Seller's Agent in 2018
Marcia Munger
Keller Williams Realty GDM
(515) 321-6607
200 Total Sales
686 18th St Unit 1-5 Des Moines, IA 50314
Sherman Hill NeighborhoodEstimated Value: $310,000 - $464,768
--
Bed
6
Baths
2,806
Sq Ft
$138/Sq Ft
Est. Value
Highlights
- 5 Kitchens
- Laundry Room
- Forced Air Heating System
- No HOA
- Storage
About This Home
As of January 2018Investment opportunity in historic Sherman Hill neighborhood, 4 apartments with storage plus garage rentals. Could be an owner occupied, First floor unit has over 1200 sqft. There are also 3 one bedrooms . Laundry on site, 2 separate driveway, one with alley access. Conveniently located near downtown, hospital and Des Moines University and Drake.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,244
Year Built
- Built in 1885
Lot Details
- 7,500 Sq Ft Lot
- Lot Dimensions are 60x125
Home Design
- Stone Foundation
- Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 6 Full Bathrooms
- 2,806 Sq Ft Home
- 2-Story Property
- Storage
- Laundry Room
- 5 Kitchens
Parking
- 2 Car Detached Garage
- Driveway
Utilities
- Window Unit Cooling System
- Forced Air Heating System
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 03004210000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 27, 2017
Closed on
Jan 19, 2018
Sold by
Zen Holdings Llc
Bought by
Yerkes Carter
Seller's Agent
Marcia Munger
Keller Williams Realty GDM
Buyer's Agent
Ethan Hokel
Century 21 Signature
List Price
$300,000
Sold Price
$302,511
Premium/Discount to List
$2,511
0.84%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,873
Avg. Annual Appreciation
2.71%
Original Mortgage
$272,250
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Sep 7, 2014
Sold by
Zen Holdings Inc
Bought by
Zen Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,225
Interest Rate
4.09%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Feb 1, 2008
Sold by
Sievers Jeremy R and Vetterlein Lisa P
Bought by
J L Sievers Llc
Purchase Details
Closed on
Aug 30, 2004
Sold by
Sievers James L and Sievers Karen Riley
Bought by
Sievers Jeremy R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,500
Interest Rate
6.08%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 17, 2001
Sold by
Sievers James L and Sievers Karen Riley
Bought by
Sievers James L and Sievers Karen Riley
Purchase Details
Closed on
Apr 10, 2000
Sold by
Ben M Zell Residuary Trust
Bought by
Sievers James and Sievers Karen Riley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
8.29%
Mortgage Type
Commercial
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yerkes Carter | $303,000 | None Available | |
| Zen Holdings Llc | -- | None Available | |
| J L Sievers Llc | -- | None Available | |
| Sievers Jeremy R | $124,500 | -- | |
| Sievers James L | -- | -- | |
| Sievers James | $48,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Yerkes Carter | $288,000 | |
| Closed | Yerkes Carter | $16,000 | |
| Closed | Yerkes Carter | $288,000 | |
| Closed | Yerkes Carter | $16,000 | |
| Closed | Yerkes Carter | $15,000 | |
| Closed | Yerkes Carter | $272,250 | |
| Previous Owner | Zen Holdings Llc | $123,225 | |
| Previous Owner | Sievers Jeremy R | $21,000 | |
| Previous Owner | Sievers Jeremy R | $128,500 | |
| Previous Owner | Sievers James | $63,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/26/2018 01/26/18 | Sold | $302,511 | +0.8% | $108 / Sq Ft |
| 01/18/2018 01/18/18 | Pending | -- | -- | -- |
| 11/27/2017 11/27/17 | For Sale | $300,000 | -- | $107 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $4,064 | $210,000 | $19,900 | $190,100 |
| 2023 | $3,954 | $210,000 | $19,900 | $190,100 |
| 2022 | $4,656 | $171,000 | $19,900 | $151,100 |
| 2021 | $4,100 | $171,000 | $19,900 | $151,100 |
| 2020 | $4,610 | $140,000 | $18,100 | $121,900 |
| 2019 | $4,002 | $140,000 | $18,100 | $121,900 |
| 2018 | $4,506 | $116,000 | $18,100 | $97,900 |
| 2017 | $4,244 | $116,000 | $18,100 | $97,900 |
| 2016 | $4,426 | $105,000 | $15,000 | $90,000 |
| 2015 | $4,426 | $105,000 | $15,000 | $90,000 |
| 2014 | $4,116 | $93,000 | $15,000 | $78,000 |
Source: Public Records
Agents Affiliated with this Home
-
Marcia Munger
-
Ethan Hokel
Buyer's Agent in 2018
Ethan Hokel
Century 21 Signature
(515) 981-2113
2 in this area
569 Total Sales
-
Jessica Gilligan
Buyer Co-Listing Agent in 2018
Jessica Gilligan
Century 21 Signature
(515) 975-4595
184 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 551486
APN: 030-04210000000
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