NOT LISTED FOR SALE

617 E Mckinley Ave Des Moines, IA 50315

South Central DSM Neighborhood

Estimated Value: $222,873 - $257,000

-- Bed
2 Baths
1,564 Sq Ft
$149/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $205,000 $131 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,577/month

4 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Laundry Room

About This Home

As of September 2023

Ranch duplex. 2 bedrooms on each side. Fully leased. 900 per month each side. Both sides have walk out basement.

Last Agent to Sell the Property

George Archer

RE/MAX Concepts Listed on: 08/03/2023

RE/MAX Concepts

Last Buyer's Agent

Thomas Mineart

RE/MAX Precision

RE/MAX Precision

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,818

Year Built

  • Built in 1970

Lot Details

  • 9,750 Sq Ft Lot
  • Lot Dimensions are 75x130

Home Design

  • 1,564 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Frame Construction

Additional Features

  • 2 Kitchens
  • 2 Full Bathrooms
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 12000138004000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,818

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 121.48
  • Sp Amt Sq Ft: 131.07
  • Termite: Call Listing Agent
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1564
  • Kitchens: 2
  • Laundry: Yes
  • Living Area Sq Ft: 1564
  • Total Sq Ft: 1564

Exterior Features

  • Exterior: Brick, Frame
  • Foundation: Concrete Block

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2240
  • Lot S F: 9750
  • Lot Size: 75X130
  • Assessor Parcel Number: 12000138004000
  • Zoning: N3A

Rental Info

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

Tax Info

  • Gross Taxes: 3818.00
  • Net Taxes: 3818.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2023
Closed on
Sep 13, 2023
Sold by
Perez David M and Perez Eden
Bought by
Cosimo Properties Llc
Seller's Agent
George Archer
RE/MAX Concepts
Buyer's Agent
Thomas Mineart
RE/MAX Precision
List Price
$190,000
Sold Price
$205,000
Premium/Discount to List
$15,000
7.89%
Views
6
Current Estimated Value
$227,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,696
Avg. Annual Appreciation
4.78%
Original Mortgage
$150,000
Outstanding Balance
$108,000
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$115,904

Purchase Details

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

Purchase Details

Closed on
Jul 16, 2014
Sold by
Mortgage Capital Inc
Bought by
Lane Investments Llc

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,150
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
7.6%
Source: Public Records

Range of Values:

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Average Value
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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
Perez David M -- None Available
Lane Investments Llc $78,000 None Available
Dlj Mortgage Capital Inc -- Title & Abstract Reo Inc
Reo Properties Corp $68,000 None Available
Santoyo Cristobal Llamas $136,500 None Available
Villalobos Jason $95,000 None Available
Mccollum Michael $134,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cosimo Properties Llc $150,000
Previous Owner Williams St Llc $470,000
Previous Owner Santoyo Cristobal Llamas $130,150
Previous Owner Villalobos Jason $120,000
Previous Owner Mccollum Michael $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2023 09/18/23 Sold $205,000 +7.9% $131 / Sq Ft
08/07/2023 08/07/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $190,000 +15.9% $121 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
09/06/2017 09/06/17 Sold $164,000 0.0% $105 / Sq Ft
09/06/2017 09/06/17 For Sale $164,000 -- $105 / 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 $3,960 $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

  • George Archer

    Seller's Agent in 2023

    George Archer

    RE/MAX

    (515) 208-5068

    4 in this area

    112 Total Sales

    Section Image
  • Thomas Mineart

    Buyer's Agent in 2023

    Thomas Mineart

    RE/MAX

    (515) 865-5279

    1 in this area

    74 Total Sales

    Section Image

  • O

    Seller's Agent in 2017

    OUTSIDE AGENT

    OTHER

    21 in this area

    5,738 Total Sales

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 679659

Des Moines Area Association of REALTORS®

APN: 120-00138004000

Iowa Polk County Des Moines 50315 South Central DSM

617 E Mckinley Ave, Des Moines, IA

This home is located at 617 E Mckinley Ave, Des Moines, IA 50315 since 03 August 2023 and is currently estimated at $233,718, approximately $149 per square foot. This property was built in 1970. 617 E Mckinley Ave is a home located in Polk County with nearby schools including Lovejoy Elementary School, Mccombs Middle School, and Lincoln 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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