NOT LISTED FOR SALE

400 Walnut St, Unit 703 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated Value: $166,000 - $176,125

1 Bed
1 Bath
925 Sq Ft
$187/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $155,000 $168 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,631/month

467 Days on Market

Highlights

  • Art Deco Architecture
  • Security Service
  • Forced Air Heating System
  • Recreation Facilities
  • Tile Flooring
  • 1-minute walk to Cowles Commons

About This Home

As of March 2022

7th Floor condo in the historic Kirkwood Building in the heart of downtown Des Moines. It is located on the corner of 4th and Walnut, just steps away from restaurants and night life. Connected to the skywalk and walking distance to the best that Des Moines has to offer. It is in the perfect spot for the Farmers Market, Hy-Vee, events at Cowles Commons, Civic Center and Wells Fargo Arena. This 1 bed 1 bath condo has 925 sqft condo is sure to please with new floors, paint, and beautiful views of Cowels Commons.

Last Agent to Sell the Property

Timothy Schutte

EXIT Realty & Associates Listed on: 10/07/2020

EXIT Realty & Associates

Co-Listed By

Jasmina Salkic

EXIT Realty & Associates

Last Buyer's Agent

Mike Grossman

RE/MAX Revolution

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1930

HOA Fees

  • $421 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 925 Sq Ft Home
  • Drapes & Rods
  • Dining Area

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

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating System
  • Geothermal Heating and Cooling
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 02001715002027

Community Details

Overview

  • Capital City Property Mgmt Association, Phone Number (515) 505-0911

Recreation

  • Recreation Facilities

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Fire and Smoke Detector

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: 172.86
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 167.57
  • Unit: 703
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

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

Exterior Features

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

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Detached

Utilities

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

Association/Amenities

  • Amenities: Pet Restrictions
  • HOA Name: The Kirkwood Commons HOA
  • Management Firm: Capital City Property Mgmt
  • Management Firm Phone: 515-505-0911

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: 02001715002027
  • Zoning: res

Rental Info

  • Rent Restriction Description: Max 25% rentals

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 3896.00
  • Net Taxes: 3896.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2020
Closed on
Feb 25, 2022
Sold by
Kirkwood Llc
Bought by
Schmitz Carly A
Seller's Agent
Timothy Schutte
EXIT Realty & Associates
Buyer's Agent
Mike Grossman
RE/MAX Revolution
List Price
$159,900
Sold Price
$155,000
Premium/Discount to List
-$4,900
-3.06%
Current Estimated Value
$172,781

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,781
Avg. Annual Appreciation
4.34%
Original Mortgage
$139,500
Outstanding Balance
$130,933
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$47,383
Source: Public Records

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 803, Des Moines, IA 50309

    $170,000

    • 1 Bed
    • 1 Bath
    • 925 Sq Ft
    • 400 Walnut St
    • Unit 803
    • Des Moines, IA

    This gorgeous 8th floor one bedroom loft in the historic Kirkwood building offers an eclectic blend of Art Deco character with modern living. The unit’s East-facing exposure provides beautiful sunrises with stunning views of Cowels Commons, the Des Moines River, and overview of the East Village. This is a prime location, with walkable grocery stores and entertainment in every direction, and just

    Kevin Culver Keller Williams Realty GDM

    Section Image
  • 400 Walnut St Unit 403, Des Moines, IA 50309

    $205,900

    • 1 Bed
    • 1 Bath
    • 925 Sq Ft
    • 400 Walnut St
    • Unit 403
    • Des Moines, IA

    Exceptional value for this FULLY FURNISHED, 1-bedroom, 1-bathroom condo in the historic Hotel Kirkwood located in the heart of Downtown Des Moines. This 4th floor unit is a 925 square foot open concept plan, facing east offering plenty of daylight in the living spaces. Invest in this unit for yourself, or the HOA allows for both long-term rental or short-term (like Airbnb) for others to

    Robert Myers CDM Real Estate Services

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

    $159,900

    • 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 305, Des Moines, IA 50309

    $199,000

    • 2 Beds
    • 2 Baths
    • 1,146 Sq Ft
    • 400 Walnut St
    • Unit 305
    • Des Moines, IA

