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1000 Walnut St; Des Moines, IA Property Details

1000 Walnut St, Des Moines, IA is a Hotel that was built in 1917. This property is currently a cash purchase and is not for sale. Our records show that 1000 Walnut St has a total of 237,306 square feet. The lot size of 1000 Walnut St is 35,742 square feet.

Off market
1000 Walnut St Des Moines, IA 50309
$15,500,000 Estimated Value
237,306 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1917
  • Purchase Price: $4,000,000
  • APN: 020/02711-003-002
  • Situs County: Polk
  • Length Of Ownership: 11 years, 5 months

Structure

  • Building Style: Frame
  • Stories: 11
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Roof Type: Flat
  • Roof Cover Type: Built-up
  • Sewer Type: Yes
  • Water Source: Municipal

Measurements

  • Total: 237,306/SqFt
  • Lot: 35,742/SqFt
  • Gross: 237,306/SqFt
  • Living: 237,306/SqFt
  • Basement: 26,298/SqFt
  • Building: 237,306/SqFt
  • Ground: 26,492/SqFt
  • Basement Finished: 4,000/SqFt
  • Basement Unfinished: 22,298/SqFt
  • Price Per Square Foot: $16.86

Legal Description

  • Description: -EX PARCEL A BK 15446 PG 433- VAC ALLEY LYG N & ADJ & N 52F LOT 2 & ALL LOT 3 BLK 20 & 16.5F N/S VAC ALLEY ROW E & ADJ LTS 7 & 8 & 16.5F N/S VAC ALLEY ROW E & ADJ 16.5F E/W ALLEY ROW N & ADJ LOT 7 & 16.5F VAC ALLEY ROW N & ADJ E 19.22F LOT 7 & E 19.2
Building Insights

Land Information

  • Property Type: Hotel
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Des Moines Independent Community School District
  • Lat / Lon: 41.584396 / -93.62982
  • Subdivision: Keene & Poindexters Addition To Fort Des
  • Property Class: Commercial
  • County Use Code: 19A

Amenities

  • Plus Four: 3400
  • Cooling: Yes
  • Heating: Central

Ownership Info

1000 Walnut St has no associated ownership info
1000 Walnut St has no associated ownership info.

Taxes

1000 Walnut St has 10 associated Taxes items

1000 Walnut St, Des Moines, IA pays taxes in Polk County, IA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $15,500,000. The APN we've located for 1000 Walnut St is 020/02711-003-002.

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Taxes
  • Assessed Value:  $15,500,000
  • Assessed Year:  2025
  • Assessed County:  Polk
  • APN:  020/02711-003-002
  • Assessed Land Value:  1180000
  • Market Land Value:  1180000
  • Tax Amount:  532630
  • Tax Year:  2024
  • Market Value:  15500000
  • Market Year:  2025

Tax History

1000 Walnut St has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $15,500,000 Land Value $1,180,000 Improvement Value $14,320,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $532,630 Change Rate +0.313624% Assessed CR Tax Rate
Year 2023 Assessed Value $13,600,000 Land Value $1,180,000 Improvement Value $12,420,000 Tax Amount $405,466 Change Rate Assessed CR Tax Rate +0.029814%
Year 2022 Assessed Value $10,200,000 Land Value $1,180,000 Improvement Value $9,020,000 Tax Amount $405,466 Change Rate Assessed CR Tax Rate +0.039752%
Year 2021 Assessed Value $10,200,000 Land Value $1,180,000 Improvement Value $9,020,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2020 Assessed Value $14,500,000 Land Value $1,070,000 Improvement Value $13,430,000 Tax Amount $388,798 Change Rate +2.062463% Assessed CR Tax Rate +0.026814%
Year 2019 Assessed Value $9,016,000 Land Value $1,070,000 Improvement Value $7,946,000 Tax Amount $126,956 Change Rate -0.012523% Assessed CR Tax Rate +0.014081%
Year 2018 Assessed Value $3,000,000 Land Value $1,070,000 Improvement Value $1,930,000 Tax Amount $128,566 Change Rate Assessed CR Tax Rate +0.042855%
Year 2017 Assessed Value $3,000,000 Land Value $1,070,000 Improvement Value $1,930,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $3,000,000 Land Value $1,031,000 Improvement Value $1,969,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $151,776 Change Rate Assessed CR Tax Rate