951 40th St Des Moines, IA 50312
Drake NeighborhoodEstimated Value: $288,000 - $342,313
4
Beds
3.5
Baths
1,950
Sq Ft
$162/Sq Ft
Est. Value
Highlights
- Deck
- Mud Room
- Eat-In Kitchen
- Corner Lot
- No HOA
- Tile Flooring
About This Home
As of June 2022Did someone say I need a tremendous heated garage?? With 9’ garage doors and 11’ ceilings and it’s own electrical panel, this garage is a rare find in this area! This home is the most bang for your buck you’ll find With over 2600 sf of living space. 4 bedrooms! Possibly 5. 4 bathrooms! Oversized garage, finished basement with 3/4 bath. Perfect deck off the kitchen perfect for summer! Many updates. If you are in need of more space and want to live within walking distance of Roosevelt HS, Merrill Middle School, DM Art Center and the fabulous Greenwood Park then this is the house for you.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,490
Year Built
- Built in 1911
Lot Details
- 6,400 Sq Ft Lot
- Lot Dimensions are 51x125
- Corner Lot
- Property is zoned N5
Home Design
- Brick Foundation
- Asphalt Shingled Roof
- Wood Siding
Interior Spaces
- 1,950 Sq Ft Home
- 1.5-Story Property
- Mud Room
- Family Room Downstairs
- Finished Basement
Kitchen
- Eat-In Kitchen
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Car Detached Garage
- Driveway
Additional Features
- Deck
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 09000942000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 21, 2022
Closed on
Jun 22, 2022
Sold by
Paul Hovey
Bought by
Newman Signe
Seller's Agent
Kathryn Wheeler
Iowa Realty Beaverdale
Buyer's Agent
Micole Van Walbeek
RE/MAX Concepts
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%
Total Days on Market
29
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
$41,328
Avg. Annual Appreciation
4.86%
Original Mortgage
$265,821
Outstanding Balance
$255,115
Interest Rate
5.3%
Mortgage Type
FHA
Estimated Equity
$61,213
Purchase Details
Closed on
May 18, 2020
Sold by
Hovey Paige
Bought by
Hovey Paul
Purchase Details
Listed on
Nov 17, 2017
Closed on
Dec 21, 2017
Sold by
Proops Jacy F
Bought by
Hovey Paul and Hovey Palge
Seller's Agent
Carrie Webber
Realty ONE Group Impact
Buyer's Agent
Kira Sales
RE/MAX Precision
List Price
$239,000
Sold Price
$234,000
Premium/Discount to List
-$5,000
-2.09%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.14%
Original Mortgage
$134,000
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 9, 2017
Closed on
Mar 2, 2017
Sold by
Deutsche Bank National Trust Company
Bought by
Propps Jacy F
Seller's Agent
Cheryl Rabin
REALHome Services and Solutions, Inc.
Buyer's Agent
Carrie Webber
Realty ONE Group Impact
List Price
$125,100
Sold Price
$116,294
Premium/Discount to List
-$8,806
-7.04%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
171.52%
Original Mortgage
$98,697
Interest Rate
4.75%
Mortgage Type
FHA
Purchase Details
Closed on
May 12, 2016
Sold by
Deutsche Bank National Trust Company and Jorgenson Rebecca
Bought by
Deutsche Bank National Trust Company
Purchase Details
Closed on
Jun 23, 1997
Sold by
Pro Enviromental Abatement Inc
Bought by
Jorgenson Robert and Jorgenson Rebecca
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,923
Interest Rate
8%
Similar Homes in Des Moines, IA
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 |
|---|---|---|---|
| Newman Signe | $275,000 | Simpson Jensen Abels Fischer & | |
| Hovey Paul | -- | None Available | |
| Hovey Paul | $234,000 | None Available | |
| Propps Jacy F | -- | None Available | |
| Deutsche Bank National Trust Company | $159,000 | None Available | |
| Jorgenson Robert | $84,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Newman Signe | $265,821 | |
| Previous Owner | Hovey Paul | $99,500 | |
| Previous Owner | Hovey Paul K | $116,000 | |
| Previous Owner | Hovey Paul | $134,000 | |
| Previous Owner | Propps Jacy | $15,000 | |
| Previous Owner | Propps Jacy F | $98,697 | |
| Previous Owner | Pro Environmental Abatement Inc | $0 | |
| Previous Owner | Jorgenson Robert | $153,000 | |
| Previous Owner | Jorgenson Robert | $100,923 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2022 06/23/22 | Sold | $275,000 | -3.5% | $141 / Sq Ft |
| 05/20/2022 05/20/22 | Pending | -- | -- | -- |
| 05/05/2022 05/05/22 | For Sale | $285,000 | 0.0% | $146 / Sq Ft |
| 04/27/2022 04/27/22 | Pending | -- | -- | -- |
| 04/21/2022 04/21/22 | For Sale | $285,000 | +21.8% | $146 / Sq Ft |
| 12/28/2017 12/28/17 | Sold | $234,000 | -2.1% | $151 / Sq Ft |
| 12/28/2017 12/28/17 | Pending | -- | -- | -- |
| 11/17/2017 11/17/17 | For Sale | $239,000 | +105.5% | $154 / Sq Ft |
| 04/17/2017 04/17/17 | Sold | $116,294 | -7.0% | $75 / Sq Ft |
| 02/21/2017 02/21/17 | Pending | -- | -- | -- |
| 02/09/2017 02/09/17 | For Sale | $125,100 | -- | $81 / 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 | $6,062 | $308,100 | $42,400 | $265,700 |
| 2023 | $6,036 | $308,100 | $42,400 | $265,700 |
| 2022 | $5,780 | $256,100 | $37,300 | $218,800 |
| 2021 | $5,490 | $256,100 | $37,300 | $218,800 |
| 2020 | $5,698 | $228,600 | $33,600 | $195,000 |
| 2019 | $4,310 | $228,600 | $33,600 | $195,000 |
| 2018 | $4,494 | $168,900 | $29,200 | $139,700 |
| 2017 | $4,168 | $168,900 | $29,200 | $139,700 |
| 2016 | $4,060 | $154,100 | $26,600 | $127,500 |
| 2015 | $4,060 | $154,100 | $26,600 | $127,500 |
| 2014 | $3,880 | $151,500 | $25,900 | $125,600 |
Source: Public Records
Agents Affiliated with this Home
-
Kathryn Wheeler
Seller's Agent in 2022
Kathryn Wheeler
Iowa Realty Beaverdale
(515) 710-1399
6 in this area
155 Total Sales
-
Micole Van Walbeek
Buyer's Agent in 2022
Micole Van Walbeek
RE/MAX
(515) 333-8292
9 in this area
254 Total Sales
-
Cheryl Rabin
C
Seller's Agent in 2017
Cheryl Rabin
REALHome Services and Solutions, Inc.
(770) 612-7326
1 in this area
383 Total Sales
-
Carrie Webber
Seller's Agent in 2017
Carrie Webber
Realty ONE Group Impact
(515) 865-5697
1 in this area
52 Total Sales
-
K
Buyer's Agent in 2017
Kira Sales
RE/MAX
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 650227
APN: 090-00942000000
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