NOT LISTED FOR SALE

3525 40th St Grinnell, IA 50112

Estimated Value: $192,000 - $240,000

4 Beds
1.5 Baths
1,903 Sq Ft
$116/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $180,000 $95 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,336/month

Highlights

  • Deck
  • Wood Flooring
  • Mud Room
  • Arts and Crafts Architecture
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of May 2021

Acreage close to town. 4 Bedrooms, 1.5 updated bathrooms, hardwood floors, many original built-ins, large dining room, spacious kitchen with many white cabinets and pantry, newer poured concrete basement with bath stub for future finish, additional room with slider to large deck with great views, 24x24 garage, 1.11 gross acres.

Last Agent to Sell the Property

Dave Cummins

Platinum Realty LLC Listed on: 02/24/2021

Platinum Realty LLC

Last Buyer's Agent

OUTSIDE AGENT

OTHER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,838

Year Built

  • Built in 1900

Lot Details

  • 1.11

Home Design

  • Arts and Crafts Architecture
  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,903 Sq Ft Home
  • 1.5-Story Property
  • Wood Burning Fireplace
  • Mud Room
  • Family Room
  • Formal Dining Room
  • Dryer
  • Unfinished Basement

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Central Air
  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Septic Tank

Additional Features

  • Accessible Ramps
  • 1.11 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0800164300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,838

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: 1.5 Story
  • Architecture: Arts & Craft (Craftsman)
  • Lp Amt Sq Ft: 99.79
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 94.59
  • Termite: Call Listing Agent
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Wood
  • Fireplaces: 1
  • Interior Amenities: Carpeting, Hardwood Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • Second Floor Half Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1262
  • Dining Room: Formal Dining Rm
  • Family Room: 1st Floor
  • Other Rooms: Mud Room
  • Handicap Features: Ramp
  • Included Items: Dishwasher, Dryer, Stove
  • Living Area Sq Ft: 1903
  • Total Sq Ft: 1903

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Exterior Storage Shed
  • Foundation: Concrete Block, Poured
  • Roof: Asphalt Shingle
  • Street Feature: Gravel

Garage/Parking

  • Driveway: Gravel
  • Garage Sq Ft: 576
  • Garage: 2 Detached
  • Garage Parking Stalls: 2

Utilities

  • Sewer: Septic
  • Water: Rural
  • Air Conditioner: Central
  • Heat: Propane

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: GrinnellNewburg

Lot Info

  • Acres: 1.1100
  • Lot Shape: Regular
  • Assessor Parcel Number: 0800164300
  • 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: 1837.74
  • Net Taxes: 1716.00
  • Tax Year: 2019

MLS Schools

  • School District: GrinnellNewburg

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
May 13, 2021
Sold by
Mainstream Builders Llc
Bought by
Hunter Maddison H and Rusler Kevin T
Seller's Agent
Dave Cummins
Platinum Realty LLC
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$198,500
Sold Price
$180,000
Premium/Discount to List
-$18,500
-9.32%
Current Estimated Value
$221,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,307
Avg. Annual Appreciation
4.82%
Original Mortgage
$18,000
Outstanding Balance
$7,525
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$213,782

Purchase Details

Listed on
Jul 7, 2015
Closed on
Aug 15, 2015
Sold by
Morrison Keith A and Morrison Kristin L
Bought by
Avitt John and Avitt Cindi
Seller's Agent
Sally Lovig
Grinnell Realty LLC
Buyer's Agent
Sally Lovig
Grinnell Realty LLC
List Price
$149,900
Sold Price
$146,000
Premium/Discount to List
-$3,900
-2.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.72%
Original Mortgage
$109,500
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Hunter Maddison H $180,000 None Available
Avitt John $146,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hunter Maddison H $18,000
Open Hunter Maddison H $162,000
Previous Owner Avitt John $109,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/14/2021 05/14/21 Sold $180,000 -9.3% $95 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
02/24/2021 02/24/21 For Sale $198,500 +36.0% $104 / Sq Ft
08/21/2015 08/21/15 Sold $146,000 -2.6% $77 / Sq Ft
07/29/2015 07/29/15 Pending -- -- --
07/07/2015 07/07/15 For Sale $149,900 -- $79 / 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 $1,950 $182,620 $43,400 $139,220
2023 $2,040 $182,620 $43,400 $139,220
2022 $2,022 $163,230 $34,730 $128,500
2021 $2,022 $153,990 $32,760 $121,230
2020 $1,716 $132,880 $27,300 $105,580
2019 $1,284 $132,880 $27,300 $105,580
2018 $1,254 $100,760 $21,000 $79,760
2017 $1,304 $100,760 $21,000 $79,760
2016 $1,430 $100,760 $21,000 $79,760
2015 $1,430 $100,760 $21,000 $79,760
2014 $1,194 $84,240 $15,870 $68,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 623040

Des Moines Area Association of REALTORS®

APN: 080-0164300