NOT LISTED FOR SALE

400 Walnut St, Unit 404 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated Value: $237,000 - $266,000

2 Beds
2 Baths
1,324 Sq Ft
$421/mo HOA Fee

Last Sold May 22, 2020

Last sale price $215,000 $162 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,166/month

32 Days on Market

Highlights

  • Sauna
  • 1-Story Property
  • Heat Pump System
  • 1 Car Detached Garage
  • Central Air
  • 1-minute walk to Cowles Commons

About This Home

As of May 2020

Here's your chance to own a piece of the downtown Des Moines skyline as well as a slice of history. The historic Kirkwood hotel is 85 years old and has been a staple of downtown life for decades. Completely renovated and priced to sell, this exquisite unit boasts views of the Capitol Building, Cowles Commons, Forth Street. Inside the unit, you'll find over 1,300 sqft of contemporary finishes and an open concept plan with two master suites. Natural light is abundant as it flows from every window, bathing the unit and bringing out a richness of colors. Positioned right off of fourth and only a block from court, you'll have access to a hotbed of DSM entertainment-- all within walking distance. For added convenience, there is also access to the skywalk, making it easy to live, work, and play downtown. You won't want to miss this little slice of history with all of its beautiful modern touches. Come look today!

Last Agent to Sell the Property

Zachary Bales-Henry

Black Phoenix Group License #B58727 Listed on: 03/11/2020

Last Buyer's Agent

Member Non

CENTRAL IOWA BOARD OF REALTORS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,346

Year Built

  • Built in 1930

HOA Fees

  • $421 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 1,324 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 02001715002013

Community Details

Overview

  • Kirkwood Commons Hoa/Exit Realty Capital City Association, Phone Number (515) 253-3948
  • Maintained Community

Amenities

  • Sauna

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,346

Year Built

Built in 1930

Lot Details

0

HOA Fees

$421 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Hard Surface
  • Directions: From Grand Ave. turn south on 5th Ave., then east on Walnut St. to property
  • Above Grade Finished Sq Ft: 1324.0
  • Architectural Style: 1 Story
  • Garage Yn: Yes
  • Year Built: 1930
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Has Basement: None
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Laminate
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:None3: Yes
  • Features:Main Floor Bedroom: Yes

Exterior Features

  • Construction Type: Brick
  • Foundation Details: Block

Garage/Parking

  • General Information:Garage Type2: Detached
  • General Information:Garage Capacity: 1 Car

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Electric: Yes
  • Heating:Heat Pump: Yes

Condo/Co-op/Association

  • Amenities: Maintenance Grounds, Sauna
  • Association Fee: 421.0
  • Association Name: Kirkwood Commons HOA/Exit Realty Capital City
  • Phone: 515-253-3948
  • Association: Yes

Association/Amenities

  • General Information:Association Fee: 421.0
  • General Information:Association Fee Per: Monthly
  • Amenities:Exterior Maintenance: Yes
  • Amenities:Sauna: Yes

Schools

  • Junior High Dist: Des Moines

Lot Info

  • Parcel #: 02001715002013
  • Zoning: C3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
May 19, 2020
Sold by
Murphy Scott M
Bought by
Noel Anthony John
Seller's Agent
Zachary Bales-Henry
Black Phoenix Group
Buyer's Agent
Member Non
CENTRAL IOWA BOARD OF REALTORS
List Price
$219,000
Sold Price
$215,000
Premium/Discount to List
-$4,000
-1.83%
Current Estimated Value
$248,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,175
Avg. Annual Appreciation
3.40%
Original Mortgage
$180,000
Outstanding Balance
$161,583
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$93,216

Purchase Details

Listed on
Aug 12, 2016
Closed on
Oct 25, 2016
Sold by
Kirkwood Llc
Bought by
Murphy Scott M
Seller's Agent
Timothy Schutte
EXIT Realty & Associates
Buyer's Agent
Timothy Schutte
EXIT Realty & Associates
List Price
$247,500
Sold Price
$247,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.86%
Original Mortgage
$25,000
Interest Rate
3.42%
Mortgage Type
Second Mortgage Made To Cover Down Payment
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
Noel Anthony John $215,000 None Available
Murphy Scott M $247,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Noel Anthony John $180,000
Previous Owner Murphy Scott M $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $215,000 -1.8% $162 / Sq Ft
04/13/2020 04/13/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $219,000 -11.5% $165 / Sq Ft
10/25/2016 10/25/16 Sold $247,500 0.0% $187 / Sq Ft
10/25/2016 10/25/16 Pending -- -- --
08/12/2016 08/12/16 For Sale $247,500 -- $187 / Sq Ft
Source: Central Iowa Board 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 $4,346 $231,400 $14,800 $216,600
2023 $5,244 $231,400 $14,800 $216,600
2022 $5,202 $231,400 $14,800 $216,600
2021 $6,316 $231,400 $14,800 $216,600
2020 $6,316 $243,600 $15,600 $228,000
2019 $6,546 $243,600 $15,600 $228,000
2018 $5,256 $243,600 $15,600 $228,000
2017 $1,564 $243,600 $15,600 $228,000
2016 $534 $158,450 $15,580 $142,870
Source: Public Records

Agents Affiliated with this Home

  • Z

    Seller's Agent in 2020

    Zachary Bales-Henry

    Black Phoenix Group

  • M

    Buyer's Agent in 2020

    Member Non

    CENTRAL IOWA BOARD OF REALTORS

  • 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: Central Iowa Board of REALTORS®

MLS Number: 54218

APN: 020-01715002013

Iowa Polk County Des Moines 50309 Downtown Des Moines

400 Walnut St Unit 404, Des Moines, IA

This home is located at 400 Walnut St Unit 404, Des Moines, IA 50309 since 11 March 2020 and is currently estimated at $248,175, approximately $187 per square foot. This property was built in 1930. 400 Walnut St Unit 404 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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