NOT LISTED FOR SALE

309 E 5th St Unit 307 Des Moines, IA 50309

East Village Neighborhood

Estimated Value: $218,000 - $233,124

1 Bed
1 Bath
947 Sq Ft
$239/Sq Ft Est. Value

Last Sold December 01, 2022

Last sale price $210,000 $222 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,793/month

10 Days on Market

Highlights

  • Fitness Center
  • Main Floor Primary Bedroom
  • Forced Air Heating and Cooling System
  • Contemporary Architecture
  • Home Gym
  • 4-minute walk to The People's Plaza

About This Home

As of December 2022

In the heart of it all this spacious condo is just steps away from entertainment, restaurants, and all the fantastic East Village boutiques; if you're in search of downtown living this location can't be beat. As you enter the condo you are greeted with large windows that flood the space with natural light and a view of the Iowa State Capitol. The open concept floor-plan has living, dining and kitchen flowing together making it ideal for hosting get togethers. A balcony is located just off the main living area. The primary bedroom has a large floor to ceiling closet and is attached to the full bathroom. A stackable washer and dryer are also included within the unit. HOA fees for e5w are some of the lowest in Downtown Des Moines. Some amenities include a fitness center, bike storage and building maintenance. This condo also includes one parking spot. This condo could make a fantastic investment property as well as long-term leases are permitted. Don't miss the chance to enjoy downtown living! All information obtained from seller and public records.

Last Agent to Sell the Property

Sara Hopkins

RE/MAX Precision Listed on: 10/11/2022

RE/MAX Precision

Last Buyer's Agent

Sarah Buller

RE/MAX Precision

RE/MAX Precision

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,116

Year Built

  • Built in 2008

HOA Fees

  • $203 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 947 Sq Ft Home
  • Home Gym

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Home Security

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 04001710011000

Community Details

Overview

  • Terrus Real Estate Association, Phone Number (515) 471-4317

Recreation

  • Fitness Center
  • Snow Removal

Pet Policy

  • Breed Restrictions

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,116

Year Built

Built in 2008

Lot Details

0

HOA Fees

$203 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Architecture: Contemporary
  • Lp Amt Sq Ft: 237.59
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 221.75
  • Termite: Follow Showing Instructions
  • Unit: 307
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Fire Alarm, Smoke Detector
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Other Rooms: Exercise Room
  • Included Items: Dishwasher, Refrigerator, Stove
  • Living Area Sq Ft: 947
  • Total Sq Ft: 947

Exterior Features

  • Exterior: Brick
  • Foundation: Poured
  • Roof: Rubber
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Electric Forced Air
  • Services: Exterior Maint./Bldg., Insurance, Snow Removal

Association/Amenities

  • Amenities: Exercise Room, Pet Restrictions
  • HOA Name: E5W HOA
  • Management Firm: Terrus Real Estate
  • Management Firm Phone: 515-471-4317

Condo/Co-op/Association

  • Association Fee: 202.9600
  • 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: 04001710011000
  • Zoning: DX2

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 5116.00
  • Net Taxes: 5116.00
  • Tax Year: 2020

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2022
Closed on
Nov 29, 2022
Sold by
Manatt Investment Limited Partnership
Bought by
Jones Thomas and Jones Rebekah
Seller's Agent
Sara Hopkins
RE/MAX Precision
Buyer's Agent
Sarah Buller
RE/MAX Precision
List Price
$225,000
Sold Price
$210,000
Premium/Discount to List
-$15,000
-6.67%
Views
17
Current Estimated Value
$226,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,781
Avg. Annual Appreciation
2.97%
Original Mortgage
$199,500
Outstanding Balance
$191,600
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$36,422

Purchase Details

Closed on
Jun 17, 2014
Sold by
E5w Llc
Bought by
Manatt Investment Lp
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
Jones Thomas $210,000 --
Manatt Investment Lp $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Thomas $199,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2022 12/01/22 Sold $210,000 -6.7% $222 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
10/11/2022 10/11/22 For Sale $225,000 -- $238 / 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 $4,716 $239,700 $4,900 $234,800
2023 $5,072 $239,700 $4,900 $234,800
2022 $5,034 $215,200 $4,400 $210,800
2021 $5,116 $215,200 $4,400 $210,800
2020 $5,314 $205,000 $4,200 $200,800
2019 $5,510 $205,000 $4,200 $200,800
2018 $5,454 $205,000 $4,200 $200,800
2017 $5,394 $205,000 $4,200 $200,800
2016 $5,254 $199,400 $4,100 $195,300
2015 $5,254 $199,400 $4,100 $195,300
2014 $1,862 $209,200 $4,300 $204,900
Source: Public Records

Agents Affiliated with this Home

  • Sara Hopkins

    Seller's Agent in 2022

    Sara Hopkins

    RE/MAX

    (515) 710-6030

    4 in this area

    609 Total Sales

    Sara Hopkins
    Section Image
  • Sarah Buller

    Buyer's Agent in 2022

    Sarah Buller

    RE/MAX

    (515) 238-1352

    1 in this area

    68 Total Sales

    Sarah Buller
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 661810

Des Moines Area Association of REALTORS®

APN: 040-01710011000

Iowa Polk County Des Moines 50309 East Village

309 E 5th St Unit 307, Des Moines, IA

This home is located at 309 E 5th St Unit 307, Des Moines, IA 50309 since 11 October 2022 and is currently estimated at $226,781, approximately $239 per square foot. This property was built in 2008. 309 E 5th St Unit 307 is a home located in Polk County with nearby schools including Carver Elementary School, Hiatt Middle School, and East 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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