NOT LISTED FOR SALE

400 Walnut St, Unit 405 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated Value: $222,000 - $256,000

2 Beds
2 Baths
1,146 Sq Ft
$203/Sq Ft Est. Value

Last Sold March 18, 2021

Last sale price $198,000 $173 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,026/month

119 Days on Market

Highlights

  • Fitness Center
  • Sauna
  • Security Service
  • Art Deco Architecture
  • Recreation Facilities
  • 1-minute walk to Cowles Commons

About This Home

As of March 2021

What better location to live Downtown than the historic Kirkwood! 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 of the activities at your fingertips. This 2 bedroom/2 bath unit has a total of 1,146 Sqft. This unit features new flooring, paint, and in-unit washer and dryer. All appliances are included. HOA fees include storage, parking space, fitness center, sauna, water, trash, exterior building maintenance and security services. Units available for investors as well.

Last Agent to Sell the Property

Timothy Schutte

EXIT Realty & Associates Listed on: 11/19/2020

EXIT Realty & Associates

Co-Listed By

Brandy Underberg

Brandy Maier Properties & Inve

Last Buyer's Agent

Beth Ernst

Keller Williams Realty GDM

Keller Williams Realty GDM

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1930

HOA Fees

  • $421 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

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

Interior Spaces

  • 1,146 Sq Ft Home
  • Family Room
  • Dining Area

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 02001715002014

Community Details

Overview

  • Capital City Property Mgmt Association

Amenities

  • Sauna
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Fitness Center
  • Snow Removal

Security

  • 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
  • Architecture: Art Deco
  • Lp Amt Sq Ft: 174.43
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 172.77
  • Unit: 405
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Dining Room: Dining Areas
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 1146
  • Total Sq Ft: 1146

Exterior Features

  • Exterior: Brick
  • Foundation: Concrete Block
  • Roof: Roll Roofing
  • Street Feature: Asphalt, Public Sidewalk
  • Trim: Paint

Garage/Parking

  • Driveway: Asphalt
  • Garage: 1 Detached

Utilities

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

Association/Amenities

  • Amenities: Exercise Room, Extra Storage, Sauna, See Remarks, Snow Removal
  • HOA Name: The Kirkwood Commons HOA
  • Management Firm: Capital City Property Mgmt

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: 02001715002014
  • Zoning: res

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 5600.00
  • Net Taxes: 5600.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2020
Closed on
Apr 2, 2021
Sold by
The Kirkwood Llc
Bought by
Ifland Luke R
Seller's Agent
Timothy Schutte
EXIT Realty & Associates
Buyer's Agent
Beth Ernst
Keller Williams Realty GDM
List Price
$199,900
Sold Price
$198,000
Premium/Discount to List
-$1,900
-0.95%
Current Estimated Value
$232,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,311
Avg. Annual Appreciation
3.71%
Original Mortgage
$178,200
Outstanding Balance
$162,149
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$69,035
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
Ifland Luke R $198,000 None Available
Ifland Luke R $198,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ifland Luke R $178,200
Closed Ifland Luke R $19,800
Closed Ifland Luke R $178,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2021 03/18/21 Sold $198,000 -1.0% $173 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
11/19/2020 11/19/20 For Sale $199,900 -- $174 / 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 $3,734 $200,300 $12,800 $187,500
2023 $4,512 $200,300 $12,800 $187,500
2022 $4,476 $200,300 $12,800 $187,500
2021 $5,468 $200,300 $12,800 $187,500
2020 $5,468 $210,900 $13,500 $197,400
2019 $5,668 $210,900 $13,500 $197,400
2018 $4,828 $210,900 $13,500 $197,400
2017 $1,354 $210,900 $13,500 $197,400
2016 $462 $137,170 $13,490 $123,680
Source: Public Records

Agents Affiliated with this Home

  • Timothy Schutte

    Seller's Agent in 2021

    Timothy Schutte

    EXIT Realty & Associates

    (515) 681-5677

    14 in this area

    212 Total Sales

    Timothy Schutte
    Section Image
  • Brandy Underberg

    Seller Co-Listing Agent in 2021

    Brandy Underberg

    Brandy Maier Properties & Inve

    (641) 521-5955

    1 in this area

    62 Total Sales

    Brandy Underberg
    Section Image
  • Beth Ernst

    Buyer's Agent in 2021

    Beth Ernst

    Keller Williams Realty GDM

    (515) 599-7730

    16 in this area

    530 Total Sales

    Beth Ernst
    Section Image
See All Agents

About This Building

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 618397

Des Moines Area Association of REALTORS®

APN: 020-01715002014

Iowa Polk County Des Moines 50309 Downtown Des Moines

400 Walnut St Unit 405, Des Moines, IA

This home is located at 400 Walnut St Unit 405, Des Moines, IA 50309 since 19 November 2020 and is currently estimated at $232,311, approximately $202 per square foot. This property was built in 1930. 400 Walnut St Unit 405 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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