2617 SW 9th St Des Moines, IA 50315
Indianola Hills NeighborhoodEstimated Value: $183,000 - $183,563
--
Bed
3
Baths
1,200
Sq Ft
$153/Sq Ft
Est. Value
Highlights
- 3 Kitchens
- Wood Flooring
- Forced Air Heating System
- Ranch Style House
- No HOA
About This Home
As of October 2021This three-plex is a great opportunity for large or small investors. Recently updated Rental Certificate. All 3 units are currently rented. Parking in front and off the rear of the home. There are 2 units with 1 bed and 1 bath and a 2 bedroom unit with 1 bath. The property sits directly across from Lincoln High School and it has never had any issues renting quickly. Each unit has had several updates in the last five years. Improvements Include complete roof tear off and replacement with architectural shingles at the end of 2020, Interior paint, replacement some doors and many other small repairs to ensure property was improved for rental certificate. Property is being sold "As Is". Unit 1 - $650, Unit 2 $645 ($50 pet) Unit 3 - $650
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,194
Year Built
- Built in 1921
Lot Details
- 6,250 Sq Ft Lot
- Lot Dimensions are 50x125.4
Home Design
- 1,200 Sq Ft Home
- Ranch Style House
- Metal Siding
Kitchen
- 3 Kitchens
- Stove
Flooring
- Wood
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
Utilities
- Window Unit Cooling System
- Forced Air Heating System
Additional Features
- Finished Basement
Listing and Financial Details
- Assessor Parcel Number 01002695004000
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Gross Income $1,950
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Oct 9, 2023
Sold by
Booth Tricia
Bought by
Cifuentes Henry
Total Days on Market
51
Current Estimated Value
Purchase Details
Listed on
Aug 3, 2021
Closed on
Oct 4, 2021
Sold by
Bing Llc
Bought by
Cifuentes Henry and Booth Tricia
Seller's Agent
Erin Rundall
Keller Williams Realty GDM
Buyer's Agent
Kirk Howsare
Realty ONE Group Impact
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Purchase Details
Listed on
Sep 18, 2020
Closed on
Nov 11, 2020
Sold by
Solutions Now Llc
Bought by
Bing Llc
Seller's Agent
Darlene Adams
Iowa Realty Mills Crossing
Buyer's Agent
Staci Burr
Keller Williams Realty GDM
List Price
$159,900
Sold Price
$149,900
Premium/Discount to List
-$10,000
-6.25%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.58%
Purchase Details
Closed on
May 9, 2017
Sold by
Kenoyer And Associates Llc
Bought by
Solutions Now Llc
Purchase Details
Closed on
Apr 5, 2010
Sold by
Kenoyer & Associates Llc
Bought by
Solutions Now Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,850
Interest Rate
5.1%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Mar 1, 2004
Sold by
Ashley Real Estate & Rental Inc
Bought by
Bakri Basim
Purchase Details
Closed on
Nov 26, 2003
Sold by
Eppard Investment Inc
Bought by
Ucr 9 Investment Inc
Purchase Details
Closed on
Aug 10, 2002
Sold by
Eppar Investment Inc
Bought by
Ashley Real Estate & Rental Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,500
Interest Rate
9%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Dec 27, 2000
Sold by
Eppard Investment Inc
Bought by
Loera Pedro Quintana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
7.8%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 22, 2000
Sold by
Western United Life Assurance Company
Bought by
Eppard Investment Inc
Purchase Details
Closed on
Aug 6, 1998
Sold by
Old Standard Life Insurance Company
Bought by
Western United Life Assurance Company
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
Similar Homes in Des Moines, IA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cifuentes Henry | -- | None Listed On Document | |
| Cifuentes Henry | $155,000 | None Listed On Document | |
| Bing Llc | $150,000 | None Available | |
| Solutions Now Llc | $73,000 | None Available | |
| Solutions Now Llc | $72,850 | None Available | |
| Bakri Basim | -- | -- | |
| Ucr 9 Investment Inc | -- | -- | |
| Ashley Real Estate & Rental Inc | $50,000 | -- | |
| Loera Pedro Quintana | $72,500 | -- | |
| Eppard Investment Inc | $9,500 | -- | |
| Western United Life Assurance Company | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Solutions Now Llc | $68,850 | |
| Previous Owner | Ashley Real Estate & Rental Inc | $42,500 | |
| Previous Owner | Loera Pedro Quintana | $66,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/27/2021 10/27/21 | Sold | $155,000 | -2.5% | $129 / Sq Ft |
| 09/23/2021 09/23/21 | Pending | -- | -- | -- |
| 08/19/2021 08/19/21 | Price Changed | $159,000 | -3.6% | $133 / Sq Ft |
| 08/03/2021 08/03/21 | For Sale | $165,000 | +10.1% | $138 / Sq Ft |
| 11/16/2020 11/16/20 | Sold | $149,900 | -6.3% | $125 / Sq Ft |
| 11/06/2020 11/06/20 | Pending | -- | -- | -- |
| 09/18/2020 09/18/20 | For Sale | $159,900 | -- | $133 / 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 | $2,838 | $137,000 | $28,700 | $108,300 |
| 2023 | $2,752 | $137,000 | $28,700 | $108,300 |
| 2022 | $3,216 | $111,000 | $24,000 | $87,000 |
| 2021 | $2,852 | $111,000 | $24,000 | $87,000 |
| 2020 | $3,194 | $90,900 | $21,800 | $69,100 |
| 2019 | $2,802 | $90,900 | $21,800 | $69,100 |
| 2018 | $2,978 | $75,500 | $21,800 | $53,700 |
| 2017 | $2,792 | $75,500 | $21,800 | $53,700 |
| 2016 | $2,778 | $68,000 | $18,000 | $50,000 |
| 2015 | $2,778 | $68,000 | $18,000 | $50,000 |
| 2014 | $2,600 | $60,600 | $18,000 | $42,600 |
Source: Public Records
Agents Affiliated with this Home
-
Erin Rundall
Seller's Agent in 2021
Erin Rundall
Keller Williams Realty GDM
(515) 326-0369
11 in this area
576 Total Sales
-
Staci Burr
S
Seller Co-Listing Agent in 2021
Staci Burr
Keller Williams Realty GDM
(515) 689-9226
6 in this area
245 Total Sales
-
Kirk Howsare
K
Buyer's Agent in 2021
Kirk Howsare
Realty ONE Group Impact
(515) 202-8625
1 in this area
121 Total Sales
-
D
Seller's Agent in 2020
Darlene Adams
Iowa Realty Mills Crossing
-
Bo Cosens
Seller Co-Listing Agent in 2020
Bo Cosens
RE/MAX
(515) 360-4401
1 in this area
143 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 634840
APN: 010-02695004000
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