Redfin is joining Rocket

Discover how we're simplifying your journey home.

$175,000

507 E Locust St Unit 301 Des Moines, IA 50309

1 bed
1 bath
579 sqft
$302 / sqft
Condo

Property details

About 507 E Locust St Unit 301

Capitol Village Lofts located in the heart of Historic East Village offers all the charm of true urban living. Capitol Village Lofts is a mixed-use building that houses retail/commercial space on the first floor with 20 residential lofts between the second and third floor. It's a true bouquet Loft building. This loft has 12-foot ceilings, Five windows from floor to ceiling, exposed brick and wood floors. The bathroom has been updated. Enjoy a great view of the Downtown skyline. Association dues that are lower than most of the condo buildings Downtown. Parking space P-13 is deeded to the condo which is valued at $20,000. This is a pet friendly environment!

Highlights

Home typeCondominium
HeatingElectric, Forced Air, Natural Gas
StatusSale Pending
(Pending)
CoolingCentral Air
Size579 sqft
BasementYes
Year built1883
ParkingDetached, Garage, One Car Garage
MLS #717942
Garage1 space

Summary

  • Appliances: Dishwasher, Refrigerator, Stove
  • Basement: Yes
  • Flooring Type: Hardwood, Tile
  • Interior: Eat-in Kitchen, Window Treatments
  • Total Bedroom Count: 1
  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Detached, Garage, One Car Garage
  • Architectural Style: Italianate
  • Heating: Electric, Forced Air, Natural Gas
  • Cooling: Central Air
  • List Price: $175,000
  • Price/SqFt: $302
  • HOA Amount: $233 Monthly
  • Annual Tax Amount: $3,152
  • Tax Year: 2023
  • Directions: Take exit East 6th. Turn right on East 6th then right on East Locust Street. The Capitol Village Lofts on the corner of East 5th and East Locust Street in the Historic East Village.
  • Year Built: 1883
  • Living Area: 579 SqFt
  • MLS Number: 717942
  • MLS Name: DMAAR
  • Office Name: LPT Realty, LLC
  • Office Phone: (515) 490-6454
  • Listing Agent: Lisa Howard

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© 2025 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: 7/16/2025, 6:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Apr 28, 2022
Home Sold
$160,000
Nov 30, 2018
Home Sold
$142,500
Feb 14, 2008
Home Sold
$126,000

Tax history

YearAssessmentProperty Tax
2023$155,800$3,152
2021$139,800$3,152
2020$121,600$3,152
2019$121,600$2,472
2018$92,900$2,472
2017$92,900$2,648

History based on county public records data.

Nearby schools

1

Carver Elementary School

Public District KG-5

0.6 mi

705 E University Ave

1

Capitol View Elementary School

Public District EE-5

0.9 mi

320 E 16th St

3

Walnut Street Elementary School

Public District EE-5

1.0 mi

901 Walnut St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $23,458. The majority of Des Moines, IA residents have income less than $<35k annually. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

67%
<35k
26%
35k-100k
6%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

66%
Single, No Kids
20%
Single, with Kids
8%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

24%
<11 yrs old
6%
12-17 yrs old
35%
18-34 yrs old
27%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • NBA/WNBANBA/WNBA
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • Express/Express For MenExpress/Express For Men
  • Banana RepublicBanana Republic
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • StarbucksStarbucks
  • SonicSonic
  • Cicis PizzaCicis Pizza

What do the neighbors drive?

  • PontiacPontiac
  • InfinitiInfiniti
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 507 E Locust St Unit 301

The listing price of 507 E Locust St Unit 301 property is $175,000.

The property 507 E Locust St Unit 301 is a condo located in Des Moines, Iowa, 50309.

Sale Pending: 507 E Locust St Unit 301 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

The nearby schools for 507 E Locust St Unit 301 are: Carver Elementary School (GreatSchools Rating 1/10), Capitol View Elementary School (GreatSchools Rating 1/10), Walnut Street Elementary School (GreatSchools Rating 3/10), Hiatt Middle School (GreatSchools Rating 1/10), Callanan Middle School (GreatSchools Rating 4/10), Weeks Middle School (GreatSchools Rating 1/10), East High School (GreatSchools Rating 2/10), North High School (GreatSchools Rating 3/10), Lincoln High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $3,152 (source: MLS/based on county public records data).

The last sale was on April 28, 2022 for $160,000 (source: MLS/tax record).

The property at 507 E Locust St Unit 301 has 1 bedroom and 1 bathroom.

The property 507 E Locust St Unit 301 is 579 SqFt (source: MLS/tax record).

The year of construction for 507 E Locust St Unit 301 is 1883.

This home is located at 507 E Locust St Unit 301 in Des Moines, IA and zip code 50309 in the Historic East Village neighborhood. This 579 square foot home was built in 1883. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since May 13, 2025 and is currently priced at $175,000.

While more than 67 listings in Des Moines, IA in June 2025 were sold above asking price, there were more than 78 listings sold at asking price, and more than 153 were sold below. The inventory of homes for sale in Des Moines, IA between May and June 2025 decreased by 7%. In June 2025 median list price was $216,801 and the average listing age was 38 days.

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

More resources