NOT LISTED FOR SALE

400 Walnut St, Unit 601 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated Value: $240,000 - $260,000

2 Beds
2 Baths
1,357 Sq Ft
$184/Sq Ft Est. Value

Last Sold September 14, 2017

Last sale price $260,000 $192 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,081/month

104 Days on Market

Highlights

  • Fitness Center
  • Recreation Facilities
  • Tile Flooring
  • Sauna
  • Security Service
  • 1-minute walk to Cowles Commons

About This Home

As of September 2017

Affordable Downtown Living with this 1356 sqft 2 bed 2 bath for $261,000! The Kirkwood is the perfect location for Farmer's Market, stepping outside for night life, or taking the skywalk on cold days. Located across the street from Cowles Commons, one block away from the newly opened Hy-Vee, this property is perfectly situated for all of your needs downtown. Hungry? Go downstairs to experience fine dining without leaving your building with Vivian's and Wasabi Tao, then head to the gym in the lower level to burn it all off. Other amenities within the HOA include sauna, parking space in our own secure parking garage, water, dry cleaning pickup, and storage. This is fun easy living at it's best!

Last Agent to Sell the Property

Timothy Schutte

EXIT Realty & Associates Listed on: 04/12/2017

EXIT Realty & Associates

Last Buyer's Agent

Chris Ranallo

RE/MAX Concepts

RE/MAX Concepts

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1930

HOA Fees

  • $395 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Rolled or Hot Mop Roof

Interior Spaces

  • 1,357 Sq Ft Home
  • Drapes & Rods
  • Tile Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Utilities

  • Heating Available
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 02001715002020

Community Details

Overview

  • Exit Realty Capital City Association, Phone Number (515) 253-3948

Amenities

  • Sauna
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Fitness Center
  • Snow Removal

Security

  • Security Service
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 1930

Lot Details

0

HOA Fees

$395 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 192.34
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 191.60
  • Unit: 601
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, Drapes/Curtains, Smoke Detector, Tile Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1357
  • Total Sq Ft: 1357

Exterior Features

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

Garage/Parking

  • Garage: 1 Detached

Utilities

  • Sewer: City
  • Water: City
  • Heat: Electric
  • Services: Exterior Maint./Bldg., Lawn Care, Recreational Facilities, Security Services, See Remarks, Trash Service, Utilities

Association/Amenities

  • Amenities: Exercise Room, Extra Storage, Sauna, Snow Removal
  • HOA Name: Kirkwood Common HOA
  • Management Firm: EXIT Realty Capital City
  • Management Firm Phone: 515-253-3948

Condo/Co-op/Association

  • Association Fee: 395.0000
  • Association Fee Term: Month
  • Association Fee: Yes

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: 02001715002020
  • Zoning: R

Multi Family

  • Geo Solar Thermal: No

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2017
Closed on
Sep 12, 2017
Sold by
Kirkwood Llc
Bought by
Schmitt Dennis E and Schmitt Angela M
Seller's Agent
Timothy Schutte
EXIT Realty & Associates
Buyer's Agent
Chris Ranallo
RE/MAX Concepts
List Price
$261,000
Sold Price
$260,000
Premium/Discount to List
-$1,000
-0.38%
Current Estimated Value
$250,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,988
Avg. Annual Appreciation
-0.47%
Original Mortgage
$234,000
Outstanding Balance
$194,885
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$55,127
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
Schmitt Dennis E $260,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitt Dennis E $234,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2017 09/14/17 Sold $260,000 -0.4% $192 / Sq Ft
07/25/2017 07/25/17 Pending -- -- --
04/12/2017 04/12/17 For Sale $261,000 -- $192 / 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
2025 $4,460 $238,400 $15,300 $223,100
2024 $4,460 $237,200 $15,200 $222,000
2023 $5,382 $237,200 $15,200 $222,000
2022 $5,338 $237,200 $15,200 $222,000
2021 $6,246 $237,200 $15,200 $222,000
2020 $6,246 $249,700 $16,000 $233,700
2019 $6,482 $249,700 $16,000 $233,700
2018 $5,718 $249,700 $16,000 $233,700
2017 $1,604 $249,700 $16,000 $233,700
2016 $546 $162,440 $15,980 $146,460
Source: Public Records

Agents Affiliated with this Home

  • Timothy Schutte

    Seller's Agent in 2017

    Timothy Schutte

    EXIT Realty & Associates

    (515) 681-5677

    12 in this area

    190 Total Sales

    Timothy Schutte
    Section Image

  • C

    Buyer's Agent in 2017

    Chris Ranallo

    RE/MAX

    (515) 321-1101

    5 Total Sales

    Chris Ranallo
    Section Image
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About This Building

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 537226

Des Moines Area Association of REALTORS®

APN: 020-01715002020

Iowa Polk County Des Moines 50309 Downtown Des Moines

400 Walnut St Unit 601, Des Moines, IA

Not Listed for Sale

Townhouses

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