Seller's Agent in 2025
Darson Grantham
Keller Williams Realty GDM
(641) 745-0156
5 in this area
212 Total Sales
1513 Des Moines St Des Moines, IA 50316
Capitol East Neighborhood
--
Bed
3
Baths
2,806
Sq Ft
7,500
Sq Ft Lot
Highlights
- 3 Kitchens
- Laundry Room
- Forced Air Heating System
- No HOA
- Storage
- 4-minute walk to Stewart Square Park
About This Home
As of October 2021Income producing 3-plex in Des Moines! LVP floors for easy maintenance, new roof 2018, new exterior paint 2019, new exterior stairs 2020, newer vinyl windows throughout. Full concrete driveway slab for convenient parking. 3 separate furnace and 3 separate water heater.
Located close to bus line, groceries, interstate, downtown, and restaurants, making this a great rental unit. Current active rent certificate good through Sep 2021.
-Unit 1 (upstairs, back unit) is a 1 bedroom unit, with living room, dining space, kitchen, and full bathroom. ($550 rent)
- Unit 2 (upstairs, front unit) is a 2 bedroom unit, with living room, dining space, kitchen, full bathroom, and in unit laundry. (750 rent)
-Unit 3 (ground level) is a 3 bedroom unit, with living room, dining area, kitchen, full bathroom, and in unit laundry. (1000 rent)
Total rent at full tenancy was $2,300 per month. All information obtained from Seller and public records.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,571
Year Built
- Built in 1901
Lot Details
- 7,500 Sq Ft Lot
- Lot Dimensions are 50x150
Home Design
- Brick Foundation
- Rubber Roof
Interior Spaces
- 2,806 Sq Ft Home
- 2-Story Property
- Storage
- Laundry Room
- 3 Kitchens
- Unfinished Basement
Utilities
- Window Unit Cooling System
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 04005195000000
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Gross Income $27,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 28, 2021
Closed on
Oct 21, 2021
Sold by
Sowada John M
Bought by
Viking Enterprises Llc
Seller's Agent
Bethany Cochran
Agency Iowa
Buyer's Agent
Darson Grantham
Keller Williams Realty GDM
List Price
$199,999
Sold Price
$190,000
Premium/Discount to List
-$9,999
-5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.32%
Original Mortgage
$142,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 28, 2021
Closed on
Sep 9, 2021
Sold by
Chang Weiyu
Bought by
Sowada John M
Seller's Agent
Bethany Cochran
Agency Iowa
Buyer's Agent
Darson Grantham
Keller Williams Realty GDM
List Price
$199,999
Sold Price
$190,000
Premium/Discount to List
-$9,999
-5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 31, 2021
Closed on
Feb 24, 2021
Sold by
Creative Cronos Llc
Bought by
Chang Weigyu
Seller's Agent
Jenn Ho Goh
Realty One Group Impact
Buyer's Agent
Member Non
CENTRAL IOWA BOARD OF REALTORS
List Price
$179,900
Sold Price
$179,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Purchase Details
Closed on
Apr 30, 2020
Sold by
Gny Investments Llc
Bought by
Creative Cronos Llc
Purchase Details
Closed on
Mar 13, 2019
Sold by
Ccj Llc
Bought by
Gny Investments Llc
Purchase Details
Listed on
Jan 27, 2017
Closed on
Dec 1, 2017
Sold by
Ccj Llc
Bought by
Gny Investments Llc
Seller's Agent
Heath Moulton
EXP Realty, LLC
Buyer's Agent
Jenna Lago
Realty ONE Group Impact
List Price
$119,800
Sold Price
$119,800
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$189,000
Interest Rate
3.88%
Mortgage Type
Land Contract Argmt. Of Sale
Purchase Details
Closed on
Dec 30, 2015
Sold by
Lake Country Development Llc
Bought by
Viridescent 1523 Llc
Purchase Details
Closed on
Apr 22, 2008
Sold by
Carlson John C
Bought by
Ccj Llc
Purchase Details
Closed on
Dec 19, 2007
Sold by
Ackerman Thomas J and Ackerman Melanie
Bought by
Carlson John C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,425
Interest Rate
6.3%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $190,000 | None Available | |
| Warranty Deed | $180,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Land Contract | $210,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $109,500 | Itc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $142,500 | New Conventional | |
| Previous Owner | $189,000 | Land Contract Argmt. Of Sale | |
| Previous Owner | $87,917 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $82,425 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | Price Changed | $220,000 | -4.3% | $78 / Sq Ft |
| 02/13/2025 02/13/25 | For Sale | $230,000 | +21.1% | $82 / Sq Ft |
| 10/07/2021 10/07/21 | Sold | $190,000 | -2.6% | $68 / Sq Ft |
| 10/07/2021 10/07/21 | Pending | -- | -- | -- |
| 08/20/2021 08/20/21 | Price Changed | $194,999 | -2.5% | $69 / Sq Ft |
| 08/11/2021 08/11/21 | Pending | -- | -- | -- |
| 07/22/2021 07/22/21 | For Sale | $199,999 | 0.0% | $71 / Sq Ft |
| 06/28/2021 06/28/21 | For Sale | $199,999 | +11.2% | $71 / Sq Ft |
| 02/26/2021 02/26/21 | Sold | $179,900 | 0.0% | $64 / Sq Ft |
| 02/01/2021 02/01/21 | Pending | -- | -- | -- |
| 01/31/2021 01/31/21 | For Sale | $179,900 | +50.2% | $64 / Sq Ft |
| 12/21/2017 12/21/17 | Sold | $119,800 | 0.0% | $43 / Sq Ft |
| 11/01/2017 11/01/17 | Pending | -- | -- | -- |
| 01/27/2017 01/27/17 | For Sale | $119,800 | -- | $43 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $3,010 | $153,000 | $17,500 | $135,500 |
| 2023 | $2,804 | $182,000 | $17,500 | $164,500 |
| 2022 | $3,278 | $148,000 | $14,600 | $133,400 |
| 2021 | $2,748 | $148,000 | $14,600 | $133,400 |
| 2020 | $3,086 | $121,000 | $13,300 | $107,700 |
| 2019 | $3,258 | $121,000 | $13,300 | $107,700 |
| 2018 | $3,466 | $92,000 | $13,300 | $78,700 |
| 2017 | $3,460 | $92,000 | $13,300 | $78,700 |
| 2016 | $3,392 | $83,000 | $11,100 | $71,900 |
| 2015 | $3,392 | $83,000 | $11,100 | $71,900 |
| 2014 | $2,949 | $74,000 | $11,100 | $62,900 |
Source: Public Records
Agents Affiliated with this Home
-
Darson Grantham
-
J
Seller's Agent in 2021
Jenn Ho Goh
Realty One Group Impact
-
Bethany Cochran
Seller's Agent in 2021
Bethany Cochran
Agency Iowa
(515) 979-3750
3 in this area
345 Total Sales
-
Marceen Peters
Seller Co-Listing Agent in 2021
Marceen Peters
RE/MAX
(515) 778-3014
1 in this area
219 Total Sales
-
M
Buyer's Agent in 2021
Member Non
CENTRAL IOWA BOARD OF REALTORS
-
Heath Moulton
Seller's Agent in 2017
Heath Moulton
EXP Realty, LLC
(515) 965-7876
820 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 632402
APN: 040-05195000000
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.
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