NOT LISTED FOR SALE

400 SW 7th St Unit 306 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated Value: $189,000 - $233,000

1 Bed
1 Bath
590 Sq Ft
$357/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $193,000 $327 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,410/month

426 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 September 2021

Why rent when you could own downtown? Are you an active person always on the run between where you work, live, & play? Ten year tax abatement on this new construction top floor EDISON condominium is made for you! Affordable and unique loft-style 1 BR, 1 BA unit with ample storage, private outdoor balcony space, available parking & W/D hook ups make for the perfect space. Walkable access to great food, entertainment, and 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

Sara Gaskell

Iowa Realty Mills Crossing

Last Buyer's Agent

Jeff Kinion

Realty ONE Group Impact

Realty ONE Group Impact

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $432

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
  • Vinyl Flooring
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Home Security

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02001010005022

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

$432

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: 318.64
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 327.12
  • Termite: Call Listing Agent
  • Unit: 306
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, 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: 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., Lawn Care, Snow Removal, 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

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: 02001010005022
  • 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 17, 2020
Closed on
Sep 16, 2021
Sold by
Sw7 Flats Llc
Bought by
Kingsbury Jonathan
Seller's Agent
B.J. Knapp
Iowa Realty Mills Crossing
Buyer's Agent
Jeff Kinion
Realty ONE Group Impact
List Price
$188,000
Sold Price
$193,000
Premium/Discount to List
$5,000
2.66%
Current Estimated Value
$210,861

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,861
Avg. Annual Appreciation
2.92%
Original Mortgage
$183,350
Outstanding Balance
$169,507
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$46,734
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 Buyer Sale Price Title Company
Kingsbury Jonathan $193,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kingsbury Jonathan $183,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $193,000 +2.7% $327 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
07/17/2020 07/17/20 For Sale $188,000 -- $319 / 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
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 2021

    B.J. Knapp

    Iowa Realty Mills Crossing

    (515) 669-5952

    69 in this area

    164 Total Sales

    B.J. Knapp
    Section Image
  • Sara Gaskell

    Seller Co-Listing Agent in 2021

    Sara Gaskell

    Iowa Realty Mills Crossing

    (515) 350-4799

    25 in this area

    84 Total Sales

    Sara Gaskell
    Section Image
  • Jeff Kinion

    Buyer's Agent in 2021

    Jeff Kinion

    Realty ONE Group Impact

    (515) 577-1941

    12 in this area

    158 Total Sales

    Jeff Kinion
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 610029

Des Moines Area Association of REALTORS®

APN: 020/01010-005-022

Iowa Polk County Des Moines 50309 Downtown Des Moines

400 SW 7th St Unit 306, Des Moines, IA

This home is located at 400 SW 7th St Unit 306, Des Moines, IA 50309 since 17 July 2020 and is currently estimated at $210,861, approximately $357 per square foot. This property was built in 2020. 400 SW 7th St Unit 306 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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