$143,500

450 SW 7th St Unit 103 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated payment $1,044/month

Total Views 75
1 Bed
1 Bath
550 Sq Ft
$261 Price per Sq Ft

About This Home

In a market where it is hard to find deals, here is one! PRICED $20K UNDER ASSESSED VALUE and TAX ABATEMENT THROUGH 2029! With water and internet included in dues, you should compare to renting! The Edison is a very nice condo complex located just south of downtown. Convenient access whether walking to Principal Park to catch a game, heading to enjoy the downtown nightlife, or hitting the many biking trails just blocks away. The unit itself lives large with two murphy beds allowing the owner to have more living space AND sleep more as needed. Beautiful modern kitchen with quartz countertops. Building is secure keyless entry into a secure hallway and Smart deliver box for your Amazon deliveries. Use this as a way to put money towards equity in where you live over rent, add to your rental (no short-term/Air BNB) portfolio, or as your personal getaway for your trips to the the downtown area. Either way, you will not want to miss out on this condo in this location at this price!

Listing Agent

Matt Cole

RE/MAX Concepts Listed on: 12/03/2025

RE/MAX Concepts

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $688

Year Built

  • Built in 2019

Lot Details

  • 506 Sq Ft Lot

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • 550 Sq Ft Home
  • Slab Foundation
  • Rubber Roof

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Internet Available

Community Details

  • Terrus Real Estate Group Association, Phone Number (515) 471-4317

Listing and Financial Details

  • Assessor Parcel Number 02001010005061

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$688

Year Built

Built in 2019

Lot Details

0

HOA Fees

$235 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 260.91
  • Natl Assocof Home Builders: No
  • Unit: 103
  • Year Built: 2019
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Slab
  • Living Area Sq Ft: 550
  • Total Sq Ft: 550

Exterior Features

  • Foundation: Poured
  • Roof: Rubber
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Services: Internet

Condo/Co-op/Association

  • Association Fee: 235.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Association/Amenities

  • HOA Name: Edison HOA
  • Management Firm: Terrus Real Estate Group
  • Management Firm Phone: (515) 471-4317

Lot Info

  • Acres: 0.0120
  • Lot S F: 506
  • Assessor Parcel Number: 02001010005061
  • Zoning: DX2

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 688.00
  • Net Taxes: 688.00

MLS Schools

  • School District: Des Moines Independent

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $402 $163,400 $7,400 $156,000
2024 $402 $20,470 $5,730 $14,740
2023 $122 $147,000 $7,100 $139,900
2022 $120 $132,000 $6,400 $125,600
2021 $112 $132,000 $6,400 $125,600
2020 $112 $15,100 $5,100 $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2025 12/03/25 For Sale $143,500 -5.3% $261 / Sq Ft
11/10/2021 11/10/21 Sold $151,500 +1.1% $275 / Sq Ft View Prior Sale
11/10/2021 11/10/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $149,900 -- $273 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Abendroth Russell Barnett Law
Warranty Deed $151,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $113,625 New Conventional
Source: Public Records

Source: Des Moines Area Association of REALTORS®

MLS Number: 731178

Des Moines Area Association of REALTORS®

APN: 020/01010-005-061

Iowa Polk County Des Moines 50309 Downtown Des Moines

450 SW 7th St Unit 103, Des Moines, IA

For Sale

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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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Matt Cole
Listing Agent
Matt Cole
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RE/MAX Concepts
(515) 495-5951