Seller's Agent in 2019
Joe Henry
Iowa Realty South
(515) 453-5576
134 Total Sales
641 19th St Des Moines, IA 50314
Sherman Hill Neighborhood
Studio
26
Baths
29,325
Sq Ft
0.44
Acres Lot
Highlights
- 13 Kitchens
- No HOA
- Storage
- 0.44 Acre Lot
- Laundry Room
- 4-minute walk to Chamberlain Park
About This Home
As of March 2019Historic charm at The Wellsport & Portwell buildings, 2 fully renovated 3 story brick buildings, located in downtown Sherman Hill, built in 1904. This complex has 13 units, each with over 1,200 sf of living area and includes large living room, formal dining area, galley kitchen, 2 bedrooms, 2 baths, balcony, storage area and on site parking. Tenants pay $1,450 - $1,650 per month and responsible for utilities. Each unit has its own furnace, hot water heater and a/c. This building was completely renovated in 2013 and tax abatement on improvements through 2022. Can easily be converted to a condominium complex. In the meantime, you could live in one of the beautiful units and have the building pay for itself and more!!!!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,474
Year Built
- Built in 1904
Lot Details
- 19,140 Sq Ft Lot
- Lot Dimensions are 165x116
Home Design
- Brick Exterior Construction
- Brick Foundation
Interior Spaces
- 26 Full Bathrooms
- 29,325 Sq Ft Home
- 3-Story Property
- Storage
- Laundry Room
- 13 Kitchens
- Unfinished Basement
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 03004221001000
Community Details
Overview
- No Home Owners Association
- 13 Units
Building Details
- Gross Income $21,450
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/21/2019 03/21/19 | Sold | $2,155,000 | -17.1% | $73 / Sq Ft |
| 03/14/2019 03/14/19 | Pending | -- | -- | -- |
| 08/06/2018 08/06/18 | For Sale | $2,600,000 | -- | $89 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
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 | $30,552 | $1,620,000 | $50,800 | $1,569,200 |
| 2024 | $30,552 | $1,500,000 | $50,800 | $1,449,200 |
| 2023 | $20,022 | $1,500,000 | $50,800 | $1,449,200 |
| 2022 | $23,400 | $2,150,000 | $50,800 | $2,099,200 |
| 2021 | $15,468 | $2,150,000 | $50,800 | $2,099,200 |
| 2020 | $17,338 | $1,830,000 | $46,200 | $1,783,800 |
| 2019 | $18,306 | $1,830,000 | $46,200 | $1,783,800 |
| 2018 | $19,462 | $1,520,000 | $46,200 | $1,473,800 |
| 2017 | $14,190 | $1,520,000 | $46,200 | $1,473,800 |
| 2016 | $14,796 | $1,370,000 | $40,000 | $1,330,000 |
| 2015 | $14,796 | $1,370,000 | $40,000 | $1,330,000 |
| 2014 | $8,896 | $1,220,000 | $40,000 | $1,180,000 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Henry
-
S
Seller Co-Listing Agent in 2019
Susan Henry
Iowa Realty South
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 566864
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