3 Beds
3 Baths
1,617 sqft
$259,900
7000 Lake Ridge Avenue 68, Des Moines IA, 50320
Price per sqft$160.73
Built in2024
Property size1,617 sqft
Property typeCondominium
Overview
Active
Listed Aug 14, 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 (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
- 747241
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
- $4,758
- 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 Slavin & Partners shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
©2026 Des Moines Area Association of REALTORS. All rights reserved.