NOT LISTED FOR SALE

400 Walnut St, Unit 901 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated Value: $249,000 - $264,000

2 Beds
2 Baths
1,357 Sq Ft
$189/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $232,000 $171 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,239/month

211 Days on Market

Highlights

  • Fitness Center
  • Shades
  • Home Security System
  • Main Floor Primary Bedroom
  • Security Service
  • 1-minute walk to Cowles Commons

About This Home

As of November 2022

Located within a historic 1930's building and completely renovated in 2017, this downtown condo awaits its new owner. Walk anywhere downtown and enjoy farmers market, civic center, coffee shops, trails and access almost all of downtown with skywalk access. This unit is conveniently located on the 9th floor with views of downtown. This southern and eastern exposure is full of natural light with large windows and is one of the largest 2 bedroom, 2 bath floor plan units available. There are 2 full bathrooms for each bedroom. There is a cabinet in the hall bath for additional storage or linens. The kitchen is spacious with granite counter tops and stainless appiances. This unit has new flooring, updated mechanicals and nice nuetral decor and move in ready. Garage space has an electric charging system already installed for you! Newly secured building as well. All information obtained from Seller and public records.

Last Agent to Sell the Property

Stephanie Sullivan

RE/MAX Precision Listed on: 03/08/2022

RE/MAX Precision

Last Buyer's Agent

Rita Muilenburg

LPT Realty, LLC

LPT Realty, LLC

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1930

Lot Details

  • 0.32

HOA Fees

  • $421 Monthly HOA Fees

Home Design

  • Block Foundation
  • Slab Foundation
  • Rolled or Hot Mop Roof

Interior Spaces

  • 1,357 Sq Ft Home
  • Shades
  • Dining Area
  • Home Security System

Kitchen

  • Stove
  • Cooktop
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 02001715002035

Community Details

Overview

  • Capitol City Management Association, Phone Number (515) 505-0911

Amenities

  • Community Storage Space

Recreation

  • 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

$421 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 179.81
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 170.97
  • Termite: Follow Showing Instructions
  • Unit: 901
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, Laminate Floors, Security System, Shades/Shutters, Smoke Detector, Tile Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Basement Description: Slab
  • Dining Room: Dining Areas
  • Included Items: Cooktop, Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1357
  • Total Sq Ft: 1357

Exterior Features

  • Foundation: Concrete Block
  • Roof: Roll Roofing
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Detached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Electric Forced Air, Heat Pump
  • Services: Exterior Maint./Bldg., Insurance, Lawn Care, Security Services, Snow Removal, Trash Service

Association/Amenities

  • Amenities: Exercise Room, Extra Storage, Snow Removal
  • HOA Name: Kirkwood Commons
  • Management Firm: Capitol City Management
  • 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: 02001715002035
  • Zoning: DX1

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 5934.00
  • Net Taxes: 5934.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Nov 3, 2022
Sold by
Bennett Jason T and Bennett Melissa
Bought by
Francke Katerina
Seller's Agent
Stephanie Sullivan
RE/MAX Precision
Buyer's Agent
Rita Muilenburg
LPT Realty, LLC
List Price
$259,000
Sold Price
$232,000
Premium/Discount to List
-$27,000
-10.42%
Views
43
Current Estimated Value
$256,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,408
Avg. Annual Appreciation
3.51%
Original Mortgage
$208,800
Outstanding Balance
$201,975
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$51,993

Purchase Details

Listed on
Oct 3, 2016
Closed on
Jan 26, 2017
Sold by
Kirkwood Llc
Bought by
Bennett Jason T and Bennett Melissa
Seller's Agent
Timothy Schutte
EXIT Realty & Associates
Buyer's Agent
Stephanie Sullivan
RE/MAX Precision
List Price
$257,000
Sold Price
$257,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.76%
Original Mortgage
$231,000
Interest Rate
4.12%
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
Francke Katerina $232,000 --
Bennett Jason T $257,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francke Katerina $208,800
Previous Owner Bennett Jason T $45,000
Previous Owner Bennett Jason T $205,600
Previous Owner Bennett Jason T $231,000
Closed Francke Katerina $11,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $232,000 -4.9% $171 / Sq Ft
10/05/2022 10/05/22 Pending -- -- --
09/08/2022 09/08/22 Price Changed $244,000 -2.0% $180 / Sq Ft
06/07/2022 06/07/22 Price Changed $249,000 -2.4% $183 / Sq Ft
05/12/2022 05/12/22 Price Changed $255,000 -1.5% $188 / Sq Ft
03/08/2022 03/08/22 For Sale $259,000 +0.8% $191 / Sq Ft
02/01/2017 02/01/17 Sold $257,000 0.0% $189 / Sq Ft
02/01/2017 02/01/17 Pending -- -- --
10/03/2016 10/03/16 For Sale $257,000 -- $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 $4,666 $237,200 $15,200 $222,000
2023 $5,302 $237,200 $15,200 $222,000
2022 $5,258 $237,200 $15,200 $222,000
2021 $6,158 $237,200 $15,200 $222,000
2020 $6,158 $249,700 $16,000 $233,700
2019 $6,394 $249,700 $16,000 $233,700
2018 $5,396 $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

  • Stephanie Sullivan

    Seller's Agent in 2022

    Stephanie Sullivan

    RE/MAX

    (515) 770-6245

    1 in this area

    73 Total Sales

    Stephanie Sullivan
    Section Image
  • Rita Muilenburg

    Buyer's Agent in 2022

    Rita Muilenburg

    LPT Realty, LLC

    (605) 381-5704

    1 in this area

    48 Total Sales

    Rita Muilenburg
    Section Image
  • Timothy Schutte

    Seller's Agent in 2017

    Timothy Schutte

    EXIT Realty & Associates

    (515) 681-5677

    14 in this area

    212 Total Sales

    Timothy Schutte
    Section Image
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About This Building

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 647048

Des Moines Area Association of REALTORS®

APN: 020-01715002035

Iowa Polk County Des Moines 50309 Downtown Des Moines

400 Walnut St Unit 901, Des Moines, IA

This home is located at 400 Walnut St Unit 901, Des Moines, IA 50309 since 08 March 2022 and is currently estimated at $256,408, approximately $188 per square foot. This property was built in 1930. 400 Walnut St Unit 901 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.

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