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1240 40th St; Des Moines, IA Property Details

1240 40th St, Des Moines, IA is a Single Family that was built in 1910. This property is currently Financed and is not for sale. Our records show that 1240 40th St has 4 bedrooms, and 2 bathrooms, and a total of 1,632 square feet. The lot size of 1240 40th St is 9,845 square feet.

Off market
1240 40th St Des Moines, IA 50311
$225,000 Listing Price
4 Beds
2 Baths
1,632 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1910
  • Purchase Price: $225,000
  • Open Loans / Balance: 1 / $201,292
  • Est. Equity / %: $82,708 / 29.12%
  • Gross Yield: 10.09%
  • APN: 100/12467-000-000
  • Situs County: Polk
  • Length Of Ownership: 5 years, 4 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Brick
  • Building Condition: Good
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Sewer Type: Yes
  • Water Source: Municipal

Measurements

  • Total: 1,632/SqFt
  • Lot: 9,845/SqFt
  • Gross: 2,844/SqFt
  • Garage: 380/SqFt
  • Living: 1,632/SqFt
  • Basement: 816/SqFt
  • Building: 2,448/SqFt
  • Ground: 816/SqFt
  • Price Per Square Foot: $137.87

Legal Description

  • Description: LOT 22 WAGNER PLACE
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Des Moines Independent Community School District
  • Lat / Lon: 41.601948 / -93.67189
  • Subdivision: Wagner Place
  • Property Class: Residential
  • County Use Code: SF

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2512
  • Cooling: Central
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 1

Ownership Info

1240 40th St has no associated ownership info
1240 40th St has no associated ownership info.

Taxes

1240 40th St has 10 associated Taxes items

1240 40th St, Des Moines, IA pays taxes in Polk County, IA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $297,100. The APN we've located for 1240 40th St is 100/12467-000-000.

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Taxes
  • Assessed Value:  $297,100
  • Assessed Year:  2025
  • Assessed County:  Polk
  • APN:  100/12467-000-000
  • Assessed Land Value:  58700
  • Market Land Value:  58700
  • Tax Amount:  5204
  • Tax Year:  2024
  • Market Value:  297100
  • Market Year:  2025

Tax History

1240 40th St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $297,100 Land Value $58,700 Improvement Value $238,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $5,204 Change Rate -0.018113% Assessed CR Tax Rate
Year 2023 Assessed Value $264,500 Land Value $52,000 Improvement Value $212,500 Tax Amount $5,300 Change Rate Assessed CR Tax Rate +0.020038%
Year 2022 Assessed Value $224,900 Land Value $46,000 Improvement Value $178,900 Tax Amount $5,300 Change Rate +0.022771% Assessed CR Tax Rate +0.023566%
Year 2021 Assessed Value $224,900 Land Value $46,000 Improvement Value $178,900 Tax Amount $5,182 Change Rate -0.036086% Assessed CR Tax Rate +0.023041%
Year 2020 Assessed Value $219,500 Land Value $42,000 Improvement Value $177,500 Tax Amount $5,376 Change Rate Assessed CR Tax Rate +0.024492%
Year 2019 Assessed Value $219,500 Land Value $42,000 Improvement Value $177,500 Tax Amount $5,376 Change Rate +0.107084% Assessed CR Tax Rate +0.024492%
Year 2018 Assessed Value $194,600 Land Value $36,700 Improvement Value $157,900 Tax Amount $4,856 Change Rate Assessed CR Tax Rate +0.024954%
Year 2017 Assessed Value $194,600 Land Value $36,700 Improvement Value $157,900 Tax Amount $4,856 Change Rate +0.172947% Assessed CR Tax Rate +0.024954%
Year 2016 Assessed Value $174,300 Land Value $32,900 Improvement Value $141,400 Tax Amount $4,140 Change Rate +0.027805% Assessed CR Tax Rate +0.023752%
Year 2015 Assessed Value $174,300 Land Value $32,900 Improvement Value $141,400 Tax Amount $4,028 Change Rate Assessed CR Tax Rate +0.02311%
Year 2014 Assessed Value $166,400 Land Value $31,200 Improvement Value $135,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,925 Change Rate Assessed CR Tax Rate