NOT LISTED FOR SALE

507 E Locust St Unit 304 Des Moines, IA 50309

East Village Neighborhood

Estimated Value: $167,000 - $186,132

-- Bed
1 Bath
714 Sq Ft
$250/Sq Ft Est. Value

Last Sold March 16, 2022

Last sale price $155,000 $217 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,550/month

306 Days on Market

Highlights

  • Modern Architecture
  • Forced Air Heating and Cooling System
  • 3-minute walk to The People's Plaza
  • Shades
  • Laundry Facilities

About This Home

As of March 2022

Brick+timber 700+ square foot loft featured on HGTV's "West End Salvage"series. Vibrant location - just steps from the best of the East Village and the Capitol. View downtown from your wall of 10+ foot windows and enjoy the extra light+space that comes with 14+ foot ceilings. Owners have updated the unit with warm LVT wood floors and fresh paint throughout. Open floor plan with enclosed closet, bathroom and utility/storage closet. Bedroom area can easily be partitioned off for additional privacy. Parking space included in the price.

Last Agent to Sell the Property

Rose Green

RE/MAX Concepts Listed on: 05/14/2021

RE/MAX Concepts

Last Buyer's Agent

Daniel Wandling

Real Broker, LLC

Real Broker, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,702

Year Built

  • Built in 1900

HOA Fees

  • $279 Monthly HOA Fees

Home Design

  • Modern Architecture
  • Brick Exterior Construction

Interior Spaces

  • 714 Sq Ft Home
  • Shades
  • Laminate Flooring
  • Unfinished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Home Security

Parking

  • 1 Car Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 04000614018000

Community Details

Overview

  • Stanbrough Realty,Amanda Dinan Association

Recreation

  • Snow Removal

Additional Features

  • Laundry Facilities
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,702

Year Built

Built in 1900

Lot Details

0

HOA Fees

$279 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Architecture: Modern
  • Lp Amt Sq Ft: 229.55
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 217.09
  • Termite: Follow Showing Instructions
  • Unit: 304
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Laminate Floors, Shades/Shutters, Smoke Detector
  • Basement Description: Unfinished
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 714
  • Total Sq Ft: 714

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Garage Parking Stalls: 1

Utilities

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

Association/Amenities

  • Amenities: Community Laundry, Snow Removal
  • HOA Name: Capitol Village Lofts
  • Management Firm: Stanbrough Realty,Amanda Dinan
  • Management Firm Phone: 308-7792

Condo/Co-op/Association

  • Association Fee: 279.0000
  • 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: 04000614018000
  • Zoning: DX2

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 3702.00
  • Net Taxes: 3870.00
  • Tax Year: 2019

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Mar 9, 2022
Sold by
Vermeer Insurance Agency Inc
Bought by
Jordan Claudia
Seller's Agent
Rose Green
RE/MAX Concepts
Buyer's Agent
Daniel Wandling
Real Broker, LLC
List Price
$163,900
Sold Price
$155,000
Premium/Discount to List
-$8,900
-5.43%
Current Estimated Value
$178,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,283
Avg. Annual Appreciation
3.90%
Original Mortgage
$139,500
Outstanding Balance
$131,286
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$45,373

Purchase Details

Closed on
Feb 5, 2008
Sold by
Northwest Iowa Development Llc
Bought by
Vermeer Insurance Agency Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,800
Interest Rate
5.9%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Jordan Claudia $155,000 None Listed On Document
Vermeer Insurance Agency Inc $148,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Claudia $139,500
Previous Owner Vermeer Insurance Agency Inc $126,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Pending -- -- --
03/16/2022 03/16/22 Sold $155,000 -5.4% $217 / Sq Ft
02/02/2022 02/02/22 For Sale $163,900 +5.7% $230 / Sq Ft
02/01/2022 02/01/22 Off Market $155,000 -- --
10/04/2021 10/04/21 Price Changed $163,900 0.0% $230 / Sq Ft
10/04/2021 10/04/21 For Sale $163,900 +5.7% $230 / Sq Ft
10/01/2021 10/01/21 Off Market $155,000 -- --
05/14/2021 05/14/21 For Sale $165,000 -- $231 / 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 $3,598 $182,900 $4,100 $178,800
2023 $3,870 $182,900 $4,100 $178,800
2022 $3,840 $164,200 $3,700 $160,500
2021 $3,564 $164,200 $3,700 $160,500
2020 $3,702 $142,800 $3,200 $139,600
2019 $3,080 $142,800 $3,200 $139,600
2018 $3,048 $114,600 $3,000 $111,600
2017 $3,268 $114,600 $3,000 $111,600
2016 $950 $120,800 $3,200 $117,600
2015 $950 $120,800 $3,200 $117,600
2014 $904 $120,800 $3,200 $117,600
Source: Public Records

Agents Affiliated with this Home

  • Rose Green

    Seller's Agent in 2022

    Rose Green

    RE/MAX

    (515) 279-6700

    2 in this area

    132 Total Sales

    Section Image
  • Daniel Wandling

    Buyer's Agent in 2022

    Daniel Wandling

    Real Broker, LLC

    (515) 451-3702

    2 in this area

    91 Total Sales

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 629187

Des Moines Area Association of REALTORS®

APN: 040-00614018000

Iowa Polk County Des Moines 50309 East Village

507 E Locust St Unit 304, Des Moines, IA

This home is located at 507 E Locust St Unit 304, Des Moines, IA 50309 since 14 May 2021 and is currently estimated at $178,283, approximately $249 per square foot. This property was built in 1900. 507 E Locust St Unit 304 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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