7040 LAKE RIDGE AVE — Polk County parcel 7823.31.153.001
Map of parcel 7823.31.153.001. Center: latitude 41.5201, longitude -93.5582. Use arrow keys to pan and the plus/minus keys to zoom once focused.
Polk County · 2026 tax sale · GovEase lot 1340last year's list
7040 LAKE RIDGE AVE
DES MOINES IA 50320
7823.31.153.001 · alt 120.07007.623.026
Redemption likelihoodHigh
Likely to redeem — favors the interest-yield play.
Modeled estimate · not a guarantee
Owed
$30
tax year 2026 · face value
Assessed
$1.6k
total · land + improvements
Value-to-debt
1 : 53strong
$1 of debt secures $53 of asset
Lot
0.02 ac
860 sf · 167 ft perimeter
Opportunity
Measured scores — use the one that matches your goal.
Redemption yieldrecommended
If the owner redeems, you keep 2%/mo interest (§447.1) — the investment play.
Base7
Vacant / land only+6
Low assessed value (<$25k)+9
Total22
Acquire the deed
If the owner never redeems, you can acquire the property — the acquisition play.
Base1
Vacant / land only+1
Low assessed value (<$25k)+1
Total3
Risk flagsTiny lotVacant / land onlyFederal liens not checkedSpecial assessments not checkedAbsentee owner
Flags reflect only what public county data exposes — an absent flag is not a guarantee. Items marked "not checked" need manual verification.
Tax-sale history
Treasurer
No prior tax-sale certificates on record — this is the parcel's first appearance at tax sale.
Who owns it
2 sources agree on identity
Owner names as reported by independent public records — discrepancies may indicate recent transfers or data lag.
Auction list says…
Assessor says…
NICHOLS, MARY
Treasurer says…
NICHOLS, MARY
Mailing: NICHOLS, MARY 7040 LAKERIDGE AVE DES MOINES IA 50320-1251
Owners of record · Assessor
NICHOLS, MARYTitle Holder2025-04-0420092/821
Property details
Assessor
Location
- Address
- 7040 LAKE RIDGE AVE
- City
- DES MOINES
- Zip
- 50320
- Jurisdiction
- Des Moines
- District/Parcel
- 120/07007-623-026
- Geoparcel
- 7823-31-153-001
- Status
- Active
- School
- Des Moines
- Nbhd/Pocket
- DM97/K
- Tax Authority Group
- DEM-C-DEM-770131
- Submarket
- South Des Moines
- Appraiser
- Andrew Rand, 515-286-3368
Land
- Square Feet
- 730
- Acres
- 0.017
- Year Platted
- 2021
- Topography
- Normal
- Shape
- Irregular
- Vacancy
- No
- Unbuildable
- Yes
Lot dimensions
GIS · centroid 41.5201, -93.5582
Acres: 0.020
Lot sqft: 860
Perimeter: 167 ft
Title & transfer history
3 transfers · Assessor
Recorded deed chain joined to sale prices. Shows ownership only — not mortgages or liens, which the assessor does not publish.
Last market sale
$430,000 · Apr 4, 2025 · to NICHOLS, MARY
Apr 4, 2025Warranty deed$430,00020092/821
NICHOLS, MARY ← CLOUD NINE HOMES LLC
Oct 13, 2022Warranty deed$72,90019295/876
CLOUD NINE HOMES LLC ← TANZANITE HOMES COMPANY INC
May 26, 2021Warranty deed$910,00018552/223
TANZANITE HOMES COMPANY INC ← TIMBERCREST HOMES LLC
Zoning
1 record · Assessor
| Zoning | Description | SF | Assessor Zoning |
|---|---|---|---|
| PUD | PUD Planned Unit Development District | — | Other |
Tax assessment history
3 rolls · Assessor
Assessed value set by the Polk Assessor each roll year (Iowa revalues in odd-numbered years). Totals combine land and improvements; change is versus the prior roll. Linked years open the official assessment-roll notice.
Year
Land
Improvements
Total
Property tax
Change
Property tax is the actual net tax billed by the Polk Treasurer (before any late interest or fees). Values prefixed "~" are estimated (assessed × Iowa rollback × consolidated levy) for years not yet billed or predating the online record. Use the county's official tax estimator →
If you bid & win
Lien purchase$30
Interest rate2% / mo (≈24% / yr)
SaleJun 2026
Earliest redemption noticeMar 2028
Earliest deed eligibilityJun 2028
Certificate hard capJun 2029
If redeemed at 12 mo$37+$7 interest
If taken to deed$1.6k assetat a 100% bid
Iowa bids down the percentage of undivided ownership (§446.16, floor 1%). A contested parcel may convey only a fractional interest, so the deed play is realistic mainly when little or no competition bids it down.
Accrues $1/moschedule
1 year12 mo · $37 total+$7
Redemption notice21 mo · $43 total+$13
Deed eligibility24 mo · $44 total+$14
Hard cap36 mo · $52 total+$22
marks the statutory milestones from the timeline above. Flat 2%/mo on the $30 lien — each partial month counts whole (§447.1). Excludes subsequent taxes and recoverable costs.
Estimates only. Not legal or financial advice.
Data sources
Every fact on this page comes from a public county system. Click to view at source.
Rules & Iowa law
The statutes that govern tax sales, redemption, and deeds.