$80,000
SOLD DEC 11, 2024

1655 Capitol Ave Des Moines, IA 50316

Capitol East Neighborhood
5 Beds
2 Baths
1,978 Sq Ft
0.28 Acres

Recently Sold

$40 Per Sq Ft

14% Above List Price

5 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • 3-minute walk to Redhead Park

About This Home

As of December 2024

This property has incredible potential for the right buyer willing to take on a rehab project! Currently configured with 5 bedrooms, 2 baths, and 2 kitchens, it could easily be converted back into a duplex. With a spacious layout, separate entrances, and a large 2-car detached garage, it’s a versatile investment opportunity, whether for a multi-unit rental or for an owner-occupied setup with rental income from the second unit. A great chance to put your renovation skills to work and create a custom living space or income-generating property!

Last Agent to Sell the Property

Jeff Kinion

Realty ONE Group Impact Listed on: 11/17/2024

Realty ONE Group Impact

Last Buyer's Agent

Nick Stephenson

Realty ONE Group Impact

Realty ONE Group Impact

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1903

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 70x171
  • Property is zoned N3C

Home Design

  • Block Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1,978 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Unfinished Basement

Kitchen

  • Stove
  • <<microwave>>

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Utilities

  • Window Unit Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 04005554000000

Home Details

Home Type

Single Family

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 35.39
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 40.44
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplaces: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 446
  • Included Items: Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1978
  • Total Sq Ft: 1978

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Gravel
  • Garage: 2 Detached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window Unit

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2750
  • Lot S F: 11970
  • Lot Size: 70X171
  • Assessor Parcel Number: 04005554000000
  • Zoning: N3C

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 2499.94
  • Net Taxes: 2294.06

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2024
Closed on
Dec 10, 2024
Sold by
Warnick Harold Ray
Bought by
Ivysun Capital 401K Trust
Seller's Agent
Jeff Kinion
Realty ONE Group Impact
Buyer's Agent
Nick Stephenson
Realty ONE Group Impact
List Price
$70,000
Sold Price
$80,000
Premium/Discount to List
$10,000
14.29%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
168.23%
Source: Public Records

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Range of Values:

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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
Fiduciary Deed $80,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $90,289 Unknown
Previous Owner $13,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2025 06/28/25 For Sale $240,000 +200.0% $121 / Sq Ft
12/11/2024 12/11/24 Sold $80,000 +14.3% $40 / Sq Ft
11/22/2024 11/22/24 Pending -- -- --
11/17/2024 11/17/24 For Sale $70,000 -- $35 / 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
2024 $2,364 $146,300 $14,600 $131,700
2023 $2,342 $146,300 $14,600 $131,700
2022 $2,320 $111,600 $11,800 $99,800
2021 $2,142 $111,600 $11,800 $99,800
2020 $2,218 $97,700 $10,400 $87,300
2019 $1,920 $97,700 $10,400 $87,300
2018 $1,892 $83,200 $8,600 $74,600
2017 $1,780 $83,200 $8,600 $74,600
2016 $1,728 $77,600 $8,000 $69,600
2015 $1,728 $77,600 $8,000 $69,600
2014 $1,600 $74,800 $7,900 $66,900
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2025

    Kurt Clements

    ListWithFreedom.com

    (317) 435-0510

    442 Total Sales

    Kurt Clements
    Section Image
  • Jeff Kinion

    Seller's Agent in 2024

    Jeff Kinion

    Realty ONE Group Impact

    (515) 577-1941

    2 in this area

    163 Total Sales

    Jeff Kinion
    Section Image
  • Nick Stephenson

    Buyer's Agent in 2024

    Nick Stephenson

    Realty ONE Group Impact

    (515) 508-9087

    1 in this area

    90 Total Sales

    Nick Stephenson
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 707927

Des Moines Area Association of REALTORS®

APN: 040-05554000000

Iowa Polk County Des Moines 50316 Capitol East

1655 Capitol Ave, Des Moines, IA

This home is located at 1655 Capitol Ave, Des Moines, IA 50316 and is currently priced at $80,000, approximately $40 per square foot. This property was built in 1903. 1655 Capitol Ave is a home located in Polk County with nearby schools including Capitol View Elementary School, Hiatt Middle School, and East High School.

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.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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