NOT LISTED FOR SALE

400 Walnut St, Unit 903 Des Moines, IA 50309

Downtown Des Moines Neighborhood

Estimated Value: $167,000 - $181,000

1 Bed
1 Bath
925 Sq Ft
$190/Sq Ft Est. Value

Last Sold January 10, 2024

Last sale price $165,000 $178 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,670/month

75 Days on Market

Highlights

  • Fitness Center
  • Recreation Facilities
  • Forced Air Heating System
  • Sauna
  • Security Service
  • 1-minute walk to Cowles Commons

About This Home

As of January 2024

Enjoy downtown with this loft in the Historic Kirkwood Building. This one bedroom unit is a nice open floor plan. The large kitchen has a nice bar that overlooks the living room and bonus area. The bonus area is currently used for a home office but can also be a great dining space. The bedroom is a great size as well as the full bath. The huge walk-on closet and laundry make this the complete package. Being on the 9th floor provides great views of all of downtown through the large windows. A parking space is included with the HOA fees in the attached garage. Building has many amenities with skywalk access, workout facility, and sauna. The location has everything including the Downtown Farmers Market happening right outside your door! Stop renting and start owning in the heart of it all. Schedule a showing today!

Last Agent to Sell the Property

Jason Stuyvesant

RE/MAX Concepts Listed on: 09/06/2023

RE/MAX Concepts

Last Buyer's Agent

Rosemary Pedersen

Keller Williams Realty GDM

Keller Williams Realty GDM

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,215

Year Built

  • Built in 1930

HOA Fees

  • $475 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Brick Exterior Construction
  • Rolled or Hot Mop Roof

Interior Spaces

  • 925 Sq Ft Home
  • Dining Area
  • Laminate Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02001715002037

Community Details

Overview

  • Capital City Mgmt Association

Amenities

  • Sauna

Recreation

  • Recreation Facilities
  • Fitness Center

Security

  • Security Service
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,215

Year Built

Built in 1930

Lot Details

0

HOA Fees

$475 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 183.78
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 178.38
  • Termite: Follow Showing Instructions
  • Unit: 903
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, Laminate Floors, Smoke Detector
  • 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
  • Roof: Roll Roofing
  • Street Feature: Concrete

Garage/Parking

  • Garage Parking Stalls: 1

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: Exercise Room, Sauna
  • HOA Name: The Kirkwood Commons HOA
  • Management Firm: Capital City Mgmt

Condo/Co-op/Association

  • Association Fee: 475.0000
  • 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: 02001715002037
  • Zoning: DX1

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 3215.00
  • Net Taxes: 3215.00
  • Tax Year: 2022

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Dec 26, 2023
Sold by
Yap Luke
Bought by
Emmert Steven D
Seller's Agent
Jason Stuyvesant
RE/MAX Concepts
Buyer's Agent
Rosemary Pedersen
Keller Williams Realty GDM
List Price
$180,000
Sold Price
$165,000
Premium/Discount to List
-$15,000
-8.33%
Views
136
Current Estimated Value
$176,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,116
Avg. Annual Appreciation
3.91%
Original Mortgage
$85,000
Outstanding Balance
$83,535
Interest Rate
7.03%
Mortgage Type
Construction
Estimated Equity
$92,581

Purchase Details

Listed on
Jun 17, 2019
Closed on
Jul 14, 2020
Sold by
Kirkwood Llc
Bought by
Yap Luke
Seller's Agent
Timothy Schutte
EXIT Realty & Associates
Buyer's Agent
Jason Stuyvesant
RE/MAX Concepts
List Price
$177,900
Sold Price
$162,000
Premium/Discount to List
-$15,900
-8.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.53%
Original Mortgage
$129,600
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Emmert Steven D $165,000 None Listed On Document
Emmert Steven D $165,000 None Listed On Document
Yap Luke $162,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emmert Steven D $85,000
Closed Emmert Steven D $85,000
Previous Owner Yap Luke $129,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold $165,000 -2.9% $178 / Sq Ft
11/20/2023 11/20/23 Pending -- -- --
09/22/2023 09/22/23 Price Changed $170,000 -5.6% $184 / Sq Ft
09/06/2023 09/06/23 For Sale $180,000 +11.1% $195 / Sq Ft
07/24/2020 07/24/20 Sold $162,000 -8.9% $175 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
06/17/2019 06/17/19 For Sale $177,900 -- $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
2024 $3,182 $161,700 $10,400 $151,300
2023 $3,810 $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

  • Jason Stuyvesant

    Seller's Agent in 2024

    Jason Stuyvesant

    RE/MAX

    (515) 778-9669

    3 in this area

    132 Total Sales

    Jason Stuyvesant
    Section Image
  • Rosemary Pedersen

    Buyer's Agent in 2024

    Rosemary Pedersen

    Keller Williams Realty GDM

    (515) 778-7673

    1 in this area

    28 Total Sales

    Rosemary Pedersen
    Section Image
  • Timothy Schutte

    Seller's Agent in 2020

    Timothy Schutte

    EXIT Realty & Associates

    (515) 681-5677

    13 in this area

    197 Total Sales

    Timothy Schutte
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Jasmina Salkic-Schutte

    EXIT Realty & Associates

    (319) 883-6995

    9 in this area

    145 Total Sales

    Jasmina Salkic-Schutte
    Section Image
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About This Building

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 681496

Des Moines Area Association of REALTORS®

APN: 020-01715002037

Iowa Polk County Des Moines 50309 Downtown Des Moines

400 Walnut St Unit 903, Des Moines, IA

This home is located at 400 Walnut St Unit 903, Des Moines, IA 50309 since 06 September 2023 and is currently estimated at $176,116, approximately $190 per square foot. This property was built in 1930. 400 Walnut St Unit 903 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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