Discover urban living at its finest with this chic condo in vibrant Downtown Des Moines. Perfectly situated near Principle Park, the bustling farmer's market, and a plethora of bars and restaurants, this second-level condo offers unparalleled convenience and style. Step inside to a spacious living room with a newly repainted groovy color scheme and an eye-catching accent wall. The large kitchen boasts a gas range and an expansive island, ideal for entertaining. Enjoy your morning coffee or evening relaxation on the private balcony. A rare find in this area, the condo includes a private 1-stall parking garage. Plus, take advantage of the tax abatement through 2030, ensuring incredibly low property taxes! Outdoor enthusiasts will love the proximity to Grey's Lake Park, featuring scenic bike paths, and frequent travelers will appreciate being just a 10-minute drive from Des Moines International Airport. Don't miss this unique opportunity to own a stylish and convenient home in the heart of Downtown Des Moines!
Roosevelt High School, Public District Grades 9-12
Callanan Middle School, Public District Grades 6-8
Goodrell Middle School, Public District Grades 6-8
Cowles Elementary School, Public District Grades PK-8
Edmunds Fine Arts Academy, Public District Grades PK-5
Other
Directions Information:
Directions: Head west on MLK Jr Pkwy and turn left onto SW 7th St. The building is located on the corner of SW 7th St and Murphy St. Parking is available on the west side of the building and the entrance is on the North side of the building.
Price Information
Listing Price Info
Price Summary:
List Price: $333,000
Price Per SqFt: $320/SqFt
HOA Fees:
Amount: $408
Frequency: Monthly
Tax Information:
Annual Amount: $214
Tax Year: 2021
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.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,137
Per Month
Principal & Interest
$1,662
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$408
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,065
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.
Elementary School
1
/10
Edmunds Fine Arts Academy
950 15th St
Distance between this listing and this school1.30 miles
Public District Grades PK-5
Middle School
4
/10
Callanan Middle School
3010 Center St
Distance between this listing and this school1.98 miles
Public District Grades 6-8
1
/10
Goodrell Middle School
3300 E 29th St
Distance between this listing and this school4.49 miles
Public District Grades 6-8
9
/10
Cowles Elementary School
6401 College Ave
Distance between this listing and this school4.67 miles
Public District Grades PK-8
High School
3
/10
Roosevelt High School
4419 Center St
Distance between this listing and this school3.02 miles
Public District Grades 9-12
Assigned Schools
1
/10
Edmunds Fine Arts Academy
950 15th St
Distance between this listing and this school1.30 miles
Public District Grades PK-5
Nearby Schools
3
/10
Walnut Street School
901 Walnut St
Distance between this listing and this school0.52 miles
Public District Grades PK-5
1
/10
McKinley Elementary School
1610 SE 6th St
Distance between this listing and this school0.98 miles
Public District Grades PK-5
Assigned Schools
4
/10
Callanan Middle School
3010 Center St
Distance between this listing and this school1.98 miles
Public District Grades 6-8
1
/10
Goodrell Middle School
3300 E 29th St
Distance between this listing and this school4.49 miles
Public District Grades 6-8
9
/10
Cowles Elementary School
6401 College Ave
Distance between this listing and this school4.67 miles
Public District Grades PK-8
Assigned Schools
3
/10
Roosevelt High School
4419 Center St
Distance between this listing and this school3.02 miles
Public District Grades 9-12
Nearby Schools
2
/10
Lincoln High School
2600 SW 9th St
Distance between this listing and this school1.17 miles
Public District Grades 9-12
2
/10
East High School
815 E 13th St
Distance between this listing and this school1.73 miles
The neighbors living near this home have an average income of $34,868. Most Des Moines, IA residents have annual incomes less than $35k. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 450 SW 7th St Unit 202
What is the listing price of this property?
The listing price of 450 SW 7th St Unit 202 property is $333,000.
What type of property is this?
The property 450 SW 7th St Unit 202 is a condo located in Des Moines, Iowa, 50309.
Is this property for sale now?
Active Listing: 450 SW 7th St Unit 202 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 450 SW 7th St Unit 202 are: Edmunds Fine Arts Academy: GreatSchools Rating 1/10Callanan Middle School: GreatSchools Rating 4/10Goodrell Middle School: GreatSchools Rating 1/10Cowles Elementary School: GreatSchools Rating 9/10Roosevelt High School: GreatSchools Rating 3/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $214 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on June 30, 2021 for $276,500. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 450 SW 7th St Unit 202 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 450 SW 7th St Unit 202 is 1,041 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 450 SW 7th St Unit 202 is 2019.
This home is located at 450 SW 7th St Unit 202 in Des Moines, IA and zip code 50309 in the Downtown Des Moines neighborhood. This 1,041 square foot home, which was built in 2019, sits on a 0.02 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 01, 2024 and is currently priced at $333,000.
In August 2024, from all listings sold in Des Moines, IA there were more than 55 sold above asking price, over 126 sold below and more than 61 were sold right at the asked price. The median list price of listings available in August 2024 was $213,114, while the average time on the real estate market was 27 days.
From Rocket Homes Real Estate and based on county public records data.