732 19th St Des Moines, IA 50314
Sherman Hill Neighborhood
--
Bed
7
Baths
3,174
Sq Ft
10,000
Sq Ft Lot
Highlights
- 7 Kitchens
- Laundry Room
- Wood Siding
- No HOA
- Forced Air Heating System
About This Home
As of March 2023Investor special! Check out this fantastic opportunity to own a 7-plex in the Sherman Hill neighborhood with $3750 in gross monthly rent when full. This property is located within walking distance to Drake University, downtown, and has easy access to 235. The property will be sold as-is.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1885
Lot Details
- 10,000 Sq Ft Lot
- Lot Dimensions are 80x125
Home Design
- Wood Siding
Interior Spaces
- 3,174 Sq Ft Home
- 2-Story Property
- Partial Basement
- 7 Kitchens
- Laundry Room
Utilities
- Window Unit Cooling System
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 03000448000000
Community Details
Overview
- No Home Owners Association
- 7 Units
Building Details
- Operating Expense $1,950
- Gross Income $3,750
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 19, 2022
Closed on
Feb 21, 2023
Sold by
Tmorrow Properties Llc
Bought by
Crowley Holdings Llc
Seller's Agent
Ryan Mathews
RE/MAX Revolution
Buyer's Agent
Grant Beck
RE/MAX Revolution
List Price
$399,900
Sold Price
$405,000
Premium/Discount to List
$5,100
1.28%
Views
52
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$328,000
Outstanding Balance
$307,861
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$161,560
Purchase Details
Listed on
Nov 27, 2019
Closed on
Jan 29, 2020
Sold by
Camp 1 Capital Llc
Bought by
Tmorrow Properties Llc
Seller's Agent
Joel Conner
Realty ONE Group Impact
Buyer's Agent
Mary Foley
Liberty Realty Group
List Price
$225,000
Sold Price
$223,000
Premium/Discount to List
-$2,000
-0.89%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.23%
Original Mortgage
$205,000
Interest Rate
3.7%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jul 8, 2016
Sold by
Lafrance Maria and Hostager Dan
Bought by
Camp 1 Capital Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
3.54%
Mortgage Type
Commercial
Purchase Details
Closed on
Sep 29, 2006
Sold by
Caulfield Mark D and Caulfield Cindy L
Bought by
Hostager Dan and Lafrance Maria
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
7.85%
Mortgage Type
Commercial
Similar Homes in Des Moines, IA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $405,000 | -- | |
| Warranty Deed | $223,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $160,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $23,147 | New Conventional | |
| Open | $328,000 | New Conventional | |
| Previous Owner | $205,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $142,500 | Commercial | |
| Previous Owner | $600,000 | New Conventional | |
| Previous Owner | $154,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/28/2025 07/28/25 | Price Changed | $475,000 | -4.0% | $150 / Sq Ft |
| 06/23/2025 06/23/25 | Price Changed | $495,000 | -3.9% | $156 / Sq Ft |
| 05/27/2025 05/27/25 | For Sale | $515,000 | +27.2% | $162 / Sq Ft |
| 03/06/2023 03/06/23 | Sold | $405,000 | +1.3% | $128 / Sq Ft |
| 01/24/2023 01/24/23 | Pending | -- | -- | -- |
| 01/20/2023 01/20/23 | For Sale | $399,900 | -1.3% | $126 / Sq Ft |
| 01/14/2023 01/14/23 | Off Market | $405,000 | -- | -- |
| 12/27/2022 12/27/22 | For Sale | $399,900 | 0.0% | $126 / Sq Ft |
| 09/19/2022 09/19/22 | Pending | -- | -- | -- |
| 08/18/2022 08/18/22 | For Sale | $399,900 | 0.0% | $126 / Sq Ft |
| 08/16/2022 08/16/22 | Pending | -- | -- | -- |
| 07/19/2022 07/19/22 | For Sale | $399,900 | +79.3% | $126 / Sq Ft |
| 01/30/2020 01/30/20 | Sold | $223,000 | -0.9% | $70 / Sq Ft |
| 01/30/2020 01/30/20 | Pending | -- | -- | -- |
| 11/27/2019 11/27/19 | For Sale | $225,000 | -- | $71 / 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 | $6,538 | $321,000 | $26,600 | $294,400 |
| 2023 | $6,366 | $321,000 | $26,600 | $294,400 |
| 2022 | $7,438 | $261,000 | $26,600 | $234,400 |
| 2021 | $6,606 | $261,000 | $26,600 | $234,400 |
| 2020 | $7,406 | $214,000 | $24,100 | $189,900 |
| 2019 | $6,504 | $214,000 | $24,100 | $189,900 |
| 2018 | $6,914 | $178,000 | $24,100 | $153,900 |
| 2017 | $6,508 | $178,000 | $24,100 | $153,900 |
| 2016 | $6,786 | $161,000 | $20,100 | $140,900 |
| 2015 | $6,786 | $161,000 | $20,100 | $140,900 |
| 2014 | $6,598 | $143,000 | $20,100 | $122,900 |
Source: Public Records
Agents Affiliated with this Home
-
G
Seller's Agent in 2025
Grant Beck
RE/MAX
-
R
Seller's Agent in 2023
Ryan Mathews
RE/MAX
-
J
Seller's Agent in 2020
Joel Conner
Realty ONE Group Impact
-
M
Buyer's Agent in 2020
Mary Foley
Liberty Realty Group
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 595651
APN: 030-00448000000
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