Seller's Agent in 2019
Rob Brewer
Keller Williams Realty GDM
(515) 707-2855
6 in this area
89 Total Sales
309 8th St West Des Moines, IA 50265
Estimated Value: $183,745 - $201,000
--
Bed
3
Baths
1,892
Sq Ft
$102/Sq Ft
Est. Value
Highlights
- 3 Kitchens
- No HOA
- Forced Air Heating and Cooling System
- Valley High School Rated A
- Storage
- 3-minute walk to Wilson Park
About This Home
As of March 2019Great investment opportunity in fantastic Valley Junction area. Close to bus routes, shopping, and easy commute to anywhere in the metro. Unit #1 upstairs is a 2 bed 1 bath. Unit #2 is a 2 bed 1 bath. Unit #3 is an efficiency apartment. Long term tenants. Owner pays water tenants pay gas & electric. Unit #2 has central air the other two have window units. All appliances belong to owner. Newer water heater. Plenty of parking. Current rental certificates. Room to raise rents. This belongs in your portfolio!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,952
Year Built
- Built in 1900
Lot Details
- 7,250 Sq Ft Lot
- Lot Dimensions are 50x145
Home Design
- Block Foundation
- Frame Construction
- Metal Siding
Interior Spaces
- 3 Full Bathrooms
- 1,892 Sq Ft Home
- 2-Story Property
- Storage
- Unfinished Basement
- Crawl Space
- 3 Kitchens
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
Listing and Financial Details
- Assessor Parcel Number 32004638000000
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- Gross Income $1,295
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 22, 2021
Sold by
Credo Capital
Bought by
Hkl Investments Llc
Total Days on Market
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$129,301
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$64,659
Purchase Details
Closed on
Jul 2, 2021
Sold by
Golden Properties Llc
Bought by
Maliloboo Llc and Credo Capital
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
2.9%
Mortgage Type
Commercial
Purchase Details
Listed on
Jan 10, 2019
Closed on
Mar 6, 2019
Sold by
Mckinney Sharrie Lee and Sharrie Lee Mckinney Trust
Bought by
Golden Properties Llc
Seller's Agent
Rob Brewer
Keller Williams Realty GDM
Buyer's Agent
Donna Koester
EXP Realty, LLC
List Price
$130,000
Sold Price
$126,000
Premium/Discount to List
-$4,000
-3.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.19%
Original Mortgage
$140,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jun 26, 2013
Sold by
Mckinney Sharrie L
Bought by
Mckinney Sharrie Lee
Purchase Details
Closed on
Oct 12, 2006
Sold by
Shelton Heather Michelle
Bought by
Mckinney Sharrie L
Purchase Details
Closed on
Aug 14, 2001
Sold by
T&Gs Inc
Bought by
Shelton Larry Gene and Shelton Heather Michelle
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.23%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hkl Investments Llc | -- | None Listed On Document | |
| Maliloboo Llc | $160,000 | None Available | |
| Golden Properties Llc | $126,000 | None Available | |
| Mckinney Sharrie Lee | -- | None Available | |
| Mckinney Sharrie L | $75,500 | None Available | |
| Shelton Larry Gene | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hkl Investments Llc | $144,000 | |
| Closed | Hkl Investments Llc | $144,000 | |
| Previous Owner | Maliloboo Llc | $160,000 | |
| Previous Owner | Golden Properties Llc | $140,000 | |
| Previous Owner | Shelton Larry Gene | $56,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/07/2019 03/07/19 | Sold | $126,000 | -3.1% | $67 / Sq Ft |
| 02/28/2019 02/28/19 | Pending | -- | -- | -- |
| 01/10/2019 01/10/19 | For Sale | $130,000 | -- | $69 / 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 | $3,044 | $192,000 | $36,700 | $155,300 |
| 2023 | $3,012 | $192,000 | $36,700 | $155,300 |
| 2022 | $3,506 | $156,000 | $30,700 | $125,300 |
| 2021 | $3,072 | $156,000 | $30,700 | $125,300 |
| 2020 | $3,270 | $128,000 | $27,900 | $100,100 |
| 2019 | $2,878 | $128,000 | $27,900 | $100,100 |
| 2018 | $3,100 | $106,600 | $28,000 | $78,600 |
| 2017 | $2,036 | $106,600 | $28,000 | $78,600 |
| 2016 | $1,992 | $96,300 | $25,400 | $70,900 |
| 2015 | $1,992 | $96,300 | $25,400 | $70,900 |
| 2014 | $1,887 | $91,000 | $23,800 | $67,200 |
Source: Public Records
Agents Affiliated with this Home
-
Rob Brewer
-
Donna Koester
Buyer's Agent in 2019
Donna Koester
EXP Realty, LLC
(515) 979-5264
1 in this area
15 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 575005
APN: 320-04638000000
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