1318 40th St Des Moines, IA 50311
Drake Neighborhood
3
Beds
2.5
Baths
1,419
Sq Ft
9,705
Sq Ft Lot
Highlights
- No HOA
- Formal Dining Room
- Forced Air Heating and Cooling System
About This Home
As of July 2021Lovely home loaded with character! Spacious rooms with high ceilings and original woodwork. Newer furnace and central air. Updated electrical. Newer siding with lifetime guarantee. New windows. Waterproofed basement. Newer driveway with extra parking. Large deck. Nice flat and fenced yard. Inviting enclosed front porch. Full bath up, powder room on main level and additional shower in lower level. Walk-in closets. Newer appliances. Highly desirable location. Home warranty included!
Home Details
Home Type
- Single Family
Year Built
- Built in 1920
Lot Details
- 9,705 Sq Ft Lot
- Lot Dimensions are 56x173
- Property is zoned R1-60
Home Design
- Brick Foundation
- Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 1,419 Sq Ft Home
- 1.5-Story Property
- Formal Dining Room
- Unfinished Basement
Kitchen
- Stove
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Parking
- 1 Car Detached Garage
- Driveway
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 10002495002000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 9, 2021
Closed on
Jul 15, 2021
Sold by
Nicholson John M and Sawyer Allison D
Bought by
Hill Alexander M and Olson Ashley
Seller's Agent
Tyler Wilkening
Century 21 Signature
Buyer's Agent
Kathryn Wheeler
Iowa Realty Beaverdale
List Price
$207,500
Sold Price
$210,000
Premium/Discount to List
$2,500
1.2%
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
$50,887
Avg. Annual Appreciation
4.83%
Original Mortgage
$203,700
Outstanding Balance
$186,971
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$67,132
Purchase Details
Listed on
May 12, 2017
Closed on
Aug 24, 2017
Sold by
Thomas Edna L
Bought by
Nicholson John M and Sawyer Allison D
Seller's Agent
Lisa Davis
RE/MAX Precision
Buyer's Agent
Tyler Wilkening
Century 21 Signature
List Price
$174,900
Sold Price
$148,000
Premium/Discount to List
-$26,900
-15.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.39%
Original Mortgage
$133,200
Interest Rate
3.92%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Des Moines, IA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $210,000 | None Available | |
| Deed | $148,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $203,700 | New Conventional | |
| Previous Owner | $133,200 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $35,000 | Credit Line Revolving | |
| Previous Owner | $116,000 | New Conventional | |
| Previous Owner | $100,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/20/2021 07/20/21 | Sold | $210,000 | +1.2% | $148 / Sq Ft |
| 07/20/2021 07/20/21 | Pending | -- | -- | -- |
| 06/09/2021 06/09/21 | For Sale | $207,500 | +40.2% | $146 / Sq Ft |
| 08/28/2017 08/28/17 | Sold | $148,000 | -15.4% | $104 / Sq Ft |
| 08/28/2017 08/28/17 | Pending | -- | -- | -- |
| 05/12/2017 05/12/17 | For Sale | $174,900 | -- | $123 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $3,950 | $200,800 | $51,900 | $148,900 |
| 2023 | $4,040 | $200,800 | $51,900 | $148,900 |
| 2022 | $4,008 | $171,400 | $45,800 | $125,600 |
| 2021 | $3,886 | $171,400 | $45,800 | $125,600 |
| 2020 | $4,036 | $155,700 | $41,800 | $113,900 |
| 2019 | $4,228 | $155,700 | $41,800 | $113,900 |
| 2018 | $4,216 | $157,300 | $36,600 | $120,700 |
| 2017 | $3,832 | $167,200 | $36,600 | $130,600 |
| 2016 | $3,728 | $150,200 | $32,800 | $117,400 |
| 2015 | $3,728 | $150,200 | $32,800 | $117,400 |
| 2014 | $3,438 | $143,200 | $31,100 | $112,100 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Tyler Wilkening
Century 21 Signature
(515) 979-6191
1 in this area
91 Total Sales
-
Buyer's Agent in 2021
Kathryn Wheeler
Iowa Realty Beaverdale
(515) 710-1399
6 in this area
156 Total Sales
-
Seller's Agent in 2017
Lisa Davis
RE/MAX
(515) 657-3145
1 in this area
120 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 539529
APN: 100-02495002000
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