1621 E 9th St Des Moines, IA 50316
Union Park NeighborhoodEstimated Value: $159,284 - $232,000
--
Bed
4
Baths
3,244
Sq Ft
$60/Sq Ft
Est. Value
Highlights
- 4 Kitchens
- Storage
- 3-minute walk to Union Park
- Laundry Room
- Forced Air Heating System
About This Home
As of June 20154-Plex incoming producing property. All apartments have separate meters and tenants pay all gas and electric. Attached 1 car garage and large unfinished basement offering large storage areas. Laundry hookups for both first floor apartments located in basement with access from apartments. 2 second floor apartments with large patio balconies for each. Hardwood floors throughout. Many windows and doors have been replaced and upgraded. New balconies and exit stairs installed in 2006. Monthly rental income is $2000. 3 apartments are 1BR and 1 apartment is a 2BR. Long term tenants in 3 apartments for 2 to 4 years. 1 Apartment has a new tenant as of February 2015. Unfinished attic offers possible expansion of Apartment 2. Des Moines Certificate of Inspection is valid through March 26, 2016.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1900
Lot Details
- 5,400 Sq Ft Lot
- Lot Dimensions are 50 x 108
Parking
- 1 Car Attached Garage
Home Design
- Brick Foundation
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Storage
- Laundry Room
- Unfinished Basement
- Walk-Out Basement
- 4 Kitchens
Utilities
- No Cooling
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 11005925000000
Community Details
Overview
- 4 Units
Building Details
- Operating Expense $910
- Gross Income $2,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 17, 2017
Sold by
Baugh Charles
Bought by
Baugh Ashly
Total Days on Market
63
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,300
Interest Rate
4.19%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Listed on
Apr 6, 2015
Closed on
Jun 10, 2015
Sold by
Springer Dean E and Springer Mary
Bought by
Baugh Charles and Baugh Ashly
Seller's Agent
Greg Simms
BHHS First Realty Westown
Buyer's Agent
Jeremy McMulin
RE/MAX Revolution
List Price
$99,000
Sold Price
$95,000
Premium/Discount to List
-$4,000
-4.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%
Original Mortgage
$71,250
Interest Rate
0.78%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 21, 1999
Sold by
North American Svgs Bank Fsb
Bought by
Springer Dean E
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Similar Homes in Des Moines, IA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Baugh Ashly | -- | None Available | |
| Baugh Charles | $95,000 | None Available | |
| Springer Dean E | $59,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Baugh Ashly | $157,500 | |
| Closed | Baugh Ahsly | $104,300 | |
| Closed | Baugh Ashly | $104,300 | |
| Closed | Baugh Charles | $71,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/16/2015 06/16/15 | Sold | $95,000 | -4.0% | $29 / Sq Ft |
| 06/08/2015 06/08/15 | Pending | -- | -- | -- |
| 04/06/2015 04/06/15 | For Sale | $99,000 | -- | $31 / 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 | $3,718 | $189,000 | $13,100 | $175,900 |
| 2023 | $3,630 | $189,000 | $13,100 | $175,900 |
| 2022 | $4,242 | $154,000 | $10,900 | $143,100 |
| 2021 | $3,762 | $154,000 | $10,900 | $143,100 |
| 2020 | $4,226 | $126,000 | $10,000 | $116,000 |
| 2019 | $3,718 | $126,000 | $10,000 | $116,000 |
| 2018 | $3,954 | $105,000 | $10,000 | $95,000 |
| 2017 | $3,918 | $105,000 | $10,000 | $95,000 |
| 2016 | $4,658 | $100,000 | $8,500 | $91,500 |
| 2015 | $4,658 | $114,000 | $8,500 | $105,500 |
| 2014 | $4,334 | $101,000 | $8,500 | $92,500 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Simms
G
Seller's Agent in 2015
Greg Simms
BHHS First Realty Westown
(515) 779-1203
13 Total Sales
-
Jeremy McMulin
J
Buyer's Agent in 2015
Jeremy McMulin
RE/MAX
3 in this area
35 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 451831
APN: 110-05925000000
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