$255,000
SOLD DEC 15, 2025
Studio
4 Baths
2,914 Sq Ft
0.27 Acres

Recently Sold

$88 Per Sq Ft

28 Days on Market

About This Home

As of December 2025

Multi-family property generating $2900/mo rent. Room for rental income growth! Four units with month-to-month tenants. Off-street parking. 48-hour notice for showings. The seller has a large portfolio for sale. For more info:

Last Agent to Sell the Property

Abby Hausmann-Virgil

Keller Williams Ankeny Metro Listed on: 10/09/2025

Keller Williams Ankeny Metro

Co-Listed By

Thomas Vasquez

Keller Williams Realty GDM

Last Buyer's Agent

Misty Darling

BH&G Real Estate Innovations

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,720

Year Built

  • Built in 1886

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 90x132

Parking

  • Driveway

Home Design

  • Asphalt Shingled Roof
  • Stucco

Interior Spaces

  • 4 Full Bathrooms
  • 2,914 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • No Cooling
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 08005490001000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,720

Year Built

Built in 1886

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 87.51
  • Sp Amt Sq Ft: 87.51
  • Year Built: 1886
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • Basement Description: Unfinished
  • Living Area Sq Ft: 2914
  • Total Sq Ft: 2914

Exterior Features

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

Garage/Parking

  • Driveway: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: None
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.2730
  • Lot S F: 11887
  • Lot Size: 90X132
  • Assessor Parcel Number: 08005490001000
  • Zoning: R-3

Tax Info

  • Gross Taxes: 3720.00
  • Net Taxes: 3720.00

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2025
Closed on
Dec 11, 2025
Sold by
Ki Properties Llc
Bought by
On Point Properties United Llc
Seller's Agent
Abby Hausmann-Virgil
Keller Williams Ankeny Metro
Buyer's Agent
Misty Darling
BH&G Real Estate Innovations
List Price
$255,000
Sold Price
$255,000
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-41.97%
Original Mortgage
$204,000
Outstanding Balance
$204,000
Interest Rate
6.24%
Mortgage Type
New Conventional
Estimated Equity
$37,494

Purchase Details

Closed on
Aug 10, 2016
Sold by
Seedtime Housing Llc
Bought by
Ki Properties Llc

Purchase Details

Closed on
Jun 17, 2010
Sold by
Devore James and Devore Nora
Bought by
Seedtime Housing Llc

Purchase Details

Closed on
Aug 5, 2004
Sold by
Devore James and Devore Nora
Bought by
Grylls Bryan and Grylls Tiffany

Purchase Details

Closed on
May 28, 2002
Sold by
Rife Leonard W and Rife Mary
Bought by
Devore James and Devore Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,750
Interest Rate
6.87%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Warranty Deed $255,000 None Listed On Document
Warranty Deed -- None Available
Warranty Deed -- None Available
Warranty Deed -- None Available
Contract Of Sale $54,750 --
Warranty Deed $44,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $204,000 New Conventional
Previous Owner $33,750 Commercial
Closed $0 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2025 12/15/25 Sold $255,000 0.0% $88 / Sq Ft
11/06/2025 11/06/25 Pending -- -- --
10/09/2025 10/09/25 For Sale $255,000 -- $88 / 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 $3,580 $197,000 $14,100 $182,900
2024 $3,580 $182,000 $12,300 $169,700
2023 $3,484 $182,000 $12,300 $169,700
2022 $4,072 $147,800 $10,300 $137,500
2021 $4,002 $163,000 $10,300 $152,700
2020 $4,494 $134,000 $9,400 $124,600
2019 $3,930 $134,000 $9,400 $124,600
2018 $4,180 $111,000 $9,400 $101,600
2017 $3,918 $111,000 $9,400 $101,600
2016 $4,086 $100,000 $8,000 $92,000
2015 $4,086 $100,000 $8,000 $92,000
2014 $3,818 $89,000 $8,000 $81,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 727977

Des Moines Area Association of REALTORS®

APN: 080-05490001000