3 months on rocket

915 Mulberry St, Des Moines, IA, 50309

$11,500,000

54 Bedrooms
3 Full Baths
78,554 SqFt
$146/SqFt
Condo
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingAttached, Garage
Attached Garage4 spaces
Year Built2016
HeatingElectric, Forced Air
CoolingCentral Air
MLS #688459
Lot Size0.42 Acres
StatusActive

About 915 Mulberry St

The Maxwell is a 62 unit luxury apartment complex located in the heart of downtown Des Moines, IA. The property was constructed in 2017 and is comprised of one, 5-story, elevator-served building that includes an indoor parking structure with 47 spaces. The Maxwell was finished with all modern high end finished and contemporary architecture. The apartments feature - studios, 1 bedroom, and 2 bedroom floor plans that are equipped with top-of-market finishes such as stainless steel appliances, quartz countertops, LVP flooring, 9+ foot ceilings, tile backsplash, Nest thermostats, and in-home washers & dryers. The property also offers an exclusive set of amenities including a world class roof top terrace offering resident seating areas, gas grills, a TV projector and a fire pit. There is also a luxury community lounge for residents to work from home, offering wi-fi and a kitchenette. The underground garage offers heated parking, a “LuxerOne” Package delivery System, additional storage closets for residents to enjoy and a free bicycle storage room. The entire property is safe and secure with modern security key fob locking system at every access point, and a fire suppression sprinkler system. The building has direct access to the 4-mile downtown Skywalk system open 24/7 that connects residents to the rest of downtown. The Maxwell also benefits from property tax abatement until 2028. There is an opportunity of assumable debt $7,500,000, with an interest rate of 4.9%!

Property Details

Property Features

Property Information:

  • Year Built: 2016
  • Living Area: 78,554 SqFt

Listing Office:

  • Office Name: EXIT Realty Capital City
  • Office Phone: (515) 253-3948
  • Listing Agent: Timothy Schutte

Interior Features

Interior Information:

  • Appliances: Cooktop, Microwave, Refrigerator, Stove
  • Flooring Type: Carpet, Laminate
  • Interior: Cable TV

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 54

Exterior Features

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Attached, Garage

Lot Features

Lot Information:

  • Lot Size: 0.42 Acres

Utilities

Utilities Information:

  • Heating: Electric, Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Roosevelt High School, Public District Grades 9-12
  • Callanan Middle School, Public District Grades 6-8
  • Cowles Elementary School, Public District Grades PK-8
  • Goodrell Middle School, Public District Grades 6-8
  • Walnut Street School, Public District Grades PK-5
  • Edmunds Fine Arts Academy, Public District Grades PK-5

Other

Directions Information:

  • Directions: Corner of SW 9th and Mulberry.

Price Information

Listing Price Info

Price Summary:

  • List Price: $11,500,000
  • Price Per SqFt: $146/SqFt

Tax Information:

  • Annual Amount: $23,954
  • Tax Year: 2021
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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

915 Mulberry St vs Des Moines

90 DAYS ON ROCKET

+47 Days

$11,500,000

+$11.2M More

$146/SqFt

-$38 Less

KEY TAKEAWAY

This property is $11.2M more than the Median Sold Price and $38/SqFt less 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: #688459

Listing Office:

  • Office Name: EXIT Realty Capital City
  • Office Phone: (515) 253-3948
  • Listing Agent: Timothy Schutte

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: 4/30/2024, 12:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$23,954$8,370,000
2020$23,954$924,000
2019$24,474$924,000
2018$24,474$924,000
2017$21,678$920,000

History based on county public records data.

Payment Calculator

$57.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$34.5K

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-3415494
3
/10
  • Walnut Street School

  • 901 Walnut St

  • 0.10 miles

  • Public District Grades PK-5

school-card-donut-3415495
1
/10
  • Edmunds Fine Arts Academy

  • 950 15th St

  • 0.86 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3415496
4
/10
  • Callanan Middle School

  • 3010 Center St

  • 1.62 miles

  • Public District Grades 6-8

school-card-donut-3415497
9
/10
  • Cowles Elementary School

  • 6401 College Ave

  • 4.30 miles

  • Public District Grades PK-8

school-card-donut-3415498
1
/10
  • Goodrell Middle School

  • 3300 E 29th St

  • 4.43 miles

  • Public District Grades 6-8

High School

school-card-donut-3415499
3
/10
  • Roosevelt High School

  • 4419 Center St

  • 2.68 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,286. Typical income of Des Moines, IA residents is less than $35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 915 Mulberry St

What is the listing price of this property?

The listing price of 915 Mulberry St property is $11,500,000.

What type of property is this?

The property 915 Mulberry St is a condo located in Des Moines, Iowa, 50309.

Is this property for sale now?

Active Listing: 915 Mulberry St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 915 Mulberry St are:
Walnut Street School: GreatSchools Rating 3/10
Edmunds Fine Arts Academy: GreatSchools Rating 1/10
Callanan Middle School: GreatSchools Rating 4/10
Cowles Elementary School: GreatSchools Rating 9/10
Goodrell Middle School: GreatSchools Rating 1/10
Roosevelt High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $23,954 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 915 Mulberry St has 54 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 915 Mulberry St is 78,554 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 915 Mulberry St is 2016.
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Rocket HomesIowaPolk CountyDes Moines50309915 Mulberry St

This home is located at 915 Mulberry St in Des Moines, IA and zip code 50309 in the Downtown Des Moines neighborhood. This 78,554 square foot home, which was built in 2016, sits on a 0.42 acre lot. Features: 54 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 30, 2024 and is currently priced at $11,500,000.

In March 2024, from all listings sold in Des Moines, IA there were more than 55 sold above asking price, over 121 sold below and more than 59 were sold right at the asked price. The number of homes for sale in Des Moines, IA increased by 8.5% between February 2024 and March 2024. The median list price of listings available in March 2024 was $207,620, while the average time on the real estate market was 43 days.

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

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