NOT LISTED FOR SALE

118 Water St Unit 120 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated Value: $397,144 - $468,000

2 Beds
1.5 Baths
1,648 Sq Ft
$257/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $426,000 $258 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,388/month

Highlights

  • Tandem Parking
  • Tile Flooring
  • Family Room
  • Patio
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of February 2022

HOT NEW LISTING ALERT! The location of this Brownstone condo is one of the most desired in all of downtown Des Moines. This corner unit is the only one in the building with a full patio and windows on 3 sides providing a ton of natural light. With so many updates and improvements, there is nothing the new owner needs to do but move in and enjoy. You'll enjoy unobstructed views of the Des Moines river and the newly completed walk-over bridge. Walk to Principle Park, the East Village, Farmers market and the Court Ave entertainment district. 2 parking spaces in the underground garage make this the perfect home for the most particular buyer. Too many features/updates to mention so call today for your private tour. THIS ONE WON'T LAST LONG! CALL TODAY! All information obtained from Seller and public records.

Last Agent to Sell the Property

David Peers

RE/MAX Precision Listed on: 01/04/2022

RE/MAX Precision

Last Buyer's Agent

Shana Wells

Weichert, Realtors®-Miller & C

Weichert, Realtors®-Miller & C

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,903

Year Built

  • Built in 2002

HOA Fees

  • $555 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Stone Siding

Interior Spaces

  • 1,648 Sq Ft Home
  • 2-Story Property
  • Drapes & Rods
  • Family Room
  • Dining Area

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Driveway

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02002694007000

Community Details

Overview

  • West Management Association

Additional Features

  • Community Storage Space
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,903

Year Built

Built in 2002

Lot Details

0

HOA Fees

$555 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Two Story
  • Lp Amt Sq Ft: 266.99
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 258.50
  • Termite: Follow Showing Instructions
  • Unit: 120
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: 2nd Flr Laundry, Cable TV, Carpeting, Drapes/Curtains, Fire Alarm, Laminate Floors, Smoke Detector, Tile Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Dining Room: Dining Areas
  • Family Room: 1st Floor
  • Other Rooms: See Remarks
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1648
  • Total Sq Ft: 1648

Exterior Features

  • Exterior: Brick, Stone
  • Exterior Features: Open Patio
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Attached, Tandem

Utilities

  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Services: Exterior Maint./Bldg., Trash Service

Association/Amenities

  • Amenities: Extra Storage
  • HOA Name: Water St Brownstones
  • Management Firm: West Management

Condo/Co-op/Association

  • Association Fee: 554.6800
  • 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: 02002694007000
  • Zoning: DXR

Rental Info

  • Rent Restriction Description: Yes, see covenants.

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 8903.00
  • Net Taxes: 8675.00
  • Tax Year: 2021

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2022
Closed on
Feb 15, 2022
Sold by
Goers Steven D and Goers Willona G
Bought by
Utar Hale
Seller's Agent
David Peers
RE/MAX Precision
Buyer's Agent
Shana Wells
Weichert, Realtors®-Miller & C
List Price
$440,000
Sold Price
$426,000
Premium/Discount to List
-$14,000
-3.18%
Current Estimated Value
$423,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,214
Avg. Annual Appreciation
0.95%
Original Mortgage
$286,000
Outstanding Balance
$268,083
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$172,618

Purchase Details

Closed on
Aug 10, 2004
Sold by
Water Street Brownstones Llc
Bought by
Mosher John E and Mosher Nora M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.5%
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
Utar Hale $426,000 None Listed On Document
Mosher John E $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Utar Hale $286,000
Previous Owner Goers Steven D $225,000
Previous Owner Mosher John E $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $426,000 -3.2% $258 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
01/04/2022 01/04/22 For Sale $440,000 +35.0% $267 / Sq Ft
10/01/2014 10/01/14 Sold $326,000 -2.4% $198 / Sq Ft
09/01/2014 09/01/14 Pending -- -- --
08/13/2014 08/13/14 For Sale $334,000 -- $203 / 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 $7,144 $373,600 $17,300 $356,300
2023 $7,694 $373,600 $17,300 $356,300
2022 $7,632 $335,300 $15,500 $319,800
2021 $7,632 $335,300 $15,500 $319,800
2020 $8,734 $345,700 $16,000 $329,700
2019 $8,536 $345,700 $16,000 $329,700
2018 $8,444 $326,100 $15,100 $311,000
2017 $7,854 $326,100 $15,100 $311,000
2016 $7,646 $298,900 $13,800 $285,100
2015 $7,646 $298,900 $13,800 $285,100
2014 $298 $303,400 $14,000 $289,400
Source: Public Records

Agents Affiliated with this Home

  • David Peers

    Seller's Agent in 2022

    David Peers

    RE/MAX

    (515) 314-1818

    1 in this area

    29 Total Sales

    David Peers
    Section Image
  • Shana Wells

    Buyer's Agent in 2022

    Shana Wells

    Weichert, Realtors®-Miller & C

    (515) 650-0322

    4 in this area

    150 Total Sales

    Shana Wells
    Section Image
  • Lucrezia Moore

    Seller's Agent in 2014

    Lucrezia Moore

    Iowa Realty Mills Crossing

    (515) 710-1247

    1 in this area

    134 Total Sales

    Lucrezia Moore
    Section Image

  • I

    Buyer's Agent in 2014

    Ivan Brehmer

    Iowa Realty Beaverdale

See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 643735

Des Moines Area Association of REALTORS®

APN: 020-02694007000

Iowa Polk County Des Moines 50309 Downtown Des Moines

118 Water St Unit 120, Des Moines, IA

This home is located at 118 Water St Unit 120, Des Moines, IA 50309 since 04 January 2022 and is currently estimated at $423,786, approximately $257 per square foot. This property was built in 2002. 118 Water St Unit 120 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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