Chris Kew
RE/MAX Precision
(515) 500-2960
284 Total Sales
2 in Gray's Woods
$260K - $265K Price Range
2222 E 40th St Des Moines, IA 50317
Gray's Woods Neighborhood
3
Beds
2
Baths
784
Sq Ft
6,136
Sq Ft Lot
Highlights
- Ranch Style House
- No HOA
- Forced Air Heating and Cooling System
About This Home
As of August 2026Opportunity 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.
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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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 17, 2012
Closed on
Jun 28, 2012
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Seller's Agent
Tina Gordon
Renters Warehouse Iowa, LLC
Buyer's Agent
Danny Ivankovich
Agency Iowa
List Price
$55,000
Sold Price
$53,000
Premium/Discount to List
-$2,000
-3.64%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%
Original Mortgage
$49,600
Interest Rate
3.77%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 28, 2012
Sold by
Midfirst Bank
Bought by
Secretary Of Housing & Urban Development
Purchase Details
Closed on
Feb 23, 2012
Sold by
Richardson Michael L and Richardson Michael Lee
Bought by
Midfirst Bank
Purchase Details
Closed on
Jul 14, 2009
Sold by
Estate Of Valinda Marie Richardson
Bought by
Richardson Michael
Purchase Details
Closed on
May 14, 2005
Sold by
Curphy Valinda M and Curphy Chance W
Bought by
Curphy Valinda M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
7.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 18, 2004
Sold by
J Bos Holdings Inc
Bought by
Curphy Valinda M and Curphy Chance W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
9.12%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Apr 28, 2003
Sold by
Conseco Finance Servicing Corp
Bought by
J Bos Holdings Inc
Purchase Details
Closed on
Feb 13, 2003
Sold by
Senne Sherry Kay and Lacquement Sherry Kay
Bought by
Conseco Finance Servicing Corp and Green Tree
Purchase Details
Closed on
Jul 29, 1998
Sold by
R M Madden Construction Inc
Bought by
Senne Sherry Kay
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.71%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Gray's Woods, IA
-
Chris Kew
-
Jason Rude
Jason Rude
Rude Realty
(515) 400-4122
345 Total Sales
2 in Gray's Woods
$91K - $165K Price Range
-
Ginger Atcheson
Ginger Atcheson
Real Estate Property Solutions, LLC
(515) 400-3340
198 Total Sales
2 in Gray's Woods
$180K - $185K Price Range
-
Ross Peterson
Ross Peterson
Agency Iowa
(515) 461-7245
91 Total Sales
1 in Gray's Woods
$265,000 Price
-
Darson Grantham
Darson Grantham
Keller Williams Realty GDM
(641) 247-4098
238 Total Sales
2 in Gray's Woods
$170K - $251K Price Range
-
Susie Sheldahl
Susie Sheldahl
Realty One Group Impact
(515) 461-8610
273 Total Sales
4 in Gray's Woods
$56K - $200K Price Range
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 | -- |
Source: Public Records
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: Public Records
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 |
|---|---|---|---|---|---|
| 08/21/2026 08/21/26 | Sold | $90,000 | -9.9% | $115 / Sq Ft | |
| 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 |
Source: Des Moines Area Association of REALTORS®
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 |
Source: Public Records
Agents Affiliated with this Home
-
Dustin Schutte
Seller's Agent in 2026
Dustin Schutte
RE/MAX
(515) 556-8180
1 in this area
149 Total Sales
-
Sarah Butrick
SB
Seller Co-Listing Agent in 2026
Sarah Butrick
RE/MAX
1 in this area
35 Total Sales
-
Donald Hughes
Buyer's Agent in 2026
Donald Hughes
Keller Williams Realty GDM
(815) 715-5235
1 in this area
17 Total Sales
-
Tina Gordon
TG
Seller's Agent in 2012
Tina Gordon
Renters Warehouse Iowa, LLC
6 Total Sales
-
Steven Camerona
Seller Co-Listing Agent in 2012
Steven Camerona
Iowa Realty Beaverdale
(515) 277-6211
1 in this area
240 Total Sales
-
DI
Buyer's Agent in 2012
Danny Ivankovich
Agency Iowa
Map
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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