NOT LISTED FOR SALE

2615 E Grand Ave Des Moines, IA 50317

Fairground Neighborhood

Estimated Value: $76,790 - $97,000

-- Bed
2 Baths
1,095 Sq Ft
$79/Sq Ft Est. Value

Last Sold April 12, 2017

Last sale price $44,000 $40 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $615/month

383 Days on Market

Highlights

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

About This Home

As of April 2017

This property would be a great investment for owner or investor. Great rental history. Bi-attached home with garage. Neighborhood Finance Corporation has a $20,000 forgivable loan to downsize into a single-family residence.

Last Agent to Sell the Property

Joy Briggs

LPT Realty, LLC Listed on: 01/28/2016

LPT Realty, LLC

Last Buyer's Agent

OUTSIDE AGENT

OTHER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150

Home Design

  • Brick Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,095 Sq Ft Home
  • 1.5-Story Property
  • Drapes & Rods
  • Laundry Room
  • Unfinished Basement

Kitchen

  • 2 Kitchens
  • Stove

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 05003211000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,125

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 44.66
  • Sp Amt Sq Ft: 40.18
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Drapes/Curtains
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 505
  • Kitchens: 2
  • Laundry: Yes
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 1095
  • Total Sq Ft: 1095

Exterior Features

  • Exterior: See Remarks
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Sidewalk: Y
  • Street Feature: Concrete

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1720
  • Lot S F: 7500
  • Lot Shape: Regular
  • Lot Size: 50X150
  • Assessor Parcel Number: 05003211000000
  • Zoning: Res

Rental Info

  • Landlord Tenant Utilities: Water Landlord

Tax Info

  • Gross Taxes: 1366.00
  • Net Taxes: 1366.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2020
Sold by
Nagra Santokh and Nagra Kulbir
Bought by
Twin Peak Investments Llc
Current Estimated Value
$86,895

Purchase Details

Listed on
Jan 28, 2016
Closed on
Apr 11, 2017
Sold by
Music Kirby B
Bought by
Nagra Santokh
Seller's Agent
Joy Briggs
LPT Realty, LLC
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$51,800
Sold Price
$44,000
Premium/Discount to List
-$7,800
-15.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%

Purchase Details

Closed on
Oct 31, 2000
Sold by
Western United Life Assurance Company
Bought by
Music Ronald B
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
Twin Peak Investments Llc -- None Available
Nagra Santokh $44,000 None Available
Music Ronald B $19,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2017 04/12/17 Sold $44,000 -15.1% $40 / Sq Ft
02/14/2017 02/14/17 Pending -- -- --
01/28/2016 01/28/16 For Sale $51,800 -- $47 / 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 $1,818 $92,400 $24,300 $68,100
2023 $1,726 $92,400 $24,300 $68,100
2022 $1,712 $73,200 $19,900 $53,300
2021 $1,588 $73,200 $19,900 $53,300
2020 $1,648 $63,600 $17,400 $46,200
2019 $1,488 $63,600 $17,400 $46,200
2018 $1,474 $55,400 $15,000 $40,400
2017 $1,400 $55,400 $15,000 $40,400
2016 $1,366 $51,800 $14,000 $37,800
2015 $1,366 $51,800 $14,000 $37,800
2014 $1,316 $51,400 $13,500 $37,900
Source: Public Records

Agents Affiliated with this Home

  • Joy Briggs

    Seller's Agent in 2017

    Joy Briggs

    LPT Realty, LLC

    (515) 975-3602

    2 in this area

    17 Total Sales

    Joy Briggs
    Section Image

  • O

    Buyer's Agent in 2017

    OUTSIDE AGENT

    OTHER

    22 in this area

    5,727 Total Sales

    OUTSIDE AGENT
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 510720

Des Moines Area Association of REALTORS®

APN: 050-03211000000

Iowa Polk County Des Moines 50317 Fairground

2615 E Grand Ave, Des Moines, IA

This home is located at 2615 E Grand Ave, Des Moines, IA 50317 since 28 January 2016 and is currently estimated at $86,895, approximately $79 per square foot. This property was built in 1910. 2615 E Grand Ave 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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