NOT LISTED FOR SALE

Estimated Value: $295,000 - $360,225

2.63 Acres
$122,641 Price per Acre
114,389 Sq Ft Lot

Last Sold August 21, 2018

Last sale price $227,000 $119 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,291/month

34 Days on Market

Highlights

  • 2.63 Acre Lot
  • 1 Fireplace
  • Eat-In Kitchen
  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System

About This Lot

As of August 2018

This home is located at 1320 E 40th St, Des Moines, IA 50317 since 18 July 2018 and is currently estimated at $322,056, approximately $169 per square foot. This property was built in 1971. 1320 E 40th St is a home located in Polk County with nearby schools including Stowe Elementary School, Hoyt Middle School, and East High School.

Last Agent to Sell the Property

Ryan Mathews

RE/MAX Revolution Listed on: 07/18/2018

RE/MAX Revolution

Co-Listed By

Todd Omundson

RE/MAX Hilltop

Last Buyer's Agent

Ryan Mathews

RE/MAX Revolution Listed on: 07/18/2018

RE/MAX Revolution

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,170

Year Built

  • Built in 1971

Lot Details

  • 2.63 Acre Lot
  • Lot Dimensions are 369x310
  • Property is zoned R160

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,904 Sq Ft Home
  • 1 Fireplace
  • Dining Area
  • Walk-Out Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06000645002000

Property Details

Property Type

Land

Est. Annual Taxes

$4,170

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: Ranch
  • Lp Amt Sq Ft: 123.42
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 119.22
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Fireplaces: 1
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Basement Description: Walkout
  • Sq Ft Bsmt: 1904
  • Dining Room: Dining Areas, Eat In Kitchen
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1904
  • Total Sq Ft: 1904

Exterior Features

  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Trim: Paint

Garage/Parking

  • Driveway: Gravel
  • Garage: 3 Attached

Utilities

  • Sewer: Septic
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air, Propane

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 2.6260
  • Lot S F: 114390
  • Lot Size: 369X310
  • Assessor Parcel Number: 06000645002000
  • Zoning: R160

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: 4170.00
  • Net Taxes: 3940.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 18, 2018
Closed on
Oct 17, 2018
Sold by
Boeckermann Jeremiah Richard
Bought by
Boeckermann Jeremiah Ricahrd and Tappan Katelynn R
Seller's Agent
Ryan Mathews
RE/MAX Revolution
Buyer's Agent
Ryan Mathews
RE/MAX Revolution
List Price
$235,000
Sold Price
$227,000
Premium/Discount to List
-$8,000
-3.4%
Total Days on Market
34
Current Estimated Value
$322,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,056
Avg. Annual Appreciation
5.37%
Original Mortgage
$204,300
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 18, 2018
Closed on
Aug 21, 2018
Sold by
Mando Holdings Llc
Bought by
Boeckermann Jeremiah Richard
Seller's Agent
Ryan Mathews
RE/MAX Revolution
Buyer's Agent
Ryan Mathews
RE/MAX Revolution
List Price
$235,000
Sold Price
$227,000
Premium/Discount to List
-$8,000
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,300
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 21, 2018
Closed on
Apr 5, 2018
Sold by
Miner Amy L
Bought by
Mando Holdings Llc
Seller's Agent
Phil Porter
RE/MAX Revolution
Buyer's Agent
Ryan Mathews
RE/MAX Revolution
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
333.57%
Original Mortgage
$150,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 12, 1998
Sold by
Stader David C and Darlington Kristine A
Bought by
Miner Merle R and Miner Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,410
Interest Rate
7.07%
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
Boeckermann Jeremiah Ricahrd -- None Available
Boeckermann Jeremiah Richard $227,000 None Available
Mando Holdings Llc $130,000 None Available
Miner Merle R $114,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boeckermann Jeremiah Richard $76,082
Open Boeckermnn Jeremiah R $204,000
Previous Owner Boeckermann Jeremiah Richard $204,300
Previous Owner Mando Holdings Llc $150,000
Previous Owner Miner Merle R $103,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2018 08/21/18 Sold $227,000 -3.4% $119 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $235,000 +80.8% $123 / Sq Ft
04/05/2018 04/05/18 Sold $130,000 0.0% $68 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $130,000 -- $68 / 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
2024 $5,794 $305,000 $54,900 $250,100
2023 $5,448 $305,000 $54,900 $250,100
2022 $5,404 $240,000 $44,800 $195,200
2021 $5,148 $240,000 $44,800 $195,200
2020 $5,342 $214,900 $39,400 $175,500
2019 $4,456 $214,900 $39,400 $175,500
2018 $4,178 $165,800 $34,300 $131,500
2017 $3,940 $165,800 $34,300 $131,500
2016 $3,834 $154,200 $29,300 $124,900
2015 $3,834 $154,200 $29,300 $124,900
2014 $3,582 $148,800 $27,800 $121,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 565660

Des Moines Area Association of REALTORS®

APN: 060-00645002000