$27,000
SOLD JAN 20, 2016

2319 E 40th Ct Des Moines, IA 50317

Sheridan Gardens Neighborhood
2 Beds
1 Bath
790 Sq Ft
6,300 Sq Ft Lot

Recently Sold

$34 Per Sq Ft

44% Below List Price

90 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating System

About This Home

As of June 2023

Affordable 2 bedroom starter in NE Des Moines neighborhood. A great Sheridan Park home for the person who wants to build some equity in their home. Great buy!

Last Agent to Sell the Property

Zineta Imamovic

Realty ONE Group Impact Listed on: 10/22/2015

Realty ONE Group Impact

Last Buyer's Agent

Angela Meek

RE/MAX Concepts

RE/MAX Concepts

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 6,300 Sq Ft Lot
  • Lot Dimensions are 50x126
  • Property is zoned R1-60

Home Design

  • 790 Sq Ft Home
  • Bungalow
  • Block Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Additional Features

  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06003902000000

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bungalow
  • Lp Amt Sq Ft: 35.32
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 34.18
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 720
  • Living Area Sq Ft: 790
  • Total Sq Ft: 790

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1450
  • Lot S F: 6300
  • Lot Size: 50X126
  • Assessor Parcel Number: 06003902000000
  • 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: 1183.00
  • Net Taxes: 1183.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2023
Closed on
Jun 21, 2023
Sold by
Jma Homes Llc
Bought by
Ghm Properties Llc
Seller's Agent
OUTSIDE AGENT
OTHER
Buyer's Agent
Marsha Bannister
Homeworks Realty, LLC
List Price
$90,000
Sold Price
$90,000
Current Estimated Value
$105,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,667
Avg. Annual Appreciation
5.70%
Original Mortgage
$442,500
Outstanding Balance
$434,291
Interest Rate
6.35%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$333,291

Purchase Details

Listed on
Oct 22, 2015
Closed on
Feb 10, 2016
Sold by
Jmb Properties Llc
Bought by
Jma Homes Llc
Seller's Agent
Zineta Imamovic
Realty ONE Group Impact
Buyer's Agent
Angela Meek
RE/MAX Concepts
List Price
$47,900
Sold Price
$27,000
Premium/Discount to List
-$20,900
-43.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.59%

Purchase Details

Listed on
Oct 22, 2015
Closed on
Jan 19, 2016
Sold by
Fannie Mae
Bought by
Jmb Properties Llc
Seller's Agent
Zineta Imamovic
Realty ONE Group Impact
Buyer's Agent
Angela Meek
RE/MAX Concepts
List Price
$47,900
Sold Price
$27,000
Premium/Discount to List
-$20,900
-43.63%

Purchase Details

Closed on
Aug 24, 2015
Sold by
Johnson Larry W
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 22, 2013
Sold by
Johnson Larry W
Bought by
Foley Steven

Purchase Details

Closed on
May 27, 1997
Sold by
Mettler Walter Karl
Bought by
Johnson Larry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,800
Interest Rate
8.05%

Purchase Details

Closed on
Apr 22, 1997
Sold by
Mettler Lois

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,800
Interest Rate
8.05%

Purchase Details

Closed on
Apr 8, 1997
Sold by
Lynch Jeanna M and Keesee Michael J
Bought by
Johnson Larry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,800
Interest Rate
8.05%

Purchase Details

Closed on
Apr 7, 1997
Sold by
Mettler Erick W and Mettler Deanna
Bought by
Johnson Larry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,800
Interest Rate
8.05%

Purchase Details

Closed on
Mar 31, 1997
Sold by
Reynolds Robert M and Reynolds Barbara
Bought by
Johnson Larry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,800
Interest Rate
8.05%

Purchase Details

Closed on
Mar 28, 1997
Sold by
Schroeder Lisa M and Stamper Delbert J
Bought by
Johnson Larry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,800
Interest Rate
8.05%

Purchase Details

Closed on
Mar 27, 1997
Sold by
Mettler Lois
Bought by
Mettler Erick W and Mettler Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,800
Interest Rate
8.05%

Purchase Details

Closed on
Mar 24, 1997
Sold by
Johnson Darlene and Johnson Clarence
Bought by
Johnson Larry W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,800
Interest Rate
8.05%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $90,000 None Listed On Document
Quit Claim Deed -- None Available
Special Warranty Deed $27,000 None Available
Foreclosure Deed $41,205 None Available
Land Contract $34,145 None Available
Quit Claim Deed -- --
Warranty Deed -- --
Warranty Deed -- --
Warranty Deed $35,500 --
Deed -- --
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $442,500 Credit Line Revolving
Previous Owner $51,200 Commercial
Previous Owner $28,800 No Value Available
Closed $0 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2023 06/23/23 Sold $90,000 0.0% $124 / Sq Ft
06/22/2023 06/22/23 For Sale $90,000 +233.3% $124 / Sq Ft
01/20/2016 01/20/16 Sold $27,000 -43.6% $34 / Sq Ft
01/20/2016 01/20/16 Pending -- -- --
10/22/2015 10/22/15 For Sale $47,900 -- $61 / 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 $1,450 $73,700 $26,000 $47,700
2023 $1,458 $73,700 $26,000 $47,700
2022 $1,424 $61,900 $22,300 $39,600
2021 $1,358 $60,900 $22,300 $38,600
2020 $1,410 $54,400 $20,000 $34,400
2019 $1,338 $54,400 $20,000 $34,400
2018 $1,324 $49,800 $17,500 $32,300
2017 $1,234 $49,800 $17,500 $32,300
2016 $1,202 $45,600 $16,000 $29,600
2015 $1,202 $45,600 $16,000 $29,600
2014 $1,278 $44,200 $15,400 $28,800
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2023

    OUTSIDE AGENT

    OTHER

    17 in this area

    5,747 Total Sales

    OUTSIDE AGENT
    Section Image
  • Marsha Bannister

    Buyer's Agent in 2023

    Marsha Bannister

    Homeworks Realty, LLC

    (515) 205-8696

    2 in this area

    38 Total Sales

    Marsha Bannister
    Section Image
  • Zineta Imamovic

    Seller's Agent in 2016

    Zineta Imamovic

    Realty ONE Group Impact

    (515) 556-6854

    2 in this area

    88 Total Sales

    Zineta Imamovic
    Section Image
  • Angela Meek

    Buyer's Agent in 2016

    Angela Meek

    RE/MAX

    (515) 577-7729

    10 in this area

    233 Total Sales

    Angela Meek
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 506822

Des Moines Area Association of REALTORS®

APN: 060-03902000000

Iowa Polk County Des Moines 50317 Sheridan Gardens

2319 E 40th Ct, Des Moines, IA

This home is located at 2319 E 40th Ct, Des Moines, IA 50317 and is currently priced at $27,000, approximately $34 per square foot. This property was built in 1920. 2319 E 40th Ct 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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