NOT LISTED FOR SALE

615 E Mckinley Ave Des Moines, IA 50315

South Central DSM Neighborhood

Estimated Value: $219,728 - $292,000

4 Beds
2 Baths
-- Sq Ft
9,750 Sq Ft Lot

Last Sold August 29, 2014

Last sale price $78,000

Est. 216% increase in value since last sale

Current estimated payment $1,629/month

49 Days on Market

Highlights

  • 2 Kitchens
  • Ranch Style House
  • Forced Air Heating and Cooling System

About This Home

As of August 2014

Great buy on this DUPLEX foreclosure, conveniently located on McKinley with close access to SE 14th. Each unit has 2 BRs, 1 full bath, kitchen, living room, and full walkout basement. Great potential for instant equity and amazing cashflow! Online auction-style open bids on Hubzu.

Last Agent to Sell the Property

Misty Darling

BH&G Real Estate Innovations Listed on: 05/05/2014

Last Buyer's Agent

Stephanie Dart

RE/MAX Concepts

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 9,750 Sq Ft Lot
  • Lot Dimensions are 75 x 130

Home Design

  • Ranch Style House
  • Block Foundation
  • Frame Construction

Additional Features

  • 2 Kitchens
  • Walk-Out Basement
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 12000138004000

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 8.00
  • Sp Amt Sq Ft: 8.00
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 1
  • Basement Description: Walkout
  • Kitchens: 2

Exterior Features

  • Exterior: Frame
  • Foundation: Concrete Block

Garage/Parking

  • Off Street Parking: 4

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: 1

Lot Info

  • Acres: 0.2240
  • Qualifier Acres: More or Less
  • Lot S F: 9750
  • Lot Size: 75 X 130
  • Assessor Parcel Number: 12000138004000
  • Zoning: R-2

Tax Info

  • Gross Taxes: 3255.00
  • Net Taxes: 3255.00
  • Assessor Parcel Number: 615 - 617EMCKINLEYAVEPOLKDESMOINE50315

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2023
Sold by
Perez David M and Perez Eden
Bought by
Cosimo Properties Llc
Current Estimated Value
$246,682

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$93,749
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$152,933

Purchase Details

Closed on
Jun 30, 2017
Sold by
Williams St Llc
Bought by
Perez David M and Perez Eden

Purchase Details

Listed on
May 5, 2014
Closed on
Jul 16, 2014
Sold by
Mortgage Capital Inc
Bought by
Lane Investments Llc
Seller's Agent
Misty Darling
BH&G Real Estate Innovations
Buyer's Agent
Stephanie Dart
RE/MAX Concepts
List Price
$78,000
Sold Price
$78,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.77%

Purchase Details

Closed on
Nov 22, 2013
Sold by
Reo Properties Corporation Ii
Bought by
Dlj Mortgage Capital Inc

Purchase Details

Closed on
Mar 7, 2013
Sold by
Santoyo Cristobal Llamos and Santoyo Cristobal Llamos
Bought by
Reo Properties Corp

Purchase Details

Closed on
May 10, 2007
Sold by
Villalobos Jason
Bought by
Santoyo Cristobal Llamas

Purchase Details

Closed on
Nov 30, 2006
Sold by
Us Bank Na
Bought by
Villalobos Jason

Purchase Details

Closed on
Mar 25, 2005
Sold by
Simms Hoy Lee and Simms Marjorie D
Bought by
Mccollum Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Cosimo Properties Llc $205,000 None Listed On Document
Cosimo Properties Llc $205,000 None Listed On Document
Cosimo Properties Llc $205,000 None Listed On Document
Cosimo Properties Llc $205,000 None Listed On Document
Perez David M -- None Available
Perez David M -- None Available
Lane Investments Llc $78,000 None Available
Lane Investments Llc $78,000 None Available
Dlj Mortgage Capital Inc -- Title & Abstract Reo Inc
Dlj Mortgage Capital Inc -- Title & Abstract Reo Inc
Reo Properties Corp $68,000 None Available
Reo Properties Corp $68,000 None Available
Santoyo Cristobal Llamas $136,500 None Available
Santoyo Cristobal Llamas $136,500 None Available
Villalobos Jason $95,000 None Available
Villalobos Jason $95,000 None Available
Mccollum Michael $134,500 --
Mccollum Michael $134,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cosimo Properties Llc $150,000
Closed Cosimo Properties Llc $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2014 08/29/14 Sold $78,000 0.0% --
06/23/2014 06/23/14 Pending -- -- --
05/05/2014 05/05/14 For Sale $78,000 -- --
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
2025 $3,960 $227,300 $38,000 $189,300
2024 $3,960 $201,300 $33,100 $168,200
2023 $3,846 $201,300 $33,100 $168,200
2022 $3,818 $163,200 $28,000 $135,200
2021 $3,724 $163,200 $28,000 $135,200
2020 $3,868 $149,200 $25,400 $123,800
2019 $3,308 $149,200 $25,400 $123,800
2018 $3,274 $123,100 $20,500 $102,600
2017 $3,170 $123,100 $20,500 $102,600
2016 $3,088 $117,200 $19,300 $97,900
2015 $3,088 $117,200 $19,300 $97,900
2014 $3,361 $127,600 $19,300 $108,300
Source: Public Records

Agents Affiliated with this Home

  • Misty Darling

    Seller's Agent in 2014

    Misty Darling

    BH&G Real Estate Innovations

    (515) 414-0059

    25 in this area

    1,883 Total Sales

    Misty Darling
    Section Image
  • Stephanie Dart

    Buyer's Agent in 2014

    Stephanie Dart

    RE/MAX

    (641) 521-6044

    3 in this area

    149 Total Sales

    Stephanie Dart
    Section Image
  • Shane Torres

    Buyer Co-Listing Agent in 2014

    Shane Torres

    RE/MAX

    (515) 984-0222

    3 in this area

    580 Total Sales

    Shane Torres
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 435370

Des Moines Area Association of REALTORS®

APN: 120-00138004000

Iowa Polk County Des Moines 50315 South Central DSM

615 E Mckinley Ave, Des Moines, IA

Not Listed for Sale

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