NOT LISTED FOR SALE

Whiteline Lofts 120 SW 5th St Unit 501 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated Value: $271,000 - $297,000

1 Bed
1 Bath
1,053 Sq Ft
$270/Sq Ft Est. Value

Last Sold January 22, 2016

Last sale price $187,000 $178 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,410/month

64 Days on Market

Highlights

  • Fitness Center
  • Forced Air Heating and Cooling System
  • Dining Area
  • Gated Community

About This Home

As of January 2016

If you're thinking of moving downtown, here's your opportunity! Fantastic downtown location with amazing views of our city at the Whiteline Lofts. Spacious and open SW corner loft with floor to ceiling windows. Across from Science Center and just blocks from Court Avenue, Principal Park, Des Moines Riverwalk, walking trails with access to Gray's Lake. Leave your car here and walk to work . Walk to your new grocery store. Association dues include heat, water, and air, radiant floor heat, DirecTV, high speed internet, trash, fitness center, roof top balcony and onsite management. Tax Abatement through 2016. Parking spot $30.00/month

Last Agent to Sell the Property

Jennifer Farrell

RE/MAX Concepts Listed on: 11/19/2015

RE/MAX Concepts

Last Buyer's Agent

Mark Harms

Iowa Realty Waukee

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $576

Year Built

  • Built in 1913

HOA Fees

  • $474 Monthly HOA Fees

Parking

  • Driveway

Interior Spaces

  • 1,053 Sq Ft Home
  • Dining Area

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02002740037000

Community Details

Overview

  • Terrus Real Estate Group Association, Phone Number (515) 471-4000

Recreation

  • Fitness Center

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$576

Year Built

Built in 1913

Lot Details

0

HOA Fees

$474 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 180.34
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 177.59
  • Unit: 501
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Drapes/Curtains (Part)
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Dining Room: Dining Areas
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1053
  • Total Sq Ft: 1053

Exterior Features

  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete

Utilities

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

Association/Amenities

  • Amenities: Exercise Room, Gated Community
  • HOA Name: Whiteline Lofts
  • Management Firm: Terrus Real Estate Group
  • Management Firm Phone: 515-471-4000

Condo/Co-op/Association

  • Association Fee: 473.8500
  • 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: 02002740037000
  • Zoning: R

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 576.00
  • Net Taxes: 576.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2015
Closed on
Jan 15, 2016
Sold by
Stroh Corporation Inc
Bought by
Matter Scott
Seller's Agent
Jennifer Farrell
RE/MAX Concepts
Buyer's Agent
Mark Harms
Iowa Realty Waukee
List Price
$189,900
Sold Price
$187,000
Premium/Discount to List
-$2,900
-1.53%
Total Days on Market
64
Current Estimated Value
$283,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,821
Avg. Annual Appreciation
4.55%
Source: Public Records

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Range of Values:

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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
Matter Scott $1,865,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stroh Corporation $110,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/22/2016 01/22/16 Sold $187,000 -1.5% $178 / Sq Ft
01/22/2016 01/22/16 Pending -- -- --
11/19/2015 11/19/15 For Sale $189,900 +28.7% $180 / Sq Ft
02/10/2014 02/10/14 Sold $147,500 -1.7% $140 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
07/08/2013 07/08/13 For Sale $150,000 -- $142 / 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 $5,160 $262,300 $11,600 $250,700
2023 $5,548 $262,300 $11,600 $250,700
2022 $5,506 $235,400 $10,400 $225,000
2021 $5,490 $235,400 $10,400 $225,000
2020 $5,704 $220,000 $9,700 $210,300
2019 $5,376 $220,000 $9,700 $210,300
2018 $5,320 $200,000 $8,800 $191,200
2017 $562 $200,000 $8,800 $191,200
2016 $548 $184,000 $8,100 $175,900
2015 $548 $184,000 $8,100 $175,900
2014 $576 $235,900 $9,000 $226,900
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Farrell

    Seller's Agent in 2016

    Jennifer Farrell

    RE/MAX

    (515) 779-7500

    3 in this area

    401 Total Sales

    Jennifer Farrell
    Section Image

  • M

    Buyer's Agent in 2016

    Mark Harms

    Iowa Realty Waukee

  • B.J. Knapp

    Seller's Agent in 2014

    B.J. Knapp

    Iowa Realty Mills Crossing

    (515) 669-5952

    68 in this area

    158 Total Sales

    B.J. Knapp
    Section Image
See All Agents

About Whiteline Lofts

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 508177

Des Moines Area Association of REALTORS®

APN: 020-02740037000

Iowa Polk County Des Moines 50309 Downtown Des Moines

120 SW 5th St Unit 501, Des Moines, IA

This home is located at 120 SW 5th St Unit 501, Des Moines, IA 50309 since 19 November 2015 and is currently estimated at $283,821, approximately $269 per square foot. This property was built in 1913. 120 SW 5th St Unit 501 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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