NOT LISTED FOR SALE
Studio
4 Baths
2,480 Sq Ft
5,550 Sq Ft Lot

Last Sold August 27, 2021

Last sale price $260,000 $105 Per Sq Ft

50 Days on Market

Highlights

  • 4 Kitchens
  • No HOA
  • Laundry Room
  • Ranch Style House
  • Shades
  • Hot Water Heating System

About This Home

As of August 2021

Calling All Investors to this Rare Opportunity! This all brick, 4 unit complex has all the right elements to make for a super investment! All units are on the main floor with street parking available. The units are roomy with one bedroom, full bathrooms, full kitchens with included appliances and living room. The flooring is well cared for and low maintenance. The residence will LOVE the LARGE laundry room. The use of the washer and dryer is complementary. No worries on the rental certificate. It is good through 2022. The lower level and storage shed offers excellent landlord space for storage and supplies to continue to keep this property in the fine shape that the owner has maintained. Minimal yard and landscape work keeps summer chores to a minimum. The corner lot is near a bus line, parks, school and shopping conveniences. Low expenses and great rental income makes this an easy decision to make. Invest in Real Estate today!

Last Agent to Sell the Property

Pennie Carroll

Pennie Carroll & Associates Listed on: 07/07/2021

Last Buyer's Agent

Eric Quiner

Realty ONE Group Impact

Realty ONE Group Impact

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,210

Year Built

  • Built in 1927

Lot Details

  • 5,550 Sq Ft Lot
  • Lot Dimensions are 50x111

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 4 Full Bathrooms
  • 2,480 Sq Ft Home
  • Shades
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • 4 Kitchens
  • Stove

Flooring

  • Carpet
  • Laminate
  • Vinyl

Laundry

  • Laundry Room
  • Laundry on main level

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 11004250000000

Community Details

Overview

  • No Home Owners Association
  • Front Yard Maintenance

Recreation

  • Snow Removal

Building Details

  • Operating Expense $725
  • Gross Income $2,375

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,210

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 104.84
  • Sp Amt Sq Ft: 104.84
  • Termite: Call Listing Agent
  • Year Built: 1927
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 4
  • Stoves Total: 4
  • Interior Amenities: 1st Flr Laundry, Carpeting, Laminate Floors, Shades/Shutters, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • First Floor Full Bathrooms: 4
  • Basement Description: Unfinished
  • Kitchens: 4
  • Laundry: Yes
  • Storage: No
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 2480
  • Total Sq Ft: 2480

Exterior Features

  • Exterior: Brick
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Off Street Parking: 2

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window Unit
  • Heat: Hot Water
  • Separate Meters: Y
  • Services: Lawn Care, Snow Removal

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Fee Information

  • Total Expense: 725

Lot Info

  • Acres: 0.1270
  • Lot S F: 5550
  • Lot Shape: Regular
  • Lot Size: 50X111
  • Assessor Parcel Number: 11004250000000
  • Zoning: R1-60

Rental Info

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

Tax Info

  • Gross Taxes: 3210.00
  • Net Taxes: 3210.00

MLS Schools

  • School District: Des Moines Independent
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2021 08/27/21 Sold $260,000 0.0% $105 / Sq Ft
08/26/2021 08/26/21 Pending -- -- --
07/07/2021 07/07/21 For Sale $260,000 -- $105 / Sq Ft
Source: Des Moines Area Association of REALTORS®

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 $2,596 $143,000 $17,900 $125,100
2024 $2,596 $132,000 $15,700 $116,300
2023 $2,522 $132,000 $15,700 $116,300
2022 $2,948 $107,000 $13,100 $93,900
2021 $2,606 $107,000 $13,100 $93,900
2020 $2,928 $87,300 $11,900 $75,400
2019 $2,568 $87,300 $11,900 $75,400
2018 $2,730 $72,500 $11,900 $60,600
2017 $2,336 $72,500 $11,900 $60,600
2016 $2,446 $65,500 $9,900 $55,600
2015 $2,446 $65,500 $9,900 $55,600
2014 $2,370 $58,100 $9,900 $48,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 632994

Des Moines Area Association of REALTORS®