NOT LISTED FOR SALE

2201 Capitol Ave Des Moines, IA 50317

Fairground Neighborhood

Estimated Value: $137,000 - $148,979

3 Beds
1 Bath
909 Sq Ft
$157/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $95,000 $105 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $949/month

16 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Street paved with bricks
  • Bungalow

About This Home

As of October 2021

This home is located at 2201 Capitol Ave, Des Moines, IA 50317 since 13 September 2021 and is currently estimated at $142,745, approximately $157 per square foot. This property was built in 1920. 2201 Capitol Ave is a home located in Polk County with nearby schools including Joshua Christian Academy-Main Campus and Holy Family Catholic School.

Last Agent to Sell the Property

Dustin Schutte

RE/MAX Revolution Listed on: 09/13/2021

Last Buyer's Agent

Kent Lehs

Iowa Realty Beaverdale

Iowa Realty Beaverdale

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 4,840 Sq Ft Lot
  • Lot Dimensions are 48x100
  • Street paved with bricks
  • Property is zoned N3C

Home Design

  • 909 Sq Ft Home
  • Bungalow
  • Brick Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05003255000000

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bungalow
  • Lp Amt Sq Ft: 118.81
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 104.51
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Living Area Sq Ft: 909
  • Total Sq Ft: 909

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Brick, Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Detached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1110
  • Lot S F: 4840
  • Lot Shape: Regular
  • Lot Size: 48X100
  • Assessor Parcel Number: 05003255000000
  • Zoning: N3C

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 2493.00
  • Net Taxes: 2493.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2022
Sold by
Lehs Kent E and Lehs Beverly K
Bought by
Btb Investments 2 Llc
Current Estimated Value
$142,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$83,445
Interest Rate
6.58%
Mortgage Type
New Conventional
Estimated Equity
$59,300

Purchase Details

Closed on
Mar 15, 2022
Sold by
Lehs and Beverly
Bought by
Lehs Kent and Lehs Beverly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 13, 2021
Closed on
Oct 1, 2021
Sold by
Dss Equity Llc
Bought by
Lehs Kent
Seller's Agent
Dustin Schutte
RE/MAX Revolution
Buyer's Agent
Kent Lehs
Iowa Realty Beaverdale
List Price
$108,000
Sold Price
$95,000
Premium/Discount to List
-$13,000
-12.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.34%

Purchase Details

Listed on
Aug 29, 2017
Closed on
Nov 9, 2017
Sold by
Rb Long Investment Group Llc
Bought by
Dss Equity Llc
Seller's Agent
Brenda Long
Keller Williams Realty GDM
Buyer's Agent
Neil Timmins
Space Simply
List Price
$76,000
Sold Price
$68,000
Premium/Discount to List
-$8,000
-10.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$47,600
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2004
Sold by
Mahoney Brendan B
Bought by
Davis James Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,350
Interest Rate
8.15%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Btb Investments 2 Llc $122,000 --
Lehs Kent -- None Listed On Document
Lehs Kent $95,000 None Listed On Document
Dss Equity Llc $68,000 None Available
Davis James Peter $72,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Btb Investments 2 Llc $90,000
Previous Owner Lehs Kent $112,000
Previous Owner Dss Equity Llc $47,600
Previous Owner Davis James Peter $64,350
Closed Davis James Peter $5,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2021 10/01/21 Sold $95,000 -12.0% $105 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $108,000 +58.8% $119 / Sq Ft
11/17/2017 11/17/17 Sold $68,000 -10.5% $75 / Sq Ft View Prior Sale
11/13/2017 11/13/17 Pending -- -- --
08/29/2017 08/29/17 For Sale $76,000 -- $84 / 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 $2,358 $140,400 $19,400 $121,000
2024 $2,358 $119,900 $16,500 $103,400
2023 $2,214 $119,900 $16,500 $103,400
2022 $2,196 $93,900 $13,500 $80,400
2021 $2,038 $93,900 $13,500 $80,400
2020 $2,118 $81,700 $11,900 $69,800
2019 $1,890 $81,700 $11,900 $69,800
2018 $1,870 $70,300 $10,200 $60,100
2017 $1,794 $70,300 $10,200 $60,100
2016 $1,748 $66,300 $9,500 $56,800
2015 $1,748 $66,300 $9,500 $56,800
2014 $2,187 $67,400 $9,600 $57,800
Source: Public Records

Agents Affiliated with this Home

  • Dustin Schutte

    Seller's Agent in 2021

    Dustin Schutte

    RE/MAX

    (515) 556-8180

    2 in this area

    157 Total Sales

    Dustin Schutte
    Section Image
  • Kent Lehs

    Buyer's Agent in 2021

    Kent Lehs

    Iowa Realty Beaverdale

    (515) 669-2969

    2 in this area

    35 Total Sales

    Kent Lehs
    Section Image

  • B

    Seller's Agent in 2017

    Brenda Long

    Keller Williams Realty GDM

  • Neil Timmins

    Buyer's Agent in 2017

    Neil Timmins

    Space Simply

    (515) 217-6950

    16 Total Sales

    Neil Timmins
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 637458

Des Moines Area Association of REALTORS®

APN: 050-03255000000

Iowa Polk County Des Moines 50317 Fairground

2201 Capitol Ave, Des Moines, IA

Not Listed for Sale

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