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My Des Moines condo listing featured on CNN Money

By
Real Estate Agent with RE/MAX Concepts

I got a call last week from someone who identified themselves as Les with CNN Money. My first thought was, "Oh he's been reading my Active Rain blog and wants to ask me about the Des Moines real estate market!" Alas, it was not to be. Les claimed that he was writing a series on low priced condos around the United States and wanted to feature a condo  listing I have in Des Moines. At that point I figured it was a pitch for yet ANOTHER featured listing service. Wrong again. Les turned out to be staff writer Les Cristie for CNN Money who was really doing a feature piece. Here's the link: http://finance.yahoo.com/career-work/article/110257/condos-for-less-than-a-new-car?mod=realestate-buy

The listing is at 5312 Ingersoll Ave #8. It is in the Waterbury district in Des Moines. The median sales price in Waterbury is $270,000 and my listing priced at $38,500 represents a good value for the area and is the area's lowest priced condo. Here are a few more details:

Bedrooms: 1

Tot. Liv. Area SF: 688

Year Built: 1953

Net Tax: $670

Assoc. Fee: $117

Large one bedroom ranch is Des Moines West's lowest priced condo unit. Why rent when you can own and enjoy having both a garage space and an extra parking stall? Inside you'll find brand new paint, carpet, heater and other updates. Features a large living area, sizeable bedroom, appliances and extra storage. The home is located on the lower level and the laundry is right around the corner. Great location plus super low price and payments make this unit very desirable. Current rental certificate.  This is a no smoking building that does not allow pets. Dues are $117 per month and include exterior maintenance, building maintenance, trash service and water.   

If you'd like to see this beautiful condo unit call me today! 

Comments(8)

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Denise Hamlin, Broker/Owner
Cardinal Realty ~ 319-400-0268 - Iowa City, IA
Helping Happy Clients Make Smart Choices

Hi Matt ~ CNN Money, well done. You make it sound so matter-of-fact. I think it's really something that you got the call and it's your listing that is featured on CNN Money. Maybe you get it sold now.

A condo for $38,500? That's a heck of a price. You'd have a tough time finding anything in that price range in the Iowa City area!

 

Aug 07, 2010 06:09 PM
Jon Zolsky, Daytona Beach, FL
Daytona Condo Realty, 386-405-4408 - Daytona Beach, FL
Buy Daytona condos for heavenly good prices

Matt,

I followed the link, and sure enough, Florida has not been forgotten (LOL). Keep the article. In just a few years that would sound like a fairytale

Aug 07, 2010 06:22 PM
Bryan Watkins
LRA Real Estate Group - Mesa, AZ

Awesome, good job. That is one for the diary and memories. Good for you.

Aug 07, 2010 06:29 PM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Very nice a feature on CNN and you did not have to pay for it.  Great stuff.

Aug 07, 2010 06:39 PM
Houman Shahi
Coldwell Banker Residential Brokerage - Irvine, CA

Your clients must be very happy having their home posted on CNN. "Condos for-less-than-a-new-car" interesting title.

Aug 08, 2010 04:34 AM
Judith Knutson
REMAX River Cities. Inc - Davenport, IA

Some great advertisement for your business there!

Congratulations on your success.

Aug 11, 2010 06:48 AM
Michelle Rottach
RE/MAX Elite Homes - Bettendorf, IA
Scott County Iowa Real Estate

Congratulations on the CNN feature! You have to love the free national advertising!.

Aug 12, 2010 07:47 AM
Sandra McCarty
Keller Williams - Southlake, TX
Sandy McCarty your Relocation agent for Iowa
Aug 13, 2010 03:50 AM