7000 Lake Ridge Avenue 3, Des Moines, IA 50320
Polk County
Key Facts
Description
This modern 2-story townhome featuring an open concept design, stylish kitchen, and plenty of natural light throughout. This home offers a blank canvas for your personal touches. An attached 2-car garage, efficient layout, and contemporary finishes make daily living easy and comfortable. With 6 years of tax abatement left, you’ll benefit from major cost savings. Townhome is rental/Airbnb-eligible offering excellent flexibility as either a personal residence or investment property. 3 additional units available, all at same price. A generous 8-year tax abatement is still in place: 2025-100%, 2026-100%, 2027-100%, 2028-75%, 2029-50%, 2030-25%. 3 additional townhomes are available as part of this listing as well. Units 1, 2, 3, and 5.
Property Information
Property Type
Residential
Sub-Type
Condominium
Style
Modern, Two Story
Year Built
2021
Stories
2
Living Area
1,617 sq ft
Lot Size
0.05 acres
Lot Dimensions
31.1x65
Garage Spaces
2
Zoning
R
MLS® Listing#
733109
Property Features
Appliances
Cooling
Heating
Flooring
Parking
Laundry
Patio
Lot Features
Construction
Foundation
Roof
Sewer
Water Source
Financial Details
HOA
$175 / Monthly
Three Lakes Estate
Annual Taxes
$796
Parcel Number
782436279025
Directions
Heading South of SE 14th St., make a slight left onto Indianola Ave, follow that down to SE 72nd St and make another left, go left on Lake Ridge Ave. Unit #3.
Affordability Calculator
$51,964
Estimated monthly payment
$1,383/mo
Principal $207,856 · Est. interest $289,978 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Des Moines, IA
- $294,830
- Median Listing Price
- 59
- Median Days on Market
- 1,404
- Median Sq Ft
- $205
- Median Price / Sq Ft
- 1,318
- Active Listings
- This home’s price is 12% below the area median.
- Its price per sq ft is 22% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Des Moines, IA.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1820 E 25th Street, Des Moines, IA | $182,500 | 2 | 1 | 912 |
| 1502 29th Street, Des Moines, IA | $183,000 | 2 | 2 | 1,320 |
| 253 52nd Street, West Des Moines, IA | $183,900 | 2 | 2 | 1,080 |
| 123 7th Street, West Des Moines, IA | $184,000 | 3 | 1 | 1,365 |
| 6255 Beechtree Drive 1204, West Des Moines, IA | $184,900 | 3 | 2 | 1,277 |
| 157 52nd Street, West Des Moines, IA | $184,900 | 2 | 2 | 1,080 |
Moving Cost Estimate
Listing Courtesy: Summit Real Estate Services - (515) 219-1111