Seller's Agent in 2024
Julie Downing
Spire Real Estate
(515) 681-5378
2 in this area
102 Total Sales
2351 E 40th Ct Des Moines, IA 50317
Sheridan Gardens NeighborhoodEstimated Value: $193,000 - $223,658
4
Beds
1
Bath
1,166
Sq Ft
$174/Sq Ft
Est. Value
About This Home
As of October 2024Welcome Home to this charming 4 bedroom home nestled in a quiet neighborhood. This lovely home is filled with upgrades and plenty of space! Newer laminate floors throughout the living room and 3 bedrooms, kitchen has an additional room off the kitchen which - could be used as an additional bedroom, dining area or extra living room area, carpeted 3th bedroom upstairs with a hugh closet. The kitchen features stainless steel appliances and sleek cabinetry, Outside features include a beautiful quiet setting with a partial fenced in backyard, a front porch and a covered patio outback as well as a oversized 2 car garage. Located in a desired neighborhood with mature trees. Don't miss out on this fantastic opportunity to make this your HOME!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,525
Year Built
- Built in 1935
Lot Details
- 6,300 Sq Ft Lot
- Lot Dimensions are 50x126
Home Design
- Brick Foundation
- Asphalt Shingled Roof
Interior Spaces
- 1,166 Sq Ft Home
- 1.5-Story Property
- Unfinished Basement
Kitchen
- Built-In Oven
- Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Parking
- 2 Car Detached Garage
- Driveway
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 06003910000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 28, 2024
Closed on
Oct 5, 2024
Sold by
Hepner Jacob and Hepner Misty
Bought by
Johnson-Stoddard Lacy Marie and Stoddard John
Seller's Agent
Julie Downing
Spire Real Estate
Buyer's Agent
Julie Downing
Spire Real Estate
List Price
$220,000
Sold Price
$196,500
Premium/Discount to List
-$23,500
-10.68%
Views
119
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
$6,415
Avg. Annual Appreciation
3.20%
Original Mortgage
$9,825
Outstanding Balance
$9,712
Interest Rate
6.35%
Estimated Equity
$193,203
Purchase Details
Closed on
Jun 29, 2020
Sold by
Garrnan Michael and Garrnan Krystal
Bought by
Hepner Jacob
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,283
Interest Rate
3.2%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 9, 2019
Sold by
B & G Holdings Llc
Bought by
Garman Michael
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,600
Interest Rate
3.5%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Sep 27, 2017
Sold by
Garman James and Garman Erinn
Bought by
B & G Holdings Llc
Purchase Details
Listed on
Apr 7, 2017
Closed on
Jun 2, 2017
Sold by
Wilmington Savings Fund Society
Bought by
Garman James
Seller's Agent
Glenn Ballard
Silverado Realty
Buyer's Agent
Jake Dagel
Realty ONE Group Impact
List Price
$79,900
Sold Price
$84,000
Premium/Discount to List
$4,100
5.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%
Original Mortgage
$89,250
Interest Rate
4.05%
Mortgage Type
Construction
Purchase Details
Closed on
Jul 26, 2016
Sold by
Sheriff Of Polk County
Bought by
Christiana Trust and Wilmington Savings Fund Society
Purchase Details
Closed on
Jan 29, 2013
Sold by
Rasmussen Nikki Ann
Bought by
Rasmussen James Robert
Purchase Details
Closed on
Apr 25, 2007
Sold by
Lockard Mildred E and Beals Mildred E
Bought by
Rasmussen James R and Rasmussen Nikki A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Johnson-Stoddard Lacy Marie | $196,500 | None Listed On Document | |
| Hepner Jacob | $150,000 | First American Mortgage Sln | |
| Garman Michael | $142,000 | None Available | |
| B & G Holdings Llc | -- | None Available | |
| Garman James | -- | None Available | |
| Christiana Trust | $85,000 | None Available | |
| Rasmussen James Robert | -- | None Available | |
| Rasmussen James R | $99,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Johnson-Stoddard Lacy Marie | $9,825 | |
| Open | Johnson-Stoddard Lacy Marie | $186,675 | |
| Previous Owner | Hepner Jacob | $147,283 | |
| Previous Owner | Garman Michael | $113,600 | |
| Previous Owner | Garman James | $89,250 | |
| Previous Owner | Rasmussen James R | $99,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/07/2024 10/07/24 | Sold | $196,500 | +0.8% | $169 / Sq Ft | |
| 09/11/2024 09/11/24 | Pending | -- | -- | -- | |
| 09/01/2024 09/01/24 | Price Changed | $195,000 | -1.0% | $167 / Sq Ft | |
| 08/21/2024 08/21/24 | Price Changed | $197,000 | -1.5% | $169 / Sq Ft | |
| 07/08/2024 07/08/24 | Price Changed | $199,900 | -1.3% | $171 / Sq Ft | |
| 06/21/2024 06/21/24 | Price Changed | $202,500 | -1.2% | $174 / Sq Ft | |
| 06/03/2024 06/03/24 | Price Changed | $205,000 | -2.4% | $176 / Sq Ft | |
| 05/23/2024 05/23/24 | Price Changed | $210,000 | -1.2% | $180 / Sq Ft | |
| 05/13/2024 05/13/24 | Price Changed | $212,500 | -1.2% | $182 / Sq Ft | |
| 05/08/2024 05/08/24 | Price Changed | $215,000 | -2.3% | $184 / Sq Ft | |
| 04/28/2024 04/28/24 | For Sale | $220,000 | +161.9% | $189 / Sq Ft | |
| 06/16/2017 06/16/17 | Sold | $84,000 | +5.1% | $72 / Sq Ft | View Prior Sale |
| 05/26/2017 05/26/17 | Pending | -- | -- | -- | |
| 04/07/2017 04/07/17 | For Sale | $79,900 | -- | $69 / 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 |
|---|---|---|---|---|
| 2025 | $3,470 | $199,800 | $29,900 | $169,900 |
| 2024 | $3,470 | $176,400 | $26,000 | $150,400 |
| 2023 | $3,360 | $176,400 | $26,000 | $150,400 |
| 2022 | $3,336 | $142,600 | $22,300 | $120,300 |
| 2021 | $3,216 | $142,600 | $22,300 | $120,300 |
| 2020 | $3,342 | $128,900 | $20,000 | $108,900 |
| 2019 | $4,103 | $128,900 | $20,000 | $108,900 |
| 2018 | $2,570 | $114,600 | $17,500 | $97,100 |
| 2017 | $2,218 | $96,600 | $17,500 | $79,100 |
| 2016 | $2,485 | $90,500 | $16,000 | $74,500 |
| 2015 | $2,156 | $90,500 | $16,000 | $74,500 |
| 2014 | $2,122 | $88,600 | $15,400 | $73,200 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Downing
-
G
Seller's Agent in 2017
Glenn Ballard
Silverado Realty
-
J
Buyer's Agent in 2017
Jake Dagel
Realty ONE Group Impact
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 693376
APN: 060-03910000000
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