$223,425
SOLD FEB 19, 2021

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

Downtown Des Moines Neighborhood
1 Bed
1 Bath
758 Sq Ft
$275/mo HOA Fee

Recently Sold

$295 Per Sq Ft

5% Above List Price

Highlights

  • Ranch Style House
  • Patio
  • Family Room
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of November 2023

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 top floor new construction EDISON condominium is made for you! Affordable and unique loft-style 1 BR, 1 BA unit with ample storage, top floor private outdoor balcony space, available parking and 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: 07/17/2020

Iowa Realty Mills Crossing

Co-Listed By

Randy Kramer

Iowa Realty Mills Crossing

Last Buyer's Agent

Sara Gaskell

Iowa Realty Mills Crossing

Iowa Realty Mills Crossing

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $350

Year Built

  • Built in 2020

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
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02001010005019

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

$350

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: 279.68
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 294.76
  • Termite: Call Listing Agent
  • Unit: 303
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, Cable TV, 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, Stove
  • 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., Lawn Care, Snow Removal, 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: 02001010005019
  • 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
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:

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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 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: 610024

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 $223,425, approximately $294 per square foot. This property was built in 2020. 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.

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