NOT LISTED FOR SALE

400 Walnut St, Unit 603 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated Value: $159,000 - $172,815

1 Bed
1 Bath
925 Sq Ft
$179/Sq Ft Est. Value

Last Sold September 16, 2024

Last sale price $160,000 $173 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,653/month

99 Days on Market

Highlights

  • Fitness Center
  • Recreation Facilities
  • Eat-In Kitchen
  • Sauna
  • Shades
  • 1-minute walk to Cowles Commons

About This Home

As of September 2024

Discover the epitome of downtown living at the historic Kirkwood Building in Des Moines, Iowa. Perched on the 6th floor, this condo offers stunning views of the city skyline, providing a picturesque backdrop to everyday life. Inside, elegance meets functionality with an updated full bathroom boasting heated tile floors for year-round comfort. Spread across 925 sq ft, the open layout seamlessly integrates a breakfast bar/eat-in kitchen, and dining area, creating a spacious and inviting atmosphere. Additional amenities include a gym, a sauna, secure below ground storage, and an optional enclosed ramp parking space. Enjoy the convenience of skywalk access to neighboring commercial buildings and ground-floor restaurants right within the building, offering a diverse range of dining options. Situated just a block north of the vibrant Court Ave district, residents can immerse themselves in the city's cultural and culinary scene. With easy access to the Des Moines Downtown Farmers Market, fresh produce, artisanal delights, and live entertainment are always within reach. Don't miss the chance to make this urban oasis your home, where historic charm and modern luxury await in the heart of Des Moines.

Last Agent to Sell the Property

Cameron Campos

RE/MAX Concepts Listed on: 05/02/2024

RE/MAX Concepts

Co-Listed By

Chris Moore

RE/MAX Concepts

Last Buyer's Agent

Zac Bales-Henry

Black Phoenix Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,231

Year Built

  • Built in 1930

HOA Fees

  • $485 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Brick Exterior Construction
  • Rolled or Hot Mop Roof

Interior Spaces

  • 925 Sq Ft Home
  • Shades
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 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 02001715002022

Community Details

Overview

  • Exit Realty Capital City Association
  • The community has rules related to renting

Amenities

  • Sauna
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Fitness Center
  • Snow Removal

Security

  • Security Service
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,231

Year Built

Built in 1930

Lot Details

0

HOA Fees

$485 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 181.51
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 172.97
  • Termite: Follow Showing Instructions
  • Unit: 603
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, Laminate Floors, Shades/Shutters, Smoke Detector, Tile Floors
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Dining Room: Dining Areas, Eat In Kitchen
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 925
  • Total Sq Ft: 925

Exterior Features

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

Garage/Parking

  • Garage: 1 Detached

Utilities

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

Association/Amenities

  • Amenities: Exercise Room, Extra Storage, Rent Restrictions, Sauna, See Remarks, Snow Removal
  • HOA Name: The Kirkwood Commons HOA
  • Management Firm: EXIT Realty Capital City

Condo/Co-op/Association

  • Association Fee: 485.0000
  • 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: 02001715002022
  • Zoning: DX1

Rental Info

  • Rent Restriction Description: Currently no more rentals allowed. Must be owner occupied.

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 3231.00
  • Net Taxes: 3022.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Sep 13, 2024
Sold by
Drawbond Alex and Abulwahab Zainab
Bought by
Reynolds Jule L and Reynolds Theodore J
Seller's Agent
Cameron Campos
RE/MAX Concepts
Buyer's Agent
Zac Bales-Henry
Black Phoenix Group
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Views
596
Current Estimated Value
$165,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,204
Avg. Annual Appreciation
4.30%
Original Mortgage
$95,000
Outstanding Balance
$94,415
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$70,789

Purchase Details

Listed on
Mar 21, 2017
Closed on
Aug 15, 2018
Sold by
Kirkwood Llc
Bought by
Drawbond Alex
Seller's Agent
Timothy Schutte
EXIT Realty & Associates
Buyer's Agent
Cameron Campos
RE/MAX Concepts
List Price
$174,900
Sold Price
$174,000
Premium/Discount to List
-$900
-0.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.39%
Original Mortgage
$139,200
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Reynolds Jule L $160,000 None Listed On Document
Drawbond Alex $174,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Jule L $95,000
Previous Owner Drawbond Alex $139,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2024 09/16/24 Sold $160,000 -4.7% $173 / Sq Ft
08/09/2024 08/09/24 Pending -- -- --
06/04/2024 06/04/24 Price Changed $167,900 -1.2% $182 / Sq Ft
05/02/2024 05/02/24 For Sale $169,900 -2.4% $184 / Sq Ft
09/19/2018 09/19/18 Sold $174,000 -0.5% $188 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
03/21/2017 03/21/17 For Sale $174,900 -- $189 / 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 $2,976 $161,700 $10,400 $151,300
2023 $3,602 $161,700 $10,400 $151,300
2022 $3,572 $161,700 $10,400 $151,300
2021 $4,184 $161,700 $10,400 $151,300
2020 $4,184 $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
Source: Public Records

Agents Affiliated with this Home

  • Cameron Campos

    Seller's Agent in 2024

    Cameron Campos

    RE/MAX

    (515) 778-5345

    1 in this area

    174 Total Sales

    Cameron Campos
    Section Image
  • Chris Moore

    Seller Co-Listing Agent in 2024

    Chris Moore

    RE/MAX

    (515) 554-4549

    2 in this area

    154 Total Sales

    Chris Moore
    Section Image
  • Zac Bales-Henry

    Buyer's Agent in 2024

    Zac Bales-Henry

    Black Phoenix Group

    (515) 494-7772

    1 in this area

    137 Total Sales

    Zac Bales-Henry
    Section Image
  • Timothy Schutte

    Seller's Agent in 2018

    Timothy Schutte

    EXIT Realty & Associates

    (515) 681-5677

    14 in this area

    212 Total Sales

    Timothy Schutte
    Section Image
  • Inna Zimic

    Seller Co-Listing Agent in 2018

    Inna Zimic

    RE/MAX

    Section Image
  • Shane Torres

    Buyer Co-Listing Agent in 2018

    Shane Torres

    RE/MAX

    (515) 984-0222

    2 in this area

    670 Total Sales

    Shane Torres
    Section Image
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About This Building

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 694534

Des Moines Area Association of REALTORS®

APN: 020-01715002022

Iowa Polk County Des Moines 50309 Downtown Des Moines

400 Walnut St Unit 603, Des Moines, IA

This home is located at 400 Walnut St Unit 603, Des Moines, IA 50309 since 02 May 2024 and is currently estimated at $165,204, approximately $178 per square foot. This property was built in 1930. 400 Walnut St Unit 603 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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