NOT LISTED FOR SALE

2816 Cottage Grove Ave Des Moines, IA 50311

Drake Neighborhood

Estimated Value: $259,000

-- Bed
6 Baths
3,045 Sq Ft
$85/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $243,000 $80 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,808/month

59 Days on Market

Highlights

  • 6 Kitchens
  • Laundry Room
  • Hot Water Heating System
  • No HOA

About This Home

As of December 2018

The 6-unit building has had several things done: several new windows, new roof 2017, new sidewalks 2017, new boiler heater 2015, and various updates to individual units. Coin operated laundry in basement. Off-street parking behind building. To be mindful of tenants, minimum 24-hour notice for showings. Photos are representative of inside of other units.

Last Agent to Sell the Property

Lynn Johnson

RE/MAX Concepts Listed on: 10/23/2018

RE/MAX Concepts

Last Buyer's Agent

Jason Rude

RE/MAX Precision

RE/MAX Precision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,520

Year Built

  • Built in 1903

Lot Details

  • 9,310 Sq Ft Lot
  • Lot Dimensions are 70x133

Home Design

  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 6 Full Bathrooms
  • 3,045 Sq Ft Home
  • 3-Story Property
  • Laundry Room
  • Unfinished Basement

Kitchen

  • 6 Kitchens
  • Stove

Utilities

  • No Cooling
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 09003711000000

Community Details

Overview

  • No Home Owners Association

Building Details

  • Operating Expense $1,200
  • Gross Income $3,675

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,520

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Three Story
  • Lp Amt Sq Ft: 85.39
  • Sp Amt Sq Ft: 79.80
  • Termite: Call Listing Agent
  • Year Built: 1903
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Refrigerators: 6
  • Stoves Total: 6
  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 854
  • Kitchens: 6
  • Laundry: Yes
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 3045
  • Total Sq Ft: 3045

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Tile
  • Roof: Asphalt Shingle
  • Sidewalk: Y
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Off Street Parking: 6+

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: None
  • Heat: Hot Water
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Total Expense: 1200

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2140
  • Lot S F: 9310
  • Lot Size: 70X133
  • Assessor Parcel Number: 09003711000000
  • Zoning: R1-60

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Landlord, Taxes Owner, Water Owner

Tax Info

  • Gross Taxes: 4520.00
  • Net Taxes: 4520.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2018
Closed on
Dec 21, 2018
Sold by
Ministry Place Llc
Bought by
Falcon Heavy Llc
Seller's Agent
Lynn Johnson
RE/MAX Concepts
Buyer's Agent
Jason Rude
RE/MAX Precision
List Price
$260,000
Sold Price
$243,000
Premium/Discount to List
-$17,000
-6.54%
Total Days on Market
59
Current Estimated Value
$259,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,000
Avg. Annual Appreciation
1.11%
Original Mortgage
$250,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2000
Sold by
Rottler Steven P
Bought by
Rottler Steven P

Purchase Details

Closed on
Nov 4, 1998
Sold by
Rottler Steven P and Rottler Joan Dee
Bought by
Rottler Joan Dee
Source: Public Records

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Range of Values:

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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
Falcon Heavy Llc $243,000 None Available
Rottler Steven P -- --
Rottler Joan Dee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Falcon Heavy Llc $264,000
Closed Facon Heavy Llc $264,000
Closed Falcon Heavy Llc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2018 12/21/18 Sold $243,000 -6.5% $80 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
10/23/2018 10/23/18 For Sale $260,000 -- $85 / 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 $4,250 $216,000 $24,600 $191,400
2023 $4,148 $216,000 $24,600 $191,400
2022 $4,848 $176,000 $20,600 $155,400
2021 $4,300 $176,000 $20,600 $155,400
2020 $4,830 $144,000 $18,700 $125,300
2019 $4,250 $144,000 $18,700 $125,300
2018 $4,520 $120,000 $18,700 $101,300
2017 $4,232 $120,000 $18,700 $101,300
2016 $4,412 $108,000 $15,500 $92,500
2015 $4,412 $108,000 $15,500 $92,500
2014 $4,292 $96,000 $15,500 $80,500
Source: Public Records

Agents Affiliated with this Home

  • Lynn Johnson

    Seller's Agent in 2018

    Lynn Johnson

    RE/MAX

    (515) 343-9390

    6 in this area

    236 Total Sales

    Lynn Johnson
    Section Image
  • Jason Rude

    Buyer's Agent in 2018

    Jason Rude

    RE/MAX

    (515) 953-8160

    7 in this area

    374 Total Sales

    Jason Rude
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 571664

Des Moines Area Association of REALTORS®

APN: 090-03711000000

Iowa Polk County Des Moines 50311 Drake

2816 Cottage Grove Ave, Des Moines, IA

This home is located at 2816 Cottage Grove Ave, Des Moines, IA 50311 since 23 October 2018 and is currently estimated at $259,000, approximately $85 per square foot. This property was built in 1903. 2816 Cottage Grove Ave is a home located in Polk County with nearby schools including Hubbell Elementary, Callanan Middle School, and Roosevelt 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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