NOT LISTED FOR SALE

118 Water St Unit 423 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated Value: $587,575 - $737,000

3 Beds
2.5 Baths
2,335 Sq Ft
$286/Sq Ft Est. Value

Last Sold August 01, 2019

Last sale price $535,000 $229 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,223/month

126 Days on Market

Highlights

  • Ranch Style House
  • Mud Room
  • Shades
  • Wood Flooring
  • Den
  • Eat-In Kitchen

About This Home

As of August 2019

You’re sure to love this remarkable Waterstreet Brownstone overlooking the Des Moines River & Capital! Walking into this loft you’ll find a spacious, open concept floor plan with over 2,300+ square feet which includes 3 bedrooms & 3 baths! Large windows flood the living space w/tons of natural light & scenic views. The kitchen is equipped w/cherry cabinets, granite counter tops, stainless steel appliances, & a 2 tiered breakfast bar. Off the kitchen you’ll find the first BR/den, featuring French doors w/access to one of two balconies. The master suite features a large walk-in closet, & updated MBA w/double vanity. Easy access w/two entrances, one at the front door & the other off the mudroom, unique grass wall paper treatment at the entry, two car tandem parking spots, two balconies & living close to all Des Moines has to offer- the Farmers Market, Civic Center, Principal Park & more. Don’t miss out!

Last Agent to Sell the Property

Beth Ernst

Keller Williams Realty GDM Listed on: 03/28/2019

Keller Williams Realty GDM

Last Buyer's Agent

Carolyn Lynner

Iowa Realty Beaverdale

Iowa Realty Beaverdale

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,386

Year Built

  • Built in 2002

HOA Fees

  • $720 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,335 Sq Ft Home
  • Shades
  • Drapes & Rods
  • Mud Room
  • Family Room
  • Dining Area
  • Den

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 02002694032000

Community Details

Overview

  • Knapp Properties Association, Phone Number (515) 222-5206

Recreation

  • Snow Removal

Security

  • Security Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,386

Year Built

Built in 2002

Lot Details

0

HOA Fees

$720 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Ranch
  • Lp Amt Sq Ft: 239.79
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 229.12
  • Termite: Follow Showing Instructions
  • Unit: 423
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, Carpeting, Drapes/Curtains, Hardwood Floors, Shades/Shutters, Tile Floors
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Basement Description: Slab
  • Dining Room: Dining Areas, Eat In Kitchen
  • Family Room: 1st Floor
  • Other Rooms: Mud Room, Study
  • Included Items: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 2335
  • Total Sq Ft: 2335

Exterior Features

  • Exterior: Brick, Stucco
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Attached
  • Garage Parking Stalls: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: 720.3600
  • Association Fee Term: Month
  • Association Fee: Yes

Association/Amenities

  • HOA Name: Water Street Brownstone HOA
  • Management Firm: Knapp Properties
  • Management Firm Phone: 5152225206

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: 02002694032000
  • Zoning: D-R

Rental Info

  • Rent Restriction Description: Max 3 rentals at one time in project. 40 pound max weight limit on pets. Please independently verify this information.

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 11385.97
  • Net Taxes: 11154.00
  • Tax Year: 2019

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2019
Closed on
Jul 31, 2019
Sold by
Hodges Richard T
Bought by
Mansfield Edward M and Hall Mansfield Elizabeth
Seller's Agent
Beth Ernst
Keller Williams Realty GDM
Buyer's Agent
Carolyn Lynner
Iowa Realty Beaverdale
List Price
$559,900
Sold Price
$535,000
Premium/Discount to List
-$24,900
-4.45%
Current Estimated Value
$666,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,894
Avg. Annual Appreciation
3.11%

Purchase Details

Listed on
Feb 24, 2014
Closed on
Apr 17, 2014
Sold by
Mosher John E and Mosher Nora M
Bought by
Wingert Kevin R and Wingert Lisa D
Seller's Agent
Lucrezia Moore
Iowa Realty Mills Crossing
Buyer's Agent
Bradley Johnson
Keller Williams Legacy Group
List Price
$449,000
Sold Price
$435,000
Premium/Discount to List
-$14,000
-3.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$235,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 25, 2006
Sold by
Young Eytan and Young Jeffrianne
Bought by
Mosher John and Mosher Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2005
Sold by
Bean Michael and Dephillips Diane
Bought by
Young Eytan and Young Jeffrianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 29, 2004
Sold by
Water Street Brownstones Llc
Bought by
Bean Michael E and Dephillips Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Similar Homes in Des Moines, IA

  • 100 Market St Unit 409, Des Moines, IA 50309

    $540,000

    • 2 Beds
    • 2 Baths
    • 1,557 Sq Ft
    • 100 Market St
    • Unit 409
    • Des Moines, IA

