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Sold for $235,000
    • $235,000

    118 Water St APT 125, Des Moines, IA 50309

    1beds
    1,271sqft
    Townhouse, Condominium, Multi Family, Apartment
    Built in 2002
    -- sqft lot
    $235,000 Zestimate®
    $185/sqft
    $2,150 Estimated rent

    Home value

    $235,000

    $223,000 - $247,000

    $2,150/mo

    Zestimate® history
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    What's special

    Immaculate ground-floor condoOpen light-filled layoutGranite countertopsCustom gallery lightingEnergy-efficient cellular shadesStunning modern updates throughoutSouth-facing windows
    Experience effortless downtown living at 118 Water St #125, an immaculate ground-floor condo w/ direct zero-entry access from the garage. No stairs to navigate, making it perfectly suited for aging in place, downsizing, or anyone prioritizing seamless accessibility (ideal for in-home care or mobility needs). This spacious 1,270 sq ft, 1-bedroom, 1.5-bath unit features stunning modern updates throughout, including custom gallery lighting, granite countertops, a stainless steel apron-front farmhouse single-basin sink, & a wine fridge. Enjoy an open, light-filled layout w/ south-facing windows & energy-efficient cellular shades for privacy. Did I mention the 10-foot ceilings OR in-unit laundry? The massive primary suite (12.9" x 22.10") has 3 separate closets, including a walk-in, ALL w/ organizers. Pet-friendly building & low-maintenance living w/ association dues of $576/month covering all the basics like water, trash, parking, extra storage, & building maintenance. Secured entry & heated underground parking ensure year-round convenience & safety. ALL mechanicals have been updated! Furnace ('24) with whole-house humidifier, A/C ('19), & water heater ('24). Just steps outside to the heart of ALL Des Moines has to offer: skywalk access, top restaurants, the farmers market, nightlife, & scenic river trails. Don't miss this rare gem in one of the Midwest's fastest-growing metros! ALL appliances stay, including washer & dryer. Two-year average for electric & gas is $106 per month

    Zillow last checked:

    Listing updated:

    Listed by:

    Char Klisares (515)967-5424,

    RE/MAX Concepts

    Bought with:

    Lance Martinson

    RE/MAX Revolution

    Source: DMMLS,MLS#: 733270MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    • Main level bedrooms: 1
    Heating
    • Forced Air, Gas, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Microwave, Refrigerator, See Remarks, Stove, Wine Cooler, Washer
    • Laundry: Main Level
    Features
    • Dining Area, Eat-in Kitchen, See Remarks, Window Treatments
    • Flooring: Tile
    Interior area
    • Total structure area: 1,271
    • Total interior livable area: 1,271 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Garage, One Car Garage
    • Attached garage spaces: 1
    Features
    • Stories: 1
    Details
    • Parcel number: 02694012000 & 02694073000
    • Zoning: DXR

    Construction

    Type & style
    • Home type: Condo
    • Architectural style: Ranch
    • Property subtype: Townhouse, Condominium, Multi Family, Apartment
    • Attached to another structure: Yes
    Materials
    • Brick
    • Foundation: Poured, Slab
    • Roof: See Remarks
    Condition
    • Year built: 2002
    Details
    • Warranty included: Yes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Playground, Storage Facilities, Snow Removal, See Remarks
    • Security: Security System, Fire Alarm, Smoke Detector(s)
    HOA
    • Has HOA: Yes
    • Services included: Maintenance Grounds, Maintenance Structure, Snow Removal, See Remarks, Security, Trash
    • HOA fee: $576 monthly
    • HOA name: Water Street Brownstones
    • Second HOA name: Sentry Management
    • Second HOA phone: 515-222-3699
    Location
    • Region: Des Moines

    Financial & listing details

    • Price per square foot: $185/sqft
    • Tax assessed value: $216,200
    • Annual tax amount: $4,334
    • Date on market: 1/22/2026
    • Cumulative days on market: 231 days
    • Listing terms: Cash,Conventional,See Remarks
    • Road surface type: Concrete

