6 months on rocket

7040 Lake Ridge Ave, Des Moines, IA, 50320

$498,500

Home List Price

$5,920*

Closing Credit

3 Bedrooms
1 Full Bath
1,650 SqFt
$302/SqFt
House
Schools Nearby

Location

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7040 Lake Ridge Ave, Des Moines$498,500

Buyer Closing Credits

$5,920*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingAttached, Garage, Three Car Garage
Attached Garage3 spaces
Year Built2023
HeatingForced Air, Natural Gas
CoolingCentral Air
BasementYes
FireplaceGas Log
MLS #683683
StatusActive

About 7040 Lake Ridge Ave

Cloudninehomes presents a new custom ranch located on the beautiful Lake Ridge Ave. The perfect place to call "home sweet home." With so many luxurious features such as; quartz countertops, tile shower in the master bath, gas fireplace, covered deck that’s perfect for entertaining, and patio, 3 car attached garage, walk in pantry, split staircase, and so much more. This home is also just south of Des Moines’ beautiful Easter Lake and all of it’s amenities. This home also qualifies for a 6 year declining tax abatement. All information obtained from Seller and public records.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2023
  • Living Area: 1,650 SqFt

Listing Office:

  • Office Name: Iowa Realty South
  • Office Phone: (515) 453-6300
  • Listing Agent: Matt Webb

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Tile
  • Interior: Eat-in Kitchen
  • Fireplace: Gas Log

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Deck, Patio

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage, Three Car Garage

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lincoln High School, Public District Grades 9-12
  • McCombs Middle School, Public District Grades 6-8
  • Goodrell Middle School, Public District Grades 6-8
  • Cowles Elementary School, Public District Grades PK-8
  • Jackson Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From E Pine Ave, go south on Lake Ridge Ave. The property will be the sixth property on the west side of Lake Ridge Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $498,500
  • Price Per SqFt: $302/SqFt

HOA Fees:

  • Amount: $100
  • Frequency: Annually
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Housing Market Comparison

See how this home compares to others in Des Moines, IA.

Med. Sold Price

$207.6K

Med. Price/SqFt

$184

Avg. Days On Market

43

# of Sold Homes

235

7040 Lake Ridge Ave vs Des Moines

196 DAYS ON ROCKET

+153 Days

$498,500

+$290.8K More

$302/SqFt

+$118 More

KEY TAKEAWAY

This property is $290.8K more than the Median Sold Price and $118/SqFt more than other homes in Des Moines, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: DMAAR
  • MLS Number: #683683

Listing Office:

  • Office Name: Iowa Realty South
  • Office Phone: (515) 453-6300
  • Listing Agent: Matt Webb

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2024 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 2:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,563

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,561

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-987632
3
/10
  • Jackson Elementary School

  • 3825 Indianola Ave

  • 1.90 miles

  • Public District Grades KG-5

Middle School

school-card-donut-987633
3
/10
  • McCombs Middle School

  • 201 County Line Rd

  • 3.25 miles

  • Public District Grades 6-8

school-card-donut-987634
1
/10
  • Goodrell Middle School

  • 3300 E 29th St

  • 6.29 miles

  • Public District Grades 6-8

school-card-donut-987635
9
/10
  • Cowles Elementary School

  • 6401 College Ave

  • 9.05 miles

  • Public District Grades PK-8

High School

school-card-donut-987636
2
/10
  • Lincoln High School

  • 2600 SW 9th St

  • 3.93 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,641. Typical income of Des Moines, IA residents is between $35k-100k annually. Most families are married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7040 Lake Ridge Ave

What is the listing price of this property?

The listing price of 7040 Lake Ridge Ave property is $498,500.

What type of property is this?

The property 7040 Lake Ridge Ave is a house located in Des Moines, Iowa, 50320.

Is this property for sale now?

Active Listing: 7040 Lake Ridge Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7040 Lake Ridge Ave are:
Jackson Elementary School: GreatSchools Rating 3/10
McCombs Middle School: GreatSchools Rating 3/10
Goodrell Middle School: GreatSchools Rating 1/10
Cowles Elementary School: GreatSchools Rating 9/10
Lincoln High School: GreatSchools Rating 2/10

How many bedrooms and bathrooms does this property have?

The property at 7040 Lake Ridge Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7040 Lake Ridge Ave is 1,650 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7040 Lake Ridge Ave is 2023.

Rocket HomesIowaPolk CountyDes Moines503207040 Lake Ridge Ave

This home is located at 7040 Lake Ridge Ave in Des Moines, IA and zip code 50320 in the Easter Lake Area neighborhood. This 1,650 square foot home was built in 2023. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 13, 2023 and is currently priced at $498,500.

While more than 55 listings in Des Moines, IA in March 2024 were sold above asking price, there were more than 59 listings sold at asking price, and more than 121 were sold below. The inventory of homes for sale in Des Moines, IA between February 2024 and March 2024 increased by 8.5%. While the average time on the market in March 2024 was 43 days, the median list price was $207,620.

From Rocket Homes Real Estate and based on county public records data.

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