NOTABLE TRANSACTIONS: Bankers group buys land in Urbandale for office building
BPC Staff Aug 5, 2020 | 12:32 pm
2 min read time
415 wordsAll Latest News, Real Estate and DevelopmentThe following real estate transactions in Polk and Dallas counties were recorded between July 27-31.
Fargo Properties LLC, based in New Jersey, paid Holt Sales & Service LLC $1.8 million for property at 2601 and 2615 Dean Ave. in Des Moines, records show. The property includes a one-story, 1,500-square-foot warehouse, built in 1960, located at 2615 Dean Ave. and .6-acres of vacant ground at 2601 Dean Ave. A two-story warehouse that had been at 2601 Dean Ave. was torn down in 2012, records show. The combined valued of the properties is $357,300, records show. Holt Sales & Services bought parcels in January 2019 for $775,000. The transaction with Fargo Properties was recorded on July 30, records show.
The Detra A. Warren Revocable Trust paid the Barbara J. Anderson 2004 Trust $1.25 million for property at 9450 N.E. 38th Ave. in Altoona, records show. The property, valued at $207,170, includes 76.5 acres, about 70 acres of which is farm ground. Also on the property is a single-family house constructed in 1930, utility building, grain bin and dryer and other farm-related buildings. The sale was recorded July 30.
Robert and Faye Wade paid Kruse Construction LLC $1.05 million for property at 720 Century Circle in Waukee, Dallas County real estate transactions show. The property includes a 2,553-square-foot ranch-style house constructed in 2019. Amenities in the house include quartz counters, central vacuum system and custom tile accent wall along the staircase. The property is valued at $1.16 million, records show. The transaction was closed July 28.
Editor’s note: This article was updated to include the correct number of acres bought by Iowa Bankers Insurance and Services Inc. A previous version of the article included an incorrect information.