NOT LISTED FOR SALE

400 Walnut St, Unit 1202 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated Value: $164,000 - $181,000

1 Bed
1 Bath
865 Sq Ft
$200/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $168,000 $194 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,617/month

57 Days on Market

Highlights

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

About This Home

As of February 2022

Downtown Living at its finiest! This penthouse unit in the Kirkwood boasts 14' ceilings in the heart of Downtown Des Moines. With Stainless Steele Appliances included, Washer and Dryer in the unit and a sweeping open concept, this is one for the best units Downtown. Enjoy the Sauna, Fitness Center and covered parking garage attached to the building. Scheduling your showing today!

Last Agent to Sell the Property

Richard Grubb

Realty ONE Group Impact Listed on: 01/02/2022

Realty ONE Group Impact

Last Buyer's Agent

Adessa Schaudt

LPT Realty, LLC

LPT Realty, LLC

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1930

HOA Fees

  • $405 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • 865 Sq Ft Home
  • Brick Exterior Construction

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02001715002051

Community Details

Overview

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

Amenities

  • Sauna
  • Community Storage Space

Recreation

  • Fitness Center

Townhouse Details

Home Type

Townhome

Year Built

Built in 1930

Lot Details

0

HOA Fees

$405 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 194.22
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 194.22
  • Termite: Follow Showing Instructions
  • Unit: 1202
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

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

Exterior Features

  • Exterior: Brick
  • Street Feature: Public Sidewalk

Garage/Parking

  • Garage: 1 Detached

Utilities

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

Association/Amenities

  • Amenities: Exercise Room, Extra Storage, Sauna
  • HOA Name: Kirkwood Commons HOA
  • Management Firm: Capital City Property Mgmt
  • Management Firm Phone: 515-650-2637

Condo/Co-op/Association

  • Association Fee: 405.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Schools

  • School District: Des Moines Independent

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: 02001715002051
  • Zoning: DX1

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 4279.00
  • Net Taxes: 4279.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2022
Closed on
Feb 23, 2022
Sold by
R & G Downtown Properties Llc
Bought by
406 Holdings Llc
Seller's Agent
Richard Grubb
Realty ONE Group Impact
Buyer's Agent
Adessa Schaudt
LPT Realty, LLC
List Price
$168,000
Sold Price
$168,000
Current Estimated Value
$172,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,869
Avg. Annual Appreciation
0.64%
Original Mortgage
$146,464
Outstanding Balance
$137,742
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$33,843

Purchase Details

Listed on
Nov 17, 2015
Closed on
Feb 1, 2016
Sold by
The Kirkwood Llc
Bought by
R & G Downtown Properties Llc
Seller's Agent
Timothy Schutte
EXIT Realty & Associates
Buyer's Agent
Richard Grubb
Realty ONE Group Impact
List Price
$155,000
Sold Price
$152,000
Premium/Discount to List
-$3,000
-1.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.66%
Original Mortgage
$114,000
Interest Rate
3.97%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

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Range of Values:

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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
406 Holdings Llc $168,000 None Listed On Document
R & G Downtown Properties Llc $152,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 406 Holdings Llc $146,464
Previous Owner R & G Downtown Properties Llc $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $168,000 0.0% $194 / Sq Ft
02/28/2022 02/28/22 Pending -- -- --
01/02/2022 01/02/22 For Sale $168,000 +10.5% $194 / Sq Ft
02/02/2016 02/02/16 Sold $152,000 -1.9% $175 / Sq Ft
12/17/2015 12/17/15 Pending -- -- --
11/17/2015 11/17/15 For Sale $155,000 -- $178 / 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
2024 $2,976 $151,300 $9,700 $141,600
2023 $3,566 $151,300 $9,700 $141,600
2022 $3,538 $151,300 $9,700 $141,600
2021 $4,128 $151,300 $9,700 $141,600
2020 $4,128 $159,200 $10,200 $149,000
2019 $4,278 $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

  • Richard Grubb

    Seller's Agent in 2022

    Richard Grubb

    Realty ONE Group Impact

    (515) 779-2192

    1 in this area

    292 Total Sales

    Richard Grubb
    Section Image

  • A

    Buyer's Agent in 2022

    Adessa Schaudt

    LPT Realty, LLC

    (641) 373-3919

    1 in this area

    16 Total Sales

    Adessa Schaudt
    Section Image
  • Timothy Schutte

    Seller's Agent in 2016

    Timothy Schutte

    EXIT Realty & Associates

    (515) 681-5677

    14 in this area

    212 Total Sales

    Timothy Schutte
    Section Image
See All Agents

About This Building

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 643896

Des Moines Area Association of REALTORS®

APN: 020-01715002051

Iowa Polk County Des Moines 50309 Downtown Des Moines

400 Walnut St Unit 1202, Des Moines, IA

This home is located at 400 Walnut St Unit 1202, Des Moines, IA 50309 since 02 January 2022 and is currently estimated at $172,869, approximately $199 per square foot. This property was built in 1930. 400 Walnut St Unit 1202 is a home located in Polk County with nearby schools including Walnut Street School, Callanan Middle School, and Roosevelt High School.

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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