1320 E 40th St Des Moines, IA 50317
Gray's Woods NeighborhoodEstimated payment $2,872/month
Highlights
- 2.63 Acre Lot
- Recreation Room
- Main Floor Primary Bedroom
- Deck
- Raised Ranch Architecture
- 2 Fireplaces
About This Home
Don’t pass up this truly unique gem! Discover a charming 3-bedroom, 2-bath raised ranch with a walkout basement, nestled on a private 2.6-acre wooded lot right in the city. Step into this beautifully updated home, boasting two cozy fireplaces, dual living areas, and a spacious primary suite complete with a large walk-in closet and a modern en-suite bath. Lastly walk into a HEATED 2 1/2 stall garage that has 220V and an overhead hoist for the car enthusiast. Major mechanical updates include:
HVAC equipment replaced in 2022, Reverse Osmosis system for extra clean water, Radon System The inviting kitchen centers around a large island—perfect for family meals and conversations—while offering stunning views of the secluded backyard. Unwind on the expansive wrap-around deck, taking in the peaceful, serene surroundings that make this hidden oasis feel worlds away. And the highlight: a secret hidden man cave—a rare bonus feature that provides the ultimate extra space everyone dreams of! All information obtained from the seller and public record.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,386
Year Built
- Built in 1971
Lot Details
- 2.63 Acre Lot
- Lot Dimensions are 369x310
- Property is zoned N3A
Home Design
- Raised Ranch Architecture
- Block Foundation
- Asphalt Shingled Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 1,904 Sq Ft Home
- 2 Fireplaces
- Wood Burning Fireplace
- Family Room Downstairs
- Dining Area
- Recreation Room
- Walk-Out Basement
Kitchen
- Eat-In Kitchen
- Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
- Primary Bedroom on Main
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 3 Car Attached Garage
- Driveway
Outdoor Features
- Deck
- Play Equipment
Utilities
- Forced Air Heating and Cooling System
- Heating System Powered By Owned Propane
- Heating System Uses Propane
- Septic Tank
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 06000645002000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,794 | $338,800 | $62,000 | $276,800 |
| 2024 | $5,794 | $305,000 | $54,900 | $250,100 |
| 2023 | $5,448 | $305,000 | $54,900 | $250,100 |
| 2022 | $5,404 | $240,000 | $44,800 | $195,200 |
| 2021 | $5,148 | $240,000 | $44,800 | $195,200 |
| 2020 | $5,342 | $214,900 | $39,400 | $175,500 |
| 2019 | $4,456 | $214,900 | $39,400 | $175,500 |
| 2018 | $4,178 | $165,800 | $34,300 | $131,500 |
| 2017 | $3,940 | $165,800 | $34,300 | $131,500 |
| 2016 | $3,834 | $154,200 | $29,300 | $124,900 |
| 2015 | $3,834 | $154,200 | $29,300 | $124,900 |
| 2014 | $3,582 | $148,800 | $27,800 | $121,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/14/2026 01/14/26 | For Sale | $449,900 | +98.2% | $236 / Sq Ft | |
| 08/21/2018 08/21/18 | Sold | $227,000 | -3.4% | $119 / Sq Ft | View Prior Sale |
| 08/21/2018 08/21/18 | Pending | -- | -- | -- | |
| 07/18/2018 07/18/18 | For Sale | $235,000 | +80.8% | $123 / Sq Ft | |
| 04/05/2018 04/05/18 | Sold | $130,000 | 0.0% | $68 / Sq Ft | View Prior Sale |
| 03/06/2018 03/06/18 | Pending | -- | -- | -- | |
| 02/21/2018 02/21/18 | For Sale | $130,000 | -- | $68 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | $227,000 | None Available | |
| Warranty Deed | $130,000 | None Available | |
| Warranty Deed | $114,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $204,300 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $150,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $103,410 | No Value Available |
Source: Des Moines Area Association of REALTORS®
MLS Number: 732823
APN: 060-00645002000
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Ask me questions while you tour the home.