Angela Veatch
RE/MAX Revolution
(515) 489-4285
45 Total Sales
1 in Drake
$250,000 Price
1055 40th St Des Moines, IA 50311
Drake NeighborhoodEstimated Value: $268,000 - $314,780
3
Beds
2
Baths
1,513
Sq Ft
$195/Sq Ft
Est. Value
Highlights
- Arts and Crafts Architecture
- 1 Fireplace
- No HOA
- Wood Flooring
- Sun or Florida Room
- Formal Dining Room
About This Home
As of July 2025Cozy 3 bedroom, 2 bath home on quiet street. Additional non conforming BR in lower level. Finished lower level also includes family room, laundry room, and utility room. Updates include new roof, AC, furnace, hot water heater, and radon mitigation system. APHW included.
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,809
Year Built
- Built in 1926
Lot Details
- 6,600 Sq Ft Lot
- Lot Dimensions are 50x132
- Partially Fenced Property
- Wood Fence
- Property is zoned N5
Home Design
- Arts and Crafts Architecture
- Brick Foundation
- Asphalt Shingled Roof
- Metal Siding
Interior Spaces
- 1,513 Sq Ft Home
- 1.5-Story Property
- 1 Fireplace
- Drapes & Rods
- Family Room Downstairs
- Formal Dining Room
- Sun or Florida Room
- Partially Finished Basement
- Natural lighting in basement
- Attic Fan
- Fire and Smoke Detector
Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Car Detached Garage
- Driveway
Outdoor Features
- Patio
Utilities
- Forced Air Heating and Cooling System
- Baseboard Heating
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 09004062000000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2025
Closed on
Jul 1, 2025
Sold by
Bought by
Seller's Agent
Tamara Flaig
Keller Williams Realty GDM
Buyer's Agent
Deb Miller
Iowa Realty Beaverdale
List Price
$283,500
Sold Price
$281,500
Premium/Discount to List
-$2,000
-0.71%
Views
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,195
Avg. Annual Appreciation
4.14%
Original Mortgage
$225,200
Interest Rate
6.86%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 2, 2022
Closed on
Oct 20, 2022
Sold by
Bought by
Seller's Agent
Mike Hamilton
Iowa Realty Beaverdale
Buyer's Agent
Tamara Flaig
Keller Williams Realty GDM
List Price
$275,000
Sold Price
$248,000
Premium/Discount to List
-$27,000
-9.82%
Views
7
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%
Original Mortgage
$223,200
Interest Rate
5.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 8, 2011
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
4.54%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 28, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Drake, IA
-
Angela Veatch
-
James Horstman
James Horstman
Hunziker & Associates, Inc.
(515) 305-3017
170 Total Sales
2 in Drake
$212,500 Price Range
-
Susie Sheldahl
Susie Sheldahl
Realty One Group Impact
(515) 461-8610
275 Total Sales
2 in Drake
$100K - $143K Price Range
-
Joe Hand
Joe Hand
Keller Williams Realty GDM
(515) 393-6717
68 Total Sales
2 in Drake
$176K - $255K Price Range
-
Maria Torres
Maria Torres
Responds QuicklyIowa Realty Mills Crossing
(515) 400-0263
161 Total Sales
13 in Drake
$120K - $475K Price Range
-
Kevin Holmes
Kevin Holmes
Weichert, Miller & Clark
(515) 715-4181
50 Total Sales
1 in Drake
$165,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $281,500 | None Listed On Document | ||
| $248,000 | -- | ||
| -- | None Available | ||
| $162,000 | Itc |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $225,200 | ||
| Previous Owner | $223,200 | ||
| Previous Owner | $130,630 | ||
| Previous Owner | $20,000 | ||
| Previous Owner | $154,000 | ||
| Previous Owner | $162,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/08/2025 07/08/25 | Sold | $281,500 | -0.7% | $186 / Sq Ft | |
| 06/30/2025 06/30/25 | Pending | -- | -- | -- | |
| 05/30/2025 05/30/25 | For Sale | $283,500 | +14.3% | $187 / Sq Ft | |
| 10/21/2022 10/21/22 | Sold | $248,000 | -1.8% | $164 / Sq Ft | View Prior Sale |
| 09/23/2022 09/23/22 | Pending | -- | -- | -- | |
| 09/16/2022 09/16/22 | Price Changed | $252,500 | -8.2% | $167 / Sq Ft | |
| 08/02/2022 08/02/22 | For Sale | $275,000 | -- | $182 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,520 | $307,800 | $48,400 | $259,400 |
| 2024 | $5,520 | $280,600 | $43,800 | $236,800 |
| 2023 | $5,284 | $280,600 | $43,800 | $236,800 |
| 2022 | $5,242 | $233,100 | $38,400 | $194,700 |
| 2021 | $5,242 | $233,100 | $38,400 | $194,700 |
| 2020 | $5,164 | $208,000 | $34,600 | $173,400 |
| 2019 | $4,702 | $208,000 | $34,600 | $173,400 |
| 2018 | $4,650 | $183,500 | $30,100 | $153,400 |
| 2017 | $4,294 | $183,500 | $30,100 | $153,400 |
| 2016 | $4,178 | $167,300 | $27,400 | $139,900 |
| 2015 | $4,178 | $167,300 | $27,400 | $139,900 |
| 2014 | $3,882 | $160,500 | $25,800 | $134,700 |
Source: Public Records
Agents Affiliated with this Home
-
Tamara Flaig
TF
Seller's Agent in 2025
Tamara Flaig
Keller Williams Realty GDM
(515) 778-7658
2 in this area
20 Total Sales
-
Deb Miller
Buyer's Agent in 2025
Deb Miller
Iowa Realty Beaverdale
(515) 865-1206
3 in this area
99 Total Sales
-
Mike Hamilton
MH
Seller's Agent in 2022
Mike Hamilton
Iowa Realty Beaverdale
(515) 971-5927
1 in this area
23 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 719148
APN: 090-04062000000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.
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