2311 E 40th Ct Des Moines, IA 50317
Sheridan Gardens Neighborhood
2
Beds
1
Bath
849
Sq Ft
6,300
Sq Ft Lot
Highlights
- No HOA
- Bungalow
- Property has an invisible fence for dogs
About This Home
As of May 2022Excellent investment opportunity. 2 bedroom with good square footage is a blank slate for you to create your ideal home or investment resale. Great Eastside location close to bike trails and Pleasant Hill/Altoona shopping. Newer furnace and plumbing is a start. Power is on but bring a flashlight for maximum basement visibility.
Home Details
Home Type
- Single Family
Year Built
- Built in 1918
Lot Details
- 6,300 Sq Ft Lot
- Lot Dimensions are 50x126
- Property has an invisible fence for dogs
Home Design
- 849 Sq Ft Home
- Bungalow
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 06003900000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 1, 2022
Closed on
May 23, 2022
Sold by
Johnston Family Investments Llc
Bought by
Downing Antonio
Seller's Agent
Shane Torres
RE/MAX Concepts
Buyer's Agent
Misty Darling
BH&G Real Estate Innovations
List Price
$141,900
Sold Price
$139,500
Premium/Discount to List
-$2,400
-1.69%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,272
Avg. Annual Appreciation
1.63%
Original Mortgage
$135,315
Outstanding Balance
$129,500
Interest Rate
5.11%
Mortgage Type
New Conventional
Estimated Equity
$17,272
Purchase Details
Listed on
Apr 21, 2021
Closed on
May 11, 2021
Sold by
Schubert Eugene A and Schubert Patricia R
Bought by
Johnston Family Investments
Seller's Agent
Anthony Schubert
RE/MAX Concepts
Buyer's Agent
Shane Torres
RE/MAX Concepts
List Price
$64,500
Sold Price
$55,000
Premium/Discount to List
-$9,500
-14.73%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
144.72%
Purchase Details
Closed on
May 25, 2018
Sold by
Contract Exchange Corp
Bought by
Schubert Eugene A and Schubert Patricia R
Purchase Details
Closed on
Apr 27, 2018
Sold by
Steven L Wolvers Properties Inc
Bought by
Contract Exchange Corporation
Purchase Details
Closed on
Dec 29, 2011
Sold by
Steven L Wolvers Properties Inc
Bought by
Smithhart Barbara Anne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,900
Interest Rate
3.99%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
May 21, 2010
Sold by
Steven L Wolvers Properties Inc
Bought by
Miller Matthew and Miller Alison
Purchase Details
Closed on
Jul 27, 2009
Sold by
Steven L Wolvers Properties Inc
Bought by
Risdal Katie E
Purchase Details
Closed on
May 4, 2009
Sold by
Carl Megan R
Bought by
Steven L Wolvers Properties Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
4.85%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jan 30, 2009
Sold by
Seely Patricia M
Bought by
Carl Megan R
Similar Homes in Des Moines, IA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $139,500 | Abendroth Russell Barnett Law | |
| Warranty Deed | $55,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Contract Of Sale | $79,900 | None Available | |
| Contract Of Sale | $79,900 | None Available | |
| Contract Of Sale | $89,900 | None Available | |
| Warranty Deed | $29,500 | None Available | |
| Quit Claim Deed | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $135,315 | New Conventional | |
| Previous Owner | $83,619 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $74,900 | Seller Take Back | |
| Previous Owner | $35,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $21,227 | Unknown | |
| Previous Owner | $20,347 | Unknown | |
| Closed | $0 | Seller Take Back | |
| Closed | $135,315 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/27/2022 05/27/22 | Sold | $139,500 | +1.5% | $164 / Sq Ft |
| 04/29/2022 04/29/22 | Pending | -- | -- | -- |
| 04/20/2022 04/20/22 | Price Changed | $137,500 | -1.7% | $162 / Sq Ft |
| 04/18/2022 04/18/22 | Price Changed | $139,900 | -1.4% | $165 / Sq Ft |
| 04/13/2022 04/13/22 | Pending | -- | -- | -- |
| 03/30/2022 03/30/22 | For Sale | $141,900 | 0.0% | $167 / Sq Ft |
| 03/25/2022 03/25/22 | Pending | -- | -- | -- |
| 03/12/2022 03/12/22 | For Sale | $141,900 | 0.0% | $167 / Sq Ft |
| 02/04/2022 02/04/22 | Price Changed | $141,900 | -0.7% | $167 / Sq Ft |
| 02/01/2022 02/01/22 | For Sale | $142,900 | +159.8% | $168 / Sq Ft |
| 05/14/2021 05/14/21 | Sold | $55,000 | -14.7% | $65 / Sq Ft |
| 05/12/2021 05/12/21 | Pending | -- | -- | -- |
| 04/21/2021 04/21/21 | For Sale | $64,500 | -- | $76 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $1,896 | $106,800 | $26,000 | $80,800 |
| 2023 | $1,420 | $106,800 | $26,000 | $80,800 |
| 2022 | $1,840 | $69,100 | $22,300 | $46,800 |
| 2021 | $1,560 | $78,700 | $22,300 | $56,400 |
| 2020 | $1,614 | $71,100 | $20,000 | $51,100 |
| 2019 | $1,472 | $71,100 | $20,000 | $51,100 |
| 2018 | $1,452 | $63,300 | $17,500 | $45,800 |
| 2017 | $1,346 | $63,300 | $17,500 | $45,800 |
| 2016 | $1,324 | $59,000 | $16,000 | $43,000 |
| 2015 | $1,324 | $59,000 | $16,000 | $43,000 |
| 2014 | $1,304 | $57,800 | $15,400 | $42,400 |
Source: Public Records
Agents Affiliated with this Home
-
Shane Torres
Seller's Agent in 2022
Shane Torres
RE/MAX
(515) 984-0222
5 in this area
645 Total Sales
-
Zack Cregeen
Z
Seller Co-Listing Agent in 2022
Zack Cregeen
RE/MAX
(515) 984-0222
2 in this area
152 Total Sales
-
Misty Darling
Buyer's Agent in 2022
Misty Darling
BH&G Real Estate Innovations
(515) 414-0059
18 in this area
1,887 Total Sales
-
Anthony Schubert
Seller's Agent in 2021
Anthony Schubert
RE/MAX
(515) 729-4858
3 in this area
84 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 627247
APN: 060-03900000000
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