NOT LISTED FOR SALE

1700 E 9th St Des Moines, IA 50316

Union Park Neighborhood

Estimated Value: $215,000 - $225,153

-- Bed
4 Baths
2,358 Sq Ft
$93/Sq Ft Est. Value

Last Sold October 11, 2016

Last sale price $105,000 $45 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,464/month

42 Days on Market

Highlights

  • 4 Kitchens
  • Laundry Room
  • Hot Water Heating System
  • No HOA
  • Storage
  • 3-minute walk to Union Park

About This Home

As of October 2016

Excellent income property just steps to Union Park, Birdland marina and bike trail. Recent exterior updates. Owner pays all utilities on this. Current total monthly rent = $2,525, Gas & Electric 2 yr average per MidAmerican= $374/month. Water 1 yr average per DM Water Works = $195/month.

Last Agent to Sell the Property

Russell Graber

LPT Realty, LLC Listed on: 08/24/2016

LPT Realty, LLC

Last Buyer's Agent

Lance Martinson

RE/MAX Revolution

RE/MAX Revolution

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

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

Home Design

  • Brick Foundation
  • Vinyl Siding

Interior Spaces

  • 4 Full Bathrooms
  • 2,358 Sq Ft Home
  • 2-Story Property
  • Storage
  • Laundry Room
  • 4 Kitchens
  • Unfinished Basement

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Gross Income $2,525

Listing and Financial Details

  • Assessor Parcel Number 11005911000000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 48.77
  • Sp Amt Sq Ft: 44.53
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 4
  • Stoves Total: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • First Floor Full Bathrooms: 3
  • Full Bathrooms: 1
  • Basement Description: Unfinished
  • Kitchens: 4
  • Laundry: Yes
  • Storage: Yes
  • Living Area Sq Ft: 2358
  • Total Sq Ft: 2358

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Brick
  • Paved: Yes
  • Sidewalk: Y

Utilities

  • Air Conditioner: Window Unit
  • Heat: Hot Water

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Lot Info

  • Acres: 0.1720
  • Lot S F: 7500
  • Lot Size: 50X150
  • Assessor Parcel Number: 11005911000000
  • Zoning: R1-60

Rental Info

  • Deposit: Yes
  • Furnished: No

Tax Info

  • Gross Taxes: 4250.00
  • Net Taxes: 4250.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2023
Sold by
Spigport Ia Llc
Bought by
Ndoutoume Dorian Rita Hesseng
Current Estimated Value
$220,077

Purchase Details

Closed on
Apr 21, 2020
Sold by
Bbt Rentals Llc
Bought by
Spigport Ia Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.3%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 27, 2017
Sold by
Amen Corner Llc
Bought by
Bbt Rentals Llc

Purchase Details

Closed on
Nov 22, 2006
Sold by
Noble Homes Inc
Bought by
Baker Interiors Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 2001
Sold by
Afm Ministries Inc
Bought by
Reed Bishop Jeremiah and Reed Willie Mae

Purchase Details

Closed on
Jan 16, 2001
Sold by
Borg Diane L and Saunders Diane L
Bought by
Noble Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.07%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Ndoutoume Dorian Rita Hesseng $180,000 --
Spigport Ia Llc $115,000 None Available
Bbt Rentals Llc $114,000 None Available
Baker Interiors Llc $102,500 None Available
Reed Bishop Jeremiah -- --
Noble Homes Inc $69,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Spigport Ia Llc $200,000
Previous Owner Baker Interiors Llc $140,000
Previous Owner Noble Homes Inc $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2016 10/11/16 Sold $105,000 -8.7% $45 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
08/24/2016 08/24/16 For Sale $115,000 -- $49 / 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
2025 $3,690 $214,000 $20,700 $193,300
2024 $3,690 $198,000 $18,200 $179,800
2023 $3,794 $198,000 $18,200 $179,800
2022 $4,434 $161,000 $15,200 $145,800
2021 $3,942 $161,000 $15,200 $145,800
2020 $4,428 $132,000 $13,800 $118,200
2019 $3,896 $132,000 $13,800 $118,200
2018 $4,144 $110,000 $14,000 $96,000
2017 $4,076 $110,000 $14,000 $96,000
2016 $4,250 $104,000 $11,500 $92,500
2015 $4,250 $104,000 $11,500 $92,500
2014 $4,136 $92,500 $11,500 $81,000
Source: Public Records

Agents Affiliated with this Home

  • Russell Graber

    Seller's Agent in 2016

    Russell Graber

    LPT Realty, LLC

    (515) 707-6008

    4 Total Sales

    Russell Graber
    Section Image
  • Lance Martinson

    Buyer's Agent in 2016

    Lance Martinson

    RE/MAX

    (515) 371-8765

    4 in this area

    341 Total Sales

    Lance Martinson
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 524416

Des Moines Area Association of REALTORS®

APN: 110-05911000000

Iowa Polk County Des Moines 50316 Union Park

1700 E 9th St, Des Moines, IA

Not Listed for Sale

MultiFamily

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