NOT LISTED FOR SALE

400 SW 7th St Unit 203 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated Value: $229,000 - $245,000

1 Bed
1 Bath
758 Sq Ft
$313/Sq Ft Est. Value

Last Sold May 20, 2021

Last sale price $207,000 $273 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,641/month

308 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Main Floor Primary Bedroom
  • Patio
  • Family Room

About This Home

As of May 2021

Why rent when you can own downtown? Are you an active person always on the run between where you work, live, & play? Ten year tax abatement on this new construction EDISON condominium is made for you! Affordable and unique loft-style 1 BR, 1 BA unit with ample storage, private outdoor balcony space, available parking & W/D hook ups make for the perfect space. Walkable access to great food, entertainment, & outdoor activities. Try to beat this price. The EDISON, it IS a bright idea.

Last Agent to Sell the Property

B.J. Knapp

Iowa Realty Mills Crossing Listed on: 07/16/2020

Iowa Realty Mills Crossing

Co-Listed By

Sara Gaskell

Iowa Realty Mills Crossing

Last Buyer's Agent

Michelle Polder

RE/MAX Concepts

RE/MAX Concepts

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $556

Year Built

  • Built in 2020

Lot Details

  • 697

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof
  • Metal Siding

Interior Spaces

  • 758 Sq Ft Home
  • Family Room
  • Dining Area
  • Eat-In Kitchen
  • Laundry on main level

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02001010005009

Community Details

Overview

  • Hubbell Management Association
  • Built by Hubbell Realty

Recreation

  • Snow Removal

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$556

Year Built

Built in 2020

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Ranch
  • Homebuilder: Hubbell Realty
  • Lp Amt Sq Ft: 262.53
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 273.09
  • Termite: Call Listing Agent
  • Unit: 203
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, Carpeting, Smoke Detector, Vinyl Floors, See Remarks
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Slab
  • Dining Room: Dining Areas, Eat In Kitchen
  • Family Room: 1st Floor
  • Living Area Sq Ft: 758
  • Total Sq Ft: 758

Exterior Features

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

Garage/Parking

  • Driveway: Concrete

Utilities

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

Association/Amenities

  • Amenities: Snow Removal
  • HOA Name: Edison HOA
  • Management Firm: Hubbell Management

Condo/Co-op/Association

  • Association Fee: 275.0000
  • 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: 02001010005009
  • Zoning: C-3A

Multi Family

  • Geo Solar Thermal: No

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
May 20, 2021
Sold by
Sw7 Flats Llc
Bought by
Keuning Chase
Seller's Agent
B.J. Knapp
Iowa Realty Mills Crossing
Buyer's Agent
Michelle Polder
RE/MAX Concepts
List Price
$199,000
Sold Price
$207,000
Premium/Discount to List
$8,000
4.02%
Current Estimated Value
$237,032

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,032
Avg. Annual Appreciation
2.92%
Original Mortgage
$165,600
Outstanding Balance
$142,170
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$90,619
Source: Public Records

Similar Homes in Des Moines, IA

  • 400 SW 7th St Unit 303, Des Moines, IA 50309

    $229,900

    • 1 Bed
    • 1 Bath
    • 758 Sq Ft
    • 400 SW 7th St
    • Unit 303
    • Des Moines, IA

    Enjoy modern, high-end amenities at the Edison Condominiums! This community’s location is key when it comes to enjoying downtown living, specifically because of its prime location and proximity to everything you love! Tax abatement remains ($ HUGE SAVINGS $), low HOA dues, reserved parking spot, window coverings, tiled shower with glass door, extra closet shelving = all included! The kitchen w/

    Megan Hill Mitchum Century 21 Signature

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

    $275,000

    • 2 Beds
    • 2 Baths
    • 1,064 Sq Ft
    • 400 SW 7th St
    • Unit 105
    • Des Moines, IA

    Welcome to downtown Des Moines' newest condo community WITH A PROPERTY TAX ABATEMENT UNTIL 2030! Don’t miss this 2-bedroom, 2 bathroom downtown condo with low HOA dues, and a private indoor garage with storage! This rare corner unit offers spacious one level living with zero entry, an oversized kitchen island, stainless steel appliances, a gas range, and abundant natural light. Enjoy LVP

    Tony Sly Keller Williams Realty GDM

    Section Image
  • 400 SW 7th St Unit 304, Des Moines, IA 50309

    $234,500

    • 1 Bed
    • 1 Bath
    • 890 Sq Ft
    • 400 SW 7th St
    • Unit 304
    • Des Moines, IA

    Modern luxury awaits in this downtown condo, a must-see gem that offers tax abatement through 2030, ensuring significant monthly savings. And that's just the beginning! With some of the lowest HOA dues in all of Downtown, this property is an incredible value. Plus, you'll have your very own reserved parking spot deeded at closing - convenience and peace of mind combined!Step inside and prepare to

    Patrick Elbert Realty ONE Group Impact

    Section Image
  • 450 SW 7th St Unit 205, Des Moines, IA 50309

    $175,000

    • 1 Bed
    • 1 Bath
    • 590 Sq Ft
    • 450 SW 7th St
    • Unit 205
    • Des Moines, IA

