NOT LISTED FOR SALE

507 E Locust St Unit 210 Des Moines, IA 50309

East Village Neighborhood

Estimated Value: $238,000 - $295,000

2 Beds
1 Bath
1,184 Sq Ft
$228/Sq Ft Est. Value

Last Sold September 23, 2020

Last sale price $336,500 $284 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $2,308/month

137 Days on Market

Highlights

  • Wood Flooring
  • Shades
  • Security Service
  • Sun or Florida Room
  • Covered Deck
  • 3-minute walk to The People's Plaza

About This Home

As of September 2020

Capitol Village Lofts located in the Historic East Village offers the old warehouse charm that s been converted into a mixed use building with 20 residential lofts on the 2nd & 3rd floors and retail/commercial businesses on the first floor. This two bedroom loft offers an open concept of living space with 14 foot ceilings, brick walls & windows from floor to ceiling that wrap around the corner of the building. Hardwood floors throughout. There have been many improvements. There is a nice size laundry room and pantry. . Enjoy more than 250 square feet of an outdoor covered terrace. This is a pet friendly environment. A parking space is reserved and deeded to this loft with a value of $15,000.

Last Agent to Sell the Property

Lisa Howard

LPT Realty, LLC Listed on: 05/02/2020

LPT Realty, LLC

Last Buyer's Agent

Lisa Howard

LPT Realty, LLC Listed on: 05/02/2020

LPT Realty, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,542

Year Built

  • Built in 2005

HOA Fees

  • $428 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Rubber Roof

Interior Spaces

  • 1,184 Sq Ft Home
  • Shades
  • Dining Area
  • Sun or Florida Room
  • Wood Flooring
  • Home Security System
  • Unfinished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Driveway

Additional Features

  • Covered Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 04000614014000

Community Details

Overview

  • Hubbell Property Management Association
  • Built by ST Howard Develop.
  • The community has rules related to renting

Recreation

  • Snow Removal

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,542

Year Built

Built in 2005

Lot Details

0

HOA Fees

$428 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Homebuilder: ST Howard Develop.
  • Lp Amt Sq Ft: 287.08
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 284.21
  • Termite: Call Listing Agent
  • Unit: 210
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, Hardwood Floors, Security System, Shades/Shutters, Smoke Detector
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Dining Room: Dining Areas
  • Other Rooms: 3 Season, Pantry
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1184
  • Total Sq Ft: 1184

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Detached
  • Garage Parking Stalls: 5

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Electric Forced Air
  • Services: Exterior Maint./Bldg., Insurance, Security Services, Snow Removal, Taxes

Association/Amenities

  • Amenities: Pet Restrictions, Rent Restrictions
  • HOA Name: Capitol Village Lofts
  • Management Firm: Hubbell Property Management

Condo/Co-op/Association

  • Association Fee: 428.3400
  • 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: 04000614014000
  • Zoning: DMC1

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 5541.56
  • Net Taxes: 5541.56

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2020
Closed on
Sep 22, 2020
Sold by
Averill Timothy J and Averill Katherine E
Bought by
Hines Catherine M and Alvarado Matthew
Seller's Agent
Lisa Howard
LPT Realty, LLC
Buyer's Agent
Lisa Howard
LPT Realty, LLC
List Price
$345,000
Sold Price
$336,500
Premium/Discount to List
-$8,500
-2.46%
Current Estimated Value
$270,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$66,268
Avg. Annual Appreciation
-4.24%
Original Mortgage
$269,200
Outstanding Balance
$238,897
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$31,335

Purchase Details

Listed on
Mar 30, 2017
Closed on
Aug 28, 2017
Sold by
Manternach Mitchell E and Manternach Jessica
Bought by
Averill Timothy J and Averill Katherine E
Seller's Agent
Lisa Howard
LPT Realty, LLC
Buyer's Agent
Lisa Howard
LPT Realty, LLC
List Price
$260,000
Sold Price
$245,000
Premium/Discount to List
-$15,000
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%

Purchase Details

Listed on
Nov 9, 2015
Closed on
Mar 2, 2016
Sold by
Johnson James H
Bought by
Manternach Mitchell
Seller's Agent
Martha Lebron-Dykeman
BHHS First Realty Westown
Buyer's Agent
Julie Roethler
BHHS First Realty Westown
List Price
$179,990
Sold Price
$178,990
Premium/Discount to List
-$1,000
-0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.28%
Original Mortgage
$143,190
Interest Rate
3.62%

Purchase Details

Closed on
Oct 14, 2005
Sold by
East Village Investments Llc
Bought by
Johnson Alicia and Johnson James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,600
Interest Rate
5.8%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Hines Catherine M $336,500 None Available
Averill Timothy J -- None Available
Manternach Mitchell -- --
Johnson Alicia $228,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hines Catherine M $269,200
Previous Owner Manternach Mitchell $143,190
Previous Owner Manternach Mitchell --
Previous Owner Johnson Alicia $177,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2020 09/23/20 Sold $336,500 -2.5% $284 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
05/02/2020 05/02/20 For Sale $345,000 +40.8% $291 / Sq Ft
08/31/2017 08/31/17 Sold $245,000 -5.8% $207 / Sq Ft View Prior Sale
08/30/2017 08/30/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $260,000 +45.3% $220 / Sq Ft
02/29/2016 02/29/16 Sold $178,990 -0.6% $151 / Sq Ft View Prior Sale
02/29/2016 02/29/16 Pending -- -- --
11/09/2015 11/09/15 For Sale $179,990 -- $152 / 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 $5,368 $277,000 $7,200 $269,800
2024 $5,368 $272,900 $7,100 $265,800
2023 $5,774 $272,900 $7,100 $265,800
2022 $5,730 $245,000 $6,400 $238,600
2021 $5,318 $245,000 $6,400 $238,600
2020 $5,524 $213,100 $5,600 $207,500
2019 $5,108 $213,100 $5,600 $207,500
2018 $4,826 $190,100 $5,200 $184,900
2017 $5,188 $190,100 $5,200 $184,900
2016 $1,616 $200,300 $5,500 $194,800
2015 $1,616 $200,300 $5,500 $194,800
2014 $1,536 $200,300 $5,500 $194,800
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
  • Martha Lebron-Dykeman

    Seller's Agent in 2016

    Martha Lebron-Dykeman

    BHHS First Realty Westown

    (415) 254-3619

    3 in this area

    194 Total Sales

    Martha Lebron-Dykeman
    Section Image
  • Julie Roethler

    Buyer's Agent in 2016

    Julie Roethler

    BHHS First Realty Westown

    (515) 205-2430

    107 Total Sales

    Julie Roethler
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 604311

Des Moines Area Association of REALTORS®

APN: 040-00614014000

Iowa Polk County Des Moines 50309 East Village

507 E Locust St Unit 210, Des Moines, IA

This home is located at 507 E Locust St Unit 210, Des Moines, IA 50309 since 02 May 2020 and is currently estimated at $270,232, approximately $228 per square foot. This property was built in 2005. 507 E Locust St Unit 210 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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