NOT LISTED FOR SALE

401 Franklin Ave Des Moines, IA 50314

River Bend Neighborhood

Estimated Value: $177,431 - $178,000

-- Bed
2 Baths
2,381 Sq Ft
$75/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $154,000 $65 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,251/month

5 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Forced Air Heating System

About This Home

As of June 2021

This home is located at 401 Franklin Ave, Des Moines, IA 50314 since 07 May 2021 and is currently estimated at $177,716, approximately $74 per square foot. This property was built in 1901. 401 Franklin Ave is a home located in Polk County with nearby schools including Moulton Elementary School, Harding Middle School, and North High School.

Last Agent to Sell the Property

Karoline Benskin

Keller Williams Realty GDM Listed on: 05/07/2021

Keller Williams Realty GDM

Last Buyer's Agent

Meghan O'Brien

Realty ONE Group Impact

Realty ONE Group Impact

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,335

Year Built

  • Built in 1901

Lot Details

  • 8,352 Sq Ft Lot

Home Design

  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,381 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Kitchen

  • 2 Kitchens
  • Stove
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 08000150001000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,335

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 65.06
  • Sp Amt Sq Ft: 64.68
  • Year Built: 1901
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Third Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 952
  • Kitchens: 2
  • Half Bathrooms: 1
  • Half Bathrooms: 1
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 2381
  • Total Sq Ft: 2381

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window Unit
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1920
  • Lot S F: 8352
  • Assessor Parcel Number: 08000150001000
  • Zoning: N5

Rental Info

  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Landlord, Taxes Owner, Water Tenant

Tax Info

  • Gross Taxes: 3335.00
  • Net Taxes: 3335.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 11, 2021
Sold by
Aqualeo Llc
Bought by
Sam Days Holdings Llc
Seller's Agent
Karoline Benskin
Keller Williams Realty GDM
Buyer's Agent
Meghan O'Brien
Realty ONE Group Impact
List Price
$154,900
Sold Price
$154,000
Premium/Discount to List
-$900
-0.58%
Current Estimated Value
$177,716

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,716
Avg. Annual Appreciation
3.73%

Purchase Details

Closed on
Mar 4, 2020
Sold by
Castillo Ruben A and Castillo Molly A
Bought by
Aqualeo Llc

Purchase Details

Listed on
Nov 18, 2019
Closed on
Jan 2, 2020
Sold by
Twister Llc
Bought by
Castillo Ruben and Castillo Alex Ruben
Seller's Agent
Chris Chiaramonte
Century 21 Signature
Buyer's Agent
Karoline Benskin
Keller Williams Realty GDM
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.96%
Original Mortgage
$97,500
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 1, 2017
Closed on
Oct 30, 2017
Sold by
Bbt Rentals Llc
Bought by
Twister Llc
Seller's Agent
OUTSIDE AGENT
OTHER
Buyer's Agent
Chris Chiaramonte
Century 21 Signature
List Price
$55,000
Sold Price
$55,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.11%
Original Mortgage
$97,500
Interest Rate
3.78%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Jan 4, 2016
Closed on
Feb 14, 2017
Sold by
Narita 21 Llc
Bought by
Bbt Rentals Llc
Seller's Agent
Rick Wanamaker
Iowa Realty Mills Crossing
Buyer's Agent
Pennie Carroll
Pennie Carroll & Associates
List Price
$95,000
Sold Price
$57,000
Premium/Discount to List
-$38,000
-40%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.19%

Purchase Details

Closed on
Nov 4, 2005
Sold by
Robb Spearman Llc
Bought by
Rivas Shannon Barry and Rivas Manuel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 3, 2005
Sold by
Schubert Anthony E
Bought by
Robb Spearman Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
5.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 2, 2003
Sold by
Contract Exchange Corp
Bought by
Schubert Anthony E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,900
Interest Rate
9.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 6, 2003
Sold by
Contract Exchange Corp
Bought by
Robb Spearman Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,900
Interest Rate
9.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 29, 2003
Sold by
Spiering David and Spiering Diane
Bought by
Contract Exchange Corp

