NOT LISTED FOR SALE

400 Walnut St, Unit 1001 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated Value: $241,000 - $289,000

2 Beds
2 Baths
1,357 Sq Ft
$195/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $249,500 $184 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,225/month

63 Days on Market

About This Home

As of September 2023

Live where the action is in this stunning downtown condo! Located in one of the most sought-after areas of the city, this spacious and modern unit offers all the luxury and convenience you need to live your best life.

The open-concept design and large windows provide a light and airy feel, while the high-end finishes and appliances add a touch of sophistication.

Enjoy breathtaking city views from your private space, and take advantage of the building's amazing amenities, including a fitness center and more.

Located just steps away from the city's best restaurants, bars, shops, and entertainment, this is the perfect home for anyone who wants to live in the heart of it all. Don't miss your chance to experience downtown living at its finest!

Last Agent to Sell the Property

Shawntel Cooney

Iowa Realty South Listed on: 05/08/2023

Iowa Realty South

Co-Listed By

Matt Webb

Iowa Realty South

Last Buyer's Agent

Michelle Ternes

Boutique Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,725

Year Built

  • Built in 1930

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • 1,357 Sq Ft Home
  • Brick Exterior Construction
  • Rolled or Hot Mop Roof

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02001715002040

Community Details

Overview

  • Capital City Property Mgmt Association, Phone Number (515) 650-2637

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,725

Year Built

Built in 1930

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 187.18
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 183.86
  • Termite: Follow Showing Instructions
  • Unit: 1001
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, Fire Alarm, Smoke Detector
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Living Area Sq Ft: 1357
  • Total Sq Ft: 1357

Exterior Features

  • Exterior: Brick
  • Roof: Roll Roofing
  • Street Feature: Concrete
  • Trim: Paint

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Electric Forced Air

Condo/Co-op/Association

  • Association Fee: 475.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Association/Amenities

  • HOA Name: The Kirkwood Commons HOA
  • Management Firm: Capital City Property Mgmt
  • Management Firm Phone: (515) 650-2637

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Lot Info

  • Assessor Parcel Number: 02001715002040
  • Zoning: DX1

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 4724.78
  • Net Taxes: 4724.78

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
Sep 6, 2023
Sold by
Rena Walnut Llc
Bought by
Saad Mahmoud
Seller's Agent
Shawntel Cooney
Iowa Realty South
Buyer's Agent
Michelle Ternes
Boutique Real Estate
List Price
$269,000
Sold Price
$249,500
Premium/Discount to List
-$19,500
-7.25%
Views
202
Current Estimated Value
$258,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,456
Avg. Annual Appreciation
2.56%
Original Mortgage
$199,600
Outstanding Balance
$195,052
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$69,260

Purchase Details

Listed on
Sep 18, 2016
Closed on
Nov 21, 2016
Sold by
The Kirkwood Llc
Bought by
Rena Walnut Llc
Seller's Agent
Timothy Schutte
EXIT Realty & Associates
Buyer's Agent
Timothy Schutte
EXIT Realty & Associates
List Price
$255,000
Sold Price
$255,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.32%
Source: Public Records

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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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Saad Mahmoud $249,500 None Listed On Document
Rena Walnut Llc $255,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saad Mahmoud $199,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2023 09/08/23 Sold $249,500 -1.8% $184 / Sq Ft
07/10/2023 07/10/23 Pending -- -- --
06/05/2023 06/05/23 Price Changed $254,000 -5.6% $187 / Sq Ft
05/08/2023 05/08/23 For Sale $269,000 +5.5% $198 / Sq Ft
11/21/2016 11/21/16 Sold $255,000 0.0% $188 / Sq Ft View Prior Sale
10/28/2016 10/28/16 Pending -- -- --
09/18/2016 09/18/16 For Sale $255,000 -- $188 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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 $4,666 $238,400 $15,300 $223,100
2024 $4,666 $237,200 $15,200 $222,000
2023 $5,590 $237,200 $15,200 $222,000
2022 $5,548 $237,200 $15,200 $222,000
2021 $6,474 $237,200 $15,200 $222,000
2020 $6,474 $249,700 $16,000 $233,700
2019 $6,710 $249,700 $16,000 $233,700
2018 $5,718 $249,700 $16,000 $233,700
2017 $1,604 $249,700 $16,000 $233,700
2016 $546 $162,440 $15,980 $146,460
Source: Public Records

Agents Affiliated with this Home

  • Shawntel Cooney

    Seller's Agent in 2023

    Shawntel Cooney

    Iowa Realty South

    (515) 770-5534

    1 in this area

    111 Total Sales

    Shawntel Cooney
    Section Image

  • M

    Seller Co-Listing Agent in 2023

    Matt Webb

    Iowa Realty South

    (515) 669-9756

    1 in this area

    69 Total Sales

    Matt Webb
    Section Image
  • Michelle Ternes

    Buyer's Agent in 2023

    Michelle Ternes

    Boutique Real Estate

    2 in this area

    99 Total Sales

    Michelle Ternes
    Section Image
  • Timothy Schutte

    Seller's Agent in 2016

    Timothy Schutte

    EXIT Realty & Associates

    (515) 681-5677

    12 in this area

    190 Total Sales

    Timothy Schutte
    Section Image
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About This Building

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 672725

Des Moines Area Association of REALTORS®

APN: 020-01715002040

Iowa Polk County Des Moines 50309 Downtown Des Moines

400 Walnut St Unit 1001, Des Moines, IA

Not Listed for Sale

Townhouses

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