NOT LISTED FOR SALE

2400 SE 8th St Des Moines, IA 50315

Indianola Hills Neighborhood

Estimated Value: $239,000 - $251,645

-- Bed
3 Baths
2,140 Sq Ft
$115/Sq Ft Est. Value

Last Sold September 21, 2018

Last sale price $120,000 $56 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $1,602/month

130 Days on Market

Highlights

  • 3 Kitchens
  • Laundry Room
  • Forced Air Heating System
  • No HOA

About This Home

As of September 2018

This home is located at 2400 SE 8th St, Des Moines, IA 50315 since 27 April 2018 and is currently estimated at $245,323, approximately $114 per square foot. This property was built in 1890. 2400 SE 8th St is a home located in Polk County with nearby schools including Howe Elementary School, Weeks Middle School, and Lincoln High School.

Last Agent to Sell the Property

Stephanie Thomas

RE/MAX Concepts Listed on: 04/27/2018

RE/MAX Concepts

Last Buyer's Agent

Tanner Setka

RE/MAX Precision

RE/MAX Precision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,298

Year Built

  • Built in 1890

Lot Details

  • 5,590 Sq Ft Lot
  • Lot Dimensions are 43x130

Home Design

  • Stucco

Interior Spaces

  • 2,140 Sq Ft Home
  • 2-Story Property
  • 3 Kitchens
  • Laundry Room
  • Unfinished Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 01000138000000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $1,775

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,298

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 65.37
  • Sp Amt Sq Ft: 56.07
  • Termite: Follow Showing Instructions
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 3
  • Stoves Total: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • First Floor Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 340
  • Kitchens: 3
  • Laundry: Yes
  • Living Area Sq Ft: 2140
  • Total Sq Ft: 2140

Exterior Features

  • Exterior: Stucco
  • Foundation: See Remarks

Garage/Parking

  • Off Street Parking: 3

Utilities

  • Air Conditioner: Window
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1280
  • Lot S F: 5590
  • Lot Size: 43X130
  • Assessor Parcel Number: 01000138000000
  • Zoning: R1-60

Rental Info

  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Tenant, Misc Exp Tenant, Water Tenant

Tax Info

  • Gross Taxes: 2298.00
  • Net Taxes: 2298.00

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2023
Sold by
Triton Properties Llc
Bought by
Good Earth Realty Llc
Current Estimated Value
$245,323

Purchase Details

Closed on
Mar 8, 2021
Sold by
Nguyen Robert
Bought by
Triton Properties Llc

Purchase Details

Listed on
Apr 27, 2018
Closed on
Aug 31, 2018
Sold by
Executive Props L L C
Bought by
Nguyen Robet
Seller's Agent
Stephanie Thomas
RE/MAX Concepts
Buyer's Agent
Tanner Setka
RE/MAX Precision
List Price
$150,000
Sold Price
$120,000
Premium/Discount to List
-$30,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%
Original Mortgage
$90,000
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 31, 2013
Sold by
Mcvicker Kristine
Bought by
Executive Props Llc

Purchase Details

Closed on
Feb 27, 2007
Sold by
Polk County Bank
Bought by
Mcvicker Kristine

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
Interest Rate
6.27%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 7, 2006
Sold by
Avalon Development Group Llc and Johnston John R
Bought by
Polk County Bank

Purchase Details

Closed on
Aug 30, 2002
Sold by
Jarvis Wayne and Jarvis Cheryl
Bought by
Avalon Development Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 2001
Sold by
Stites Alice M and Stites Mark A
Bought by
Jarvis Wayne and Jarvis Cheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,050
Interest Rate
7.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 1999
Sold by
Stites Samuel E
Bought by
Stites Samuel E
Source: Public Records

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
Good Earth Realty Llc -- None Listed On Document
Triton Properties Llc $130,000 None Available
Nguyen Robet $120,000 None Available
Executive Props Llc -- None Available
Mcvicker Kristine $69,500 Itc
Polk County Bank $78,000 None Available
Avalon Development Group Llc $94,500 --
Jarvis Wayne $50,000 --
Stites Samuel E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Robet $90,000
Previous Owner Mcvicker Kristine $90,000
Previous Owner Avalon Development Group Llc $100,000
Previous Owner Jarvis Wayne $40,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2018 09/21/18 Sold $120,000 -20.0% $56 / Sq Ft
09/04/2018 09/04/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $150,000 -- $70 / 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 $3,660 $201,000 $22,500 $178,500
2024 $3,660 $186,000 $19,700 $166,300
2023 $3,558 $186,000 $19,700 $166,300
2022 $4,160 $151,000 $16,500 $134,500
2021 $3,702 $151,000 $16,500 $134,500
2020 $4,158 $124,000 $15,000 $109,000
2019 $4,469 $124,000 $15,000 $109,000
2018 $4,670 $124,000 $15,000 $109,000
2017 $4,390 $124,000 $15,000 $109,000
2016 $4,576 $112,000 $12,500 $99,500
2015 $4,576 $112,000 $12,500 $99,500
2014 $4,353 $100,000 $12,500 $87,500
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Thomas

    Seller's Agent in 2018

    Stephanie Thomas

    RE/MAX

    (515) 771-7788

    1 in this area

    189 Total Sales

    Stephanie Thomas
    Section Image
  • Tanner Setka

    Buyer's Agent in 2018

    Tanner Setka

    RE/MAX

    22 Total Sales

    Tanner Setka
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 559744

Des Moines Area Association of REALTORS®

APN: 010/00138-000-000

Iowa Polk County Des Moines 50315 Indianola Hills

2400 SE 8th St, Des Moines, IA

This home is located at 2400 SE 8th St, Des Moines, IA 50315 since 27 April 2018 and is currently estimated at $245,323, approximately $114 per square foot. This property was built in 1890. 2400 SE 8th St is a home located in Polk County with nearby schools including Howe Elementary School, Weeks Middle School, and Lincoln 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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