NOT LISTED FOR SALE

Estimated Value: $175,076 - $191,000

-- Bed
3 Baths
2,221 Sq Ft
$82/Sq Ft Est. Value

Last Sold September 28, 2021

Last sale price $152,000 $68 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,331/month

196 Days on Market

Highlights

  • 4 Kitchens
  • Laundry Room
  • Forced Air Heating System
  • No HOA
  • Storage

About This Home

As of September 2021

Cash flow opportunity here! Well maintained east side 4 plex features 1- 3 bedroom, 1- 2 bedroom, 1- 1 bedroom, 1- studio apartment. Building is structurally and mechanically sound. Has newer roof & coin op laundry. Seller will be providing a multi unit home warranty in the sale. Call your agent today.

Last Listed By

Derek Veldhouse

RE/MAX Concepts Listed on: 03/12/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 8,250 Sq Ft Lot
  • Lot Dimensions are 55x150

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 2,221 Sq Ft Home
  • 2-Story Property
  • Storage
  • Laundry Room
  • 4 Kitchens
  • Finished Basement

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 04005731000000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $2,570

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: 70.19
  • Sp Amt Sq Ft: 68.44
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 4
  • Stoves Total: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Third Floor Full Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Finished
  • Sq Ft Bsmt: 1583
  • Kitchens: 4
  • Laundry: Yes
  • Storage: Yes
  • Half Bathrooms: 1
  • Living Area Sq Ft: 2221
  • Total Sq Ft: 2221

Exterior Features

  • Exterior: Brick
  • Foundation: Brick

Utilities

  • Air Conditioner: None
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1890
  • Lot S F: 8250
  • Lot Size: 55X150
  • Assessor Parcel Number: 04005731000000
  • Zoning: R1-60

Rental Info

  • Furnished: Yes
  • Landlord Tenant Utilities: Gas Landlord, Water Landlord

Tax Info

  • Gross Taxes: 4089.00
  • Net Taxes: 4089.00

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Sep 28, 2021
Sold by
Hodges Jana
Bought by
Taylor Megan L and Taylor Jonathan S
Seller's Agent
Derek Veldhouse
RE/MAX Concepts
Buyer's Agent
Tammy Sparks
Realty ONE Group Impact
List Price
$159,900
Sold Price
$152,000
Premium/Discount to List
-$7,900
-4.94%
Total Days on Market
196
Current Estimated Value
$183,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,038
Original Mortgage
$91,200
Outstanding Balance
$84,955
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 19, 2016
Closed on
Aug 29, 2016
Sold by
Waters Thomas and Waters Karna
Bought by
Hodges Jana
Seller's Agent
Ellen Fitzpatrick
Ellen Fitzpatrick Real Estate
Buyer's Agent
Derek Veldhouse
RE/MAX Concepts
List Price
$115,000
Sold Price
$115,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%

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 Buyer Sale Price Title Company
Taylor Megan L $152,000 None Available
Hodges Jana $115,075 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Megan L $91,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2021 09/28/21 Sold $152,000 -2.5% $68 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
06/18/2021 06/18/21 Price Changed $155,900 -2.5% $70 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $159,900 0.0% $72 / Sq Ft
03/12/2021 03/12/21 For Sale $159,900 +39.0% $72 / Sq Ft
08/31/2016 08/31/16 Sold $115,000 0.0% $52 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
07/19/2016 07/19/16 For Sale $115,000 -- $52 / 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 $3,796 $193,000 $15,700 $177,300
2023 $3,700 $193,000 $15,700 $177,300
2022 $4,324 $157,000 $13,100 $143,900
2021 $3,852 $157,000 $13,100 $143,900
2020 $4,326 $129,000 $11,900 $117,100
2019 $3,790 $129,000 $11,900 $117,100
2018 $4,030 $107,000 $11,900 $95,100
2017 $3,782 $107,000 $11,900 $95,100
2016 $3,942 $96,500 $10,000 $86,500
2015 $3,942 $96,500 $10,000 $86,500
2014 $3,846 $86,000 $10,000 $76,000
Source: Public Records

Agents Affiliated with this Home

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Source: Des Moines Area Association of REALTORS®

MLS Number: 624058

Des Moines Area Association of REALTORS®

APN: 040-05731000000