    Gorgeous Art Deco building with beautiful architecture. Heart of Downtown, close to Court Ave, location of the Downtown Farmers Market which runs from May- to the last weekend in October . Walking distance to the Civic Center, YMCA and many restaurants. Connected to the Skywalk system, all of the downtown is a short walk in climate control environment.This condo is a great layout with 2

    Trisha Eslick Davis Realty ONE Group Impact

    Section Image
  • 300 Walnut St Unit 1407, Des Moines, IA 50309

    $159,900

    • 1 Bed
    • 1 Bath
    • 738 Sq Ft
    • 300 Walnut St
    • Unit 1407
    • Des Moines, IA

    Your opportunity to own a fab-priced flat on the 14th floor of The Plaza just landed. Owning a home here is unlike any other location in central Iowa. It's a way of life! So much so that the homeowners in the building tend to move from smaller flats to larger ones or vice versa as their life needs change. Why? Location, views for days, amenities, security, convenience and its just plain fun

    Darla Willett-Rohrssen Iowa Realty Mills Crossing

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

    $165,000

    • 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 410, Des Moines, IA 50309

    $195,000

    • 1 Bed
    • 1 Bath
    • 795 Sq Ft
    • 300 Walnut St
    • Unit 410
    • Des Moines, IA

    Be part of the Plaza community in the highly desirable large 1-bedroom condo. The Plaza is in an ideal central downtown location on the skywalk. Enjoy the large living room as you to relax and dine. Also, relax with bright and sunny views facing north and east. The interior home views, was well as the balcony, allows you to overlook Cowles Commons and the Civic Center. Wow, what an awesome

    Dale Engelken United Real Estate Profess

    Section Image
  • 100 Market St Unit 222, Des Moines, IA 50309

    $159,900

    • 1 Bed
    • 1 Bath
    • 608 Sq Ft
    • 100 Market St
    • Unit 222
    • Des Moines, IA

    Awesome studio-style loft in the iconic Brown Camp Loft building. Boasting breathtaking views, this open-concept space seamlessly blends historic charm with modern upgrades. Enjoy an updated bath featuring a beautifully tiled walk-in shower, and a sleek kitchen complete with quartz countertops. Perfectly located to enjoy all that the city has to offer!

    B.J. Knapp Iowa Realty Mills Crossing

    Section Image
See All Homes in Des Moines

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

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
Schmitz Carly A $155,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitz Carly A $139,500
Closed Schmitz Carly A $15,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2022 03/01/22 Sold $155,000 -3.1% $168 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
01/17/2022 01/17/22 For Sale $159,900 +3.2% $173 / Sq Ft
09/17/2021 09/17/21 Off Market $155,000 -- --
09/09/2021 09/09/21 Price Changed $159,900 -3.0% $173 / Sq Ft
10/07/2020 10/07/20 For Sale $164,900 -- $178 / 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 $3,782 $161,700 $10,400 $151,300
2021 $4,412 $161,700 $10,400 $151,300
2020 $4,412 $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

  • Timothy Schutte

    Seller's Agent in 2022

    Timothy Schutte

    EXIT Realty & Associates

    (515) 681-5677

    14 in this area

    212 Total Sales

    Timothy Schutte
    Section Image

  • J

    Seller Co-Listing Agent in 2022

    Jasmina Salkic

    EXIT Realty & Associates

    (319) 883-6995

    10 in this area

    150 Total Sales

    Jasmina Salkic
    Section Image
  • Mike Grossman

    Buyer's Agent in 2022

    Mike Grossman

    RE/MAX Revolution

    (515) 229-0681

    4 in this area

    98 Total Sales

    Mike Grossman
    Section Image
See All Agents

About This Building

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 615531

Des Moines Area Association of REALTORS®

APN: 020-01715002027

Iowa Polk County Des Moines 50309 Downtown Des Moines

400 Walnut St Unit 703, Des Moines, IA

This home is located at 400 Walnut St Unit 703, Des Moines, IA 50309 since 07 October 2020 and is currently estimated at $172,781, approximately $186 per square foot. This property was built in 1930. 400 Walnut St Unit 703 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.

Nearby Homes