NOT LISTED FOR SALE

507 E Locust St Unit 202 Des Moines, IA 50309

East Village Neighborhood

Estimated Value: $141,000 - $164,000

1 Bed
1 Bath
552 Sq Ft
$283/Sq Ft Est. Value

Last Sold November 09, 2021

Last sale price $138,000 $250 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,266/month

110 Days on Market

Highlights

  • Shades
  • Family Room
  • 3-minute walk to The People's Plaza
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of November 2021

Historic STUDIO LOFT in the heart of the East Village! Open concept studio combines charming character and city living – exposed brick, high ceilings, majestic windows overlooking the East Village. Amazing natural light floods the studio. Laminate wood flooring, ¾ bath and walk-in closet. Laundry is right across the hall. Low HOA dues cover water, trash & exterior bldg. maintenance. Capitol Village Lofts is a mixed use building that houses retail/commercial space on the first floor with 20 residential lofts between the second and third floor. This historic warehouse was renovated in 2005 and is surrounded by great boutique retail, local restaurants, live music and plenty of events/culture throughout the year.

Last Agent to Sell the Property

Tiffan Yamen

Keller Williams Realty GDM Listed on: 07/22/2021

Keller Williams Realty GDM

Last Buyer's Agent

Tiffan Yamen

Keller Williams Realty GDM Listed on: 07/22/2021

Keller Williams Realty GDM

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,372

Year Built

  • Built in 1900

HOA Fees

  • $182 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 552 Sq Ft Home
  • Shades
  • Family Room
  • Dining Area
  • Laminate Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 040-00614006000

Community Details

Overview

  • Stanbrough Mngt Association, Phone Number (515) 334-3345

Recreation

  • Snow Removal

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,372

Year Built

Built in 1900

Lot Details

0

HOA Fees

$182 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 250.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 250.00
  • Termite: Follow Showing Instructions
  • Unit: 202
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Laminate Floors, Shades/Shutters
  • Total Bathrooms: 1.00
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Dining Room: Dining Areas
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 552
  • Total Sq Ft: 552

Exterior Features

  • Exterior: Brick
  • Street Feature: Concrete
  • Trim: Maple

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Services: Exterior Maint./Bldg., See Remarks, Snow Removal, Trash Service

Association/Amenities

  • Amenities: Snow Removal
  • HOA Name: Capitol Village Lofts HOA
  • Management Firm: Stanbrough Mngt
  • Management Firm Phone: 515-334-3345

Condo/Co-op/Association

  • Association Fee: 182.2300
  • 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: 040-00614006000
  • Zoning: DX2

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 3372.27
  • Net Taxes: 3372.27
  • Tax Year: 2021

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2022
Sold by
Ann Scott Kerry and Ann David H
Bought by
Kas Trust
Current Estimated Value
$156,325

Purchase Details

Listed on
Jul 22, 2021
Closed on
Nov 9, 2021
Sold by
Bach Brad and Bach Katherine Zeman
Bought by
Scott Kerry Ann
Seller's Agent
Tiffan Yamen
Keller Williams Realty GDM
Buyer's Agent
Tiffan Yamen
Keller Williams Realty GDM
List Price
$138,000
Sold Price
$138,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.36%
Original Mortgage
$133,860
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 17, 2013
Closed on
Jul 14, 2013
Sold by
Nichols Gary W
Bought by
Bach Brad and Bach Katherine Zeman
Seller's Agent
Pennie Carroll
Pennie Carroll & Associates
Buyer's Agent
Michael Reagan
RE/MAX Concepts
List Price
$89,900
Sold Price
$87,900
Premium/Discount to List
-$2,000
-2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.56%
Original Mortgage
$78,810
Interest Rate
3.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2006
Sold by
East Village Investments Llc
Bought by
Nichols Gary W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
6%
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
Kas Trust -- None Listed On Document
Scott Kerry Ann $138,000 None Available
Bach Brad $88,000 None Available
Nichols Gary W $104,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scott Kerry Ann $133,860
Previous Owner Bach Brad $78,810
Previous Owner Nichols Gary W $26,800
Previous Owner Nichols Gary W $78,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2021 11/10/21 Pending -- -- --
11/09/2021 11/09/21 Sold $138,000 0.0% $250 / Sq Ft
07/22/2021 07/22/21 For Sale $138,000 +57.0% $250 / Sq Ft
07/15/2013 07/15/13 Sold $87,900 -2.2% $159 / Sq Ft
05/31/2013 05/31/13 Pending -- -- --
04/17/2013 04/17/13 For Sale $89,900 -- $163 / 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
2024 $2,782 $141,400 $3,300 $138,100
2023 $2,994 $141,400 $3,300 $138,100
2022 $2,970 $127,000 $3,000 $124,000
2021 $2,754 $127,000 $3,000 $124,000
2020 $2,862 $110,400 $2,600 $107,800
2019 $2,316 $110,400 $2,600 $107,800
2018 $2,294 $86,200 $2,400 $83,800
2017 $2,456 $86,200 $2,400 $83,800
2016 $754 $90,800 $2,500 $88,300
2015 $754 $90,800 $2,500 $88,300
2014 $716 $90,800 $2,500 $88,300
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tiffan Yamen

    Keller Williams Realty GDM

    1 in this area

    149 Total Sales

    Section Image
  • Pennie Carroll

    Seller's Agent in 2013

    Pennie Carroll

    Pennie Carroll & Associates

    (515) 490-8025

    1,271 Total Sales

    Section Image
  • Michael Reagan

    Buyer's Agent in 2013

    Michael Reagan

    RE/MAX

    (515) 577-8142

    59 Total Sales

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 634069

Des Moines Area Association of REALTORS®

APN: 040-00614006000

Iowa Polk County Des Moines 50309 East Village

507 E Locust St Unit 202, Des Moines, IA

This home is located at 507 E Locust St Unit 202, Des Moines, IA 50309 since 22 July 2021 and is currently estimated at $156,325, approximately $283 per square foot. This property was built in 1900. 507 E Locust St Unit 202 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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