$189,000
SOLD AUG 29, 2025

1505 E Court Ave Des Moines, IA 50316

Capitol East Neighborhood
-- Bed
1 Bath
1,683 Sq Ft
8,715 Sq Ft Lot

Recently Sold

$112 Per Sq Ft

1% Above List Price

94 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Carpet
  • Laundry Room

About This Home

As of August 2025

Located near State Capital and convenient to downtown Des Moines. Each side hosts 2 bedrooms, 1 bath and an enclosed front porch. All appliances stay. Each unit is metered separately. Presently tenants pay electric, gas, water, and garbage. Ample off street parkin in back.

Last Agent to Sell the Property

Eldon Hutcheson

Nerem & Assoc. Listed on: 05/21/2025

Last Buyer's Agent

Samuele Davis

RE/MAX Results

RE/MAX Results

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,732

Year Built

  • Built in 1876

Lot Details

  • 8,715 Sq Ft Lot
  • Lot Dimensions are 52' x 166'

Parking

  • Driveway

Home Design

  • Brick Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1 Full Bathroom
  • 1,683 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Partial Basement
  • Laundry Room

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 040/03232-000-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,732

Year Built

Built in 1876

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 110.81
  • Sp Amt Sq Ft: 112.30
  • Year Built: 1876
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 1
  • Stoves Total: 1
  • Interior Amenities: Carpeting, See Remarks
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Partial
  • Kitchens: 1
  • Laundry: Yes
  • Living Area Sq Ft: 1683
  • Total Sq Ft: 1683

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Brick
  • Paved: Yes
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete

Utilities

  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: 2
  • Services: See Remarks

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Lot Info

  • Lot S F: 8715
  • Lot Shape: Regular
  • Lot Size: 52' X 166'
  • Assessor Parcel Number: 040/03232-000-000
  • Zoning: res

Rental Info

  • Deposit: Yes
  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Landlord, Misc Exp Landlord, Taxes Owner, Water Tenant

Tax Info

  • Gross Taxes: 2732.00
  • Net Taxes: 2732.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2025
Closed on
Aug 21, 2025
Sold by
Twait Jackson Dale
Bought by
Nielsen Isaac A
Seller's Agent
Eldon Hutcheson
Nerem & Assoc.
Buyer's Agent
Samuele Davis
RE/MAX Results
List Price
$186,500
Sold Price
$189,000
Premium/Discount to List
$2,500
1.34%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-25.92%
Original Mortgage
$113,400
Outstanding Balance
$113,302
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$66,841

Purchase Details

Closed on
Aug 16, 2022
Sold by
Hawbaker and Courtney
Bought by
Twait Jackson Dale

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,000
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2019
Sold by
Gt Real Estate Investments Llc
Bought by
Hawbaker Steven and Hawbaker Courtney

Purchase Details

Closed on
Jan 2, 2018
Sold by
Hawbaker Joseph W
Bought by
Gt Real Estate Investments Llc

Purchase Details

Closed on
Feb 17, 2009
Sold by
Klein David M and Klein Susan K
Bought by
Ngc Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
5.06%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 13, 2009
Sold by
Ngc Development Llc
Bought by
Hawbaker Joseph W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,500
Interest Rate
5.06%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $189,000 None Listed On Document
Warranty Deed $189,000 None Listed On Document
Warranty Deed $153,000 None Listed On Document
Warranty Deed $138,000 None Available
Warranty Deed $50,000 None Available
Warranty Deed $28,000 None Available
Corporate Deed $49,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $113,400 New Conventional
Closed $113,400 New Conventional
Previous Owner $122,000 New Conventional
Previous Owner $37,500 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2025 08/29/25 Sold $189,000 +1.3% $112 / Sq Ft
08/23/2025 08/23/25 Pending -- -- --
07/14/2025 07/14/25 For Sale $186,500 0.0% $111 / Sq Ft
05/27/2025 05/27/25 Pending -- -- --
05/21/2025 05/21/25 For Sale $186,500 -- $111 / 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 $2,670 $154,500 $15,600 $138,900
2024 $2,670 $135,700 $13,600 $122,100
2023 $1,904 $135,700 $13,600 $122,100
2022 $1,890 $80,800 $11,000 $69,800
2021 $1,756 $80,800 $11,000 $69,800
2020 $1,826 $70,400 $9,700 $60,700
2019 $1,744 $70,400 $9,700 $60,700
2018 $1,909 $64,900 $8,000 $56,900
2017 $1,620 $64,900 $8,000 $56,900
2016 $1,578 $59,900 $7,400 $52,500
2015 $1,578 $59,900 $7,400 $52,500
2014 $1,474 $57,600 $7,300 $50,300
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2025

    Eldon Hutcheson

    Nerem & Assoc.

    (515) 298-1082

    1 in this area

    89 Total Sales

    Eldon Hutcheson
    Section Image

  • S

    Buyer's Agent in 2025

    Samuele Davis

    RE/MAX Results

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 718577

Des Moines Area Association of REALTORS®

APN: 040-03232000000

Iowa Polk County Des Moines 50316 Capitol East

1505 E Court Ave, Des Moines, IA

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