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3840 Fagen Drive

3840 Fagen Drive, Des Moines, IA 50310
Property in Beaverdale
Sold Jun 03, 2021
$205,000
$198,850 by Gershman Investment Corp
Mortgage Due Jul 01, 2051
Sold Jan 19, 2021
$90,000
Buyer
Seller
$108,800 by Raccoon Valley Bank
Mortgage
3840 Fagen Drive has been categorized by the local assessors in Des Moines, IA as a residential type of property. The building on the property was first built in 1941 and is 83 years old. However, we must point out that the home was most recently renovated and altered in 2021. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3840 Fagen Drive has 924 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,450 ft and across the front of the lot is 660 ft. The area measurement of the land has been determined as 9,570 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 560 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of metal. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. 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, 3840 Fagen Drive was last sold in Jun 1, 2021 for $205,000. According to our calculations, that's $110.93 per sqft. Prior to that sales transaction, the property was sold for $90,000 in Jan 15, 2021. Current property owners are expected to pay $1,912 in taxes per year. The property on 3840 Fagen Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $207,900. To break that down further, the land itself was valued at $58,700. While improvements to the property were assessed at a total of $149,200. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Parking

Detached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Metal
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 924
  • Garage Type: Garage
  • Garage Square Area: 560
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,570
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 660
  • Total Building Area: 1,848
  • Gross Building Area: 1,848
  • Building Area: 924
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 924
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: LOCKHART PARK REPLAT
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 18 LOCKHART PARK REPLAT

Ownership

  • Current Owner : LAMBERT MELANIE
  • Current Owner 2: GORDON JUSTICE
  • Previous Owner : CAM 2021 LLC
  • Owner Before Previous Owner: JOHN DAVID L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Des Moines Independent Community School District
  • Census Tract: 000703

Geography

  • Assessors Map Reference: 0214
  • District: 100
  • Parcel: 100/08634-000-000
  • Lot: 18
  • Municipality: CITY OF DES MOINES
  • Latitude: 41.6207
  • Longitude: -93.6694

    Address

  • Full Address: 3840 Fagen Dr
  • Address - House Number: 3840
  • Address - Street Name: Fagen
  • Address - Suffix Type: Dr
  • State: IA
  • City Name: Des Moines
  • Carrier Code: C023
  • 4-Digit Zip Code: 4042
  • Zip Code: 50310

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,912

    Appraisal Valuation

  • Standard Deviation: 0.1894
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 75
  • Final Value: 231,887
  • High Value: 275,810
  • Low Value: 187,963

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $198,850
  • First Open Lien Mortgage Lender: GERSHMAN INVESTMENT CORP
  • First Open Lien Mortgage Recording Date: Jun 03, 2021
  • First Open Lien Mortgage Loan Amount: $198,850
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $207,900
  • Market Land Value: $58,700
  • Market Improvement Value: $149,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $207,900
  • Assessed Land Value: $58,700
  • Assessed Improvements Value: $149,200

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 2021
  • Current Sale Recording Date: Jun 03, 2021
  • Current Sale Transaction ID: 11837121519
  • Current Sale Price: $205,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-00058169
  • Previous Sale Recording Date: Jan 19, 2021
  • Previous Sale Contract Date: Jan 15, 2021
  • Previous Sale Amount: $90,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GERSHMAN INVESTMENT CORP
  • First Mortgage Transaction Date: Jun 03, 2021
  • First Mortgage Loan Amount: $198,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: RACCOON VALLEY BANK
  • Previous Mortgage Transaction Date: Jan 19, 2021
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $108,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Beaverdale



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Frequently Asked Questions

What neighborhood is 3840 Fagen Drive located in?
The 3840 Fagen Drive is a located in the neighborhood of Beaverdale in Beaverdale, Des Moines.
What is the average sales price for listings in 3840 Fagen Drive?
The average sales price for units in 3840 Fagen Drive is $0 currently.

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