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7000 Lake Hill Drive #4 Des Moines, IA 50320
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Key Details
Sold Price $248,975
Property Type Condo
Sub Type Condominium
Listing Status Sold
Purchase Type For Sale
Square Footage 1,617 sqft
Price per Sqft $153
MLS Listing ID 697758
Style Two Story
Bedrooms 3
Full Baths 2
Half Baths 1
HOA Fees $175/mo
Year Built 2022
Annual Tax Amount $800
Tax Year 2024
Lot Size 2,003 Sqft
Property Description
Calling all investors!! NEW PRICE! Do I have a deal for you?! Purchased brand new in 2022 in a fantastic neighborhood on the SE side. Easy commute being 5 mins from HWY 5. We're offering up this end unit for sale on contract for as low as 4% interest (I KNOW RIGHT?!) already leased until 8/31/25 with great tenants. 8.25% CAP rate. The 8-year tax abatement starting this September will keep the payments low and the monthly cash flow high. Contact agent for contract terms. Also, available for sale with conventional financing.
Features include: 3 beds(w large master, W/I closet, and ensuite bath), quartz in kitchen/baths, LVP flooring throughout main, all appliances included. HOA takes care of lawn care, snow removal, exterior maintenance, and irrigation. Buy today and start collecting checks tomorrow! PICS ARE SIMILAR TO UNIT(SAME SELECTIONS/COLORS/FLOOR PLAN)
**New units available for buyers looking to owner occupy with 9-year tax abatements**
Location
State IA
County Polk
Area Des Moines S.East
Zoning PUD
Rooms
Ensuite Laundry Upper Level
Interior
Laundry Location Upper Level
Heating Electric, Forced Air
Cooling Central Air
Flooring Carpet, Tile, Vinyl
Laundry Upper Level
Exterior
Exterior Feature Sprinkler/Irrigation, Patio
Garage Attached, Garage, Two Car Garage
Garage Spaces 2.0
Garage Description 2.0
Roof Type Asphalt,Shingle
Building
Lot Description Rectangular Lot
Foundation Poured, Slab
Builder Name Timbercrest Homes LLC
Sewer Public Sewer
Water Public
New Construction Yes
Schools
School District Des Moines Independent
Others
Monthly Total Fees $241
Acceptable Financing Cash, Conventional, Contract, FHA, VA Loan
Listing Terms Cash, Conventional, Contract, FHA, VA Loan
Pets Description Yes
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