NOT LISTED FOR SALE

1240 E 37th St Des Moines, IA 50317

Gray's Woods Neighborhood

Estimated Value: $83,000 - $136,000

2 Beds
1 Bath
606 Sq Ft
$192/Sq Ft Est. Value

Last Sold March 02, 2016

Last sale price $15,000 $25 Per Sq Ft

Est. 676% increase in value since last sale

Current estimated payment $760/month

21 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of March 2016

Cozy 2 bedroom on the Eastside priced 30,000 below assessed value! Wheelchair ramp and no basement could make it a good rehab for a handicap accessible house. Needs TLC but has potential. NFC area. Utilities will not be turned on.

Last Agent to Sell the Property

Anthony Schubert

RE/MAX Concepts Listed on: 01/22/2016

RE/MAX Concepts

Last Buyer's Agent

Wayne DePenning

BHHS First Realty Westown

BHHS First Realty Westown

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50x132

Parking

  • Gravel Driveway

Home Design

  • Ranch Style House
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 606 Sq Ft Home
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06005798000000

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 32.84
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 24.75
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Crawl Space
  • Living Area Sq Ft: 606
  • Total Sq Ft: 606

Exterior Features

  • Exterior: Frame
  • Foundation: See Remarks
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Gravel

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1520
  • Lot S F: 6600
  • Lot Size: 50X132
  • Assessor Parcel Number: 06005798000000
  • Zoning: R

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1299.00
  • Net Taxes: 1299.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2022
Sold by
Kinning James M and Kinning Catherine P
Bought by
Cpk Investments Llc
Current Estimated Value
$116,437

Purchase Details

Listed on
Jan 22, 2016
Closed on
Feb 19, 2016
Sold by
Equity Trust Company and Gergen Kathryn M
Bought by
Equity Trust Company
Seller's Agent
Anthony Schubert
RE/MAX Concepts
Buyer's Agent
Wayne DePenning
BHHS First Realty Westown
List Price
$19,900
Sold Price
$15,000
Premium/Discount to List
-$4,900
-24.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.47%

Purchase Details

Listed on
Jan 22, 2016
Closed on
Feb 15, 2016
Sold by
Equity Trust Company
Bought by
Kinning James
Seller's Agent
Anthony Schubert
RE/MAX Concepts
Buyer's Agent
Wayne DePenning
BHHS First Realty Westown
List Price
$19,900
Sold Price
$15,000
Premium/Discount to List
-$4,900
-24.62%

Purchase Details

Closed on
Sep 18, 2008
Sold by
Equity Trust Co
Bought by
Gergen Kathryn M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 8, 2002
Sold by
Contract Exchange Corp
Bought by
Mid Ohio Securities Corp

Purchase Details

Closed on
Jun 25, 2002
Sold by
Brietzke John W and Brietzke Jean
Bought by
Contract Exchange Corp

Purchase Details

Closed on
Mar 27, 2002
Sold by
Lopez Pedro
Bought by
Robles Tomas Roan

Purchase Details

Closed on
May 11, 2001
Sold by
Brietzke John W
Bought by
Lopez Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,500
Interest Rate
10%
Mortgage Type
Land Contract Argmt. Of Sale

Purchase Details

Closed on
Jun 12, 2000
Sold by
Contract Exchange Corp
Bought by
Brietzke John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,900
Interest Rate
10.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 16, 2000
Sold by
Buck Allan R and Buck Miriam F
Bought by
Horstman Kevin and Bruce Amber

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,900
Interest Rate
10.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 3, 2000
Sold by
Buck Allan R and Buck Miriam F
Bought by
Contract Exchange Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,900
Interest Rate
10.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 29, 2000
Sold by
Raab David J and Raab Sandra Lee
Bought by
Buck Allan R and Buck Miriam F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,900
Interest Rate
10.5%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cpk Investments Llc -- None Listed On Document
Equity Trust Company $38,252 None Available
Kinning James $15,000 None Available
Gergen Kathryn M $39,000 None Available
Mid Ohio Securities Corp -- --
Contract Exchange Corp -- --
Robles Tomas Roan -- --
Lopez Pedro $42,000 --
Brietzke John W -- --
Horstman Kevin $39,900 --
Contract Exchange Corp -- --
Buck Allan R $19,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gergen Kathryn M $36,000
Previous Owner Lopez Pedro $39,500
Previous Owner Horstman Kevin $35,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2016 03/02/16 Sold $15,000 -24.6% $25 / Sq Ft
02/12/2016 02/12/16 Pending -- -- --
01/22/2016 01/22/16 For Sale $19,900 -- $33 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

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 $1,746 $98,900 $22,100 $76,800
2024 $1,746 $88,800 $19,600 $69,200
2023 $1,708 $88,800 $19,600 $69,200
2022 $1,696 $72,500 $15,900 $56,600
2021 $1,598 $72,500 $15,900 $56,600
2020 $1,660 $64,000 $14,000 $50,000
2019 $1,540 $64,000 $14,000 $50,000
2018 $1,524 $57,300 $12,200 $45,100
2017 $1,366 $57,300 $12,200 $45,100
2016 $1,100 $50,500 $11,400 $39,100
2015 $1,100 $50,500 $11,400 $39,100
2014 $1,373 $48,900 $10,800 $38,100
Source: Public Records

Agents Affiliated with this Home

  • Anthony Schubert

    Seller's Agent in 2016

    Anthony Schubert

    RE/MAX

    (515) 729-4858

    2 in this area

    83 Total Sales

    Anthony Schubert
    Section Image
  • Wayne DePenning

    Buyer's Agent in 2016

    Wayne DePenning

    BHHS First Realty Westown

    (515) 669-2453

    71 Total Sales

    Wayne DePenning
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 510435

Des Moines Area Association of REALTORS®

APN: 060-05798000000

Iowa Polk County Des Moines 50317 Gray's Woods

1240 E 37th St, Des Moines, IA

Not Listed for Sale

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