2406 40th Ct
Des Moines, IA 50317
5 bd 3 ba 1,644 sqft Built 1948 Lot 12,589 sqft single_family
Most recent sale
$274,990
Feb 15, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 15, 2024 | Sold | $274,990 | DesMoines |
| Jan 4, 2024 | Relisted | $274,990 | DesMoines |
| Jan 2, 2024 | Listing removed | — | DesMoines |
| Oct 24, 2023 | Listed | $274,990 | DesMoines |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $244,700 | $40,300 | $285,000 | $5,048 |
| 2023 | $216,600 | $34,900 | $251,500 | $4,834 |
| 2022 | $175,100 | $30,000 | $205,100 | $4,798 |
| 2021 | $175,100 | $30,000 | $205,100 | $4,582 |
| 2020 | $156,700 | $26,900 | $183,600 | $4,760 |
| 2019 | $156,700 | $26,900 | $183,600 | $4,384 |
| 2018 | $139,600 | $23,500 | $163,100 | $4,338 |
| 2017 | $139,600 | $23,500 | $163,100 | $4,128 |
| 2016 | $131,000 | $21,600 | $152,600 | $4,022 |
| 2015 | $131,000 | $21,600 | $152,600 | $3,996 |
| 2014 | $129,500 | $20,900 | $150,400 | $3,852 |
| 2013 | $129,500 | $20,900 | $150,400 | $3,732 |
| 2012 | $129,800 | $20,900 | $150,700 | $3,558 |
| 2011 | $129,800 | $20,900 | $150,700 | $3,472 |
| 2010 | $133,700 | $21,900 | $155,600 | $3,306 |
| 2009 | $133,700 | $21,900 | $155,600 | $3,308 |
| 2008 | $137,900 | $22,600 | $160,500 | $3,230 |
| 2007 | $137,900 | $22,600 | $160,500 | $2,924 |
Property facts
Year built
1948
Property type
single_family
Stories
—
Beds
5
Baths
3
Living area
1,644 sqft
Lot size
12,589 sqft
ZIP code
50317
City
Des Moines
Street
40th Ct
Coordinates
41.61710, -93.53702
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,466
Gross rental yield
10.76%
Implied cap rate
6.99%
Trend-extrapolated value
—
Frequently asked questions
When did 2406 40th Ct last sell?
2406 40th Ct most recently sold on Feb 15, 2024 for $274,990.
What is the current tax assessment for 2406 40th Ct?
The most recent total assessment for 2406 40th Ct (year 2025) is $285,000 with $5,048 in property tax.
How does 2406 40th Ct's assessment compare to its last sale price?
The current assessment is 3.6% above the last sale price of $274,990.
When was 2406 40th Ct built?
2406 40th Ct was built in 1948.
How does 2406 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 2406 40th Ct?
2406 40th Ct is a 5 bed, 3 bath, 1,644 sqft, 12,589 sqft lot single_family.
Is 2406 40th Ct a flip candidate?
No — 2406 40th Ct does not appear in our flips dataset.
Is 2406 40th Ct a tax-appeal candidate?
No — 2406 40th Ct is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.6%
Implied 1-yr
-6.5%
2026 Q3
$201.6K
2026 Q4
$197.9K
ZIP 50317 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 40th Ct