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674 40th Street

674 40th Street, Des Moines, IA 50312
Sold Dec 02, 2019
$163,000
$158,110 by Land-home Financial Services
Mortgage Due Dec 01, 2049
Sold Nov 06, 2014
$127,000
$23,550 by Neighborhood Finance Corp
Mortgage Due Dec 01, 2024
674 40th Street in Des Moines, IA was first built in 1910 and is 114 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 unknown style. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 674 40th Street has 1,283 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 500 ft and the linear feet between the front and back of the lot is 1,720. In total, the area measurement of the land is 8,600 square feet.

Learn more about the property and building on this page. There is a unknown and 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 360 sqft. There is one available parking space. 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 average. The exterior walls of the home are made of metal. 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. 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, 674 40th Street sold most recently in Nov 26, 2019 for a total of $163,000. If you work out the math, that's approximately a cost of $79.47 per sqft. Before that, the property was also sold for $127,000 in Nov 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 $3,846 in taxes each year. 674 40th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $188,800. If we break it down further, the land itself was valued at $44,200. Improvements to the property, however, were assessed at a total of $144,600. The property's total market value has been marked the same as the total assessed value which is pretty typical. 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!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.

Building Features

Exterior

Metal Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Unknown
  • Exterior Walls Type: Metal
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 768
  • Garage Type: Garage
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,600
  • Lot Size Depth Feet: 1,720
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,051
  • Gross Building Area: 2,203
  • Building Area: 1,283
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,283
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Yes
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: W L WHITES SUBDIVISION
  • Land Acres: 0.197
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 99 W L WHITES SUB DIV

Ownership

  • Current Owner : CORBIN NICHOLAS KYLE
  • Current Owner 2: FOSTER CHASITY NOEL
  • Previous Owner : DRAGELEVICH KIMBERLY KAY
  • Previous Owner 2: DRAGELEVICH NICHOLAS
  • Owner Before Previous Owner: MONSON ROBERT D
  • Owner Before Previous Owner 2: MONSON CAROLINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Des Moines Independent Community School District
  • Census Tract: 002900

Geography

  • Assessors Map Reference: 0512
  • District: 090
  • Parcel: 090/07527-000-000
  • Lot: 99
  • Municipality: CITY OF DES MOINES
  • Latitude: 41.5893
  • Longitude: -93.6716

    Address

  • Full Address: 674 40th St
  • Address - House Number: 674
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: IA
  • City Name: Des Moines
  • Carrier Code: C095
  • 4-Digit Zip Code: 3312
  • Zip Code: 50312

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,846

    Appraisal Valuation

  • Standard Deviation: 0.1914
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 74
  • Final Value: 230,083
  • High Value: 274,128
  • Low Value: 186,038

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $163,110
  • First Open Lien Mortgage Lender: LAND-HOME FINANCIAL SERVICES
  • First Open Lien Mortgage Recording Date: Dec 02, 2019
  • First Open Lien Mortgage Loan Amount: $158,110
  • 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: Dec 01, 2049
  • Second Open Lien Mortgage Lender: IOWA FINANCE AUTHORITY
  • Second Open Lien Mortgage Recording Date: Dec 02, 2019
  • Second Open Lien Mortgage Loan Amount: $5,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2049

    Market Valuation

  • Market Total Value: $188,800
  • Market Land Value: $44,200
  • Market Improvement Value: $144,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,800
  • Assessed Land Value: $44,200
  • Assessed Improvements Value: $144,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 26, 2019
  • Current Sale Recording Date: Dec 02, 2019
  • Current Sale Transaction ID: 11706765294
  • Current Sale Price: $163,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-00048968
  • Previous Sale Recording Date: Nov 06, 2014
  • Previous Sale Contract Date: Nov 03, 2014
  • Previous Sale Amount: $127,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAND-HOME FINANCIAL SERVICES
  • First Mortgage Transaction Date: Dec 02, 2019
  • First Mortgage Loan Amount: $158,110
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: NEIGHBORHOOD FINANCE CORP
  • Previous Mortgage Transaction Date: Nov 06, 2014
  • Previous Mortgage Loan Amount: $23,550
  • Previous Mortgage Term: 120
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Dec 01, 2024

About North of Grand



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$898 /mo

  • 1 Bed
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 674 40th Street located in?
The 674 40th Street is a house located in the neighborhood of North of Grand in North of Grand, Des Moines.
What is the average sales price for listings in 674 40th Street?
The average sales price for units in 674 40th Street is $0 currently.

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