NOT LISTED FOR SALE

702 Euclid Ave Des Moines, IA 50313

Oak Park Neighborhood

Estimated Value: $213,000 - $229,302

-- Bed
4 Baths
2,044 Sq Ft
$108/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $165,000 $81 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,479/month

25 Days on Market

Highlights

  • 4 Kitchens
  • Laundry Room
  • Baseboard Heating
  • No HOA
  • Storage

About This Home

As of September 2020

Looking for a Great Investment Property this is! Awesome Cash Flow 3 Plex Totally Occupied also Excellent Area close to Store and Restaurants. Don't Miss Out!

Last Agent to Sell the Property

Sue Randleman

Iowa Realty South Listed on: 08/06/2020

Iowa Realty South

Co-Listed By

Kevin Randleman

Iowa Realty South

Last Buyer's Agent

Sue Randleman

Iowa Realty South Listed on: 08/06/2020

Iowa Realty South

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,790

Year Built

  • Built in 1915

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50x132

Home Design

  • Stucco

Interior Spaces

  • 2-Story Property
  • Storage
  • Laundry Room
  • 4 Kitchens
  • Finished Basement

Utilities

  • Window Unit Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 07004055000000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $270
  • Gross Income $2,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,790

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Termite: Follow Showing Instructions
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 4
  • Stoves Total: 4
  • Basement Description: Finished, Unfinished
  • Kitchens: 4
  • Laundry: Yes
  • Storage: Yes

Exterior Features

  • Exterior: Stucco
  • Paved: No
  • Sidewalk: Y

Utilities

  • Air Conditioner: Window Unit
  • Heat: Electric Baseboard

Condo/Co-op/Association

  • Association Fee: No
  • Manager: Yes

Fee Information

  • Total Expense: 270

Lot Info

  • Acres: 0.1520
  • Lot S F: 6600
  • Lot Size: 50X132
  • Assessor Parcel Number: 07004055000000
  • Zoning: C-0

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Electric Tenant, Gas Landlord, Insurance Landlord, Misc Exp Landlord, Water Landlord

Tax Info

  • Gross Taxes: 3790.00
  • Net Taxes: 3790.00
  • Tax Year: 2019

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Sep 28, 2020
Sold by
Kouri Properties Llc
Bought by
7 Days Cash Llc
Seller's Agent
Sue Randleman
Iowa Realty South
Buyer's Agent
Sue Randleman
Iowa Realty South
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%
Current Estimated Value
$221,151

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,151
Avg. Annual Appreciation
5.94%

Purchase Details

Closed on
Dec 21, 1998
Sold by
Jer Ela Properties
Bought by
Kouri Joseph T and Kouri Debbra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,400
Interest Rate
7.02%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Date Buyer Sale Price Title Company
7 Days Cash Llc $165,000 None Available
Kouri Joseph T $77,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kouri Joseph T $62,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2020 09/28/20 Sold $165,000 -8.3% $81 / Sq Ft
08/31/2020 08/31/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $179,900 -- $88 / 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
2025 $3,796 $208,000 $53,200 $154,800
2024 $3,796 $193,000 $46,600 $146,400
2023 $3,700 $193,000 $46,600 $146,400
2022 $4,324 $157,000 $39,000 $118,000
2021 $3,852 $157,000 $39,000 $118,000
2020 $4,326 $129,000 $35,500 $93,500
2019 $3,790 $129,000 $35,500 $93,500
2018 $4,030 $107,000 $35,500 $71,500
2017 $3,782 $107,000 $35,500 $71,500
2016 $3,942 $96,500 $29,600 $66,900
2015 $3,942 $96,500 $29,600 $66,900
2014 $3,846 $86,000 $29,600 $56,400
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2020

    Sue Randleman

    Iowa Realty South

    Section Image

  • K

    Seller Co-Listing Agent in 2020

    Kevin Randleman

    Iowa Realty South

See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 611562

Des Moines Area Association of REALTORS®

APN: 070-04055000000

Iowa Polk County Des Moines 50313 Oak Park

702 Euclid Ave, Des Moines, IA

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