$151,500
SOLD NOV 21, 2025

400 Walnut St, Unit 1002 Des Moines, IA 50309

Downtown Des Moines Neighborhood
1 Bed
1 Bath
865 Sq Ft
$450/mo HOA Fee

Recently Sold

$175 Per Sq Ft

8% Below List Price

244 Days on Market

Highlights

  • Fitness Center
  • Forced Air Heating and Cooling System
  • Community Storage Space
  • Sauna
  • Dining Area
  • 1-minute walk to Cowles Commons

About This Home

As of November 2025

Prime Investment Opportunity in the Heart of Downtown Des Moines! This exceptional property allows for both short-term and long-term rentals, offering unmatched flexibility. Enjoy easy access to the city's best restaurants and shopping just steps away. The property includes parking, a sauna, an exercise room, and an additional storage unit. Best of all, it comes fully furnished and ready to rent or move in immediately! All information obtained from seller and public records.

Last Agent to Sell the Property

David Rodriguez

RE/MAX Precision Listed on: 03/04/2025

RE/MAX Precision

Last Buyer's Agent

OUTSIDE AGENT

OTHER

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,046

Year Built

  • Built in 1930

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Brick Foundation

Interior Spaces

  • 865 Sq Ft Home
  • Dining Area

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02001715002041

Community Details

Overview

  • Kirkwood Condominiums Association

Amenities

  • Sauna
  • Community Storage Space

Recreation

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,046

Year Built

Built in 1930

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 179.08
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 175.14
  • Termite: Follow Showing Instructions
  • Unit: 1002
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Dining Room: Dining Areas
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 865
  • Total Sq Ft: 865

Exterior Features

  • Exterior: Brick
  • Foundation: Brick
  • Street Feature: Concrete
  • Trim: Oak

Utilities

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

Association/Amenities

  • Amenities: Exercise Room, Extra Storage, Sauna
  • HOA Name: Kirkwood Condominiums
  • Management Firm: Kirkwood Condominiums

Condo/Co-op/Association

  • Association Fee: 450.0000
  • Association Fee Term: Month
  • Association Fee: Yes

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: 02001715002041
  • Zoning: DX1

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 3046.00
  • Net Taxes: 2046.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2025
Closed on
Nov 20, 2025
Sold by
Plan B Investments Inc
Bought by
Cz Investments Llc
Seller's Agent
David Rodriguez
RE/MAX Precision
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$164,900
Sold Price
$151,500
Premium/Discount to List
-$13,400
-8.13%
Views
106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.88%
Original Mortgage
$151,500
Outstanding Balance
$151,500
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$1,825

Purchase Details

Listed on
Feb 8, 2022
Closed on
Mar 30, 2022
Sold by
Podray and Hannah
Bought by
Plan B Investments Inc
Seller's Agent
Elma Sinanovich
Platinum Realty LLC
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.61%

Purchase Details

Listed on
Jun 1, 2017
Closed on
Jun 30, 2017
Sold by
The Kirkwood Llc
Bought by
Podray Brad
Seller's Agent
Timothy Schutte
EXIT Realty & Associates
Buyer's Agent
Rachela Lack
Coldwell Banker Mid-America
List Price
$159,900
Sold Price
$158,000
Premium/Discount to List
-$1,900
-1.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.41%
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 Type Sale Price Title Company
Warranty Deed $151,500 None Listed On Document
Warranty Deed $150,000 None Listed On Document
Warranty Deed $158,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $151,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/21/2025 11/21/25 Sold $151,500 -2.2% $175 / Sq Ft
11/03/2025 11/03/25 Pending -- -- --
07/31/2025 07/31/25 Price Changed $154,900 -3.1% $179 / Sq Ft
06/06/2025 06/06/25 Price Changed $159,900 -1.3% $185 / Sq Ft
04/18/2025 04/18/25 Price Changed $162,000 -1.8% $187 / Sq Ft
03/04/2025 03/04/25 For Sale $164,900 +6.4% $191 / Sq Ft
03/01/2022 03/01/22 Sold $155,000 0.0% $179 / Sq Ft View Prior Sale
03/01/2022 03/01/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $155,000 -1.9% $179 / Sq Ft
06/30/2017 06/30/17 Sold $158,000 -1.2% $183 / Sq Ft View Prior Sale
06/12/2017 06/12/17 Pending -- -- --
06/01/2017 06/01/17 For Sale $159,900 -- $185 / Sq Ft
Source: Des Moines Area Association of REALTORS®

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 $2,976 $152,000 $9,700 $142,300
2024 $2,976 $151,300 $9,700 $141,600
2023 $3,566 $151,300 $9,700 $141,600
2022 $3,330 $151,300 $9,700 $141,600
2021 $3,898 $151,300 $9,700 $141,600
2020 $3,898 $159,200 $10,200 $149,000
2019 $4,050 $159,200 $10,200 $149,000
2018 $3,646 $159,200 $10,200 $149,000
2017 $1,022 $159,200 $10,200 $149,000
2016 $348 $103,510 $10,180 $93,330
Source: Public Records

Agents Affiliated with this Home

  • David Rodriguez

    Seller's Agent in 2025

    David Rodriguez

    RE/MAX

    (515) 619-8150

    4 in this area

    366 Total Sales

    David Rodriguez
    Section Image

  • O

    Buyer's Agent in 2025

    OUTSIDE AGENT

    OTHER

    19 in this area

    5,643 Total Sales

    OUTSIDE AGENT
    Section Image

  • E

    Seller's Agent in 2022

    Elma Sinanovich

    Platinum Realty LLC

    (515) 865-9109

    6 in this area

    17 Total Sales

    Elma Sinanovich
    Section Image
  • Timothy Schutte

    Seller's Agent in 2017

    Timothy Schutte

    EXIT Realty & Associates

    (515) 681-5677

    12 in this area

    188 Total Sales

    Timothy Schutte
    Section Image

  • R

    Buyer's Agent in 2017

    Rachela Lack

    Coldwell Banker Mid-America

See All Agents

About This Building

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 712847

Des Moines Area Association of REALTORS®

APN: 020-01715002041

Iowa Polk County Des Moines 50309 Downtown Des Moines

400 Walnut St Unit 1002, Des Moines, IA

Sold

Townhouses

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