NOT LISTED FOR SALE

118 Water St Unit 325 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated Value: $280,000 - $324,000

1 Bed
1.5 Baths
1,270 Sq Ft
$234/Sq Ft Est. Value

Last Sold July 18, 2019

Last sale price $220,000 $173 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,426/month

175 Days on Market

Highlights

  • Deck
  • Forced Air Heating and Cooling System
  • Dining Area
  • Wood Flooring
  • Family Room

About This Home

As of July 2019

Immaculate 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.

Last Agent to Sell the Property

Stephanie Wright

RE/MAX Precision Listed on: 01/24/2019

RE/MAX Precision

Last Buyer's Agent

Kenneth Mwirichia

Keller Williams Realty GDM

Keller Williams Realty GDM

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

Townhouse Details

Home Type

Townhome

Year Built

Built in 2002

Lot Details

0

HOA Fees

$388 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 175.20
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 173.23
  • Termite: Follow Showing Instructions
  • Unit: 325
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, Cable TV, Carpeting, Fire Alarm, Hardwood Floors, Smoke Detector, Tile Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Basement Description: Slab
  • Dining Room: Dining Areas
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1270
  • Total Sq Ft: 1270

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: Pet Restrictions, Rent Restrictions
  • HOA Name: Water Street Brownstones
  • Management Firm: Knapp - Randi Johnson
  • Management Firm Phone: 515-222-5206

Condo/Co-op/Association

  • Association Fee: 388.0000
  • Association Fee Term: Month
  • Association Fee: Yes

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: 02002694026000
  • Zoning: D-R

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 6087.00
  • Net Taxes: 5855.00

MLS Schools

  • School District: Des Moines Independent

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
$296,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,894
Avg. Annual Appreciation
4.96%
Original Mortgage
$198,000
Outstanding Balance
$134,091
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$161,362

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
Source: Public Records

Range of Values:

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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
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

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 $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

    221 Total Sales

    Section Image
  • Kenneth Mwirichia

    Buyer's Agent in 2019

    Kenneth Mwirichia

    Keller Williams Realty GDM

    (515) 201-6664

    194 Total Sales

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 575618

Des Moines Area Association of REALTORS®

APN: 020-02694026000

Iowa Polk County Des Moines 50309 Downtown Des Moines

118 Water St Unit 325, Des Moines, IA

This home is located at 118 Water St Unit 325, Des Moines, IA 50309 since 24 January 2019 and is currently estimated at $296,894, approximately $233 per square foot. This property was built in 2002. 118 Water St Unit 325 is a home located in Polk County with nearby schools including Walnut Street School, Callanan Middle School, and Roosevelt High School.

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.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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