NOT LISTED FOR SALE

118 Water St Unit 322 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated Value: $350,000 - $644,000

2 Beds
2 Baths
1,741 Sq Ft
$269/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $450,000 $258 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,609/month

58 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Den
  • Ranch Style House
  • Wine Refrigerator
  • Eat-In Kitchen

About This Home

As of December 2018

Awesome chance to own on the river downtown! Amazing views of the Capitol, courtyard, pedestrian bridge and the Des Moines River. Hard to find floor plan with 2 bedrooms, 2 bathrooms and an office. Corner unit with huge windows and 10 ceilings that are sure to impress. There is a good amount of closet space and a large storage unit in the underground parking garage. There is a 2nd underground parking space that can be purchased as well. Opportunities like this do not happen often! Call today for a showing!

Last Agent to Sell the Property

B.J. Knapp

Iowa Realty Mills Crossing Listed on: 10/10/2018

Iowa Realty Mills Crossing

Last Buyer's Agent

Suzana Dobrosavljevic

RE/MAX Concepts

RE/MAX Concepts

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,728

Year Built

  • Built in 2004

HOA Fees

  • $496 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,741 Sq Ft Home
  • Drapes & Rods
  • Family Room
  • Dining Area
  • Den

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02002694023000

Community Details

Overview

  • Knapp Properties Association
  • On-Site Maintenance
  • The community has rules related to renting

Recreation

  • Snow Removal

Pet Policy

  • Breed Restrictions

Additional Features

  • Community Storage Space
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,728

Year Built

Built in 2004

Lot Details

0

HOA Fees

$496 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Ranch
  • Lp Amt Sq Ft: 258.47
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 258.47
  • Termite: Call Listing Agent
  • Unit: 322
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, Cable TV, Carpeting, Drapes/Curtains, Fire Alarm, Hardwood Floors, Smoke Detector, Tile Floors
  • Total Bathrooms: 2.00
  • Partial Bath Total: 2
  • Partial Bath 1st Floor: 2
  • Dining Room: Dining Areas, Eat In Kitchen
  • Family Room: 1st Floor
  • Other Rooms: Den, Pantry
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer, Wine Fridge
  • Living Area Sq Ft: 1741
  • Total Sq Ft: 1741

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Attached

Utilities

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

Association/Amenities

  • Amenities: Extra Storage, Pet Restrictions, Rent Restrictions
  • HOA Name: WaterStreet brownstones HOA
  • Management Firm: Knapp Properties

Condo/Co-op/Association

  • Association Fee: 496.0000
  • Association Fee Term: Month
  • Association Fee: Yes

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: 02002694023000
  • Zoning: RES

Rental Info

  • Rent Restriction Description: No more than 3 units can be rented at once. Units can only be rented out for a maximum of 2 years.

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 8728.00
  • Net Taxes: 8728.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2023
Sold by
Dill Stacy L
Bought by
Vopava Bruce and Vopava Vicki
Current Estimated Value
$468,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Outstanding Balance
$309,560
Interest Rate
6.43%
Mortgage Type
New Conventional
Estimated Equity
$158,828

Purchase Details

Listed on
Oct 10, 2018
Closed on
Dec 2, 2018
Sold by
Haldar Wael Nassim and Mcavoy Sara
Bought by
Dill Stacy L
Seller's Agent
B.J. Knapp
Iowa Realty Mills Crossing
Buyer's Agent
Suzana Dobrosavljevic
RE/MAX Concepts
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.56%
Original Mortgage
$300,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 5, 2006
Sold by
Scofield Joe and Kruidenier Lisa
Bought by
Haidar Wael Nassim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,550
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vopava Bruce $440,000 None Listed On Document
Dill Stacy L $450,000 None Available
Haidar Wael Nassim $348,500 Itc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vopava Bruce $330,000
Previous Owner Dill Stacy L $300,000
Previous Owner Haidar Wael Nassim $331,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2018 12/07/18 Sold $450,000 0.0% $258 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
10/10/2018 10/10/18 For Sale $450,000 -- $258 / 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
2025 $8,170 $415,300 $18,500 $396,800
2024 $8,170 $415,300 $18,500 $396,800
2023 $8,786 $415,300 $18,500 $396,800
2022 $8,720 $372,800 $16,600 $356,200
2021 $9,590 $372,800 $16,600 $356,200
2020 $9,962 $384,300 $17,100 $367,200
2019 $8,818 $384,300 $17,100 $367,200
2018 $8,728 $328,100 $16,100 $312,000
2017 $8,136 $328,100 $16,100 $312,000
2016 $7,926 $300,800 $14,800 $286,000
2015 $7,926 $300,800 $14,800 $286,000
2014 $318 $305,400 $15,000 $290,400
Source: Public Records

Agents Affiliated with this Home

  • B.J. Knapp

    Seller's Agent in 2018

    B.J. Knapp

    Iowa Realty Mills Crossing

    (515) 669-5952

    64 in this area

    152 Total Sales

    B.J. Knapp
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 570906

Des Moines Area Association of REALTORS®

APN: 020-02694023000

Iowa Polk County Des Moines 50309 Downtown Des Moines

118 Water St Unit 322, Des Moines, IA

Not Listed for Sale

Townhouses

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