NOT LISTED FOR SALE

Estimated Value: $319,831

4 Beds
8 Baths
-- Sq Ft
0.3 Acres

Last Sold March 12, 2014

Last sale price $177,100

Est. 81% increase in value since last sale

Current estimated payment $1,919/month

118 Days on Market

Highlights

  • 8 Kitchens
  • Storage
  • Forced Air Heating System
  • Laundry Room
  • Accessible Ramps

About This Home

As of March 2014

Oak Park/Highland Park Investors -- 8plex i.e. 7-1BR Units, 1-2BR Unit; Metal/Vinyl Exterior; Basement offers Landlord/Tenant Storage, Laundry Facilities, Pop Machine; Parking Off-street; Good Condition; Owner finds these units are EZ to Rent. Great Location-Close to Downtown, Bus line, Shopping - Park Fair Mall, EZ access to major Travelways. Tenants responsible for their own Cooking Gas & Electric; Landlord responsible for paying the remaining utilities.

Last Listed By

Barry Hesse

RE/MAX Concepts Listed on: 11/14/2013

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1919

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100 x 130

Home Design

  • Frame Construction
  • Metal Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Storage
  • Laundry Room
  • 8 Kitchens
  • Unfinished Basement

Accessible Home Design

  • Accessible Ramps

Utilities

  • No Cooling
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 07001997000000

Community Details

Overview

  • 8 Units

Building Details

  • Operating Expense $830
  • Gross Income $4,350

Property Details

Home Type

Multi-Family

Year Built

Built in 1919

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 13.00
  • Sp Amt Sq Ft: 14.00
  • Year Built: 1919
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 8
  • Stoves Total: 8
  • Full Bathrooms: 7
  • Full Bathrooms: 1
  • Basement Description: Unfinished
  • Kitchens: 8
  • Laundry: Yes
  • Storage: Yes
  • Handicap Features: Ramp

Exterior Features

  • Exterior: Frame, Metal Siding, Vinyl Siding
  • Foundation: Poured
  • Paved: No
  • Sidewalk: 1

Garage/Parking

  • Off Street Parking: 8

Utilities

  • Air Conditioner: None
  • Heat: Gas Forced Air
  • Separate Meters: 1

Condo/Co-op/Association

  • Manager: Yes

Fee Information

  • Total Expense: 830

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2980
  • Qualifier Acres: More or Less
  • Lot S F: 13000
  • Lot Size: 100 x 130
  • Assessor Parcel Number: 07001997000000
  • Zoning: C-2

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Electric Landlord, Electric Tenant, Gas Landlord, Gas Tenant, Insurance Landlord, Misc Exp Landlord, Water Landlord

Tax Info

  • Gross Taxes: 9286.00
  • Net Taxes: 9286.00
  • Assessor Parcel Number: 36105THAVEPOLKDESMOINE50313
  • Tax Year: 2014

Multi Family

  • Total Units: 8

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2022
Sold by
Neighborhood Development Corporation
Bought by
Invest Dsm Inc
Total Days on Market
118
Current Estimated Value
$319,831

Purchase Details

Listed on
Nov 14, 2013
Closed on
Mar 11, 2014
Sold by
Geisse Donald L
Bought by
The Housing Group Llc
Seller's Agent
Barry Hesse
RE/MAX Concepts
Buyer's Agent
Kent Lehs
Iowa Realty Beaverdale
List Price
$175,000
Sold Price
$177,100
Premium/Discount to List
$2,100
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.55%
Original Mortgage
$123,970
Interest Rate
4.35%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 2004
Sold by
Sanders Lawrence F and Sanders Sharon K
Bought by
Geisse Donald L

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
Invest Dsm Inc -- None Listed On Document
The Housing Group Llc $177,500 None Available
Geisse Donald L $193,000 None Available
Geisse Donald L $193,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Housing Group Llc $125,000
Previous Owner Housing Group Llc $63,000
Previous Owner The Housing Group Llc $123,970
Closed Geisse Donald L $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2014 03/12/14 Sold $177,100 +1.2% --
02/10/2014 02/10/14 Pending -- -- --
11/14/2013 11/14/13 For Sale $175,000 -- --
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 $1,546 $78,600 $78,600 $0
2023 $1,550 $78,600 $78,600 $0
2022 $8,402 $65,800 $65,800 $0
2021 $7,466 $305,000 $65,900 $239,100
2020 $8,384 $250,000 $59,900 $190,100
2019 $7,366 $250,000 $59,900 $190,100
2018 $7,834 $208,000 $59,900 $148,100
2017 $7,368 $208,000 $59,900 $148,100
2016 $7,682 $188,000 $50,000 $138,000
2015 $7,682 $188,000 $50,000 $138,000
2014 $7,594 $177,000 $50,000 $127,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 427537

Des Moines Area Association of REALTORS®

APN: 070-01997000000