7000 Lake Ridge Avenue Unit 65, Des Moines, IA 50320

$254,900
3
BD
3
BA
1,617
SqFt

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List Price
$254,900
Status
ACTIVE
Days on Market
25
MLS#
747401
Subtype
Residential
Style
Two Story, Traditional
Architectural Style
Two Story, Traditional
New Construction
Yes
Year Built
2025
Bedrooms
3
Bathrooms
3
Full Baths
2
Half Baths
1
Living Area
1,617
Lot Size
1,695
Acres
0.04
MLS Area Major
Des Moines S.East

Property Description

INVESTOR- AND PET-FRIENDLY. Welcome to Three Lakes Estates, the newest community in SE Des Moines, featuring a 9-year tax abatement for significant monthly savings! This thoughtfully designed townhome offers an open-concept main level, featuring 9’ ceilings, a fireplace, large windows, and a sliding door leading to a private patio. Main level has LVP flooring throughout and quartz countertops, with a breakfast bar, pantry, dining area, large closet, and extra under-stair storage. Upstairs, the huge primary suite features tray ceilings, a walk-in closet, and en-suite bath, with dual vanities, quartz countertops, tile flooring, and lots of storage. Two additional bedrooms, a large full bath, and a dedicated laundry room (not a closet) complete the upper level. Thoughtful design and modern finishes combined with the financial incentive of NINE YEARS of tax abatement make this home a must see! Stainless steel dishwasher, microwave, and stove are included. 9-year tax abatement schedule: Years 1–6: 100% abatement (estimated savings of approximately $400–$450 per month); Year 7: 75%; Year 8: 50%; Year 9: 25%. Building value abatement applies, land value is still taxed. Photos are similar to. This unit is completed. Buyers to provide a $250 startup fee to the association at time of closing. $175/month HOA fee with additional annual fee of $100. Investor friendly/can be rented.

Additional Information

Interior Features
Dining Area, Eat-in Kitchen
Exterior Features
Patio
Taxes
$3,685
HOA Fee
$175
Pets Allowed
Yes
Property Description
Two Story, Traditional
Zoning
PUD
Flooring
Carpet, Laminate, Tile
Appliances
Dishwasher, Microwave, Stove
Heating
Electric, Forced Air
Air Conditioning
Central Air
Stories
2
Foundation
Slab
Parking Features
Attached, Garage, Two Car Garage
Garage Spaces
2
School District
Des Moines Independent

Mortgage Calculator

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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Aimee Seivert with Local Realty Company

Data courtesy of the Des Moines Area Association of REALTORS