NOT LISTED FOR SALE

2105 40th St Des Moines, IA 50310

Beaverdale Neighborhood

Estimated Value: $178,240 - $200,000

-- Bed
2 Baths
1,024 Sq Ft
$185/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $140,000 $137 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,297/month

44 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Storage
  • Wood Flooring
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

INVESTORS!! This is for you! Ranch duplex with 2-1 bedroom units. Each has kitchen, full bath & full/unfinished basement. Separate entrances for each unit. Newer roof. Located in NFC area. 2107 occupied with lease expiring 07-2021, $500/month. (Same renter since 2008). 2105 vacant. 4 cars can park behind house. Lease says landlord snow removal and yard maintenance.

Last Listed By

Jerilyn Iles

Coldwell Banker Mid-America Listed on: 07/15/2020

Coldwell Banker Mid-America

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,998

Year Built

  • Built in 1942

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50x140

Home Design

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

Interior Spaces

  • 2 Full Bathrooms
  • 1,024 Sq Ft Home
  • Storage
  • Laundry Room
  • Fire and Smoke Detector
  • Stove
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 10001365000000

Community Details

Overview

  • No Home Owners Association

Building Details

  • Operating Expense $4,987
  • Gross Income $13,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,998

Year Built

Built in 1942

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 136.72
  • Sp Amt Sq Ft: 136.72
  • Termite: Call Listing Agent
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Carpeting, Hardwood Floors, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1024
  • Laundry: Yes
  • Storage: Yes
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 1024
  • Total Sq Ft: 1024

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Sidewalk: Y
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Asphalt
  • Off Street Parking: 4

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Fee Information

  • Total Expense: 4987

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1610
  • Lot S F: 7000
  • Lot Size: 50X140
  • Assessor Parcel Number: 10001365000000
  • Zoning: R1-60

Rental Info

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

Tax Info

  • Gross Taxes: 2998.34
  • Net Taxes: 2998.34

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Aug 26, 2020
Sold by
Rentovating Lowa Llc
Bought by
Waugh Jacob L
Seller's Agent
Jerilyn Iles
Coldwell Banker Mid-America
Buyer's Agent
Darson Grantham
Keller Williams Realty GDM
List Price
$140,000
Sold Price
$140,000
Total Days on Market
44
Current Estimated Value
$189,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,120
Avg. Annual Appreciation
6.77%
Original Mortgage
$133,000
Outstanding Balance
$119,561
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$71,531

Purchase Details

Closed on
Mar 5, 2014
Sold by
Wt Properties Llc
Bought by
Rentovating Iowa Llc

Purchase Details

Closed on
Mar 18, 2010
Sold by
Berkemann Thomas R and Berkemann Wendy S
Bought by
Wt Properties Llc

Purchase Details

Closed on
Dec 7, 2005
Sold by
Berkemann Michael and Estate Of Donald R Berkemann
Bought by
Berkemann Tom and Berkemann Wendy

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
Waugh Jacob L $140,000 Proper Title Llc
Rentovating Iowa Llc -- None Available
Wt Properties Llc -- None Available
Berkemann Tom -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waugh Jacob $10,500
Open Waugh Jacob L $133,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $140,000 0.0% $137 / Sq Ft
08/28/2020 08/28/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $140,000 -- $137 / 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 $2,864 $145,600 $41,000 $104,600
2023 $2,942 $145,600 $41,000 $104,600
2022 $2,918 $124,800 $36,200 $88,600
2021 $2,878 $124,800 $36,200 $88,600
2020 $2,990 $115,300 $33,100 $82,200
2019 $2,828 $115,300 $33,100 $82,200
2018 $2,798 $105,200 $29,500 $75,700
2017 $2,520 $105,200 $29,500 $75,700
2016 $2,456 $93,200 $25,800 $67,400
2015 $2,456 $93,200 $25,800 $67,400
2014 $2,354 $88,600 $23,400 $65,200
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jerilyn Iles

    Coldwell Banker Mid-America

    (515) 229-0499

    Section Image
  • Darson Grantham

    Buyer's Agent in 2020

    Darson Grantham

    Keller Williams Realty GDM

    (641) 745-0156

    6 in this area

    198 Total Sales

    Darson Grantham
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 609960

Des Moines Area Association of REALTORS®

APN: 100-01365000000

Iowa Polk County Des Moines 50310 Beaverdale

2105 40th St, Des Moines, IA

Homes for Sale in Des Moines, IA

This home is located at 2105 40th St, Des Moines, IA 50310 since 15 July 2020 and is currently estimated at $189,120, approximately $184 per square foot. This property was built in 1942. 2105 40th St is a home located in Polk County with nearby schools including Perkins Elementary School, Merrill Middle School, and Roosevelt High School.

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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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