$245,000
SOLD MAY 6, 2022

400 Walnut St, Unit 201 Des Moines, IA 50309

Downtown Des Moines Neighborhood
2 Beds
2 Baths
1,357 Sq Ft
$421/mo HOA Fee

Recently Sold

$181 Per Sq Ft

8% Below List Price

Highlights

  • Fitness Center
  • Sauna
  • Security Service
  • Main Floor Primary Bedroom
  • Recreation Facilities
  • 1-minute walk to Cowles Commons

About This Home

As of May 2022

What better location to live Downtown than The Kirkwood! Located on the corner of 4th and Walnut just steps away from restaurants, shopping, parks and night life…..with direct skywalk access! Enjoy downtown living with all of the activities at your fingertips. Built in 1930, the building offers historical attributes with modern finishes in the units. All units were fully remodeled in 2005 with laminate flooring, new cabinets and bathrooms. This 2 bedroom/2 bath unit has a total of 1,357 Sq. Ft! All appliances included. Pet Friendly. Amenities included in the HOA include fitness center, sauna, garage access, and water.
All information obtained from seller and public records.

Last Agent to Sell the Property

Laura Slavin

RE/MAX Precision Listed on: 11/09/2021

RE/MAX Precision

Co-Listed By

Jonathan Musser

RE/MAX Precision

Last Buyer's Agent

Tyler Timp

LPT Realty, LLC

LPT Realty, LLC

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1930

HOA Fees

  • $421 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Rolled or Hot Mop Roof

Interior Spaces

  • 1,357 Sq Ft Home
  • Family Room
  • Dining Area

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 02001715002001

Community Details

Overview

  • Capital City Property Mgmt Association, Phone Number (515) 505-0911

Recreation

  • Recreation Facilities
  • Fitness Center
  • Snow Removal

Additional Features

  • Sauna
  • Security Service

Townhouse Details

Home Type

Townhome

Year Built

Built in 1930

Lot Details

0

HOA Fees

$421 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 184.23
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 180.55
  • Termite: Follow Showing Instructions
  • Unit: 201
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Dining Room: Dining Areas
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1357
  • Total Sq Ft: 1357

Exterior Features

  • Exterior: Brick
  • Foundation: Concrete Block
  • Roof: Roll Roofing
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage Parking Stalls: 1

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Electric Forced Air, Heat Pump
  • Services: Exterior Maint./Bldg., Lawn Care, Recreational Facilities, Security Services, Snow Removal, Trash Service, Utilities

Association/Amenities

  • Amenities: Exercise Room, Sauna
  • HOA Name: Kirkwood Commons HO
  • Management Firm: Capital City Property Mgmt
  • Management Firm Phone: 515-505-0911

Condo/Co-op/Association

  • Association Fee: 421.0000
  • 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: 02001715002001
  • Zoning: DX1

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 6298.00
  • Net Taxes: 6070.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2019
Closed on
Nov 6, 2019
Sold by
The Kirkwood Llc
Bought by
Olmstead Perrin E and Olmstead Casey M
Seller's Agent
Timothy Schutte
EXIT Realty & Associates
Buyer's Agent
Laura Slavin
RE/MAX Precision
List Price
$237,000
Sold Price
$225,000
Premium/Discount to List
-$12,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.26%
Original Mortgage
$202,500
Outstanding Balance
$178,501
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$63,726
Source: Public Records

Range of Values:

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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 $225,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $202,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Price Changed $239,000 -1.2% $176 / Sq Ft
07/16/2025 07/16/25 Price Changed $242,000 -2.0% $178 / Sq Ft
05/15/2025 05/15/25 For Sale $247,000 +0.8% $182 / Sq Ft
05/06/2022 05/06/22 Sold $245,000 -2.0% $181 / Sq Ft
05/01/2022 05/01/22 Pending -- -- --
12/29/2021 12/29/21 Price Changed $250,000 -3.8% $184 / Sq Ft
11/29/2021 11/29/21 Price Changed $260,000 -1.9% $192 / Sq Ft
11/09/2021 11/09/21 For Sale $265,000 +17.8% $195 / Sq Ft
11/06/2019 11/06/19 Sold $225,000 -5.1% $166 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
09/30/2019 09/30/19 For Sale $237,000 -- $175 / 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 $4,460 $237,200 $15,200 $222,000
2023 $5,382 $237,200 $15,200 $222,000
2022 $5,338 $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

  • T

    Seller's Agent in 2025

    Tyler Timp

    LPT Realty, LLC

    (515) 953-8854

    2 in this area

    64 Total Sales

    Tyler Timp
    Section Image
  • Kyle Clarkson

    Seller Co-Listing Agent in 2025

    Kyle Clarkson

    LPT Realty, LLC

    (515) 554-2249

    2 in this area

    695 Total Sales

    Kyle Clarkson
    Section Image
  • Laura Slavin

    Seller's Agent in 2022

    Laura Slavin

    RE/MAX

    (515) 202-4129

    1 in this area

    232 Total Sales

    Laura Slavin
    Section Image
  • Jonathan Musser

    Seller Co-Listing Agent in 2022

    Jonathan Musser

    RE/MAX

    (515) 953-8466

    3 in this area

    223 Total Sales

    Jonathan Musser
    Section Image
  • Timothy Schutte

    Seller's Agent in 2019

    Timothy Schutte

    EXIT Realty & Associates

    (515) 681-5677

    13 in this area

    199 Total Sales

    Timothy Schutte
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Jasmina Salkic-Schutte

    EXIT Realty & Associates

    (319) 883-6995

    9 in this area

    146 Total Sales

    Jasmina Salkic-Schutte
    Section Image
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About This Building

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 641366

Des Moines Area Association of REALTORS®

APN: 020-01715002001

Iowa Polk County Des Moines 50309 Downtown Des Moines

400 Walnut St Unit 201, Des Moines, IA

This home is located at 400 Walnut St Unit 201, Des Moines, IA 50309 and is currently priced at $245,000, approximately $180 per square foot. This property was built in 1930. 400 Walnut St Unit 201 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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