1 month on rocket

1241 33rd St, Des Moines, IA, 50311

$1,200,000

Home List Price

$10,000*

Closing Credit

18 Bedrooms
12 Full Baths
6,836 SqFt
$176/SqFt
Condo

Location

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1241 33rd St, Des Moines$1,200,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
HeatingElectric, Forced Air, Natural Gas
CoolingCentral Air
MLS #700351
StatusActive

About 1241 33rd St

The Drake Residences are a 6 unit condo platted community located within the campus of Drake University. This premier turnkey student housing opportunity includes a single family house with five large townhomes, each comprised of 3 Bedrooms and 2 Bathrooms with in-unit laundry. This cash-flowing asset features professionally designed units in a superb location. All units have been fully updated with modern finishes - including quartz countertops, shaker cabinets, and stainless steel appliances. Electrical, plumbing, windows, and most HVAC units are newer. Each residence has separate gas and electric meters that are paid by the residents, along with a flat rate common utility billing program for water/sewer/trash/landscaping. Easy to self manage and transfer on its current platform. Currently priced at an actual 8 cap based on continued self management.

Property Details

Property Features

Property Information:

  • Living Area: 6,836 SqFt

Listing Office:

  • Office Name: BEX Realty, LLC
  • Office Phone: (952) 952-1002
  • Listing Agent: Jeffrey Hagel

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 12
  • Total Bedroom Count: 18

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • East High School, Public District Grades 9-12
  • Hoyt Middle School, Public District Grades 6-8
  • Goodrell Middle School, Public District Grades 6-8
  • Cowles Elementary School, Public District Grades PK-8
  • Stowe Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Forest ave to 33rd to home.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,200,000
  • Price Per SqFt: $176/SqFt
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Housing Market Comparison

See how this home compares to others in Des Moines, IA.

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Des Moines, IA

City

Med. Sold Price

$213.1K

Med. Price/SqFt

$190

Avg. Days On Market

27

# of Sold Homes

242

1241 33rd St vs Des Moines

49 DAYS ON ROCKET

+22 Days

$1,200,000

+$986.8K More

$176/SqFt

-$14 Less

KEY TAKEAWAY

This property is $986.8K more than the Median Sold Price and $14/SqFt less than other homes in Des Moines, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: DMAAR
  • MLS Number: #700351

Listing Office:

  • Office Name: BEX Realty, LLC
  • Office Phone: (952) 952-1002
  • Listing Agent: Jeffrey Hagel

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ 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 deemed reliable but not guaranteed. Copyright© 2024 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/20/2024, 10:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,664

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-169617
2
/10

  • Stowe Elementary School

  • 1411 E 33rd St

  • 0.24 miles

  • Public District Grades PK-5

Middle School

school-card-donut-169618
3
/10

  • Hoyt Middle School

  • 2700 E 42nd St

  • 1.64 miles

  • Public District Grades 6-8

school-card-donut-169619
1
/10

  • Goodrell Middle School

  • 3300 E 29th St

  • 1.69 miles

  • Public District Grades 6-8

school-card-donut-169620
9
/10

  • Cowles Elementary School

  • 6401 College Ave

  • 7.97 miles

  • Public District Grades PK-8

High School

school-card-donut-169621
2
/10

  • East High School

  • 815 E 13th St

  • 2.57 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,224. Typical income of Des Moines, IA residents is between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1241 33rd St

What is the listing price of this property?

The listing price of 1241 33rd St property is $1,200,000.

What type of property is this?

The property 1241 33rd St is a condo located in Des Moines, Iowa, 50311.

Is this property for sale now?

Active Listing: 1241 33rd St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1241 33rd St are:
Stowe Elementary School: GreatSchools Rating 2/10
Hoyt Middle School: GreatSchools Rating 3/10
Goodrell Middle School: GreatSchools Rating 1/10
Cowles Elementary School: GreatSchools Rating 9/10
East High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 1241 33rd St has 18 bedrooms and 12 bathrooms.

What is the square footage of this property?

The property 1241 33rd St is 6,836 SqFt (source: MLS/tax record).

Rocket Homes›Iowa›Polk County›Des Moines›50311›1241 33rd St

This home is located at 1241 33rd St in Des Moines, IA and zip code 50311 in the Gray's Woods neighborhood. Features: 18 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since August 02, 2024 and is currently priced at $1,200,000.

In August 2024 more than 55 listings in Des Moines, IA were sold above the asking price. During the same period more than 61 listings were sold at asking price, while more than 126 were sold below. Listings spent 27 days on the market in August 2024, and had a median list price of $213,114 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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