    Prime southeast corner of the 1924 Brown Camp Lofts available now.  Amazing opportunity to own one of the only homes in all of downtown with views of four key components of the city: Principal Park baseball field (with fireworks!), the confluence of the Des Moines + Raccoon Rivers (future ICON Water Trails with kayaking + water sports), the Iowa State Capitol + the new 9-acre Two Rivers Park

    Darla Willett-Rohrssen Iowa Realty Mills Crossing

    Section Image
  • 300 Walnut St Unit 2503, Des Moines, IA 50309

    $570,000

    • 1 Bed
    • 2 Baths
    • 1,951 Sq Ft
    • 300 Walnut St
    • Unit 2503
    • Des Moines, IA

    Looking for the condo with the best view in Des Moines? Your opportunity has arrived. Welcome to this exquisite corner luxury condo, perfectly situated to offer panoramic city views from not one, but two private balconies. Every Friday night, enjoy the spectacle of fireworks from the comfort of your own home as you overlook Principal Park during home game nights. This prime location is within

    Jason Carter RE/MAX Pride

    Section Image
  • 118 E Center St, Des Moines, IA 50309

    $565,000

    • 3 Beds
    • 2.5 Baths
    • 2,088 Sq Ft
    • 118 E Center St
    • Des Moines, IA

    Park-side property available FULLY FURNISHED in an UNPARALLELED LOCATION !! Seller was one of the first to reserve a parcel at The Banks neighborhood & he chose well! This prime piece of real estate overlooks the DSM River, downtown skyline & the neighborhood community space. This 6-plex is the only building at The Banks that has an extra foot of ceiling height on the 2nd floor, 8' doors, a

    Darla Willett-Rohrssen Iowa Realty Mills Crossing

    Section Image
  • 804 E 2nd St, Des Moines, IA 50309

    $824,000

    • 3 Beds
    • 2.5 Baths
    • 2,640 Sq Ft
    • 804 E 2nd St
    • Des Moines, IA

    Experience luxury living in this breathtaking 3-story rooftop built in 2023,offering superior, unobstructed views of the downtown skyline, pedestrian bridge, golden Capitol dome,and the dazzling Friday night I-Cubs fireworks. Inside, every detail has been thoughtfully designed forboth elegance and convenience. 3rd Floor has a spacious family room with a cozy fireplace, a wet bar, adedicated

    Mohamed Ali Iowa Realty Mills Crossing

    Section Image
  • 812 E 2nd St, Des Moines, IA 50309

    $568,990

    • 3 Beds
    • 2.5 Baths
    • 2,296 Sq Ft
    • 812 E 2nd St
    • Des Moines, IA

    *TAX ABATEMENT ELIGIBLE* MOVE IN READY - Located along the pristine waters of the Des Moines River lies our downtown community, The Banks. When you choose to purchase a home at The Banks, you are choosing a life of urban excellence without losing out on a spacious home interior that you have always desired. The Azure plan showcases modern, designer detail at every turn. The open-concept main

    Rob Burditt Hubbell Homes of Iowa, LLC

    Section Image
  • 820 E 2nd St, Des Moines, IA 50309

    $673,500

    • 3 Beds
    • 2.5 Baths
    • 2,660 Sq Ft
    • 820 E 2nd St
    • Des Moines, IA

    *TAX ABATEMENT ELIGIBLE* MOVE IN READY!! Step into luxury with The Eredine plan by Hubbell Homes—crafted for those who crave modern elegance and urban convenience. A stunning floor-to-ceiling stone fireplace sets the stage for cozy sophistication, while the sleek, chef-inspired kitchen features upgraded GE Profile appliances for a flawless culinary experience.Elevate your lifestyle on the third

    Rob Burditt Hubbell Homes of Iowa, LLC

    Section Image
  • 822 E 2nd St, Des Moines, IA 50309

    $557,500

    • 3 Beds
    • 2.5 Baths
    • 2,296 Sq Ft
    • 822 E 2nd St
    • Des Moines, IA

    *TAX ABATEMENT ELIGIBLE* MOVE-IN-READY! Urban Luxury at The Banks. Step into modern elegance at 822 E 2nd Street, Des Moines—where sophisticated design details meets the unbeatable convenience of downtown living. Nestled in the sought-after Banks community, this townhome places you within walking distance of Historic East Village, the Des Moines Riverwalk, and top attractions like Principal Park

    Rob Burditt Hubbell Homes of Iowa, LLC

    Section Image
  • 824 E 2nd St, Des Moines, IA 50309

    $580,490

    • 3 Beds
    • 2.5 Baths
    • 2,296 Sq Ft
    • 824 E 2nd St
    • Des Moines, IA

