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3902 40th St

Des Moines, IA 50317

5 bd 1 ba 1,026 sqft Built 1962 Lot 7,623 sqft single_family
Most recent sale
$202,000
Sep 23, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 27, 2025 Price changed $227,000 DesMoines
Sep 4, 2025 Listed $230,000 DesMoines
Feb 28, 2025 Listed $239,900 DesMoines
Sep 23, 2022 Sold $202,000 MLS #655027
Jun 28, 2022 Listed $197,500 MLS #655027
May 9, 2022 Price changed $197,500 MLS #645173
Feb 4, 2022 Listed $182,500 MLS #645173
Jun 11, 2018 Sold $159,900 MLS #559488
May 4, 2018 Sold $135,000 Public Record
Apr 24, 2018 Listed $159,900 MLS #559488
Mar 27, 2018 Sold $95,000 Public Record
Feb 15, 2018 Sold $67,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $192,600 $40,800 $233,400 $3,932
2023 $170,400 $35,700 $206,100 $3,962
2022 $138,300 $29,800 $168,100 $3,932
2021 $138,300 $29,800 $168,100 $3,900
2020 $128,700 $27,600 $156,300 $4,052
2019 $128,700 $27,600 $156,300 $3,148
2018 $93,300 $23,800 $117,100 $3,116
2017 $93,300 $23,800 $117,100 $2,956
2016 $87,400 $21,900 $109,300 $2,880
2015 $87,400 $21,900 $109,300 $2,824
2014 $85,500 $20,800 $106,300 $2,636
2013 $85,500 $20,800 $106,300 $2,512
2012 $85,600 $20,800 $106,400 $2,542
2011 $85,600 $20,800 $106,400 $2,420
2010 $91,400 $22,500 $113,900 $2,280
2009 $91,400 $22,500 $113,900 $2,226
2008 $88,800 $21,800 $110,600 $2,226
2007 $88,800 $21,800 $110,600 $2,082

Property facts

Year built
1962
Property type
single_family
Stories
2
Beds
5
Baths
1
Living area
1,026 sqft
Lot size
7,623 sqft
ZIP code
50317
City
Des Moines
Street
40th St
Coordinates
41.63133, -93.53711

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
$1,539
Gross rental yield
9.14%
Implied cap rate
5.94%
Trend-extrapolated value

Frequently asked questions

When did 3902 40th St last sell?
3902 40th St most recently sold on Sep 23, 2022 for $202,000.
What is the current tax assessment for 3902 40th St?
The most recent total assessment for 3902 40th St (year 2025) is $233,400 with $3,932 in property tax.
How does 3902 40th St's assessment compare to its last sale price?
The current assessment is 15.5% above the last sale price of $202,000.
When was 3902 40th St built?
3902 40th St was built in 1962.
How does 3902 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 3902 40th St?
3902 40th St is a 5 bed, 1 bath, 1,026 sqft, 7,623 sqft lot single_family.
Is 3902 40th St a flip candidate?
Yes — 3902 40th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3902 40th St a tax-appeal candidate?
No — 3902 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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