2222 E 40th St Des Moines, IA 50317
Gray's Woods NeighborhoodEstimated payment $649/month
Highlights
- Ranch Style House
- No HOA
- Forced Air Heating and Cooling System
About This Home
Opportunity awaits with this 3-bedroom, 2-bath raised ranch offering incredible potential for the right buyer! Built in 1978, this home features 784 square feet on the main level plus approximately 720 finished square feet in the walkout basement, providing plenty of additional living space. The main floor includes 2 bedrooms, a full bath, and a functional layout, while the finished lower level offers a third bedroom, a 3/4 bath, and extra space for a family room, office, or recreation area. Outside, you'll find a detached 2-car garage and a walkout lot with endless possibilities. This property needs significant updating and repairs but offers a fantastic opportunity to build equity through improvements. Whether you're an investor, flipper, or buyer looking to customize a home to your own style, this property is priced to reflect its condition and is ready for its next chapter. Being sold as-is.
Home Details
Home Type
- Single Family
Year Built
- Built in 1978
Lot Details
- 6,136 Sq Ft Lot
- Lot Dimensions are 52x118
Home Design
- Ranch Style House
- Block Foundation
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 784 Sq Ft Home
- Finished Basement
- Walk-Out Basement
Kitchen
- Stove
- Microwave
Bedrooms and Bathrooms
- 3 Bedrooms | 2 Main Level Bedrooms
Laundry
- Dryer
- Washer
Parking
- 2 Car Detached Garage
- Driveway
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 06008155000000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,510 | $203,400 | $29,000 | $174,400 |
| 2024 | $3,510 | $178,400 | $25,000 | $153,400 |
| 2023 | $3,330 | $178,400 | $25,000 | $153,400 |
| 2022 | $3,304 | $141,300 | $20,800 | $120,500 |
| 2021 | $3,146 | $141,300 | $20,800 | $120,500 |
| 2020 | $3,270 | $126,100 | $18,600 | $107,500 |
| 2019 | $3,172 | $126,100 | $18,600 | $107,500 |
| 2018 | $3,140 | $118,000 | $17,100 | $100,900 |
| 2017 | $3,114 | $118,000 | $17,100 | $100,900 |
| 2016 | $3,034 | $115,100 | $16,400 | $98,700 |
| 2015 | $3,034 | $115,100 | $16,400 | $98,700 |
| 2014 | $3,040 | $114,400 | $16,000 | $98,400 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/21/2026 07/21/26 | Pending | -- | -- | -- | |
| 07/15/2026 07/15/26 | For Sale | $99,900 | +88.5% | $127 / Sq Ft | |
| 06/29/2012 06/29/12 | Sold | $53,000 | -3.6% | $68 / Sq Ft | View Prior Sale |
| 06/18/2012 06/18/12 | Pending | -- | -- | -- | |
| 04/17/2012 04/17/12 | For Sale | $55,000 | -- | $70 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | -- | None Available | |
| Corporate Deed | -- | None Available | |
| Sheriffs Deed | $135,022 | None Available | |
| Legal Action Court Order | -- | None Available | |
| Interfamily Deed Transfer | -- | All American Escrow & Title | |
| Warranty Deed | $114,500 | -- | |
| Special Warranty Deed | $64,000 | -- | |
| Sheriffs Deed | $75,498 | -- | |
| Warranty Deed | $63,500 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $76,000 | New Conventional | |
| Closed | $49,600 | New Conventional | |
| Closed | $12,480 | Unknown | |
| Previous Owner | $126,015 | FHA | |
| Previous Owner | $119,000 | New Conventional | |
| Previous Owner | $115,000 | Purchase Money Mortgage | |
| Previous Owner | $84,000 | No Value Available |
Source: Des Moines Area Association of REALTORS®
MLS Number: 745184
APN: 060-08155000000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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