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Off market
  • $132,800

    507 E Locust St Unit 205, Des Moines, IA 50309

    0beds
    1baths
    539sqft
    Apartment
    Built in 1900
    -- sqft lot
    $132,800 Zestimate®
    $246/sqft
    $996 Estimated rent

    Home value

    $132,800

    $122,000 - $143,000

    $996/mo

    Zestimate® history
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    $907/mo

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    What's special

    Historical buildingBike pathsStreaming servicesHigh speed internetCoffee shops

    Enjoy living in this beautiful furnished pet-friendly loft located in the heart of East Village in downtown Des Moines! Located in a historical building with newly renovated wood flooring, this high-end loft is within walking distance to the best restaurants, bars and coffee shops in downtown Des Moines. Rental availability in the East Village neighborhood is few and far between and this particular unit has only been rented to one tenant since the owner purchased the loft in 2020. There is not assigned parking but there is plenty of free overnight street parking within 2 blocks. There's also a Schwinn bike for you to cruise around the city and explore the parks, bike paths, breweries and much more. There is a 30 day minimum rental but owner could make an exception on a case by case basis. First and last month's rent are due at signing for rentals that are 12 months or more. Tenant pays for gas and electric. Owner pays for high speed internet, streaming services (i.e. Netflix, Peacock TV, Paramount Plus), water and trash. Community washer and dryer is located in the building and free to use. Only 1 pet allowed. Owner has right to terminate lease immediately if other homeowners and renters in the building report noise disturbances or aggressive behavior from pet. NO SMOKING. No assigned parking but plenty of free overnight street parking nearby. Two of the windows in the unit (two most Southernly facing windows) do not open but the unit has very efficient heating and cooling.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 0
    • Bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Other
    Appliances
    • Included: Dishwasher
    Features
    • Flooring: Hardwood
    • Furnished: Yes
    Interior area
    • Total interior livable area: 539 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Exterior features: Brick
    Details
    • Parcel number: 04000614009000

    Construction

    Type & style
    • Home type: Apartment
    Condition
    • Year built: 1900

    Community & HOA

    Community
    • Features: On Site Laundry Available
    HOA
    • Has HOA: Yes
    • HOA fee: $178 monthly
    Location
    • Region: Des Moines

    Financial & listing details

    • Price per square foot: $246/sqft
    • Tax assessed value: $140,100
    • Annual tax amount: $2,398

    Price history

    DateEventPrice
    10/18/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    10/11/2022Price change$2,095-6.9%$4/sqft
    Source: Zillow Rental Manager Report a problem
    9/17/2022Listed for rent$2,250$4/sqft
    Source: Zillow Rental Manager Report a problem
    7/31/2020Sold$134,000-6.9%$249/sqft
    Source: DMMLS #607438 Report a problem
    6/19/2020Pending sale$144,000$267/sqft
    Source: Coldwell Banker Mid America #607438 Report a problem
    6/15/2020Listed for sale$144,000+4.7%$267/sqft
    Source: Coldwell Banker Mid America #607438 Report a problem
    2/1/2020Listing removed$137,500$255/sqft
    Source: Owner Report a problem
    8/19/2019Price change$137,500-6.8%$255/sqft
    Source: Owner Report a problem
    8/4/2019Price change$147,500-4.2%$274/sqft
    Source: Owner Report a problem
    8/2/2019Listed for sale$153,900$286/sqft
    Source: Owner Report a problem
    7/30/2019Pending sale$153,900$286/sqft
    Source: Owner Report a problem
    7/19/2019Listed for sale$153,900+43.8%$286/sqft
    Source: Owner Report a problem
    5/30/2006Sold$107,000$199/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,398 +2.4%$140,100 +1.4%
    2024$2,342 -11.1%$138,100
    2023$2,634 +0.9%$138,100 +11.4%
    2022$2,610 +5.4%$124,000
    2021$2,476 -3.5%$124,000 +15%
    2020$2,566 +26%$107,800
    2019$2,036 +1.3%$107,800 +27.9%
    2018$2,010 $84,300
    2017$2,010 +297.2%$84,300 -5.1%
    2016$506 $88,800
    2015$506 +13.5%$88,800
    2014$446 $88,800
    2013-- $88,800 -8.9%
    2012-- $97,500
    2011-- $97,500 -7%
    2010-- $104,800
    2009-- $104,800 +4.6%
    2008-- $100,200
    2007-- $100,200 +3.3%
    2006-- $97,020
    Find assessor info on the county website

    Neighborhood: East Village

    Nearby schools

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

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

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    $132,800
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    +$2,656
    With Zillow Showcase(estimated)
    $135,456