3 Beds
3 Baths
1,597 sqft
$259,900
7000 Lake Ridge Avenue 71, Des Moines IA, 50320
Price per sqft$162.74
Built in2025
Property size1,597 sqft
Property typeCondominium
Overview
Active
Listed May 4, 2026
Updated 30h ago
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.
$1,729/mo
Est. mortgage payment based on a $259,900 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 739808
Interior Features
- Bedrooms
- 3
- Bathrooms
- 3
- Fireplace
- Yes
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.05 Acres
Other Property Details
- Taxes
- $927
- Tax Frequency
- Annually
- Association Fee Frequency
- Monthly
- Garage
- Yes
- Pets Allowed
- Yes
- 55+/Senior Community
- No
Courtesy of Local Realty Company, Aimee Seivert,
Listing Contact: (515) 326-0642
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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