NOT LISTED FOR SALE

507 E Locust St Unit 308 Des Moines, IA 50309

East Village Neighborhood

Estimated Value: $157,000 - $191,000

1 Bed
1 Bath
635 Sq Ft
$269/Sq Ft Est. Value

Sale Details

Date Sold: August 27, 2025

Last sale price $169,500 $267 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,456 / mo

48 Days on Market

Highlights

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

About This Home

As of August 2025

Located in the heart of the East Village, this top-floor condo offers a perfect blend of historic charm and modern comfort. With original exposed brick, oversized windows, and sleek new LVP flooring, the space feels both warm and contemporary. Step out onto your large private balcony, ideal for relaxing or entertaining, and enjoy sweeping views of the neighborhood. Inside, the open layout features a renovated tiled shower and plenty of natural light. One of the rare downtown units with dedicated parking, you'll never have to search for a spot again. Just steps from Des Moines' best bars, restaurants, and entertainment, this one-bedroom, one-bath condo is made for those who want to fully embrace city living without the hassle. HOA covers trash, lawn care, snow removal, and exterior maintenance, making it an excellent low-maintenance option for frequent travelers or first-time buyers.

Last Agent to Sell the Property

Steve Stych

RE/MAX Concepts Listed on: 06/17/2025

RE/MAX Concepts

Last Buyer's Agent

Meghan O'Brien

Realty ONE Group Impact

Realty ONE Group Impact

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,274

Year Built

  • Built in 1900

HOA Fees

  • $252 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 635 Sq Ft Home
  • Shades
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Bathroom

Home Security

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 04000614022000

Community Details

Overview

  • Front Yard Maintenance
  • Stanbrough Realty Association
  • On-Site Maintenance

Recreation

  • Snow Removal

Pet Policy

  • Breed Restrictions

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,274

Year Built

Built in 1900

HOA Fees

$252 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 283.46
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 266.93
  • Unit: 308
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Shades/Shutters, Smoke Detector, Tile Floors, Vinyl 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: 635
  • Total Sq Ft: 635

Exterior Features

  • Exterior: Brick
  • Exterior Features: Deck
  • 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
  • HOA Name: Capitol Village Lofts
  • Management Firm: Stanbrough Realty

Condo/Co-op/Association

  • Association Fee: 252.0000
  • 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: 04000614022000
  • Zoning: DX2

Rental Info

  • Rent Restriction Description: Rentals are allowed, but they must be for a minimum of a 3-month lease agreement.

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 3274.00
  • Net Taxes: 3274.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2025
Closed on
Aug 26, 2025
Sold by
Dwell 515 Llc
Bought by
White Kathleen
Seller's Agent
Steve Stych
RE/MAX Concepts
Buyer's Agent
Meghan O'Brien
Realty ONE Group Impact
List Price
$185,000
Sold Price
$169,500
Premium/Discount to List
-$15,500
-8.38%
Views
28
Current Estimated Value
$170,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,226
Avg. Annual Appreciation
0.97%

Purchase Details

Closed on
Apr 22, 2022
Sold by
Vincent and Heidi
Bought by
Dwell 515 Llc

Purchase Details

Listed on
May 10, 2021
Closed on
Jun 29, 2021
Sold by
Talcott Kenneth and Talcott Cathy
Bought by
Vincent Jared and Vincent Heidi
Seller's Agent
B.J. Knapp
Iowa Realty Mills Crossing
Buyer's Agent
Brandi Wright
Realty ONE Group Impact
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.33%
Original Mortgage
$144,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2018
Sold by
Talcott Kenneth and Talcott Cathy
Bought by
Ghazali Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,178
Interest Rate
5%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Oct 11, 2012
Sold by
Wolfe Julia
Bought by
Talcott Kenneth W and Talcott Cathy J

Purchase Details

Closed on
Sep 15, 2005
Sold by
East Village Investments Llc
Bought by
Talcott Kenneth W and Talcott Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,400
Interest Rate
5.25%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
White Kathleen $169,500 None Listed On Document
White Kathleen $169,500 None Listed On Document
Dwell 515 Llc -- None Listed On Document
Vincent Jared $160,000 None Available
Ghazali Mario $153,000 None Available
Talcott Kenneth W -- None Available
Talcott Kenneth W $135,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Vincent Jared $144,000
Previous Owner Ghazali Mario $152,178
Previous Owner Talcott Kenneth W $122,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2025 08/27/25 Sold $169,500 -5.8% $267 / Sq Ft
08/04/2025 08/04/25 Pending -- -- --
07/14/2025 07/14/25 Price Changed $180,000 -2.7% $283 / Sq Ft
06/17/2025 06/17/25 For Sale $185,000 +15.6% $291 / Sq Ft
07/01/2021 07/01/21 Sold $160,000 -3.0% $252 / Sq Ft View Prior Sale
07/01/2021 07/01/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $165,000 -- $260 / Sq Ft
Source: Des Moines Area Association of REALTORS®

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 $3,362 $173,500 $3,700 $169,800
2024 $3,362 $170,900 $3,600 $167,300
2023 $3,616 $170,900 $3,600 $167,300
2022 $3,588 $153,400 $3,200 $150,200
2021 $3,328 $153,400 $3,200 $150,200
2020 $3,458 $133,400 $2,800 $130,600
2019 $2,962 $133,400 $2,800 $130,600
2018 $2,932 $110,200 $2,600 $107,600
2017 $3,140 $110,200 $2,600 $107,600
2016 $844 $116,100 $2,700 $113,400
2015 $844 $116,100 $2,700 $113,400
2014 $802 $116,100 $2,700 $113,400
Source: Public Records

Agents Affiliated with this Home

  • Steve Stych

    Seller's Agent in 2025

    Steve Stych

    RE/MAX

    (515) 518-8538

    2 in this area

    62 Total Sales

    Steve Stych
    Section Image
  • Meghan O'Brien

    Buyer's Agent in 2025

    Meghan O'Brien

    Realty ONE Group Impact

    (515) 554-5312

    1 in this area

    109 Total Sales

    Meghan O'Brien
    Section Image
  • B.J. Knapp

    Seller's Agent in 2021

    B.J. Knapp

    Iowa Realty Mills Crossing

    (515) 669-5952

    1 in this area

    146 Total Sales

    B.J. Knapp
    Section Image

  • B

    Buyer's Agent in 2021

    Brandi Wright

    Realty ONE Group Impact

    (515) 314-0786

    3 in this area

    43 Total Sales

    Brandi Wright
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 720447

Des Moines Area Association of REALTORS®

APN: 040-00614022000

Iowa Polk County Des Moines 50309 East Village

507 E Locust St Unit 308, Des Moines, IA

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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