NOT LISTED FOR SALE

400 E Locust St Unit 309 Des Moines, IA 50309

East Village Neighborhood

Estimated Value: $261,000 - $502,000

2 Beds
2 Baths
1,295 Sq Ft
$255/Sq Ft Est. Value

Last Sold July 25, 2018

Last sale price $310,000 $239 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,633/month

35 Days on Market

Highlights

  • Gated Community
  • Wood Flooring
  • Patio
  • Contemporary Architecture
  • Main Floor Primary Bedroom
  • 5-minute walk to The People's Plaza

About This Home

As of July 2018

Located in the vibrant, urban neighborhood of East Village, this spacious top floor SOHO loft offers a contemporary urban lifestyle with 2 bedrooms, 2 full baths and a secured underground heated parking space (with the option to buy a 2nd garage space if needed.) The large windows throughout this end unit home provide views in three directions of the charming and growing downtown neighborhood, including the iconic view of the state capitol from the master bedroom. The open floor plan has 10-foot high ceilings, a cozy corner fireplace in the living area, granite countertops and stylish pendant lighting in the kitchen, granite tile floors in the foyer and bathrooms, and brand new modern flooring throughout the unit (added new since photos were taken). The large master bedroom includes 2 custom built-in armoires with drawers, in addition to a large dressing area with 2 closets just off the master bath. This loft has been updated with new finishes and neutral colors with white trim.

Last Agent to Sell the Property

Lisa Howard

LPT Realty, LLC Listed on: 06/18/2018

LPT Realty, LLC

Last Buyer's Agent

Sherry Sadler

RE/MAX Concepts

RE/MAX Concepts

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,223

Year Built

  • Built in 2005

HOA Fees

  • $466 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Rubber Roof

Interior Spaces

  • 1,295 Sq Ft Home
  • Electric Fireplace
  • Dining Area
  • Wood Flooring
  • Partial Basement
  • Home Security System

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 04004251030000

Community Details

Overview

  • Terrus Real Estate Group Association, Phone Number (515) 822-4662
  • The community has rules related to renting

Amenities

  • Community Storage Space

Recreation

  • Snow Removal

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,223

Year Built

Built in 2005

Lot Details

0

HOA Fees

$466 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Architecture: Contemporary
  • Lp Amt Sq Ft: 220.08
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 239.38
  • Unit: 309
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: Electric
  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry, Hardwood Floors, Security System, Smoke Detector
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Basement Description: Partial
  • Dining Room: Dining Areas
  • Other Rooms: Pantry
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1295
  • Total Sq Ft: 1295

Exterior Features

  • Exterior: Brick
  • Exterior Features: Open Patio
  • Foundation: Concrete Block
  • Roof: Rubber
  • Street Feature: Asphalt

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Attached

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: Extra Storage, Gated Community, Pet Restrictions, Rent Restrictions, Snow Removal
  • HOA Name: SOHO HOA
  • Management Firm: Terrus Real Estate Group
  • Management Firm Phone: 515-822-4662

Condo/Co-op/Association

  • Association Fee: 466.0000
  • 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: 04004251030000
  • Zoning: C-3B

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 5223.00
  • Net Taxes: 5223.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2018
Closed on
Jul 20, 2018
Sold by
Tezak Mark R and Tezak Laurie Ann
Bought by
Welborn Robert L
Seller's Agent
Lisa Howard
LPT Realty, LLC
Buyer's Agent
Sherry Sadler
RE/MAX Concepts
List Price
$285,000
Sold Price
$310,000
Premium/Discount to List
$25,000
8.77%
Current Estimated Value
$329,912

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,912
Avg. Annual Appreciation
-0.96%
Original Mortgage
$248,000
Outstanding Balance
$218,043
Interest Rate
4.6%
Mortgage Type
Commercial
Estimated Equity
$71,184

Purchase Details

Closed on
Mar 15, 2006
Sold by
East Village Partners Llc
Bought by
Tezak Mark R

Purchase Details

Closed on
Nov 15, 2005
Sold by
East Village Partners Llc
Bought by
Tezak Mark R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,897
Interest Rate
6.13%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Welborn Robert L $310,000 None Available
Tezak Mark R -- None Available
Tezak Mark R $253,500 Itc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welborn Robert L $248,000
Previous Owner Tezak Mark R $230,000
Previous Owner Tezak Mark R $202,897
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2018 07/25/18 Sold $310,000 +8.8% $239 / Sq Ft
07/23/2018 07/23/18 Pending -- -- --
06/18/2018 06/18/18 For Sale $285,000 -- $220 / 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 $5,100 $259,200 $0 $259,200
2023 $5,484 $259,200 $0 $259,200
2022 $5,442 $232,700 $0 $232,700
2021 $5,428 $232,700 $0 $232,700
2020 $5,638 $217,500 $0 $217,500
2019 $5,314 $217,500 $0 $217,500
2018 $5,260 $197,700 $0 $197,700
2017 $5,222 $197,700 $0 $197,700
2016 $5,088 $193,100 $0 $193,100
2015 $5,088 $193,100 $0 $193,100
2014 $4,910 $184,800 $0 $184,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lisa Howard

    LPT Realty, LLC

    (515) 490-6454

    7 in this area

    33 Total Sales

    Lisa Howard
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 563535

Des Moines Area Association of REALTORS®

APN: 040-04251030000

Iowa Polk County Des Moines 50309 East Village

400 E Locust St Unit 309, Des Moines, IA

This home is located at 400 E Locust St Unit 309, Des Moines, IA 50309 since 18 June 2018 and is currently estimated at $329,912, approximately $254 per square foot. This property was built in 2005. 400 E Locust St Unit 309 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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