620 38th St Des Moines, IA 50312
North of Grand NeighborhoodEstimated payment $1,246/month
Total Views
5,462
--
Bed
2
Baths
1,410
Sq Ft
$128
Price per Sq Ft
Highlights
- 2 Kitchens
- Storage
- Hot Water Heating System
- No HOA
About This Home
Two-story duplex income producing property. Tenants pay on time at $889 and $725 monthly. This offers the opportunity for a turn-key investment with an active rental certificate which was renewed January 2025. Several updates over past couple of years including a new roof and several windows changed out to vinyl.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,971
Year Built
- Built in 1913
Lot Details
- 8,750 Sq Ft Lot
- Lot Dimensions are 50x175
Home Design
- Vinyl Siding
Interior Spaces
- 2 Full Bathrooms
- 1,410 Sq Ft Home
- 1.5-Story Property
- Storage
- 2 Kitchens
- Unfinished Basement
Utilities
- Window Unit Cooling System
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 09006039000000
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Gross Income $1,614
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,758 | $140,200 | $44,300 | $95,900 |
| 2023 | $3,042 | $140,200 | $44,300 | $95,900 |
| 2022 | $3,020 | $129,100 | $42,100 | $87,000 |
| 2021 | $2,924 | $129,100 | $42,100 | $87,000 |
| 2020 | $3,038 | $117,200 | $38,400 | $78,800 |
| 2019 | $2,742 | $117,200 | $38,400 | $78,800 |
| 2018 | $2,714 | $102,000 | $33,200 | $68,800 |
| 2017 | $2,434 | $102,000 | $33,200 | $68,800 |
| 2016 | $2,372 | $90,000 | $29,200 | $60,800 |
| 2015 | $2,372 | $90,000 | $29,200 | $60,800 |
| 2014 | $2,044 | $76,900 | $27,300 | $49,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/25/2025 06/25/25 | Price Changed | $179,900 | -5.3% | $128 / Sq Ft |
| 05/14/2025 05/14/25 | For Sale | $189,900 | -- | $135 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $72,500 | None Available | |
| Warranty Deed | $74,500 | -- | |
| Warranty Deed | $39,500 | -- | |
| Contract Of Sale | $40,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $43,000 | No Value Available | |
| Closed | $49,900 | Commercial | |
| Previous Owner | $67,500 | Commercial | |
| Previous Owner | $36,000 | Seller Take Back |
Source: Public Records
Similar Homes in Des Moines, IA
Source: Des Moines Area Association of REALTORS®
MLS Number: 718060
APN: 090-06039000000
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