NOT LISTED FOR SALE

2730 Capitol Ave Des Moines, IA 50317

Fairground Neighborhood

Estimated Value: $171,000 - $189,000

-- Bed
4 Baths
1,424 Sq Ft
$127/Sq Ft Est. Value

Last Sold May 31, 2024

Last sale price $191,250 $134 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $1,224/month

78 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating System

About This Home

As of May 2024

Calling all investors! This property is located near the fairgrounds with easy access to University Ave and 235. This single family home in Des Moines has an added bonus as the garage has been converted to living space. Both the home and garage are currently rented.

Last Agent to Sell the Property

Shane Torres

RE/MAX Concepts Listed on: 03/13/2024

RE/MAX Concepts

Co-Listed By

Jeff Johnston

RE/MAX Concepts

Last Buyer's Agent

Amanda Jackson

RE/MAX Concepts

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,470

Year Built

  • Built in 1910

Lot Details

  • 5,360 Sq Ft Lot
  • Lot Dimensions are 40x134

Home Design

  • 1,424 Sq Ft Home
  • Bungalow
  • Block Foundation
  • Asphalt Shingled Roof

Additional Features

  • 4 Bathrooms
  • Forced Air Heating System
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 05000034000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $250
  • Gross Income $1,790

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,470

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Bungalow
  • Lp Amt Sq Ft: 150.98
  • Sp Amt Sq Ft: 134.30
  • Termite: Follow Showing Instructions
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Partial Bath Total: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 864
  • Living Area Sq Ft: 1424
  • Partial Bathrooms: 2
  • Total Sq Ft: 1424

Exterior Features

  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Total Expense: 250

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1230
  • Lot S F: 5360
  • Lot Size: 40X134
  • Assessor Parcel Number: 05000034000000
  • Zoning: R

Rental Info

  • Landlord Tenant Utilities: Insurance Landlord, Misc Exp Landlord

Tax Info

  • Gross Taxes: 2470.00
  • Net Taxes: 2470.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
May 29, 2024
Sold by
Born Henrik and Flores Julia
Bought by
Ring Shirley
Seller's Agent
Shane Torres
RE/MAX Concepts
Buyer's Agent
Amanda Jackson
RE/MAX Concepts
List Price
$215,000
Sold Price
$191,250
Premium/Discount to List
-$23,750
-11.05%
Total Days on Market
78
Views
1616
Current Estimated Value
$180,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,668
Avg. Annual Appreciation
-5.47%

Purchase Details

Listed on
Dec 28, 2020
Closed on
Mar 20, 2021
Sold by
426 Property Llc
Bought by
Born Henrik
Seller's Agent
Garrett Shetterly
RE/MAX Precision
Buyer's Agent
Garrett Shetterly
RE/MAX Precision
List Price
$150,000
Sold Price
$150,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.91%
Original Mortgage
$112,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2016
Sold by
Community Bank
Bought by
Payne Thomas Lee

Purchase Details

Closed on
Apr 30, 2008
Sold by
Quick Tax Ero Inc
Bought by
Community Bank and Community State Bank

Purchase Details

Closed on
Sep 24, 2003
Sold by
Jarvis Wayne M and Jarvis Cheryl A
Bought by
Quick Tax Ero Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,800
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 1997
Sold by
Harris Rebecca L
Bought by
Jarvis Wayne M and Jarvis Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,500
Interest Rate
8.27%
Source: Public Records

Similar Homes in Des Moines, IA

  • 1825 7th St, Des Moines, IA 50314

    $200,000

    • Studio
    • 5 Baths
    • 2,709 Sq Ft
    • 1825 7th St
    • Des Moines, IA

    Such an amazing chance to start or build your investment portfolio. This fully rented multifamily property brings in steady income and has been well maintained. Located centrally with easy access to everything, it is attractive for renters. Must request showing AT LEAST 48 hours in advance.

    Sarah Shaffer Realty ONE Group Impact

    Section Image
  • 1067 37th St, Des Moines, IA 50311

    $180,000

    • Studio
    • 3 Baths
    • 2,339 Sq Ft
    • 1067 37th St
    • Des Moines, IA

    Check out this historic property right in the heart of Des Moines. The seller was raised in this duplex, then raised their children here, and now it is time for a new family. This up down duplex features two separate units as well as a third-floor finished dormer that could be incorporated into the second-floor apartment, with access from the second floor and a third-floor exterior door. The main

    Dan Vierling Iowa Realty Mills Crossing

    Section Image
See All Homes in Des Moines

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ring Shirley $191,500 None Listed On Document
Born Henrik $150,000 None Available
Payne Thomas Lee -- None Available
426 Property Llc $70,000 None Available
Community Bank -- Itc
Quick Tax Ero Inc $85,500 --
Jarvis Wayne M $53,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Born Henrik $112,500
Previous Owner Quick Tax Ero Inc $68,800
Previous Owner Jarvis Wayne M $40,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2024 05/31/24 Sold $191,250 -11.0% $134 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $215,000 +43.3% $151 / Sq Ft
03/24/2021 03/24/21 Sold $150,000 0.0% $105 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
12/28/2020 12/28/20 For Sale $150,000 -- $105 / 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 $2,568 $130,500 $18,300 $112,200
2023 $2,470 $130,500 $18,300 $112,200
2022 $2,452 $104,800 $15,000 $89,800
2021 $2,270 $104,800 $15,000 $89,800
2020 $2,360 $91,000 $13,200 $77,800
2019 $2,148 $91,000 $13,200 $77,800
2018 $2,126 $79,900 $11,300 $68,600
2017 $1,800 $79,900 $11,300 $68,600
2016 $1,750 $75,100 $10,500 $64,600
2015 $1,750 $75,100 $10,500 $64,600
2014 $1,774 $75,500 $10,400 $65,100
Source: Public Records

Agents Affiliated with this Home

  • Shane Torres

    Seller's Agent in 2024

    Shane Torres

    RE/MAX

    (515) 984-0222

    6 in this area

    678 Total Sales

    Shane Torres
    Section Image

  • J

    Seller Co-Listing Agent in 2024

    Jeff Johnston

    RE/MAX

    (515) 707-9392

    1 in this area

    27 Total Sales

    Jeff Johnston
    Section Image
  • Amanda Jackson

    Buyer's Agent in 2024

    Amanda Jackson

    RE/MAX

    (515) 402-6910

    3 in this area

    58 Total Sales

    Amanda Jackson
    Section Image
  • Kelsey Russell

    Buyer Co-Listing Agent in 2024

    Kelsey Russell

    RE/MAX

    (515) 480-9388

    3 in this area

    254 Total Sales

    Kelsey Russell
    Section Image
  • Garrett Shetterly

    Seller's Agent in 2021

    Garrett Shetterly

    RE/MAX

    1 in this area

    46 Total Sales

    Garrett Shetterly
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 691094

Des Moines Area Association of REALTORS®

APN: 050-00034000000

Iowa Polk County Des Moines 50317 Fairground

2730 Capitol Ave, Des Moines, IA

This home is located at 2730 Capitol Ave, Des Moines, IA 50317 since 13 March 2024 and is currently estimated at $180,582, approximately $126 per square foot. This property was built in 1910. 2730 Capitol Ave is a home located in Polk County with nearby schools including Willard Elementary School, Hoyt 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.

Nearby Homes