$227,000
SOLD AUG 21, 2018

1320 E 40th St Des Moines, IA 50317

Gray's Woods Neighborhood
2.63 Acres
$86,443 Price per Acre
114,389 Sq Ft Lot

Recently Sold

$119 Per Sq Ft

3% Below List Price

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 and is currently priced at $227,000, approximately $119 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%
Current Estimated Value
$335,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,169
Avg. Annual Appreciation
5.23%
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
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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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $227,000 None Available
Warranty Deed $130,000 None Available
Warranty Deed $114,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $76,082 Credit Line Revolving
Open $204,000 New Conventional
Previous Owner $204,300 Adjustable Rate Mortgage/ARM
Previous Owner $150,000 Future Advance Clause Open End Mortgage
Previous Owner $103,410 No Value Available
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

  • Phil Porter

    Seller's Agent in 2018

    Phil Porter

    RE/MAX

    26 Total Sales

    Section Image
  • Ryan Mathews

    Seller's Agent in 2018

    Ryan Mathews

    RE/MAX

    (515) 202-1019

    1 in this area

    153 Total Sales

    Section Image

  • T

    Seller Co-Listing Agent in 2018

    Todd Omundson

    RE/MAX

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 565660

Des Moines Area Association of REALTORS®

APN: 060-00645002000

Iowa Polk County Des Moines 50317 Gray's Woods

1320 E 40th St, Des Moines, IA

This home is located at 1320 E 40th St, Des Moines, IA 50317 and is currently priced at $227,000, approximately $119 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.

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.

Des Moines Area Association of REALTORS® 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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