    Why rent when you can own? This downtown condo has it all-- tax abatement through 2029 (huge monthly savings - see assessor page or ask a Realtor for details & impact to monthly pmt), low HOA dues, reserved parking, secure building access, and a sleek bathroom with glass shower door. The kitchen features quartz countertops, tile backsplash, and matte stainless appliances. There's room for a

    Jessica Gilligan Century 21 Signature

    Section Image
  • 119 4th St Unit 102, Des Moines, IA 50309

    $269,900

    • 2 Beds
    • 2 Baths
    • 985 Sq Ft
    • 119 4th St
    • Unit 102
    • Des Moines, IA

    UPDATE: BRAND NEW HVAC SYSTEM ?Step into this beautifully updated downtown first-floor condo, where modern design meets unbeatable convenience. Boasting two spacious bedrooms and two full bathrooms, this home offers a seamless blend of comfort and style. The heart of the home is the open-concept kitchen, dining, and living area, featuring tall ceilings that enhance the sense of space and light.

    Pennie Carroll Pennie Carroll & Associates

    Section Image
  • 119 4th St Unit 508, Des Moines, IA 50309

    $269,000

    • 2 Beds
    • 2 Baths
    • 1,170 Sq Ft
    • 119 4th St
    • Unit 508
    • Des Moines, IA

    You will love this modern downtown condo:  2 bed, 2 bath with open living space.  East facing exposure for bright mornings and cool afternoons, this top floor unit has stunning views of the Capitol - perfect for fireworks!  Secure building: underground & heated extra deep parking space included, new air conditioner 2023, washer-dryer included, freshly painted and move-in ready! Enjoy downtown

    Andrea Stone Century 21 Signature

    Section Image
  • 1310 Murphy St Unit 1308, Des Moines, IA 50309

    $274,900

    • 1 Bed
    • 1 Bath
    • 930 Sq Ft
    • 1310 Murphy St
    • Unit 1308
    • Des Moines, IA

    Welcome to the Telus Condos, downtown’s newest condo building. This single level living is within walking distance of Gray’s Lake w/access to bike trails, water trails, and is centered into the popular Gray’s Station community! This plan features a large kitchen open to the dining area, living room and home office! The large primary bedroom has great windows, walk in closet & bath with walk in

    B.J. Knapp Iowa Realty Mills Crossing

    Section Image
  • 1310 Murphy St Unit 1203, Des Moines, IA 50309

    $274,900

    • 1 Bed
    • 1 Bath
    • 903 Sq Ft
    • 1310 Murphy St
    • Unit 1203
    • Des Moines, IA

    The Juno floor plan at the Telus Condos has everything a 1 bedroom condo could ask for! The home features an open plan with spacious kitchen and generous living space. The primary suite includes a walk in closet & bath with walk in tile shower. This home also has a dedicated laundry room, drop zone, plus an attached garage. Walking distance to Gray’s Lake w/access to bike trails, water trails,

    B.J. Knapp Iowa Realty Mills Crossing

    Section Image
  • 1310 Murphy St Unit 1105, Des Moines, IA 50309

    $239,900

    • 1 Bed
    • 1 Bath
    • 764 Sq Ft
    • 1310 Murphy St
    • Unit 1105
    • Des Moines, IA

    Located across the street from the planned community building with fitness center and pool! The amenities could not be more convenient! This ground level 1 bedroom condo really highlights single level living! Walking distance to Gray’s Lake w/access to bike trails and water trails! The home features an open plan with spacious kitchen and generous living space. The primary suite includes a walk in

    B.J. Knapp Iowa Realty Mills Crossing

    Section Image
See All Homes in Des Moines

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Keuning Chase $207,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keuning Chase $165,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2021 05/20/21 Sold $207,000 +4.0% $273 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
07/16/2020 07/16/20 For Sale $199,000 -- $263 / 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
2023 $556 $202,600 $9,800 $192,800
2022 $168 $181,900 $8,800 $173,100
2021 $156 $181,900 $8,800 $173,100
2020 $156 $17,000 $7,000 $10,000
Source: Public Records

Agents Affiliated with this Home

  • B.J. Knapp

    Seller's Agent in 2021

    B.J. Knapp

    Iowa Realty Mills Crossing

    (515) 669-5952

    68 in this area

    159 Total Sales

    B.J. Knapp
    Section Image
  • Sara Gaskell

    Seller Co-Listing Agent in 2021

    Sara Gaskell

    Iowa Realty Mills Crossing

    (515) 350-4799

    23 in this area

    78 Total Sales

    Sara Gaskell
    Section Image
  • Michelle Polder

    Buyer's Agent in 2021

    Michelle Polder

    RE/MAX

    (515) 306-0724

    1 in this area

    98 Total Sales

    Michelle Polder
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 609987

Des Moines Area Association of REALTORS®

APN: 020/01010-005-009

Iowa Polk County Des Moines 50309 Downtown Des Moines

400 SW 7th St Unit 203, Des Moines, IA

This home is located at 400 SW 7th St Unit 203, Des Moines, IA 50309 since 16 July 2020 and is currently estimated at $237,032, approximately $312 per square foot. This property was built in 2020. 400 SW 7th St Unit 203 is a home located in Polk County with nearby schools including Walnut Street School, Callanan Middle School, and Roosevelt 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.

Nearby Homes