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3 Beds
3 Baths
1,597 sqft

$259,900

7000 Lake Ridge Avenue 69, Des Moines IA, 50320

Price per sqft$162.74
Built in2024
Property size1,597 sqft
Property typeCondominium

Overview

Active

Listed May 5, 2026

Updated 2 weeks 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 WITH washer and dryer (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 also 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
739807

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
New Construction
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 Slavin & Partners shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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