NOT LISTED FOR SALE

Estimated Value: $334,000 - $335,833

Studio
4 Baths
1,962 Sq Ft
$171/Sq Ft Est. Value

Sale Details

Date Sold: December 20, 2024

Last sale price $335,000 $171 Per Sq Ft

Current estimated payment $2,255 / mo

38 Days on Market

Highlights

  • 4 Kitchens
  • Laundry Room
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of December 2024

Check out this historic 4 plex in the popular Sherman Hill neighborhood of Des Moines. Featuring a 2 br, two 1 br, and studio units there are many options. The 2 bedroom unit is tastefully remodeled and would make a great owner occupant part of the building as well. Hardwood floors and historic trim runs throughout the home as expected in this part of town. Tenants will love the back courtyard area great for relaxing. There is off-street parking in the alley as well adding another tenant benefit. HVAC is already separated so no issue with shared air to worry about. Would make a great option for an owner to live and have tenants off set payments! Schedule a showing today!

Last Agent to Sell the Property

Jason Stuyvesant

RE/MAX Concepts Listed on: 10/11/2024

RE/MAX Concepts

Last Buyer's Agent

Jason Stuyvesant

RE/MAX Concepts Listed on: 10/11/2024

RE/MAX Concepts

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,295

Year Built

  • Built in 1885

Lot Details

  • 6,490 Sq Ft Lot
  • Lot Dimensions are 55x118

Home Design

  • Brick Foundation
  • Block Foundation
  • Frame Construction

Interior Spaces

  • 1,962 Sq Ft Home
  • 2-Story Property
  • Finished Basement
  • Walk-Out Basement
  • 4 Kitchens
  • Laundry Room

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 03004218000000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $3,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,295

Year Built

Built in 1885

Lot Details

6,490 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 175.84
  • Sp Amt Sq Ft: 170.74
  • Year Built: 1885
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 4
  • Stoves Total: 4
  • Total Bathrooms: 4.00
  • Full Bathrooms: 4
  • First Floor Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Full Bathrooms: 1
  • Basement Description: Finished, Walkout
  • Kitchens: 4
  • Laundry: Yes
  • Living Area Sq Ft: 1962
  • Total Sq Ft: 1962

Exterior Features

  • Exterior: Frame
  • Foundation: Brick, Concrete Block

Garage/Parking

  • Off Street Parking: 4

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1490
  • Lot S F: 6490
  • Lot Size: 55X118
  • Assessor Parcel Number: 03004218000000
  • Zoning: R-HD

Rental Info

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

Tax Info

  • Gross Taxes: 5295.00
  • Net Taxes: 5295.00

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Des Moines Independent

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2024
Closed on
Dec 12, 2024
Sold by
Bought by
Seller's Agent
Jason Stuyvesant
RE/MAX Concepts
Buyer's Agent
Jason Stuyvesant
RE/MAX Concepts
List Price
$385,000
Sold Price
$335,000
Premium/Discount to List
-$50,000
-12.99%
Views
47
Current Estimated Value
$334,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83
Avg. Annual Appreciation
-0.02%
Original Mortgage
$268,000
Outstanding Balance
$265,674
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$69,243

Purchase Details

Closed on
May 18, 2022
Sold by
Bought by

Purchase Details

Listed on
Sep 13, 2018
Closed on
Oct 16, 2018
Sold by
Bought by
Seller's Agent
Jason Stuyvesant
RE/MAX Concepts
Buyer's Agent
Jason Stuyvesant
RE/MAX Concepts
List Price
$275,000
Sold Price
$260,000
Premium/Discount to List
-$15,000
-5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%
Original Mortgage
$195,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2014
Closed on
Apr 11, 2016
Sold by
Bought by
Seller's Agent
Susan Webster
Coldwell Banker Mid-America
Buyer's Agent
Susan Webster
Coldwell Banker Mid-America
List Price
$199,900
Sold Price
$162,500
Premium/Discount to List
-$37,400
-18.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.41%

Purchase Details

Closed on
May 25, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.14%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,750
Interest Rate
8%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$335,000 None Listed On Document
$335,000 None Listed On Document
$335,000 None Listed On Document
-- None Listed On Document
$262,500 None Available
$162,500 None Available
$169,500 None Available
$84,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $268,000
Closed $268,000
Previous Owner $195,000
Previous Owner $136,000
Previous Owner $80,750
Closed $5,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/20/2024 12/20/24 Sold $335,000 -2.9% $171 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
11/15/2024 11/15/24 Price Changed $345,000 -10.4% $176 / Sq Ft
10/11/2024 10/11/24 For Sale $385,000 +48.1% $196 / Sq Ft
10/25/2018 10/25/18 Sold $260,000 -5.5% $133 / Sq Ft View Prior Sale
09/25/2018 09/25/18 Pending -- -- --
09/13/2018 09/13/18 For Sale $275,000 +69.2% $140 / Sq Ft
04/14/2016 04/14/16 Sold $162,500 -18.7% $83 / Sq Ft View Prior Sale
04/01/2016 04/01/16 Pending -- -- --
05/21/2014 05/21/14 For Sale $199,900 -- $102 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,296 $375,000 $17,200 $357,800
2024 $5,296 $260,000 $17,200 $242,800
2023 $4,756 $347,000 $17,200 $329,800
2022 $5,558 $282,000 $17,200 $264,800
2021 $4,446 $282,000 $17,200 $264,800
2020 $4,984 $231,000 $15,700 $215,300
2019 $4,384 $231,000 $15,700 $215,300
2018 $4,662 $120,000 $15,700 $104,300
2017 $4,366 $120,000 $15,700 $104,300
2016 $4,316 $108,000 $13,000 $95,000
2015 $4,316 $108,000 $13,000 $95,000
2014 $4,032 $96,500 $13,000 $83,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 705727

Des Moines Area Association of REALTORS®

APN: 030-04218000000

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