2940 Brattleboro Ave Unit 1 & 2 Des Moines, IA 50311
Drake NeighborhoodEstimated Value: $247,000 - $254,101
--
Bed
2
Baths
2,142
Sq Ft
$117/Sq Ft
Est. Value
Highlights
- 2 Kitchens
- No HOA
- Storage
- Wood Flooring
- Laundry Room
- Forced Air Heating System
About This Home
As of June 2020Check out this cash-flowing investment property with gross rental income of $2200 monthly! Wow, this location is phenomenal, as it's within walking distance to Drake University, and has easy access to the interstate. This property has newer windows, updates to flooring, updated kitchens, and laundry in the basement. Contact your realtor to schedule a showing today! The rental certificate for this property is good for 2 years.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,528
Year Built
- Built in 1895
Lot Details
- 6,600 Sq Ft Lot
- Lot Dimensions are 50x132
Parking
- Gravel Driveway
Home Design
- Duplex
- Brick Foundation
- Asphalt Shingled Roof
- Metal Siding
Interior Spaces
- 2 Full Bathrooms
- 2,142 Sq Ft Home
- Storage
- Fire and Smoke Detector
- Unfinished Basement
Kitchen
- 2 Kitchens
- Stove
- Microwave
Flooring
- Wood
- Carpet
- Vinyl
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Window Unit Cooling System
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 09003676000000
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $7,164
- Gross Income $26,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 6, 2020
Closed on
Jun 8, 2020
Sold by
Conner Investments Llc
Bought by
Sam Days Holdings Llc
Seller's Agent
Joel Conner
Realty ONE Group Impact
Buyer's Agent
Meghan O'Brien
Realty ONE Group Impact
List Price
$195,000
Sold Price
$192,000
Premium/Discount to List
-$3,000
-1.54%
Total Days on Market
30
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,551
Avg. Annual Appreciation
5.58%
Purchase Details
Closed on
Oct 19, 2018
Sold by
Glasgow Properties Llc
Bought by
Conner Investments Llc
Purchase Details
Closed on
Dec 28, 2012
Sold by
Gm Properties Llc
Bought by
Glasgow Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
3.34%
Purchase Details
Closed on
Mar 29, 2004
Sold by
Gm Properties Llc
Bought by
Miller Marcus J and Miller Sarah M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.65%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 31, 2003
Sold by
Des Moines Area Rentals Lc
Bought by
Gm Properties Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,050
Interest Rate
7%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 27, 1999
Sold by
Baner Terril M
Bought by
Sheffer Eugene C and Sheffer Heather E
Purchase Details
Closed on
May 20, 1997
Sold by
Contract Exchange Corp
Bought by
Terrill M Baner Md Ltd
Purchase Details
Closed on
Apr 15, 1997
Sold by
Stokstad Arden and Stokstad Robyn
Bought by
Contract Exchange Corp
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 |
|---|---|---|---|
| Sam Days Holdings Llc | $192,000 | None Available | |
| Conner Investments Llc | $137,000 | None Available | |
| Glasgow Properties Llc | $119,250 | None Available | |
| Miller Marcus J | -- | -- | |
| Gm Properties Llc | $84,500 | -- | |
| Sheffer Eugene C | $56,500 | -- | |
| Terrill M Baner Md Ltd | -- | -- | |
| Contract Exchange Corp | -- | -- | |
| Sheffer Eugene C | $57,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sam Days Holdings Llc | $147,000 | |
| Previous Owner | Glasgow Properties Llc | $75,000 | |
| Previous Owner | Miller Marcus J | $90,000 | |
| Previous Owner | Gm Properties Llc | $76,050 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/09/2020 06/09/20 | Sold | $192,000 | -1.5% | $90 / Sq Ft |
| 06/05/2020 06/05/20 | Pending | -- | -- | -- |
| 05/06/2020 05/06/20 | For Sale | $195,000 | -- | $91 / 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 | $3,522 | $179,000 | $23,000 | $156,000 |
| 2023 | $3,258 | $179,000 | $23,000 | $156,000 |
| 2022 | $3,232 | $138,200 | $18,600 | $119,600 |
| 2021 | $2,832 | $138,200 | $18,600 | $119,600 |
| 2020 | $2,942 | $113,500 | $16,500 | $97,000 |
| 2019 | $2,528 | $113,500 | $16,500 | $97,000 |
| 2018 | $2,504 | $94,100 | $12,000 | $82,100 |
| 2017 | $2,106 | $94,100 | $12,000 | $82,100 |
| 2016 | $2,052 | $77,900 | $10,800 | $67,100 |
| 2015 | $2,052 | $77,900 | $10,800 | $67,100 |
| 2014 | $2,112 | $79,500 | $11,000 | $68,500 |
Source: Public Records
Agents Affiliated with this Home
-
Joel Conner
Seller's Agent in 2020
Joel Conner
Realty ONE Group Impact
(515) 205-6388
3 in this area
58 Total Sales
-
Meghan O'Brien
Buyer's Agent in 2020
Meghan O'Brien
Realty ONE Group Impact
(515) 554-5312
16 in this area
126 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 604543
APN: 090-03676000000
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.
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
- 1080 31st St
- 2918 Rutland Ave
- 3315 Cottage Grove Ave
- 3330 University Ave
- 3114 School St
- 1152 27th St
- 1143 27th St
- 1109 27th St
- 3515 Kingman Blvd
- 1126 36th St
- 986 27th St
- 1067 37th St
- 1422 31st St
- 1070 37th St
- 2419 Cottage Grove Ave
- 918 35th St
- 962 & 966 26th St
- 1450 30th St
- 1107 24th St
- 1502 29th St
- 2940 Brattleboro Ave
- 2940 Brattleboro Ave Unit 1 & 2
- 2936 Brattleboro Ave
- 2942 Brattleboro Ave
- 2932 Brattleboro Ave
- 2937 Cottage Grove Ave
- 2939 Cottage Grove Ave
- 2928 Brattleboro Ave
- 2935 Cottage Grove Ave
- 1112 31st St
- 1116 31st St
- 2926 Brattleboro Ave
- 2931 Cottage Grove Ave
- 3101 Cottage Grove Ave
- 1118 31st St
- 1120 31st St
- 1130 31st St
- 2920 Brattleboro Ave
- 3105 Cottage Grove Ave
- 2919 Cottage Grove Ave