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400 Walnut St

Des Moines, IA 50309

2 bd 2 ba 1,146 sqft Built 1930 condos
Most recent sale
$205,000
Aug 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 4, 2022 Sold $205,000 MLS #646802
May 26, 2022 Price changed $220,000 MLS #646802
Apr 25, 2022 Price changed $225,000 MLS #646802
Apr 10, 2022 Price changed $233,500 MLS #646802
Mar 18, 2022 Price changed $234,900 MLS #646802
Mar 3, 2022 Listed $239,900 MLS #646802
Sep 27, 2020 Price changed $209,500 MLS #607407
Jul 19, 2020 Price changed $219,900 MLS #607407
Jun 13, 2020 Listed $229,900 MLS #607407
Apr 29, 2020 Listed $244,900 MLS #604091
Mar 3, 2017 Sold $224,900 MLS #529185
Feb 11, 2017 Listing removed $215,000 DesMoines
Feb 9, 2017 Relisted $215,000 MLS #511111
Nov 22, 2016 Listed $224,900 MLS #529185
Aug 25, 2016 Listing removed $215,000 DesMoines
Aug 8, 2016 Relisted $215,000 MLS #511111
Aug 5, 2016 Listing removed $215,000 DesMoines
Jul 8, 2016 Price changed $215,000 MLS #511111
Jul 7, 2016 Relisted $209,900 MLS #511111
May 18, 2016 Listing removed $209,900 DesMoines
Feb 4, 2016 Listed $209,900 MLS #511111

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $188,400 $12,900 $201,300 $3,816
2023 $187,500 $12,800 $200,300 $4,720
2022 $187,500 $12,800 $200,300 $4,684
2020 $197,400 $13,500 $210,900 $5,468
2019 $197,400 $13,500 $210,900 $5,668
2018 $197,400 $13,500 $210,900 $4,828
2017 $168,020 $13,500 $181,520 $1,354
2016 $36,590 $13,490 $50,080 $462

Property facts

Year built
1930
Property type
condos
Stories
Beds
2
Baths
2
Living area
1,146 sqft
Lot size
ZIP code
50309
City
Des Moines
Street
Walnut St
Coordinates
41.58601, -93.62223

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
$1,719
Gross rental yield
10.06%
Implied cap rate
6.54%
Trend-extrapolated value

Frequently asked questions

When did 400 Walnut St last sell?
400 Walnut St most recently sold on Aug 4, 2022 for $205,000.
What is the current tax assessment for 400 Walnut St?
The most recent total assessment for 400 Walnut St (year 2025) is $201,300 with $3,816 in property tax.
How does 400 Walnut St's assessment compare to its last sale price?
The current assessment is 1.8% below the last sale price of $205,000.
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 2 bed, 2 bath, 1,146 sqft condos.
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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