NOT LISTED FOR SALE

400 Walnut St, Unit 205 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated Value: $170,000 - $192,512

-- Bed
2 Baths
994 Sq Ft
$179/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $157,000 $158 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,751/month

88 Days on Market

Highlights

  • Fitness Center
  • Sauna
  • Eat-In Kitchen
  • Art Deco Architecture
  • Recreation Facilities
  • 1-minute walk to Cowles Commons

About This Home

As of January 2023

Affordable Downtown Living in the historic Kirkwood Hotel! Located on the corner of 4th and Walnut, just steps away from restaurants, shopping and nightlife with direct skywalk access! Enjoy downtown living with all the activities at your fingertips. 994 sqft, 2 bath studio with potential to add a wall to make it a one bedroom. In-unit washer/dryer, fridge, dishwasher and microwave are all included. HOA fees include storage, parking space, fitness center, sauna, water, trash, exterior building maintenance and security services.

Last Agent to Sell the Property

Timothy Schutte

EXIT Realty & Associates Listed on: 09/16/2022

EXIT Realty & Associates

Co-Listed By

Jasmina Salkic

EXIT Realty & Associates

Last Buyer's Agent

Amanda Shepherd

RE/MAX Concepts-Ames

RE/MAX Concepts-Ames

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1930

Lot Details

  • 0.32

HOA Fees

  • $475 Monthly HOA Fees

Home Design

  • Art Deco Architecture
  • Brick Exterior Construction
  • Rolled or Hot Mop Roof

Interior Spaces

  • 994 Sq Ft Home
  • Family Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 02001715002004

Community Details

Overview

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

Amenities

  • Sauna
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Fitness Center
  • Snow Removal

Security

  • Security Service

Property Details

Home Type

Apartment

Year Built

Built in 1930

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Apartment Style
  • Architecture: Art Deco
  • Lp Amt Sq Ft: 160.97
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 157.95
  • Termite: Follow Showing Instructions
  • Unit: 205
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: 1st Flr Laundry, Cable TV, Fire Alarm, Laminate Floors, Tile Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Dining Room: Eat In Kitchen
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 994
  • Total Sq Ft: 994

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Detached

Utilities

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

Association/Amenities

  • Amenities: Exercise Room, Extra Storage, Sauna
  • HOA Name: The Kirkwood Commons HOA
  • Management Firm: Capital City Property
  • Management Firm Phone: 5156502637

Condo/Co-op/Association

  • Association Fee: 475.0000
  • 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

  • Lot Shape: Regular
  • Assessor Parcel Number: 02001715002004
  • Zoning: R

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 4425.00
  • Net Taxes: 4425.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2022
Closed on
Jan 13, 2023
Sold by
Kirkwood Llc
Bought by
Krier Logan
Seller's Agent
Timothy Schutte
EXIT Realty & Associates
Buyer's Agent
Amanda Shepherd
RE/MAX Concepts-Ames
List Price
$160,000
Sold Price
$157,000
Premium/Discount to List
-$3,000
-1.88%
Views
8
Current Estimated Value
$177,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,878
Avg. Annual Appreciation
4.88%
Original Mortgage
$160,611
Outstanding Balance
$156,394
Interest Rate
6.49%
Mortgage Type
VA
Estimated Equity
$19,881
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
Krier Logan $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Krier Logan $160,611
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $157,000 -1.9% $158 / Sq Ft
12/13/2022 12/13/22 Pending -- -- --
10/31/2022 10/31/22 For Sale $160,000 0.0% $161 / Sq Ft
10/04/2022 10/04/22 Pending -- -- --
09/16/2022 09/16/22 For Sale $160,000 -- $161 / 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 $3,418 $173,700 $11,200 $162,500
2023 $4,094 $173,700 $11,200 $162,500
2022 $4,062 $173,700 $11,200 $162,500
2021 $4,742 $173,700 $11,200 $162,500
2020 $4,742 $182,900 $11,800 $171,100
2019 $4,916 $182,900 $11,800 $171,100
2018 $4,186 $182,900 $11,800 $171,100
2017 $1,178 $182,900 $11,800 $171,100
2016 $402 $119,210 $11,750 $107,460
Source: Public Records

Agents Affiliated with this Home

  • Timothy Schutte

    Seller's Agent in 2023

    Timothy Schutte

    EXIT Realty & Associates

    (515) 681-5677

    14 in this area

    212 Total Sales

    Timothy Schutte
    Section Image

  • J

    Seller Co-Listing Agent in 2023

    Jasmina Salkic

    EXIT Realty & Associates

    (319) 883-6995

    10 in this area

    150 Total Sales

    Jasmina Salkic
    Section Image
  • Amanda Shepherd

    Buyer's Agent in 2023

    Amanda Shepherd

    RE/MAX

    (515) 230-6831

    1 in this area

    84 Total Sales

    Section Image
See All Agents

About This Building

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 660267

Des Moines Area Association of REALTORS®

APN: 020-01715002004

Iowa Polk County Des Moines 50309 Downtown Des Moines

400 Walnut St Unit 205, Des Moines, IA

This home is located at 400 Walnut St Unit 205, Des Moines, IA 50309 since 16 September 2022 and is currently estimated at $177,878, approximately $178 per square foot. This property was built in 1930. 400 Walnut St Unit 205 is a home located in Polk County with nearby schools including Walnut Street School, Callanan Middle School, and Roosevelt High School.

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