NOT LISTED FOR SALE

507 E Locust St Unit 204 Des Moines, IA 50309

East Village Neighborhood

Estimated Value: $156,000 - $184,552

1 Bed
1 Bath
711 Sq Ft
$242/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $153,500 $216 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,467/month

71 Days on Market

Highlights

  • Built in 1900 | Newly Remodeled
  • Dining Area
  • 3-minute walk to The People's Plaza
  • Forced Air Heating and Cooling System

About This Home

As of July 2017

Historic East Village loft boasting floor to ceiling windows, exposed brick and new carpet/flooring. Pet friendly and 1 parking space included. Walking distance to East Village's finest dining, nightlife, Principal Park and easy access to bike/walking trails. All appliances included. Monthly HOA dues include water.

Last Agent to Sell the Property

Krisanne Colby Calhoun

Simply Better Realty, LLC Listed on: 05/04/2017

Last Buyer's Agent

Scott Seyler

VIA Group, REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,155

Year Built

  • Built in 1900 | Newly Remodeled

HOA Fees

  • $277 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof

Interior Spaces

  • 711 Sq Ft Home
  • Dining Area
  • Laminate Flooring
  • Unfinished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 04000614008000

Community Details

Overview

  • Terrus Real Estate Group Association

Recreation

  • Snow Removal

Pet Policy

  • Breed Restrictions

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,155

Year Built

Built in 1900 | Newly Remodeled

Lot Details

0

HOA Fees

$277 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 239.10
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 215.89
  • Termite: New Construction
  • Unit: 204
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, Laminate Floors, Smoke Detector
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Dining Room: Dining Areas
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 711
  • Total Sq Ft: 711

Exterior Features

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

Garage/Parking

  • Driveway: Concrete

Utilities

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

Association/Amenities

  • Amenities: Pet Restrictions, Snow Removal
  • HOA Name: Capitol Village HOA
  • Management Firm: Terrus Real Estate Group

Condo/Co-op/Association

  • Association Fee: 277.0000
  • 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: 04000614008000
  • Zoning: C-3B

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 3155.00
  • Net Taxes: 3155.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 25, 2023
Sold by
Moravek Real Estate Llc
Bought by
Reichardt Taylor J
Current Estimated Value
$172,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Outstanding Balance
$166,547
Interest Rate
7.19%
Estimated Equity
$5,841

Purchase Details

Listed on
May 4, 2017
Closed on
Jul 28, 2017
Sold by
P S Properties Llc
Bought by
Moravek Real Estates Llc
Seller's Agent
Krisanne Colby Calhoun
Simply Better Realty, LLC
Buyer's Agent
Scott Seyler
VIA Group, REALTORS
List Price
$175,000
Sold Price
$153,500
Premium/Discount to List
-$21,500
-12.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.39%
Original Mortgage
$153,500
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2008
Sold by
Walsh Kimberly C and Walsh Christine
Bought by
P S Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,650
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 23, 2005
Sold by
East Village Investments Llc
Bought by
Walsh Kimberly C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.87%
Mortgage Type
Fannie Mae Freddie Mac
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
Reichardt Taylor J $175,500 None Listed On Document
Moravek Real Estates Llc $153,500 None Available
P S Properties Llc $149,000 None Available
Walsh Kimberly C $135,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reichardt Taylor J $170,000
Previous Owner Moravek Real Estates Llc $153,500
Previous Owner P S Properties Llc $126,650
Previous Owner Walsh Kimberly C $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2017 07/28/17 Sold $153,500 -12.3% $216 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
05/04/2017 05/04/17 For Sale $175,000 -- $246 / 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 $3,406 $175,700 $4,200 $171,500
2024 $3,406 $173,100 $4,100 $169,000
2023 $3,662 $173,100 $4,100 $169,000
2022 $3,634 $155,400 $3,700 $151,700
2021 $3,372 $155,400 $3,700 $151,700
2020 $3,502 $135,100 $3,200 $131,900
2019 $2,984 $135,100 $3,200 $131,900
2018 $2,952 $111,000 $3,000 $108,000
2017 $3,164 $111,000 $3,000 $108,000
2016 $972 $117,000 $3,200 $113,800
2015 $972 $117,000 $3,200 $113,800
2014 $922 $117,000 $3,200 $113,800
Source: Public Records

Agents Affiliated with this Home

  • Krisanne Colby Calhoun

    Seller's Agent in 2017

    Krisanne Colby Calhoun

    Simply Better Realty, LLC

    (515) 988-8038

    45 Total Sales

    Krisanne Colby Calhoun
    Section Image

  • S

    Buyer's Agent in 2017

    Scott Seyler

    VIA Group, REALTORS

See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 538957

Des Moines Area Association of REALTORS®

APN: 040-00614008000

Iowa Polk County Des Moines 50309 East Village

507 E Locust St Unit 204, Des Moines, IA

Not Listed for Sale

Townhouses

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