NOT LISTED FOR SALE

Estimated Value: $410,138

-- Bed
9 Baths
6,760 Sq Ft
$61/Sq Ft Est. Value

Last Sold May 05, 2021

Last sale price $338,000 $50 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,406/month

146 Days on Market

Highlights

  • 6 Kitchens
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of May 2021

Huge income property potential in up and coming Highland Park Neighborhood. Just around the corner from the newly constructed Riverview Park area, this building offers 2 (potentially 3) commercial spaces on the main level, and 6 apartments above. All 6 apartments currently leased. Great high traffic location on the corner of 2nd and Euclid.

Last Listed By

Chris Chiaramonte

Century 21 Signature Listed on: 12/10/2020

Century 21 Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,304

Year Built

  • Built in 1900

Lot Details

  • 5,793

Home Design

  • 6,760 Sq Ft Home
  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Radiant Heating System

Additional Features

  • 6 Kitchens
  • 9 Bathrooms
  • 5,793 Sq Ft Lot
  • Unfinished Basement

Community Details

  • No Home Owners Association
  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 07002081000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,304

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Lp Amt Sq Ft: 51.78
  • Sp Amt Sq Ft: 50.00
  • Termite: Call Listing Agent
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 6
  • Stoves Total: 6
  • Total Bathrooms: 9.00
  • Full Bathrooms: 4
  • First Floor Full Bathrooms: 4
  • Partial Bath Total: 5
  • Full Bathrooms: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 2115
  • Kitchens: 6
  • Laundry: No
  • Living Area Sq Ft: 6760
  • Partial Bathrooms: 4
  • Partial Bathrooms: 1
  • Total Sq Ft: 6760

Exterior Features

  • Exterior: Brick
  • Foundation: Brick
  • Roof: Rubber
  • Street Feature: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central, Window Unit
  • Heat: Gas Forced Air, Radiant

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1330
  • Lot Shape: Regular
  • Assessor Parcel Number: 07002081000000
  • Zoning: C-2

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Landlord, Electric Tenant, Gas Landlord, Gas Tenant

Tax Info

  • Gross Taxes: 5304.00
  • Net Taxes: 5304.00

Multi Family

  • Total Units: 6

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2025
Sold by
Two Hundred Llc
Bought by
Second & Euclid Llc
Total Days on Market
146
Current Estimated Value
$410,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$299,500
Interest Rate
6.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2021
Sold by
Fifty Five Thirty Three Llc
Bought by
Second & Euclid Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Listed on
Dec 10, 2020
Closed on
May 3, 2021
Sold by
Twister Llc
Bought by
Lauridsen Walter
Seller's Agent
Chris Chiaramonte
Century 21 Signature
Buyer's Agent
Connor Delaney
White Oak Realty, LLC
List Price
$350,000
Sold Price
$338,000
Premium/Discount to List
-$12,000
-3.43%

Purchase Details

Closed on
Sep 15, 2018
Sold by
Clark Van Db and Clark Cathy Ann
Bought by
Twister Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

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
Second & Euclid Llc $375,000 None Listed On Document
Second & Euclid Llc $375,000 None Available
Lauridsen Walter $113,000 None Available
Twister Llc $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Second & Euclid Llc $300,000
Previous Owner Second & Euclid Llc $375,000
Previous Owner Twister Llc $245,000
Previous Owner Clark Cathy A $210,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2021 05/05/21 Sold $338,000 0.0% $50 / Sq Ft
05/05/2021 05/05/21 Pending -- -- --
01/11/2021 01/11/21 Off Market $338,000 -- --
12/10/2020 12/10/20 For Sale $350,000 -- $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 $1,324 $61,800 $16,900 $44,900
2023 $1,272 $61,800 $16,900 $44,900
2022 $1,900 $34,600 $10,510 $24,090
2021 $1,298 $34,600 $10,510 $24,090
2020 $1,380 $33,600 $9,550 $24,050
2019 $1,296 $33,600 $9,550 $24,050
2018 $1,314 $31,500 $9,550 $21,950
2017 $1,238 $31,500 $9,550 $21,950
2016 $1,234 $29,230 $7,920 $21,310
2015 $1,234 $29,230 $7,920 $21,310
2014 $982 $37,000 $10,700 $26,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 619342

Des Moines Area Association of REALTORS®

APN: 070-02081000000