NOT LISTED FOR SALE

Estimated Value: $320,992 - $326,000

-- Bed
5 Baths
3,073 Sq Ft
$105/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $280,000 $91 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,395/month

3 Days on Market

Highlights

  • 4 Kitchens
  • No HOA
  • Forced Air Heating System

About This Home

As of September 2022

This home is located at 5511 Grand Ave, Des Moines, IA 50312 since 15 July 2022 and is currently estimated at $323,496, approximately $105 per square foot. This property was built in 1918. 5511 Grand Ave is a home located in Polk County with nearby schools including Hanawalt Elementary School, Merrill Middle School, and Roosevelt High School.

Last Agent to Sell the Property

Lori Adrianse

RE/MAX Concepts Listed on: 07/15/2022

RE/MAX Concepts

Last Buyer's Agent

Kathryn Wheeler

Iowa Realty Beaverdale

Iowa Realty Beaverdale

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1918

Lot Details

  • 0.34 Acre Lot

Home Design

  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 3,073 Sq Ft Home
  • 1.5-Story Property
  • 4 Kitchens
  • Unfinished Basement

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 09007416002000

Property Details

Home Type

Multi-Family

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 91.12
  • Sp Amt Sq Ft: 91.12
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Refrigerators: 4
  • Stoves Total: 4
  • Total Bathrooms: 5.00
  • Full Bathrooms: 3
  • First Floor Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Partial Bath Total: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 727
  • Kitchens: 4
  • Living Area Sq Ft: 3073
  • Partial Bathrooms: 1
  • Partial Bathrooms: 1
  • Total Sq Ft: 3073

Exterior Features

  • Exterior: Frame
  • Foundation: Tile
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Detached
  • Off Street Parking: 4

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: 0.3380
  • Lot S F: 14722
  • Assessor Parcel Number: 09007416002000
  • Zoning: N5

Tax Info

  • Gross Taxes: 8612.00
  • Net Taxes: 8612.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2015
Sold by
Rca Properties Llc
Bought by
Adrianse Richard and Adrianse Lori
Total Days on Market
3
Current Estimated Value
$323,496

Purchase Details

Closed on
Aug 27, 2015
Sold by
Lynner Carolyn and Thornton Keith
Bought by
Rca Properties Llc

Purchase Details

Closed on
Jul 25, 2002
Sold by
Williams Chad L and Williams Karen C
Bought by
Thornton Keith and Lynner Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,584
Interest Rate
6.13%
Mortgage Type
Commercial
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
Adrianse Richard -- None Available
Rca Properties Llc $182,500 Attorney
Thornton Keith $149,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheelhouse Enterprises Llc $266,250
Closed Adrianse Richard C $300,000
Previous Owner Thornton Keith $106,584
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2022 09/16/22 Sold $280,000 0.0% $91 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
07/15/2022 07/15/22 For Sale $280,000 -- $91 / 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 $6,944 $353,000 $46,700 $306,300
2023 $6,764 $353,000 $46,700 $306,300
2022 $7,906 $287,000 $39,100 $247,900
2021 $7,018 $287,000 $39,100 $247,900
2020 $7,882 $235,000 $35,500 $199,500
2019 $6,906 $235,000 $35,500 $199,500
2018 $7,344 $195,000 $35,500 $159,500
2017 $6,898 $195,000 $35,500 $159,500
2016 $7,192 $176,000 $29,500 $146,500
2015 $7,192 $176,000 $29,500 $146,500
2014 $6,736 $157,000 $29,500 $127,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 656425

Des Moines Area Association of REALTORS®

APN: 090-07416002000