Looking for a great starter home or investment property in the Beaverdale area? This home has a lot of potential! 3 Br, 1 BA home, on a quiet street. Needs some work but priced accordingly. Perfect for student rental property close to campus & activity. This is a Fannie Mae HomePath property. Purchase this home for as little as 3% down! Eligibility restrictions apply. This property is approved for HomePath Mortgage Financing. This property is approved for HomePath Renovation Mortgage Financing. Home has discoloration.
Single-familyProperty Type
1924Year Built
7,000 sq ftLot Size
$205Est. Price/Sq.Ft.
Listed by Marlea DePenning• BHHS First Realty Westown
Listed by Wayne DePenning• BHHS First Realty Westown
Bought with Anthony Schubert• RE/MAX Concepts
Source:DMMLS #398227
Redfin Estimate
$198,374
$111K since sold in September 2021$0 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 10.7% lower than the average sale price ($222K) of 6 comparable homes.
Looking for a great starter home or investment property in the Beaverdale area? This home has a lot of potential! 3 Br, 1 BA home, on a quiet street. Needs some work but priced accordingly. Perfect for student rental property close to campus & activity. This is a Fannie Mae HomePath property. Purchase this home for as little as 3% down! Eligibility restrictions apply. This property is approved for HomePath Mortgage Financing. This property is approved for HomePath Renovation Mortgage Financing. Home has discoloration.
DMMLS #280899
Apr 26, 2006
Listed
$50,000
$52/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$2,610 (−2.7%)
$45,600 + $134,100
$179,700
2024
$2,682 (−10.7%)
$41,000 + $121,400
$162,400
2023
$3,002 (+0.9%)
$41,000 + $121,400
$162,400
2022
$2,976 (+3.4%)
$36,200 + $103,400
$139,600
2021
$2,878 (−6.3%)
$36,200 + $103,400
$139,600
2020
$3,070 (+8.5%)
$36,200 + $103,400
$139,600
2019
$2,830 (+1.2%)
$33,100 + $94,100
$127,200
2018
$2,796 (+12.7%)
$33,100 + $94,100
$127,200
2017
$2,482 (+13.2%)
$29,500 + $84,300
$113,800
2016
$2,192 (−3.5%)
$25,800 + $74,500
$100,300
2013
$2,272
$23,400 + $67,800
$91,200
Tax history for 2001 40th St
Year
Property tax
Land + Additions
Assessment*
2025
$2,610 (−2.7%)
$45,600 + $134,100
$179,700
2024
$2,682 (−10.7%)
$41,000 + $121,400
$162,400
2023
$3,002 (+0.9%)
$41,000 + $121,400
$162,400
2022
$2,976 (+3.4%)
$36,200 + $103,400
$139,600
2021
$2,878 (−6.3%)
$36,200 + $103,400
$139,600
2020
$3,070 (+8.5%)
$36,200 + $103,400
$139,600
2019
$2,830 (+1.2%)
$33,100 + $94,100
$127,200
2018
$2,796 (+12.7%)
$33,100 + $94,100
$127,200
2017
$2,482 (+13.2%)
$29,500 + $84,300
$113,800
2016
$2,192 (−3.5%)
$25,800 + $74,500
$100,300
2013
$2,272
$23,400 + $67,800
$91,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning and permits
Zoning
Permits
N4
Neighborhood District
N4 is intended to preserve the scale and character of residential neighborhoods developed predominantly with a mix of cottages, constructed mainly of masonry or stone pursuant to House C building type in section 135-2.15 of this code.
Permitted uses
Include but are not limited to:
Housing-Single unit
Infrastructure
Jan 26, 2023 • Final
Mechanical (residential) - hvac changeout
HVAC
Nov 28, 2018 • Final
Tidemark import - ele
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Basement Information
Basement Sq. Ft: 271
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Air Conditioning Type: Central
Heating Type: Forced Air Gas
Room Information
# of Rooms: 6
Exterior
Exterior Information
Physical Condition: Very Good
Foundation Type: Concrete Block
Building Style Type: Bungalow
Exterior Wall: Vinyl
Roof Shape Type: Gable
Building Type: Single Family
Property Information
Subdivision Name: FAIR ACRES
Living Sq. Ft: 968
Building Sq. Ft: 1,239
# of Stories: 1
Stories Type: 1
Legal Description: LOT 39 FAIRACRES
Lot Information
# of Buildings: 1
Land Sq. Ft: 7,000
Legal Lot Number: 39
Municipality Type: DES MOINES
Acres: 0.161
Depth Footage: 140
Front Footage: 50
County Use Description: SINGLE FAMILY
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 1.0
Sq. Ft.: 968
Stories: 1.0
Lot Size: 7,000 square feet
Style: Single Family Residential
Year Built: 1924
Year Renovated: —
County: Polk County
APN: 10004573000000
Home facts updated by county records on Jul 10, 2026
Around this home
Schools
Perkins Elementary School
Public K-5 • Assigned • 0.5mi
3/10
Merrill Middle School
Public 6-8 • Assigned • 2.2mi
7/10
Roosevelt High School
Public 9-12 • Assigned • 1.4mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 103° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Des Moines, IA • 50310
Average low and high temperatures (°F)
31
14
40
20
59
35
64
45
75
52
83
64
86
69
83
65
81
59
71
49
50
34
38
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 4.1 hours in December, which is comparable to the
U.S. average for solar exposure.
10.3 hrs
4.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$189,000 – $229,000
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