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
Highlights
- Ranch Style House
- Patio
- Family Room
- Eat-In Kitchen
- Forced Air Heating and Cooling System
- Dining Area
About This Home
As of November 2023Why 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.
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
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%
Total Days on Market
185
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
-1.76%
Original Mortgage
$173,000
Outstanding Balance
$170,619
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$53,401
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
Map
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Similar Homes in Des Moines, IA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| 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 | |
| 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
| 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 | $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
Source: Des Moines Area Association of REALTORS®
MLS Number: 610024
APN: 020/01010-005-019
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