2402 E 40th St Des Moines, IA 50317
Sheridan Gardens NeighborhoodEstimated Value: $226,000 - $247,000
3
Beds
2
Baths
1,120
Sq Ft
$213/Sq Ft
Est. Value
Highlights
- New Construction
- Main Floor Primary Bedroom
- Bungalow
- Covered Deck
- No HOA
- Forced Air Heating and Cooling System
About This Home
As of October 2020A new home built by Maddens! 6 year tax abatement! Very functional and open layout with 3 bedrooms and 2 baths. Vaulted ceilings throughout kitchen and living area. The kitchen features beautiful maple cabinets, stainless steel GE appliances, pantry and breakfast bar. Covered front deck, rear 10x12 deck. Basement has stubbed in bathroom and egress window for future finish. High efficient furnace, 50 gallon water heater and central air, helping make this home HERS rated, making energy bills minimal. Wifi enabled thermostat with touch screen. Passive radon mitigation system installed. Radon testing and/or any mitigations to be paid for by the buyer. Seller is licensed agent in the state of Iowa and has interest. Similar to photo. Buy from a builder who takes pride in every home they build.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,072
Year Built
- Built in 2020 | New Construction
Lot Details
- 6,300 Sq Ft Lot
- Lot Dimensions are 50x126
- Partially Fenced Property
- Chain Link Fence
- Property is zoned N3a
Parking
- Driveway
Home Design
- Bungalow
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,120 Sq Ft Home
- Family Room
- Dining Area
- Unfinished Basement
- Basement Window Egress
- Fire and Smoke Detector
Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Outdoor Features
- Covered Deck
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Built by R.M. Madden Construction
Listing and Financial Details
- Assessor Parcel Number 060/03984-000-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 17, 2020
Closed on
Oct 16, 2020
Sold by
R M Madden Construction Inc
Bought by
Flores Gabriela Perez
Seller's Agent
Michael Madden
Madden Realty
Buyer's Agent
Junior Ibarra
Keller Williams Realty GDM
List Price
$190,900
Sold Price
$192,900
Premium/Discount to List
$2,000
1.05%
Total Days on Market
121
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
$45,774
Avg. Annual Appreciation
5.35%
Original Mortgage
$189,405
Outstanding Balance
$170,358
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$74,268
Purchase Details
Closed on
Aug 23, 2019
Sold by
8032 Development Llc
Bought by
R M Madden Construction Inc
Purchase Details
Closed on
May 25, 2018
Sold by
Cram Diana and Cram Dale G
Bought by
Gamm Michael and Gamm Bridget
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
Similar Homes in Des Moines, IA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Flores Gabriela Perez | $193,000 | None Available | |
| R M Madden Construction Inc | $10,000 | None Available | |
| Gamm Michael | $2,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Flores Gabriela Perez | $189,405 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/16/2020 10/16/20 | Sold | $192,900 | +1.0% | $172 / Sq Ft |
| 10/16/2020 10/16/20 | Pending | -- | -- | -- |
| 06/17/2020 06/17/20 | For Sale | $190,900 | -- | $170 / 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 | $1,072 | $97,440 | $22,650 | $74,790 |
| 2023 | $420 | $226,300 | $26,000 | $200,300 |
| 2022 | $418 | $188,700 | $22,300 | $166,400 |
| 2021 | $74 | $188,700 | $22,300 | $166,400 |
| 2020 | $78 | $3,000 | $3,000 | $0 |
| 2019 | $70 | $3,000 | $3,000 | $0 |
| 2018 | $70 | $2,600 | $2,600 | $0 |
| 2017 | $64 | $2,600 | $2,600 | $0 |
| 2016 | $64 | $2,400 | $2,400 | $0 |
| 2015 | $64 | $2,400 | $2,400 | $0 |
| 2014 | $58 | $2,300 | $2,300 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Madden
Seller's Agent in 2020
Michael Madden
Madden Realty
(515) 971-2355
2 in this area
48 Total Sales
-
Junior Ibarra
Buyer's Agent in 2020
Junior Ibarra
Keller Williams Realty GDM
(515) 988-3227
25 in this area
872 Total Sales
-
Rocio Hermosillo
Buyer Co-Listing Agent in 2020
Rocio Hermosillo
EXP Realty, LLC
(515) 657-0766
8 in this area
259 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 607682
APN: 060-03984000000
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