$162,000
SOLD FEB 28, 2025
1 Bed
1 Bath
865 Sq Ft
$375/mo HOA Fee

Recently Sold

$187 Per Sq Ft

5% Below List Price

97 Days on Market

Highlights

  • Fitness Center
  • Forced Air Heating and Cooling System
  • 1-minute walk to Cowles Commons
  • Sauna
  • Community Storage Space

About This Home

As of February 2025

Prime Investment Opportunity in the Heart of Downtown Des Moines! This exceptional property allows for both short-term and long-term rentals, offering unmatched flexibility. Enjoy easy access to the city's best restaurants and shopping just steps away. The property includes parking, a sauna, an exercise room, and an additional storage unit. Best of all, it comes fully furnished and ready to rent or move in immediately!

Last Agent to Sell the Property

David Rodriguez

RE/MAX Precision

RE/MAX Precision

Last Buyer's Agent

Misty Darling

BH&G Real Estate Innovations

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,976

Year Built

  • Built in 1930

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • 865 Sq Ft Home
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02001715002016

Community Details

Overview

  • Kirkwood Condominiums Association

Amenities

  • Sauna
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,976

Year Built

Built in 1930

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 193.53
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 187.28
  • Termite: Follow Showing Instructions
  • Unit: 502
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 865
  • Total Sq Ft: 865

Exterior Features

  • Exterior: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Association/Amenities

  • Amenities: Exercise Room, Extra Storage, Pet Restrictions, Sauna
  • HOA Name: Kirkwood Condominiums
  • Management Firm: Kirkwood Condominiums

Condo/Co-op/Association

  • Association Fee: 375.0000
  • 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: 02001715002016
  • Zoning: DX1

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 2976.00
  • Net Taxes: 2976.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Feb 27, 2025
Sold by
Plan B Investments Inc
Bought by
Ingels Chad Gerhard and Ingels Tammy Sue
Seller's Agent
David Rodriguez
RE/MAX Precision
Buyer's Agent
Misty Darling
BH&G Real Estate Innovations
List Price
$169,900
Sold Price
$162,000
Premium/Discount to List
-$7,900
-4.65%
Total Days on Market
97
Views
54

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.84%
Original Mortgage
$129,600
Outstanding Balance
$129,495
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$31,178

Purchase Details

Listed on
Feb 8, 2022
Closed on
Mar 30, 2022
Sold by
Lamine Sinanovic and Lamine Mouhamadou
Bought by
Plan B Investments Inc
Seller's Agent
Elma Sinanovich
Platinum Realty LLC
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.61%

Purchase Details

Listed on
Dec 28, 2017
Closed on
Jul 16, 2018
Sold by
Kirkwood Llc
Bought by
Sinanovich Elma
Seller's Agent
Timothy Schutte
EXIT Realty & Associates
Buyer's Agent
Timothy Schutte
EXIT Realty & Associates
List Price
$161,000
Sold Price
$160,000
Premium/Discount to List
-$1,000
-0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.85%
Original Mortgage
$128,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in Des Moines, IA

  • 3031 Grand Ave Unit 218, Des Moines, IA 50312

    $150,000

    • 1 Bed
    • 1 Bath
    • 790 Sq Ft
    • 3031 Grand Ave
    • Unit 218
    • Des Moines, IA

    Come check out this phenomenal unit inside 3031 Grand Ave! This cozy condo features an open concept kitchen and living space which is great for entertaining! The kitchen boasts custom cabinets, newer stainless steel appliances, and granite countertops! There's a spacious bedroom with a walk in closet and large bathroom with in-unit laundry! Just off the living area is a patio area perfect for

    Chris Kew RE/MAX Precision

    Section Image
  • 400 Walnut St Unit 1002, Des Moines, IA 50309

    $162,000

    • 1 Bed
    • 1 Bath
    • 865 Sq Ft
    • 400 Walnut St
    • Unit 1002
    • Des Moines, IA

    Prime Investment Opportunity in the Heart of Downtown Des Moines! This exceptional property allows for both short-term and long-term rentals, offering unmatched flexibility. Enjoy easy access to the city's best restaurants and shopping just steps away. The property includes parking, a sauna, an exercise room, and an additional storage unit. Best of all, it comes fully furnished and ready to rent

    David Rodriguez RE/MAX Precision

    Section Image
  • 400 Walnut St Unit 602, Des Moines, IA 50309

    $175,000

    • 1 Bed
    • 1 Bath
    • 865 Sq Ft
    • 400 Walnut St
    • Unit 602
    • Des Moines, IA

    With an unbeatable downtown Des Moines location, this fantastic condo offers the perfect blend of modern amenities and historic charm. Situated in the iconic 1930-built Kirkwood Hotel, the property allows for both short-term and long-term rentals, making it a versatile income-generating asset. Enjoy access to a workout room complete with a relaxing sauna, all within walking distance of the cities

    Marc Olson Re/max Concepts-Nevada

    Section Image
  • 300 Walnut St Unit 906, Des Moines, IA 50309

    $170,000

    • 1 Bed
    • 1 Bath
    • 680 Sq Ft
    • 300 Walnut St
    • Unit 906
    • Des Moines, IA

