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Sold for $330,000
  • $330,000

    507 E Locust St Unit 210, Des Moines, IA 50309

    2beds
    1,184sqft
    Townhouse, Condominium
    Built in 1900
    -- sqft lot
    $330,100 Zestimate®
    $279/sqft
    $1,548 Estimated rent

    Home value

    $330,100

    $314,000 - $347,000

    $1,548/mo

    Zestimate® history
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    What's special

    Open-concept layoutNewly updated bathroomWraparound floor-to-ceiling windowsDramatic exposed brickNew kitchen appliance package
    Experience the best of downtown living at Capitol Village Lofts, perfectly positioned in the heart of the Historic East Village—an Airbnb-friendly building allowing short-term rentals, offering exceptional income-producing potential and flexibility for investors or owner-occupants. This boutique mixed-use building features just 20 exclusive residential lofts above a vibrant mix of retail and commercial spaces, blending classic warehouse character with modern urban energy in one of Des Moines’ most desirable rental locations. This stunning 2-bedroom corner loft showcases dramatic exposed brick, soaring 14-foot ceilings, wraparound floor-to-ceiling windows, and hardwood floors that flood the space with natural light—features highly attractive to short-term and long-term renters alike. The open-concept layout includes a newly updated bathroom and new kitchen appliance package, seamlessly combining contemporary comfort with timeless architectural detail. Step outside to over 250 square feet of a covered outdoor terrace, a premium amenity for guests and residents. The building is pet friendly and located just steps from Des Moines’ top restaurants, bars, coffee shops, and downtown attractions, creating strong rental demand and a truly walkable, lock-and-leave lifestyle. A reserved, deeded parking space valued at $25,000 adds additional value and appeal, making this a rare opportunity for effortless, upscale city living and strong investment potential. HWA warranty included!

    Zillow last checked:

    Listing updated:

    Listed by:

    Misty Darling (515)962-5555,

    BH&G Real Estate Innovations

    Bought with:

    Heather Wright

    RE/MAX Concepts

    Source: DMMLS,MLS#: 733276MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 2
    Heating
    • Electric, Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
    • Laundry: Main Level
    Features
    • Dining Area, Cable TV, Window Treatments
    • Flooring: Hardwood, Tile
    • Basement: Unfinished
    Interior area
    • Total structure area: 1,184
    • Total interior livable area: 1,184 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached, Garage, One Car Garage
    • Garage spaces: 1
    Accessibility
    • Accessibility features: Accessible Approach with Ramp
    Features
    • Stories: 1
    • Patio & porch: Covered, Deck
    • Exterior features: Deck, Fire Pit
    Details
    • Parcel number: 04000614014000
    • Zoning: DX2

    Construction

    Type & style
    • Home type: Townhouse
    • Architectural style: Ranch
    • Property subtype: Townhouse, Condominium
    Materials
    • Brick
    • Foundation: Brick/Mortar, Slab
    • Roof: Rubber
    Condition
    • Year built: 1900
    Details
    • Warranty included: Yes

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Security System, Fire Alarm, Smoke Detector(s)
    Location
    • Region: Des Moines

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $428 monthly
    • Services included: Insurance, Maintenance Grounds, Maintenance Structure, Snow Removal, Security, Taxes, Trash
    • Association name: Capitol Village Lofts
    • Second association name: Hubbell Property Management

    Other

    Other facts
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    4/14/2026Sold$330,000-5.7%$279/sqft
    Source: DMMLS #733276 Report a problem
    2/28/2026Pending sale$349,999$296/sqft
    Source: DMMLS #733276 Report a problem
    1/23/2026Listed for sale$349,999+4%$296/sqft
    Source: DMMLS #733276 Report a problem
    5/6/2025Listing removed$2,500$2/sqft
    Source: Zillow Rentals Report a problem
    4/30/2025Listed for rent$2,500$2/sqft
    Source: Zillow Rentals Report a problem
    9/23/2020Sold$336,500-1%$284/sqft
    Source: DMMLS #604311 Report a problem
    8/12/2020Pending sale$339,900$287/sqft
    Source: Coldwell Banker Mid America #604311 Report a problem
    6/25/2020Listed for sale$339,900$287/sqft
    Source: Coldwell Banker Mid America #604311 Report a problem
    6/23/2020Pending sale$339,900$287/sqft
    Source: Coldwell Banker Mid America #604311 Report a problem
    5/29/2020Price change$339,900-1.5%$287/sqft
    Source: Coldwell Banker Mid America #604311 Report a problem
    5/2/2020Listed for sale$345,000+40.8%$291/sqft
    Source: Coldwell Banker Mid America #604311 Report a problem
    8/31/2017Sold$245,000$207/sqft
    Source: DMMLS #536419 Report a problem
    7/17/2017Pending sale$245,000$207/sqft
    Source: Coldwell Banker Mid-America Group, Realtors #536419 Report a problem
    7/6/2017Price change$245,000-2%$207/sqft
    Source: Coldwell Banker Mid-America Group, Realtors #536419 Report a problem
    6/28/2017Price change$250,000-3.8%$211/sqft
    Source: Coldwell Banker Mid-America Group, Realtors #536419 Report a problem
    4/1/2017Listed for sale$260,000+45.3%$220/sqft
    Source: Coldwell Banker Mid-America Group, Realtors #536419 Report a problem
    2/29/2016Sold$178,990-0.6%$151/sqft
    Source: Agent Provided Report a problem
    11/10/2015Listed for sale$179,990-5.2%$152/sqft
    Source: BHHS First Realty #507656 Report a problem
    9/17/2015Listing removed$189,900$160/sqft
    Source: Iowa Realty Co., Inc. #456516 Report a problem
    8/19/2015Price change$189,900-5%$160/sqft
    Source: Iowa Realty Co., Inc. #456516 Report a problem
    6/19/2015Listed for sale$199,950$169/sqft
    Source: Iowa Realty Co., Inc. #456516 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,478 +2%$277,000 +1.5%
    2024$5,368 -7%$272,900
    2023$5,774 +0.8%$272,900 +11.4%
    2022$5,730 +7.7%$245,000
    2021$5,318 -3.7%$245,000 +15%
    2020$5,524 +8.1%$213,100
    2019$5,108 +5.8%$213,100 +12.1%
    2018$4,826 $190,100
    2017$4,826 +198.6%$190,100 -5.1%
    2016$1,616 $200,300
    2015$1,616 +9.2%$200,300
    2014$1,480 $200,300
    2013-- $200,300 -9%
    2012-- $220,100
    2011-- $220,100 -7%
    2010-- $236,700
    2009-- $236,700 +4.6%
    2008-- $226,300
    2007-- $226,300 +3.3%
    2006-- $219,040

    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: 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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