NOT LISTED FOR SALE

Estimated Value: $584,000 - $646,000

3 Beds
2.5 Baths
2,088 Sq Ft
$294/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $470,000 $225 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,863/month

97 Days on Market

Highlights

  • Wood Flooring
  • Sun or Florida Room
  • Covered patio or porch
  • Modern Architecture
  • Wine Refrigerator
  • 4-minute walk to Robert D. Ray Asian Garden

About This Home

As of August 2020

LOWEST PRICED property at THE BANKS @ BRIDGE DISTRICT NEIGHBORHOOD. When all of the other homes on the block are selling for $60K-$300K more.... you know you need to look twice at this gem. Barely lived in, this turn-key 3 bedroom townhome has a four-season flex room with wet bar on the rooftop, a sky-lounge, pergola, 2 car attached garage all on a quiet street on the river, just 2 blocks from the center of the East Village. Options to-buy the home FULLY-FURNISHED & DECORATED? YES! (see agent for details). What an investment opportunity! Outrageous pricing, coupled with the added tax abatement savings & historically low interest rates. If you have been thinking about trying out downtown living, now is the time.

Last Listed By

Darla Willett-Rohrssen

Iowa Realty Mills Crossing Listed on: 05/01/2020

Iowa Realty Mills Crossing

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,083

Year Built

  • Built in 2017

Lot Details

  • 1,081 Sq Ft Lot
  • Aluminum or Metal Fence
  • Irrigation

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof
  • Metal Siding
  • Cement Board or Planked

Interior Spaces

  • 2,088 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Shades
  • Family Room
  • Dining Area
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher
  • Wine Refrigerator

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Covered patio or porch

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 04000245015000

Community Details

Overview

  • Hubbell Communities Association
  • Built by Hubbell Homes

Recreation

  • Snow Removal

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,083

Year Built

Built in 2017

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Two Story
  • Architecture: Modern
  • Homebuilder: Hubbell Homes
  • Lp Amt Sq Ft: 229.89
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 225.10
  • Termite: Follow Showing Instructions
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: 2nd Flr Laundry, Carpeting, Hardwood Floors, Shades/Shutters, Smoke Detector, Tile Floors, Wet Bar
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • Second 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: 4 Season
  • Included Items: Dishwasher, Dryer, Stove, Washer, Wine Fridge
  • Living Area Sq Ft: 2088
  • Total Sq Ft: 2088

Exterior Features

  • Exterior: Brick, Cement Board, Metal Siding
  • Exterior Features: Covered Patio, Irrigation
  • Fence Type: Iron
  • Roof: Rubber
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage Sq Ft: 438
  • Garage: 2 Attached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas
  • Services: Lawn Care, Snow Removal

Association/Amenities

  • Amenities: Snow Removal
  • HOA Name: Bridge District Townhomes
  • Management Firm: Hubbell Communities

Condo/Co-op/Association

  • Association Fee: 200.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.0250
  • Lot S F: 1081
  • Assessor Parcel Number: 04000245015000
  • Zoning: D-R

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1083.00
  • Net Taxes: 1083.00
  • Tax Year: 2020

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Aug 6, 2020
Sold by
Arnold Scott A and Arnold Stacy
Bought by
Price Alexander and Oster Meghan
Seller's Agent
Darla Willett-Rohrssen
Iowa Realty Mills Crossing
Buyer's Agent
Hilary Tetrick
RE/MAX Precision
List Price
$500,000
Sold Price
$470,000
Premium/Discount to List
-$30,000
-6%
Total Days on Market
97
Current Estimated Value
$612,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,945
Avg. Annual Appreciation
5.69%
Original Mortgage
$446,500
Outstanding Balance
$401,182
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$211,763

Purchase Details

Listed on
Dec 7, 2018
Closed on
Apr 26, 2019
Sold by
Bridge District Townhomes Llc
Bought by
Arnold Scott A and Arnold Stacy
Seller's Agent
Darla Willett-Rohrssen
Iowa Realty Mills Crossing
Buyer's Agent
Tammy Claiborne
Iowa Realty Ankeny
List Price
$424,120
Sold Price
$428,994
Premium/Discount to List
$4,874
1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$343,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

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Average Value
Not Available
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
Price Alexander $470,000 None Available
Arnold Scott A $429,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Alexander $446,500
Previous Owner Arnold Scott A $343,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2020 08/06/20 Sold $470,000 -6.0% $225 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $500,000 +16.6% $239 / Sq Ft
04/26/2019 04/26/19 Sold $428,994 +1.1% $204 / Sq Ft
04/26/2019 04/26/19 Pending -- -- --
12/07/2018 12/07/18 For Sale $424,120 -- $201 / 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 $2,784 $151,980 $58,880 $93,100
2023 $1,570 $527,600 $71,500 $456,100
2022 $1,556 $451,100 $63,100 $388,000
2021 $1,078 $451,100 $63,100 $388,000
2020 $1,078 $426,100 $63,100 $363,000
2019 $1,988 $285,900 $50,400 $235,500
2018 $410 $74,000 $52,000 $22,000
2017 $418 $15,430 $15,430 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 604300

Des Moines Area Association of REALTORS®

APN: 04000245015000