NOT LISTED FOR SALE

2204 E 40th Ct Des Moines, IA 50317

Gray's Woods Neighborhood

Estimated Value: $161,556 - $179,000

2 Beds
1 Bath
886 Sq Ft
$189/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $109,000 $123 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,092/month

115 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of October 2020

2 bedroom, 1 bath newly remodeled throughout. New appliances to go with the new kitchen, new AC/furnace and water heater. Great opportunity for first time home buyers and qualify for NFC 10K forgivable loan.

Last Agent to Sell the Property

Bopha Mom-Baccam

RE/MAX Concepts Listed on: 06/09/2020

RE/MAX Concepts

Co-Listed By

Sullivan Baccam

RE/MAX Concepts

Last Buyer's Agent

Stephanie Anania

RE/MAX Revolution

RE/MAX Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,472

Year Built

  • Built in 1947

Lot Details

  • 6,300 Sq Ft Lot
  • Property is zoned R1-60

Parking

  • Driveway

Home Design

  • 886 Sq Ft Home
  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Kitchen

  • Stove
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06008105000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,472

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 118.51
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 123.02
  • Termite: Follow Showing Instructions
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Included Items: Cooktop, Dishwasher, Microwave, Refrigerator, See Remarks, Stove
  • Living Area Sq Ft: 886
  • Total Sq Ft: 886

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1450
  • Lot S F: 6300
  • Lot Shape: Regular
  • Assessor Parcel Number: 06008105000000
  • 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: 1471.86
  • Net Taxes: 1471.86
  • Tax Year: 2020

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2020
Closed on
Sep 24, 2020
Sold by
M & D Realty Inc
Bought by
Chiles Taylor M
Seller's Agent
Bopha Mom-Baccam
RE/MAX Concepts
Buyer's Agent
Stephanie Anania
RE/MAX Revolution
List Price
$115,000
Sold Price
$109,000
Premium/Discount to List
-$6,000
-5.22%
Current Estimated Value
$167,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,639
Avg. Annual Appreciation
8.49%
Original Mortgage
$21,800
Outstanding Balance
$11,363
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$156,276

Purchase Details

Listed on
Nov 10, 2019
Closed on
Dec 12, 2019
Sold by
Luetje Adam P and Luetje Laura R
Bought by
M & D Relty Inc
Seller's Agent
OUTSIDE AGENT
OTHER
Buyer's Agent
Kristy Koeppe
Weichert, Realtors - 515 Agency
List Price
$49,000
Sold Price
$49,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
168.34%

Purchase Details

Closed on
Jul 21, 2009
Sold by
Luetje Adam P
Bought by
Luetje Adam P and Luetje Laura R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,244
Interest Rate
4.83%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 4, 2009
Sold by
Bank Of New York
Bought by
Berst Brian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,244
Interest Rate
4.83%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 15, 2007
Sold by
S & G Real Estate Investments Inc
Bought by
Luetje Adam P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,040
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2006
Sold by
Smith Robert Lee and Smith Shirley J
Bought by
S&G Real Estate Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
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
Chiles Taylor M $109,000 None Available
M & D Relty Inc $49,000 None Available
Luetje Adam P -- None Available
Berst Brian J $55,500 None Available
Luetje Adam P $63,500 Itc
S&G Real Estate Investments Inc $42,000 Itc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chiles Taylor M $21,800
Open Chiles Taylor M $87,200
Previous Owner Berst Brian J $55,244
Previous Owner Luetje Adam P $51,040
Previous Owner S&G Real Estate Investments Inc $212,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2020 10/02/20 Sold $109,000 -5.2% $123 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
06/09/2020 06/09/20 For Sale $115,000 +134.7% $130 / Sq Ft
12/12/2019 12/12/19 Sold $49,000 0.0% $55 / Sq Ft View Prior Sale
12/11/2019 12/11/19 Pending -- -- --
11/10/2019 11/10/19 For Sale $49,000 -- $55 / 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 $2,576 $150,200 $29,100 $121,100
2024 $2,576 $130,900 $25,100 $105,800
2023 $2,514 $130,900 $25,100 $105,800
2022 $2,496 $106,700 $20,900 $85,800
2021 $1,412 $106,700 $20,900 $85,800
2020 $2,176 $56,600 $18,700 $37,900
2019 $2,128 $83,900 $18,700 $65,200
2018 $2,106 $79,200 $17,200 $62,000
2017 $1,718 $79,200 $17,200 $62,000
2016 $1,674 $76,800 $16,400 $60,400
2015 $1,674 $76,800 $16,400 $60,400
2014 $2,034 $77,300 $16,200 $61,100
Source: Public Records

Agents Affiliated with this Home

  • Bopha Mom-Baccam

    Seller's Agent in 2020

    Bopha Mom-Baccam

    RE/MAX

    (877) 407-2676

    91 Total Sales

    Bopha Mom-Baccam
    Section Image
  • Sullivan Baccam

    Seller Co-Listing Agent in 2020

    Sullivan Baccam

    RE/MAX

    (515) 779-6560

    158 Total Sales

    Sullivan Baccam
    Section Image
  • Stephanie Anania

    Buyer's Agent in 2020

    Stephanie Anania

    RE/MAX Revolution

    (515) 865-1335

    3 in this area

    221 Total Sales

    Stephanie Anania
    Section Image

  • O

    Seller's Agent in 2019

    OUTSIDE AGENT

    OTHER

    8 in this area

    5,648 Total Sales

    OUTSIDE AGENT
    Section Image

  • K

    Buyer's Agent in 2019

    Kristy Koeppe

    Weichert, Realtors - 515 Agency

    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 606994

Des Moines Area Association of REALTORS®

APN: 060-08105000000

Iowa Polk County Des Moines 50317 Gray's Woods

2204 E 40th Ct, Des Moines, IA

Not Listed for Sale

Detached

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