$60,500
SOLD OCT 11, 2013
-- Bed
-- Bath
2,851 Sq Ft
7,036 Sq Ft Lot

Recently Sold

$21 Per Sq Ft

20% Below List Price

199 Days on Market

Highlights

  • 3 Kitchens
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of October 2013

3-Plex. Long term tenants. 3 car garage. Large units. Gas and electric on separate meters. Main level has central air. Exterior is asbestos.

Last Agent to Sell the Property

Sean Crow

Keller Williams Realty GDM Listed on: 03/26/2013

Last Buyer's Agent

Cristopher Swaim

Swaim Appraisal

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1909

Lot Details

  • 7,036 Sq Ft Lot

Parking

  • 3 Car Detached Garage

Interior Spaces

  • 3-Story Property
  • 3 Kitchens
  • Laundry Room
  • Unfinished Basement

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 07005290001000

Property Details

Home Type

Multi-Family

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Three Story
  • Lp Amt Sq Ft: 9.00
  • Sp Amt Sq Ft: 9.00
  • Year Built: 1909
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Refrigerators: 3
  • Stoves Total: 3
  • Full Bathrooms: 1
  • Full Bathrooms: 2
  • Basement Description: Unfinished
  • Kitchens: 3
  • Laundry: Yes
  • Storage: No

Exterior Features

  • Exterior: See Remarks
  • Paved: Yes
  • Sidewalk: 1

Garage/Parking

  • Garage: 3 Detached

Utilities

  • Air Conditioner: Central, Window Unit
  • Heat: Gas Forced Air
  • Separate Meters: 1

Condo/Co-op/Association

  • Manager: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1620
  • Lot S F: 7036
  • Assessor Parcel Number: 07005290001000
  • Zoning: R1-60

Rental Info

  • Deposit: No
  • Furnished: No

Tax Info

  • Gross Taxes: 3978.00
  • Net Taxes: 3978.00
  • Assessor Parcel Number: 390011THSTPOLKDESMOINE50313
  • Tax Year: 2013

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 16, 2015
Sold by
Lockstep Llc
Bought by
Pak Kown and Lee Isabel

Purchase Details

Closed on
Sep 23, 2014
Sold by
Lockstep 4 Llc
Bought by
Lockstep Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
4.11%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 26, 2013
Closed on
Oct 9, 2013
Sold by
Markoulatos Rick and Markoulatos Richard
Bought by
Lockstep 4 Llc
Seller's Agent
Sean Crow
Keller Williams Realty GDM
Buyer's Agent
Cristopher Swaim
Swaim Appraisal
List Price
$76,000
Sold Price
$60,500
Premium/Discount to List
-$15,500
-20.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%
Original Mortgage
$69,750
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 27, 2007
Sold by
Country Rose Lc
Bought by
Markoulatos Rick and Markoulatos Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,380
Interest Rate
6.4%

Purchase Details

Closed on
Sep 15, 2005
Sold by
Ellis Donald L and Ellis Sharon A
Bought by
Vanzee Randy and Van Zee Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,975
Interest Rate
5.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2003
Sold by
Archer George H
Bought by
Ellis Donald L and Ellis Sharon A

Purchase Details

Closed on
Jul 7, 1999
Sold by
Archer George H and Archer Bertha Eleen
Bought by
City Of Des Moines Iowa
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 Type Sale Price Title Company
Warranty Deed $101,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $60,500 None Available
Warranty Deed $131,500 None Available
Warranty Deed $97,500 --
Special Warranty Deed $49,500 --
Warranty Deed $2,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $115,102 Commercial
Closed $75,000 Construction
Previous Owner $110,000 Future Advance Clause Open End Mortgage
Previous Owner $69,750 Credit Line Revolving
Previous Owner $26,380 No Value Available
Previous Owner $105,520 Commercial
Previous Owner $87,975 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Price Changed $265,000 +112.0% $93 / Sq Ft
08/15/2025 08/15/25 For Sale $125,000 +106.6% $44 / Sq Ft
10/11/2013 10/11/13 Sold $60,500 -20.4% $21 / Sq Ft
10/11/2013 10/11/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $76,000 -- $27 / 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 $3,404 $173,000 $17,800 $155,200
2023 $3,324 $173,000 $17,800 $155,200
2022 $3,884 $141,000 $14,900 $126,100
2021 $3,644 $141,000 $14,900 $126,100
2020 $4,092 $122,000 $13,500 $108,500
2019 $3,576 $122,000 $13,500 $108,500
2018 $3,804 $101,000 $14,000 $87,000
2017 $3,762 $101,000 $14,000 $87,000
2016 $3,922 $96,000 $11,300 $84,700
2015 $3,922 $96,000 $11,300 $84,700
2014 $3,824 $85,500 $11,300 $74,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 414723

Des Moines Area Association of REALTORS®

APN: 070-05290001000