$230,000
SOLD NOV 13, 2023

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

Downtown Des Moines Neighborhood
1 Bed
1 Bath
758 Sq Ft
$280/mo HOA Fee

Recently Sold

$303 Per Sq Ft

8% Below List Price

66 Days on Market

Highlights

  • Deck
  • Patio
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Security Service
  • Carpet

About This Home

As of November 2023

PROMO: $3K CREDIT OFFERED FOR CLOSING BEFORE 11/22/23 * Why rent when you can own? This downtown condo has it all! Tax abatement through 2029 (HUGE MONTHLY SAVINGS - see assessor page or contact a Realtor for details & impact to monthly pmt), low HOA dues, reserved parking spot, high ceilings, views of Capitol & Principal Park fireworks, secure access to building, window coverings, shower w/ glass door, & extra closet shelving all included! Your kitchen (w/quartz countertops, tile backsplash, & SS appliances w/extended warranty) has a peninsula accommodating barstools & opens to the spacious living room w/slider to private balcony- which makes this the perfect spot to entertain. Working from home? This unit has the ideal WFH nook. The unit also includes LVP flooring, storage space, in-unit washer/dryer, & a walk-in closet. It's walkable to Downtown, Gray’s Lake, Principal Park & has access to bike trails. All appliances stay & deeded parking spot is included in the list price. Check out this incredible, like-new condo today!

Last Agent to Sell the Property

Jessica Gilligan

Century 21 Signature Listed on: 08/04/2023

Century 21 Signature

Last Buyer's Agent

Megan Hill Mitchum

Century 21 Signature

Century 21 Signature

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $576

Year Built

  • Built in 2019

HOA Fees

  • $280 Monthly HOA Fees

Home Design

  • 758 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof
  • Metal Siding

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 01010-005-019; 01010-005-055

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

$576

Year Built

Built in 2019

Lot Details

0

HOA Fees

$280 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Ranch
  • Lp Amt Sq Ft: 309.89
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 303.43
  • Termite: Follow Showing Instructions
  • Unit: 303
  • Year Built: 2019
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, Cable TV, Carpeting, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Slab
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 758
  • Total Sq Ft: 758

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Detached

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: 280.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Association/Amenities

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

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: 01010-005-019; 01010-005-055
  • Zoning: DX2

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 576.49
  • Net Taxes: 366.93

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Nov 13, 2023
Sold by
Perone Olga S
Bought by
Jmac Llc
Seller's Agent
Jessica Gilligan
Century 21 Signature
Buyer's Agent
Megan Hill Mitchum
Century 21 Signature
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%
Views
148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.83%
Original Mortgage
$173,000
Outstanding Balance
$170,022
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$56,458

Purchase Details

Listed on
Jul 17, 2020
Closed on
Feb 17, 2021
Sold by
Sw7 Flats Llc
Bought by
Perone Olga S
Seller's Agent
B.J. Knapp
Iowa Realty Mills Crossing
Buyer's Agent
Sara Gaskell
Iowa Realty Mills Crossing
List Price
$212,000
Sold Price
$223,425
Premium/Discount to List
$11,425
5.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.07%
Original Mortgage
$11,171
Interest Rate
2.8%
Mortgage Type
Stand Alone Second
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $230,000 None Listed On Document
Warranty Deed $230,000 None Listed On Document
Warranty Deed $223,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $173,000 New Conventional
Closed $173,000 New Conventional
Previous Owner $11,171 Stand Alone Second
Previous Owner $201,083 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 For Sale $229,900 0.0% $303 / Sq Ft
11/13/2023 11/13/23 Sold $230,000 -2.1% $303 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
09/28/2023 09/28/23 Price Changed $234,900 -2.1% $310 / Sq Ft
09/12/2023 09/12/23 Price Changed $239,900 -4.0% $316 / Sq Ft
08/04/2023 08/04/23 For Sale $249,900 +11.8% $330 / Sq Ft
02/19/2021 02/19/21 Sold $223,425 +5.4% $295 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
07/17/2020 07/17/20 For Sale $212,000 -- $280 / 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 $350 $203,080 $9,670 $193,410
2023 $350 $202,600 $9,800 $192,800
2022 $0 $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

  • Megan Hill Mitchum

    Seller's Agent in 2025

    Megan Hill Mitchum

    Century 21 Signature

    (515) 290-8269

    6 in this area

    351 Total Sales

    Megan Hill Mitchum
    Section Image
  • Jessica Gilligan

    Seller's Agent in 2023

    Jessica Gilligan

    Century 21 Signature

    (515) 975-4595

    6 in this area

    184 Total Sales

    Jessica Gilligan
    Section Image
  • B.J. Knapp

    Seller's Agent in 2021

    B.J. Knapp

    Iowa Realty Mills Crossing

    (515) 669-5952

    69 in this area

    160 Total Sales

    B.J. Knapp
    Section Image
  • Randy Kramer

    Seller Co-Listing Agent in 2021

    Randy Kramer

    Iowa Realty Mills Crossing

    (515) 240-8418

    37 in this area

    87 Total Sales

    Randy Kramer
    Section Image
  • Sara Gaskell

    Buyer's Agent in 2021

    Sara Gaskell

    Iowa Realty Mills Crossing

    (515) 350-4799

    25 in this area

    85 Total Sales

    Sara Gaskell
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 679730

Des Moines Area Association of REALTORS®

APN: 020/01010-005-019

Iowa Polk County Des Moines 50309 Downtown Des Moines

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

This home is located at 400 SW 7th St Unit 303, Des Moines, IA 50309 and is currently priced at $230,000, approximately $303 per square foot. This property was built in 2019. 400 SW 7th St Unit 303 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