NOT LISTED FOR SALE

Estimated Value: $269,963 - $316,000

1 Bed
1.5 Baths
1,270 Sq Ft
$227/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $270,000 $213 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,307/month

5 Days on Market

Highlights

  • Deck
  • Shades
  • Home Security System
  • Ranch Style House
  • Security Service
  • Accessible Ramps

About This Home

As of May 2024

Welcome to 118 Water Street, Unit 225 – where urban living meets contemporary charm in downtown Des Moines! This 1-bedroom, 2-bathroom condo is a gem that perfectly captures the essence of city life. Step into a home that's not just stylish, but also thoughtfully updated to suit modern tastes. Nestled in the heart of downtown Des Moines, it's the ultimate location for those who want to feel the heartbeat of the city. Imagine being just steps away from the trendiest restaurants, exciting entertainment spots, and vibrant cultural attractions. The primary bedroom is your personal sanctuary, where natural light pours in, creating a cozy and welcoming atmosphere. Prepare to feel like you’re in a spa in your spacious primary bathroom. And let's not forget your own private balcony – the perfect retreat to sip your morning coffee or unwind with a glass of wine in the evening, all while enjoying views of the courtyard. 1 car heated garage with additional storage for a bike, extra decor or hobbies. Whether you're a first-time buyer looking for your dream home or an investor seeking a prime piece of downtown Des Moines real estate, this condo is the perfect fit! Schedule a private showing today and discover the endless possibilities of modern urban living at 118 Water Street, Unit 225. Live the downtown dream!

Last Agent to Sell the Property

Stacey Smith

Century 21 Signature Listed on: 03/06/2024

Century 21 Signature

Last Buyer's Agent

Stacey Smith

Century 21 Signature Listed on: 03/06/2024

Century 21 Signature

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,103

Year Built

  • Built in 2002

HOA Fees

  • $430 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Rubber Roof
  • Metal Siding
  • Cement Board or Planked
  • Stucco

Interior Spaces

  • 1,270 Sq Ft Home
  • Shades
  • Drapes & Rods
  • Dining Area
  • Home Security System

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom

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

Additional Features

  • Accessible Ramps
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 020/02694-018-000

Community Details

Overview

  • Sentry Property Management Association, Phone Number (515) 222-3699

Recreation

  • Snow Removal

Security

  • Security Service
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,103

Year Built

Built in 2002

Lot Details

0

HOA Fees

$430 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Ranch
  • Lp Amt Sq Ft: 216.54
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 212.60
  • Unit: 225
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, Drapes/Curtains, Fire Alarm, LVP, Security System, Shades/Shutters, Tile Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Dining Room: Dining Areas
  • Handicap Features: Ramp
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Living Area Sq Ft: 1270
  • Total Sq Ft: 1270

Exterior Features

  • Exterior: Brick, Cement Board, Metal Siding, Stucco
  • Exterior Features: Deck
  • Roof: Rubber
  • Street Feature: Concrete
  • Trim: Maple, Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Attached
  • Garage Parking Stalls: 1

Utilities

  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Services: Cable, Exterior Maint./Bldg., Insurance, Security Services, Snow Removal, Trash Service

Condo/Co-op/Association

  • Association Fee: 430.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Association/Amenities

  • HOA Name: Water Street Brownstones
  • Management Firm: Sentry Property Management
  • Management Firm Phone: (515) 222-3699

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: 020/02694-018-000
  • Zoning: RES

Rental Info

  • Rent Restriction Description: Rentals are limited to three (of 34 total units). Any lease agreement would need to be reviewed and approved by the Board.

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 5102.65
  • Net Taxes: 4893.49

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2024
Closed on
Apr 29, 2024
Sold by
Page Michael J and Page Deanna
Bought by
Ct Aegir Property Aps
Seller's Agent
Stacey Smith
Century 21 Signature
Buyer's Agent
Stacey Smith
Century 21 Signature
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%
Views
14
Current Estimated Value
$287,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,991
Avg. Annual Appreciation
0.44%

Purchase Details

Listed on
Jan 3, 2021
Closed on
Apr 28, 2021
Sold by
Mitchell Gerald Paul and Mitchell Rose Elizabeth
Bought by
Page Michael J and Page Colton M
Seller's Agent
Cindy Carlson
RE/MAX Concepts
Buyer's Agent
Stacey Smith
Century 21 Signature
List Price
$268,000
Sold Price
$247,500
Premium/Discount to List
-$20,500
-7.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.93%
Original Mortgage
$198,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 3, 2019
Closed on
Jul 16, 2019
Sold by
Underwood Clara F H and Underwood Jacob S
Bought by
Kleywig Mitchell Gerald Paul and Kleywig Mitchell Rose Elizabeth
Seller's Agent
Lucrezia Moore
Iowa Realty Mills Crossing
Buyer's Agent
Cindy Carlson
RE/MAX Concepts
List Price
$229,900
Sold Price
$222,000
Premium/Discount to List
-$7,900
-3.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%

Purchase Details

Closed on
Jul 2, 2004
Sold by
Water Street Brownstones Llc
Bought by
Vacco Rebecca L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,200
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ct Aegir Property Aps $270,000 None Listed On Document
Page Michael J $247,500 None Available
Kleywig Mitchell Gerald Paul $222,000 None Available
Vacco Rebecca L $208,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Page Michael J $198,000
Previous Owner Haneberg Clara F $148,000
Previous Owner Behrens Rebecca L $169,600
Previous Owner Behrens Rebecca $10,000
Previous Owner Behrens Rebecca L $171,500
Previous Owner Vacco Rebecca L $167,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $270,000 -1.8% $213 / Sq Ft
03/11/2024 03/11/24 Pending -- -- --
03/06/2024 03/06/24 For Sale $275,000 +11.1% $217 / Sq Ft
04/30/2021 04/30/21 Sold $247,500 -7.6% $195 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
01/03/2021 01/03/21 For Sale $268,000 +20.7% $211 / Sq Ft
07/18/2019 07/18/19 Sold $222,000 -3.4% $175 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
05/03/2019 05/03/19 For Sale $229,900 +24.3% $181 / Sq Ft
08/15/2014 08/15/14 Sold $185,000 -11.9% $146 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
10/22/2013 10/22/13 For Sale $209,900 -- $165 / 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 $4,266 $227,300 $13,500 $213,800
2023 $4,598 $227,300 $13,500 $213,800
2022 $4,562 $204,000 $12,100 $191,900
2021 $5,248 $204,000 $12,100 $191,900
2020 $5,452 $210,300 $12,500 $197,800
2019 $5,332 $210,300 $12,500 $197,800
2018 $5,278 $198,400 $11,800 $186,600
2017 $4,916 $198,400 $11,800 $186,600
2016 $4,790 $181,800 $10,800 $171,000
2015 $4,790 $181,800 $10,800 $171,000
2014 $2 $184,600 $11,000 $173,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 690551

Des Moines Area Association of REALTORS®

APN: 020-02694018000