NOT LISTED FOR SALE

2501 E 40th Ct Des Moines, IA 50317

Sheridan Gardens Neighborhood

Estimated Value: $212,000 - $245,690

3 Beds
1 Bath
1,080 Sq Ft
$211/Sq Ft Est. Value

Sale Details

Date Sold: June 25, 2012

Last sale price $79,900 $74 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $1,522 / mo

48 Days on Market

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Vinyl Flooring
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of June 2012

Outstanding opportunity to own this home for over $46,000 less than assessed value and over $48,000 less than this home sold for five years ago. Rustic three bedroom ranch with laminate flooring, wood beamed vaulted main level, kitchen with appliances, and a one car drive through attached garage and a 42 x 24 detached three car garage. Home needs some light repair but is an excellent value at the price! This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Renovation Mortgage Financing. Visit the HomePath website for additional information.

Last Agent to Sell the Property

Diana Pastor

Country Estates Realty Listed on: 05/08/2012

Last Buyer's Agent

Loretta Hines

Hines Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 9,450 Sq Ft Lot
  • Lot Dimensions are 75 x 126

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • 1 Fireplace
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Garage Spaces | 1 Attached and 3 Detached
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06003913000000

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

9,450 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 74.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 74.00
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Interior Amenities: Laminate Floors, Vinyl Floors
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Dining Room: Eat In Kitchen
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 1080
  • Total Sq Ft: 1080

Exterior Features

  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Pine

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Attached, 3 Detached

Utilities

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

Lot Info

  • Acres: 0.2200
  • Lot S F: 9450
  • Lot Shape: Regular
  • Lot Size: 75 x 126
  • Assessor Parcel Number: 06003913000000
  • Zoning: R

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: 2934.00
  • Net Taxes: 2934.00
  • Assessor Parcel Number: 2501E40THCTPOLKDESMOINE50317

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2012
Closed on
Jun 21, 2012
Sold by
Federal National Mortgage Association
Bought by
Sankey Carmella R and Sankey James
Seller's Agent
Diana Pastor
Country Estates Realty
Buyer's Agent
Loretta Hines
Hines Realty
List Price
$79,900
Sold Price
$79,900
Current Estimated Value
$225,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,893
Avg. Annual Appreciation
7.80%

Purchase Details

Listed on
May 8, 2012
Closed on
May 15, 2012
Sold by
Bank Of America Na
Bought by
Federal National Mortgage Association
Seller's Agent
Diana Pastor
Country Estates Realty
Buyer's Agent
Loretta Hines
Hines Realty
List Price
$79,900
Sold Price
$79,900

Purchase Details

Closed on
Apr 19, 2012
Sold by
Smith M E
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Mar 9, 2010
Sold by
Nielsen Jason
Bought by
Nielsen Family Revocable Trust

Purchase Details

Closed on
Aug 15, 2007
Sold by
Formaro Scott
Bought by
Nielsen Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,500
Interest Rate
6.69%
Mortgage Type
Purchase Money Mortgage
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Sankey Carmella R -- None Available
Federal National Mortgage Association -- None Available
Bac Home Loans Servicing Lp $183,662 None Available
Nielsen Family Revocable Trust -- None Available
Nielsen Jason $128,000 Itc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Nielsen Jason $128,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2012 06/25/12 Sold $79,900 0.0% $74 / Sq Ft
05/26/2012 05/26/12 Pending -- -- --
05/08/2012 05/08/12 For Sale $79,900 -- $74 / Sq Ft
Source: Des Moines Area Association of REALTORS®

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 $3,888 $236,500 $38,700 $197,800
2024 $3,888 $208,100 $33,600 $174,500
2023 $3,806 $208,100 $33,600 $174,500
2022 $3,776 $170,400 $28,800 $141,600
2021 $3,626 $170,400 $28,800 $141,600
2020 $3,762 $153,900 $25,900 $128,000
2019 $3,460 $153,900 $25,900 $128,000
2018 $3,420 $137,300 $22,600 $114,700
2017 $3,234 $137,300 $22,600 $114,700
2016 $3,146 $128,100 $20,700 $107,400
2015 $3,146 $128,100 $20,700 $107,400
2014 $2,988 $125,600 $19,900 $105,700
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Diana Pastor

    Country Estates Realty

    (515) 710-7100

    3 in this area

    45 Total Sales

    Diana Pastor
    Section Image

  • L

    Buyer's Agent in 2012

    Loretta Hines

    Hines Realty

See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 400900

Des Moines Area Association of REALTORS®

APN: 060-03913000000

Iowa Polk County Des Moines 50317 Sheridan Gardens

2501 E 40th Ct, Des Moines, IA

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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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