$179,900
SOLD FEB 26, 2021

1513 Des Moines St Des Moines, IA 50316

Capitol East Neighborhood
-- Bed
-- Bath
2,806 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$64 Per Sq Ft

0 Day on Market

Highlights

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • 4-minute walk to Stewart Square Park
  • Vinyl Flooring

About This Home

As of October 2021

Income 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 and off-street parking space. 3 separate furnace and 3 separate water heater, all utilities are tenants' responsibility. 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. Unit 2 (upstairs, front unit) is a 2 bedroom unit, with living room, dining space, kitchen, full bathroom, and in unit laundry. Unit 3 (ground level) is a 3 bedroom unit, with living room, dining area, kitchen, full bathroom, and in unit laundry. All appliances included with the sale. Total rent at full tenancy was $2,120 per month.

Last Agent to Sell the Property

Jenn Ho Goh

Realty One Group Impact License #S66989 Listed on: 01/31/2021

Last Buyer's Agent

Member Non

CENTRAL IOWA BOARD OF REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,923

Year Built

  • Built in 1901

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150

Home Design

  • Brick Foundation
  • Stucco

Interior Spaces

  • 2,806 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Laminate
  • Vinyl

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • 3 Units
  • Gross Income $25,440

Listing and Financial Details

  • Assessor Parcel Number 04005195000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,923

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.17
  • Lot Size: 50x150
  • Directions: East of E 14th and Des Moines St, south side of street on Des Moines St.
  • Architectural Style: Other
  • Garage Yn: No
  • Year Built: 1901
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Water Heater:Gas: Yes
  • Floor:Laminate: Yes
  • Floor:Vinyl2: Yes
  • Foundation:Brick2: Yes
  • Keywords:Architectural Style2: Other
  • Exterior:Stucco: Yes
  • Cooling:Window Unit(s): Yes
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Flooring: Vinyl, Laminate
  • Basement:Full2: Yes

Exterior Features

  • Construction Type: Stucco
  • Foundation Details: Brick/Mortar

Garage/Parking

  • Keywords:Garage Capacity3: None
  • Keywords:Garage Type3: None
  • Keywords:Parking Spaces2: 1 - 5 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Natural Gas: Yes

Schools

  • Junior High Dist: Des Moines

Lot Info

  • Lot Size Sq Ft: 7500.0
  • Parcel #: 04005195000000
  • Zoning: RX1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Who Pays Trash: Tenant
  • Who Pays Water: Tenant

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 25440.0

Tax Info

  • Tax Annual Amount: 2923.25

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
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 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: Central Iowa Board 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 $3,010 $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

    Seller's Agent in 2025

    Darson Grantham

    Keller Williams Realty GDM

    (641) 745-0156

    5 in this area

    212 Total Sales

    Darson Grantham
    Section Image

  • 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

    Bethany Cochran
    Section Image
  • Marceen Peters

    Seller Co-Listing Agent in 2021

    Marceen Peters

    RE/MAX

    (515) 778-3014

    1 in this area

    219 Total Sales

    Marceen Peters
    Section Image

  • 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

    Heath Moulton
    Section Image
See All Agents

Map

Source: Central Iowa Board of REALTORS®

MLS Number: 56700

APN: 040-05195000000

Iowa Polk County Des Moines 50316 Capitol East

1513 Des Moines St, Des Moines, IA

This home is located at 1513 Des Moines St, Des Moines, IA 50316 and is currently priced at $179,900, approximately $64 per square foot. This property was built in 1901. 1513 Des Moines St is a home located in Polk County with nearby schools including Capitol View Elementary School, Hiatt Middle School, and East High School.

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