NOT LISTED FOR SALE

Estimated Value: $262,000 - $329,000

1 Bed
1 Bath
1,248 Sq Ft
$236/Sq Ft Est. Value

Last Sold April 19, 2021

Last sale price $250,000 $200 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,322/month

91 Days on Market

Highlights

  • Fitness Center
  • Main Floor Primary Bedroom
  • Patio
  • Contemporary Architecture
  • Eat-In Kitchen
  • 4-minute walk to The People's Plaza

About This Home

As of April 2021

East Village loft living at its finest. All your favorite shops and restaurants literally right outside your door. Fully furnished with Queen-sized bed, furniture, grill, and big-screen TVs. It boasts an impressive layout with large living areas and 1250 square feet of living space. 12-foot ceilings, big windows, hardwood flooring, and views of the downtown Des Moines skyline. The kitchen features a breakfast bar, modern cabinets, polished concrete countertops, stainless steel appliances and in-unit laundry. Secured building with private entrance and elevator. The fitness center is located on the second floor.

Year-long lease minimum. No smoking allowed. Small pets allowed with prior approval and additional deposit.

Last Agent to Sell the Property

Brett Fine

RE/MAX Concepts Listed on: 01/15/2021

RE/MAX Concepts

Last Buyer's Agent

OUTSIDE AGENT

OTHER

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2008

HOA Fees

  • $262 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Contemporary Architecture
  • Block Foundation
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • 1,248 Sq Ft Home
  • Dining Area
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 04001710015000

Community Details

Overview

  • Terrus Real Estate Group Association, Phone Number (515) 471-4428
  • The community has rules related to renting

Recreation

  • Fitness Center
  • Snow Removal

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2008

Lot Details

0

HOA Fees

$262 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Architecture: Contemporary
  • Lp Amt Sq Ft: 220.35
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 200.32
  • Unit: 401
  • Year Built: 2008
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, Security System, Smoke Detector
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Slab
  • Dining Room: Dining Areas, Eat In Kitchen
  • Included Items: Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1248
  • Total Sq Ft: 1248

Exterior Features

  • Exterior Features: Open Patio
  • Foundation: Concrete Block
  • Roof: Rubber
  • Street Feature: Asphalt, Public Sidewalk
  • Trim: Maple

Garage/Parking

  • Driveway: Concrete

Utilities

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

Association/Amenities

  • Amenities: Exercise Room, Pet Restrictions, Rent Restrictions, Snow Removal
  • HOA Name: E5W Lofts
  • Management Firm: Terrus Real Estate Group
  • Management Firm Phone: 515-471-4428

Condo/Co-op/Association

  • Association Fee: 262.0000
  • 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: 04001710015000
  • Zoning: CB

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 6990.00
  • Net Taxes: 6990.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2021
Sold by
Benjamin Bjerke
Bought by
Multiverse Properties Llc
Current Estimated Value
$294,602

Purchase Details

Listed on
Jan 15, 2021
Closed on
Apr 9, 2021
Sold by
Grambart Sean and Grambart Sheila
Bought by
Bjerke Benjamin
Seller's Agent
Brett Fine
RE/MAX Concepts
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.52%
Original Mortgage
$187,500
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2019
Closed on
Aug 15, 2019
Sold by
Howard Holding Llc
Bought by
Grambart Sean and Grambart Sheila
Seller's Agent
Lisa Howard
LPT Realty, LLC
Buyer's Agent
Brett Fine
RE/MAX Concepts
List Price
$260,000
Sold Price
$250,000
Premium/Discount to List
-$10,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.00%
Original Mortgage
$200,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 27, 2010
Sold by
E5w L L C
Bought by
St Investments L L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,200
Interest Rate
4.36%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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
Multiverse Properties Llc -- None Listed On Document
Bjerke Benjamin $250,000 None Available
Grambart Sean $250,000 None Available
St Investments L L C $255,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bjerke Benjamin $187,500
Previous Owner Grambart Sean $197,200
Previous Owner Grambart Sean $200,000
Previous Owner Howard Holdings Llc $200,000
Previous Owner St Investments L L C $227,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Off Market $1,700 -- --
03/05/2025 03/05/25 For Rent $1,700 0.0% --
04/19/2021 04/19/21 Sold $250,000 -9.1% $200 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $275,000 +10.0% $220 / Sq Ft
08/19/2019 08/19/19 Sold $250,000 -3.8% $200 / Sq Ft
08/19/2019 08/19/19 Pending -- -- --
04/19/2019 04/19/19 For Sale $260,000 -- $208 / 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 $5,460 $277,500 $6,300 $271,200
2023 $6,672 $277,500 $6,300 $271,200
2022 $6,622 $283,100 $5,700 $277,400
2021 $6,728 $283,100 $5,700 $277,400
2020 $6,990 $269,600 $5,400 $264,200
2019 $7,246 $269,600 $5,400 $264,200
2018 $7,172 $269,600 $5,400 $264,200
2017 $7,094 $269,600 $5,400 $264,200
2016 $6,912 $262,300 $5,300 $257,000
2015 $6,912 $262,300 $5,300 $257,000
2014 $2,024 $275,300 $5,600 $269,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 620728

Des Moines Area Association of REALTORS®

APN: 040-01710015000