NOT LISTED FOR SALE

2208 E 40th St Des Moines, IA 50317

Gray's Woods Neighborhood

Estimated Value: $96,000 - $156,000

2 Beds
1 Bath
716 Sq Ft
$183/Sq Ft Est. Value

Last Sold July 16, 2020

Last sale price $45,165 $63 Per Sq Ft

Est. 190% increase in value since last sale

Current estimated payment $885/month

119 Days on Market

About This Home

As of July 2020

Great opportunity on this ranch home with 2 bedrooms, 1 bath, 1 car detached garage and about 716 square feet of living space. Built in 1952, updates are needed to make it move in ready but this house is a great option. Schedule your showing today!

Last Agent to Sell the Property

Cheryl Rabin

REALHome Services and Solutions, Inc. Listed on: 03/19/2020

Last Buyer's Agent

Michael Harris

VIA Group, REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1952

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100x126

Parking

  • 1 Car Detached Garage

Home Design

  • 716 Sq Ft Home
  • Ranch Style House

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06008153001000

Home Details

Home Type

Single Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 67.74
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 63.08
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Living Area Sq Ft: 716
  • Total Sq Ft: 716

Garage/Parking

  • Garage: 1 Detached

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2890
  • Lot S F: 12600
  • Lot Size: 100X126
  • Assessor Parcel Number: 06008153001000
  • Zoning: RES

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: 1450.00
  • Net Taxes: 1450.00
  • Tax Year: 2020

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Jul 7, 2020
Sold by
Deutsche Bank National Trust Company
Bought by
Monzon Mario and Monzon Rennis
Seller's Agent
Cheryl Rabin
REALHome Services and Solutions, Inc.
Buyer's Agent
Michael Harris
VIA Group, REALTORS
List Price
$56,300
Sold Price
$45,165
Premium/Discount to List
-$11,135
-19.78%
Current Estimated Value
$131,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,885
Avg. Annual Appreciation
24.10%

Purchase Details

Closed on
Dec 19, 2019
Sold by
Hansen James D
Bought by
Deutsche Bank National Trust Company and Ameriquest Mortgage Securities Inc

Purchase Details

Closed on
May 24, 2000
Sold by
Clark Toni Leto
Bought by
Hansen James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,605
Interest Rate
8.18%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 2000
Sold by
Leto Andrea M
Bought by
Clark Toni Leto

Purchase Details

Closed on
Oct 2, 1997
Sold by
Leto Karen J
Bought by
Leto Andrea M
Source: Public Records

Range of Values:

Collateral Analytics

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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
Monzon Mario $45,165 None Available
Deutsche Bank National Trust Company $51,300 None Available
Hansen James D $52,500 --
Clark Toni Leto -- --
Leto Andrea M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hansen James D $15,723
Previous Owner Hansen James D $13,108
Previous Owner Hansen James D $52,605
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2020 07/16/20 Sold $45,165 -19.8% $63 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $56,300 -- $79 / 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 $1,932 $98,200 $29,800 $68,400
2023 $1,908 $98,200 $29,800 $68,400
2022 $1,894 $81,000 $24,800 $56,200
2021 $1,816 $81,000 $24,800 $56,200
2020 $1,660 $72,800 $22,200 $50,600
2019 $1,450 $72,800 $22,200 $50,600
2018 $1,430 $62,500 $20,400 $42,100
2017 $1,408 $62,500 $20,400 $42,100
2016 $1,368 $60,600 $19,500 $41,100
2015 $1,368 $60,600 $19,500 $41,100
2014 $1,324 $60,600 $19,100 $41,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Cheryl Rabin

    REALHome Services and Solutions, Inc.

    (770) 612-7326

    2 in this area

    370 Total Sales

    Cheryl Rabin
    Section Image
  • Michael Harris

    Buyer's Agent in 2020

    Michael Harris

    VIA Group, REALTORS

    (515) 707-4982

    1 in this area

    30 Total Sales

    Michael Harris
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 601534

Des Moines Area Association of REALTORS®

APN: 060-08153001000

Iowa Polk County Des Moines 50317 Gray's Woods

2208 E 40th St, Des Moines, IA

This home is located at 2208 E 40th St, Des Moines, IA 50317 since 19 March 2020 and is currently estimated at $131,050, approximately $183 per square foot. This property was built in 1952. 2208 E 40th St is a home located in Polk County with nearby schools including Brubaker Elementary School, Hoyt Middle School, and East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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