NOT LISTED FOR SALE

Estimated Value: $230,000 - $245,000

3 Beds
1.5 Baths
1,088 Sq Ft
$220/Sq Ft Est. Value

Last Sold March 11, 2022

Last sale price $218,000 $200 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,600/month

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Family Room
  • No HOA
  • Forced Air Heating System
  • 2-minute walk to Sheridan Park

About This Home

As of March 2022

This home is located at 2801 E 40th St, Des Moines, IA 50317 since 04 January 2022 and is currently estimated at $239,439, approximately $220 per square foot. This property was built in 1960. 2801 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

Brett Corrigan

RE/MAX Revolution Listed on: 01/04/2022

RE/MAX Revolution

Co-Listed By

Stacey Carpenter

RE/MAX Revolution

Last Buyer's Agent

Brett Corrigan

RE/MAX Revolution Listed on: 01/04/2022

RE/MAX Revolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,568

Year Built

  • Built in 1960

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 60x125
  • Property is zoned N3A

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1,088 Sq Ft Home
  • Family Room
  • Dryer
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06007927114000

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,568

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 200.37
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 200.37
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1088
  • Dining Room: Eat In Kitchen
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 1088
  • Total Sq Ft: 1088

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Trim: Mahogany

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached

Utilities

  • Sewer: City
  • Water: City
  • Heat: Electric Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1720
  • Lot S F: 7500
  • Lot Shape: Regular
  • Lot Size: 60X125
  • Assessor Parcel Number: 06007927114000
  • Zoning: N3A

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: 3568.00
  • Net Taxes: 3568.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2022
Closed on
Mar 10, 2022
Sold by
Edward Smith Mark
Bought by
Hamilton Thomas Joseph
Seller's Agent
Brett Corrigan
RE/MAX Revolution
Buyer's Agent
Brett Corrigan
RE/MAX Revolution
List Price
$218,000
Sold Price
$218,000
Current Estimated Value
$239,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,439
Avg. Annual Appreciation
2.64%
Original Mortgage
$207,100
Outstanding Balance
$195,217
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$43,878

Purchase Details

Listed on
Feb 15, 2018
Closed on
Mar 15, 2018
Sold by
Hull Carolyn R and Hull Barry D
Bought by
Smith Mark Edward
Seller's Agent
Angela Meek
RE/MAX Concepts
Buyer's Agent
Stacey Carpenter
RE/MAX Revolution
List Price
$145,000
Sold Price
$145,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.76%
Original Mortgage
$116,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2013
Sold by
Hull Carolyn R
Bought by
Hull Carolyn R and Hull Barry D
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
Hamilton Thomas Joseph $218,000 None Listed On Document
Smith Mark Edward $145,000 None Available
Hull Carolyn R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hamilton Thomas Joseph $207,100
Previous Owner Smith Mark Edward $112,500
Previous Owner Smith Mark Edward $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Pending -- -- --
03/11/2022 03/11/22 Sold $218,000 0.0% $200 / Sq Ft
01/04/2022 01/04/22 For Sale $218,000 +50.3% $200 / Sq Ft
03/16/2018 03/16/18 Sold $145,000 0.0% $133 / Sq Ft
03/16/2018 03/16/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $145,000 -- $133 / 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 $4,022 $204,400 $35,500 $168,900
2023 $3,848 $204,400 $35,500 $168,900
2022 $3,610 $163,300 $29,700 $133,600
2021 $3,568 $163,300 $29,700 $133,600
2020 $3,702 $151,600 $27,500 $124,100
2019 $3,362 $151,600 $27,500 $124,100
2018 $3,234 $133,600 $23,700 $109,900
2017 $3,044 $133,600 $23,700 $109,900
2016 $2,938 $124,300 $21,800 $102,500
2015 $2,938 $124,300 $21,800 $102,500
2014 $2,758 $120,000 $20,600 $99,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 644305

Des Moines Area Association of REALTORS®

APN: 060-07927114000