NOT LISTED FOR SALE

Estimated Value: $208,000

-- Bed
4 Baths
1,960 Sq Ft
$106/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $179,500 $92 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,418/month

35 Days on Market

Highlights

  • 4 Kitchens
  • No HOA
  • Forced Air Heating System

About This Home

As of April 2022

Fully tenanted fourplex on the East Side of Des Moines for sale! Two 1-bedroom 1 bathroom unit and two efficiency unit. One unit fully updated with new flooring and new paint. All four units have current tenants. Active rental certificate. Income producing property with good tenants in them, call your favorite realtor for details!

Last Agent to Sell the Property

Jenn Ho Goh

GoSynergy Realty Listed on: 03/09/2022

Last Buyer's Agent

Rainey Cook

Realty ONE Group Impact

Realty ONE Group Impact

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,991

Year Built

  • Built in 1906

Lot Details

  • 7,809

Parking

  • Gravel Driveway

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 4 Full Bathrooms
  • 1,960 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Kitchen

  • 4 Kitchens
  • Stove

Additional Features

  • 7,809 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 11004480000000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Recreation

  • Snow Removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,991

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 101.99
  • Sp Amt Sq Ft: 91.58
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 4
  • Stoves Total: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • First Floor Full Bathrooms: 4
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1176
  • Kitchens: 4
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 1960
  • Total Sq Ft: 1960

Exterior Features

  • Exterior: Metal Siding
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Paint

Garage/Parking

  • Driveway: Gravel

Utilities

  • Sewer: City
  • Water: City
  • Heat: Gas Forced Air
  • Services: Exterior Maint./Bldg., Lawn Care, Snow Removal

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1790
  • Lot S F: 7809
  • Lot Shape: Regular
  • Assessor Parcel Number: 11004480000000
  • Zoning: RX1

Rental Info

  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Taxes Owner, Water Landlord

Tax Info

  • Gross Taxes: 3991.18
  • Net Taxes: 3991.18

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Apr 20, 2022
Sold by
Cam Fund 2020 Llc
Bought by
Web Iii Investments Llc
Seller's Agent
Jenn Ho Goh
GoSynergy Realty
Buyer's Agent
Rainey Cook
Realty ONE Group Impact
List Price
$199,900
Sold Price
$179,500
Premium/Discount to List
-$20,400
-10.21%
Current Estimated Value
$208,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,500
Avg. Annual Appreciation
7.40%
Original Mortgage
$143,600
Outstanding Balance
$134,534
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$91,659

Purchase Details

Closed on
Sep 28, 2020
Sold by
Smith Garry and Smith Lila
Bought by
Cam Fund 2020 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,800
Interest Rate
2.9%
Mortgage Type
Construction
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
Web Iii Investments Llc $179,500 None Listed On Document
Cam Fund 2020 Llc $133,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Web Iii Investments Llc $143,600
Previous Owner Cam Fund 2020 Llc $121,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2022 04/20/22 Sold $179,500 -10.2% $92 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $199,900 -- $102 / 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 $3,226 $164,000 $17,300 $146,700
2023 $3,134 $164,000 $17,300 $146,700
2022 $3,664 $133,000 $14,500 $118,500
2021 $3,404 $133,000 $14,500 $118,500
2020 $3,824 $114,000 $13,200 $100,800
2019 $3,364 $114,000 $13,200 $100,800
2018 $3,578 $95,000 $13,200 $81,800
2017 $3,370 $95,000 $13,200 $81,800
2016 $3,514 $86,000 $11,000 $75,000
2015 $3,514 $86,000 $11,000 $75,000
2014 $3,420 $76,500 $11,000 $65,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 647176

Des Moines Area Association of REALTORS®

APN: 110-04480000000