NOT LISTED FOR SALE

2518 E 38th Ct Des Moines, IA 50317

Sheridan Gardens Neighborhood

Estimated Value: $127,000 - $207,000

3 Beds
1 Bath
1,050 Sq Ft
$165/Sq Ft Est. Value

Last Sold November 13, 2012

Last sale price $83,000 $79 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $1,133/month

29 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Dining Area
  • 1 Fireplace

About This Home

As of November 2012

This home is located at 2518 E 38th Ct, Des Moines, IA 50317 since 16 September 2012 and is currently estimated at $172,760, approximately $164 per square foot. This property was built in 1961. 2518 E 38th Ct is a home located in Polk County with nearby schools including Brubaker Elementary School, Hoyt Middle School, and East High School.

Last Agent to Sell the Property

Shane Guely

RE/MAX Concepts Listed on: 09/16/2012

Last Buyer's Agent

Carmen Hocking

RE/MAX Concepts

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 6,300 Sq Ft Lot
  • Property is zoned R1-60

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,050 Sq Ft Home
  • 1 Fireplace
  • Dining Area

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06004124000000

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

6,300 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 81.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 79.00
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Slab
  • Dining Room: Dining Areas
  • Living Area Sq Ft: 1050
  • Total Sq Ft: 1050

Exterior Features

  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete

Utilities

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

Lot Info

  • Acres: 0.1400
  • Qualifier Acres: More or Less
  • Lot S F: 6300
  • Assessor Parcel Number: 06004124000000
  • Zoning: R1-60

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: 2076.00
  • Net Taxes: 2076.00
  • Assessor Parcel Number: 2518E38THCTPOLKDESMOINE50317

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2018
Sold by
Ochoa Maria J Jaquez
Bought by
Jaquez Madhai and Arcos Victor
Current Estimated Value
$172,760

Purchase Details

Closed on
Dec 20, 2017
Sold by
Guely Shane M and Guely Ann M
Bought by
Jaquez Madhai and Arcos Victor

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Outstanding Balance
$74,130
Interest Rate
6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$98,630

Purchase Details

Listed on
Sep 16, 2012
Closed on
Nov 13, 2012
Sold by
Guely Shane M and Guely Ann M
Bought by
Jaquez Madhai and Arcos Victor
Seller's Agent
Shane Guely
RE/MAX Concepts
Buyer's Agent
Carmen Hocking
RE/MAX Concepts
List Price
$85,000
Sold Price
$83,000
Premium/Discount to List
-$2,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%

Purchase Details

Closed on
May 13, 2009
Sold by
Guely Shane M and Guely Ann M
Bought by
Hoffman Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
5.49%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 15, 2005
Sold by
Amc Mortgage Services
Bought by
Guely Shane M and Guely Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 2005
Sold by
Schmerhorn Jim R and Schmerhorn Jim R
Bought by
Ameriquest Mortgage Co

Purchase Details

Closed on
Sep 19, 2002
Sold by
Creative Homes Inc
Bought by
Sparks James P and Sparks Kimberly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,650
Interest Rate
9.99%

Purchase Details

Closed on
Feb 23, 2001
Sold by
Creative Homes Inc
Bought by
Sparks James R and Sparks Kimberly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,175
Interest Rate
11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 25, 2001
Sold by
Foulkes Gary L
Bought by
Creative Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,175
Interest Rate
11%
Mortgage Type
Seller Take Back
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

Date Buyer Sale Price Title Company
Jaquez Madhai -- None Available
Jaquez Madhai $83,000 None Available
Jaquez Madhai $83,000 None Available
Hoffman Maria L $95,000 None Available
Guely Shane M $64,500 --
Ameriquest Mortgage Co $81,000 None Available
Sparks James P $77,000 --
Sparks James R $77,500 --
Creative Homes Inc $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jaquez Madhai $84,000
Previous Owner Hoffman Maria L $87,000
Previous Owner Guely Shane M $77,000
Previous Owner Sparks James P $92,650
Previous Owner Sparks James R $75,175
Previous Owner Creative Homes Inc $66,565
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2012 11/13/12 Sold $83,000 -2.4% $79 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
09/16/2012 09/16/12 For Sale $85,000 -- $81 / 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 $2,824 $163,400 $29,900 $133,500
2024 $2,824 $143,600 $26,000 $117,600
2023 $2,878 $143,600 $26,000 $117,600
2022 $2,856 $122,100 $22,300 $99,800
2021 $2,744 $122,100 $22,300 $99,800
2020 $2,852 $110,000 $20,000 $90,000
2019 $2,632 $110,000 $20,000 $90,000
2018 $2,372 $97,900 $17,500 $80,400
2017 $2,234 $97,900 $17,500 $80,400
2016 $2,170 $91,100 $16,000 $75,100
2015 $2,170 $91,100 $16,000 $75,100
2014 $2,102 $87,800 $15,200 $72,600
Source: Public Records

Agents Affiliated with this Home

  • Shane Guely

    Seller's Agent in 2012

    Shane Guely

    RE/MAX

    (515) 961-6720

    1 in this area

    165 Total Sales

    Shane Guely
    Section Image

  • C

    Buyer's Agent in 2012

    Carmen Hocking

    RE/MAX

See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 406806

Des Moines Area Association of REALTORS®

APN: 060-04124000000

Iowa Polk County Des Moines 50317 Sheridan Gardens

2518 E 38th Ct, Des Moines, IA

Not Listed for Sale

Detached

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