$162,000
SOLD JUL 24, 2020

400 Walnut St, Unit 903 Des Moines, IA 50309

Downtown Des Moines Neighborhood
1 Bed
1 Bath
925 Sq Ft
$421/mo HOA Fee

Recently Sold

$175 Per Sq Ft

9% Below List Price

396 Days on Market

Highlights

  • Fitness Center
  • Sauna
  • Security Service
  • Art Deco Architecture
  • Recreation Facilities
  • 1-minute walk to Cowles Commons

About This Home

As of January 2024

9th 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 Cowells Commons. Units available for investors as well.

Last Agent to Sell the Property

Timothy Schutte

EXIT Realty & Associates Listed on: 06/17/2019

EXIT Realty & Associates

Co-Listed By

Jasmina Salkic

EXIT Realty & Associates

Last Buyer's Agent

Jason Stuyvesant

RE/MAX Concepts

RE/MAX Concepts

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,896

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

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 02001715002037

Community Details

Overview

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

Amenities

  • Sauna

Recreation

  • Recreation Facilities
  • Fitness Center

Security

  • Security Service
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,896

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: 180.54
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 175.14
  • Unit: 903
  • 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
  • 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

  • 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, See Remarks, Trash Service, Utilities

Association/Amenities

  • Amenities: Exercise Room, Sauna, See Remarks
  • 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: 02001715002037
  • Zoning: RES

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
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
$172,127

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,127
Avg. Annual Appreciation
0.50%
Original Mortgage
$85,000
Outstanding Balance
$83,917
Interest Rate
7.03%
Mortgage Type
Construction
Estimated Equity
$82,266

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

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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 Type Sale Price Title Company
Warranty Deed $165,000 None Listed On Document
Warranty Deed $162,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $85,000 Construction
Previous Owner $129,600 New Conventional
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

    4 in this area

    135 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

    25 Total Sales

    Rosemary Pedersen
    Section Image
  • Timothy Schutte

    Seller's Agent in 2020

    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 2020

    Jasmina Salkic

    EXIT Realty & Associates

    (319) 883-6995

    10 in this area

    150 Total Sales

    Jasmina Salkic
    Section Image
See All Agents

About This Building

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 584900

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 and is currently priced at $162,000, approximately $175 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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