NOT LISTED FOR SALE

4001 40th St Des Moines, IA 50310

Lower Beaver Neighborhood

Estimated Value: $228,000 - $285,000

4 Beds
1.5 Baths
1,008 Sq Ft
$249/Sq Ft Est. Value

Last Sold October 21, 2021

Last sale price $193,500 $192 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,660/month

Highlights

  • Ranch Style House
  • No HOA
  • Family Room
  • Corner Lot
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of October 2021

FSBO. All information obtained from seller and public records.

Last Agent to Sell the Property

Tyler Springer

RE/MAX Precision Listed on: 09/22/2021

RE/MAX Precision

Last Buyer's Agent

Andrew Springer

RE/MAX Precision

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,551

Year Built

  • Built in 1950

Lot Details

  • 8,775 Sq Ft Lot
  • Lot Dimensions are 65x135
  • Wood Fence
  • Corner Lot

Home Design

  • Ranch Style House
  • Block Foundation
  • Wood Siding

Interior Spaces

  • 1,008 Sq Ft Home
  • Family Room
  • Dining Area
  • Dryer
  • Finished Basement

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

Parking

  • 3 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 10011273000000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,551

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 213.29
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 191.96
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Carpeting, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Basement Description: Finished
  • Dining Room: Dining Areas
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Dryer, Refrigerator, Stove
  • Living Area Sq Ft: 1008
  • Total Sq Ft: 1008

Exterior Features

  • Exterior: Wood
  • Fence Type: Wood
  • Foundation: Concrete Block
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage Sq Ft: 616
  • Garage: 3 Attached
  • Garage Parking Stalls: 3

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.2010
  • Lot S F: 8775
  • Lot Shape: Corner Lot
  • Lot Size: 65X135
  • Assessor Parcel Number: 10011273000000
  • 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: 4551.20
  • Net Taxes: 4322.90

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Oct 11, 2021
Sold by
Bognar Nathan
Bought by
Landgrebe Alexander E and Landgrebe Kylie A
Seller's Agent
Tyler Springer
RE/MAX Precision
Buyer's Agent
Andrew Springer
RE/MAX Precision
List Price
$215,000
Sold Price
$193,500
Premium/Discount to List
-$21,500
-10%
Current Estimated Value
$250,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,459
Avg. Annual Appreciation
6.68%
Original Mortgage
$193,500
Outstanding Balance
$176,893
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$74,066

Purchase Details

Listed on
Jun 20, 2019
Closed on
Nov 4, 2019
Sold by
Endeavor Rentals Llc
Bought by
Bognar Nathan
Seller's Agent
Logan Bryant
Iowa Realty Waukee
Buyer's Agent
Rebecca Hansen
LPT Realty, LLC
List Price
$195,000
Sold Price
$179,900
Premium/Discount to List
-$15,100
-7.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%
Original Mortgage
$143,920
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 29, 2017
Sold by
Flamingo Llc
Bought by
Endeavor Rentals Llc

Purchase Details

Closed on
Jul 26, 2012
Sold by
First Contract Corp
Bought by
Bassman Steven B and Bassman Penny A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 28, 2012
Sold by
First Contract Corp
Bought by
Bassman Steven B and Bassman Penny A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 28, 2012
Sold by
Little Ronda Sue and Kay Lewis Julie Wynne
Bought by
First Contract Corp

Purchase Details

Closed on
Apr 14, 2007
Sold by
Kay Roberta Mae
Bought by
Little Ronda Sue and Kay Lewis Julie Wynne
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
Landgrebe Alexander E $215,000 None Available
Bognar Nathan $180,000 None Available
Endeavor Rentals Llc -- None Available
Bassman Steven B $80,500 None Available
Bassman Steven B $81,000 None Available
First Contract Corp $43,500 Itc
Little Ronda Sue -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Landgrebe Alexander E $193,500
Previous Owner Bognar Nathan $143,920
Previous Owner Bassman Steven B $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2021 10/21/21 Sold $193,500 -10.0% $192 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $215,000 +19.5% $213 / Sq Ft
11/05/2019 11/05/19 Sold $179,900 -7.7% $178 / Sq Ft View Prior Sale
10/06/2019 10/06/19 Pending -- -- --
06/20/2019 06/20/19 For Sale $195,000 -- $193 / 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 $4,082 $228,400 $52,600 $175,800
2024 $4,082 $207,500 $47,100 $160,400
2023 $4,040 $207,500 $47,100 $160,400
2022 $3,800 $171,400 $40,600 $130,800
2021 $3,714 $171,400 $40,600 $130,800
2020 $4,080 $157,400 $37,200 $120,200
2019 $3,176 $157,400 $37,200 $120,200
2018 $3,144 $118,200 $32,900 $85,300
2017 $2,896 $118,200 $32,900 $85,300
2016 $2,822 $107,100 $29,500 $77,600
2015 $2,822 $107,100 $29,500 $77,600
2014 $2,804 $105,500 $28,500 $77,000
Source: Public Records

Agents Affiliated with this Home

  • Tyler Springer

    Seller's Agent in 2021

    Tyler Springer

    RE/MAX

    (515) 577-8366

    7 in this area

    204 Total Sales

    Tyler Springer
    Section Image
  • Andrew Springer

    Buyer's Agent in 2021

    Andrew Springer

    RE/MAX

    (515) 371-9396

    5 in this area

    183 Total Sales

    Andrew Springer
    Section Image

  • L

    Seller's Agent in 2019

    Logan Bryant

    Iowa Realty Waukee

    (515) 453-6700

    19 Total Sales

    Logan Bryant
    Section Image
  • Rebecca Hansen

    Buyer's Agent in 2019

    Rebecca Hansen

    LPT Realty, LLC

    (515) 771-5865

    1 in this area

    89 Total Sales

    Rebecca Hansen
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 640098

Des Moines Area Association of REALTORS®

APN: 100-11273000000

Iowa Polk County Des Moines 50310 Lower Beaver

4001 40th St, Des Moines, IA

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