NOT LISTED FOR SALE

2400 E 40th Ct Des Moines, IA 50317

Sheridan Gardens Neighborhood

Estimated Value: $162,000 - $198,327

4 Beds
2 Baths
1,173 Sq Ft
$161/Sq Ft Est. Value

About This Home

This home is located at 2400 E 40th Ct, Des Moines, IA 50317 and is currently estimated at $188,582, approximately $160 per square foot. 2400 E 40th Ct is a home located in Polk County with nearby schools including Brubaker Elementary School, Hoyt Middle School, and East High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2009
Sold by
Formaro Frank J
Bought by
Formaro Jordan C
Current Estimated Value
$188,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Outstanding Balance
$43,199
Interest Rate
5.29%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Oct 28, 2005
Sold by
Delrosario Marco R and Del Rosario Jordan C
Bought by
Formaro Frank J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,707
Interest Rate
5.83%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 2005
Sold by
Delrosario Marco R and Del Rosario Jordan C
Bought by
Formaro Frank J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,707
Interest Rate
5.83%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 26, 2004
Sold by
Formaro Joseph P
Bought by
Delrosario Marco R and Delrosario Jordan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2004
Sold by
Eckert Katie L and Formaro Katie L
Bought by
Formaro Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,200
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Formaro Jordan C $78,500 None Available
Formaro Frank J $82,500 --
Delrosario Marco R $88,500 --
Formaro Joseph P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Formaro Jordan C $63,000
Previous Owner Formaro Frank J $81,707
Previous Owner Delrosario Marco R $71,200
Source: Public Records

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 $2,840 $154,800 $28,500 $126,300
2023 $2,762 $154,800 $28,500 $126,300
2022 $2,740 $126,100 $24,400 $101,700
2021 $2,626 $126,100 $24,400 $101,700
2020 $2,722 $113,800 $21,900 $91,900
2019 $2,488 $113,800 $21,900 $91,900
2018 $2,458 $101,100 $19,100 $82,000
2017 $2,348 $101,100 $19,100 $82,000
2016 $2,282 $95,300 $17,600 $77,700
2015 $2,282 $95,300 $17,600 $77,700
2014 $2,182 $94,100 $17,000 $77,100
Source: Public Records

Map

Iowa Polk County Des Moines 50317 Sheridan Gardens

2400 E 40th Ct, Des Moines, IA

Homes for Sale in Des Moines, IA

This home is located at 2400 E 40th Ct, Des Moines, IA 50317 and is currently estimated at $188,582, approximately $160 per square foot. 2400 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.

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