$405,000 Price Analysis    ♡   Des Moines, IA 50311 0 bed 4 bath 2,428 SqFt ($166/SqFt) 6,403SqFt lot. Built 1904 Listed 2024-01-15, Taxes $5,398 | Ⓧ USDA Ineligible due to location near Des Moines |
This property had a complete overhaul in 2022
Completely gutting all units and replacing everything inside and out. All new separated heat, electric and plumbing. All new mechanicals, new siding, windows, roof, porch, everything! Property has security system in place. Coin-op laundry in basement common area. Also a storage space that could be tapped for even more income. 5 blocks from Interstate 235 and about a mile from downtown.
Directly in the center of the metro, making commuting anywhere a breeze. Plenty of off-street parking for tenants. Drake University area boasts a large Graduate student population with obvious bnefits, but the Drake neighborhood pulls tenants from much more than the University. Location so close to downtown, close to interstate and astounding walkability. Value Add: Room to increase rents, add basement storage, allow pets for additional income.
Presented by Liz Keller at
RE MAX Precision.
Property MLS #687662 from DesMoines
Full Bathrooms: 4
Full Bathrooms On Level 1: 2
Full Bathrooms On Level 3: 1
Stoves Total: 2
Laundry Features: 1
Lot Size Acres: 0.147
Lot Size Dimensions: 40X160
Lot Size Square Feet: 6403
Number of Studio Units: 1
Number of 1 Bedroom Units: 2
Number of 3 Bedroom Units: 1
Full Bathrooms in the Studio Units: 1
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Polk
Directions: University Avenue to 24th Street. South on 24th Street to the property.
Source Property Type: Multi-Family
Area: Des Moines West
Source Neighborhood: Des Moines West
Parcel Number: 03001471000000
Postal Code Plus 4: 4324
Zoning: N5
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $185,200 + $10,800 $196,000 | $5,398 |
| 2021 | $185,200 + $10,800 $196,000 | $5,712 |
| 2020 | $151,200 + $9,800 $161,000 | $6,112 |
| 2019 | $151,200 + $9,800 $161,000 | $4,956 |
| 2018 | $124,200 + $9,800 $134,000 | $5,048 |
| 2017 | $124,200 + $9,800 $134,000 | $5,686 |
| 2016 | $113,000 + $8,000 $121,000 | $4,944 |
| 2015 | $113,000 + $8,000 $121,000 | $4,634 |
| 2014 | $100,000 + $8,000 $108,000 | $4,920 |
| 2013 | $100,000 + $8,000 $108,000 | $5,064 |
| 2012 | $100,000 + $8,000 $108,000 | $5,024 |
| 2011 | $100,000 + $8,000 $108,000 | $3,388 |
| 2010 | $113,000 + $8,000 $121,000 | $3,338 |
| 2009 | $113,000 + $8,000 $121,000 | $3,332 |
| 2008 | $113,000 + $8,000 $121,000 | $3,356 |
| 2007 | $113,000 + $8,000 $121,000 | $3,382 |
$405,000
DesMoines
Listing removed 2024-01-12
$0
DesMoines
Listed 2023-11-20
$405,000
DesMoines
Listing removed 2023-11-15
$0
DesMoines
Price Changed 2023-08-16
$405,000
DesMoines
Listed 2023-05-12
$425,000
DesMoines
Sold 2022-04-26
$388,000
Public Record
Sold 2020-09-14
$145,000
DesMoines
Sold 1996-02-28
$48,500
Public Record
Year Built: 1904
Building Exterior Type: Wood
Foundation Details: Brick
Property Age: 120
Roof: Asphalt Shingle
House Style: Two Story
Total Area Sqft: 2428
Water Source: City
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.