$154,900
$10K PRICE DROP

400 Walnut St, Unit 1002 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated payment $1,515/month

Total Views 11,756
1 Bed
1 Bath
865 Sq Ft
$179 Price per Sq Ft

Highlights

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

About This Home

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.

Listing Agent

David Rodriguez

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

RE/MAX Precision

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

  • Fitness Center

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
  • 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

Map

About This Building

Range of Values:

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Average Value
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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

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
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®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $150,000 None Listed On Document
Warranty Deed $158,000 None Available
Source: Public Records

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

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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Listing Agent
David Rodriguez
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RE/MAX Precision
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