1500 E  40th St, Des Moines, IA 50317
Property image
Property image
OFF MARKET

1500 E 40th St
Des Moines, IA 50317

Gray's Woods
  • 2 Beds
  • 2 Baths
  • 786 sqft

$216,400

Trulia Estimate
as of Jul 14, 2026
Est. Refi. Payment $1,442/mo*

$216,400

Trulia Estimate
as of Jul 14, 2026
Est. Refi. Payment $1,442/mo*
2 Beds
2 Baths
786 sqft

Local Information

  • Map ViewExplore the area around 1500 E 40th St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Description

Come and fall in love with this beautiful updated home! Main floor offers two bedrooms, full bathroom, living room, and a kitchen with brand-new stainless-steel appliances. Lower level has two nonconforming bedrooms and a lot finished space to use as another living space. The space given by the attached and detached two-car garages makes this home perfect for car lovers with projects or for extra storage. Sitting in a corner lot, this home has a with a huge deck right outside that is perfect for having cookouts on sunny days.
1500 E 40th St, Des Moines, IA 50317 is a 2 bedroom, 2 bathroom, 786 sqft single-family home in Gray's Woods, built in 1976. It last sold for $157,000 on Feb 3, 2020. It is currently off market. The Trulia Estimate is $216,400, with a rent estimate of $1,291/month.

Home Highlights

Parking
Garage
Outdoor
Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago

Home Details for 1500 E 40th St

Interior Features

Interior Details
BasementNumber of Rooms: 4Types of Rooms: Dining Room
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Appliances & Utilities
DishwasherMicrowave
Fireplace & Spa
Fireplace
Levels, Entrance, & Accessibility
Floors: Laminate

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Cement ConcreteFoundation Type: Concrete
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 1976Year Updated: 2019
Property Type / Style
Property Type: Single Family HomeArchitecture: Ranch / Rambler

Community

Units in Building: 1

Lot Information

Lot Area: 7623 sqft

Price History for 1500 E 40th St

DatePriceEventSource
02/03/2020$157,000Sold
DMMLS #596327
01/02/2020$160,000PendingAgent Provided
12/18/2019$160,000Listed For SaleAgent Provided
04/26/2019$80,000Sold
DMMLS #576480
02/26/2019$99,000PendingAgent Provided
02/13/2019$99,000Listed For SaleAgent Provided
02/05/2008$56,000Sold
N/A

Market trends in Des Moines

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$211K
$5.03K
MoM
Sale-to-List Price
99.1%
0.4%
MoM
Price per sq ft
$191
$4
MoM
Available listings
1009
2
MoM
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Property Tax and Assessment

Year2025
Tax$4,354
Assessment$244,000
Home facts updated by county records

Comparable Sales for 1500 E 40th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.25
Single-Family Home
$260,000
09/26/25
2
1
741
Home facts updated by county records

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 1500 E 40th St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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...... "

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Homes for sale near 1500 E 40th St

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Off Market Homes Near 1500 E 40th St

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