118 Water St Unit 125 Des Moines, IA 50309
Downtown Des Moines NeighborhoodEstimated payment $2,312/month
Total Views
378,864
1
Bed
1.5
Baths
1,270
Sq Ft
$224
Price per Sq Ft
Highlights
- Ranch Style House
- Wine Refrigerator
- Shades
- Main Floor Primary Bedroom
- Covered Patio or Porch
- Eat-In Kitchen
About This Home
Welcome to your pet-friendly community downtown escape. This spacious one-bedroom, two-bath condo spans an impressive 1,270sqft and resides in the vibrant heart of Downtown Des Moines. Immerse yourself in a neighborhood brimming with premier dining establishments, captivating live music venues or taking the Skywalk on a sunny day.
Step into this remarkable abode to discover expansive ceilings, a walk-in closet, granite counters, and beautiful south-facing daylight windows, ensuring an abundance of natural light fills your living space. Recent updates include a new furnace (2024), Water Heater 2024, A/C (2018), and refrigerator (2023).
Experience the convenience of HOA dues covering hallway and garage upkeep, snow removal, exterior insurance, plus water and sewer. Bid farewell to the stress of downtown parking with an attached underground heated parking garage—and enjoy the added bonus of an extra storage space located by the garage.
This pet-friendly community also allows rental opportunities (board approval needed) making it a fantastic investment. Connect with your preferred agent or contact the listing agent directly to schedule your exclusive tour today!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $4,080
Year Built
- Built in 2002
HOA Fees
- $461 Monthly HOA Fees
Home Design
- Ranch Style House
- Brick Exterior Construction
Interior Spaces
- 1,270 Sq Ft Home
- Shades
- Drapes & Rods
- Family Room
- Dining Area
- Home Security System
Kitchen
- Eat-In Kitchen
- Stove
- Dishwasher
- Wine Refrigerator
Flooring
- Carpet
- Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 1 Car Detached Garage
- No Driveway
Utilities
- Forced Air Heating and Cooling System
- Municipal Trash
Additional Features
- Covered Patio or Porch
- Irrigation
Listing and Financial Details
- Assessor Parcel Number 02002694012000
Community Details
Overview
- Sentry Management Association, Phone Number (515) 222-3699
Recreation
- Snow Removal
Security
- Fire and Smoke Detector
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,048 | $216,200 | $13,500 | $202,700 |
| 2023 | $4,574 | $216,200 | $13,500 | $202,700 |
| 2022 | $4,330 | $194,100 | $12,100 | $182,000 |
| 2021 | $4,778 | $194,100 | $12,100 | $182,000 |
| 2020 | $4,960 | $200,100 | $12,500 | $187,600 |
| 2019 | $4,846 | $200,100 | $12,500 | $187,600 |
| 2018 | $4,790 | $188,800 | $11,800 | $177,000 |
| 2017 | $4,448 | $188,800 | $11,800 | $177,000 |
| 2016 | $4,330 | $173,000 | $10,800 | $162,200 |
| 2015 | $4,330 | $173,000 | $10,800 | $162,200 |
| 2014 | $234 | $175,700 | $11,000 | $164,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/29/2025 08/29/25 | Price Changed | $284,995 | 0.0% | $224 / Sq Ft |
| 08/06/2025 08/06/25 | Price Changed | $285,000 | -1.7% | $224 / Sq Ft |
| 06/23/2025 06/23/25 | For Sale | $290,000 | +9.4% | $228 / Sq Ft |
| 07/01/2022 07/01/22 | Sold | $265,000 | -3.6% | $209 / Sq Ft |
| 05/13/2022 05/13/22 | Pending | -- | -- | -- |
| 03/28/2022 03/28/22 | Price Changed | $275,000 | -4.8% | $217 / Sq Ft |
| 03/04/2022 03/04/22 | Price Changed | $289,000 | -3.3% | $228 / Sq Ft |
| 02/11/2022 02/11/22 | For Sale | $299,000 | +48.0% | $235 / Sq Ft |
| 04/12/2017 04/12/17 | Sold | $202,000 | -15.8% | $159 / Sq Ft |
| 04/12/2017 04/12/17 | Pending | -- | -- | -- |
| 02/10/2017 02/10/17 | For Sale | $239,900 | -- | $189 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $265,000 | Simpson Jensen Abels Fischer & | |
| Warranty Deed | $189,950 | None Available | |
| Warranty Deed | $214,500 | None Available | |
| Warranty Deed | $19,500 | None Available | |
| Warranty Deed | $198,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $212,000 | New Conventional | |
| Previous Owner | $179,000 | New Conventional | |
| Previous Owner | $193,500 | Purchase Money Mortgage | |
| Previous Owner | $159,200 | Purchase Money Mortgage |
Source: Public Records
About the Listing Agent
Julie's Other Listings
Source: Des Moines Area Association of REALTORS®
MLS Number: 720680
APN: 020-02694012000
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.
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