1928 9th St Des Moines, IA 50314
River Bend NeighborhoodEstimated Value: $146,000
2
Beds
4
Baths
1,870
Sq Ft
$78/Sq Ft
Est. Value
About This Home
As of April 2021Your next investment for your rental portfolio awaits. Or live in one side and rent the other side out (aka live free). This property currently has one tenant paying $800 a month and has been there for 3 years. The upper unit was $800 a month as well and has recently moved out. Both units are very spacious, 2 big bed rooms with 1 bath. Double stall garage. One stall for each unit, or somewhere to store your equipment. Tenant pays electric, gas. Landlord pays water. Dont miss your chance, call to schedule your showing.
Last Agent to Sell the Property
RE/MAX Precision Marshalltown Listed on: 01/04/2021
Last Buyer's Agent
Outside Agent- MIR Outside Agent- MIR
Outside Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,940
Year Built
- Built in 1911
Lot Details
- 6,534
Parking
- 2 Car Garage
Home Design
- 1,870 Sq Ft Home
- Duplex
Bedrooms and Bathrooms
- 2 Bedrooms
- 4 Full Bathrooms
Additional Features
- 6,534 Sq Ft Lot
- Forced Air Heating System
- Unfinished Basement
Community Details
- 2 Units
- Gross Income $1,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 4, 2021
Closed on
Mar 31, 2021
Sold by
Sletten Timothy D
Bought by
Desai Yash
Seller's Agent
Gilbert Gonzales
RE/MAX Precision Marshalltown
Buyer's Agent
Outside Agent- MIR Outside Agent- MIR
Outside Office
List Price
$140,000
Sold Price
$120,000,000
Premium/Discount to List
$119,860,000
85614.29%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$119,854,000
Avg. Annual Appreciation
-79.36%
Original Mortgage
$90,000
Outstanding Balance
$81,715
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$67,285
Purchase Details
Closed on
Dec 14, 2020
Sold by
Guidner Properties Llc
Bought by
Sletten Timothy D
Purchase Details
Closed on
Sep 18, 2013
Sold by
1022 Llc
Bought by
Oeth Gary
Purchase Details
Closed on
Apr 27, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
First Contract Corporation
Purchase Details
Closed on
Mar 12, 2012
Sold by
First Contract Corp
Bought by
1022 Llc
Purchase Details
Closed on
Aug 18, 2005
Sold by
Powell Jack L and Powell Patricia L
Bought by
Backens Jason M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,700
Interest Rate
5.82%
Purchase Details
Closed on
Jul 9, 2003
Sold by
Metropolitan Properties Lc
Bought by
Powell Jack L and Powell Patricia L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,900
Interest Rate
5.36%
Mortgage Type
Commercial
Similar Home in Des Moines, IA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Desai Yash | $120,000 | None Available | |
| Sletten Timothy D | $75,000 | None Listed On Document | |
| Oeth Gary | -- | None Available | |
| First Contract Corporation | -- | Servicelink | |
| 1022 Llc | $12,500 | None Available | |
| Backens Jason M | $63,000 | -- | |
| Powell Jack L | $54,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Desai Yash | $90,000 | |
| Previous Owner | Backens Jason M | $67,500 | |
| Previous Owner | Backens Jason | $12,700 | |
| Previous Owner | Backens Jason M | $50,800 | |
| Previous Owner | Powell Jack L | $54,900 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/01/2021 04/01/21 | Sold | $120,000,000 | +90125.6% | $64,171 / Sq Ft |
| 02/19/2021 02/19/21 | Pending | -- | -- | -- |
| 01/07/2021 01/07/21 | Price Changed | $133,000 | -5.0% | $71 / Sq Ft |
| 01/04/2021 01/04/21 | For Sale | $140,000 | -- | $75 / Sq Ft |
Source: NoCoast MLS
Tax History Compared to Growth
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 | $2,394 | $121,700 | $12,200 | $109,500 |
| 2023 | $2,026 | $121,700 | $12,200 | $109,500 |
| 2022 | $2,012 | $86,000 | $10,100 | $75,900 |
| 2021 | $1,866 | $86,000 | $10,100 | $75,900 |
| 2020 | $1,940 | $74,800 | $8,900 | $65,900 |
| 2019 | $1,836 | $74,800 | $8,900 | $65,900 |
| 2018 | $1,816 | $68,300 | $8,000 | $60,300 |
| 2017 | $1,734 | $68,300 | $8,000 | $60,300 |
| 2016 | $1,690 | $64,100 | $7,500 | $56,600 |
| 2015 | $1,690 | $64,100 | $7,500 | $56,600 |
| 2014 | $1,534 | $59,900 | $7,000 | $52,900 |
Source: Public Records
Agents Affiliated with this Home
-
Gilbert Gonzales
Seller's Agent in 2021
Gilbert Gonzales
RE/MAX Precision Marshalltown
(641) 691-2642
2 in this area
281 Total Sales
-
O
Buyer's Agent in 2021
Outside Agent- MIR Outside Agent- MIR
Outside Office
Map
Source: NoCoast MLS
MLS Number: NOC5697761
APN: 080-05517000000
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