3611 E 40th St Des Moines, IA 50317
Sheridan Gardens Neighborhood
3
Beds
1.5
Baths
1,412
Sq Ft
7,581
Sq Ft Lot
About This Home
As of July 2022Lots of potential in this two story home located on a cul-de-sac. Home needs work but is priced accordingly. No offers will be accepted within first 48 hours During the first 20 days a property is in MLS, only owner occupant offers or those from a public entity or designated partner will be considered. Investor offers will be considered after the 15th day if property is still available. This property is eligible under the Freddie Mac First Look Initiative through 1/8/14. Up to $500 credit for HOW of buyer's choice. Home inspection is for buyers knowledge only. Water will NOT be turned on. Purchaser should utilize alternative means to determine plumbing condition such as an air pressure test.
Home Details
Home Type
- Single Family
Year Built
- Built in 1979
Lot Details
- 7,581 Sq Ft Lot
- Lot Dimensions are 66x114
- Property is zoned R1-60
Parking
- 2 Car Attached Garage
Home Design
- Frame Construction
- Asphalt Shingled Roof
Interior Spaces
- 1,412 Sq Ft Home
- 2-Story Property
- Formal Dining Room
Bedrooms and Bathrooms
- 3 Bedrooms
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 06000869009000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2022
Closed on
Jul 20, 2022
Sold by
Ramirez Madrigal Juan
Bought by
Mway Thein P and Soe Tha B
Seller's Agent
Karla Alaniz
Keller Williams Realty GDM
Buyer's Agent
Cui Dong Davis
Realty ONE Group Impact
List Price
$249,900
Sold Price
$239,900
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,304
Avg. Annual Appreciation
3.45%
Original Mortgage
$215,910
Outstanding Balance
$208,216
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$57,548
Purchase Details
Listed on
Dec 20, 2013
Closed on
Jan 31, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Doyle Properties Llc
Seller's Agent
Seth Walker
RE/MAX Concepts
Buyer's Agent
Nigel Chapman
Guardian Real Estate Group
List Price
$89,900
Sold Price
$80,000
Premium/Discount to List
-$9,900
-11.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.98%
Original Mortgage
$145,000
Interest Rate
4.35%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Oct 31, 2013
Sold by
Bank Of America Na
Bought by
Federal Home Loan Mortgage Corporation
Purchase Details
Closed on
Aug 20, 2013
Sold by
Koeneman Robert R and Koeneman Angela K
Bought by
Bank Of America Na
Purchase Details
Closed on
Jun 20, 2006
Sold by
West David K and West Marcia J
Bought by
Koeneman Robert R and Koeneman Angela K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,540
Interest Rate
6.3%
Mortgage Type
Stand Alone Second
Similar Homes in Des Moines, IA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $240,000 | Hubbard Law Firm Pc | |
| Warranty Deed | $160,000 | Hubbard Law Firm Pc | |
| Special Warranty Deed | $80,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Sheriffs Deed | $130,858 | None Available | |
| Warranty Deed | $132,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $215,910 | New Conventional | |
| Previous Owner | $145,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $26,540 | Stand Alone Second | |
| Previous Owner | $106,160 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/29/2022 07/29/22 | Sold | $239,900 | 0.0% | $170 / Sq Ft |
| 06/23/2022 06/23/22 | Pending | -- | -- | -- |
| 06/17/2022 06/17/22 | Price Changed | $239,900 | -4.0% | $170 / Sq Ft |
| 06/03/2022 06/03/22 | For Sale | $249,900 | +212.4% | $177 / Sq Ft |
| 03/12/2014 03/12/14 | Sold | $80,000 | -11.0% | $57 / Sq Ft |
| 03/07/2014 03/07/14 | Pending | -- | -- | -- |
| 12/20/2013 12/20/13 | For Sale | $89,900 | -- | $64 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $4,890 | $248,600 | $35,600 | $213,000 |
| 2023 | $4,732 | $248,600 | $35,600 | $213,000 |
| 2022 | $4,696 | $200,800 | $29,700 | $171,100 |
| 2021 | $4,662 | $200,800 | $29,700 | $171,100 |
| 2020 | $4,842 | $186,800 | $27,600 | $159,200 |
| 2019 | $4,412 | $186,800 | $27,600 | $159,200 |
| 2018 | $4,368 | $164,200 | $23,800 | $140,400 |
| 2017 | $4,170 | $164,200 | $23,800 | $140,400 |
| 2016 | $4,064 | $154,200 | $21,900 | $132,300 |
| 2015 | $4,064 | $154,200 | $21,900 | $132,300 |
| 2014 | $3,868 | $145,600 | $20,300 | $125,300 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2022
Karla Alaniz
Keller Williams Realty GDM
(515) 897-9027
6 in this area
237 Total Sales
-
Seller Co-Listing Agent in 2022
Junior Ibarra
Keller Williams Realty GDM
(515) 988-3227
22 in this area
881 Total Sales
-
Buyer's Agent in 2022
Cui Dong Davis
Realty ONE Group Impact
(515) 867-0498
2 in this area
135 Total Sales
-
Seller's Agent in 2014
Seth Walker
RE/MAX
(515) 577-3728
4 in this area
522 Total Sales
-
Buyer's Agent in 2014
Nigel Chapman
Guardian Real Estate Group
(515) 321-8094
2 in this area
15 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 428619
APN: 060-00869009000
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