NOT LISTED FOR SALE

400 SW 7th St Unit 205 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated Value: $183,000 - $203,000

1 Bed
1 Bath
590 Sq Ft
$327/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $175,000 $297 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,277/month

621 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 March 2022

Why rent when you could own downtown? 10 year tax abatement & low HOA dues. Affordable & unique loft-style 1 BR, 1 Bath unit w/ ample storage & private outdoor balcony space. Architectural oversized slider to balcony allows for tons of natural light. All units have washer/dryer hook up & walk in closet. Quartz counter tops. HOA dues include water, basic internet, gas, snow & trash removal, CAM insurance. Outdoor deeded parking available for purchase. Located near restaurants, Principal Park, Gray’s Lake, downtown entertainment & outdoor activities. Volta Floor Plan.

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

Cui Davis

Realty ONE Group Impact

Realty ONE Group Impact

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2020

Lot Details

  • 566

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • Driveway

Home Design

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

Interior Spaces

  • 590 Sq Ft Home
  • Family Room
  • Dining Area
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

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 02001010005011

Community Details

Overview

  • Hubbell Management Association
  • Built by Hubbell Realty

Recreation

  • Snow Removal

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2020

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Ranch
  • Homebuilder: Hubbell Realty
  • Lp Amt Sq Ft: 279.49
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 296.61
  • Termite: Call Listing Agent
  • Unit: 205
  • 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
  • Included Items: Dishwasher, Microwave, Refrigerator, See Remarks, Stove
  • Living Area Sq Ft: 590
  • Total Sq Ft: 590

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: 225.0000
  • Association Fee Term: Month
  • Association Fee: Yes

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: 02001010005011
  • 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
Mar 29, 2022
Sold by
Sw7 Flats Llc
Bought by
Kovangvan Darika
Seller's Agent
B.J. Knapp
Iowa Realty Mills Crossing
Buyer's Agent
Cui Davis
Realty ONE Group Impact
List Price
$174,000
Sold Price
$175,000
Premium/Discount to List
$1,000
0.57%
Current Estimated Value
$193,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,221
Avg. Annual Appreciation
2.69%
Original Mortgage
$35,000
Outstanding Balance
$23,965
Interest Rate
3.83%
Estimated Equity
$169,256
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kovangvan Darika $175,000 Hubbell Realty Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kovangvan Darika $35,000
Open Kovangvan Darika $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/29/2022 03/29/22 Sold $175,000 +6.1% $297 / Sq Ft
10/21/2021 10/21/21 Price Changed $164,900 -5.5% $279 / Sq Ft
07/13/2021 07/13/21 Price Changed $174,500 +0.3% $296 / Sq Ft
07/16/2020 07/16/20 For Sale $174,000 -- $295 / 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 $432 $175,200 $7,500 $167,700
2024 $432 $158,070 $7,520 $150,550
2023 $432 $157,800 $7,700 $150,100
2022 $132 $141,600 $6,900 $134,700
2021 $120 $141,600 $6,900 $134,700
2020 $120 $15,400 $5,400 $10,000
Source: Public Records

Agents Affiliated with this Home

  • B.J. Knapp

    Seller's Agent in 2022

    B.J. Knapp

    Iowa Realty Mills Crossing

    (515) 669-5952

    65 in this area

    154 Total Sales

    B.J. Knapp
    Section Image
  • Sara Gaskell

    Seller Co-Listing Agent in 2022

    Sara Gaskell

    Iowa Realty Mills Crossing

    (515) 350-4799

    23 in this area

    85 Total Sales

    Sara Gaskell
    Section Image
  • Cui Davis

    Buyer's Agent in 2022

    Cui Davis

    Realty ONE Group Impact

    (515) 867-0498

    5 in this area

    130 Total Sales

    Cui Davis
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 609981

Des Moines Area Association of REALTORS®

APN: 020/01010-005-011

Iowa Polk County Des Moines 50309 Downtown Des Moines

400 SW 7th St Unit 205, Des Moines, IA

Not Listed for Sale

Townhouses

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