NOT LISTED FOR SALE

2508 E 40th St Des Moines, IA 50317

Sheridan Gardens Neighborhood

Estimated Value: $205,000 - $217,000

4 Beds
2 Baths
996 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 21, 2016

Last sale price $125,000 $126 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,404/month

69 Days on Market

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 2016

4 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.

Last Agent to Sell the Property

Alida JO Anderson

RE/MAX Concepts Listed on: 04/08/2016

RE/MAX Concepts

Last Buyer's Agent

Dominic Formaro

Formaro Realty & Appraisal

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,474

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 139.56
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 125.50
  • Termite: Call Listing Agent
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Hardwood Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Basement Description: Finished
  • Sq Ft Bsmt: 996
  • Sq Ft Fin Bsmt: 850
  • Dining Room: Eat In Kitchen
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 996
  • Total Sq Ft: 996

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Oak

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.2170
  • Lot S F: 9450
  • Lot Shape: Regular
  • Lot Size: 75X126
  • Assessor Parcel Number: 06003980000000
  • Zoning: RES

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: 2474.00
  • Net Taxes: 2474.00

MLS Schools

  • School District: Des Moines Independent

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%
Current Estimated Value
$210,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,020
Avg. Annual Appreciation
5.54%
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
New Conventional

Purchase Details

Closed on
Jun 28, 2004
Sold by
Eckert Katie L and Formaro Katie L
Bought by
Formaro Joseph P
Source: Public Records

Range of Values:

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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

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

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 $2,932 $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

    70 Total Sales

    Alida JO Anderson
    Section Image

  • D

    Buyer's Agent in 2016

    Dominic Formaro

    Formaro Realty & Appraisal

See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 514855

Des Moines Area Association of REALTORS®

APN: 060-03980000000

Iowa Polk County Des Moines 50317 Sheridan Gardens

2508 E 40th St, Des Moines, IA

This home is located at 2508 E 40th St, Des Moines, IA 50317 since 08 April 2016 and is currently estimated at $210,020, approximately $210 per square foot. This property was built in 1951. 2508 E 40th St 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.

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