118 Water St Unit 225 Des Moines, IA 50309
Downtown Des Moines Neighborhood
1
Bed
1.5
Baths
1,270
Sq Ft
$330/mo
HOA Fee
Highlights
- Ranch Style House
- Home Security System
- Tile Flooring
- Eat-In Kitchen
- Accessible Ramps
- Forced Air Heating and Cooling System
About This Home
As of May 2024You won't want to miss this great opportunity to live in one downtown's premier developments on the river walk. This one owner home features an open floor plan with w/10 ft. ceilings, balcony over looking the center courtyard area, and heated underground parking. The kitchen is open to living room and dining areas and features hardwood flooring, maple cabinets and a large breakfast island. You will find dual closets in the Master bedroom along with dual sinks in the master bath plus a bubble tub and separate shower area. Tile flooring in both baths. This prime location is just steps from Court Avenue Entertainment District, ball park, bike path and river walk, Civic Center, Amphitheatre, farmers market and so much more. This well secured building welcomes pets and has a solid association & remaining tax abatement.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $218
Year Built
- Built in 2002
HOA Fees
- $330 Monthly HOA Fees
Home Design
- Ranch Style House
- Brick Exterior Construction
- Rubber Roof
- Stucco
Interior Spaces
- 1,270 Sq Ft Home
- Drapes & Rods
- Family Room
- Dining Area
- Home Security System
Kitchen
- Eat-In Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 1 Main Level Bedroom
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 1 Car Attached Garage
- Driveway
Accessible Home Design
- Accessible Ramps
Utilities
- Forced Air Heating and Cooling System
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 02002694018000
Community Details
Overview
- Built by Lauder Sherman
Security
- Fire and Smoke Detector
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,264
Avg. Annual Appreciation
0.49%
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
Similar Homes in Des Moines, IA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $270,000 | None Listed On Document | |
| Warranty Deed | $247,500 | None Available | |
| Warranty Deed | $222,000 | None Available | |
| Warranty Deed | $208,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $198,000 | New Conventional | |
| Previous Owner | $148,000 | New Conventional | |
| Previous Owner | $169,600 | New Conventional | |
| Previous Owner | $10,000 | Credit Line Revolving | |
| Previous Owner | $171,500 | Unknown | |
| Previous Owner | $167,200 | Purchase Money Mortgage |
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
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
-
S
Seller's Agent in 2024
Stacey Smith
Century 21 Signature
(402) 201-5994
2 in this area
59 Total Sales
-
C
Seller's Agent in 2021
Cindy Carlson
RE/MAX
-
Seller's Agent in 2019
Lucrezia Moore
Iowa Realty Mills Crossing
(515) 710-1247
1 in this area
133 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 426507
APN: 020-02694018000
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