NOT LISTED FOR SALE

2914 E 40th Ct Des Moines, IA 50317

Sheridan Gardens Neighborhood

Estimated Value: $194,000 - $230,332

3 Beds
1.5 Baths
1,071 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $138,000 $129 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,455/month

106 Days on Market

Highlights

  • No HOA
  • Wood Fence
  • 2-minute walk to Sheridan Park
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

Three bedroom, 1.5 bath split level with 1,400sf of finish. HUGE garage with room for 3 vehicles - dream shop potential! A great investment opportunity! This is a short sale and offers are subject to bank approval.

Last Agent to Sell the Property

Natalie St. John

RE/MAX Precision Listed on: 04/19/2022

RE/MAX Precision

Last Buyer's Agent

Natalie St. John

RE/MAX Precision Listed on: 04/19/2022

RE/MAX Precision

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 8,015 Sq Ft Lot
  • Wood Fence
  • Property is zoned N3A

Parking

  • 3 Car Attached Garage

Home Design

  • 1,071 Sq Ft Home
  • Split Level Home
  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06007928023000

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Split Level
  • Lp Amt Sq Ft: 151.96
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 128.85
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Basement Description: Partial Finished
  • Living Area Sq Ft: 1071
  • Total Sq Ft: 1071

Exterior Features

  • Exterior: Vinyl Siding
  • Fence Type: Wood
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Asphalt
  • Garage: 3 Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1840
  • Assessor Parcel Number: 06007928023000
  • 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: 4454.00
  • Net Taxes: 4225.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2022
Closed on
Sep 14, 2022
Sold by
Systematic Investment Partners Llc
Bought by
Singh Investment Partners Llc
Seller's Agent
Natalie St. John
RE/MAX Precision
Buyer's Agent
Natalie St. John
RE/MAX Precision
List Price
$169,900
Sold Price
$138,000
Premium/Discount to List
-$31,900
-18.78%
Current Estimated Value
$218,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,182
Avg. Annual Appreciation
14.37%
Original Mortgage
$116,800
Outstanding Balance
$111,352
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$106,481

Purchase Details

Closed on
Mar 2, 2006
Sold by
Meier Michelle L
Bought by
Braden Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000
Interest Rate
6.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 10, 2004
Sold by
Guenther Harriette J and Natoli Valerie
Bought by
Meier Michelle L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
7.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 1998
Sold by
Guenther Harriette J
Bought by
Guenther Harriette J and Natoli Valerie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.88%

Purchase Details

Closed on
May 14, 1998
Sold by
Acri Wendy Jo
Bought by
Guenther Harriette J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.88%
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
Singh Investment Partners Llc $146,000 --
Braden Justin $144,500 None Available
Meier Michelle L $144,500 --
Guenther Harriette J -- --
Guenther Harriette J $84,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Investment Partners Llc $116,800
Previous Owner Braden Justin $3,000
Previous Owner Braden Justin $140,650
Previous Owner Meier Michelle L $130,500
Previous Owner Guenther Harriette J $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2022 08/22/22 Sold $138,000 -15.2% $129 / Sq Ft
08/03/2022 08/03/22 Pending -- -- --
07/18/2022 07/18/22 Price Changed $162,750 -4.2% $152 / Sq Ft
07/18/2022 07/18/22 For Sale $169,900 0.0% $159 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
04/19/2022 04/19/22 For Sale $169,900 -- $159 / 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
2025 $3,764 $215,700 $41,200 $174,500
2024 $3,764 $191,300 $36,000 $155,300
2023 $3,910 $191,300 $36,000 $155,300
2022 $3,878 $174,800 $30,000 $144,800
2021 $3,836 $174,800 $30,000 $144,800
2020 $3,980 $162,300 $27,800 $134,500
2019 $3,590 $162,300 $27,800 $134,500
2018 $3,548 $142,100 $24,000 $118,100
2017 $3,346 $142,100 $24,000 $118,100
2016 $3,254 $132,200 $22,100 $110,100
2015 $3,254 $132,200 $22,100 $110,100
2014 $3,042 $127,700 $20,800 $106,900
Source: Public Records

Agents Affiliated with this Home

  • Natalie St. John

    Seller's Agent in 2022

    Natalie St. John

    RE/MAX

    (319) 269-4818

    3 in this area

    93 Total Sales

    Natalie St. John
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 650059

Des Moines Area Association of REALTORS®

APN: 060-07928023000

Iowa Polk County Des Moines 50317 Sheridan Gardens

2914 E 40th Ct, Des Moines, IA

Not Listed for Sale

Detached

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