Seller's Agent in 2022
Jessica Gilligan
Century 21 Signature
(515) 975-4595
3 in this area
184 Total Sales
2615 Cottage Grove Ave Des Moines, IA 50311
Drake Neighborhood
--
Bed
--
Bath
2,531
Sq Ft
6,660
Sq Ft Lot
About This Home
As of February 2022This is a cash flowing 5 plex is the historic district of Des Moines. This property is a stones throw from Drake University and Woody's smoke shack. There is 1 two bedroom apartment, 2 one bedrooms, and 2 studios in total. Gross income $2350.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1908
Lot Details
- 6,660 Sq Ft Lot
Home Design
- Block Foundation
- Vinyl Siding
Interior Spaces
- 2-Story Property
- 5 Kitchens
Utilities
- No Cooling
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 03001363000000
Community Details
Overview
- 5 Units
Building Details
- Operating Expense $600
- Gross Income $2,350
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 21, 2021
Closed on
Feb 19, 2022
Sold by
Katherine Lange Mary and Katherine Dale Austin
Bought by
Dela Cruz Alejandro Jose Munoz
Seller's Agent
Jessica Gilligan
Century 21 Signature
Buyer's Agent
Lacey Halupnick
RE/MAX Concepts
List Price
$200,000
Sold Price
$160,000
Premium/Discount to List
-$40,000
-20%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,562
Avg. Annual Appreciation
16.54%
Purchase Details
Listed on
Jun 30, 2019
Closed on
Aug 6, 2019
Sold by
Yuen Kenny and Ouch Sovannary
Bought by
Lange Marry Katherine and Lange Austin Dale
Seller's Agent
Joel Conner
Realty ONE Group Impact
Buyer's Agent
Bob Trudeau
RE/MAX Precision
List Price
$175,000
Sold Price
$175,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.47%
Original Mortgage
$175,000
Interest Rate
3.73%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Listed on
Aug 9, 2018
Closed on
Sep 28, 2018
Sold by
Camp 1 Capital Llc
Bought by
Yuen Kenny
Seller's Agent
Joel Conner
Realty ONE Group Impact
Buyer's Agent
Joel Conner
Realty ONE Group Impact
List Price
$165,000
Sold Price
$168,000
Premium/Discount to List
$3,000
1.82%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$126,000
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Sep 25, 2014
Closed on
Dec 23, 2014
Sold by
Caponi John L
Bought by
Schwien John A
Seller's Agent
Connor Delaney
White Oak Realty, LLC
Buyer's Agent
Connor Delaney
White Oak Realty, LLC
List Price
$79,000
Sold Price
$79,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.84%
Original Mortgage
$79,000
Interest Rate
3.97%
Mortgage Type
Commercial
Purchase Details
Closed on
May 31, 2007
Sold by
B & T Properties Llc
Bought by
Critelli Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.22%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $160,000 | None Listed On Document | |
| Warranty Deed | $160,000 | None Listed On Document | |
| Warranty Deed | $175,000 | None Available | |
| Warranty Deed | $168,000 | None Available | |
| Warranty Deed | $79,000 | None Available | |
| Warranty Deed | $94,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $175,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $126,000 | Purchase Money Mortgage | |
| Previous Owner | $79,000 | Commercial | |
| Previous Owner | $85,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/28/2022 02/28/22 | Pending | -- | -- | -- |
| 02/22/2022 02/22/22 | Sold | $160,000 | -8.6% | $63 / Sq Ft |
| 01/05/2022 01/05/22 | Pending | -- | -- | -- |
| 12/17/2021 12/17/21 | Price Changed | $175,000 | -12.5% | $69 / Sq Ft |
| 11/24/2021 11/24/21 | For Sale | $200,000 | 0.0% | $79 / Sq Ft |
| 09/14/2021 09/14/21 | Price Changed | $200,000 | -7.0% | $79 / Sq Ft |
| 05/03/2021 05/03/21 | Price Changed | $215,000 | -4.4% | $85 / Sq Ft |
| 04/21/2021 04/21/21 | For Sale | $225,000 | +28.6% | $89 / Sq Ft |
| 08/09/2019 08/09/19 | Sold | $175,000 | 0.0% | $69 / Sq Ft |
| 08/09/2019 08/09/19 | Pending | -- | -- | -- |
| 06/30/2019 06/30/19 | For Sale | $175,000 | +4.2% | $69 / Sq Ft |
| 10/26/2018 10/26/18 | Sold | $168,000 | +1.8% | $66 / Sq Ft |
| 10/16/2018 10/16/18 | Pending | -- | -- | -- |
| 08/09/2018 08/09/18 | For Sale | $165,000 | +32.0% | $65 / Sq Ft |
| 12/06/2016 12/06/16 | Sold | $125,000 | -13.8% | $49 / Sq Ft |
| 11/30/2016 11/30/16 | Pending | -- | -- | -- |
| 08/31/2016 08/31/16 | For Sale | $145,000 | +83.5% | $57 / Sq Ft |
| 12/30/2014 12/30/14 | Sold | $79,000 | 0.0% | $31 / Sq Ft |
| 11/18/2014 11/18/14 | Pending | -- | -- | -- |
| 09/25/2014 09/25/14 | For Sale | $79,000 | -- | $31 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $3,354 | $170,500 | $14,100 | $156,400 |
| 2023 | $2,758 | $255,500 | $14,100 | $241,400 |
| 2022 | $3,222 | $117,000 | $14,100 | $102,900 |
| 2021 | $2,858 | $117,000 | $14,100 | $102,900 |
| 2020 | $3,549 | $95,700 | $12,900 | $82,800 |
| 2019 | $2,816 | $95,700 | $12,900 | $82,800 |
| 2018 | $2,994 | $79,500 | $12,900 | $66,600 |
| 2017 | $2,822 | $79,500 | $12,900 | $66,600 |
| 2016 | $2,942 | $72,000 | $10,500 | $61,500 |
| 2015 | $2,942 | $72,000 | $10,500 | $61,500 |
| 2014 | $2,862 | $64,000 | $10,500 | $53,500 |
Source: Public Records
Agents Affiliated with this Home
-
Jessica Gilligan
-
Lacey Halupnick
Buyer's Agent in 2022
Lacey Halupnick
RE/MAX
(515) 661-7620
10 in this area
56 Total Sales
-
Joel Conner
Seller's Agent in 2019
Joel Conner
Realty ONE Group Impact
(515) 205-6388
2 in this area
54 Total Sales
-
B
Buyer's Agent in 2019
Bob Trudeau
RE/MAX
-
Pennie Carroll
Seller's Agent in 2016
Pennie Carroll
Pennie Carroll & Associates
(515) 490-8025
15 in this area
1,243 Total Sales
-
Connor Delaney
Buyer's Agent in 2016
Connor Delaney
White Oak Realty, LLC
(515) 745-1195
10 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 443296
APN: 030-01363000000
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