Seller's Agent in 2025
Junior Ibarra
Keller Williams Realty GDM
(515) 417-0624
27 in this area
893 Total Sales
926 40th Place Des Moines, IA 50312
Drake Neighborhood
4
Beds
3
Baths
2,216
Sq Ft
6,350
Sq Ft Lot
Highlights
- Deck
- No HOA
- Tile Flooring
- Mud Room
- Laundry Room
- Forced Air Heating and Cooling System
About This Home
As of October 2025Step into timeless elegance with this beautifully designed two-story home that blends modern comfort with thoughtful functionality. From the moment you arrive, the expansive front porch welcomes you with charm and curb appeal. Inside, you’ll find an open-concept main level featuring a spacious living area anchored by an electric fireplace, seamlessly flowing into the dining room and contemporary kitchen—perfect for entertaining or everyday living. A front bedroom and full bathroom offer convenient guest or multigenerational living, while the stunning primary suite is privately tucked in the back of the home, complete with a luxurious en suite bath and direct access to the mudroom and laundry room. Upstairs, two additional bedrooms share a full bath, accompanied by a cozy nook ideal for a home office, play area, or reading retreat. Enjoy warm evenings on the generous back deck overlooking your backyard oasis, with a two-stall detached garage just steps away. The expansive unfinished basement is already studded and ready for additional bedrooms or bonus space—tailored to your future needs. This home is the perfect blend of style, space, and potential. Welcome home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,448
Year Built
- Built in 2025
Lot Details
- 6,350 Sq Ft Lot
- Lot Dimensions are 50x127
- Property is zoned N5
Home Design
- Asphalt Shingled Roof
- Cement Board or Planked
Interior Spaces
- 2,216 Sq Ft Home
- 2-Story Property
- Electric Fireplace
- Mud Room
- Family Room
- Dining Area
- Unfinished Basement
- Basement Window Egress
- Fire and Smoke Detector
Kitchen
- Stove
- Dishwasher
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
Laundry
- Laundry Room
- Laundry on main level
Parking
- 2 Car Detached Garage
- Driveway
Additional Features
- Deck
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- Built by Cutler Construction
Listing and Financial Details
- Assessor Parcel Number 00906-000-000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2025
Closed on
Oct 9, 2025
Sold by
Cutler Construction Company and Capital Homes Ii
Bought by
Nayima Nicole and Hillman Eric K
Seller's Agent
Chinda Khamboun
Keller Williams Realty GDM
Buyer's Agent
Gina Swanson
Century 21 Signature
List Price
$595,600
Sold Price
$595,600
Views
90
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-92.39%
Original Mortgage
$565,820
Outstanding Balance
$565,820
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
-$55,487
Purchase Details
Listed on
Jan 3, 2025
Closed on
Mar 10, 2025
Sold by
City Of Des Moines Iowa
Bought by
Cutler Construction Company and Capital Homes Ii Llc
Seller's Agent
Junior Ibarra
Keller Williams Realty GDM
Buyer's Agent
Junior Ibarra
Keller Williams Realty GDM
List Price
$90,000
Sold Price
$90,000
Views
4
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1280.00%
Original Mortgage
$90,000
Interest Rate
6.85%
Mortgage Type
Construction
Purchase Details
Listed on
Jan 3, 2025
Closed on
Jan 23, 2025
Sold by
Drj Investments Llc
Bought by
Cutler Construction Company and Capital Homes Ii
Seller's Agent
Junior Ibarra
Keller Williams Realty GDM
Buyer's Agent
Junior Ibarra
Keller Williams Realty GDM
List Price
$90,000
Sold Price
$90,000
Views
4
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.85%
Mortgage Type
Construction
Purchase Details
Closed on
Sep 23, 2024
Sold by
Ratashak Jeffrey P and Ratashak Megan K
Bought by
Drj Investments Llc
Purchase Details
Listed on
Aug 8, 2023
Closed on
Aug 25, 2023
Sold by
Scott Carole Ann
Bought by
Ratashak Jeffrey P and Ratashak Megan K
Seller's Agent
Dawn Edwards
Realty ONE Group Impact
Buyer's Agent
Dawn Edwards
Realty ONE Group Impact
List Price
$50,000
Sold Price
$50,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
190.26%
Original Mortgage
$112,500
Interest Rate
6.81%
Mortgage Type
Credit Line Revolving
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 | $596,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $90,000 | None Listed On Document | |
| Warranty Deed | $90,000 | None Listed On Document | |
| Warranty Deed | $57,500 | None Listed On Document | |
| Fiduciary Deed | $50,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $565,820 | New Conventional | |
| Previous Owner | $90,000 | Construction | |
| Previous Owner | $112,500 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/14/2025 10/14/25 | Sold | $595,600 | 0.0% | $269 / Sq Ft | |
| 08/29/2025 08/29/25 | Pending | -- | -- | -- | |
| 07/29/2025 07/29/25 | For Sale | $595,600 | +561.8% | $269 / Sq Ft | |
| 01/23/2025 01/23/25 | Sold | $90,000 | 0.0% | $113 / Sq Ft | View Prior Sale |
| 01/03/2025 01/03/25 | Pending | -- | -- | -- | |
| 01/03/2025 01/03/25 | For Sale | $90,000 | +80.0% | $113 / Sq Ft | |
| 08/31/2023 08/31/23 | Sold | $50,000 | 0.0% | $63 / Sq Ft | View Prior Sale |
| 08/09/2023 08/09/23 | Pending | -- | -- | -- | |
| 08/08/2023 08/08/23 | For Sale | $50,000 | -- | $63 / 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 |
|---|---|---|---|---|
| 2025 | $1,448 | $55,900 | $46,600 | $9,300 |
| 2024 | $1,448 | $84,100 | $42,100 | $42,000 |
| 2023 | $1,494 | $84,100 | $42,100 | $42,000 |
| 2022 | $1,482 | $72,300 | $37,000 | $35,300 |
| 2021 | $1,404 | $72,300 | $37,000 | $35,300 |
| 2020 | $1,454 | $64,900 | $33,300 | $31,600 |
| 2019 | $1,896 | $64,900 | $33,300 | $31,600 |
| 2018 | $1,872 | $79,100 | $28,900 | $50,200 |
| 2017 | $1,716 | $79,100 | $28,900 | $50,200 |
| 2016 | $1,668 | $72,000 | $26,400 | $45,600 |
| 2015 | $1,668 | $72,000 | $26,400 | $45,600 |
| 2014 | $1,560 | $69,800 | $25,500 | $44,300 |
Source: Public Records
Agents Affiliated with this Home
-
Junior Ibarra
-
Chinda Khamboun
C
Seller's Agent in 2025
Chinda Khamboun
Keller Williams Realty GDM
(515) 608-0224
3 in this area
43 Total Sales
-
Gina Swanson
Buyer's Agent in 2025
Gina Swanson
Century 21 Signature
(515) 418-3154
16 in this area
275 Total Sales
-
Dawn Edwards
Seller's Agent in 2023
Dawn Edwards
Realty ONE Group Impact
(515) 577-0498
1 in this area
311 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 723241
APN: 090-00906000000
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