400 Walnut St
Des Moines, IA 50309
2 bd 2 ba 1,357 sqft Built 1930 condos
Most recent sale
$245,000
May 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 28, 2025 | Price changed | $239,000 | DesMoines |
| Jul 16, 2025 | Price changed | $242,000 | DesMoines |
| May 15, 2025 | Listed | $247,000 | DesMoines |
| May 6, 2022 | Sold | $245,000 | MLS #641366 |
| Dec 29, 2021 | Price changed | $250,000 | MLS #641366 |
| Nov 29, 2021 | Price changed | $260,000 | MLS #641366 |
| Nov 10, 2021 | Listed | $265,000 | MLS #641366 |
| Dec 16, 2019 | Sold | $225,000 | Public Record |
| Nov 6, 2019 | Sold | $225,000 | MLS #592182 |
| Sep 30, 2019 | Listed | $237,000 | MLS #592182 |
| May 24, 2019 | Price changed | $237,900 | MLS #575247 |
| May 14, 2019 | Sold | $160,000 | Public Record |
| May 6, 2019 | Sold | $155,000 | Public Record |
| Feb 7, 2019 | Price changed | $244,900 | MLS #575247 |
| Jan 15, 2019 | Listed | $249,900 | MLS #575247 |
| Sep 28, 2018 | Sold | $174,000 | Public Record |
| Jul 12, 2018 | Sold | $225,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $223,100 | $15,300 | $238,400 | $4,556 |
| 2023 | $222,000 | $15,200 | $237,200 | $5,382 |
| 2022 | $222,000 | $15,200 | $237,200 | $5,338 |
| 2020 | $233,700 | $16,000 | $249,700 | $6,474 |
| 2019 | $233,700 | $16,000 | $249,700 | $6,710 |
| 2018 | $233,700 | $16,000 | $249,700 | $5,718 |
| 2017 | $198,910 | $16,000 | $214,910 | $1,604 |
| 2016 | $43,330 | $15,980 | $59,310 | $546 |
Property facts
Year built
1930
Property type
condos
Stories
—
Beds
2
Baths
2
Living area
1,357 sqft
Lot size
—
ZIP code
50309
City
Des Moines
Street
Walnut St
Coordinates
41.58618, -93.62264
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,036
Gross rental yield
9.97%
Implied cap rate
6.48%
Trend-extrapolated value
—
Frequently asked questions
When did 400 Walnut St last sell?
400 Walnut St most recently sold on May 6, 2022 for $245,000.
What is the current tax assessment for 400 Walnut St?
The most recent total assessment for 400 Walnut St (year 2025) is $238,400 with $4,556 in property tax.
How does 400 Walnut St's assessment compare to its last sale price?
The current assessment is 2.7% below the last sale price of $245,000.
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, 1,357 sqft condos.
Is 400 Walnut St a flip candidate?
Yes — 400 Walnut St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
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 valuationQuarterly trend
-2.7%
Implied 1-yr
-10.9%
2026 Q3
$248.8K
2026 Q4
$240.6K
ZIP 50309 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Walnut St