NOT LISTED FOR SALE
-- Bed
7 Baths
7,404 Sq Ft
4,800 Sq Ft Lot

Last Sold September 18, 2018

Last sale price $375,000 $51 Per Sq Ft

43 Days on Market

Highlights

  • 7 Kitchens
  • Laundry Room
  • Hot Water Heating System
  • No HOA
  • Storage

About This Home

As of September 2018

Historic charm in this downtown 3 story, brick apartment building, built in 1913, in Sherman Hill. This complex has seven units, each with over 900 sf of living area, large living room, dining area, galley kitchen, 2 bedrooms, full bath and a bonus room. Tenants pay $750 per month (6 units occupied and lower level is vacant) and are responsible for electric service. Landlord pays for water and heating system (boiler / radiators). Updates include newer boiler and rubber roof. Can easily be converted to a condominium complex. In the meantime, you could live in one of the units and have the building pay for itself!!!!

Last Agent to Sell the Property

Joe Henry

Iowa Realty South Listed on: 08/06/2018

Iowa Realty South

Co-Listed By

Susan Henry

Iowa Realty South

Last Buyer's Agent

Jeffrey Horner

Gillum Group Real Estate LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,314

Year Built

  • Built in 1913

Lot Details

  • 4,800 Sq Ft Lot
  • Lot Dimensions are 60x80

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof

Interior Spaces

  • 7,404 Sq Ft Home
  • 3-Story Property
  • Storage
  • Laundry Room
  • Partial Basement
  • 7 Kitchens

Utilities

  • No Cooling
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 03000348000000

Community Details

Overview

  • No Home Owners Association
  • 7 Units

Building Details

  • Gross Income $4,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,314

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Three Story
  • Lp Amt Sq Ft: 60.78
  • Sp Amt Sq Ft: 50.65
  • Termite: Call Listing Agent
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Disposals: 7
  • Refrigerators: 7
  • Stoves Total: 7
  • Total Bathrooms: 7.00
  • Full Bathrooms: 7
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 6
  • Basement Description: Partial
  • Sq Ft Bsmt: 3455
  • Sq Ft Fin Bsmt: 987
  • Kitchens: 7
  • Laundry: Yes
  • Storage: Yes
  • Living Area Sq Ft: 7404
  • Total Sq Ft: 7404

Exterior Features

  • Exterior: Brick
  • Foundation: Brick
  • Paved: Yes
  • Roof: Rubber
  • Sidewalk: Y
  • Street Feature: Concrete

Garage/Parking

  • Off Street Parking: YES

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: None
  • Heat: Hot Water
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No
  • Manager: Yes

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1100
  • Lot S F: 4800
  • Lot Size: 60X80
  • Assessor Parcel Number: 03000348000000
  • Zoning: R-HD

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Landlord, Misc Exp Landlord, Water Landlord

Tax Info

  • Gross Taxes: 8314.00
  • Net Taxes: 8314.00
  • Tax Year: 2018

Multi Family

  • Total Units: 7

MLS Schools

  • School District: Des Moines Independent

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2018 09/18/18 Sold $375,000 -16.7% $51 / Sq Ft
08/19/2018 08/19/18 Pending -- -- --
08/06/2018 08/06/18 For Sale $450,000 -- $61 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 566880

Des Moines Area Association of REALTORS®