NOT LISTED FOR SALE

507 E Locust St Unit 305 Des Moines, IA 50309

East Village Neighborhood

Estimated Value: $135,000 - $175,000

1 Bed
1 Bath
538 Sq Ft
$289/Sq Ft Est. Value

Last Sold June 26, 2024

Last sale price $152,000 $283 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,325/month

54 Days on Market

Highlights

  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • 3-minute walk to The People's Plaza
  • Tile Flooring

About This Home

As of June 2024

Experience urban living at its finest in this charming East Village condo! Nestled in the heart of Downtown Des Moines, this historic building seamlessly blends character with modern convenience. The stunning exposed brick wall adds timeless appeal to the open-concept living space. The nicely updated condo features modern amenities with an updated kitchen and massive windows that overlook the Downtown skyline. Step outside and you're just moments away from an array of restaurants, bars, coffee shops, and boutique shopping. Enjoy easy access to cultural hotspots and entertainment venues, making every day an adventure. Embrace the best of city life in this unique condo with all the amenities you need for comfortable living. Don't miss this incredible opportunity to own a piece of Des Moines' vibrant history!

Last Agent to Sell the Property

Steve Stych

RE/MAX Concepts Listed on: 04/18/2024

RE/MAX Concepts

Last Buyer's Agent

Jayme Goodrich

RE/MAX Concepts

RE/MAX Concepts

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,756

Year Built

  • Built in 1900

HOA Fees

  • $276 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • 538 Sq Ft Home
  • Brick Exterior Construction
  • Rubber Roof

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Bathroom

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 04000614019000

Community Details

Overview

  • Stanbrough Realty Association, Phone Number (515) 334-3345

Recreation

  • Snow Removal

Pet Policy

  • Breed Restrictions

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,756

Year Built

Built in 1900

Lot Details

0

HOA Fees

$276 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 306.69
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 282.53
  • Termite: Follow Showing Instructions
  • Unit: 305
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Carpeting, Fire Alarm, Laminate Floors, 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: 538
  • Total Sq Ft: 538

Exterior Features

  • Exterior: Brick
  • Roof: Rubber
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete

Utilities

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

Association/Amenities

  • Amenities: Pet Restrictions, Snow Removal
  • HOA Name: Capitol Village Lofts
  • Management Firm: Stanbrough Realty
  • Management Firm Phone: (515) 334-3345

Condo/Co-op/Association

  • Association Fee: 275.9000
  • 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: 04000614019000
  • Zoning: DX2

Rental Info

  • Rent Restriction Description: Rentals allowed!

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 2755.99
  • Net Taxes: 2755.99

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2024
Closed on
Jun 24, 2024
Sold by
Vincent Jared and Vincent Heidi
Bought by
J Rock Enterprises Llc
Seller's Agent
Steve Stych
RE/MAX Concepts
Buyer's Agent
Jayme Goodrich
RE/MAX Concepts
List Price
$165,000
Sold Price
$152,000
Premium/Discount to List
-$13,000
-7.88%
Views
45
Current Estimated Value
$155,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,375
Avg. Annual Appreciation
1.70%

Purchase Details

Listed on
Oct 28, 2022
Closed on
Dec 2, 2022
Sold by
Illes Adrian A
Bought by
Vincent Jared and Vincent Heidi
Seller's Agent
Brenda Garrison
Realty ONE Group Impact
Buyer's Agent
Brandi Wright
Realty ONE Group Impact
List Price
$137,000
Sold Price
$132,000
Premium/Discount to List
-$5,000
-3.65%
Views
18

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
Original Mortgage
$135,000
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2008
Sold by
Jensen Patrick Moeller
Bought by
Illes Adrian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,300
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2006
Sold by
East Village Investments Llc
Bought by
Jensen Patrick Moeller

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,411
Interest Rate
6.34%
Mortgage Type
Balloon
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
J Rock Enterprises Llc $152,000 None Listed On Document
Vincent Jared $132,000 --
Illes Adrian A $96,500 Itc
Jensen Patrick Moeller $101,500 Itc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vincent Jared $135,000
Previous Owner Illes Adrian A $87,300
Previous Owner Jensen Patrick Moeller $15,411
Previous Owner Jensen Patrick Moeller $81,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2024 06/26/24 Sold $152,000 -7.9% $283 / Sq Ft
06/11/2024 06/11/24 Pending -- -- --
04/18/2024 04/18/24 For Sale $165,000 +25.0% $307 / Sq Ft
12/06/2022 12/06/22 Sold $132,000 -3.6% $245 / Sq Ft View Prior Sale
10/31/2022 10/31/22 Pending -- -- --
10/28/2022 10/28/22 For Sale $137,000 -- $255 / 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 $2,712 $139,900 $3,200 $136,700
2024 $2,712 $137,900 $3,200 $134,700
2023 $2,918 $137,900 $3,200 $134,700
2022 $2,896 $123,800 $2,900 $120,900
2021 $2,686 $123,800 $2,900 $120,900
2020 $2,790 $107,600 $2,500 $105,100
2019 $2,322 $107,600 $2,500 $105,100
2018 $2,298 $86,400 $2,300 $84,100
2017 $2,462 $86,400 $2,300 $84,100
2016 $714 $91,000 $2,400 $88,600
2015 $714 $91,000 $2,400 $88,600
2014 $678 $91,000 $2,400 $88,600
Source: Public Records

Agents Affiliated with this Home

  • Steve Stych

    Seller's Agent in 2024

    Steve Stych

    RE/MAX

    (515) 518-8538

    2 in this area

    55 Total Sales

    Steve Stych
    Section Image
  • Jayme Goodrich

    Buyer's Agent in 2024

    Jayme Goodrich

    RE/MAX

    (515) 707-5626

    1 in this area

    105 Total Sales

    Jayme Goodrich
    Section Image
  • Brenda Garrison

    Seller's Agent in 2022

    Brenda Garrison

    Realty ONE Group Impact

    (515) 240-3238

    1 in this area

    64 Total Sales

    Brenda Garrison
    Section Image

  • B

    Buyer's Agent in 2022

    Brandi Wright

    Realty ONE Group Impact

    (515) 314-0786

    2 in this area

    48 Total Sales

    Brandi Wright
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 693514

Des Moines Area Association of REALTORS®

APN: 040-00614019000

Iowa Polk County Des Moines 50309 East Village

507 E Locust St Unit 305, Des Moines, IA

This home is located at 507 E Locust St Unit 305, Des Moines, IA 50309 since 18 April 2024 and is currently estimated at $155,375, approximately $288 per square foot. This property was built in 1900. 507 E Locust St Unit 305 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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