    *TAX ABATEMENT ELIGIBLE* MOVE IN READY!! Discover the perfect blend of modern sophistication and spacious comfort at 824 E 2nd Street. Nestled along the pristine waters of the Des Moines River, this stunning townhome in The Banks community offers a lifestyle of urban excellence. Step inside to a floor-to-ceiling tiled fireplace, setting the tone for sleek, contemporary living. The chef-inspired

    Rob Burditt Hubbell Homes of Iowa, LLC

    Section Image
  • 859 E 2nd St, Des Moines, IA 50309

    $629,900

    • 3 Beds
    • 2.5 Baths
    • 2,490 Sq Ft
    • 859 E 2nd St
    • Des Moines, IA

    *TAX ABATEMENT ELIGIBLE* MOVE IN READY!! Step into a designer’s dream home at 859 E. 2nd Street, Des Moines—where modern elegance meets urban convenience. Located in the sought-after Banks community, this townhome offers breathtaking downtown views and effortless access to Historic East Village, the Des Moines Riverwalk, and vibrant nightlife. Inside, the Capri plan is a style masterpiece,

    Rob Burditt Hubbell Homes of Iowa, LLC

    Section Image
See All Homes in Des Moines

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
Mansfield Edward M $535,000 None Available
Wingert Kevin R $435,000 None Available
Mosher John $437,500 None Available
Young Eytan $424,500 --
Bean Michael E $409,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hodges Richard T $50,000
Previous Owner Hodges Richard T $350,000
Previous Owner Wingert Kevin $400,000
Previous Owner Wingert Kevin R $235,000
Previous Owner Mosher John $200,000
Previous Owner Mosher John $250,000
Previous Owner Young Eytan $340,000
Previous Owner Bean Michael E $192,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2019 08/01/19 Sold $535,000 -4.4% $229 / Sq Ft
08/01/2019 08/01/19 Pending -- -- --
03/28/2019 03/28/19 For Sale $559,900 +4.7% $240 / Sq Ft
05/11/2017 05/11/17 Sold $535,000 0.0% $229 / Sq Ft
04/11/2017 04/11/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $535,000 +23.0% $229 / Sq Ft
04/21/2014 04/21/14 Sold $435,000 -3.1% $186 / Sq Ft
03/22/2014 03/22/14 Pending -- -- --
02/24/2014 02/24/14 For Sale $449,000 -- $192 / 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 $9,452 $498,000 $24,500 $473,500
2023 $10,326 $498,000 $24,500 $473,500
2022 $10,246 $447,000 $22,000 $425,000
2021 $11,284 $447,000 $22,000 $425,000
2020 $11,630 $460,800 $22,700 $438,100
2019 $10,406 $460,800 $22,700 $438,100
2018 $10,294 $399,000 $21,400 $377,600
2017 $9,890 $399,000 $21,400 $377,600
2016 $9,636 $365,700 $19,600 $346,100
2015 $9,636 $365,700 $19,600 $346,100
2014 $422 $371,300 $19,900 $351,400
Source: Public Records

Agents Affiliated with this Home

  • Beth Ernst

    Seller's Agent in 2019

    Beth Ernst

    Keller Williams Realty GDM

    (515) 599-7730

    16 in this area

    530 Total Sales

    Beth Ernst
    Section Image
  • Carolyn Lynner

    Buyer's Agent in 2019

    Carolyn Lynner

    Iowa Realty Beaverdale

    (515) 770-6529

    119 Total Sales

    Carolyn Lynner
    Section Image
  • Nancy Johnson

    Seller's Agent in 2017

    Nancy Johnson

    Keller Williams Legacy Group

    (515) 619-8984

    1 Total Sale

    Nancy Johnson
    Section Image

  • S

    Buyer's Agent in 2017

    Steve Seamen

    Keller Williams Realty GDM

  • Lucrezia Moore

    Seller's Agent in 2014

    Lucrezia Moore

    Iowa Realty Mills Crossing

    (515) 710-1247

    1 in this area

    138 Total Sales

    Lucrezia Moore
    Section Image

  • B

    Buyer's Agent in 2014

    Bradley Johnson

    Keller Williams Legacy Group

    (515) 480-4386

    2 in this area

    119 Total Sales

    Bradley Johnson
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 577823

Des Moines Area Association of REALTORS®

APN: 020-02694032000

Iowa Polk County Des Moines 50309 Downtown Des Moines

118 Water St Unit 423, Des Moines, IA

This home is located at 118 Water St Unit 423, Des Moines, IA 50309 since 28 March 2019 and is currently estimated at $666,894, approximately $285 per square foot. This property was built in 2002. 118 Water St Unit 423 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.

Nearby Homes