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522 Southwest 40th Street

522 Southwest 40th Street, Ankeny, IA 50023
Property in Polk
Sold Apr 14, 2020
$299,250
$268,200 by Stearns Lending Llc
Mortgage Due May 01, 2050
Sold Mar 14, 2014
$249,500
$199,600 by Bankers Trust Company Na
Mortgage Due Apr 01, 2044
522 Southwest 40th Street has been categorized by the local assessors in Ankeny, IA as a residential type of property. The building on the property was first built in 2013 and is 11 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 522 Southwest 40th Street has 2,316 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 894 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 9,523 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional 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 attached garage for those who require parking. The garage measured 900 sqft. According to our sources, there are a total of 4 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. 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. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. The building on the property is connected to a sewer system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 522 Southwest 40th Street sold most recently in Mar 4, 2020 for a total of $299,250. If you work out the math, that's approximately a cost of $82.89 per sqft. Before that, the property was also sold for $249,500 in Mar 3, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,794 in taxes each year. 522 Southwest 40th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $351,900. If we break it down further, the land itself was valued at $74,500. Improvements to the property, however, were assessed at a total of $277,400. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 894
  • Garage Type: Attached
  • Garage Square Area: 900
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 9,523
  • Total Building Area: 3,610
  • Gross Building Area: 3,610
  • Building Area: 2,316
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,316
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SIENNA FALLS PLAT 1
  • Land Acres: 0.219
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 6 SIENNA FALLS PLAT 1

Ownership

  • Current Owner : BYERS MARLA
  • Current Owner 2: BYERS SCOTT
  • Previous Owner : SCHROEDER JASON
  • Previous Owner 2: SCHROEDER KATHARINE
  • Owner Before Previous Owner: CSI HOMES & DEVELOPMENT LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Ankeny Community School District
  • Census Tract: 010214

Geography

  • Assessors Map Reference: 0962
  • District: 181
  • Parcel: 181/00554-980-006
  • Lot: 6
  • Municipality: ANKENY
  • Latitude: 41.6947
  • Longitude: -93.6057

    Address

  • Full Address: 522 Sw 40th St
  • Address - House Number: 522
  • Street Direction: SW
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: IA
  • City Name: Ankeny
  • Carrier Code: R015
  • 4-Digit Zip Code: 8416
  • Zip Code: 50023

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,794

    Appraisal Valuation

  • Standard Deviation: 0.1889
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 75
  • Final Value: 372,754
  • High Value: 443,183
  • Low Value: 302,324

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $268,200
  • First Open Lien Mortgage Lender: STEARNS LENDING LLC
  • First Open Lien Mortgage Recording Date: Apr 14, 2020
  • First Open Lien Mortgage Loan Amount: $268,200
  • 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, 2050

    Market Valuation

  • Market Total Value: $351,900
  • Market Land Value: $74,500
  • Market Improvement Value: $277,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $351,900
  • Assessed Land Value: $74,500
  • Assessed Improvements Value: $277,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 04, 2020
  • Current Sale Recording Date: Apr 14, 2020
  • Current Sale Transaction ID: 11754570393
  • Current Sale Price: $299,250
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-00086633
  • Previous Sale Recording Date: Mar 14, 2014
  • Previous Sale Contract Date: Mar 03, 2014
  • Previous Sale Amount: $249,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STEARNS LENDING LLC
  • First Mortgage Transaction Date: Apr 14, 2020
  • First Mortgage Loan Amount: $268,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: BANKERS TRUST COMPANY NA
  • Previous Mortgage Transaction Date: Mar 14, 2014
  • Previous Mortgage Loan Amount: $199,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2044

About Ankeny



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Frequently Asked Questions

What neighborhood is 522 Southwest 40th Street located in?
The 522 Southwest 40th Street is a located in the neighborhood of Polk in Ankeny, Ankeny.
What is the average sales price for listings in 522 Southwest 40th Street?
The average sales price for units in 522 Southwest 40th Street is $0 currently.

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