1407 E  40th St, Des Moines, IA 50317
OFF MARKET

$247,900

Trulia Estimate
  • 6 Beds
  • 2 Baths
  • 1,096 sqft

1407 E 40th St, Des Moines, IA 50317

Gray's Woods
Est. Refi. Payment $1,677/mo*
Refinance Your Home
Currently Off Market - Sold Oct 6, 2014 for $130,000

Home Value

Trulia Estimate
$248K
Since last month
Decreased$3K (-1.3%)
Since last year
Increased$6K (+2.4%)
Since last sale
Increased$117K (+90.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +103% in the last 10 years
MonthEstimated value
2026
August 2026$247K
August 2026$247K
July 2026$251K
June 2026$251K
May 2026$247K
April 2026$246K
March 2026$242K
February 2026$241K
January 2026$239K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.34
Multi-Family Home
$215,000
03/13/26
-
2,224
1.47
Multi-Family Home
$300,000
03/27/26
-
1,479

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.01
$240,600
6
2
1,096
Off Market
0.03
$251,400
6
2
1,096
Off Market
0.04
$200,300
3
1
1,096
Off Market
0.05
$226,500
Studio
2
1,056
Off Market
0.06
$232,300
3
1
1,056
Off Market
0.30
$167,400
4
1
1,296
Off Market
0.16
$239,400
4
1.5
796
Off Market
0.15
$223,700
4
2
797
Off Market
0.13
$222,100
4
2
1,092
Off Market
0.14
$221,300
4
2
1,092
Off Market
0.15
$205,100
3
1
1,092
Off Market

Local Information

  • Map ViewExplore the area around 1407 E 40th St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1982
1,096 sqft
$226/sqft

About this House

This multi-family home is located at 1407 E 40th St, Des Moines, IA. 1407 E 40th St is in the Gray's Woods neighborhood in Des Moines, IA and in ZIP code 50317. This property has 6 bedrooms, 2 bathrooms and approximately 1,096 sqft of floor space. This property has a lot size of 8537 sqft and was built in 1982.
1407 E 40th St, Des Moines, IA 50317 is a 6 bedroom, 2 bathroom, 1,096 sqft multi-family in Gray's Woods, built in 1982. It last sold for $130,000 on Oct 6, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $247,900, with a rent estimate of $1,132/month.

Home Details for 1407 E 40th St

Interior Features

Interior Details
BasementNumber of Rooms: 10
Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: OtherFoundation Type: ConcretePatio

Property Information

Year Built
Year Built: 1982
Property Type / Style
Property Type: Multi FamilyArchitecture: split entry

Community

Units in Building: 2

Lot Information

Lot Area: 8537 sqft

Price and Tax history

DateEventPrice
Oct 6, 2014
Source: N/A
Sold
$130,000
Jul 15, 2010
Source: N/A
Sold
$147,745
Mar 1, 2007
Source: N/A
Sold
$135,500
Sep 15, 1998
Source: N/A
Sold
$77,500
Mar 14, 1997
Source: N/A
Sold
$77,000

Market trends in Des Moines

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$215K
$3.57K
MoM
Sale-to-List Price
99.2%
0.1%
MoM
Price per sq ft
$191
$0
MoM
Available listings
1022
12
MoM

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.
  • Canas n.
    "Busy area. Close to shopping, convenience store, fast food. Pocket quiet areas. Good neighbors...... "

LGBTQ Local Legal Protections

Frequently asked questions about 1407 E 40th St

  • What is 1407 E 40th St estimated to be worth?
    Trulia's estimated value for 1407 E 40th St in Des Moines, IA is $247,900.
  • What is the price history for 1407 E 40th St?
    1407 E 40th St in Des Moines, IA last sold for $130,000 in October 2014.
  • Is Des Moines a buyer's or seller's market?
    Des Moines is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Des Moines?
    The median sale price in Des Moines is $215K. That is up $3.57K from the prior month.

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Off Market Homes Near 1407 E 40th St

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