NOT LISTED FOR SALE

702 Euclid Ave Des Moines, IA 50313

Oak Park Neighborhood

Estimated Value: $209,000 - $220,356

-- Bed
4 Baths
2,044 Sq Ft
$105/Sq Ft Est. Value

Last Sold September 28, 2020

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

Est. 30% increase in value since last sale

Current estimated payment $1,512/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 Listed By

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

Schools

  • School District: Des Moines Independent

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%
Total Days on Market
25
Current Estimated Value
$214,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,678
Avg. Annual Appreciation
5.82%

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

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
Open 7 Days Cash Llc $200,000
Previous Owner Kouri Joseph T $62,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

    (515) 250-1385

    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

Homes for Sale in Des Moines, IA

This home is located at 702 Euclid Ave, Des Moines, IA 50313 since 06 August 2020 and is currently estimated at $214,678, approximately $105 per square foot. This property was built in 1915. 702 Euclid Ave is a home located in Polk County with nearby schools including Oak Park Elementary School, Harding Middle School, and North High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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