NOT LISTED FOR SALE

1344 E 40th St Des Moines, IA 50317

Gray's Woods Neighborhood

Estimated Value: $300,000 - $339,000

0.88 Acre
$364,190 Price per Acre
38,115 Sq Ft Lot

Last Sold November 07, 2012

Last sale price $164,500 $112 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,163/month

289 Days on Market

Highlights

  • 0.88 Acre Lot
  • 1 Fireplace
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Home Security System
  • Dining Area

About This Lot

As of November 2012

This is a wonderful in-town acreage in the Grays Woods neighborhood. Sitting on over 3/4 acre, surrounded by woods, this 4 bedroom, 2 bath home built in 2005 is a wonderful value! Inside the home boasts an open floor plan with the master suite separated from the other bedrooms. Currently 1100 square feet of finish in the lower level includes a huge family room, a bedroom, and another finished room that could easily become a 5th bedroom. The wood foundation gives the lower level an upper level warmth. Outside the house, the HUGE, fenced yard features 2 apple trees, a strawberry garden, blueberry bushes, raspberry bushes, a grape vine, rhubarb, asparagus, chives, and a separately fenced vegetable garden. All this, and just 2 blocks from the 4 Mile multi-purpose trail, and with 2 years of remaining tax abatement. This is a very unique opportunity! Please come and take a look!

Last Agent to Sell the Property

Rob Wheeler

Century 21 Signature Listed on: 01/23/2012

Century 21 Signature

Last Buyer's Agent

Jonathan Lee

RE/MAX Precision

RE/MAX Precision

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $955

Year Built

  • Built in 2005

Lot Details

  • 0.88 Acre Lot
  • Property is zoned R1-60

Home Design

  • Ranch Style House
  • Wood Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,468 Sq Ft Home
  • 1 Fireplace
  • Dining Area
  • Finished Basement
  • Basement Window Egress
  • Laundry on main level

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06000628000000

Property Details

Property Type

Land

Est. Annual Taxes

$955

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: Ranch
  • Lp Amt Sq Ft: 109.00
  • Sp Amt Sq Ft: 112.00
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry, Cable TV, Carpeting, Security System, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Basement Description: Egress Windows, Finished
  • Dining Room: Dining Areas
  • Included Items: Dishwasher, Microwave, Stove
  • Living Area Sq Ft: 1468
  • Total Sq Ft: 1468

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Wood
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Attached

Utilities

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

Lot Info

  • Acres: 0.8750
  • Lot S F: 38130
  • Assessor Parcel Number: 06000628000000
  • Zoning: R1-60

Tax Info

  • Gross Taxes: 955.00
  • Net Taxes: 814.00
  • Assessor Parcel Number: 1344E40THSTPOLKDESMOINE50317

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2012
Closed on
Nov 6, 2012
Sold by
Stieler Daniel P and Stieler Kimberly S
Bought by
Vigor Leeanna
Seller's Agent
Rob Wheeler
Century 21 Signature
Buyer's Agent
Jonathan Lee
RE/MAX Precision
List Price
$177,000
Sold Price
$164,500
Premium/Discount to List
-$12,500
-7.06%
Current Estimated Value
$318,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,166
Avg. Annual Appreciation
5.20%
Original Mortgage
$148,050
Outstanding Balance
$101,987
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$216,679

Purchase Details

Closed on
Apr 10, 2009
Sold by
The Renovators Inc
Bought by
Stieler Daniel P and Stieler Kimberly S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,160
Interest Rate
5.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 4, 2008
Sold by
Horizon Bank
Bought by
The Renovators Inc

Purchase Details

Closed on
Jan 11, 2008
Sold by
Holtkamp Fred F
Bought by
Horizon Bank

Purchase Details

Closed on
Jun 3, 2003
Sold by
Hunter Acquisitions Llc
Bought by
Holtkamp Fred F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,960
Interest Rate
5.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2001
Sold by
Peterson Charles J and Peterson Cary
Bought by
Hunter Acquisitions Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vigor Leeanna $164,500 None Available
Stieler Daniel P $177,500 None Available
The Renovators Inc $99,500 None Available
Horizon Bank -- None Available
Holtkamp Fred F $13,500 --
Hunter Acquisitions Llc $332 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vigor Leeanna $148,050
Previous Owner Stieler Daniel P $142,160
Previous Owner Holtkamp Fred F $10,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2012 11/07/12 Sold $164,500 -7.1% $112 / Sq Ft
11/07/2012 11/07/12 Pending -- -- --
01/23/2012 01/23/12 For Sale $177,000 -- $121 / 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 $5,798 $305,200 $42,500 $262,700
2024 $5,798 $305,200 $37,700 $267,500
2023 $5,464 $305,200 $37,700 $267,500
2022 $5,420 $240,700 $30,700 $210,000
2021 $5,090 $240,700 $30,700 $210,000
2020 $5,284 $212,600 $27,000 $185,600
2019 $4,862 $212,600 $27,000 $185,600
2018 $4,806 $189,400 $23,600 $165,800
2017 $4,916 $189,400 $23,600 $165,800
2016 $4,784 $190,300 $23,300 $167,000
2015 $4,784 $190,300 $23,300 $167,000
2014 $4,656 $183,900 $22,100 $161,800
Source: Public Records

Agents Affiliated with this Home

  • Rob Wheeler

    Seller's Agent in 2012

    Rob Wheeler

    Century 21 Signature

    (515) 710-7721

    90 Total Sales

    Rob Wheeler
    Section Image
  • Jonathan Lee

    Buyer's Agent in 2012

    Jonathan Lee

    RE/MAX

    (515) 306-5958

    119 Total Sales

    Jonathan Lee
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 395093

Des Moines Area Association of REALTORS®

APN: 060-00628000000

Iowa Polk County Des Moines 50317 Gray's Woods

1344 E 40th St, Des Moines, IA

Not Listed for Sale

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