NOT LISTED FOR SALE

4211 E 38th St Des Moines, IA 50317

Capitol Heights Neighborhood

Estimated Value: $235,000 - $894,677

18.05 Acres
$23,943 Price per Acre
786,258 Sq Ft Lot

Last Sold October 05, 2022

Last sale price $850,000 $843 Per Sq Ft

Est. 49% decrease in value since last sale

Current estimated payment $2,488/month

42 Days on Market

Highlights

  • 18.05 Acre Lot
  • Bungalow
  • Forced Air Heating and Cooling System
  • No HOA

About This Lot

As of October 2022

Don't miss this one that has a Great Location, 18 acres within the City set up for horses, Country Living with lots of trees, a creek, pond. This very nice well built older home features hardwood floors, large rooms, 3 bedrooms, 9' ceilings in the basement. The outside setup features multiple outbuildings, lots of stalls, tack room, outdoor arena, very nice paddocks with run-ins, lots of pasture and lots of storage and so much more, this is a Must See! If you're interested in Development this has Great access from E 38th St with currently 2 accesses to the land that is suited for Duplexes and Multi family to the East of the property. Don't miss this one, Call Now for Your Private Tour!

Last Agent to Sell the Property

Norman Olson

RE/MAX Concepts Listed on: 06/24/2022

RE/MAX Concepts

Last Buyer's Agent

Seth Walker

RE/MAX Concepts

RE/MAX Concepts

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,874

Year Built

  • Built in 1932

Lot Details

  • 18.05 Acre Lot
  • Irregular Lot
  • Property is zoned AG

Parking

  • Gravel Driveway

Home Design

  • 1,008 Sq Ft Home
  • Bungalow
  • Poured Concrete
  • Asphalt Shingled Roof
  • Metal Siding

Bedrooms and Bathrooms

  • 1 Full Bathroom

Additional Features

  • Stove
  • Forced Air Heating and Cooling System
  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06008986018000

Property Details

Property Type

Land

Est. Annual Taxes

$2,874

Year Built

Built in 1932

Lot Details

18.05 Acres

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: Bungalow
  • Lp Amt Sq Ft: 843.25
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 843.25
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Included Items: Refrigerator, Stove
  • Living Area Sq Ft: 1008
  • Total Sq Ft: 1008

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Gravel

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 18.0500
  • Lot S F: 786257
  • Lot Shape: Irregular
  • Assessor Parcel Number: 06008986018000
  • Zoning: AG

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: 2873.73
  • Net Taxes: 2873.73

MLS Schools

  • School District: Southeast Polk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Oct 5, 2022
Sold by
Urich Robert M
Bought by
Asokarama Arkakka Buddhist Society
Seller's Agent
Norman Olson
RE/MAX Concepts
Buyer's Agent
Seth Walker
RE/MAX Concepts
List Price
$850,000
Sold Price
$850,000
Current Estimated Value
$432,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$417,831
Avg. Annual Appreciation
-17.80%
Original Mortgage
$680,000
Outstanding Balance
$651,191
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
-$219,022
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
Asokarama Arkakka Buddhist Society $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Asokarama Arkakka Buddhist Society $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2022 10/05/22 Sold $850,000 0.0% $843 / Sq Ft
08/05/2022 08/05/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $850,000 -- $843 / Sq Ft
Source: Des Moines Area Association of REALTORS®

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 $2,874 $325,700 $126,900 $198,800
2024 $2,874 $295,500 $113,900 $181,600
2023 $2,874 $295,500 $113,900 $181,600
2022 $2,828 $20,870 $13,170 $7,700
2021 $3,352 $20,870 $13,170 $7,700
2020 $3,276 $19,010 $12,110 $6,900
2019 $3,116 $138,210 $12,110 $126,100
2018 $2,448 $24,710 $16,010 $8,700
2017 $3,590 $27,110 $16,010 $11,100
2016 $3,556 $27,970 $16,370 $11,600
2015 $3,556 $27,970 $16,370 $11,600
2014 $3,774 $147,160 $17,260 $129,900
Source: Public Records

Agents Affiliated with this Home

  • Norman Olson

    Seller's Agent in 2022

    Norman Olson

    RE/MAX

    (515) 401-2613

    1 in this area

    94 Total Sales

    Norman Olson
    Section Image
  • Seth Walker

    Buyer's Agent in 2022

    Seth Walker

    RE/MAX

    (515) 577-3728

    4 in this area

    490 Total Sales

    Seth Walker
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 654860

Des Moines Area Association of REALTORS®

APN: 060-08986018000

Iowa Polk County Des Moines 50317 Capitol Heights

4211 E 38th St, Des Moines, IA

Not Listed for Sale

Lots

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