2508 E 40th St Des Moines, IA 50317
Sheridan Gardens NeighborhoodEstimated Value: $202,000 - $208,000
4
Beds
2
Baths
996
Sq Ft
$205/Sq Ft
Est. Value
Highlights
- Ranch Style House
- No HOA
- Forced Air Heating and Cooling System
- Wood Flooring
- Eat-In Kitchen
- Family Room
About This Home
As of June 20164 bedroom Ranch home with 2 car detached garage. Home has so many new updates. Refinished hardwood floors. New bathroom with full tile bath surround. 3 large bedrooms on the main level. Lower level has a family room/TV room. Master suite to include a huge custom walk in closet with built in shelving and drawers. Large master bathroom with tile walk in shower with rain head shower and glass doors. Home is ready to move in and enjoy.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,474
Year Built
- Built in 1951
Lot Details
- 9,450 Sq Ft Lot
- Lot Dimensions are 75x126
Home Design
- Ranch Style House
- Block Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 996 Sq Ft Home
- Family Room
- Wood Flooring
- Finished Basement
Kitchen
- Eat-In Kitchen
- Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Car Detached Garage
- Driveway
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 06003980000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 8, 2016
Closed on
Jun 20, 2016
Sold by
Formaro Joseph P and Formaro Kayla
Bought by
Herrington Theresa C
Seller's Agent
Alida JO Anderson
RE/MAX Concepts
Buyer's Agent
Dominic Formaro
Formaro Realty & Appraisal
List Price
$139,000
Sold Price
$125,000
Premium/Discount to List
-$14,000
-10.07%
Total Days on Market
69
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
$78,880
Avg. Annual Appreciation
6.54%
Original Mortgage
$112,500
Interest Rate
4.12%
Mortgage Type
Closed End Mortgage
Purchase Details
Closed on
May 3, 2008
Sold by
Formaro Joseph P and Formaro Dominic A
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
$55,000
Interest Rate
5.43%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Jun 28, 2004
Sold by
Eckert Katie L and Formaro Katie L
Bought by
Formaro Joseph P
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 |
|---|---|---|---|
| Herrington Theresa C | $125,000 | None Available | |
| Formaro Joseph P | -- | Itc | |
| Formaro Joseph P | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Herrington Theresa | $107,534 | |
| Closed | Herrington Theresa C | $112,500 | |
| Previous Owner | Formaro Joseph P | $75,001 | |
| Previous Owner | Formaro Joseph P | $55,000 | |
| Previous Owner | Formaro Joseph P | $7,447 | |
| Previous Owner | Formaro Joseph P | $2,135 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/21/2016 06/21/16 | Sold | $125,000 | -10.1% | $126 / Sq Ft |
| 06/16/2016 06/16/16 | Pending | -- | -- | -- |
| 04/08/2016 04/08/16 | For Sale | $139,000 | -- | $140 / 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 | $2,932 | $166,500 | $33,600 | $132,900 |
| 2023 | $3,004 | $166,500 | $33,600 | $132,900 |
| 2022 | $2,978 | $136,300 | $28,800 | $107,500 |
| 2021 | $2,862 | $136,300 | $28,800 | $107,500 |
| 2020 | $2,968 | $123,300 | $25,900 | $97,400 |
| 2019 | $2,728 | $123,300 | $25,900 | $97,400 |
| 2018 | $2,694 | $110,000 | $22,600 | $87,400 |
| 2017 | $2,548 | $110,000 | $22,600 | $87,400 |
| 2016 | $2,476 | $102,700 | $20,700 | $82,000 |
| 2015 | $2,476 | $102,700 | $20,700 | $82,000 |
| 2014 | $2,474 | $101,800 | $20,100 | $81,700 |
Source: Public Records
Agents Affiliated with this Home
-
Alida JO Anderson
Seller's Agent in 2016
Alida JO Anderson
RE/MAX
(515) 681-2704
1 in this area
71 Total Sales
-
D
Buyer's Agent in 2016
Dominic Formaro
Formaro Realty & Appraisal
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 514855
APN: 060-03980000000
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