2506 E 40th Ct
Des Moines, IA 50317
Sheridan Gardens- 2 Beds
- 1 Bath
- 1,170 sqft (on 0.29 acres)
$143,000
Last Sold: May 29, 2026
2% over list $140K
$122/sqft
Est. Refi. Payment $980/mo*
$143,000
Last Sold: May 29, 2026
2% over list $140K
$122/sqft
Est. Refi. Payment $980/mo*
2 Beds
1 Bath
1,170 sqft
(on 0.29 acres)
Local Information
-- mins to
Description
Great investment, flip, or first-time homebuyer opportunity in the heart of Des Moines! This 2-bedroom, 1-bath bungalow sits on a quiet double lot in a great neighborhood with convenient access to schools and the interstate. Featuring solid bones and a functional layout, this home is ready for your personal touch and updates. One of the original bedrooms has been thoughtfully converted into an oversized bathroom. The full basement offers plenty of storage and additional usable space. Enjoy the beautiful enclosed front porch! Outside, you’ll find an oversized parking slab, mature trees, nice landscaping, and extra exterior storage. A great value with tons of potential!
2506 E 40th Ct, Des Moines, IA 50317 is a 2 bedroom, 1 bathroom, 1,170 sqft single-family home in Sheridan Gardens, built in 1917. It last sold for $143,000 on May 29, 2026 (2% above the $140,000 asking price). It is currently off market. The Trulia Estimate is $143,100, with a rent estimate of $1,507/month.
Home Highlights
Parking
No Info
Outdoor
Porch
A/C
Heating only
HOA
None
Price/Sqft
$122/sqft
Listed
41 days ago
Home Details for 2506 E 40th Ct
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Interior Details Basement: Partially Finished |
Beds & Baths Number of Bedrooms: 2Main Level Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1 |
Dimensions and Layout Living Area: 1170 Square Feet |
Heating & Cooling Heating: Forced Air,GasHas HeatingHeating Fuel: Forced Air |
Windows, Doors, Floors & Walls Flooring: Hardwood |
Levels, Entrance, & Accessibility Stories: 1Floors: Hardwood |
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Exterior Home Features Roof: Asphalt ShinglePatio / Porch: Porch, ScreenedOther Structures: StorageExterior: Enclosed Porch, StorageFoundation: Poured |
Frontage Road Surface Type: ConcreteNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 6 |
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Year Built Year Built: 1917 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Property Information Parcel Number: 06003926001000 |
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Price List Price: $140,000Price Per Sqft: $122/sqft |
Status Change & Dates Off Market Date: Thu May 07 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: 1170 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: 0.29 acres |
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Listing Terms: Cash, Conventional, FHA, VA Loan |
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BasementMls Number: 739035Living Area Range Units: Square FeetAttribution Contact: (515) 210-5294Above Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-19153-N-06003926001000-R-N |
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Days On Market Replication: 6 |
Last check for updates: about 9 hours ago
Listed by Hannah Reysack, (515) 210-5294
Caliber Realty
Bought with: Joanne May, (515) 979-4279, RE/MAX Concepts
Originating MLS: Des Moines Area Association of REALTORS
Source: DMMLS, MLS#739035

Price History for 2506 E 40th Ct
| Date | Price | Event | Source |
|---|---|---|---|
| 05/29/2026 | $143,000 | Sold | DMMLS #739035 |
| 05/07/2026 | $140,000 | Pending | DMMLS #739035 |
| 04/23/2026 | $140,000 | Listed For Sale | DMMLS #739035 |
| 02/19/2008 | $94,500 | Sold | N/A |
| 11/21/2007 | $100,000 | Listed For Sale | Agent Provided |
Market trends in Des Moines
Last updated June 2026
Avg. sale price
$211K
$5.03KMoM
Sale-to-List Price
99.1%
0.4%MoM
Price per sq ft
$191
$4MoM
Available listings
1009
2MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | |
| Assessment | $173,700 |
Home facts updated by county records
Comparable Sales for 2506 E 40th Ct
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.26 | Single-Family Home | $153,000 | 04/24/26 | 2 | 1 | 1,110 | |
0.14 | Single-Family Home | $159,500 | 08/27/25 | 2 | 1 | 864 | |
0.30 | Single-Family Home | $159,900 | 03/26/26 | 2 | 1 | 780 | |
0.16 | Single-Family Home | $212,000 | 06/01/26 | 3 | 1 | 1,123 | |
0.15 | Single-Family Home | $177,000 | 10/07/25 | 2 | 1 | 816 | |
0.15 | Single-Family Home | $170,000 | 07/13/26 | 2 | 1 | 720 | |
0.23 | Single-Family Home | $169,000 | 04/06/26 | 2 | 1 | 926 | |
0.26 | Single-Family Home | $150,000 | 03/31/26 | 2 | 1 | 768 | |
0.17 | Single-Family Home | $169,500 | 09/08/25 | 3 | 1 | 910 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 2506 E 40th Ct.
What Locals Say about Sheridan Gardens
At least 31 Trulia users voted on each feature.
97 % Say yards are well-kept
94 % Say there are sidewalks
86 % Say kids play outside
84 % Say it's dog friendly
84 % Say parking is easy
76 % Say streets are well-lit
74 % Say car is needed
67 % Say there's holiday spirit
62 % Say people would walk alone at night
57 % Say it's quiet
55 % Say they plan to stay for at least 5 years
50 % Say neighbors are friendly
32 % Say there's wildlife
26 % Say it's walkable to grocery stores
21 % Say it's walkable to restaurants
19 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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