$197,500
SOLD SEP 24, 2024
-- Bed
2 Baths
2,354 Sq Ft
6,681 Sq Ft Lot

Recently Sold

$84 Per Sq Ft

6% Below List Price

32 Days on Market

About This Home

As of September 2024

Fully rented 3 plex located in Highland Park. This property is currently located in the Invest Des Moines area.
Unit 1 rents for $750 per month
Unit 2 rents for $750 per month and also rents the 2 car garage for $100 per month
Unit 3 rents for $750 per month.
Laundry in all units. Separate Electric Meters. Water is billed back to tenant.
New fire escape off of one of the units and new back porch off the other.
Current City Rental Certificate.
This property could be sold with 1313 13th Street, 1500 57th Street and 1906 55th Street.

Last Agent to Sell the Property

Jill Bassman

Bassman Real Estate Listed on: 07/12/2024

Last Buyer's Agent

Andrew Bruellman

RE/MAX Concepts

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,228

Year Built

  • Built in 1913

Lot Details

  • 6,681 Sq Ft Lot
  • Lot Dimensions are 51x131

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 2 Bathrooms
  • 2,354 Sq Ft Home
  • 1.5-Story Property
  • 3 Kitchens

Listing and Financial Details

  • Assessor Parcel Number 07003998000000

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $2,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,228

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 87.09
  • Sp Amt Sq Ft: 83.90
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Sq Ft Bsmt: 1011
  • Kitchens: 3
  • Half Bathrooms: 1
  • Living Area Sq Ft: 2354
  • Partial Bathrooms: 1
  • Total Sq Ft: 2354

Garage/Parking

  • Garage: 2 Detached

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1530
  • Lot S F: 6681
  • Lot Size: 51X131
  • Assessor Parcel Number: 07003998000000
  • Zoning: R1-60

Tax Info

  • Gross Taxes: 3228.00
  • Net Taxes: 3228.00

Multi Family

  • Total Units: 3

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2024
Closed on
Sep 13, 2024
Sold by
D Claire Properties Llc
Bought by
Galland Isaiah C and Galland Katelyn E
Seller's Agent
Jill Bassman
Bassman Real Estate
Buyer's Agent
Andrew Bruellman
RE/MAX Concepts
List Price
$210,000
Sold Price
$197,500
Premium/Discount to List
-$12,500
-5.95%
Views
20
Current Estimated Value
$210,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,046
Avg. Annual Appreciation
4.62%
Original Mortgage
$148,125
Outstanding Balance
$147,214
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$58,009

Purchase Details

Listed on
Jan 4, 2021
Closed on
Mar 8, 2021
Sold by
Open Door Properties Ia Llc
Bought by
D Claire Properties Llc
Seller's Agent
Jenn Ho Goh
Realty One Group Impact
Buyer's Agent
Member Non
CENTRAL IOWA BOARD OF REALTORS
List Price
$190,000
Sold Price
$165,000
Premium/Discount to List
-$25,000
-13.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$345,000
Interest Rate
2.73%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 24, 2019
Sold by
Barbieri Robert and Barbieri Suzette
Bought by
Open Door Properties Ia Llc

Purchase Details

Closed on
Nov 22, 2005
Sold by
Biehn Tommy L and Biehn Charla E
Bought by
Barbieri Robert and Barbieri Suzette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,850
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 20, 2004
Sold by
Biehn Tommy L and Biehn Charla E
Bought by
Biehn Tommy L
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 Type Sale Price Title Company
Warranty Deed $197,500 None Listed On Document
Warranty Deed $165,000 None Available
Warranty Deed $112,000 None Available
Warranty Deed $148,500 --
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $148,125 New Conventional
Previous Owner $345,000 Purchase Money Mortgage
Previous Owner $97,474 Stand Alone Refi Refinance Of Original Loan
Previous Owner $96,850 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2024 09/24/24 Sold $197,500 -3.7% $84 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
07/24/2024 07/24/24 Price Changed $205,000 -2.4% $87 / Sq Ft
07/12/2024 07/12/24 For Sale $210,000 +27.3% $89 / Sq Ft
03/08/2021 03/08/21 Sold $165,000 0.0% $70 / Sq Ft
03/08/2021 03/08/21 Sold $165,000 -13.2% $70 / Sq Ft
02/26/2021 02/26/21 Pending -- -- --
01/19/2021 01/19/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $190,000 -5.0% $81 / Sq Ft
12/10/2020 12/10/20 For Sale $200,000 -- $85 / 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 $3,324 $169,000 $16,900 $152,100
2023 $3,228 $169,000 $16,900 $152,100
2022 $3,774 $137,000 $14,100 $122,900
2021 $3,344 $137,000 $14,100 $122,900
2020 $3,756 $112,000 $12,800 $99,200
2019 $5,206 $112,000 $12,800 $99,200
2018 $5,536 $147,000 $12,800 $134,200
2017 $5,212 $147,000 $12,800 $134,200
2016 $5,434 $133,000 $10,500 $122,500
2015 $5,434 $133,000 $10,500 $122,500
2014 $5,276 $118,000 $10,500 $107,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 699091

Des Moines Area Association of REALTORS®

APN: 070-03998000000