NOT LISTED FOR SALE
Studio
12 Baths
9,504 Sq Ft
8,220 Sq Ft Lot

Sale Details

Date Sold: February 14, 2019

Last sale price $690,525 $73 Per Sq Ft

45 Days on Market

Highlights

  • 12 Kitchens
  • Tile Flooring
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

As of February 2019

This property features a 12 unit apartment complex with all units containing 1 bedroom, kitchen,
living room and bathroom, 2 two bedroom houses one of them with a 2 car detached garage,
and a 1,374SF Commercial building on the heavily traveled SW 9th St. Priced to sell and is a
Must See!!

Last Agent to Sell the Property

Cody Pasa

Realty ONE Group Impact Listed on: 12/17/2018

Realty ONE Group Impact

Last Buyer's Agent

Brad Lowe

Spire Real Estate

Spire Real Estate
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 8,220 Sq Ft Lot
  • Lot Dimensions are 60x137

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 12 Full Bathrooms
  • 9,504 Sq Ft Home
  • 3-Story Property
  • 12 Kitchens
  • Finished Basement

Flooring

  • Carpet
  • Laminate
  • Tile

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 12006861002000

Community Details

Overview

  • No Home Owners Association

Building Details

  • Operating Expense $2,670
  • Gross Income $8,630

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

8,220 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Style: Three Story
  • Lp Amt Sq Ft: 73.13
  • Sp Amt Sq Ft: 72.66
  • Termite: Call Listing Agent
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Refrigerators: 8
  • Stoves Total: 12
  • Interior Amenities: Carpeting, Laminate Floors, Tile Floors
  • Total Bathrooms: 12.00
  • Full Bathrooms: 12
  • First Floor Full Bathrooms: 12
  • Basement Description: Finished
  • Kitchens: 12
  • Laundry: No
  • Living Area Sq Ft: 9504
  • Total Sq Ft: 9504

Exterior Features

  • Exterior: Brick
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Sidewalk: Y
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Off Street Parking: 18

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No

Fee Information

  • Total Expense: 2670

Lot Info

  • Acres: 0.1890
  • Lot S F: 8220
  • Lot Shape: Regular
  • Lot Size: 60X137
  • Assessor Parcel Number: 12006861002000
  • Zoning: C-1

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Taxes Owner, Water Tenant

Tax Info

  • Gross Taxes: 19652.00
  • Net Taxes: 19652.00

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

Closed on
Dec 27, 2021
Sold by
900 Elder Lane Llc
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
$712,500
Interest Rate
3.05%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Dec 17, 2018
Closed on
Jan 30, 2019
Sold by
Quick Ethan Michael and Quick Jordan
Bought by
900 Elder Lane Llc
Seller's Agent
Cody Pasa
Realty ONE Group Impact
Buyer's Agent
Brad Lowe
Spire Real Estate
List Price
$695,000
Sold Price
$690,525
Premium/Discount to List
-$4,475
-0.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$556,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2014
Sold by
Jcg Residential Housing Cooperative
Bought by
Greubel Cindy R

Purchase Details

Closed on
Dec 29, 2009
Sold by
Greubel Joseph
Bought by
Jcg Residential Housing Cooperative
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$950,000 None Listed On Document
900 Elder Lane Llc $691,000 None Available
Greubel Cindy R -- None Available
Jcg Residential Housing Cooperative -- None Available
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 $1,889,100
Closed 904 Elder Lane Llc $712,500
Closed 904 Elder Land Llc $712,500
Previous Owner 900 Elder Lane Llc $556,000
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
02/14/2019 02/14/19 Sold $690,525 -0.6% $73 / Sq Ft
01/31/2019 01/31/19 Pending -- -- --
12/17/2018 12/17/18 For Sale $695,000 -- $73 / 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 $12,118 $632,000 $89,600 $542,400
2024 $12,118 $585,000 $78,600 $506,400
2023 $11,804 $585,000 $78,600 $506,400
2022 $13,794 $476,000 $65,700 $410,300
2021 $12,238 $476,000 $65,700 $410,300
2020 $13,706 $390,000 $59,800 $330,200
2019 $13,134 $390,000 $59,800 $330,200
2018 $13,960 $354,000 $59,800 $294,200
2017 $18,110 $354,000 $59,800 $294,200
2016 $13,074 $320,000 $50,000 $270,000
2015 $13,074 $320,000 $50,000 $270,000
2014 $8,290 $312,000 $50,000 $262,000
Source: Public Records

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 574069

Des Moines Area Association of REALTORS®
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