Estimated payment $1,676/month
Highlights
- Fitness Center
- Sauna
- Tile Flooring
- Main Floor Primary Bedroom
- Eat-In Kitchen
- 1-minute walk to Cowles Commons
About This Home
Prime investment opportunity!! This FULLY FURNISHED unit is grandfathered in to allow for both short term Airbnb and long term rentals! Built in 1930 and transformed into luxury condos in 2018, this fully furnished 1-bedroom, 1-full bath home offers 925 sq. ft. of stylish downtown living. Oversized- East facing windows fill the space with natural light, highlighting a modern design with historic character. The building offers amenities including a fitness center, secure entrance & lower-level storage. Step outside your door at 400 Walnut Street and explore all that downtown Des Moines has to offer: restaurants, coffee shops, nightlife, concerts, the Sculpture Park, the farmers market, and the skywalk system are all just a short walk away. Whether you're looking for a chic downtown home or an income-producing property, this condo checks all the boxes! *One covered parking space in attached garage can be rented $120/month! Pet friendly!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,060
Year Built
- Built in 1930
HOA Fees
- $450 Monthly HOA Fees
Parking
- 1 Car Detached Garage
Home Design
- Brick Exterior Construction
Interior Spaces
- 925 Sq Ft Home
- Drapes & Rods
- Family Room
- Dining Area
Kitchen
- Eat-In Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Home Security
Utilities
- Forced Air Heating and Cooling System
- Municipal Trash
Listing and Financial Details
- Assessor Parcel Number 02001715002012
Community Details
Overview
- Front Yard Maintenance
- Kouri Management Association, Phone Number (515) 369-6000
- On-Site Maintenance
- The community has rules related to renting
Amenities
- Sauna
- Community Storage Space
Recreation
- Snow Removal
Pet Policy
- Breed Restrictions
Security
- Fire and Smoke Detector
Map
About This Building
Home Values in the Area
Average Home Value in this Area
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 | $3,182 | $162,600 | $10,500 | $152,100 |
| 2024 | $3,182 | $161,700 | $10,400 | $151,300 |
| 2023 | $3,810 | $161,700 | $10,400 | $151,300 |
| 2022 | $3,782 | $161,700 | $10,400 | $151,300 |
| 2021 | $4,412 | $161,700 | $10,400 | $151,300 |
| 2020 | $4,412 | $170,200 | $10,900 | $159,300 |
| 2019 | $4,574 | $170,200 | $10,900 | $159,300 |
| 2018 | $3,896 | $170,200 | $10,900 | $159,300 |
| 2017 | $1,094 | $170,200 | $10,900 | $159,300 |
| 2016 | $372 | $110,740 | $10,890 | $99,850 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/06/2026 01/06/26 | For Sale | $189,000 | +0.5% | $204 / Sq Ft | |
| 04/02/2025 04/02/25 | Sold | $188,000 | +1.6% | $203 / Sq Ft | View Prior Sale |
| 02/27/2025 02/27/25 | Pending | -- | -- | -- | |
| 12/16/2024 12/16/24 | For Sale | $185,000 | +27.6% | $200 / Sq Ft | |
| 08/13/2021 08/13/21 | Sold | $145,000 | 0.0% | $157 / Sq Ft | View Prior Sale |
| 08/13/2021 08/13/21 | Pending | -- | -- | -- | |
| 07/10/2021 07/10/21 | For Sale | $145,000 | -12.1% | $157 / Sq Ft | |
| 05/08/2019 05/08/19 | Pending | -- | -- | -- | |
| 05/03/2019 05/03/19 | Sold | $165,000 | 0.0% | $178 / Sq Ft | View Prior Sale |
| 05/03/2019 05/03/19 | For Sale | $165,000 | -- | $178 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $185,000 | None Listed On Document | |
| Warranty Deed | $185,000 | None Listed On Document | |
| Warranty Deed | $145,000 | None Listed On Document | |
| Warranty Deed | $165,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $147,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $132,000 | Commercial |
Source: Des Moines Area Association of REALTORS®
MLS Number: 732349
APN: 020-01715002012
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Ask me questions while you tour the home.