2505 E 40th St Des Moines, IA 50317
Sheridan Gardens NeighborhoodEstimated Value: $35,995 - $41,000
0.22
Acre
$176,645
Price per Acre
9,450
Sq Ft Lot
About This Lot
As of November 2023Looking for a Level Building Lot with Some Mature Trees in a Developed Neighborhood...here is your opportunity! This Lot should have all city services at the street. Please verify by the city. All information obtained from Seller and public records.
Property Details
Property Type
- Land
Est. Annual Taxes
- $100
Lot Details
- 9,450 Sq Ft Lot
- Lot Dimensions are 75x126
- Level Lot
- Property is zoned N3A
Additional Features
- Electricity Available at Street
- Natural Gas Connected
Listing and Financial Details
- Assessor Parcel Number 06003962000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 5, 2023
Closed on
Nov 8, 2023
Sold by
James J Formaro Revocable Trust
Bought by
Stamoreno Llp
Seller's Agent
Mary Hamilton Ross
RE/MAX Precision
Buyer's Agent
Mary Hamilton Ross
RE/MAX Precision
List Price
$40,000
Sold Price
$35,000
Premium/Discount to List
-$5,000
-12.5%
Total Days on Market
14
Views
15
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
$3,332
Avg. Annual Appreciation
117.29%
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Similar Properties in Des Moines, IA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Stamoreno Llp | $35,000 | None Listed On Document |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/10/2023 11/10/23 | Sold | $35,000 | -12.5% | -- |
| 10/19/2023 10/19/23 | Pending | -- | -- | -- |
| 10/05/2023 10/05/23 | For Sale | $40,000 | -- | -- |
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 | $98 | $5,000 | $5,000 | $0 |
| 2023 | $102 | $5,000 | $5,000 | $0 |
| 2022 | $100 | $4,300 | $4,300 | $0 |
| 2021 | $98 | $4,300 | $4,300 | $0 |
| 2020 | $102 | $3,900 | $3,900 | $0 |
| 2019 | $92 | $3,900 | $3,900 | $0 |
| 2018 | $90 | $3,400 | $3,400 | $0 |
| 2017 | $84 | $3,400 | $3,400 | $0 |
| 2016 | $82 | $3,100 | $3,100 | $0 |
| 2015 | $82 | $3,100 | $3,100 | $0 |
| 2014 | $76 | $3,000 | $3,000 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Hamilton Ross
Seller's Agent in 2023
Mary Hamilton Ross
RE/MAX
(515) 979-7359
6 in this area
77 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 683215
APN: 060-03962000000
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