NOT LISTED FOR SALE

2021 E 40th St Des Moines, IA 50317

Gray's Woods Neighborhood

Estimated Value: $201,820 - $271,000

-- Bed
1 Bath
1,596 Sq Ft
$138/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $188,000 $118 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,514/month

26 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Storage
  • Ranch Style House
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Great rental property ready for a new investor. Great neighborhood, with newly renovated side. Call for a showing today!

Last Listed By

Matthew Parmenter

Keller Williams Realty GDM Listed on: 06/29/2022

Keller Williams Realty GDM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,521

Year Built

  • Built in 1985

Lot Details

  • 0.29

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • 1 Full Bathroom
  • 1,596 Sq Ft Home
  • Storage
  • Laundry Room
  • 2 Kitchens

Additional Features

  • 0.29 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06008122001000

Community Details

Overview

  • No Home Owners Association

Building Details

  • Operating Expense $50
  • Gross Income $1,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,521

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 122.18
  • Sp Amt Sq Ft: 117.79
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Disposals: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes
  • Living Area Sq Ft: 1596
  • Total Sq Ft: 1596

Exterior Features

  • Exterior: Brick
  • Foundation: Poured

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No
  • Manager: Yes

Fee Information

  • Total Expense: 50

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2890
  • Lot S F: 12600
  • Assessor Parcel Number: 06008122001000
  • Zoning: N3A

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Landlord, Misc Exp Landlord, Water Tenant

Tax Info

  • Gross Taxes: 3521.00
  • Net Taxes: 3521.00
  • Tax Year: 2021

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2022
Closed on
Aug 24, 2022
Sold by
2Pars Llc
Bought by
Carticky Capital Llc
Seller's Agent
Matthew Parmenter
Keller Williams Realty GDM
Buyer's Agent
Mike O'Neill
Realty ONE Group Impact
List Price
$195,000
Sold Price
$188,000
Premium/Discount to List
-$7,000
-3.59%
Total Days on Market
26
Views
1
Current Estimated Value
$219,955

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,955
Avg. Annual Appreciation
6.01%
Original Mortgage
$148,325
Outstanding Balance
$142,940
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$77,015

Purchase Details

Closed on
Dec 6, 2004
Sold by
City Of Des Moines Municipal Hsng Agency
Bought by
Mcclish Michael T and Mcclish June L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.77%
Mortgage Type
New Conventional

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 Buyer Sale Price Title Company
Carticky Capital Llc $198,625 --
Mcclish Michael T $93,751 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carticky Capital Llc $148,325
Previous Owner Mcclish Todd M $75,000
Previous Owner Mcclish Todd M $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $188,000 -3.6% $118 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
06/29/2022 06/29/22 For Sale $195,000 -- $122 / 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 $3,466 $176,200 $29,800 $146,400
2023 $3,258 $176,200 $29,800 $146,400
2022 $3,232 $138,200 $24,800 $113,400
2021 $3,104 $138,200 $24,800 $113,400
2020 $3,226 $124,400 $22,200 $102,200
2019 $3,188 $124,400 $22,200 $102,200
2018 $3,156 $118,600 $20,400 $98,200
2017 $3,126 $118,600 $20,400 $98,200
2016 $3,046 $115,600 $19,500 $96,100
2015 $3,046 $115,600 $19,500 $96,100
2014 $2,930 $114,400 $19,200 $95,200
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Matthew Parmenter

    Keller Williams Realty GDM

    (515) 321-4810

    1 in this area

    30 Total Sales

    Matthew Parmenter
    Section Image

  • M

    Buyer's Agent in 2022

    Mike O'Neill

    Realty ONE Group Impact

    (515) 537-9303

    4 in this area

    59 Total Sales

    Mike O'Neill
    Section Image
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Map

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Source: Des Moines Area Association of REALTORS®

MLS Number: 655183

Des Moines Area Association of REALTORS®

APN: 060-08122001000

Iowa Polk County Des Moines 50317 Gray's Woods

2021 E 40th St, Des Moines, IA

Homes for Sale in Des Moines, IA

This home is located at 2021 E 40th St, Des Moines, IA 50317 since 29 June 2022 and is currently estimated at $219,955, approximately $137 per square foot. This property was built in 1985. 2021 E 40th St is a home located in Polk County with nearby schools including Brubaker Elementary School, Hoyt Middle School, and East High School.

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