Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 79M+ records · 24M+ properties All 50 states Methodology

2405 40th St

Des Moines, IA 50317

3 bd 2 ba 1,054 sqft Built 1959 Lot 6,300 sqft single_family
Most recent sale
$205,000
Aug 2, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 5, 2023 Sold $219,900 DesMoines
Aug 4, 2023 Listed $219,900 DesMoines
Aug 2, 2022 Sold $205,000 MLS #654136
Jul 1, 2022 Price changed $209,900 MLS #60405
Jun 15, 2022 Listed $219,000 MLS #60405
Feb 19, 2021 Sold $172,000 MLS #619632
Dec 18, 2020 Listed $169,900 MLS #619632
Nov 17, 2015 Listing removed $137,500 DesMoines
Sep 30, 2015 Price changed $137,500 MLS #501154
Aug 4, 2015 Listed $140,000 MLS #501154
Jan 4, 2013 Listing removed $134,850 DesMoines
Nov 26, 2012 Price changed $134,850 MLS #404497
Aug 21, 2012 Price changed $134,900 MLS #404497
Aug 8, 2012 Price changed $136,000 MLS #404497
Jul 20, 2012 Listed $139,000 MLS #404497
Mar 31, 2008 Sold $132,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $173,500 $29,900 $203,400 $3,594
2023 $153,000 $26,000 $179,000 $3,426
2022 $123,100 $22,300 $145,400 $3,400
2021 $123,100 $22,300 $145,400 $3,060
2020 $111,200 $20,000 $131,200 $3,174
2019 $111,200 $20,000 $131,200 $2,920
2018 $99,700 $17,500 $117,200 $2,886
2017 $99,700 $17,500 $117,200 $2,728
2016 $93,400 $16,000 $109,400 $2,654
2015 $93,400 $16,000 $109,400 $2,644
2014 $92,700 $15,500 $108,200 $2,464
2013 $92,700 $15,500 $108,200 $2,390
2012 $93,200 $15,500 $108,700 $2,384
2011 $93,200 $15,500 $108,700 $2,262
2010 $96,800 $16,300 $113,100 $1,968
2009 $96,800 $16,300 $113,100 $2,078
2008 $86,400 $16,800 $103,200 $2,078
2007 $86,400 $16,800 $103,200 $2,060

Property facts

Year built
1959
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,054 sqft
Lot size
6,300 sqft
ZIP code
50317
City
Des Moines
Street
40th St
Coordinates
41.61669, -93.53725

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
$1,581
Gross rental yield
9.25%
Implied cap rate
6.02%
Trend-extrapolated value

Frequently asked questions

When did 2405 40th St last sell?
2405 40th St most recently sold on Aug 2, 2022 for $205,000.
What is the current tax assessment for 2405 40th St?
The most recent total assessment for 2405 40th St (year 2025) is $203,400 with $3,594 in property tax.
How does 2405 40th St's assessment compare to its last sale price?
The current assessment is 0.8% below the last sale price of $205,000.
When was 2405 40th St built?
2405 40th St was built in 1959.
How does 2405 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 2405 40th St?
2405 40th St is a 3 bed, 2 bath, 1,054 sqft, 6,300 sqft lot single_family.
Is 2405 40th St a flip candidate?
No — 2405 40th St does not appear in our flips dataset.
Is 2405 40th St a tax-appeal candidate?
No — 2405 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

Explore nearby