NOT LISTED FOR SALE

618 Euclid Ave Des Moines, IA 50313

Oak Park Neighborhood

Estimated Value: $223,090

-- Bed
2 Baths
2,608 Sq Ft
$86/Sq Ft Est. Value

Last Sold September 17, 2018

Last sale price $110,000 $42 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,374/month

97 Days on Market

Highlights

  • 2 Kitchens
  • Forced Air Heating System
  • Baseboard Heating
  • No HOA

About This Home

As of September 2018

Great cash flow ! Separate utilities. 1 3 bed unit and 1 2 bed / possible 3 bed unit. Lots of updates incl. 2 newer water heaters, furnace, energy efficient windows throughout, roof and gutters. Extra insulation has been added to walls and attic.

Last Agent to Sell the Property

George Archer

RE/MAX Concepts Listed on: 06/12/2018

RE/MAX Concepts

Last Buyer's Agent

Maddy Moline

Century 21 Signature

Century 21 Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,242

Year Built

  • Built in 1908

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50x132

Home Design

  • Block Foundation
  • Metal Siding

Interior Spaces

  • 2,608 Sq Ft Home
  • 2-Story Property
  • 2 Kitchens
  • Unfinished Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 07004051000000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $1,540

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,242

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 49.81
  • Sp Amt Sq Ft: 42.18
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Third Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Kitchens: 2
  • Living Area Sq Ft: 2608
  • Total Sq Ft: 2608

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Concrete Block, Tile

Garage/Parking

  • Off Street Parking: 3

Utilities

  • Air Conditioner: Window Unit
  • Heat: Electric Baseboard, Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1520
  • Lot S F: 6600
  • Lot Size: 50X132
  • Assessor Parcel Number: 07004051000000
  • Zoning: C-2

Rental Info

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

Tax Info

  • Gross Taxes: 2242.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 8, 2020
Sold by
Dgrep 1 Llc
Bought by
Invest Dsm Inc
Current Estimated Value
$223,090

Purchase Details

Listed on
Jun 12, 2018
Closed on
Sep 10, 2018
Sold by
Tw Investments L L C
Bought by
Dgrep 1 L L C
Seller's Agent
George Archer
RE/MAX Concepts
Buyer's Agent
Maddy Moline
Century 21 Signature
List Price
$129,900
Sold Price
$110,000
Premium/Discount to List
-$19,900
-15.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.30%
Original Mortgage
$86,250
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 19, 2014
Sold by
Walker Steve S and Walker Paula A
Bought by
Tw Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.11%
Mortgage Type
Commercial
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
Invest Dsm Inc $150,000 None Available
Dgrep 1 L L C $110,000 None Available
Tw Investments Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dgrep 1 L L C $86,250
Previous Owner Tw Investments Llc $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2018 09/17/18 Sold $110,000 -15.3% $42 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
06/12/2018 06/12/18 For Sale $129,900 -- $50 / 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
2025 $2,384 $21,100 $21,100 --
2024 $2,384 $18,300 $18,300 --
2023 $2,384 $18,300 $18,300 $0
2022 $2,384 $15,400 $15,400 $0
2021 $2,384 $112,900 $19,300 $93,600
2020 $2,476 $99,900 $17,200 $82,700
2019 $2,468 $99,900 $17,200 $82,700
2018 $2,442 $91,800 $15,700 $76,100
2017 $2,242 $91,800 $15,700 $76,100
2016 $2,184 $82,900 $14,100 $68,800
2015 $2,184 $82,900 $14,100 $68,800
2014 $2,166 $84,600 $13,200 $71,400
Source: Public Records

Agents Affiliated with this Home

  • George Archer

    Seller's Agent in 2018

    George Archer

    RE/MAX

    (515) 208-5068

    5 in this area

    97 Total Sales

    George Archer
    Section Image

  • M

    Buyer's Agent in 2018

    Maddy Moline

    Century 21 Signature

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 563208

Des Moines Area Association of REALTORS®

APN: 070-04051000000

Iowa Polk County Des Moines 50313 Oak Park

618 Euclid Ave, Des Moines, IA

Not Listed for Sale

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