NOT LISTED FOR SALE

400 SW 7th St Unit 307 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated Value: $227,000 - $305,000

1 Bed
1 Bath
758 Sq Ft
$326/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $224,425 $296 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,602/month

168 Days on Market

Highlights

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

About This Home

As of December 2020

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: 06/15/2020

Iowa Realty Mills Crossing

Co-Listed By

Sara Gaskell

Iowa Realty Mills Crossing

Last Buyer's Agent

Haim Naggar

BHHS First Realty Westown

BHHS First Realty Westown

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $187

Year Built

  • Built in 2019

Lot Details

  • Irrigation

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof

Interior Spaces

  • 758 Sq Ft Home
  • Dining Area
  • Vinyl Flooring
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Home Security

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 02001010005023

Community Details

Overview

  • Hubbell Community Mgmt Association
  • Built by Hubbell Realty

Recreation

  • Snow Removal

Pet Policy

  • Breed Restrictions

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$187

Year Built

Built in 2019

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: 296.08
  • Termite: Follow Showing Instructions
  • Unit: 307
  • Year Built: 2019
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, Cable TV, Fire Alarm, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Slab
  • Dining Room: Dining Areas, Eat In Kitchen
  • Included Items: Dishwasher, Microwave, Stove
  • Living Area Sq Ft: 758
  • Total Sq Ft: 758

Exterior Features

  • Exterior: Brick
  • Exterior Features: Deck, Irrigation, 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: Internet, Lawn Care, Snow Removal, Trash Service

Association/Amenities

  • Amenities: Pet Restrictions, Snow Removal
  • HOA Name: Edison HOA
  • Management Firm: Hubbell Community MGMT

Condo/Co-op/Association

  • Association Fee: 275.0000
  • Association Fee Term: Month
  • Association Fee: Yes

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: 02001010005023
  • Zoning: Res

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 187.00
  • Net Taxes: 187.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Dec 11, 2020
Sold by
Sw7 Flats Llc
Bought by
Thompson John Parker
Seller's Agent
B.J. Knapp
Iowa Realty Mills Crossing
Buyer's Agent
Haim Naggar
BHHS First Realty Westown
List Price
$212,000
Sold Price
$224,425
Premium/Discount to List
$12,425
5.86%
Current Estimated Value
$247,109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,684
Avg. Annual Appreciation
1.93%
Original Mortgage
$201,983
Outstanding Balance
$178,995
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$68,114
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
Thompson John Parker $224,500 None Listed On Document
Thompson John Parker $224,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson John Parker $201,983
Closed Thompson John Parker $201,983
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2020 12/11/20 Sold $224,425 +5.9% $296 / Sq Ft
11/30/2020 11/30/20 Pending -- -- --
06/15/2020 06/15/20 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
2025 $350 $225,100 $10,300 $214,800
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

  • B.J. Knapp

    Seller's Agent in 2020

    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 2020

    Sara Gaskell

    Iowa Realty Mills Crossing

    (515) 350-4799

    23 in this area

    85 Total Sales

    Sara Gaskell
    Section Image
  • Haim Naggar

    Buyer's Agent in 2020

    Haim Naggar

    BHHS First Realty Westown

    38 Total Sales

    Haim Naggar
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 607475

Des Moines Area Association of REALTORS®

APN: 020/01010-005-023

Iowa Polk County Des Moines 50309 Downtown Des Moines

400 SW 7th St Unit 307, Des Moines, IA

Not Listed for Sale

Townhouses

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