NOT LISTED FOR SALE

2837 E Grand Ave Des Moines, IA 50317

Fairground Neighborhood

Estimated Value: $191,898 - $197,000

-- Bed
2 Baths
2,060 Sq Ft
$94/Sq Ft Est. Value

Last Sold June 30, 2018

Last sale price $125,000 $61 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,305/month

234 Days on Market

Highlights

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

About This Home

As of June 2018

This home is located at 2837 E Grand Ave, Des Moines, IA 50317 since 29 September 2017 and is currently estimated at $194,449, approximately $94 per square foot. This property was built in 1914. 2837 E Grand Ave is a home located in Polk County with nearby schools including Willard Elementary School, Hoyt Middle School, and St Joseph Elementary School.

Last Agent to Sell the Property

Joy Briggs

LPT Realty, LLC Listed on: 09/29/2017

LPT Realty, LLC

Last Buyer's Agent

Jordan Coulson

Coldwell Banker Mid-America

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,466

Year Built

  • Built in 1914

Lot Details

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

Home Design

  • Brick Foundation
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 2,060 Sq Ft Home
  • 2-Story Property
  • Storage
  • Laundry Room
  • Unfinished Basement

Kitchen

  • 2 Kitchens
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Utilities

  • No Cooling
  • Forced Air Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 05001648000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,575

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,466

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 65.49
  • Sp Amt Sq Ft: 60.68
  • Termite: Follow Showing Instructions
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Dishwashers: 2
  • Disposals: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Cable TV, Carpeting, Laminate Floors, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Third Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes
  • Included Items: Dishwasher, Refrigerator, Stove
  • Living Area Sq Ft: 2060
  • Total Sq Ft: 2060

Exterior Features

  • Exterior: Cement Board
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Sidewalk: Y
  • Street Feature: Concrete
  • Trim: Paint

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1720
  • Lot S F: 7500
  • Lot Size: 50X150
  • Assessor Parcel Number: 05001648000000
  • Zoning: R-1

Rental Info

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

Tax Info

  • Gross Taxes: 2466.00
  • Net Taxes: 2466.00
  • Tax Year: 2018

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2017
Closed on
Jun 26, 2018
Sold by
Music Kirby
Bought by
C And Z Properties Llc
Seller's Agent
Joy Briggs
LPT Realty, LLC
Buyer's Agent
Jordan Coulson
Coldwell Banker Mid-America
List Price
$145,000
Sold Price
$125,000
Premium/Discount to List
-$20,000
-13.79%
Current Estimated Value
$194,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,449
Avg. Annual Appreciation
6.14%
Original Mortgage
$100,000
Outstanding Balance
$86,677
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
$107,772

Purchase Details

Closed on
Jul 28, 2004
Sold by
Barton Colleen Marie
Bought by
Music Kirby
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
C And Z Properties Llc $125,000 None Available
Music Kirby $42,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open C And Z Properties Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2018 06/30/18 Sold $125,000 -13.8% $61 / Sq Ft
05/21/2018 05/21/18 Pending -- -- --
09/29/2017 09/29/17 For Sale $145,000 -- $70 / 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
2025 $3,332 $196,400 $28,500 $167,900
2024 $3,332 $169,400 $24,300 $145,100
2023 $3,114 $169,400 $24,300 $145,100
2022 $3,090 $132,100 $19,900 $112,200
2021 $2,854 $132,100 $19,900 $112,200
2020 $2,914 $114,400 $17,400 $97,000
2019 $2,632 $112,400 $17,400 $95,000
2018 $2,604 $97,900 $15,000 $82,900
2017 $2,466 $97,900 $15,000 $82,900
2016 $2,152 $91,200 $14,000 $77,200
2015 $2,152 $91,200 $14,000 $77,200
2014 $1,962 $90,900 $13,800 $77,100
Source: Public Records

Agents Affiliated with this Home

  • Joy Briggs

    Seller's Agent in 2018

    Joy Briggs

    LPT Realty, LLC

    (515) 975-3602

    2 in this area

    17 Total Sales

    Joy Briggs
    Section Image

  • J

    Buyer's Agent in 2018

    Jordan Coulson

    Coldwell Banker Mid-America

See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 548654

Des Moines Area Association of REALTORS®

APN: 050-01648000000

Iowa Polk County Des Moines 50317 Fairground

2837 E Grand Ave, Des Moines, IA

Not Listed for Sale

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