1 month on rocket

118 Water St Unit 122, Des Moines, IA, 50309

$338,000

Home List Price

$4,014*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,564 SqFt
$216/SqFt
Condo

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

118 Water St Unit 122, Des Moines$338,000

Buyer Closing Credits

$4,014*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeCondominium
ParkingAttached, Garage, One Car Garage
Attached Garage1 space
Year Built2002
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
MLS #706814
StatusActive

About 118 Water St Unit 122

RIVERFRONT PROPERTY!! Rare two-story condominium, available now ... and oh its a goodie! Every photographer in the city knows this iconic view, as this is one of the most photographed destinations in the metro. This renowned backdrop for brides + grooms + graduating seniors is the very same view you would get. The whole home has perfect looks of the Capitol + the DSM River. The Union RR Pedestrian Bridge too, which is popular amongst downtowners as it provides a scenic cantilevered overlook, perfect for a good sit or a bit of fishing. Another exciting + special addition to the area: the ICON water trails. Very soon the area will be splish-splashing w/kayakers right here. Only a few homes along the Riverwalk will get up-close views of this new downtown Iowa pastime ... and you could be one of them. Home can be accessed a few ways; it has a private walk-up entrance w/a wide stoop facing Water Street or enter in the climate controlled underground parking spot w/built-in storage, elevator +secure access from the hall. Main floor has 10' ceilings, kitchen, dining, island, 1/2 bath + enormous nearly floor to ceiling windows. Upstairs enjoy a loft/flex-space, 2 bedrooms, bath w/soaking tub, laundry + a charming balcony nestled in the treetops. Strong association w/well-kept gardens + community space, HOA covers water, recycling, snow, maintenance + reserve fund. Steps from the Farmer's Mkt + just a short trot to Principal Park or the Civic Center. What an opportunity.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 2002
  • Living Area: 1,564 SqFt

Listing Office:

  • Office Name: Iowa Realty Mills Crossing
  • Office Phone: (515) 203-6108
  • Listing Agent: Darla Willett-Rohrssen

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Interior: Dining Area, Eat-in Kitchen, Cable TV, Window Treatments

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Deck, Sprinkler/Irrigation

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Attached, Garage, One Car Garage

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: I-235 South on 3rd St, pass Wells Fargo Arena/Casey's Center, left/East on Court Ave, right/South on Water St, home on the right/West side, front stoop faces DSM river.

Price Information

Listing Price Info

Price Summary:

  • List Price: $338,000
  • Price Per SqFt: $216/SqFt

HOA Fees:

  • Amount: $519
  • Frequency: Monthly
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Des Moines, IA.

Map thumbnail provided by MapBox

Des Moines, IA

City

Med. Sold Price

$215K

Med. Price/SqFt

$190

Avg. Days On Market

34

# of Sold Homes

205

118 Water St Unit 122 vs Des Moines

52 DAYS ON ROCKET

+18 Days

$338,000

+$123K More

$216/SqFt

+$25 More

KEY TAKEAWAY

This property is $123K more than the Median Sold Price and $25/SqFt more than other homes in Des Moines, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: DMAAR
  • MLS Number: #706814

Listing Office:

  • Office Name: Iowa Realty Mills Crossing
  • Office Phone: (515) 203-6108
  • Listing Agent: Darla Willett-Rohrssen

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ 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 deemed reliable but not guaranteed. Copyright© 2024 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/21/2024, 8:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,273

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,080

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-784323
3
/10

  • Walnut Street Elementary School

  • 901 Walnut St

  • 0.56 miles

  • Public District Grades EE-5

school-card-donut-784324
1
/10

  • McKinley Elementary School

  • 1610 SE 6th St

  • 0.99 miles

  • Public District Grades EE-5

school-card-donut-784325
1
/10

  • Carver Elementary School

  • 705 E University Ave

  • 1.03 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,868. Typical income of Des Moines, IA residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 118 Water St Unit 122

What is the listing price of this property?

The listing price of 118 Water St Unit 122 property is $338,000.

What type of property is this?

The property 118 Water St Unit 122 is a condo located in Des Moines, Iowa, 50309.

Is this property for sale now?

Active Listing: 118 Water St Unit 122 is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 118 Water St Unit 122 has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 118 Water St Unit 122 is 1,564 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 118 Water St Unit 122 is 2002.

Rocket Homes›Iowa›Polk County›Des Moines›50309›118 Water St Unit 122

This home is located at 118 Water St Unit 122 in Des Moines, IA and zip code 50309 in the Downtown Des Moines neighborhood. This 1,564 square foot home was built in 2002. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 30, 2024 and is currently priced at $338,000.

Des Moines, IA housing market in November 2024 saw over 34 listings sold above listed price, more than 49 sold at listed price and over 122 sold below. The number of homes for sale in Des Moines, IA decreased by 5.2% between October 2024 and November 2024. The median list price of listings available in November 2024 was $215,000, while the average time on the real estate market was 34 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources