NOT LISTED FOR SALE

Estimated Value: $4,499,000

2 Beds
2 Baths
850 Sq Ft
$5,293/Sq Ft Est. Value

About This Home

Welcome to our recently updated apartments, conveniently located in the heart of Des Moines, IA. These apartments offer a blend of comfort, style, and convenience. With 24-hour emergency maintenance, you can rest easy knowing that help is always just a call away. The on-site coin-operated laundry facilities make laundry day a breeze (select units have W/D included), while the off-street parking provides an added layer of convenience. Each unit comes with air conditioning to keep you cool during those hot summer months. Select units also feature a patio or balcony, perfect for enjoying a breath of fresh air without leaving the comfort of your home. The apartments are ideally located near bus stops and public transportation, making your daily commute easier than ever. For those who love the outdoors, city parks are just a stone's throw away. Dining and grocery options are also nearby, making meal planning and eating out a cinch. Each apartment comes with appliances included, taking one more thing off your moving checklist. We understand that a home isn't complete without your furry friends, which is why we are a pet-friendly community. Lawn and snow services are provided, so you can enjoy a well-maintained outdoor space without the hassle. The apartments are also conveniently located near schools and shopping centers, making it the perfect location for all your needs. With these recent updates, these apartments are more than just a place to live - they're a place to thrive. Come and experience the convenience and comfort of our apartments today.

Water, sewer and trash $80/month, $60/month internet, $10/month per vehicle
parking.

Special!!! Half off first and second month with move in by November, 1st 2025 and a 18 month lease signing.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2025
Sold by
Vareco 3120 Douglas Llc and Vareco 3120 Douglas Tic Llc
Bought by
Birch Apartment Llc
Current Estimated Value
$4,499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,700,000
Outstanding Balance
$4,692,057
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
-$193,057

Purchase Details

Closed on
Jul 16, 2024
Sold by
Vareco 3120 Douglas Llc and Vareco 3120 Douglas Tic Llc
Bought by
City Of Des Moines Iowa

Purchase Details

Closed on
Dec 20, 2022
Sold by
Douglas Terrace Apartments Llc
Bought by
Vareco 3120 Douglas Llc and Vareco 3120 Douglas Tic Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,320,000
Interest Rate
6.49%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 7, 2018
Sold by
Ames Steven and Ames Doris
Bought by
Douglas Terrace Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 30, 2015
Sold by
Ames Yolanda
Bought by
Ames Steven and Ames Steven R

Purchase Details

Closed on
May 5, 2009
Sold by
Douglas Terrace Inc
Bought by
Ames Steven and Ames Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,360,000
Interest Rate
4.83%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Birch Apartment Llc $6,125,000 None Listed On Document
Birch Apartment Llc $6,125,000 None Listed On Document
City Of Des Moines Iowa $2,000 None Listed On Document
Vareco 3120 Douglas Llc $4,240,000 --
Douglas Terrace Apartments Llc $2,950,000 None Available
Ames Steven -- None Available
Ames Steven $100,000 Itc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Birch Apartment Llc $4,700,000
Closed Birch Apartment Llc $4,700,000
Previous Owner Vareco 3120 Douglas Llc $4,320,000
Previous Owner Douglas Terrace Apartments Llc $4,000,000
Previous Owner Ames Steven $1,360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/05/2026 04/05/26 Off Market $1,015 -- --
03/02/2026 03/02/26 Price Changed $1,015 +13.2% $1 / Sq Ft
02/26/2026 02/26/26 Price Changed $897 -11.6% $1 / Sq Ft
02/24/2026 02/24/26 Price Changed $1,015 +13.2% $1 / Sq Ft
01/22/2026 01/22/26 Price Changed $897 -11.6% $1 / Sq Ft
01/01/2026 01/01/26 Price Changed $1,015 -4.7% $1 / Sq Ft
12/30/2025 12/30/25 Price Changed $1,065 +19.0% $1 / Sq Ft
08/26/2025 08/26/25 Price Changed $895 -14.8% $1 / Sq Ft
07/24/2025 07/24/25 Price Changed $1,050 +8.8% $1 / Sq Ft
07/24/2025 07/24/25 Price Changed $965 +7.8% $1 / Sq Ft
07/10/2025 07/10/25 For Rent $895 -- --

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 $70,820 $3,600,000 $462,000 $3,138,000
2023 $69,054 $3,600,000 $462,000 $3,138,000
2022 $80,708 $2,930,000 $386,000 $2,544,000
2021 $71,666 $2,930,000 $386,000 $2,544,000
2020 $80,494 $2,400,000 $351,000 $2,049,000
2019 $70,472 $2,400,000 $351,000 $2,049,000
2018 $74,954 $1,990,000 $350,900 $1,639,100
2017 $70,538 $1,990,000 $350,900 $1,639,100
2016 $73,546 $1,800,000 $292,000 $1,508,000
2015 $73,546 $1,800,000 $292,000 $1,508,000
2014 $71,546 $1,600,000 $292,000 $1,308,000
Source: Public Records

Map

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