    Looking for a place that's right in the middle of everything? This downtown Des Moines condo at The Plaza checks all the boxes. It has an open layout with hardwood floors, a great kitchen with granite counters, maple cabinets, stainless steel appliances, and a sharp tile backsplash. The bathroom's been nicely updated with a tiled walk-in shower, and the private balcony is perfect for enjoying

    Stephanie Anania RE/MAX Revolution

    Section Image
  • 300 Walnut St Unit 2005, Des Moines, IA 50309

    $185,000

    • 1 Bed
    • 1 Bath
    • 750 Sq Ft
    • 300 Walnut St
    • Unit 2005
    • Des Moines, IA

    You will feel like “you are on top of the world” in this 20th floor high rise condo with a panoramic view of downtown Des Moines. This very affordable unit has 750 SF, 1 BR, 1 bath, outside deck, and an indoor basement parking stall. The $569 per month dues include heat, air conditioning, water, sewer, internet, cable TV and laundry, building maintenance, on site management, workout room,

    Rick Wanamaker Iowa Realty Mills Crossing

    Section Image
  • 112 11th St Unit 102, Des Moines, IA 50309

    $149,900

    • 1 Bed
    • 1 Bath
    • 813 Sq Ft
    • 112 11th St
    • Unit 102
    • Des Moines, IA

    Industrial, ground level loft with concrete floors, exposed brick & HUGE windows. Open layout with 16’ ceilings, large walk in shower, generous closet and storage space. Unique feature, the bed is lofted above the bathroom and closet area creating more usable living space. Walking distance to a variety of restaurants/bars, Western Gateway Park and the downtown farmer’s market. Amenities include a

    B.J. Knapp Iowa Realty Mills Crossing

    Section Image
  • 112 11th St Unit 504, Des Moines, IA 50309

    $169,900

    • 1 Bed
    • 1 Bath
    • 813 Sq Ft
    • 112 11th St
    • Unit 504
    • Des Moines, IA

    The Mulberry Lofts in downtown Des Moines offer a modern and stylish living space. With updates like Cambria quartz countertops, Blanco kitchen sink, and custom cabinetry, along with a tiled shower and in-unit laundry, it combines convenience and luxury. A rooftop patio and designated parking space make it even more appealing. Also a soon to be renovated community center and private workout

    Connie Nanninga RE/MAX Precision

    Section Image
  • 450 SW 7th St Unit 103, Des Moines, IA 50309

    $159,500

    • 1 Bed
    • 1 Bath
    • 550 Sq Ft
    • 450 SW 7th St
    • Unit 103
    • Des Moines, IA

    FULL TAX ABATEMENT UNTIL 2029 makes this competitive price a value compared to renting!! WATER & INTERNET INCLUDED in the HOA dues! The Edison is a newer condo complex, meaning less concerns with older appliances or building maintenance issues along with a locked building for secure entry with a fey FOB. Convenient to downtown Des Moines, with additional amenities popping up everyday. Two

    Matt Cole RE/MAX Concepts

    Section Image
  • 400 E Locust St Unit 204, Des Moines, IA 50309

    $142,900

    • 1 Bed
    • 1 Bath
    • 805 Sq Ft
    • 400 E Locust St
    • Unit 204
    • Des Moines, IA

    Here's your chance to own one of the best priced condos in downtown Des Moines. Located in the heart of the bustling East Village, this spacious 805 sf, 1 bedroom, 1 bathroom condo has a premier location with great access to restaurants, shops, live music, special events and more. The condo has recently been renovated with fresh interior paint, newer solid surface flooring, newer appliances

    Ernie Huffey RE/MAX Revolution

    Section Image

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 $162,000 None Listed On Document
Warranty Deed $150,000 None Listed On Document
Warranty Deed $160,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $129,600 New Conventional
Previous Owner $128,000 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $162,000 -3.2% $187 / Sq Ft
12/10/2024 12/10/24 Pending -- -- --
09/19/2024 09/19/24 Price Changed $167,400 -1.5% $194 / Sq Ft
09/04/2024 09/04/24 For Sale $169,900 +3.0% $196 / Sq Ft
03/01/2022 03/01/22 Sold $165,000 0.0% $191 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
02/08/2022 02/08/22 For Sale $165,000 +3.1% $191 / Sq Ft
07/20/2018 07/20/18 Sold $160,000 -0.6% $185 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
12/28/2017 12/28/17 For Sale $161,000 -- $186 / Sq Ft
Source: Des Moines Area Association of REALTORS®

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 $2,976 $151,300 $9,700 $141,600
2023 $3,566 $151,300 $9,700 $141,600
2022 $3,538 $151,300 $9,700 $141,600
2021 $4,128 $151,300 $9,700 $141,600
2020 $4,128 $159,200 $10,200 $149,000
2019 $4,278 $159,200 $10,200 $149,000
2018 $3,646 $159,200 $10,200 $149,000
2017 $1,022 $159,200 $10,200 $149,000
2016 $348 $103,510 $10,180 $93,330
Source: Public Records

Source: Des Moines Area Association of REALTORS®

MLS Number: 703141

Des Moines Area Association of REALTORS®

APN: 020-01715002016