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2513 40th Ct

Des Moines, IA 50317

2 bd 1 ba 1,026 sqft Built 1947 Lot 12,589 sqft single_family
Most recent sale
$120,000
Sep 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 22, 2023 Sold $115,000 DesMoines
Aug 16, 2023 Price changed $110,000 DesMoines
Jul 18, 2023 Listed $135,000 DesMoines
Jun 1, 2023 Listed $135,000 DesMoines
Sep 21, 2022 Sold $120,000 MLS #659189
Aug 30, 2022 Listed $120,000 MLS #659189
May 3, 2018 Sold $78,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $100,400 $40,300 $140,700 $2,282
2023 $89,000 $34,900 $123,900 $2,396
2022 $71,700 $30,000 $101,700 $2,378
2020 $65,000 $23,000 $88,000 $2,282
2019 $65,000 $23,000 $88,000 $2,606

Property facts

Year built
1947
Property type
single_family
Stories
Beds
2
Baths
1
Living area
1,026 sqft
Lot size
12,589 sqft
ZIP code
50317
City
Des Moines
Street
40th Ct
Coordinates
41.61786, -93.53619

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
$720
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2513 40th Ct last sell?
2513 40th Ct most recently sold on Sep 21, 2022 for $120,000.
What is the current tax assessment for 2513 40th Ct?
The most recent total assessment for 2513 40th Ct (year 2025) is $140,700 with $2,282 in property tax.
How does 2513 40th Ct's assessment compare to its last sale price?
The current assessment is 17.3% above the last sale price of $120,000.
When was 2513 40th Ct built?
2513 40th Ct was built in 1947.
How does 2513 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 2513 40th Ct?
2513 40th Ct is a 2 bed, 1 bath, 1,026 sqft, 12,589 sqft lot single_family.
Is 2513 40th Ct a flip candidate?
No — 2513 40th Ct does not appear in our flips dataset.
Is 2513 40th Ct a tax-appeal candidate?
No — 2513 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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