NOT LISTED FOR SALE

5085 SE 40th St Des Moines, IA 50320

Avon Lake Neighborhood

Estimated Value: $378,000 - $507,088

4.64 Acres
$96,192 Price per Acre
202,206 Sq Ft Lot

Last Sold November 06, 2017

Last sale price $315,000 $182 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,108/month

79 Days on Market

Highlights

  • 4.64 Acre Lot
  • No HOA
  • Central Air
  • Ranch Style House
  • Formal Dining Room
  • Family Room Downstairs

About This Lot

As of November 2017

4.64 acres in Des Moines one mile East of Easter Lake. Carlisle School District. 4 bedroom ranch with 5th non-conforming bedroom. Two, three-car garages, a pond (shared with neighbors), dog run, chicken coop. Bonuses are a sun room, upstairs loft and custom kitchenette downstairs. Additional finished square footage in the basement makes the total sq ft per sellers at 3300. Come see this beautiful in town acreage on paved roads today! Call agent to schedule a showing.

Last Agent to Sell the Property

Brenda Fees

Keller Williams Realty GDM Listed on: 07/17/2017

Last Buyer's Agent

Kate Carlson

Realty ONE Group Impact

Realty ONE Group Impact

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,096

Year Built

  • Built in 1990

Lot Details

  • 4.64 Acre Lot
  • Property is zoned A-1

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,732 Sq Ft Home
  • Family Room Downstairs
  • Formal Dining Room
  • Basement Window Egress
  • Laundry on main level

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Parking

  • 6 Garage Spaces | 3 Attached and 3 Detached
  • Gravel Driveway
  • Shared Driveway

Utilities

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

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 12007007499752

Property Details

Property Type

Land

Est. Annual Taxes

$5,096

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: Ranch
  • Lp Amt Sq Ft: 183.03
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 181.87
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Interior Amenities: 1st Flr Laundry
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • First Floor Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Basement Description: Egress Windows, Partial Finished
  • Sq Ft Bsmt: 1732
  • Dining Room: Formal Dining Rm
  • Family Room: 1st Floor, Lower Level
  • Other Rooms: See Remarks
  • Included Items: Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 1732
  • Total Sq Ft: 1732

Exterior Features

  • Foundation: Concrete Block, Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete, Gravel, Shared
  • Garage: 3 Attached, 3 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Carlisle

Lot Info

  • Acres: 4.6420
  • Lot S F: 202206
  • Assessor Parcel Number: 12007007499752
  • Zoning: A-1

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: 5096.00
  • Net Taxes: 5020.00

MLS Schools

  • School District: Carlisle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2017
Closed on
Nov 3, 2017
Sold by
Smith Reggle C and Smtih Joebe L
Bought by
Rodriguez Vicente L and Rodriguez Maria E Garcia De
Seller's Agent
Brenda Fees
Keller Williams Realty GDM
Buyer's Agent
Kate Carlson
Realty ONE Group Impact
List Price
$339,000
Sold Price
$315,000
Premium/Discount to List
-$24,000
-7.08%
Current Estimated Value
$434,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,801
Avg. Annual Appreciation
4.49%
Original Mortgage
$223,850
Outstanding Balance
$192,775
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$250,307

Purchase Details

Listed on
Jul 17, 2017
Closed on
Nov 1, 2017
Sold by
Schabel Lawrence N and Schabel Rose Ann
Bought by
Smith Reggie C and Smith Joebe L
Seller's Agent
Brenda Fees
Keller Williams Realty GDM
Buyer's Agent
Kate Carlson
Realty ONE Group Impact
List Price
$339,000
Sold Price
$315,000
Premium/Discount to List
-$24,000
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,850
Outstanding Balance
$192,775
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$250,307

Purchase Details

Closed on
Aug 17, 2009
Sold by
Union State Bank
Bought by
Kingston Properties Llc

Purchase Details

Closed on
Mar 12, 2009
Sold by
Dwic Llc
Bought by
Union State Bank

Purchase Details

Closed on
Mar 3, 2006
Sold by
Dwic Llc
Bought by
Smith Reggie C and Smith Joebe L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2006
Sold by
Schabel Lawrence N and Schabel Rose Ann
Bought by
Dwic Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2006
Sold by
Whaley Michael
Bought by
Schabel Lawrence N and Schabel Rose Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2004
Sold by
Whaley Michael
Bought by
Schabel Lawrence N and Schabel Rose Ann
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
Rodriguez Vicente L $315,000 None Available
Smith Reggie C $235,000 None Available
Kingston Properties Llc $242,030 None Available
Union State Bank $260,000 None Available
Smith Reggie C -- None Available
Dwic Llc $249,500 None Available
Schabel Lawrence N -- None Available
Schabel Lawrence N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Vicente L $223,850
Previous Owner Smith Reggie C $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2017 11/06/17 Sold $315,000 -7.1% $182 / Sq Ft
10/04/2017 10/04/17 Pending -- -- --
07/17/2017 07/17/17 For Sale $339,000 -- $196 / 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 $8,732 $412,400 $52,000 $360,400
2023 $8,010 $412,400 $52,000 $360,400
2022 $7,916 $318,900 $43,400 $275,500
2021 $7,440 $318,900 $43,400 $275,500
2020 $7,308 $286,800 $38,900 $247,900
2019 $6,294 $286,800 $38,900 $247,900
2018 $5,172 $238,000 $35,300 $202,700
2017 $5,665 $197,500 $35,300 $162,200
2016 $5,383 $192,900 $36,800 $156,100
2015 $5,020 $192,900 $36,800 $156,100
2014 $5,220 $189,200 $35,800 $153,400
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Brenda Fees

    Keller Williams Realty GDM

  • Kate Carlson

    Buyer's Agent in 2017

    Kate Carlson

    Realty ONE Group Impact

    (515) 313-5054

    2 in this area

    125 Total Sales

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 544161

Des Moines Area Association of REALTORS®

APN: 120-07007499752

Iowa Polk County Des Moines 50320 Avon Lake

5085 SE 40th St, Des Moines, IA

This home is located at 5085 SE 40th St, Des Moines, IA 50320 since 17 July 2017 and is currently estimated at $446,522, approximately $257 per square foot. This property was built in 1990. 5085 SE 40th St is a home located in Polk County with nearby schools including Carlisle Elementary School, Hartford Upper Elementary School, and Carlisle Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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