NOT LISTED FOR SALE

2631 E Walnut St Des Moines, IA 50317

Fairground Neighborhood

Estimated Value: $214,549 - $230,000

Studio
2 Baths
1,376 Sq Ft
$160/Sq Ft Est. Value

Sale Details

Date Sold: May 1, 2025

Last sale price $205,000 $149 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,470 / mo

2 Days on Market

Highlights

  • 2 Kitchens
  • Laundry Room
  • Vinyl Flooring
  • No HOA
  • Hot Water Heating System

About This Home

As of May 2025

Looking to grow your investment portfolio or dive into house-hacking? Don’t miss this updated duplex at 2631 E Walnut St in Des Moines! Each unit offers 2 bedrooms and one 3/4 bath, featuring vinyl flooring for easy maintenance and a modern touch. Seller has always advertised as 1 1/2 bedrooms as the 2nd BR is small and has a shared closet. The unfinished lower level in both units provides valuable extra space—perfect for storage, hobbies, or future expansion. An egress window could be added to create an additional bedroom, increasing rental potential.
The property includes a fenced yard and a 1-car garage for each unit, offering convenience and privacy for tenants or owner-occupants. The roof is newer, adding peace of mind for investors. Units are clean and move-in ready—2633 is currently leased month-to-month, offering immediate rental income with flexibility. Whether you’re a seasoned investor or just getting started, this is a solid opportunity in a desirable location. Live in one side and rent the other, or add a great property to your rental portfolio. Schedule your showing today and start building wealth through real estate!

Last Agent to Sell the Property

Megan Hill Mitchum

Century 21 Signature Listed on: 03/26/2025

Century 21 Signature

Last Buyer's Agent

CH Tan

RE/MAX Precision

RE/MAX Precision

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,260

Year Built

  • Built in 1962

Lot Details

  • 8,820 Sq Ft Lot

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2 Bathrooms
  • 1,376 Sq Ft Home
  • Vinyl Flooring
  • Fire and Smoke Detector
  • Partially Finished Basement

Kitchen

  • 2 Kitchens
  • Stove
  • Microwave

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 05000123000000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,260

Year Built

Built in 1962

Lot Details

8,820 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Style: Duplex
  • Lp Amt Sq Ft: 148.98
  • Sp Amt Sq Ft: 148.98
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Smoke Detector, Vinyl Floors
  • Total Bathrooms: 2.00
  • Partial Bath Total: 2
  • Basement Description: Partial Finished, Unfinished
  • Kitchens: 2
  • Laundry: Yes
  • Included Items: Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1376
  • Partial Bathrooms: 2
  • Total Sq Ft: 1376

Exterior Features

  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached
  • Off Street Parking: Yes

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window
  • Heat: Hot Water

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.2020
  • Lot S F: 8820
  • Lot Shape: Regular
  • Assessor Parcel Number: 05000123000000
  • Zoning: Res

Rental Info

  • Deposit: Yes
  • Furnished: No

Tax Info

  • Gross Taxes: 3259.78
  • Net Taxes: 3259.78

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2025
Closed on
Apr 23, 2025
Sold by
Millboom Llc
Bought by
Seller's Agent
Megan Hill Mitchum
Century 21 Signature
Buyer's Agent
CH Tan
RE/MAX Precision
List Price
$205,000
Sold Price
$205,000
Views
8
Current Estimated Value
$218,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,494
Avg. Annual Appreciation
5.51%
Original Mortgage
$164,000
Outstanding Balance
$161,918
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$58,469

Purchase Details

Closed on
Apr 15, 2016
Sold by
Miller Marcia Groenboom and Miller Paul W
Bought by
Millboom Llc

Purchase Details

Closed on
Jun 17, 2014
Sold by
Miler Marcia Groenenboom and Miler Paul W
Bought by
Miller Marcia Groenenboom and Miller Paul W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,200
Interest Rate
3.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2006
Sold by
Tyler Ronald J and Kathaleen Tyler L
Bought by
Groenenboom Marcia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
6.54%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Fairground, IA

  • Liz Lashier Real Estate Agent - NextHome Your Way

    Liz Lashier

    NextHome Your Way

    (515) 512-4526

    151 Total Sales

    1 in Fairground

    $65,500 Price

    Liz Lashier
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  • Ross Peterson Real Estate Agent - Agency Iowa

    Ross Peterson

    Agency Iowa

    (515) 461-7245

    90 Total Sales

    1 in Fairground

    $165,000 Price

    Ross Peterson
     Section Image
  • Darson Grantham Real Estate Agent - Keller Williams Realty GDM

    Darson Grantham

    Keller Williams Realty GDM

    (641) 247-4098

    239 Total Sales

    5 in Fairground

    $90K - $252K Price Range

    Darson Grantham
     Section Image
  • Susie Sheldahl Real Estate Agent - Realty One Group Impact

    Susie Sheldahl

    Realty One Group Impact

    (515) 461-8610

    271 Total Sales

    2 in Fairground

    $130K - $239K Price Range

    Susie Sheldahl
     Section Image
  • Joe Hand Real Estate Agent - Keller Williams Realty GDM

    Joe Hand

    Keller Williams Realty GDM

    (515) 393-6717

    69 Total Sales

    2 in Fairground

    $180K - $190K Price Range

    Joe Hand
     Section Image
  • Anna Kempe Real Estate Agent - Keller Williams Ankeny Metro

    Anna Kempe

    Keller Williams Ankeny Metro

    (515) 298-8586

    67 Total Sales

    2 in Fairground

    $103,000 Price Range

    Anna Kempe
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$205,000 None Listed On Document
Millboom Llc -- None Available
Miller Marcia Groenenboom -- None Available
Groenenboom Marcia F $101,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $164,000
Previous Owner Millboom Llc $150,535
Previous Owner Miliboom Llc $100,123
Previous Owner Miller Marcia Groenenboom $63,200
Previous Owner Groenenboom Marcia F $76,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/01/2025 05/01/25 Sold $205,000 0.0% $149 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
03/26/2025 03/26/25 For Sale $205,000 -- $149 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,184 $186,400 $29,600 $156,800
2024 $3,184 $161,900 $25,200 $136,700
2023 $2,942 $161,900 $25,200 $136,700
2022 $2,918 $124,800 $20,600 $104,200
2021 $2,700 $124,800 $20,600 $104,200
2020 $2,806 $108,200 $18,100 $90,100
2019 $2,564 $108,200 $18,100 $90,100
2018 $2,538 $95,400 $15,600 $79,800
2017 $2,302 $95,400 $15,600 $79,800
2016 $2,242 $85,100 $14,500 $70,600
2015 $2,242 $85,100 $14,500 $70,600
2014 $2,176 $85,000 $14,100 $70,900
Source: Public Records

Agents Affiliated with this Home

  • Megan Hill Mitchum Real Estate Agent - Century 21 Signature

    Seller's Agent in 2025

    Megan Hill Mitchum

    Century 21 Signature

    (515) 290-8269

    1 in this area

    365 Total Sales

    Megan Hill Mitchum
    Section Image

  • CT

    Buyer's Agent in 2025

    CH Tan

    RE/MAX Precision

    (515) 708-4724

    1 in this area

    5 Total Sales

    CH Tan
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 714151

Des Moines Area Association of REALTORS®

APN: 050-00123000000

Iowa Polk County Des Moines 50317 Fairground

2631 E Walnut St, Des Moines, IA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.

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