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3422 East 40th Street

3422 East 40th Street, Des Moines, IA 50317
Property in Sheridan Gardens
Sold Apr 13, 2016
$15,000
$159,953 by Us Bank Na
Mortgage Due May 01, 2047
Sold Apr 16, 2003
$121,500
$102,200 by Abn Amro Mortgage Group Inc
Mortgage Due May 01, 2033
3422 East 40th Street in Des Moines, IA was first built in 1978 and is 46 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a colonial style. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 3422 East 40th Street has 1,372 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 620 ft and the linear feet between the front and back of the lot is 1,220. In total, the area measurement of the land is 7,564 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable style roof made of asphalt. Water for the property is sourced from a municipal system. The property is connected to a sewer system. For those who need parking, there is a garage. The garage is 484 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as unknown. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3422 East 40th Street was last sold in Jan 24, 2016 for $15,000. According to our calculations, that's $7.34 per sqft. Prior to that sales transaction, the property was sold for $121,500 in Apr 14, 2003. Current property owners are expected to pay $4,352 in taxes per year. The property on 3422 East 40th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $241,200. To break that down further, the land itself was valued at $35,600. While improvements to the property were assessed at a total of $205,600. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Building Style: Colonial
  • Exterior Walls Type: Masonry
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 672
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,564
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 620
  • Total Building Area: 2,044
  • Gross Building Area: 2,044
  • Building Area: 1,372
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,372
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CHRISTY LEA MANOR PLAT 2
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 30 CHRISTY LEA MANOR PLAT 2

Ownership

  • Current Owner : US BANK NATIONAL ASSOCIATION
  • Previous Owner : KOROCK LORI J
  • Previous Owner 2: KOROCK ROBERT R
  • Owner Before Previous Owner: CAREY ROGER D
  • Owner Before Previous Owner 2: CAREY PATRICIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Des Moines Independent Community School District
  • Census Tract: 000102

Geography

  • Assessors Map Reference: 0906
  • District: 060
  • Parcel: 060/00868-080-000
  • Lot: 30
  • Municipality: CITY OF DES MOINES
  • Latitude: 41.627
  • Longitude: -93.5367

    Address

  • Full Address: 3422 E 40th St
  • Address - House Number: 3422
  • Street Direction: E
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: IA
  • City Name: Des Moines
  • Carrier Code: C060
  • 4-Digit Zip Code: 5508
  • Zip Code: 50317

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,352

    Appraisal Valuation

  • Standard Deviation: 0.2053
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 72
  • Final Value: 252,516
  • High Value: 304,383
  • Low Value: 200,650

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $209,953
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Apr 11, 2017
  • First Open Lien Mortgage Loan Amount: $159,953
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2047
  • Second Open Lien Mortgage Lender: AFFINITY FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Jul 18, 2023
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $241,200
  • Market Land Value: $35,600
  • Market Improvement Value: $205,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $241,200
  • Assessed Land Value: $35,600
  • Assessed Improvements Value: $205,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 24, 2016
  • Current Sale Recording Date: Apr 13, 2016
  • Current Sale Transaction ID: 1923903319
  • Current Sale Price: $15,000
  • Current Sale Document Type: Deed in Lieu of Foreclosure
  • Current Sale Input Document Number: 2015-00191113
  • Previous Sale Recording Date: Apr 16, 2003
  • Previous Sale Contract Date: Apr 14, 2003
  • Previous Sale Amount: $121,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: ABN AMRO MORTGAGE GROUP INC
  • Previous Mortgage Transaction Date: Apr 16, 2003
  • Previous Mortgage Loan Amount: $102,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 01, 2033

About Sheridan Gardens



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Frequently Asked Questions

What neighborhood is 3422 East 40th Street located in?
The 3422 East 40th Street is a located in the neighborhood of Sheridan Gardens in Sheridan Gardens, Des Moines.
What is the average sales price for listings in 3422 East 40th Street?
The average sales price for units in 3422 East 40th Street is $0 currently.

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