NOT LISTED FOR SALE

1500 E 40th St Des Moines, IA 50317

Gray's Woods Neighborhood

Estimated Value: $149,000 - $228,000

2 Beds
2 Baths
786 Sq Ft
$257/Sq Ft Est. Value

Last Sold February 03, 2020

Last sale price $157,000 $200 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,394/month

47 Days on Market

Highlights

  • Deck
  • 2 Fireplaces
  • No HOA
  • Ranch Style House
  • Corner Lot
  • Forced Air Heating and Cooling System

About This Home

As of February 2020

Come and fall in love with this beautiful updated home! Main floor offers two bedrooms, full bathroom, living room, and a kitchen with brand-new stainless-steel appliances. Lower level has two nonconforming bedrooms and a lot finished space to use as another living space. The space given by the attached and detached two-car garages makes this home perfect for car lovers with projects or for extra storage. Sitting in a corner lot, this home has a with a huge deck right outside that is perfect for having cookouts on sunny days.

Last Agent to Sell the Property

Alejandro Castaneda

Uplift Realty Listed on: 12/18/2019

Last Buyer's Agent

Junior Ibarra

Keller Williams Realty GDM

Keller Williams Realty GDM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,672

Year Built

  • Built in 1976

Lot Details

  • 7,626 Sq Ft Lot
  • Lot Dimensions are 62x123
  • Corner Lot
  • Property is zoned R1-60

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 786 Sq Ft Home
  • 2 Fireplaces
  • Electric Fireplace
  • Partially Finished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Parking

  • 4 Garage Spaces | 2 Attached and 2 Detached
  • Driveway

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06007087007000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,672

Year Built

Built in 1976

Lot Details

7,626 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 203.56
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 199.75
  • Termite: Follow Showing Instructions
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Electric
  • Fireplaces: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Basement Description: Partial Finished
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 786
  • Total Sq Ft: 786

Exterior Features

  • Exterior: Cement Board
  • Exterior Features: Deck
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Attached, 2 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1750
  • Lot S F: 7626
  • Lot Shape: Corner Lot
  • Lot Size: 62X123
  • Assessor Parcel Number: 06007087007000
  • Zoning: R1-60

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: 2672.00
  • Net Taxes: 2672.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2019
Closed on
Jan 30, 2020
Sold by
Moreira William E Chavez
Bought by
Borrios Rosslin R Sarceno
Seller's Agent
Alejandro Castaneda
Uplift Realty
Buyer's Agent
Junior Ibarra
Keller Williams Realty GDM
List Price
$160,000
Sold Price
$157,000
Premium/Discount to List
-$3,000
-1.88%
Current Estimated Value
$202,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,076
Avg. Annual Appreciation
4.27%
Original Mortgage
$140,923
Outstanding Balance
$123,951
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$78,125

Purchase Details

Listed on
Feb 12, 2019
Closed on
Apr 25, 2019
Sold by
Moore Sharon Ann
Bought by
Moreira William E Chavez
Seller's Agent
Kristin Goodwin
Pennie Carroll & Associates
Buyer's Agent
Julio Calvo
RE/MAX Precision
List Price
$99,000
Sold Price
$80,000
Premium/Discount to List
-$19,000
-19.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
137.35%

Purchase Details

Closed on
Dec 7, 2007
Sold by
Us Bank Na
Bought by
Moore Sharon Ann

Purchase Details

Closed on
Sep 27, 2007
Sold by
Schamerhorn Earl and Schamerhorn Cheryl
Bought by
Us Bank Na Nd
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
Borrios Rosslin R Sarceno $157,000 None Available
Moreira William E Chavez $80,000 None Available
Moore Sharon Ann $56,000 Liberty Title & Escrow Co
Us Bank Na Nd -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borrios Rosslin R Sarceno $140,923
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/03/2020 02/03/20 Sold $157,000 -1.9% $200 / Sq Ft
02/03/2020 02/03/20 Pending -- -- --
12/18/2019 12/18/19 For Sale $160,000 +100.0% $204 / Sq Ft
04/26/2019 04/26/19 Sold $80,000 -19.2% $102 / Sq Ft View Prior Sale
04/26/2019 04/26/19 Pending -- -- --
02/12/2019 02/12/19 For Sale $99,000 -- $126 / Sq Ft
Source: Des Moines Area Association of REALTORS®

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 $4,266 $244,000 $23,900 $220,100
2024 $4,266 $216,900 $21,100 $195,800
2023 $4,040 $216,900 $21,100 $195,800
2022 $4,008 $171,400 $17,200 $154,200
2021 $3,774 $171,400 $17,200 $154,200
2020 $2,886 $151,200 $15,100 $136,100
2019 $2,672 $111,300 $15,100 $96,200
2018 $2,644 $99,400 $13,200 $86,200
2017 $2,562 $99,400 $13,200 $86,200
2016 $2,496 $94,700 $12,300 $82,400
2015 $2,496 $94,700 $12,300 $82,400
2014 $2,308 $90,100 $11,500 $78,600
Source: Public Records

Agents Affiliated with this Home

  • Alejandro Castaneda

    Seller's Agent in 2020

    Alejandro Castaneda

    Uplift Realty

    (515) 779-6564

    4 in this area

    69 Total Sales

    Alejandro Castaneda
    Section Image
  • Junior Ibarra

    Buyer's Agent in 2020

    Junior Ibarra

    Keller Williams Realty GDM

    (515) 417-0624

    16 in this area

    916 Total Sales

    Junior Ibarra
    Section Image
  • Maria Rocha

    Buyer Co-Listing Agent in 2020

    Maria Rocha

    EXP Realty, LLC

    (515) 423-4463

    2 in this area

    123 Total Sales

    Maria Rocha
    Section Image
  • Kristin Goodwin

    Seller's Agent in 2019

    Kristin Goodwin

    Pennie Carroll & Associates

    (515) 778-0597

    Kristin Goodwin
    Section Image
  • Julio Calvo

    Buyer's Agent in 2019

    Julio Calvo

    RE/MAX

    (515) 339-1035

    2 in this area

    72 Total Sales

    Julio Calvo
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 596327

Des Moines Area Association of REALTORS®

APN: 060-07087007000

Iowa Polk County Des Moines 50317 Gray's Woods

1500 E 40th St, Des Moines, IA

Not Listed for Sale

Detached

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