NOT LISTED FOR SALE

2911 Kingman Blvd Des Moines, IA 50311

Drake Neighborhood

Estimated Value: $311,000 - $405,000

4 Beds
4 Baths
2,921 Sq Ft
$121/Sq Ft Est. Value

Sale Details

Date Sold: March 14, 2014

Last sale price $100,000 $34 Per Sq Ft

Est. 261% increase in value since last sale

Current estimated payment $2,306 / mo

185 Days on Market

About This Home

As of March 2014

Excellent Opportunity for Investor and or Home Owner to convert back to a Single Family Residence. FULLY LEASED-GREAT RENTAL HISTORY. Great location on Kingman Blvd. and just a few blocks from Drake University Campus. Fully leased with 4 Apartments. First Floor is awesome with large kitchen, large dining room, large family room, good size bedroom and full bathroom, beautiful Oak woodwork and Hardwood flooring, this apartment also has the garage and private washer and dryer in lower level. Home also features 2 additional 1 bedroom apartments on 2nd level and 1 additional apartment on 3rd floor all with full baths and hardwood flooring. New July 2013- 3 year Renewal Rental Certificate, rental certificate good thru July 2016. Separate Electric Meters for tenants and Tenants pay for electric. Landlord pays for water and gas. Pro-Forma available for only serious Investors. Call for 24 Hour notice to tour home-NO EXCEPTIONS. Annual income of $26,100 with potential for increases

Last Agent to Sell the Property

Randy Murphy

LPT Realty, LLC Listed on: 09/10/2013

LPT Realty, LLC

Last Buyer's Agent

Cui Davis

Realty ONE Group Impact

Realty ONE Group Impact

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 11,250 Sq Ft Lot
  • Lot Dimensions are 90x150

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Foundation
  • Frame Construction

Interior Spaces

  • 3-Story Property
  • 4 Kitchens
  • Unfinished Basement

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 09003771000000

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0.26 Acres

Listing Details

  • Property Type: Multi-Family
  • Style: Three Story
  • Lp Amt Sq Ft: 11.00
  • Sp Amt Sq Ft: 9.00
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 3

Interior Features

  • Refrigerators: 4
  • Stoves Total: 4
  • Full Bathrooms: 1
  • Full Bathrooms: 2
  • Basement Description: Unfinished
  • Kitchens: 4

Exterior Features

  • Exterior: Frame
  • Foundation: Brick

Garage/Parking

  • Garage: 1 Detached

Utilities

  • Separate Meters: 1

Lot Info

  • Acres: 0.2580
  • Lot S F: 11250
  • Lot Size: 90X150
  • Assessor Parcel Number: 09003771000000
  • Zoning: R-3

Rental Info

  • Deposit: Yes
  • Landlord Tenant Utilities: Electric Tenant, Water Landlord

Tax Info

  • Gross Taxes: 5440.00
  • Net Taxes: 5440.00
  • Assessor Parcel Number: 2911KINGMANBLVDPOLKDESMOINE50311

Multi Family

  • Total Units: 4

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
Jun 19, 2014
Sold by
Bought by
Current Estimated Value
$360,843

Purchase Details

Listed on
Sep 10, 2013
Closed on
Mar 7, 2014
Sold by
Bought by
Seller's Agent
Randy Murphy
LPT Realty, LLC
Buyer's Agent
Cui Davis
Realty ONE Group Impact
List Price
$129,000
Sold Price
$100,000
Premium/Discount to List
-$29,000
-22.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.81%

Purchase Details

Closed on
Mar 3, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 28, 2002
Sold by
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
$90,000
Interest Rate
0.0656%

Purchase Details

Closed on
Mar 6, 2000
Sold by
Bought by

Purchase Details

Closed on
Apr 24, 1999
Sold by
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
$63,200
Interest Rate
0.0669%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
-- None Available
$100,000 None Available
$560,000 None Available
$89,500 --
-- --
-- --
$78,500 --
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
Closed $24,300
Closed $111,105
Closed $90,000
Closed $63,200
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
03/14/2014 03/14/14 Sold $100,000 -22.5% $34 / Sq Ft
03/14/2014 03/14/14 Pending -- -- --
09/10/2013 09/10/13 For Sale $129,000 -- $44 / 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 $4,426 $272,300 $35,000 $237,300
2024 $4,426 $235,500 $30,200 $205,300
2023 $3,998 $235,500 $30,200 $205,300
2022 $3,966 $178,500 $24,300 $154,200
2021 $3,386 $178,500 $24,300 $154,200
2020 $3,512 $144,300 $21,600 $122,700
2019 $2,670 $144,300 $21,600 $122,700
2018 $2,638 $107,900 $14,800 $93,100
2017 $2,420 $107,900 $14,800 $93,100
2016 $2,396 $98,000 $13,400 $84,600
2015 $2,396 $90,900 $13,400 $77,500
2014 $4,978 $116,000 $19,000 $97,000
Source: Public Records

Agents Affiliated with this Home

  • Randy Murphy

    Seller's Agent in 2014

    Randy Murphy

    LPT Realty, LLC

    (515) 669-9332

    1 in this area

    43 Total Sales

    Randy Murphy
    Section Image
  • Cui Davis

    Buyer's Agent in 2014

    Cui Davis

    Realty ONE Group Impact

    (515) 867-0498

    4 in this area

    124 Total Sales

    Cui Davis
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 424850

Des Moines Area Association of REALTORS®

APN: 090-03771000000

Iowa Polk County Des Moines 50311 Drake

2911 Kingman Blvd, Des Moines, IA

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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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