NOT LISTED FOR SALE

400 SW 7th St Unit 208 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated Value: $322,000 - $349,000

2 Beds
2 Baths
1,258 Sq Ft
$268/Sq Ft Est. Value

Last Sold July 15, 2022

Last sale price $305,000 $242 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,248/month

44 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Security Service
  • Ranch Style House
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of July 2022

The 2 bedroom/2 bathroom downtown condo you have been waiting for! Tax abatement ($ HUGE SAVINGS $), low HOA dues, private indoor garage space, all appliances, window coverings, tiled shower with glass door, extra closet shelving = all included! Your kitchen (w/ quartz countertops, tile backsplash, stainless steel appliances, gas stove) is open to generous living and dining spaces with island accommodating barstools and slider to private balcony - which makes this a perfect spot to entertain. Enjoy your primary suite with double sinks and a walk in closet w/ washer & dryer located in the closet. The 2nd bedroom with an attached bathroom is ideal for a home office, guest bedroom, or roommate. Private indoor garage space is ideal for storage- bikes/kayaks/etc & added amenities- chest freezer/extra fridge/etc. Walkable to Downtown, Gray’s Lake, Principal Park & access to all bike trails. Check out this incredible, like-new condo today!

Last Agent to Sell the Property

Jessica Gilligan

Century 21 Signature Listed on: 05/03/2022

Century 21 Signature

Last Buyer's Agent

Rick Madden

Madden Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $300

Year Built

  • Built in 2019

Lot Details

  • 1,176

HOA Fees

  • $400 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,258 Sq Ft Home
  • Family Room
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck
  • Covered Patio or Porch

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02001010005014

Community Details

Overview

  • Hubbell Management Association, Phone Number (515) 243-3228

Recreation

  • Snow Removal

Security

  • Security Service
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$300

Year Built

Built in 2019

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Ranch
  • Lp Amt Sq Ft: 258.35
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 242.45
  • Unit: 208
  • Year Built: 2019
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, Carpeting, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Dining Room: Dining Areas, Eat In Kitchen
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1258
  • Total Sq Ft: 1258

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Attached
  • Garage Parking Stalls: 1

Utilities

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

Condo/Co-op/Association

  • Association Fee: 400.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Association/Amenities

  • HOA Name: Edison HOA
  • Management Firm: Hubbell Management
  • Management Firm Phone: 5152433228

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Lot Info

  • Lot Shape: Regular
  • Assessor Parcel Number: 02001010005014
  • Zoning: DX2

Rental Info

  • Rent Restriction Description: Rentals allowed- see Rules & Regulations attached.

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 299.66
  • Net Taxes: 71.36

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Jul 13, 2022
Sold by
Rose Granado-Bolton Korbyn
Bought by
Wheeler Garrett
Seller's Agent
Jessica Gilligan
Century 21 Signature
Buyer's Agent
Rick Madden
Madden Realty
List Price
$330,000
Sold Price
$305,000
Premium/Discount to List
-$25,000
-7.58%
Current Estimated Value
$337,085

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,085
Avg. Annual Appreciation
2.99%

Purchase Details

Listed on
Jul 16, 2020
Closed on
Jun 7, 2021
Sold by
Sw7 Flats Llc
Bought by
Granado-Bolton Korbyn Rose
Seller's Agent
B.J. Knapp
Iowa Realty Mills Crossing
Buyer's Agent
Patrick Elbert
Realty ONE Group Impact
List Price
$265,000
Sold Price
$290,000
Premium/Discount to List
$25,000
9.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.69%
Original Mortgage
$275,500
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Wheeler Garrett $305,000 None Listed On Document
Granado-Bolton Korbyn Rose $290,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Granado-Bolton Korbyn Rose $275,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2022 07/15/22 Sold $305,000 -6.2% $242 / Sq Ft
06/16/2022 06/16/22 Pending -- -- --
06/02/2022 06/02/22 Price Changed $325,000 -1.5% $258 / Sq Ft
05/03/2022 05/03/22 For Sale $330,000 +13.8% $262 / Sq Ft
06/08/2021 06/08/21 Sold $290,000 +9.4% $231 / Sq Ft View Prior Sale
06/07/2021 06/07/21 Pending -- -- --
07/16/2020 07/16/20 For Sale $265,000 -- $211 / 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 $922 $373,600 $16,000 $357,600
2024 $922 $337,040 $16,040 $321,000
2023 $922 $302,200 $16,400 $285,800
2022 $70 $301,900 $14,700 $287,200
2021 $258 $301,900 $14,700 $287,200
2020 $258 $21,600 $11,600 $10,000
Source: Public Records

Agents Affiliated with this Home

  • Jessica Gilligan

    Seller's Agent in 2022

    Jessica Gilligan

    Century 21 Signature

    (515) 975-4595

    6 in this area

    196 Total Sales

    Jessica Gilligan
    Section Image
  • Rick Madden

    Buyer's Agent in 2022

    Rick Madden

    Madden Realty

    (515) 710-4227

    1 in this area

    55 Total Sales

    Rick Madden
    Section Image
  • B.J. Knapp

    Seller's Agent in 2021

    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 2021

    Sara Gaskell

    Iowa Realty Mills Crossing

    (515) 350-4799

    23 in this area

    85 Total Sales

    Sara Gaskell
    Section Image
  • Patrick Elbert

    Buyer's Agent in 2021

    Patrick Elbert

    Realty ONE Group Impact

    (515) 443-3335

    9 in this area

    146 Total Sales

    Patrick Elbert
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 651036

Des Moines Area Association of REALTORS®

APN: 020/01010-005-014

Iowa Polk County Des Moines 50309 Downtown Des Moines

400 SW 7th St Unit 208, Des Moines, IA

Not Listed for Sale

Townhouses

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