NOT LISTED FOR SALE

2305 E Walnut St Des Moines, IA 50317

Fairground Neighborhood

Estimated Value: $183,785 - $195,000

-- Bed
4 Baths
2,286 Sq Ft
$83/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $143,000 $63 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,399/month

62 Days on Market

About This Home

As of August 2020

Cash flow! Check out this updated east side 4-plex. It consists of 1 two bedroom, 1 one bedroom and 2 studio apartments. Wide open basement can be used for tenant and/or owner's storage. Building has been well maintained and updated. Updates include: new roof, new windows, updated electrical panels, new pex line plumbing, and new mini split HVAC units. Lots of off street parking.

Last Agent to Sell the Property

Derek Veldhouse

RE/MAX Concepts Listed on: 06/23/2020

Last Buyer's Agent

Danielle Plank-Harris

Iowa Realty Valley West

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 9,188 Sq Ft Lot
  • Lot Dimensions are 62x147

Home Design

  • Block Foundation
  • Metal Siding

Interior Spaces

  • 4 Bathrooms
  • 2,286 Sq Ft Home
  • 2-Story Property
  • 4 Kitchens
  • Unfinished Basement

Utilities

  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 05001952000000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $2,175

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 65.57
  • Sp Amt Sq Ft: 62.55
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 4
  • Stoves Total: 4
  • Total Bathrooms: 4.00
  • Partial Bath Total: 4
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 744
  • Sq Ft Fin Bsmt: 350
  • Kitchens: 4
  • Living Area Sq Ft: 2286
  • Partial Bathrooms: 1
  • Partial Bathrooms: 1
  • Partial Bathrooms: 2
  • Total Sq Ft: 2286

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Concrete Block
  • Sidewalk: Y

Garage/Parking

  • Off Street Parking: 4

Utilities

  • Sewer: City
  • Heat: Heat Pump
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2110
  • Lot S F: 9188
  • Lot Size: 62X147
  • Assessor Parcel Number: 05001952000000
  • Zoning: R1-60

Rental Info

  • Landlord Tenant Utilities: Electric Tenant, Gas Landlord, Water Landlord

Tax Info

  • Gross Taxes: 4248.00
  • Net Taxes: 4248.00
  • Tax Year: 2020

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2024
Sold by
Mccleish Nicholas and Mccleish Krista
Bought by
Bakkie Properties Llc
Current Estimated Value
$187,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Outstanding Balance
$147,498
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$59,419

Purchase Details

Listed on
Jun 23, 2020
Closed on
Aug 26, 2020
Sold by
Hodges Jana
Bought by
Mccleish Nicholas and Mccleish Krista
Seller's Agent
Derek Veldhouse
RE/MAX Concepts
Buyer's Agent
Danielle Plank-Harris
Iowa Realty Valley West
List Price
$149,900
Sold Price
$143,000
Premium/Discount to List
-$6,900
-4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$107,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 28, 2016
Closed on
Jun 17, 2016
Sold by
Music Kirby
Bought by
Hodges Jana
Seller's Agent
Joy Briggs
LPT Realty, LLC
Buyer's Agent
Derek Veldhouse
RE/MAX Concepts
List Price
$109,900
Sold Price
$95,000
Premium/Discount to List
-$14,900
-13.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.23%
Source: Public Records

Range of Values:

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Average Value
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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
Bakkie Properties Llc $185,000 None Listed On Document
Mccleish Nicholas $143,000 None Available
Hodges Jana -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakkie Properties Llc $148,000
Previous Owner Mccleish Nicholas $107,250
Previous Owner Music Ronald B $68,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $143,000 -4.6% $63 / Sq Ft
08/24/2020 08/24/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $149,900 +57.8% $66 / Sq Ft
06/17/2016 06/17/16 Sold $95,000 -13.6% $42 / Sq Ft
06/17/2016 06/17/16 Pending -- -- --
01/28/2016 01/28/16 For Sale $109,900 -- $48 / 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 $4,386 $223,000 $23,200 $199,800
2023 $4,266 $223,000 $23,200 $199,800
2022 $4,986 $181,000 $19,400 $161,600
2021 $4,420 $181,000 $19,400 $161,600
2020 $4,964 $148,000 $17,600 $130,400
2019 $4,356 $148,000 $17,600 $130,400
2018 $4,632 $123,000 $17,600 $105,400
2017 $4,350 $123,000 $17,600 $105,400
2016 $4,536 $111,000 $14,500 $96,500
2015 $4,536 $111,000 $14,500 $96,500
2014 $4,248 $99,000 $14,500 $84,500
Source: Public Records

Agents Affiliated with this Home

  • Derek Veldhouse

    Seller's Agent in 2020

    Derek Veldhouse

    RE/MAX

    (515) 770-4100

    2 in this area

    131 Total Sales

    Section Image

  • D

    Buyer's Agent in 2020

    Danielle Plank-Harris

    Iowa Realty Valley West

  • Joy Briggs

    Seller's Agent in 2016

    Joy Briggs

    LPT Realty, LLC

    (515) 975-3602

    2 in this area

    19 Total Sales

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 608262

Des Moines Area Association of REALTORS®

APN: 050-01952000000

Iowa Polk County Des Moines 50317 Fairground

2305 E Walnut St, Des Moines, IA

This home is located at 2305 E Walnut St, Des Moines, IA 50317 since 23 June 2020 and is currently estimated at $189,393, approximately $82 per square foot. This property was built in 1890. 2305 E Walnut St is a home located in Polk County with nearby schools including Capitol View Elementary School, Hiatt Middle School, and East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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