NOT LISTED FOR SALE

2918 Rutland Ave Des Moines, IA 50311

Drake Neighborhood

Estimated Value: $341,000

-- Bed
4 Baths
2,468 Sq Ft
$138/Sq Ft Est. Value

Last Sold September 12, 2017

Last sale price $145,250 $59 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $2,130/month

62 Days on Market

Highlights

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

About This Home

As of September 2017

24-hour sale.

Last Agent to Sell the Property

Lynn Johnson

RE/MAX Concepts Listed on: 07/12/2017

RE/MAX Concepts

Last Buyer's Agent

OUTSIDE AGENT

OTHER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,450

Year Built

  • Built in 1905

Lot Details

  • 6,800 Sq Ft Lot
  • Lot Dimensions are 50x136

Home Design

  • Asphalt Shingled Roof
  • Metal Siding
  • Stone Siding

Interior Spaces

  • 2,468 Sq Ft Home
  • 2-Story Property
  • 4 Kitchens
  • Laundry Room
  • Unfinished Basement

Utilities

  • No Cooling
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 09003756000000

Community Details

Overview

  • No Home Owners Association

Building Details

  • Operating Expense $748
  • Gross Income $2,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,450

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 60.78
  • Sp Amt Sq Ft: 58.85
  • Termite: Call Listing Agent
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 4
  • Stoves Total: 4
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1048
  • Kitchens: 4
  • Laundry: Yes
  • Living Area Sq Ft: 2468
  • Total Sq Ft: 2468

Exterior Features

  • Exterior: Metal Siding, Stone
  • Foundation: Tile
  • Roof: Asphalt Shingle
  • Sidewalk: Y

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: 748

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1560
  • Lot S F: 6800
  • Lot Size: 50X136
  • Assessor Parcel Number: 09003756000000
  • Zoning: R1-60

Rental Info

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

Tax Info

  • Gross Taxes: 3450.00
  • Net Taxes: 3450.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2017
Closed on
Sep 11, 2017
Sold by
Ministry Place Llc
Bought by
Living Des Moines Llc
Seller's Agent
Lynn Johnson
RE/MAX Concepts
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$150,000
Sold Price
$145,250
Premium/Discount to List
-$4,750
-3.17%
Current Estimated Value
$341,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,750
Avg. Annual Appreciation
11.36%
Original Mortgage
$116,200
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 23, 2015
Sold by
Rottler Steven
Bought by
Ministry Place Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,260,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 12, 2010
Sold by
Rottler Steven
Bought by
Ministry Place Llc

Purchase Details

Closed on
Apr 6, 2010
Sold by
Miller Patricia Ann
Bought by
Rottler Steven

Purchase Details

Closed on
Aug 2, 1999
Sold by
Jones Owen W and Jones Kaylene M
Bought by
Rottler Steven and Miller Patricia Ann
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
Living Des Moines Llc $145,250 --
Ministry Place Llc -- --
Ministry Place Llc $81,895 None Available
Rottler Steven -- None Available
Rottler Steven $41,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Living Des Moines Llc $240,000
Closed Living Des Moines Llc $116,200
Previous Owner Ministry Place Llc $1,260,000
Closed Ministry Place Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2017 09/12/17 Sold $145,250 -3.2% $59 / Sq Ft
08/13/2017 08/13/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $150,000 -- $61 / 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 $3,266 $166,000 $18,000 $148,000
2023 $3,182 $166,000 $18,000 $148,000
2022 $3,718 $135,000 $15,000 $120,000
2021 $3,314 $135,000 $15,000 $120,000
2020 $3,722 $111,000 $13,700 $97,300
2019 $3,276 $111,000 $13,700 $97,300
2018 $3,484 $92,500 $13,700 $78,800
2017 $3,272 $92,500 $13,700 $78,800
2016 $3,412 $83,500 $11,400 $72,100
2015 $3,412 $83,500 $11,400 $72,100
2014 $3,196 $74,500 $11,400 $63,100
Source: Public Records

Agents Affiliated with this Home

  • Lynn Johnson

    Seller's Agent in 2017

    Lynn Johnson

    RE/MAX

    (515) 343-9390

    6 in this area

    235 Total Sales

    Lynn Johnson
    Section Image

  • O

    Buyer's Agent in 2017

    OUTSIDE AGENT

    OTHER

    32 in this area

    5,721 Total Sales

    OUTSIDE AGENT
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 543956

Des Moines Area Association of REALTORS®

APN: 090-03756000000

Iowa Polk County Des Moines 50311 Drake

2918 Rutland Ave, Des Moines, IA

This home is located at 2918 Rutland Ave, Des Moines, IA 50311 since 12 July 2017 and is currently estimated at $341,000, approximately $138 per square foot. This property was built in 1905. 2918 Rutland 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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