 4
  • Included Items: Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 3306
  • Total Sq Ft: 3306

Exterior Features

  • Exterior: See Remarks
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Oak

Garage/Parking

  • Driveway: Gravel

Utilities

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

Condo/Co-op/Association

  • Association Fee: No
  • Manager: Yes

Fee Information

  • Total Expense: 450

Lot Info

  • Acres: 0.1330
  • Lot S F: 5773
  • Lot Shape: Corner Lot
  • Assessor Parcel Number: 04002477000000
  • Zoning: N3C-4

Tax Info

  • Gross Taxes: 3022.50
  • Net Taxes: 3022.50

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2022
Closed on
Sep 28, 2022
Sold by
Honey Investments Llc
Bought by
Ruiz Michael and Ruiz Christian
Seller's Agent
OUTSIDE AGENT
OTHER
Buyer's Agent
Elizabeth Keller
CHASE Collective
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$287,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,669
Avg. Annual Appreciation
8.36%
Original Mortgage
$168,750
Outstanding Balance
$161,736
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$125,933

Purchase Details

Listed on
Sep 14, 2018
Closed on
Oct 26, 2018
Sold by
Garwood Sherian K
Bought by
Honey Investments Llc
Seller's Agent
Zineta Imamovic
Realty ONE Group Impact
Buyer's Agent
Patrick Pena
Realty ONE Group Impact
List Price
$67,500
Sold Price
$90,000
Premium/Discount to List
$22,500
33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.26%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ruiz Michael $225,000 --
Honey Investments Llc $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Michael $168,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/25/2023 05/25/23 Sold $268,000 +1.1% $81 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $265,000 +17.8% $80 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
10/05/2022 10/05/22 Sold $225,000 0.0% $68 / Sq Ft View Prior Sale
10/05/2022 10/05/22 For Sale $225,000 +150.0% $68 / Sq Ft
10/31/2018 10/31/18 Sold $90,000 +33.3% $27 / Sq Ft View Prior Sale
10/31/2018 10/31/18 Pending -- -- --
09/14/2018 09/14/18 For Sale $67,500 -- $20 / 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
2025 $3,088 $170,000 $19,500 $150,500
2024 $3,088 $157,000 $17,100 $139,900
2023 $3,016 $157,000 $17,100 $139,900
2022 $3,526 $128,000 $14,300 $113,700
2021 $3,136 $128,000 $14,300 $113,700
2020 $3,522 $105,000 $13,000 $92,000
2019 $3,098 $105,000 $13,000 $92,000
2018 $3,296 $87,500 $13,000 $74,500
2017 $3,096 $87,500 $13,000 $74,500
2016 $3,228 $79,000 $10,800 $68,200
2015 $3,228 $79,000 $10,800 $68,200
2014 $3,152 $70,500 $10,800 $59,700
Source: Public Records

Agents Affiliated with this Home

  • Gilbert Gonzales

    Seller's Agent in 2023

    Gilbert Gonzales

    RE/MAX Precision

    (641) 691-2642

    2 in this area

    277 Total Sales

    Gilbert Gonzales
    Section Image
  • Donna Levering

    Buyer's Agent in 2023

    Donna Levering

    Keller Williams Realty GDM

    (515) 306-0171

    1 in this area

    44 Total Sales

    Donna Levering
    Section Image

  • O

    Seller's Agent in 2022

    OUTSIDE AGENT

    OTHER

    10 in this area

    5,699 Total Sales

    OUTSIDE AGENT
    Section Image
  • Elizabeth Keller

    Buyer's Agent in 2022

    Elizabeth Keller

    CHASE Collective

    (515) 423-5607

    5 in this area

    287 Total Sales

    Elizabeth Keller
    Section Image
  • Liz Prue

    Buyer's Agent in 2022

    Liz Prue

    RE/MAX

    (515) 423-5607

    5 in this area

    154 Total Sales

    Liz Prue
    Section Image
  • Zineta Imamovic

    Seller's Agent in 2018

    Zineta Imamovic

    Realty ONE Group Impact

    (515) 556-6854

    94 Total Sales

    Zineta Imamovic
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 669701

Des Moines Area Association of REALTORS®

APN: 040-02477000000

Iowa Polk County Des Moines 50316 Capitol East

1456 Dean Ave, Des Moines, IA

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