$141,080
SOLD MAR 17, 2025

2324 E 40th Ct Des Moines, IA 50317

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

Recently Sold

$196 Per Sq Ft

5% Below List Price

9 Days on Market

Highlights

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

About This Home

As of March 2025

Cute, move in ready, 2 bedroom home in a great neighborhood! This home has a new kitchen and bath, new roof and furnace! Large covered patio overlooks the fenced back yard and 1 car detached garage. This is a quiet pocket on the NE side of Des Moines close to bike trails and all of the shopping/restaurants in Altoona/Pleasant Hill, also a quick jaunt to downtown. There is a lot of value in this area with a great home at an affordable price you can't go wrong.

Last Agent to Sell the Property

Anthony Schubert

RE/MAX Concepts Listed on: 02/11/2025

RE/MAX Concepts

Last Buyer's Agent

Scott Iler

RE/MAX Precision

RE/MAX Precision

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,920

Year Built

  • Built in 1920

Lot Details

  • 6,300 Sq Ft Lot
  • Lot Dimensions are 50x126

Parking

  • 1 Car Detached Garage

Home Design

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

Interior Spaces

  • 720 Sq Ft Home
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06003942000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,920

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 206.94
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 195.94
  • Termite: Follow Showing Instructions
  • 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: Partial
  • Living Area Sq Ft: 720
  • Total Sq Ft: 720

Exterior Features

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

Garage/Parking

  • Driveway: Asphalt
  • Garage Sq Ft: 280
  • Garage: 1 Detached
  • Garage Parking Stalls: 1

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
  • Lot Size: 50X126
  • Assessor Parcel Number: 06003942000000
  • 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: 1920.00
  • Net Taxes: 1920.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2025
Closed on
Mar 7, 2025
Sold by
Contract Exchange Corporation
Bought by
Lindow Logan D and Lindow Anna J
Seller's Agent
Anthony Schubert
RE/MAX Concepts
Buyer's Agent
Scott Iler
RE/MAX Precision
List Price
$149,000
Sold Price
$141,080
Premium/Discount to List
-$7,920
-5.32%
Views
43
Current Estimated Value
$142,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,675
Avg. Annual Appreciation
1.45%
Original Mortgage
$136,847
Outstanding Balance
$136,040
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$6,715

Purchase Details

Closed on
Oct 31, 2024
Sold by
Richard R Swarthout Living Trust and Swarthout Richard R
Bought by
Contract Exchange Corporation

Purchase Details

Closed on
May 12, 2009
Sold by
Contract Exchange Corporation
Bought by
Swarthout Richard R and Swarthout Mary S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 25, 2009
Sold by
Contract Exchange Corporation
Bought by
Draper Ronald D and Scigliano Stephenie Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 11, 2008
Sold by
Lasalle Bank Na
Bought by
Contract Exchange Corporation

Purchase Details

Closed on
Aug 14, 2008
Sold by
Heithoff Ryan W and Heithoff Jessica A
Bought by
Lasalle Bank Na

Purchase Details

Closed on
Nov 11, 2005
Sold by
Carmichael Shawn and Carmichael Kimberly A
Bought by
Heithoff Ryan W and Heithoff Jessica A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,700
Interest Rate
6.13%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 1, 2002
Sold by
Carmichael Shawn P
Bought by
Burkett Nimrod J

Purchase Details

Closed on
Feb 1, 2000
Sold by
Carmichael Shawn
Bought by
Rhoades Scott A and Rhoades Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
10%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 3, 1999
Sold by
Robinson Kimberly Ann
Bought by
Carmichael Shawn
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 Type Sale Price Title Company
Warranty Deed $141,500 None Listed On Document
Warranty Deed $141,500 None Listed On Document
Warranty Deed $35,000 None Listed On Document
Corporate Deed -- None Available
Land Contract $63,000 None Available
Special Warranty Deed $32,000 None Available
Sheriffs Deed $41,361 None Available
Warranty Deed $86,500 --
Contract Of Sale $67,400 --
Contract Of Sale $65,000 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $136,847 New Conventional
Closed $136,847 New Conventional
Previous Owner $55,000 Seller Take Back
Previous Owner $8,700 Balloon
Previous Owner $73,900 Fannie Mae Freddie Mac
Previous Owner $60,000 Seller Take Back
Closed $0 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/17/2025 03/17/25 Sold $141,080 -5.3% $196 / Sq Ft
02/20/2025 02/20/25 Pending -- -- --
02/11/2025 02/11/25 For Sale $149,000 -- $207 / 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 $1,920 $97,100 $29,900 $67,200
2024 $1,920 $108,100 $26,000 $82,100
2023 $1,886 $108,100 $26,000 $82,100
2022 $1,870 $88,900 $22,300 $66,600
2021 $1,772 $88,900 $22,300 $66,600
2020 $1,836 $79,600 $20,000 $59,600
2019 $1,666 $79,600 $20,000 $59,600
2018 $1,644 $70,500 $17,500 $53,000
2017 $1,522 $70,500 $17,500 $53,000
2016 $1,478 $64,800 $16,000 $48,800
2015 $1,478 $64,800 $16,000 $48,800
2014 $1,456 $63,500 $15,500 $48,000
Source: Public Records

Agents Affiliated with this Home

  • Anthony Schubert

    Seller's Agent in 2025

    Anthony Schubert

    RE/MAX

    (515) 729-4858

    4 in this area

    80 Total Sales

    Anthony Schubert
    Section Image

  • S

    Buyer's Agent in 2025

    Scott Iler

    RE/MAX

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 711741

Des Moines Area Association of REALTORS®

APN: 060-03942000000

Iowa Polk County Des Moines 50317 Sheridan Gardens

2324 E 40th Ct, Des Moines, IA

Sold

Detached

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