NOT LISTED FOR SALE

2505 E 40th Ct Des Moines, IA 50317

Sheridan Gardens Neighborhood

Estimated Value: $130,000 - $152,871

2 Beds
1 Bath
842 Sq Ft
$167/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $118,500 $141 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $947/month

18 Days on Market

About This Home

As of May 2022

Cute 2 bed, 1 bath home (per assessor) with extra space! New floor coverings throughout, new furnace (2022).

Last Agent to Sell the Property

Mitch Coluzzi

Real Broker, LLC Listed on: 03/25/2022

Last Buyer's Agent

Samuel Yoder

RE/MAX Precision

RE/MAX Precision

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,168

Year Built

  • Built in 1947

Lot Details

  • 6,300 Sq Ft Lot
  • Lot Dimensions are 50x126
  • Property is zoned N3A

Home Design

  • 842 Sq Ft Home
  • Raised Ranch Architecture

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06003914000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,168

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch-Raised
  • Lp Amt Sq Ft: 142.40
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 140.74
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Living Area Sq Ft: 842
  • Total Sq Ft: 842

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1450
  • Lot S F: 6300
  • Lot Size: 50X126
  • Assessor Parcel Number: 06003914000000
  • Zoning: N3A

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: 2168.00
  • Net Taxes: 2168.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 11, 2022
Sold by
Sell Now Iowa
Bought by
Alvarez Salvador Nunez and Nunez Brandy L
Seller's Agent
Mitch Coluzzi
Real Broker, LLC
Buyer's Agent
Samuel Yoder
RE/MAX Precision
List Price
$119,900
Sold Price
$118,500
Premium/Discount to List
-$1,400
-1.17%
Current Estimated Value
$140,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,718
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
Mar 4, 2022
Sold by
Crawford Cathy L and Crawford Andrew
Bought by
Sell Now Iowa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,258
Interest Rate
3.69%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alvarez Salvador Nunez $118,500 Hubbard Law Firm Pc
Sell Now Iowa $72,000 Hubbard Law Firm Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sell Now Iowa $71,258
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $118,500 -1.2% $141 / Sq Ft
04/12/2022 04/12/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $119,900 -- $142 / 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
2024 $2,074 $115,900 $26,000 $89,900
2023 $2,072 $115,900 $26,000 $89,900
2022 $2,264 $96,800 $22,300 $74,500
2021 $2,168 $96,800 $22,300 $74,500
2020 $2,252 $86,900 $20,000 $66,900
2019 $2,070 $86,900 $20,000 $66,900
2018 $1,728 $77,000 $17,500 $59,500
2017 $1,626 $77,000 $17,500 $59,500
2016 $1,578 $71,900 $16,000 $55,900
2015 $1,578 $71,900 $16,000 $55,900
2014 $1,482 $70,200 $15,400 $54,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Mitch Coluzzi

    Real Broker, LLC

    (515) 518-1111

    2 in this area

    134 Total Sales

    Mitch Coluzzi
    Section Image
  • Samuel Yoder

    Buyer's Agent in 2022

    Samuel Yoder

    RE/MAX

    (515) 350-6522

    1 in this area

    86 Total Sales

    Samuel Yoder
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 648227

Des Moines Area Association of REALTORS®

APN: 060-03914000000

Iowa Polk County Des Moines 50317 Sheridan Gardens

2505 E 40th Ct, Des Moines, IA

This home is located at 2505 E 40th Ct, Des Moines, IA 50317 since 25 March 2022 and is currently estimated at $140,218, approximately $166 per square foot. This property was built in 1947. 2505 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.

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.

Nearby Homes