118 Water St Unit 325 Des Moines, IA 50309
Downtown Des Moines NeighborhoodEstimated Value: $275,000 - $314,000
1
Bed
1.5
Baths
1,270
Sq Ft
$233/Sq Ft
Est. Value
Highlights
- Deck
- Forced Air Heating and Cooling System
- Dining Area
- Wood Flooring
- Family Room
About This Home
As of July 2019Immaculate 1 bedroom condo in prime downtown location. Nearly 1300 square feet encompass this beautiful 3rd floor open ranch floor plan that overlooks the private courtyard. Ten foot ceilings, southern facing windows, and hardwood floors make this home welcoming and airy. Open kitchen with oversized peninsula, granite countertops, stainless steel appliances and oversized dinette. Don’t miss the spacious living room that leads to the private balcony. Huge master suite includes dual closets, spacious bath with separate shower, jetted tub, dual vanity and linen closet. Don’t miss the additional 1/2 bath, convenient large laundry room with extra storage, secured building, underground heated parking and street parking. Enjoy downtown living with Hy-Vee just a few blocks away, immediate access to Meredith trail. Plus you are steps away from the Downtown Farmer’s Market in the Summer, Nightfall on the River, Cowels Commons, Court Ave District, Principal Park, East Village, & so much more.
Townhouse Details
Home Type
- Townhome
Year Built
- Built in 2002
HOA Fees
- $388 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Slab Foundation
- Rubber Roof
- Metal Siding
- Cement Board or Planked
Interior Spaces
- 1,270 Sq Ft Home
- Family Room
- Dining Area
Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 1 Main Level Bedroom
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 02002694026000
Community Details
Overview
- Knapp Randi Johnson Association, Phone Number (515) 222-5206
- The community has rules related to renting
Recreation
- Snow Removal
Pet Policy
- Breed Restrictions
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 24, 2019
Closed on
Jul 17, 2019
Sold by
Trytten Kathleen J
Bought by
Gangadharan Pravinkumar
Seller's Agent
Stephanie Wright
RE/MAX Precision
Buyer's Agent
Kenneth Mwirichia
Keller Williams Realty GDM
List Price
$229,900
Sold Price
$220,000
Premium/Discount to List
-$9,900
-4.31%
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
$75,453
Avg. Annual Appreciation
5.13%
Original Mortgage
$198,000
Outstanding Balance
$134,091
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$161,813
Purchase Details
Closed on
Apr 13, 2011
Sold by
Veltri Joanna M and Lowe Timothy Tucker
Bought by
Kay Decker Courtney and Decker Ii Charles E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
4.77%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 14, 2008
Sold by
Lowe Joanna Marie and Lowe Timothy Tucker
Bought by
Lowe Joanna Marie and Lowe Timothy Tucker
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.31%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 23, 2004
Sold by
Water Street Brownstones Llc
Bought by
Veltri Joanna M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,536
Interest Rate
5.9%
Mortgage Type
Credit Line Revolving
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gangadharan Pravinkumar | $220,000 | None Available | |
| Kay Decker Courtney | $209,500 | None Available | |
| Lowe Joanna Marie | -- | None Available | |
| Veltri Joanna M | $233,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gangadharan Pravinkumar | $198,000 | |
| Previous Owner | Trytten Kathleen J | $208,050 | |
| Previous Owner | Decker Ii Charles E | $31,500 | |
| Previous Owner | Kay Decker Courtney | $168,000 | |
| Previous Owner | Lowe Joanna Marie | $225,000 | |
| Previous Owner | Veltri Joanna M | $46,536 | |
| Previous Owner | Veltri Joanna M | $186,142 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2019 07/18/19 | Sold | $220,000 | -4.3% | $173 / Sq Ft |
| 07/18/2019 07/18/19 | Pending | -- | -- | -- |
| 01/24/2019 01/24/19 | For Sale | $229,900 | -- | $181 / 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 | $5,038 | $256,100 | $13,500 | $242,600 |
| 2023 | $5,418 | $256,100 | $13,500 | $242,600 |
| 2022 | $5,378 | $229,900 | $12,100 | $217,800 |
| 2021 | $5,914 | $229,900 | $12,100 | $217,800 |
| 2020 | $5,916 | $237,000 | $12,500 | $224,500 |
| 2019 | $5,780 | $237,000 | $12,500 | $224,500 |
| 2018 | $5,716 | $223,600 | $11,800 | $211,800 |
| 2017 | $5,312 | $223,600 | $11,800 | $211,800 |
| 2016 | $5,170 | $204,900 | $10,800 | $194,100 |
| 2015 | $5,170 | $204,900 | $10,800 | $194,100 |
| 2014 | $234 | $208,100 | $11,000 | $197,100 |
Source: Public Records
Agents Affiliated with this Home
-
Stephanie Wright
Seller's Agent in 2019
Stephanie Wright
RE/MAX
(515) 202-6150
2 in this area
227 Total Sales
-
Kenneth Mwirichia
Buyer's Agent in 2019
Kenneth Mwirichia
Keller Williams Realty GDM
(515) 201-6664
195 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 575618
APN: 020-02694026000
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