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2328 40th St

Des Moines, IA 50317

4 bd 2 ba 1,263 sqft Built 1936 Lot 6,316 sqft single_family
Most recent sale
$209,000
May 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 2, 2023 Sold $217,000 DesMoines
Jan 19, 2023 Relisted $227,900 DesMoines
Dec 8, 2022 Price changed $227,900 DesMoines
Nov 3, 2022 Listed $234,900 DesMoines
May 13, 2022 Sold $209,000 MLS #647517
Mar 14, 2022 Listed $209,000 MLS #647517
Dec 8, 2010 Listing removed $124,900 DesMoines
Nov 12, 2010 Price changed $124,900 MLS #375406
Oct 26, 2010 Listed $129,900 MLS #375406
Nov 9, 2007 Sold $93,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $201,400 $29,900 $231,300 $3,880
2023 $177,500 $26,000 $203,500 $3,900
2022 $143,200 $22,300 $165,500 $3,662
2021 $143,200 $22,300 $165,500 $3,506
2020 $129,100 $20,000 $149,100 $3,638
2019 $129,100 $20,000 $149,100 $3,370
2018 $116,400 $17,500 $133,900 $3,330
2017 $116,400 $17,500 $133,900 $3,142
2016 $108,700 $16,000 $124,700 $3,056
2015 $108,700 $16,000 $124,700 $3,064
2014 $108,400 $15,600 $124,000 $2,852
2013 $108,400 $15,600 $124,000 $2,760
2012 $108,700 $15,600 $124,300 $2,644
2011 $108,700 $15,600 $124,300 $2,510
2010 $108,500 $16,300 $124,800 $2,652
2009 $108,500 $16,300 $124,800 $2,428
2008 $111,800 $16,800 $128,600 $2,428
2007 $111,800 $16,800 $128,600 $2,400

Property facts

Year built
1936
Property type
single_family
Stories
Beds
4
Baths
2
Living area
1,263 sqft
Lot size
6,316 sqft
ZIP code
50317
City
Des Moines
Street
40th St
Coordinates
41.61614, -93.53786

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
$1,895
Gross rental yield
10.88%
Implied cap rate
7.07%
Trend-extrapolated value

Frequently asked questions

When did 2328 40th St last sell?
2328 40th St most recently sold on May 13, 2022 for $209,000.
What is the current tax assessment for 2328 40th St?
The most recent total assessment for 2328 40th St (year 2025) is $231,300 with $3,880 in property tax.
How does 2328 40th St's assessment compare to its last sale price?
The current assessment is 10.7% above the last sale price of $209,000.
When was 2328 40th St built?
2328 40th St was built in 1936.
How does 2328 40th St compare to others on 40th St?
We track 8 other properties on 40th St. Browse the list under "Other properties on 40th St" to compare beds, baths, and sale history.
What are the property facts for 2328 40th St?
2328 40th St is a 4 bed, 2 bath, 1,263 sqft, 6,316 sqft lot single_family.
Is 2328 40th St a flip candidate?
No — 2328 40th St does not appear in our flips dataset.
Is 2328 40th St a tax-appeal candidate?
No — 2328 40th St 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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