NOT LISTED FOR SALE

Estimated Value: $225,000

-- Bed
5 Baths
3,127 Sq Ft
$72/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $249,900 $80 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,500/month

7 Days on Market

Highlights

  • 4 Kitchens
  • Laundry Room
  • Baseboard Heating
  • No HOA
  • Luxury Vinyl Plank Tile Flooring
  • Wood Siding

About This Home

As of July 2024

Big 4 plex in prime location one block from 6th Ave development corridor and one block from new Center @ Sixth development project! The four units include a 3/1.5, 2/1, 2/1 and 1/1. Sitting in the heart of River Bend, this 4 plex offers baseboard heat throughout, new roof and gutters (2022), fully updated electrical (2010), new front porch decking (2024) and new flooring/paint in unit 2 (April 2024), along with PEX lines throughout and some new windows. Basement laundry provides convenience for the tenant and extra income for landlord. Tenant pays water as well as gas/electric. Active rental cert. Three units can be shown on short notice, 24 hour notice needed for unit 1.

Last Agent to Sell the Property

Chris Chiaramonte

Century 21 Signature Listed on: 04/24/2024

Century 21 Signature

Last Buyer's Agent

Gilbert Gonzales

RE/MAX Precision

RE/MAX Precision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,526

Year Built

  • Built in 1896

Lot Details

  • 7,920 Sq Ft Lot
  • Lot Dimensions are 60x132

Parking

  • Gravel Driveway

Home Design

  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 3,127 Sq Ft Home
  • 2-Story Property
  • Luxury Vinyl Plank Tile Flooring
  • Laundry Room
  • Unfinished Basement

Kitchen

  • 4 Kitchens
  • Stove

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 08007889000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,526

Year Built

Built in 1896

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 79.92
  • Sp Amt Sq Ft: 79.92
  • Termite: Call Listing Agent
  • Year Built: 1896
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 4
  • Stoves Total: 4
  • Interior Amenities: LVP
  • Total Bathrooms: 5.00
  • Full Bathrooms: 4
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 3
  • Partial Bath Total: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1213
  • Kitchens: 4
  • Laundry: Yes
  • Half Bathrooms: 1
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 3127
  • Partial Bathrooms: 1
  • Total Sq Ft: 3127

Exterior Features

  • Exterior: Wood
  • Foundation: Tile
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Gravel
  • Off Street Parking: Yes

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window Unit
  • Heat: Electric Baseboard
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1820
  • Lot S F: 7920
  • Lot Shape: Regular
  • Lot Size: 60X132
  • Assessor Parcel Number: 08007889000000
  • Zoning: N5

Rental Info

  • Landlord Tenant Utilities: Building Insurance Owner, Electric Landlord, Electric Tenant, Misc Exp Landlord, Taxes Owner, Water Landlord

Tax Info

  • Gross Taxes: 3526.00
  • Net Taxes: 3526.00

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2024
Closed on
Jun 13, 2024
Sold by
Decrnore Llc and Bear Stratten Llc
Bought by
Liborio Alexis Jimenez
Seller's Agent
Chris Chiaramonte
Century 21 Signature
Buyer's Agent
Gilbert Gonzales
RE/MAX Precision
List Price
$249,900
Sold Price
$249,900
Views
26
Current Estimated Value
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,900
Avg. Annual Appreciation
-9.13%
Original Mortgage
$224,910
Outstanding Balance
$223,698
Interest Rate
9.23%
Mortgage Type
New Conventional
Estimated Equity
$2,302

Purchase Details

Closed on
May 3, 2021
Sold by
Decmore Llc
Bought by
Bear Stratten Llc

Purchase Details

Closed on
Jun 29, 2018
Sold by
Ulring Ned
Bought by
Decmore Llc

Purchase Details

Listed on
May 6, 2016
Closed on
Sep 26, 2016
Sold by
Tej Properties Llc
Bought by
Ulring Ned
Seller's Agent
Deb Miller
Iowa Realty Beaverdale
Buyer's Agent
Joe Henry
Iowa Realty South
List Price
$139,200
Sold Price
$121,000
Premium/Discount to List
-$18,200
-13.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.31%
Original Mortgage
$90,750
Interest Rate
3.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 4, 2016
Sold by
Akavaram Sridhar and Akavaram Baby Nagalakshmi
Bought by
Tej Properties Llc