Purchase Details

Closed on
Jan 14, 2003
Sold by
Towers Steven and Towers Karen
Bought by
Yom Ty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 14, 2000
Sold by
Weinstein Frank E
Bought by
Spiering David and Brown Russell C
Source: Public Records

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Range of Values:

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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
Sam Days Holdings Llc $154,000 None Available
Aqualeo Llc -- None Available
Castillo Ruben $130,000 None Available
Twister Llc $55,000 None Available
Bbt Rentals Llc $57,000 None Available
Rivas Shannon Barry $84,500 --
Robb Spearman Llc $71,500 --
Schubert Anthony E -- --
Robb Spearman Llc $72,000 --
Contract Exchange Corp $27,500 --
Yom Ty $50,000 --
Spiering David $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sam Days Holdings Llc $133,000
Previous Owner Castillo Ruben $97,500
Previous Owner Twister Llc $97,500
Previous Owner Rivas Shannon Barry $68,000
Previous Owner Robb Spearman Llc $71,900
Previous Owner Yom Ty $45,000
Previous Owner Yom Ty $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $154,000 -0.6% $65 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $154,900 +19.2% $65 / Sq Ft
01/02/2020 01/02/20 Sold $130,000 0.0% $55 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
11/18/2019 11/18/19 For Sale $130,000 +136.4% $55 / Sq Ft
10/26/2017 10/26/17 Sold $55,000 0.0% $23 / Sq Ft
09/26/2017 09/26/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $55,000 -3.5% $23 / Sq Ft
02/24/2017 02/24/17 Sold $57,000 -40.0% $24 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
01/04/2016 01/04/16 For Sale $95,000 -- $40 / 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 $3,132 $159,200 $15,400 $143,800
2023 $2,960 $159,200 $15,400 $143,800
2022 $2,938 $125,600 $12,800 $112,800
2021 $2,728 $125,600 $12,800 $112,800
2020 $2,834 $109,300 $11,200 $98,100
2019 $1,556 $109,300 $11,200 $98,100
2018 $1,540 $57,900 $10,100 $47,800
2017 $2,950 $57,900 $10,100 $47,800
2016 $2,874 $109,100 $9,400 $99,700
2015 $2,874 $109,100 $9,400 $99,700
2014 $2,706 $105,700 $9,200 $96,500
Source: Public Records

Agents Affiliated with this Home

  • Karoline Benskin

    Seller's Agent in 2021

    Karoline Benskin

    Keller Williams Realty GDM

    (515) 710-9081

    2 in this area

    66 Total Sales

    Karoline Benskin
    Section Image
  • Meghan O'Brien

    Buyer's Agent in 2021

    Meghan O'Brien

    Realty ONE Group Impact

    (515) 554-5312

    2 in this area

    120 Total Sales

    Meghan O'Brien
    Section Image
  • Chris Chiaramonte

    Seller's Agent in 2020

    Chris Chiaramonte

    Century 21 Signature

    (515) 963-1040

    6 in this area

    160 Total Sales

    Chris Chiaramonte
    Section Image

  • O

    Seller's Agent in 2017

    OUTSIDE AGENT

    OTHER

    7 in this area

    5,769 Total Sales

    OUTSIDE AGENT
    Section Image
  • Rick Wanamaker

    Seller's Agent in 2017

    Rick Wanamaker

    Iowa Realty Mills Crossing

    (515) 771-2412

    285 Total Sales

    Rick Wanamaker
    Section Image
  • Pennie Carroll

    Buyer's Agent in 2017

    Pennie Carroll

    Pennie Carroll & Associates

    (515) 490-8025

    2 in this area

    1,295 Total Sales

    Pennie Carroll
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 628617

Des Moines Area Association of REALTORS®

APN: 080-00150001000

Iowa Polk County Des Moines 50314 River Bend

401 Franklin Ave, Des Moines, IA

This home is located at 401 Franklin Ave, Des Moines, IA 50314 since 07 May 2021 and is currently estimated at $177,716, approximately $74 per square foot. This property was built in 1901. 401 Franklin Ave is a home located in Polk County with nearby schools including Moulton Elementary School, Harding Middle School, and North High School.

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.

Des Moines Area Association of REALTORS® 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.

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