1507 E 12th St Des Moines, IA 50316
Capitol Park NeighborhoodAbout This Home
As of March 20252 units with nice cash flow. Both units are occupied with month to month leases. One tenant has been in property 13+ years while the other tenant has been in unit over 3 years. All information obtained from Seller and public records.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,151
Year Built
- Built in 1922
Lot Details
- 9,240 Sq Ft Lot
- Lot Dimensions are 70x132
Parking
- 2 Car Detached Garage
Home Design
- Brick Exterior Construction
- Block Foundation
Interior Spaces
- 2,203 Sq Ft Home
- 2-Story Property
- 2 Kitchens
- Unfinished Basement
Community Details
- No Home Owners Association
- Gross Income $1,400
Listing and Financial Details
- Assessor Parcel Number 08006557001000
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/27/2025 03/27/25 | Sold | $300,000 | -7.7% | $136 / Sq Ft |
| 02/25/2025 02/25/25 | Pending | -- | -- | -- |
| 09/20/2024 09/20/24 | For Sale | $324,900 | +415.7% | $147 / Sq Ft |
| 01/31/2022 01/31/22 | Sold | $63,000 | +26.0% | $29 / Sq Ft |
| 01/28/2022 01/28/22 | Pending | -- | -- | -- |
| 01/05/2022 01/05/22 | For Sale | $50,000 | -49.5% | $23 / Sq Ft |
| 11/06/2020 11/06/20 | Sold | $99,000 | -29.2% | $45 / Sq Ft |
| 09/30/2020 09/30/20 | Pending | -- | -- | -- |
| 06/19/2020 06/19/20 | For Sale | $139,900 | +656.2% | $64 / Sq Ft |
| 12/29/2014 12/29/14 | Sold | $18,500 | +8.8% | $15 / Sq Ft |
| 11/29/2014 11/29/14 | Pending | -- | -- | -- |
| 11/11/2014 11/11/14 | For Sale | $17,000 | -- | $13 / Sq Ft |
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 | $1,460 | $74,200 | $18,900 | $55,300 |
| 2023 | $1,334 | $74,200 | $18,900 | $55,300 |
| 2022 | $1,324 | $56,600 | $14,900 | $41,700 |
| 2021 | $1,232 | $56,600 | $14,900 | $41,700 |
| 2020 | $1,280 | $49,400 | $13,100 | $36,300 |
| 2019 | $1,226 | $49,400 | $13,100 | $36,300 |
| 2018 | $1,605 | $45,600 | $11,900 | $33,700 |
| 2017 | $1,152 | $45,600 | $11,900 | $33,700 |
| 2016 | $2,617 | $42,600 | $11,100 | $31,500 |
| 2015 | $1,122 | $42,600 | $11,100 | $31,500 |
| 2014 | $972 | $45,300 | $11,700 | $33,600 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $124,000 | Credit Line Revolving | |
| Closed | $124,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $20,000 | Credit Line Revolving |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $18,500 | Servicelink | |
| Sheriffs Deed | $4,124 | None Available |
Source: Des Moines Area Association of REALTORS®
MLS Number: 607989
APN: 110-01348000000
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