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400 Walnut St

Des Moines, IA 50309

1 bd 1 ba 925 sqft Built 1930 condos
Most recent sale
$155,000
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 9, 2024 Sold $160,000 DesMoines
Jun 19, 2024 Listed $169,000 DesMoines
Apr 19, 2024 Sold $150,500 DesMoines
Mar 10, 2024 Price changed $165,000 DesMoines
Mar 3, 2024 Price changed $169,900 DesMoines
Feb 25, 2024 Price changed $172,900 DesMoines
Feb 20, 2024 Listed $174,900 DesMoines
Jun 29, 2022 Sold $155,000 MLS #651474
May 10, 2022 Listed $160,000 MLS #651474
Jul 20, 2019 Listing removed DesMoines
Jun 3, 2019 Relisted $170,000 MLS #567514
Feb 6, 2019 Listing removed DesMoines
Aug 15, 2018 Listed $172,000 MLS #567514

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $152,100 $10,500 $162,600 $3,246
2023 $151,300 $10,400 $161,700 $3,810
2022 $151,300 $10,400 $161,700 $3,782
2020 $159,300 $10,900 $170,200 $4,412
2019 $159,300 $10,900 $170,200 $4,574
2018 $159,300 $10,900 $170,200 $3,896
2017 $135,580 $10,900 $146,480 $1,094
2016 $29,540 $10,890 $40,430 $372

Property facts

Year built
1930
Property type
condos
Stories
Beds
1
Baths
1
Living area
925 sqft
Lot size
ZIP code
50309
City
Des Moines
Street
Walnut St
Coordinates
41.58622, -93.62242

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
$1,388
Gross rental yield
10.75%
Implied cap rate
6.98%
Trend-extrapolated value

Frequently asked questions

When did 400 Walnut St last sell?
400 Walnut St most recently sold on Jun 29, 2022 for $155,000.
What is the current tax assessment for 400 Walnut St?
The most recent total assessment for 400 Walnut St (year 2025) is $162,600 with $3,246 in property tax.
How does 400 Walnut St's assessment compare to its last sale price?
The current assessment is 4.9% above the last sale price of $155,000.
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, 925 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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