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3843 40th St

Des Moines, IA 50310

3 bd 2 ba 1,379 sqft Built 1948 Lot 19,471 sqft single_family
Most recent sale
$70,000
May 17, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 18, 2024 Sold $175,000 DesMoines
Apr 18, 2024 Price changed $235,000 DesMoines
Apr 11, 2024 Price changed $237,500 DesMoines
Mar 15, 2024 Relisted $240,000 DesMoines
Mar 13, 2024 Listing removed DesMoines
Mar 1, 2024 Price changed $240,000 DesMoines
Jan 23, 2024 Price changed $245,000 DesMoines
Dec 29, 2023 Listed $250,000 DesMoines
Nov 28, 2023 Listing removed DesMoines
Nov 13, 2023 Price changed $249,900 DesMoines
Oct 30, 2023 Listing removed CentralIowa
Oct 13, 2023 Price changed $252,500 CentralIowa
Oct 5, 2023 Price changed $260,000 CentralIowa
Sep 27, 2023 Listed $269,900 CentralIowa
May 17, 2023 Sold $70,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $189,100 $66,400 $255,500 $4,198
2023 $149,900 $59,200 $209,100 $4,028
2022 $121,400 $49,500 $170,900 $7,086
2021 $121,400 $49,500 $170,900 $4,472
2020 $116,100 $47,100 $163,200 $8,013
2019 $116,100 $47,100 $163,200 $5,870
2018 $109,000 $41,600 $150,600 $4,006
2017 $109,000 $41,600 $150,600 $4,618
2016 $96,500 $36,200 $132,700 $3,496
2015 $96,500 $36,200 $132,700 $3,392
2014 $93,400 $34,300 $127,700 $3,270
2013 $93,400 $34,300 $127,700 $3,170
2012 $93,700 $34,300 $128,000 $3,022
2011 $93,700 $34,300 $128,000 $2,926
2010 $95,900 $35,200 $131,100 $2,784
2009 $95,900 $35,200 $131,100 $2,788
2008 $98,900 $36,300 $135,200 $2,722
2007 $98,900 $36,300 $135,200 $2,384

Property facts

Year built
1948
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,379 sqft
Lot size
19,471 sqft
ZIP code
50310
City
Des Moines
Street
40th St
Coordinates
41.63108, -93.67138

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$420
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3843 40th St last sell?
3843 40th St most recently sold on May 17, 2023 for $70,000.
What is the current tax assessment for 3843 40th St?
The most recent total assessment for 3843 40th St (year 2025) is $255,500 with $4,198 in property tax.
How does 3843 40th St's assessment compare to its last sale price?
The current assessment is 265.0% above the last sale price of $70,000.
When was 3843 40th St built?
3843 40th St was built in 1948.
How does 3843 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 3843 40th St?
3843 40th St is a 3 bed, 2 bath, 1,379 sqft, 19,471 sqft lot single_family.
Is 3843 40th St a flip candidate?
Yes — 3843 40th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3843 40th St a tax-appeal candidate?
Yes — 3843 40th St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-4.7%
Implied 1-yr
-18.6%
2026 Q3
$173.4K
2026 Q4
$173.4K
ZIP 50310 — Median Price History + Forecast

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