$270,000
SOLD OCT 31, 2025

400 SW 7th St Unit 105 Des Moines, IA 50309

Downtown Des Moines Neighborhood
2 Beds
2 Baths
1,064 Sq Ft
$408/mo HOA Fee

Recently Sold

$254 Per Sq Ft

10% Below List Price

164 Days on Market

Highlights

  • Patio
  • Forced Air Heating and Cooling System
  • Carpet
  • Security Service

About This Home

As of October 2025

Welcome to downtown Des Moines' newest condo community priced below assessed value and tax abated for 5 more years! Don’t miss this 2-bedroom, 2 bathroom downtown condo with low HOA dues, and a zero entry attached garage with plenty of storage! This rare corner unit offers spacious one level living, an oversized kitchen island, stainless steel appliances, a gas range, and abundant natural light. Enjoy LVP flooring, a mudroom/drop zone, a dedicated laundry room and with stunning downtown views. The primary suite features double sinks and a walk-in closet, while the open living and dining areas are perfect for entertaining. With a ground-level entrance and patio, plus convenient access to Downtown, Gray’s Lake, Principal Park, and bike trails, this like-new condo has it all. Schedule your showing today!

Last Agent to Sell the Property

Tony Sly

Keller Williams Realty GDM Listed on: 01/27/2025

Keller Williams Realty GDM

Co-Listed By

Angie Sly

Keller Williams Realty GDM

Last Buyer's Agent

Martha Miller Johnson

RE/MAX Concepts

RE/MAX Concepts

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $529

Year Built

  • Built in 2020

HOA Fees

  • $408 Monthly HOA Fees

Home Design

  • 1,064 Sq Ft Home
  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof
  • Metal Siding

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02001010005005

Community Details

Overview

  • Edison Condominium Assoc. Association, Phone Number (515) 243-3228
  • Built by Hubbell Realty

Recreation

  • Snow Removal

Security

  • Security Service
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$529

Year Built

Built in 2020

Lot Details

0

HOA Fees

$408 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Homebuilder: Hubbell Realty
  • Lp Amt Sq Ft: 258.46
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 253.76
  • Termite: Follow Showing Instructions
  • Unit: 105
  • Year Built: 2020
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, Cable TV, Carpeting, See Remarks, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Slab
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1064
  • Total Sq Ft: 1064

Exterior Features

  • Exterior: Brick, Metal Siding
  • Exterior Features: Open Patio
  • Foundation: Poured
  • Roof: Rubber
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 408.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Association/Amenities

  • HOA Name: Hubbell Management
  • Management Firm: Edison Condominium Assoc.
  • Management Firm Phone: (515) 243-3228

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: 02001010005005
  • Zoning: DX2

Rental Info

  • Rent Restriction Description: Does allow rentals, 3 mo. minimum. Currently at capacity which is 25%. See Rules & Regulations attached.

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 529.00
  • Net Taxes: 529.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Aug 13, 2021
Sold by
Sw7 Flats Llc
Bought by
Grace Patrick and Grace Alyssa
Seller's Agent
B.J. Knapp
Iowa Realty Mills Crossing
Buyer's Agent
Jenna Lago
Realty ONE Group Impact
List Price
$245,000
Sold Price
$270,000
Premium/Discount to List
$25,000
10.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.78%
Original Mortgage
$216,000
Outstanding Balance
$195,816
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$83,116
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 Type Sale Price Title Company
Warranty Deed $270,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $216,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2025 10/31/25 Sold $270,000 -1.8% $254 / Sq Ft
07/10/2025 07/10/25 Pending -- -- --
06/13/2025 06/13/25 Price Changed $275,000 -3.5% $258 / Sq Ft
03/25/2025 03/25/25 Price Changed $285,000 -5.0% $268 / Sq Ft
01/27/2025 01/27/25 For Sale $300,000 +11.1% $282 / Sq Ft
08/13/2021 08/13/21 Sold $270,000 +10.2% $254 / Sq Ft View Prior Sale
08/13/2021 08/13/21 Pending -- -- --
07/16/2020 07/16/20 For Sale $245,000 -- $230 / 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
2025 $516 $316,000 $13,600 $302,400
2024 $516 $285,060 $13,570 $271,490
2023 $516 $296,300 $13,800 $282,500
2022 $236 $266,000 $12,400 $253,600
2021 $218 $266,000 $12,400 $253,600
2020 $218 $19,800 $9,800 $10,000
Source: Public Records

Agents Affiliated with this Home

  • Tony Sly

    Seller's Agent in 2025

    Tony Sly

    Keller Williams Realty GDM

    (515) 202-9859

    3 in this area

    221 Total Sales

    Tony Sly
    Section Image
  • Angie Sly

    Seller Co-Listing Agent in 2025

    Angie Sly

    Keller Williams Realty GDM

    (515) 202-0682

    1 in this area

    157 Total Sales

    Angie Sly
    Section Image
  • Martha Miller Johnson

    Buyer's Agent in 2025

    Martha Miller Johnson

    RE/MAX

    (515) 480-1583

    6 in this area

    114 Total Sales

    Martha Miller Johnson
    Section Image
  • B.J. Knapp

    Seller's Agent in 2021

    B.J. Knapp

    Iowa Realty Mills Crossing

    (515) 669-5952

    68 in this area

    157 Total Sales

    B.J. Knapp
    Section Image
  • Randy Kramer

    Seller Co-Listing Agent in 2021

    Randy Kramer

    Iowa Realty Mills Crossing

    (515) 240-8418

    36 in this area

    86 Total Sales

    Randy Kramer
    Section Image
  • Jenna Lago

    Buyer's Agent in 2021

    Jenna Lago

    Realty ONE Group Impact

    (515) 954-5734

    1 in this area

    215 Total Sales

    Jenna Lago
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 710567

Des Moines Area Association of REALTORS®

APN: 020/01010-005-005

Iowa Polk County Des Moines 50309 Downtown Des Moines

400 SW 7th St Unit 105, Des Moines, IA

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