PENDING
$50K PRICE DROP
3820 Grand Ave Des Moines, IA 50312
Salisbury Oaks NeighborhoodEstimated payment $4,011/month
Total Views
11,487
--
Bed
6
Baths
4,133
Sq Ft
$139
Price per Sq Ft
Highlights
- 6 Kitchens
- No HOA
- Forced Air Heating and Cooling System
About This Home
Attention investors and developers! 6 unit investment property in the heart of one of Des Moines' most popular neighborhoods. The property features 6- 1 bedroom and 1 bath units as well as a large off street parking area. On nearly a half acre, this property would be prime for redevelopment along with all of the other new developments on the Grand and Ingersoll corridor.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,027
Year Built
- Built in 1910
Home Design
- Brick Foundation
- Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 6 Full Bathrooms
- 4,133 Sq Ft Home
- 2-Story Property
- 6 Kitchens
Additional Features
- 0.49 Acre Lot
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 09001175001000
Community Details
Overview
- No Home Owners Association
- 6 Units
Building Details
- Gross Income $5,015
Map
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Home Values in the Area
Average Home Value in this Area
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 | $9,068 | $461,000 | $67,400 | $393,600 |
| 2023 | $8,838 | $461,000 | $67,400 | $393,600 |
| 2022 | $10,330 | $375,000 | $56,400 | $318,600 |
| 2021 | $9,168 | $375,000 | $56,400 | $318,600 |
| 2020 | $10,296 | $307,000 | $51,200 | $255,800 |
| 2019 | $9,030 | $307,000 | $51,200 | $255,800 |
| 2018 | $9,604 | $255,000 | $51,200 | $203,800 |
| 2017 | $9,014 | $255,000 | $51,200 | $203,800 |
| 2016 | $9,398 | $230,000 | $42,500 | $187,500 |
| 2015 | $9,398 | $230,000 | $42,500 | $187,500 |
| 2014 | $9,748 | $218,000 | $42,500 | $175,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | Pending | -- | -- | -- |
| 06/12/2025 06/12/25 | Price Changed | $575,000 | -4.2% | $139 / Sq Ft |
| 05/15/2025 05/15/25 | Price Changed | $599,900 | -4.0% | $145 / Sq Ft |
| 04/16/2025 04/16/25 | For Sale | $625,000 | -- | $151 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Corporate Deed | -- | Itc | |
| Contract Of Sale | $265,000 | -- | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $228,000 | Commercial | |
| Closed | $224,000 | Commercial | |
| Previous Owner | $230,000 | Seller Take Back | |
| Previous Owner | $230,000 | Commercial |
Source: Public Records
Similar Homes in Des Moines, IA
Source: Des Moines Area Association of REALTORS®
MLS Number: 715773
APN: 090-01175001000
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