    Price history

    DateEventPrice
    4/17/2026Sold$235,000-6%$185/sqft
    Source: DMMLS #733270 Report a problem
    3/23/2026Pending sale$250,000$197/sqft
    Source: DMMLS #733270 Report a problem
    2/5/2026Price change$250,000-9.1%$197/sqft
    Source: DMMLS #733270 Report a problem
    1/22/2026Listed for sale$275,000+3.5%$216/sqft
    Source: DMMLS #733270 Report a problem
    12/24/2025Listing removed$265,750$209/sqft
    Source: NextHome #720680 Report a problem
    10/20/2025Price change$265,750-5.1%$209/sqft
    Source: DMMLS #720680 Report a problem
    10/1/2025Price change$279,995-1.8%$220/sqft
    Source: DMMLS #720680 Report a problem
    8/29/2025Price change$284,9950%$224/sqft
    Source: DMMLS #720680 Report a problem
    8/6/2025Price change$285,000-1.7%$224/sqft
    Source: DMMLS #720680 Report a problem
    6/23/2025Listed for sale$290,000+9.4%$228/sqft
    Source: DMMLS #720680 Report a problem
    7/1/2022Sold$265,000-3.6%$208/sqft
    Source: DMMLS #645646 Report a problem
    5/14/2022Pending sale$275,000$216/sqft
    Source: DMMLS #645646 Report a problem
    3/28/2022Price change$275,000-4.8%$216/sqft
    Source: DMMLS #645646 Report a problem
    3/4/2022Price change$289,000-3.3%$227/sqft
    Source: DMMLS #645646 Report a problem
    2/11/2022Listed for sale$299,000+48%$235/sqft
    Source: DMMLS #645646 Report a problem
    4/12/2017Sold$202,000-3.8%$159/sqft
    Source: DMMLS #532362 Report a problem
    3/20/2017Pending sale$209,900$165/sqft
    Source: RE/MAX Real Estate Concepts #532362 Report a problem
    3/2/2017Price change$209,900-6.7%$165/sqft
    Source: RE/MAX Real Estate Concepts #532362 Report a problem
    2/15/2017Price change$225,000-6.2%$177/sqft
    Source: RE/MAX Real Estate Concepts #532362 Report a problem
    2/11/2017Listed for sale$239,900+26.3%$189/sqft
    Source: RE/MAX Real Estate Concepts #532362 Report a problem
    11/6/2013Sold$189,950-5%$149/sqft
    Source: Public Record Report a problem
    8/30/2012Listing removed$199,990$157/sqft
    Source: Iowa Realty Co., Inc. #393206 Report a problem
    6/16/2012Price change$199,990-9.1%$157/sqft
    Source: Iowa Realty Co., Inc. #393206 Report a problem
    11/29/2011Listed for sale$220,000+2.6%$173/sqft
    Source: Iowa Realty Co., Inc. #393206 Report a problem
    9/26/2007Sold$214,500+1000%$169/sqft
    Source: Public Record Report a problem
    2/3/2006Sold$19,500-90.2%$15/sqft
    Source: Public Record Report a problem
    12/6/2004Sold$198,500$156/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,134 +2.1%$216,200
    2024$4,048 -11.5%$216,200
    2023$4,574 +5.6%$216,200 +11.4%
    2022$4,330 -9.4%$194,100
    2021$4,778 -3.7%$194,100 -3%
    2020$4,960 +2.4%$200,100
    2019$4,846 +1.2%$200,100 +6%
    2018$4,790 $188,800
    2017$4,790 +10.6%$188,800 +9.1%
    2016$4,330 $173,000
    2015$4,330 +1815.9%$173,000 -1.5%
    2014$226 $175,700
    2013-- $175,700
    2012-- $175,700
    2011-- $175,700 -7%
    2010-- $188,900
    2009-- $188,900 +4.6%
    2008-- $180,600
    2007-- $180,600 +2.6%
    2006-- $176,000
    2005-- $176,000
    Find assessor info on the county website

    Neighborhood: Downtown Des Moines

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    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Des Moines Independent

    Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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