NOT LISTED FOR SALE

507 E Locust St Unit 203 Des Moines, IA 50309

East Village Neighborhood

Estimated Value: $165,000 - $227,000

1 Bed
1 Bath
609 Sq Ft
$305/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $160,000 $263 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,469/month

Highlights

  • Wood Flooring
  • Eat-In Kitchen
  • Home Security System
  • Shades
  • Security Service
  • 3-minute walk to The People's Plaza

About This Home

As of December 2020

This home is located at 507 E Locust St Unit 203, Des Moines, IA 50309 since 08 December 2020 and is currently estimated at $185,953, approximately $305 per square foot. This property was built in 1900. 507 E Locust St Unit 203 is a home located in Polk County with nearby schools including Carver Elementary School, Hiatt Middle School, and East High School.

Last Agent to Sell the Property

Lisa Howard

LPT Realty, LLC Listed on: 12/08/2020

LPT Realty, LLC

Last Buyer's Agent

Lisa Howard

LPT Realty, LLC Listed on: 12/08/2020

LPT Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,234

Year Built

  • Built in 1900

HOA Fees

  • $244 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 609 Sq Ft Home
  • Shades
  • Home Security System
  • Laundry on main level
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Bathroom

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 04000614007000

Community Details

Overview

  • Hubbell Association
  • Built by ST Howard Develop

Recreation

  • Snow Removal

Pet Policy

  • Breed Restrictions

Security

  • Security Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,234

Year Built

Built in 1900

Lot Details

0

HOA Fees

$244 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Homebuilder: ST Howard Develop
  • Lp Amt Sq Ft: 262.73
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 262.73
  • Termite: Call Listing Agent
  • Unit: 203
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, Hardwood Floors, Security System, Shades/Shutters, Tile Floors
  • Total Bathrooms: 1.00
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Unfinished
  • Dining Room: Eat In Kitchen
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 609
  • Total Sq Ft: 609

Exterior Features

  • Exterior: Brick
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Cherry

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Detached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Electric Forced Air
  • Services: Exterior Maint./Bldg., Insurance, Lawn Care, Security Services, Trash Service

Association/Amenities

  • Amenities: Pet Restrictions, Snow Removal
  • HOA Name: Capitol Village Lofts HOA
  • Management Firm: Hubbell

Condo/Co-op/Association

  • Association Fee: 243.6400
  • 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: 04000614007000
  • Zoning: Centr

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 3234.16
  • Net Taxes: 3234.00
  • Tax Year: 2021

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Dec 30, 2020
Sold by
Martin Brenda M
Bought by
Tancredi Chani L and Lappin David A
Seller's Agent
Lisa Howard
LPT Realty, LLC
Buyer's Agent
Lisa Howard
LPT Realty, LLC
List Price
$160,000
Sold Price
$160,000
Current Estimated Value
$185,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,953
Avg. Annual Appreciation
3.19%
Original Mortgage
$144,000
Outstanding Balance
$129,692
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$56,261

Purchase Details

Listed on
Sep 19, 2017
Closed on
Mar 6, 2018
Sold by
Marasco Frank and Marasco Ceri
Bought by
Martin Brenda M
Seller's Agent
Darla Willett-Rohrssen
Iowa Realty Mills Crossing
Buyer's Agent
Stacy Martin
RE/MAX Concepts
List Price
$139,900
Sold Price
$131,000
Premium/Discount to List
-$8,900
-6.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$104,800
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2015
Sold by
Artisan Row Llc
Bought by
Marasco Frank K and Marasco Ceri J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,421
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2005
Sold by
East Village Investments Llc
Bought by
Marasco Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving
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
Tancredi Chani L $160,000 None Available
Martin Brenda M $131,000 None Available
Marasco Frank K $303,000 None Available
Marasco Frank $116,500 Security First Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tancredi Chani L $144,000
Previous Owner Martin Brenda M $104,800
Previous Owner Marasco Frank K $257,421
Previous Owner Marasco Frank $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2020 12/31/20 Sold $160,000 0.0% $263 / Sq Ft
12/31/2020 12/31/20 Pending -- -- --
12/08/2020 12/08/20 For Sale $160,000 +22.1% $263 / Sq Ft
03/23/2018 03/23/18 Sold $131,000 -6.4% $215 / Sq Ft View Prior Sale
02/09/2018 02/09/18 Pending -- -- --
09/19/2017 09/19/17 For Sale $139,900 -- $230 / 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 $2,864 $158,500 $3,700 $154,800
2024 $2,864 $156,100 $3,600 $152,500
2023 $3,092 $156,100 $3,600 $152,500
2022 $3,068 $140,100 $3,200 $136,900
2021 $3,040 $140,100 $3,200 $136,900
2020 $3,158 $121,800 $2,800 $119,000
2019 $2,556 $121,800 $2,800 $119,000
2018 $2,298 $95,100 $2,600 $92,500
2017 $2,480 $95,100 $2,600 $92,500
2016 $596 $100,200 $2,700 $97,500
2015 $596 $100,200 $2,700 $97,500
2014 $552 $100,200 $2,700 $97,500
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2020

    Lisa Howard

    LPT Realty, LLC

    (515) 490-6454

    6 in this area

    31 Total Sales

    Lisa Howard
    Section Image
  • Darla Willett-Rohrssen

    Seller's Agent in 2018

    Darla Willett-Rohrssen

    Iowa Realty Mills Crossing

    (515) 203-6108

    16 in this area

    131 Total Sales

    Darla Willett-Rohrssen
    Section Image
  • Stacy Martin

    Buyer's Agent in 2018

    Stacy Martin

    RE/MAX

    (703) 795-3959

    56 Total Sales

    Stacy Martin
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 619211

Des Moines Area Association of REALTORS®

APN: 040-00614007000

Iowa Polk County Des Moines 50309 East Village

507 E Locust St Unit 203, Des Moines, IA

This home is located at 507 E Locust St Unit 203, Des Moines, IA 50309 since 08 December 2020 and is currently estimated at $185,953, approximately $305 per square foot. This property was built in 1900. 507 E Locust St Unit 203 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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