23 days on rocket

400 Walnut St Unit 502, Des Moines, IA, 50309

$167,400

Home List Price

$1,988*

Closing Credit

1 Bedroom
1 Full Bath
865 SqFt
$194/SqFt
Condo

Location

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400 Walnut St Unit 502, Des Moines$167,400

Buyer Closing Credits

$1,988*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1930
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #703141
StatusActive

About 400 Walnut St Unit 502

Prime Investment Opportunity in the Heart of Downtown Des Moines! This exceptional property allows for both short-term and long-term rentals, offering unmatched flexibility. Enjoy easy access to the city's best restaurants and shopping just steps away. The property includes parking, a sauna, an exercise room, and an additional storage unit. Best of all, it comes fully furnished and ready to rent or move in immediately!

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Living Area: 865 SqFt

Listing Office:

  • Office Name: RE/MAX Precision
  • Office Phone: (515) 223-9492
  • Listing Agent: David Rodriguez

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Roosevelt High School, Public District Grades 9-12
  • Callanan Middle School, Public District Grades 6-8
  • Goodrell Middle School, Public District Grades 6-8
  • Cowles Elementary School, Public District Grades PK-8
  • Edmunds Fine Arts Academy, Public District Grades PK-5

Other

Directions Information:

  • Directions: Take Grand Ave to 5th, then to Walnut. Building is located on the corner of Walnut and 5th.

Price Information

Listing Price Info

Price Summary:

  • List Price: $167,400
  • Price Per SqFt: $194/SqFt

HOA Fees:

  • Amount: $450
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Des Moines, IA.

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Des Moines, IA

City

Med. Sold Price

$213.1K

Med. Price/SqFt

$190

Avg. Days On Market

27

# of Sold Homes

242

400 Walnut St Unit 502 vs Des Moines

23 DAYS ON ROCKET

-4 Days

$167,400

-$45.7K Less

$194/SqFt

+$4 More

KEY TAKEAWAY

This property is $45.7K less than the Median Sold Price and $4/SqFt more than other homes in Des Moines, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: DMAAR
  • MLS Number: #703141

Listing Office:

  • Office Name: RE/MAX Precision
  • Office Phone: (515) 223-9492
  • Listing Agent: David Rodriguez

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ 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 deemed reliable but not guaranteed. Copyright© 2024 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/27/2024, 8:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$1,353

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$568

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-814199
1
/10

  • Edmunds Fine Arts Academy

  • 950 15th St

  • 0.94 miles

  • Public District Grades PK-5

Middle School

school-card-donut-814200
4
/10

  • Callanan Middle School

  • 3010 Center St

  • 1.84 miles

  • Public District Grades 6-8

school-card-donut-814201
1
/10

  • Goodrell Middle School

  • 3300 E 29th St

  • 4.13 miles

  • Public District Grades 6-8

school-card-donut-814202
9
/10

  • Cowles Elementary School

  • 6401 College Ave

  • 4.50 miles

  • Public District Grades PK-8

High School

school-card-donut-814203
3
/10

  • Roosevelt High School

  • 4419 Center St

  • 2.92 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,868. Typical income of Des Moines, IA residents is less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 400 Walnut St Unit 502

What is the listing price of this property?

The listing price of 400 Walnut St Unit 502 property is $167,400.

What type of property is this?

The property 400 Walnut St Unit 502 is a condo located in Des Moines, Iowa, 50309.

Is this property for sale now?

Active Listing: 400 Walnut St Unit 502 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 400 Walnut St Unit 502 are:
Edmunds Fine Arts Academy: GreatSchools Rating 1/10
Callanan Middle School: GreatSchools Rating 4/10
Goodrell Middle School: GreatSchools Rating 1/10
Cowles Elementary School: GreatSchools Rating 9/10
Roosevelt High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 400 Walnut St Unit 502 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 400 Walnut St Unit 502 is 865 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 400 Walnut St Unit 502 is 1930.

Rocket Homes›Iowa›Polk County›Des Moines›50309›400 Walnut St Unit 502

This home is located at 400 Walnut St Unit 502 in Des Moines, IA and zip code 50309 in the Downtown Des Moines neighborhood. This 865 square foot home was built in 1930. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $167,400.

In August 2024 more than 55 listings in Des Moines, IA were sold above the asking price. During the same period more than 61 listings were sold at asking price, while more than 126 were sold below. While the average time on the market in August 2024 was 27 days, the median list price was $213,114.

From Rocket Homes Real Estate and based on county public records data.

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