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2311 40th Ct

Des Moines, IA 50317

3 bd 1 ba 849 sqft Built 1918 Lot 6,316 sqft single_family
Most recent sale
$139,500
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 27, 2022 Sold $139,500 MLS #644994
Apr 20, 2022 Price changed $137,500 MLS #644994
Apr 18, 2022 Price changed $139,900 MLS #644994
Feb 4, 2022 Price changed $141,900 MLS #644994
Feb 1, 2022 Listed $142,900 MLS #644994
May 14, 2021 Sold $55,000 MLS #627247
Apr 21, 2021 Listed $64,500 MLS #627247
Dec 30, 2011 Sold $79,900 Public Record
May 21, 2010 Sold $79,900 Public Record
Apr 20, 2010 Price changed $79,900 MLS #358854
Dec 8, 2009 Listed $89,900 MLS #358854
Aug 12, 2009 Sold $89,900 Public Record
May 8, 2009 Listed $89,900 MLS #346361
May 8, 2009 Sold $30,000 Public Record
Mar 24, 2009 Listed $34,900 MLS #343876

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $91,500 $29,900 $121,400 $1,938
2023 $80,800 $26,000 $106,800 $1,420
2022 $46,800 $22,300 $69,100 $1,840
2021 $56,400 $22,300 $78,700 $1,560
2020 $51,100 $20,000 $71,100 $1,614
2019 $51,100 $20,000 $71,100 $1,472
2018 $45,800 $17,500 $63,300 $1,452
2017 $45,800 $17,500 $63,300 $1,346
2016 $43,000 $16,000 $59,000 $1,324
2015 $43,000 $16,000 $59,000 $1,304
2014 $42,400 $15,400 $57,800 $1,212
2013 $42,400 $15,400 $57,800 $930
2012 $42,700 $15,400 $58,100 $1,194
2011 $46,000 $15,400 $61,400 $1,136
2010 $37,300 $16,200 $53,500 $978
2009 $37,300 $16,200 $53,500 $952
2008 $38,500 $16,700 $55,200 $952
2007 $38,500 $16,700 $55,200 $918

Property facts

Year built
1918
Property type
single_family
Stories
Beds
3
Baths
1
Living area
849 sqft
Lot size
6,316 sqft
ZIP code
50317
City
Des Moines
Street
40th Ct
Coordinates
41.61560, -93.53618

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,274
Gross rental yield
10.96%
Implied cap rate
7.12%
Trend-extrapolated value

Frequently asked questions

When did 2311 40th Ct last sell?
2311 40th Ct most recently sold on May 27, 2022 for $139,500.
What is the current tax assessment for 2311 40th Ct?
The most recent total assessment for 2311 40th Ct (year 2025) is $121,400 with $1,938 in property tax.
How does 2311 40th Ct's assessment compare to its last sale price?
The current assessment is 13.0% below the last sale price of $139,500.
When was 2311 40th Ct built?
2311 40th Ct was built in 1918.
How does 2311 40th Ct compare to others on 40th Ct?
We track 8 other properties on 40th Ct. Browse the list under "Other properties on 40th Ct" to compare beds, baths, and sale history.
What are the property facts for 2311 40th Ct?
2311 40th Ct is a 3 bed, 1 bath, 849 sqft, 6,316 sqft lot single_family.
Is 2311 40th Ct a flip candidate?
Yes — 2311 40th Ct appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2311 40th Ct a tax-appeal candidate?
No — 2311 40th Ct is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.6%
Implied 1-yr
-6.5%
2026 Q3
$201.6K
2026 Q4
$197.9K
ZIP 50317 — Median Price History + Forecast

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