1320 E 40th St
Des Moines, IA 50317
Gray's Woods
3 Beds
2 Baths
1,904 sqft (on 2.63 acres)
$435,000
Last Sold: Apr 27, 2026
3% below list $450K
$228/sqft
Est. Refi. Payment $2,826/mo*
$435,000
Last Sold: Apr 27, 2026
3% below list $450K
$228/sqft
Est. Refi. Payment $2,826/mo*
3 Beds
2 Baths
1,904 sqft
(on 2.63 acres)
Local Information
- Map ViewExplore the area around 1320 E 40th St.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Description
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.
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.
1320 E 40th St, Des Moines, IA 50317 is a 3 bedroom, 2 bathroom, 1,904 sqft single-family home in Gray's Woods, built in 1971. It last sold for $435,000 on Apr 27, 2026 (3% below the $449,900 asking price). It is currently off market. The Trulia Estimate is $435,100, with a rent estimate of $1,907/month.
Home Highlights
Parking
3 Car Garage
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
$228/sqft
Listed
73 days ago
Home Details for 1320 E 40th St
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Interior Details Basement: Walk-Out Access |
Beds & Baths Number of Bedrooms: 3Main Level Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Dimensions and Layout Living Area: 1904 Square Feet |
Appliances & Utilities Appliances: Dryer, Dishwasher, Microwave, Refrigerator, See Remarks, Stove, WasherDishwasherDryerMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Forced Air,Gas,PropaneHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 2Fireplace: Wood BurningHas a Fireplace |
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Exterior Home Features Roof: Asphalt ShinglePatio / Porch: DeckExterior: Deck, Play StructureFoundation: Block |
Parking & Garage Number of Garage Spaces: 3Number of Covered Spaces: 3Has a GarageHas an Attached GarageParking Spaces: 3Parking: Attached,Garage,Three Car Garage |
Frontage Road Surface Type: ConcreteNot on Waterfront |
Water & Sewer Sewer: Septic Tank |
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Cumulative Days on Market: 23 |
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Year Built Year Built: 1971 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Raised Ranch |
Building Construction Materials: Vinyl Siding, Wood SidingDoes Not Include Home Warranty |
Property Information Parcel Number: 06000645002000 |
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Price List Price: $449,900Price Per Sqft: $228/sqft |
Status Change & Dates Off Market Date: Mon Mar 23 2026 |
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MLS Status: Closed |
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Direction & Address City: Des Moines |
School Information Elementary School District: Des Moines IndependentJr High / Middle School District: Des Moines IndependentHigh School District: Des Moines Independent |
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Building Area Building Area: 1904 Square Feet |
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Not Senior Community |
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Association for this Listing: Des Moines Area Association of REALTORSNo HOA |
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Lot Area: 2.626 Acres |
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Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan |
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BasementMls Number: 732823Living Area Range Units: Square FeetAttribution Contact: (515) 205-1200Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-19153-N-06000645002000-R-N |
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Days On Market Replication: 23 |
Last check for updates: about 4 hours ago
Listed by Jason Ring, (515) 205-1200
RE/MAX Precision
Bought with: Mariana Hernandez, (515) 661-1579, EXP Realty, LLC
Originating MLS: Des Moines Area Association of REALTORS
Source: DMMLS, MLS#732823
Price History for 1320 E 40th St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/27/2026 | $435,000 | Sold | DMMLS #732823 |
| 03/23/2026 | $449,900 | Pending | DMMLS #732823 |
| 01/14/2026 | $449,900 | Listed For Sale | DMMLS #732823 |
| 08/21/2018 | $227,000 | Sold | DMMLS #565660 |
| 07/18/2018 | $235,000 | Pending | Agent Provided |
| 07/18/2018 | $235,000 | Listed For Sale | Agent Provided |
| 04/05/2018 | $130,000 | Sold | DMMLS #555805 |
| 03/01/2018 | $130,000 | Pending | Agent Provided |
| 03/01/2018 | $130,000 | Listed For Sale | Agent Provided |
| 08/17/1998 | $114,500 | Sold | N/A |
Market trends in Des Moines
Last updated May 2026
Avg. sale price
$206K
$5.33KMoM
Sale-to-List Price
98.6%
0.4%MoM
Price per sq ft
$187
$3MoM
Available listings
1004
12MoM
- Results are loading
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $5,918 |
| Assessment | $338,800 |
Home facts updated by county records
Comparable Sales for 1320 E 40th St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.16 | Single-Family Home | $249,211 | 06/11/26 | 4 | 3 | 1,080 | |
0.49 | Single-Family Home | $265,000 | 04/24/26 | 3 | 2 | 1,569 | |
0.57 | Single-Family Home | $288,000 | 05/27/26 | 3 | 2 | 1,507 | |
0.42 | Single-Family Home | $266,250 | 06/03/26 | 3 | 2 | 1,002 | |
0.48 | Single-Family Home | $242,000 | 10/22/25 | 3 | 2 | 1,168 | |
0.39 | Single-Family Home | $212,000 | 05/08/26 | 3 | 1 | 1,620 | |
0.22 | Single-Family Home | $195,000 | 04/07/26 | 4 | 2 | 785 |
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Assigned Schools
These are the assigned schools for 1320 E 40th St.
- East High School
- 9-12
- Public
- 1893 Students
2/10GreatSchools RatingParent Rating AverageTreats children like they are preparing them for prison.Other Review3y ago - Hoyt Middle School
- 6-8
- Public
- 458 Students
1/10GreatSchools RatingParent Rating AverageWe were warned about sending our kids to this school as we were new to the area. We did attempt to open enroll to another school but being as we moved so late, they were full so I can’t help but feel we got “stuck” with this school.This will be our first and only year at this school. The kids that attend here are terribly behaved. Bullying is an issue, there seems to be no dress code, and there are A LOT of thieves here. My son also got into a fight here (he was defending himself from a kid who was bothering him the entire year) and it was poorly handled by the school. Basically was told to come pick up our child and the lady wasn’t even going to tell me what happened that had led up to the fight. That was annoying. We’re military so we move often and we have never had issues with any school like this or dealt with kids like the ones that go to this school. The kids here have severe behavior issues.Parent Review3mo ago - Stowe Elementary School
- K-5
- Public
- 313 Students
3/10GreatSchools RatingParent Rating AverageWe've moved around so my kids have attended several different schools before selling in at Stowe. We love it. Class sizes seem smaller and everyone- from the front office to the principal- is genuinely interested in the students success. I feel like i could bring any concern i had directly to the faculty and they would be non-judgmental and helpful...(although we've yet to encounter problems!)Parent Review8y ago 
Check out schools near 1320 E 40th St.
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Gray's Woods
At least 3 Trulia users voted on each feature.
100 % Say yards are well-kept
86 % Say car is needed
86 % Say people would walk alone at night
86 % Say parking is easy
71 % Say they plan to stay for at least 5 years
67 % Say it's dog friendly
60 % Say kids play outside
57 % Say there's wildlife
56 % Say there's holiday spirit
50 % Say there are sidewalks
38 % Say neighbors are friendly
33 % Say streets are well-lit
33 % Say it's quiet
20 % Say it's walkable to restaurants
Sourced by Trulia users. Learn more about our methodology.
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