NOT LISTED FOR SALE

100 Water St Unit 301 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated Value: $417,989 - $540,000

2 Beds
2 Baths
1,741 Sq Ft
$265/Sq Ft Est. Value

Last Sold February 17, 2021

Last sale price $430,000 $247 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,768/month

281 Days on Market

Highlights

  • Traditional Architecture
  • 3 Fireplaces
  • Shades
  • Main Floor Primary Bedroom
  • Den
  • Security Service

About This Home

As of February 2021

PRICE REDUCED!Stunning 3rd-floor corner condo w/ incredible views of the river, riverwalk, & Simon Estes amphitheater to the north. If you're looking for a luxury condo near absolutely everything downtown has to offer, this is it! With over 1,700sf, you'll find two large bedrooms & bathrooms, spectacular living & dining spaces, den/study, & a deck off of the kitchen for your grill. There are floor to ceiling windows in nearly every room of this beautiful unit. New luxury flooring throughout the living area & granite countertops & stainless steel appliances in the kitchen. The condo also includes a private underground parking stall w/storage & 3 modern bio-ethanol fireplaces. The Water Street Townhomes include a beautifully manicured courtyard & is walking distance to the East Village, Farmer's market, concerts, & the city's center of commerce. If you have been looking for the perfect downtown property, look no more, this one is it. All information obtained from Seller & public records.

Last Agent to Sell the Property

Marc Lee

RE/MAX Precision Listed on: 05/12/2020

Co-Listed By

Al Tramontina

RE/MAX Precision

Last Buyer's Agent

Kathy Bennett

Realty ONE Group Impact

Realty ONE Group Impact

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,545

Year Built

  • Built in 2002

HOA Fees

  • $600 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 1,741 Sq Ft Home
  • 3 Fireplaces
  • Shades
  • Drapes & Rods
  • Family Room
  • Dining Area
  • Den
  • Home Security System

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02002694019000

Community Details

Overview

  • Knapp Properties Association, Phone Number (515) 223-4000
  • The community has rules related to renting

Recreation

  • Snow Removal

Pet Policy

  • Breed Restrictions

Additional Features

  • Community Storage Space
  • Security Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,545

Year Built

Built in 2002

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Architecture: Traditional
  • Lp Amt Sq Ft: 258.41
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 246.98
  • Termite: Follow Showing Instructions
  • Unit: 301
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplaces: 3
  • Interior Amenities: 1st Flr Laundry, Cable TV, Carpeting, Drapes/Curtains, Fireplace Equipment, Security System, Shades/Shutters, Tile Floors, Vinyl Floors, See Remarks
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Dining Room: Dining Areas
  • Family Room: 1st Floor
  • Other Rooms: Den
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1741
  • Total Sq Ft: 1741

Exterior Features

  • Exterior: Brick
  • Foundation: Poured
  • Roof: Rubber
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage Sq Ft: 166
  • Garage: 1 Attached
  • Garage Parking Stalls: 1

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Electric Forced Air
  • Services: Exterior Maint./Bldg., Lawn Care, Security Services, Snow Removal, Trash Service

Association/Amenities

  • Amenities: Extra Storage, Pet Restrictions, Rent Restrictions, See Remarks, Snow Removal
  • HOA Name: Water Street Brownstones HOA
  • Management Firm: Knapp Properties
  • Management Firm Phone: 515-223-4000

Condo/Co-op/Association

  • Association Fee: 600.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Schools

  • School District: Des Moines Independent

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Lot Info

  • Assessor Parcel Number: 02002694019000
  • Zoning: D-R

Rental Info

  • Rent Restriction Description: No more than 3 units in the building are eligible for lease at any one time. A lease is to be a minimum of 2-years No Air B&B allowed.

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 8545.00
  • Net Taxes: 8545.00
  • Tax Year: 2019

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Jan 11, 2021
Sold by
Sibulkin Michael B and The Estate Of Mary Katherine T
Bought by
Sibulkin Michael B and Mary Kay Tamasi Revocable Trus
Seller's Agent
Marc Lee
RE/MAX Precision
Buyer's Agent
Kathy Bennett
Realty ONE Group Impact
List Price
$464,900
Sold Price
$430,000
Premium/Discount to List
-$34,900
-7.51%
Current Estimated Value
$461,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,747
Avg. Annual Appreciation
1.59%
Original Mortgage
$344,000
Outstanding Balance
$308,110
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$153,637

Purchase Details

Listed on
May 18, 2012
Closed on
Sep 25, 2012
Sold by
Percival Peter
Bought by
Tamasi Mary Katherine
Seller's Agent
Anne Timmins
Iowa Realty Mills Crossing
Buyer's Agent
Marcia Munger
Keller Williams Realty GDM
List Price
$372,000
Sold Price
$325,000
Premium/Discount to List
-$47,000
-12.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%
Original Mortgage
$243,750
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2004
Sold by
Water Street Brownstones Llc
Bought by
Percival Peter C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Sibulkin Michael B -- None Available
Erdoesy John $430,000 None Available
Tamasi Mary Katherine $324,375 None Available
Percival Peter C $314,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erdoesy John $344,000
Previous Owner Tamasi Mary Katherine $243,750
Previous Owner Percival Peter C $49,000
Previous Owner Percival Peter C $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2021 02/17/21 Sold $430,000 -7.5% $247 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
05/12/2020 05/12/20 For Sale $464,900 +43.0% $267 / Sq Ft
10/01/2012 10/01/12 Sold $325,000 -12.6% $187 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
05/18/2012 05/18/12 For Sale $372,000 -- $214 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $7,818 $397,400 $18,500 $378,900
2023 $8,406 $397,400 $18,500 $378,900
2022 $6,938 $356,700 $16,600 $340,100
2021 $7,632 $296,600 $16,600 $280,000
2020 $7,928 $305,800 $17,100 $288,700
2019 $7,754 $305,800 $17,100 $288,700
2018 $7,674 $288,500 $16,100 $272,400
2017 $7,154 $288,500 $16,100 $272,400
2016 $6,970 $264,500 $14,800 $249,700
2015 $6,970 $264,500 $14,800 $249,700
2014 $318 $268,500 $15,000 $253,500
Source: Public Records

Agents Affiliated with this Home

  • Marc Lee

    Seller's Agent in 2021

    Marc Lee

    RE/MAX

    (515) 988-2568

    1 in this area

    354 Total Sales

    Marc Lee
    Section Image
  • Al Tramontina

    Seller Co-Listing Agent in 2021

    Al Tramontina

    RE/MAX

    (515) 494-2160

    1 in this area

    188 Total Sales

    Al Tramontina
    Section Image

  • K

    Buyer's Agent in 2021

    Kathy Bennett

    Realty ONE Group Impact

    1 in this area

    55 Total Sales

    Kathy Bennett
    Section Image

  • A

    Seller's Agent in 2012

    Anne Timmins

    Iowa Realty Mills Crossing

  • Marcia Munger

    Buyer's Agent in 2012

    Marcia Munger

    Keller Williams Realty GDM

    (515) 321-6607

    200 Total Sales

    Marcia Munger
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 604975

Des Moines Area Association of REALTORS®

APN: 020-02694019000

Iowa Polk County Des Moines 50309 Downtown Des Moines

100 Water St Unit 301, Des Moines, IA

This home is located at 100 Water St Unit 301, Des Moines, IA 50309 since 12 May 2020 and is currently estimated at $461,747, approximately $265 per square foot. This property was built in 2002. 100 Water St Unit 301 is a home located in Polk County with nearby schools including Walnut Street School, Callanan Middle School, and Roosevelt High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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