Seller's Agent in 2020
Seth Walker
RE/MAX
(515) 577-3728
37 in this area
523 Total Sales
4022 40th St Des Moines, IA 50310
Lower Beaver NeighborhoodEstimated Value: $184,000 - $202,000
2
Beds
1
Bath
845
Sq Ft
$229/Sq Ft
Est. Value
Highlights
- Ranch Style House
- Eat-In Kitchen
- Forced Air Heating and Cooling System
- No HOA
About This Home
As of March 2020This home has so much to offer for such an affordable price. The main level features 2 nice sized bedrooms with a full bath in between. The eat in style kitchen has newer appliances all included with the sale. Enjoy relaxing with the family in the large living room. The basement is partially finished and makes for an ideal rec room or hobby area with tons of storage space. The fenced back yard is perfect for kids and dogs to enjoy the spring weather. Check out that large two car detached garage. All this ideally located in one of Des Moines great neighborhoods with easy access to shopping, schools, parks, and more!
Last Buyer's Agent
Jacob Stanton
Redfin Corporation
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,858
Year Built
- Built in 1950
Lot Details
- 7,681 Sq Ft Lot
- Lot Dimensions are 50x135
- Chain Link Fence
- Property is zoned R1-60
Home Design
- 845 Sq Ft Home
- Ranch Style House
- Block Foundation
- Asphalt Shingled Roof
Kitchen
- Eat-In Kitchen
- Stove
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Parking
- 2 Car Detached Garage
- Driveway
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 10011278000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2020
Closed on
Mar 6, 2020
Sold by
Reh Tee and Mo Ku
Bought by
Culp Michael and Culp Sharene
Seller's Agent
Seth Walker
RE/MAX Concepts
Buyer's Agent
Jacob Stanton
Redfin Corporation
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%
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
$53,902
Avg. Annual Appreciation
6.17%
Original Mortgage
$5,000
Outstanding Balance
$4,439
Interest Rate
3.4%
Mortgage Type
Stand Alone Second
Estimated Equity
$189,463
Purchase Details
Listed on
Apr 11, 2019
Closed on
Mar 21, 2019
Sold by
Eight Seas Llc
Bought by
Ku Reh Tee and Ku Mo
Seller's Agent
OUTSIDE AGENT
OTHER
Buyer's Agent
Seth Walker
RE/MAX Concepts
List Price
$138,000
Sold Price
$138,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.59%
Original Mortgage
$131,100
Interest Rate
4.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 17, 2018
Sold by
Couture James
Bought by
Eight Seas Llc
Purchase Details
Closed on
Feb 13, 2008
Sold by
Jpmorgan Chase Bank Na
Bought by
Couture James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,000
Interest Rate
5.51%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 20, 2007
Sold by
Lacey Bobbie Jean
Bought by
Jpmorgan Chase Bank Na
Purchase Details
Closed on
Sep 20, 2004
Sold by
Hasanovic Elvir and Hasanovic Zijada
Bought by
Lacy Bobbie Jean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,900
Interest Rate
8.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 3, 2001
Sold by
Le Vu Q and Pham Nga
Bought by
Hasanovic Elvir and Hasanovic Zijada
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,160
Interest Rate
7.18%
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Culp Michael | $140,000 | None Available | |
| Ku Reh Tee | $138,000 | None Available | |
| Eight Seas Llc | -- | None Available | |
| Eight Seas Llc | -- | None Available | |
| Couture James | $78,000 | Itc | |
| Jpmorgan Chase Bank Na | $131,811 | None Available | |
| Lacy Bobbie Jean | $117,500 | Itc | |
| Hasanovic Elvir | $83,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Culp Michael | $5,000 | |
| Open | Culp Michael | $130,300 | |
| Previous Owner | Ku Reh Tee | $131,100 | |
| Previous Owner | Couture James M | $89,250 | |
| Previous Owner | Couture James | $93,000 | |
| Previous Owner | Lacy Bobbie J | $16,250 | |
| Previous Owner | Lacy Bobbie Jean | $117,900 | |
| Previous Owner | Hasanovic Elvir | $83,160 | |
| Closed | Hasanovic Elvir | $2,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/09/2020 03/09/20 | Sold | $140,000 | -3.4% | $166 / Sq Ft |
| 03/04/2020 03/04/20 | Pending | -- | -- | -- |
| 02/03/2020 02/03/20 | For Sale | $145,000 | +5.1% | $172 / Sq Ft |
| 04/12/2019 04/12/19 | Sold | $138,000 | 0.0% | $163 / Sq Ft |
| 04/12/2019 04/12/19 | Pending | -- | -- | -- |
| 04/11/2019 04/11/19 | For Sale | $138,000 | -- | $163 / 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 | $2,830 | $154,300 | $44,000 | $110,300 |
| 2023 | $2,832 | $154,300 | $44,000 | $110,300 |
| 2022 | $2,808 | $129,000 | $38,000 | $91,000 |
| 2021 | $2,766 | $129,000 | $38,000 | $91,000 |
| 2020 | $2,868 | $119,400 | $34,900 | $84,500 |
| 2019 | $2,886 | $119,400 | $34,900 | $84,500 |
| 2018 | $2,858 | $107,400 | $30,800 | $76,600 |
| 2017 | $2,648 | $107,400 | $30,800 | $76,600 |
| 2016 | $2,580 | $97,900 | $27,600 | $70,300 |
| 2015 | $2,580 | $97,900 | $27,600 | $70,300 |
| 2014 | $2,620 | $98,600 | $27,400 | $71,200 |
Source: Public Records
Agents Affiliated with this Home
-
Seth Walker
-
J
Buyer's Agent in 2020
Jacob Stanton
Redfin Corporation
-
OUTSIDE AGENT
O
Seller's Agent in 2019
OUTSIDE AGENT
OTHER
17 in this area
5,723 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 598387
APN: 100-11278000000
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