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400 Walnut St

Des Moines, IA 50309

1 bd 1 ba 865 sqft Built 1930 townhomes
Most recent sale
$150,000
Apr 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 21, 2025 Sold $151,500 DesMoines
Aug 29, 2023 Listed for rent $2,600 Rentler
Apr 4, 2022 Sold $150,000 Public Record
Feb 9, 2022 Listed $155,000 MLS #645431
Jun 29, 2021 Sold $175,000 Public Record
Jun 24, 2021 Price changed $165,000 MLS #628768
May 25, 2021 Price changed $145,000 MLS #628768
May 10, 2021 Listed $155,000 MLS #628768
Jan 11, 2021 Listed $159,000 MLS #620409
Dec 14, 2018 Sold $77,000 Public Record
Jun 30, 2017 Sold $158,000 MLS #540897
Jun 1, 2017 Listed $159,900 MLS #540897
Nov 11, 2016 Listing removed $155,000 DesMoines
Jul 20, 2016 Price changed $155,000 MLS #520054
Jun 15, 2016 Listed $158,000 MLS #520054

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $142,300 $9,700 $152,000 $3,038
2023 $141,600 $9,700 $151,300 $3,566
2022 $141,600 $9,700 $151,300 $3,330
2020 $149,000 $10,200 $159,200 $3,898
2019 $149,000 $10,200 $159,200 $4,050
2018 $149,000 $10,200 $159,200 $3,646
2017 $126,830 $10,200 $137,030 $1,022
2016 $27,610 $10,180 $37,790 $348

Property facts

Year built
1930
Property type
townhomes
Stories
Beds
1
Baths
1
Living area
865 sqft
Lot size
ZIP code
50309
City
Des Moines
Street
Walnut St
Coordinates
41.58595, -93.62251

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,298
Gross rental yield
10.38%
Implied cap rate
6.75%
Trend-extrapolated value

Frequently asked questions

When did 400 Walnut St last sell?
400 Walnut St most recently sold on Apr 4, 2022 for $150,000.
What is the current tax assessment for 400 Walnut St?
The most recent total assessment for 400 Walnut St (year 2025) is $152,000 with $3,038 in property tax.
How does 400 Walnut St's assessment compare to its last sale price?
The current assessment is 1.3% above the last sale price of $150,000.
When was 400 Walnut St built?
400 Walnut St was built in 1930.
How does 400 Walnut St compare to others on Walnut St?
We track 8 other properties on Walnut St. Browse the list under "Other properties on Walnut St" to compare beds, baths, and sale history.
What are the property facts for 400 Walnut St?
400 Walnut St is a 1 bed, 1 bath, 865 sqft townhomes.
Is 400 Walnut St a flip candidate?
No — 400 Walnut St does not appear in our flips dataset.
Is 400 Walnut St a tax-appeal candidate?
No — 400 Walnut St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.7%
Implied 1-yr
-10.9%
2026 Q3
$248.8K
2026 Q4
$240.6K
ZIP 50309 — Median Price History + Forecast

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