Purchase Details

Listed on
Mar 5, 2015
Closed on
Apr 13, 2015
Sold by
Johnson Tina M
Bought by
Akavaram Sridhar
Seller's Agent
Janis Robinson
EXP Realty, LLC
Buyer's Agent
Deb Miller
Iowa Realty Beaverdale
List Price
$115,000
Sold Price
$107,000
Premium/Discount to List
-$8,000
-6.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.51%
Original Mortgage
$85,600
Interest Rate
3.77%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 9, 2008
Sold by
Deutsche Bank National Trust Co
Bought by
Johnson Tina M

Purchase Details

Closed on
Nov 3, 2005
Sold by
Prather William
Bought by
Kaiser Gregory A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
9.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 25, 2004
Sold by
Prather Investments
Bought by
Prather William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
10.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 16, 1998
Sold by
Allender James R and Allender Valerie J
Bought by
Prather Investments

Purchase Details

Closed on
Jul 8, 1998
Sold by
Moss Edward
Bought by
Garris Mark

Purchase Details

Closed on
May 19, 1998
Sold by
Moss Edward
Bought by
Zaragoza Mark

Purchase Details

Closed on
May 5, 1998
Sold by
Moss Edward
Bought by
Hart Angela

Purchase Details

Closed on
May 1, 1998
Sold by
Moss Edward
Bought by
Parker Parlutt

Purchase Details

Closed on
Dec 9, 1997
Sold by
Moss Edward
Bought by
Lamay Dennis

Purchase Details

Closed on
Jun 6, 1997
Sold by
Moss Edward
Bought by
Garris Mark
Source: Public Records

Range of Values:

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Average Value
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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
Liborio Alexis Jimenez $250,000 None Listed On Document
Bear Stratten Llc $75,000 None Available
Decmore Llc -- None Available
Ulring Ned -- None Available
Tej Properties Llc -- None Available
Akavaram Sridhar $107,000 None Available
Johnson Tina M $24,500 Itc
Kaiser Gregory A $109,500 --
Prather William -- Clean Title & Escrow Llc
Prather William -- Clean Title & Escrow Llc
Prather Investments $29,500 --
Garris Mark -- --
Zaragoza Mark -- --
Hart Angela -- --
Parker Parlutt -- --
Lamay Dennis -- --
Garris Mark -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liborio Alexis Jimenez $224,910
Previous Owner Ulring Ned $90,750
Previous Owner Akavaram Sridhar $85,600
Previous Owner Johnson Tina M $52,000
Previous Owner Kaiser Gregory A $85,500
Previous Owner Prather William $61,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $249,900 0.0% $80 / Sq Ft
05/01/2024 05/01/24 Pending -- -- --
04/24/2024 04/24/24 For Sale $249,900 +106.5% $80 / Sq Ft
09/27/2016 09/27/16 Sold $121,000 -13.1% $39 / Sq Ft
08/28/2016 08/28/16 Pending -- -- --
05/06/2016 05/06/16 For Sale $139,200 +30.1% $45 / Sq Ft
04/15/2015 04/15/15 Sold $107,000 -7.0% $34 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
03/05/2015 03/05/15 For Sale $115,000 -- $37 / 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 $3,088 $157,000 $8,400 $148,600
2023 $3,016 $157,000 $8,400 $148,600
2022 $3,526 $128,000 $7,000 $121,000
2021 $3,136 $128,000 $7,000 $121,000
2020 $3,522 $105,000 $6,400 $98,600
2019 $3,098 $105,000 $6,400 $98,600
2018 $3,296 $87,500 $6,400 $81,100
2017 $3,096 $87,500 $6,400 $81,100
2016 $3,228 $79,000 $5,500 $73,500
2015 $3,228 $79,000 $5,500 $73,500
2014 $3,024 $70,500 $5,500 $65,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 693958

Des Moines Area Association of REALTORS®

APN: 080-07889000000