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2425 40th St

Des Moines, IA 50317

2 bd 1 ba 844 sqft Built 1927 single_family
Most recent sale
$161,000
Sep 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 12, 2022 Sold $161,000 MLS #653523
Jun 6, 2022 Listed $168,000 MLS #653523
May 24, 2022 Listed $168,000 MLS #652674
Sep 5, 2006 Sold $125,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $131,100 $29,900 $161,000 $2,808
2023 $113,900 $26,000 $139,900 $2,506
2022 $92,900 $22,300 $115,200 $2,484
2021 $92,900 $22,300 $115,200 $2,346
2020 $82,600 $20,000 $102,600 $2,432
2019 $82,600 $20,000 $102,600 $2,216
2018 $73,500 $17,500 $91,000 $2,188
2017 $73,500 $17,500 $91,000 $2,034
2016 $67,700 $16,000 $83,700 $1,976
2015 $67,700 $16,000 $83,700 $1,974
2014 $67,500 $15,500 $83,000 $1,834
2013 $67,500 $15,500 $83,000 $1,788
2012 $67,700 $15,500 $83,200 $1,790
2011 $67,700 $15,500 $83,200 $1,696
2010 $70,200 $16,300 $86,500 $1,676
2009 $70,200 $16,300 $86,500 $1,634
2008 $72,300 $16,800 $89,100 $1,634
2007 $72,300 $16,800 $89,100 $1,374

Property facts

Year built
1927
Property type
single_family
Stories
Beds
2
Baths
1
Living area
844 sqft
Lot size
ZIP code
50317
City
Des Moines
Street
40th St
Coordinates
41.61779, -93.53726

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
$1,266
Gross rental yield
9.44%
Implied cap rate
6.13%
Trend-extrapolated value

Frequently asked questions

When did 2425 40th St last sell?
2425 40th St most recently sold on Sep 12, 2022 for $161,000.
What is the current tax assessment for 2425 40th St?
The most recent total assessment for 2425 40th St (year 2025) is $161,000 with $2,808 in property tax.
How does 2425 40th St's assessment compare to its last sale price?
The current assessment is 0.0% above the last sale price of $161,000.
When was 2425 40th St built?
2425 40th St was built in 1927.
How does 2425 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 2425 40th St?
2425 40th St is a 2 bed, 1 bath, 844 sqft single_family.
Is 2425 40th St a flip candidate?
No — 2425 40th St does not appear in our flips dataset.
Is 2425 40th St a tax-appeal candidate?
No — 2425 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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