NOT LISTED FOR SALE

Estimated Value: $193,000 - $305,098

-- Bed
1 Bath
600 Sq Ft
$444/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $222,000 $370 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,555/month

80 Days on Market

About This Home

As of May 2020

Investors, this is your opportunity. For those who're looking for a unique project, look no further. Some major renovation has already been completed in this multi-unit building. The original layout had ten units complete with kitchens and bathrooms. The current layout has been stripped down with all of the old materials removed. This is prime for those who're looking for redevelopment. Work already complete: New Electrical, roof, and windows.

Last Listed By

Zac Bales-Henry

Black Phoenix Group Listed on: 02/10/2020

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1925

Home Design

  • 600 Sq Ft Home
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Utilities

  • No Cooling

Community Details

  • No Home Owners Association
  • 10 Units

Listing and Financial Details

  • Assessor Parcel Number 07005065001001

Property Details

Home Type

Apartment

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Apartment Style
  • Lp Amt Sq Ft: 416.50
  • Sp Amt Sq Ft: 370.00
  • Unit: 1
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Sq Ft: 600
  • Total Sq Ft: 600

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: None

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Assessor Parcel Number: 07005065001001
  • Zoning: C-0

Tax Info

  • Gross Taxes: 7905.00
  • Net Taxes: 7905.00
  • Tax Year: 2020

Multi Family

  • Total Units: 10

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 23, 2017
Sold by
Citizens State Bank
Bought by
Barbara Place Revocable Trust
Total Days on Market
80
Current Estimated Value
$266,525

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Des Moines, IA

  • 1527 Forest Ave, Des Moines, IA 50314

    $249,000

    • Studio
    • 2 Baths
    • 3,729 Sq Ft
    • 1527 Forest Ave
    • Des Moines, IA

    Turnkey duplex opportunity at 1527 Forest Ave in Des Moines—perfect for investors! This solid brick and stucco property features two spacious 2-bed/1-bath units, both with original hardwood floors, updated electrical, and composite windows. Recent exterior upgrades include a brand-new roof, soffit, gutters, and fascia. Located directly across from a park on a corner lot, the property offers

    Eric Fitzgerald Keller Williams Realty GDM

    Section Image
  • 2900 High St, Des Moines, IA 50312

    $285,000

    • Studio
    • 2 Baths
    • 3,146 Sq Ft
    • 2900 High St
    • Des Moines, IA

    Fantastic income-producing duplex just one block from Ingersoll Avenue! This well-maintained property features two spacious units, large kitchens with dining areas, and bright, open living spaces. There are separate laundry units in the basement for each unit. Recent updates include a new roof (2022), foundation repair (2023), electrical panels have been upgraded to 200 A service and the wiring

    Eric Fitzgerald Keller Williams Realty GDM

    Section Image
  • 4025 54th St, Des Moines, IA 50310

    $260,000

    • Studio
    • 2 Baths
    • 1,358 Sq Ft
    • 4025 54th St
    • Des Moines, IA

    4025 54th St is a rock-solid duplex that makes sense from every angle—whether you're a first-time house hacker or a seasoned investor looking to expand your portfolio. With both units currently vacant, you're free to move in and offset your mortgage with rental income, or lease out both sides at market rent with zero downtime. The property includes an upper 3-bedroom, 1-bath unit and a lower

    Darson Grantham Keller Williams Realty GDM

    Section Image
  • 1125 Clinton Ave, Des Moines, IA 50313

    $295,000

    • Studio
    • 2 Baths
    • 2,477 Sq Ft
    • 1125 Clinton Ave
    • Des Moines, IA

    This duplex features remodeling to include electrical, plumbing, floors, paint, doors, fixtures, lighting, etc. It has a 10 year TAX ABATEMENT!! All units have separate entrances and off-street parking.The downstairs unit has a large basement. The upstairs has 3 bedroom, 1 bath, washer/dryer, kitchen and dining area and living room; the downstairs unit has 3 bedrooms (1 non-conforming in the

    Audra Sypolt RE/MAX Concepts

    Section Image
  • 1608 Mondamin Ave, Des Moines, IA 50314

    $245,000

    • Studio
    • 2 Baths
    • 1,056 Sq Ft
    • 1608 Mondamin Ave
    • Des Moines, IA

    Newly updated Duplex. I bed 1 bath on each side. With 2 non conforming bedrooms and living space in the basement. New roof, siding, gutters, mechanicals, plumbing and electrical in basement. Permits pulled so home could be eligible for a tax abatement. Call the city of Des Moines for the details. Yard is fully fenced. Driveways for parking off street as well.

    Joanne May RE/MAX Revolution

    Section Image
  • 5435 NW 4th Ct, Des Moines, IA 50313

    $269,900

    • Studio
    • 2 Baths
    • 1,950 Sq Ft
    • 5435 NW 4th Ct
    • Des Moines, IA

    Discover the perfect investment opportunity or owner-occupied residence with this 2 story top-bottom duplex ideally situated just off of 2nd Ave with convenient interstate access. The bottom unit is currently occupied: 2 BR, 1 BA rents at $1,100.00/mo. The upper unit is unoccupied: 3BR, 1 BA previously rented for $1,110.00/mo. Separate meters with tenants paying for gas, electric and water. Each

    Derek Eisenberg Continental Real Estate Group

    Section Image
  • 5515 & 5517 NE 1st St, Des Moines, IA 50313

    $238,500

    • 2 Beds
    • 1 Bath
    • 1,408 Sq Ft
    • 5515 & 5517 NE 1st St
    • Des Moines, IA

    Great Investment Opportunity in North Des Moines!Don't miss this well-maintained duplex featuring 2-bedroom, 1-bath units perfect for investors or owner-occupants. Recent updates include a new roof (2022), updated LVP flooring, fresh interior and exterior paint, and a bathroom remodel in unit 5515. Plus Unit 5515 also includes a finished non-conforming 3rd bedroom and partially finished bonus

    Michelle Hanson RE/MAX Concepts

    Section Image
  • 4217 Clinton Ave, Des Moines, IA 50310

    $275,000

    • Studio
    • 2 Baths
    • 1,998 Sq Ft
    • 4217 Clinton Ave
    • Des Moines, IA

    All-brick two-story duplex in a prime location on the edge of Beaverdale! Each side features two spacious bedrooms and one full bath, offering a fantastic investment or owner-occupant opportunity. The property includes washer and dryer hookups, an unfinished basement for storage or future expansion, and a detached two-car garage. Enjoy both a fenced-in front yard and a fenced backyard—ideal for

    Scott Wendl RE/MAX Precision

    Section Image

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
Barbara Place Revocable Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Highland Park Apartments Llc $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2020 05/28/20 Sold $222,000 -26.0% $370 / Sq Ft
04/30/2020 04/30/20 Pending -- -- --
02/10/2020 02/10/20 For Sale $299,900 -- $500 / 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 $846 $43,000 $10,000 $33,000
2023 $840 $72,400 $10,000 $62,400
2022 $712 $65,000 $9,000 $56,000
2021 $758 $30,400 $3,800 $26,600
2020 $788 $30,400 $3,800 $26,600
2019 $806 $30,400 $3,800 $26,600
2018 $796 $25,400 $3,200 $22,200
2017 $644 $25,400 $3,200 $22,200
2016 $1,235 $23,800 $3,000 $20,800
2015 $628 $23,800 $3,000 $20,800
2014 $632 $23,800 $3,000 $20,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 598807

Des Moines Area Association of REALTORS®

APN: 070-05065001001