2505 40th Ct
Des Moines, IA 50317
2 bd 1 ba 842 sqft Built 1947 Lot 6,316 sqft single_family
Most recent sale
$118,500
May 13, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 13, 2022 | Sold | $118,500 | MLS #648227 |
| Mar 25, 2022 | Listed | $119,900 | MLS #648227 |
| Mar 7, 2022 | Sold | $72,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $101,500 | $29,900 | $131,400 | $2,122 |
| 2023 | $89,900 | $26,000 | $115,900 | $2,072 |
| 2022 | $74,500 | $22,300 | $96,800 | $2,264 |
| 2021 | $74,500 | $22,300 | $96,800 | $2,168 |
| 2020 | $66,900 | $20,000 | $86,900 | $2,252 |
| 2019 | $66,900 | $20,000 | $86,900 | $2,070 |
| 2018 | $59,500 | $17,500 | $77,000 | $1,728 |
| 2017 | $59,500 | $17,500 | $77,000 | $1,626 |
| 2016 | $55,900 | $16,000 | $71,900 | $1,578 |
| 2015 | $55,900 | $16,000 | $71,900 | $1,546 |
| 2014 | $54,800 | $15,400 | $70,200 | $1,410 |
| 2013 | $54,800 | $15,400 | $70,200 | $1,382 |
| 2012 | $54,200 | $15,400 | $69,600 | $1,390 |
| 2011 | $54,200 | $15,400 | $69,600 | $1,314 |
| 2010 | $56,200 | $16,200 | $72,400 | $1,294 |
| 2009 | $56,200 | $16,200 | $72,400 | $1,258 |
| 2008 | $57,900 | $16,700 | $74,600 | $1,258 |
| 2007 | $57,900 | $16,700 | $74,600 | $938 |
Property facts
Year built
1947
Property type
single_family
Stories
—
Beds
2
Baths
1
Living area
842 sqft
Lot size
6,316 sqft
ZIP code
50317
City
Des Moines
Street
40th Ct
Coordinates
41.61752, -93.53619
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,263
Gross rental yield
12.79%
Implied cap rate
8.31%
Trend-extrapolated value
—
Frequently asked questions
When did 2505 40th Ct last sell?
2505 40th Ct most recently sold on May 13, 2022 for $118,500.
What is the current tax assessment for 2505 40th Ct?
The most recent total assessment for 2505 40th Ct (year 2025) is $131,400 with $2,122 in property tax.
How does 2505 40th Ct's assessment compare to its last sale price?
The current assessment is 10.9% above the last sale price of $118,500.
When was 2505 40th Ct built?
2505 40th Ct was built in 1947.
How does 2505 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 2505 40th Ct?
2505 40th Ct is a 2 bed, 1 bath, 842 sqft, 6,316 sqft lot single_family.
Is 2505 40th Ct a flip candidate?
Yes — 2505 40th Ct appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2505 40th Ct a tax-appeal candidate?
No — 2505 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