NOT LISTED FOR SALE

118 Water St Unit 424 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated Value: $284,108 - $340,000

2 Beds
2 Baths
1,273 Sq Ft
$243/Sq Ft Est. Value

Last Sold June 19, 2014

Last sale price $208,500 $164 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,395/month

78 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of June 2014

Choice location close to ALL amenities...retail, shopping, Medical, restaurants & Interstate access. A great opportunity to live downtown. This top floor loft condo with its balcony which has a panoramic view of the river and the downtown skyline. This is an opportunity you will not want to miss. It is a 2 bedroom and 2 bath condo with Stainless Steel appliances, granite, PLUS a Tax Abatement until the year 2015. Also it comes with 1 parking space. Don't miss out on this one. Better than rent.

Last Agent to Sell the Property

Eric Quiner

RE/MAX Precision Listed on: 04/02/2014

RE/MAX Precision

Last Buyer's Agent

Lucrezia Moore

Iowa Realty Mills Crossing

Iowa Realty Mills Crossing

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,528

Year Built

  • Built in 2002

HOA Fees

  • $332 Monthly HOA Fees

Home Design

  • 1,273 Sq Ft Home
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Knapp Properties Association

Listing and Financial Details

  • Assessor Parcel Number 02002694033000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,528

Year Built

Built in 2002

Lot Details

0

HOA Fees

$332 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 173.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 164.00
  • Unit: 424
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Dining Room: Eat In Kitchen
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1273
  • Total Sq Ft: 1273

Exterior Features

  • Exterior: Brick
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Attached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: 332.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Association/Amenities

  • HOA Name: Water Street
  • Management Firm: Knapp Properties

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: 02002694033000
  • Zoning: DR

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Assessor Parcel Number: 118WATERST424POLKDESMOINE50309
  • Tax Year: 2014

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2005
Sold by
Ranallo Anthony
Bought by
Mardis Lecroy Matthew and Mardis Lecroy Mary Beth
Current Estimated Value
$309,527

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,500
Interest Rate
5.89%
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
Mardis Lecroy Matthew $234,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morain Michael T $198,075
Closed Mardis Lecroy Matthew $23,500
Closed Mardis Lecroy Matthew $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2014 06/19/14 Sold $208,500 -5.2% $164 / Sq Ft
06/19/2014 06/19/14 Pending -- -- --
04/02/2014 04/02/14 For Sale $219,900 -- $173 / 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 $4,528 $240,600 $13,500 $227,100
2023 $4,882 $240,600 $13,500 $227,100
2022 $4,842 $216,000 $12,100 $203,900
2021 $5,342 $216,000 $12,100 $203,900
2020 $5,546 $222,700 $12,500 $210,200
2019 $5,076 $222,700 $12,500 $210,200
2018 $5,020 $197,400 $11,800 $185,600
2017 $4,662 $197,400 $11,800 $185,600
2016 $4,538 $180,900 $10,800 $170,100
2015 $4,538 $180,900 $10,800 $170,100
2014 $2 $183,700 $11,000 $172,700
Source: Public Records

Agents Affiliated with this Home

  • Eric Quiner

    Seller's Agent in 2014

    Eric Quiner

    RE/MAX

    (515) 710-5468

    218 Total Sales

    Section Image
  • Lucrezia Moore

    Buyer's Agent in 2014

    Lucrezia Moore

    Iowa Realty Mills Crossing

    (515) 710-1247

    1 in this area

    132 Total Sales

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 432957

Des Moines Area Association of REALTORS®

APN: 020-02694033000

Iowa Polk County Des Moines 50309 Downtown Des Moines

118 Water St Unit 424, Des Moines, IA

This home is located at 118 Water St Unit 424, Des Moines, IA 50309 since 02 April 2014 and is currently estimated at $309,527, approximately $243 per square foot. This property was built in 2002. 118 Water St Unit 424 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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