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New construction
  • $298,000

    2505 E 40th St, Des Moines, IA 50317

    3beds
    1,261sqft
    : 
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    Single Family Residence
    Built in 2025
    9,452 Square Feet Lot
    $-- Zestimate®
    $236/sqft
    $-- HOA

    What's special

    Wonderful privacyCrisp modern finishesBeautiful lvp flooringContemporary fixturesCovered back porchGreat front porch
    Welcome home to a quiet and welcoming neighborhood on the desirable East side of Des Moines! This is a rare opportunity to own a brand-new construction home, thoughtfully designed with today's buyer in mind. This stunning residence features an ideal layout with 3 spacious bedrooms and 2 full bathrooms, all showcasing crisp, modern finishes, including beautiful LVP flooring and contemporary fixtures that create a bright, airy atmosphere. The property sits on a nice-sized lot with a yard, perfect for pets, play, or gardening. Imagine beginning and ending your days in tranquility, sipping coffee on your great front porch or hosting a gathering on the covered back porch, which provides wonderful privacy and an ideal space for grilling and outdoor dining. Location is key! You are perfectly centered between the thriving communities of Altoona, Pleasant Hill, and Downtown Des Moines. This prime spot guarantees easy and quick access to major highways, making work commutes simple and providing endless choices for dining, entertainment, and shopping. A new construction home, loaded with features, and priced under $300,000? This is an incredible value you won't find often. Don't wait to see this one; it is truly move-in ready and will not last long!
    90 days
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    248
    |
    11
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    Zillow last checked:

    Listing updated:

    Listed by:

    Bill Ludwig (515)520-9682,

    RE/MAX Concepts,

    Sue Sutton-Ludwig 515-250-3126,

    RE/MAX Concepts

    Source: DMMLS,MLS#: 738464MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 3/4 bathrooms: 1
      • Main level bedrooms: 3
      Heating
      • Forced Air, Gas, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Microwave, Refrigerator, Stove
      • Laundry: Main Level
      Features
      • Dining Area, Eat-in Kitchen
      Interior area
      • Total structure area: 1,261
      • Total interior livable area: 1,261 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Attached, Garage, Two Car Garage
      • Attached garage spaces: 2
      Features
      • Stories: 1
      • Patio & porch: Covered, Patio
      • Exterior features: Patio
      Lot
      • Size: 9,452 Square Feet
      • Dimensions: 75 x 126
      • Features: Rectangular Lot
      Details
      • Parcel number: 06003962000000
      • Zoning: Res

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Cement Siding
      • Foundation: Poured, Slab
      • Roof: Asphalt,Shingle
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2025
      Details
      • Builder name: Stam LLP
      • Warranty included: Yes

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Fire Alarm
      HOA
      • Has HOA: No
      Location
      • Region: Des Moines

      Financial & listing details

      • Price per square foot: $236/sqft
      • Tax assessed value: $118,300
      • Annual tax amount: $100
      • Date on market: 4/15/2026
      • Cumulative days on market: 215 days
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Road surface type: Concrete

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        11/25/2025Listed for sale$298,000+751.4%$236/sqft
        Source: DMMLS #730983 Report a problem
        11/10/2023Sold$35,000-12.5%$28/sqft
        Source: DMMLS #683215 Report a problem
        10/19/2023Pending sale$40,000$32/sqft
        Source: DMMLS #683215 Report a problem
        10/6/2023Listed for sale$40,000$32/sqft
        Source: DMMLS #683215 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$100 +2%$118,300 +2266%
        2024$98 -3.9%$5,000
        2023$102 +2%$5,000 +16.3%
        2022$100 +2%$4,300
        2021$98 -3.9%$4,300 +10.3%
        2020$102 +10.9%$3,900
        2019$92 +2.2%$3,900 +14.7%
        2018$90 $3,400
        2017$90 +9.8%$3,400 +9.7%
        2016$82 $3,100
        2015$82 +7.9%$3,100 +3.3%
        2014$76 $3,000
        2013-- $3,000
        2012-- $3,000
        2011-- $3,000 -6.3%
        2010-- $3,200
        2009-- $3,200 -3%
        2008-- $3,300
        2007-- $3,300 -80.4%
        2006-- $16,800
        2005-- $16,800 +12.6%
        2003-- $14,920 +15.6%
        2002-- $12,910
        2001-- $12,910
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Sheridan Gardens

        Getting around

        25 / 100
        Car-Dependent
        26 / 100
        Some Transit
        30 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Des Moines Independent

        Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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