NOT LISTED FOR SALE

507 E Locust St Unit 206 Des Moines, IA 50309

East Village Neighborhood

Estimated Value: $167,000 - $246,000

1 Bed
1 Bath
717 Sq Ft
$271/Sq Ft Est. Value

Last Sold May 19, 2017

Last sale price $165,000 $230 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,559/month

219 Days on Market

Highlights

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

About This Home

As of May 2017

Capitol Village Lofts located in the heart of Historic East Village offers all the charm of true urban living. This historic warehouse was renovated in 2005 by ST Howard Development that also renovated the first floor of the Brown Camp Lofts, the Tones Building, East Village Court Lofts and e5w lofts. 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 loft has 14 foot ceilings, windows from floor to ceiling, exposed brick and wood floors. Enjoy association dues that are lower than most of the loft buildings Downtown. A parking space is included. This is a pet friendly environment!

Last Agent to Sell the Property

Lisa Howard

LPT Realty, LLC Listed on: 10/11/2016

LPT Realty, LLC

Last Buyer's Agent

Sherry Sadler

RE/MAX Concepts

RE/MAX Concepts

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,109

Year Built

  • Built in 1900

HOA Fees

  • $239 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof

Interior Spaces

  • 717 Sq Ft Home
  • Shades
  • Family Room
  • Dining Area
  • Laundry on main level
  • Unfinished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Security

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 04000614010000

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

$3,109

Year Built

Built in 1900

Lot Details

0

HOA Fees

$239 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 244.07
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 230.13
  • Termite: Call Listing Agent
  • Unit: 206
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, Hardwood Floors, Laminate Floors, Shades/Shutters, Smoke Detector
  • Total Bathrooms: 1.00
  • Partial Bath Total: 1
  • Partial Bath Lower: 1
  • Basement Description: Unfinished
  • Dining Room: Dining Areas
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 717
  • Total Sq Ft: 717

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Detached

Utilities

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

Association/Amenities

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

Condo/Co-op/Association

  • Association Fee: 239.0000
  • 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: 04000614010000
  • Zoning: DMC1

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 3109.00
  • Net Taxes: 3109.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2025
Sold by
Kern Matthew D
Bought by
Matthew David Kern 2023 Revocable Trust
Current Estimated Value
$193,955

Purchase Details

Closed on
Mar 8, 2025
Sold by
Maas Holdings Llc
Bought by
Kern Matthew D

Purchase Details

Listed on
Oct 11, 2016
Closed on
May 16, 2017
Sold by
Yamamoto Masao
Bought by
Mohin Arti and Mohin Sunil
Seller's Agent
Lisa Howard
LPT Realty, LLC
Buyer's Agent
Sherry Sadler
RE/MAX Concepts
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.94%

Purchase Details

Closed on
Nov 18, 2011
Sold by
Bell Sheilah M
Bought by
Yamamoto Masao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,168
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 30, 2005
Sold by
East Village Investments Llc
Bought by
Bell Sheilah M and Bell Phyllis R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,800
Interest Rate
5.87%
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
Matthew David Kern 2023 Revocable Trust -- None Listed On Document
Matthew David Kern 2023 Revocable Trust -- None Listed On Document
Kern Matthew D -- None Listed On Document
Kern Matthew D -- None Listed On Document
Mohin Arti -- None Available
Yamamoto Masao $124,500 None Available
Bell Sheilah M $141,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yamamoto Masao $68,168
Previous Owner Bell Sheilah M $127,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2017 05/19/17 Sold $165,000 -5.7% $230 / Sq Ft
05/18/2017 05/18/17 Pending -- -- --
10/11/2016 10/11/16 For Sale $175,000 -- $244 / 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 $3,502 $180,700 $4,200 $176,500
2024 $3,502 $178,000 $4,100 $173,900
2023 $3,886 $178,000 $4,100 $173,900
2022 $3,856 $164,900 $3,700 $161,200
2021 $3,578 $164,900 $3,700 $161,200
2020 $3,718 $143,400 $3,200 $140,200
2019 $3,008 $143,400 $3,200 $140,200
2018 $2,976 $111,900 $3,000 $108,900
2017 $3,192 $111,900 $3,000 $108,900
2016 $1,201 $118,000 $3,200 $114,800
2015 $980 $118,000 $3,200 $114,800
2014 $932 $118,000 $3,200 $114,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Lisa Howard

    LPT Realty, LLC

    (515) 490-6454

    6 in this area

    31 Total Sales

    Lisa Howard
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 527082

Des Moines Area Association of REALTORS®

APN: 040-00614010000

Iowa Polk County Des Moines 50309 East Village

507 E Locust St Unit 206, Des Moines, IA

This home is located at 507 E Locust St Unit 206, Des Moines, IA 50309 since 11 October 2016 and is currently estimated at $193,955, approximately $270 per square foot. This property was built in 1900. 507 E Locust St Unit 206 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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