NOT LISTED FOR SALE

2701 E 40th St Des Moines, IA 50317

Sheridan Gardens Neighborhood

Estimated Value: $216,494 - $229,000

Studio
2 Baths
1,372 Sq Ft
$161/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2019

Last sale price $140,000 $102 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,468 / mo

1 Day on Market

About This Home

As of July 2019

This home is located at 2701 E 40th St, Des Moines, IA 50317 since 30 July 2019 and is currently estimated at $220,624, approximately $160 per square foot. This property was built in 1961. 2701 E 40th St 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

OUTSIDE AGENT

OTHER Listed on: 07/30/2019

Last Buyer's Agent

Matt Maro

RE/MAX Concepts

RE/MAX Concepts

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,392

Year Built

  • Built in 1961

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 60x125

Interior Spaces

  • 1,372 Sq Ft Home
  • 2-Story Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06007927120000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,392

Year Built

Built in 1961

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 102.04
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 102.04
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area Sq Ft: 1372
  • Total Sq Ft: 1372

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1720
  • Lot S F: 7500
  • Lot Shape: Regular
  • Lot Size: 60X125
  • Assessor Parcel Number: 06007927120000
  • Zoning: R

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: 3392.00
  • Net Taxes: 3392.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2019
Closed on
Jul 29, 2019
Sold by
Hilding Richard and Hilding Robin
Bought by
Hastings Andrew and Hastings Hannah
Seller's Agent
OUTSIDE AGENT
OTHER
Buyer's Agent
Matt Maro
RE/MAX Concepts
List Price
$140,000
Sold Price
$140,000
Current Estimated Value
$220,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,624
Avg. Annual Appreciation
6.94%
Original Mortgage
$137,464
Outstanding Balance
$121,163
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$99,461

Purchase Details

Listed on
Aug 1, 2014
Closed on
Sep 17, 2014
Sold by
Swacker James
Bought by
Hilding Richard and Hilding Robin
Seller's Agent
Brenda Olson
Realty ONE Group Impact
Buyer's Agent
James Ellingson
Coldwell Banker Mid-America
List Price
$115,000
Sold Price
$109,000
Premium/Discount to List
-$6,000
-5.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%

Purchase Details

Closed on
Mar 18, 2014
Sold by
Nelson Bradley A and Nelson Bradley A
Bought by
Swacker James

Purchase Details

Closed on
Jul 24, 2009
Sold by
Kight Todd Alan
Bought by
Nelson Bradley and Kight Cassandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,802
Interest Rate
5.62%

Purchase Details

Closed on
Apr 17, 2008
Sold by
Kight Sharon Luressa
Bought by
Kight Todd Alan

Purchase Details

Closed on
Dec 29, 2005
Sold by
Kight Terry Lee
Bought by
Kight Sharon Luressa
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Hastings Andrew $140,000 None Available
Hilding Richard $109,000 None Available
Swacker James $60,721 None Available
Nelson Bradley $108,500 Itc
Kight Todd Alan -- None Available
Kight Sharon Luressa -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Hastings Andrew $137,464
Previous Owner Nelson Bradley $104,802
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2019 08/02/19 Pending -- -- --
07/31/2019 07/31/19 Sold $140,000 0.0% $102 / Sq Ft
07/30/2019 07/30/19 For Sale $140,000 +28.4% $102 / Sq Ft
09/19/2014 09/19/14 Sold $109,000 -5.2% $79 / Sq Ft View Prior Sale
08/20/2014 08/20/14 Pending -- -- --
08/01/2014 08/01/14 For Sale $115,000 -- $84 / 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 $3,484 $212,200 $40,700 $171,500
2024 $3,484 $187,600 $35,500 $152,100
2023 $3,424 $187,600 $35,500 $152,100
2022 $3,396 $154,200 $29,700 $124,500
2021 $3,366 $154,200 $29,700 $124,500
2020 $3,720 $143,500 $27,500 $116,000
2019 $3,392 $143,500 $27,500 $116,000
2018 $3,358 $126,200 $23,700 $102,500
2017 $3,184 $126,200 $23,700 $102,500
2016 $3,102 $117,700 $21,800 $95,900
2015 $3,102 $117,700 $21,800 $95,900
2014 $3,014 $113,400 $20,600 $92,800
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2019

    OUTSIDE AGENT

    OTHER

    14 in this area

    5,654 Total Sales

    OUTSIDE AGENT
    Section Image
  • Matt Maro

    Buyer's Agent in 2019

    Matt Maro

    RE/MAX

    (515) 779-3469

    4 in this area

    333 Total Sales

    Matt Maro
    Section Image
  • Brenda Olson

    Seller's Agent in 2014

    Brenda Olson

    Realty ONE Group Impact

    (515) 988-7658

    9 in this area

    79 Total Sales

    Brenda Olson
    Section Image

  • J

    Buyer's Agent in 2014

    James Ellingson

    Coldwell Banker Mid-America

See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 588316

Des Moines Area Association of REALTORS®

APN: 060-07927120000

Iowa Polk County Des Moines 50317 Sheridan Gardens

2701 E 40th St, Des Moines, IA

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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