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$264,928   Price Analysis
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7000 Lake Hill Dr Unit 4
Des Moines, IA 50320
3 bed 3 bath 1,617 SqFt ($163/SqFt)
2,004SqFt lot. Built 2023
Listed 2024-06-23, HOA $175
Ⓧ USDA Ineligible
due to location

near Des Moines

Calling all investors!!

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 5% interest (I KNOW RIGHT?!) already leased until 8/31/25 with extraordinary 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 or cash. Features include: 3 beds(w large master, W/I closet and ensuite bath), granite 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 collectng checks tomorrow!

PICS ARE SIMILAR TO UNIT(SAME SELECTIONS/COLORS/FLOOR PLAN) Brand new units available for buyers looking to owner occupy with 9-year tax abatements


Presented by Brandy Laiblin at
RE MAX Revolution.
Listing Agent Photo

Property MLS #697758 from DesMoines

Bedrooms: 3
Bedrooms On Level 2: 3

Total Bathrooms: 3.00
Full Bathrooms: 2
1/2 Bathrooms: 1
Half Bathrooms On Level 1: 1
Full Bathrooms On Level 2: 2

2nd Flr Laundry
Carpeting
LVP
Smoke Detector
Tile Floors
Vinyl Floors
Interior Amenities: Pantry

Cooling Features: Central
Heating Features: Electric Forced Air

Dining Room Description: Dining Areas, Eat In Kitchen

Basement Description: Slab
Family Room Description: 1st Floor

Irrigation
Open Patio

Regular
Lot Size Acres: 0.046
Lot Size Dimensions: 31.1X65
Lot Size Square Feet: 2004

Driveway: Concrete
Garage Spaces: 2
Garage Description: 2 Attached
Garage Sqft: 440

Association: Yes
Association Fee: 175
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 175
Association Name: Three Lakes Estates

School District: Des Moines Independent

Studebaker Elementary School is a public elementary school located approximately 2.7 miles away.
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Mccombs Middle School is a public middle school located approximately 3.1 miles away.
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Lincoln High School is a public high school located approximately 4.5 miles away.
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Christ The King School is a private elementary and middle school located approximately 3.5 miles away.
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Community Features: Snow Removal

Annual Tax Amount: 800.00
Source Listing Status: Active
County: Polk
Directions: From Army Post Rd, go South on Indianola Ave, continue to Pine Ave and take a left(East), take a left(north) on Lakeridge Ave, and then left on Lake Hill Dr. Continue on Lake Hill Dr until the curve, these will be on north side of road(blue unit)
Tax Year: 2024
Source Property Type: Residential
Inclusions: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
Area: Des Moines S.East
Property Subtype: condo
Source Neighborhood: Des Moines S.East
Parcel Number: 12005882186163
Postal Code Plus 4: 1224
Zoning: PUD
Property Subtype: Condo-Townhome
Source System Name: C2C

Listed 2024-06-23
$264,928
DesMoines
Listing removed 2022-08-29
$0
ShowMojo
Price Changed for rent 2022-08-27
$1,950
ShowMojo
Sold 2022-08-22
$244,679
DesMoines
Listed for rent 2022-08-03
$2,100
ShowMojo
Price Changed 2022-03-04
$244,000
DesMoines
Listed 2022-03-01
$234,900
DesMoines

Total Square Feet Living: 1617
Year Built: 2023
Builder Name: Timbercrest Homes LLC
Building Exterior Type: Stone, Vinyl Siding
Foundation Details: Poured
New Construction: Yes
Property Age: 1
Roof: Asphalt Shingle
House Style: Two Story
Total Area Sqft: 1617

Sewer: City
Exterior Maint./Bldg.
Lawn Care
Snow Removal
Water Source: City
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.