NOT LISTED FOR SALE

507 E Locust St Unit 201 Des Moines, IA 50309

East Village Neighborhood

Estimated Value: $148,000 - $175,000

1 Bed
1 Bath
585 Sq Ft
$273/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $103,400 $177 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,239/month

62 Days on Market

Highlights

  • Shades
  • Carpet
  • 3-minute walk to The People's Plaza
  • Forced Air Heating and Cooling System

About This Home

As of August 2016

Fantastic one bed loft in the heart of the East Village. This is an end unit so you only have one adjoining wall with neighbors. Overlooks 5th Street and just down the street from the capital. Walking distance to everything downtown has to offer. Don't miss out on this one!

Last Agent to Sell the Property

Jon Lipovac

RE/MAX Precision Listed on: 06/14/2016

RE/MAX Precision

Last Buyer's Agent

Jon Lipovac

RE/MAX Precision Listed on: 06/14/2016

RE/MAX Precision

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,553

Year Built

  • Built in 1900

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 585 Sq Ft Home
  • Shades

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Terrus Real Estate Group Association, Phone Number (515) 471-4316

Listing and Financial Details

  • Assessor Parcel Number 04000614005000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,553

Year Built

Built in 1900

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 182.91
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 176.75
  • Unit: 201
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Carpeting, Shades/Shutters, Vinyl Floors
  • Total Bathrooms: 1.00
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 585
  • Total Sq Ft: 585

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt

Garage/Parking

  • Driveway: Concrete

Utilities

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

Condo/Co-op/Association

  • Association Fee: 170.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Association/Amenities

  • HOA Name: Capitol Village Lofts HOA
  • Management Firm: Terrus Real Estate Group
  • Management Firm Phone: 515-471-4316

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: 04000614005000
  • Zoning: R

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 2553.00
  • Net Taxes: 2322.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2016
Closed on
Aug 11, 2016
Sold by
Nelson Jake and Nelson Jake E
Bought by
Menning Renee
Seller's Agent
Jon Lipovac
RE/MAX Precision
Buyer's Agent
Jon Lipovac
RE/MAX Precision
List Price
$107,000
Sold Price
$103,400
Premium/Discount to List
-$3,600
-3.36%
Current Estimated Value
$159,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,568
Avg. Annual Appreciation
4.87%

Purchase Details

Closed on
Feb 16, 2006
Sold by
East Village Investments Llc
Bought by
Nelson Jake and Nelson Lindsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,600
Interest Rate
5.76%
Mortgage Type
Fannie Mae Freddie Mac
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
Menning Renee -- None Available
Nelson Jake $112,500 Itc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nelson Jake $112,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2016 08/15/16 Sold $103,400 -3.4% $177 / Sq Ft
08/15/2016 08/15/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $107,000 -- $183 / 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 $2,654 $137,000 $3,700 $133,300
2024 $2,654 $134,900 $3,600 $131,300
2023 $2,854 $134,900 $3,600 $131,300
2022 $2,832 $121,100 $3,200 $117,900
2021 $2,628 $121,100 $3,200 $117,900
2020 $2,730 $105,300 $2,800 $102,500
2019 $2,456 $105,300 $2,800 $102,500
2018 $2,432 $91,400 $2,600 $88,800
2017 $2,374 $91,400 $2,600 $88,800
2016 $568 $96,300 $2,700 $93,600
2015 $568 $96,300 $2,700 $93,600
2014 $526 $96,300 $2,700 $93,600
Source: Public Records

Agents Affiliated with this Home

  • Jon Lipovac

    Seller's Agent in 2016

    Jon Lipovac

    RE/MAX

    (515) 771-8556

    76 Total Sales

    Jon Lipovac
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 519948

Des Moines Area Association of REALTORS®

APN: 040-00614005000

Iowa Polk County Des Moines 50309 East Village

507 E Locust St Unit 201, Des Moines, IA

This home is located at 507 E Locust St Unit 201, Des Moines, IA 50309 since 14 June 2016 and is currently estimated at $159,968, approximately $273 per square foot. This property was built in 1900. 507 E Locust St Unit 201 is a home located in Polk County with nearby schools including Carver Elementary School, Hiatt Middle School, and East 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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