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Single Family ResidenceResidential
$285,077$183 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 92How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Sep 24, 2026
Last sold for $206,500 on May 28, 2019

4040 WALLACE LN

DES MOINES, IA 50310
3
Beds
1
Baths
1,562 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.13 ac
Lot SizeThe size of the land the home sits on, from county records.
1938
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
7
RoomsThe total room count in county records. Counties differ on which rooms they count, so compare it loosely.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$285K
$261K low$309K high
Last SaleThe most recent sale price and date from the recorded deed. Transfers between family members or companies may not reflect market value.$206,500 · May 28, 2019

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$4,598 (2024)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$265,600 (2025)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$45,700
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$219,900
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$239,300
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$265,600

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.19 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyPolk
Effective Year BuiltAn adjusted build year that accounts for condition and major remodels. A big renovation can make a home count as newer than it is.1950
Lot (acres)The size of the land the home sits on, from county records.0.13
FoundationWhat the home is built on, such as a concrete slab, a crawl space, or a basement.Brick (Unspecified)
RoofThe main material covering the roof, such as asphalt shingle or tile.Asphalt
HeatingThe type of heating system in the home.Forced Air
CoolingThe type of cooling or air conditioning in the home.Yes
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Basement
PoolWhether the property has a pool, and what kind, such as in-ground.No

Transaction History(4)

Sales and refinances filed with the county for this home. Not every transfer is a normal sale, so check the type before comparing prices.

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

M
Meredith Middle SchoolF
Middle · Grades 6–8 · 0.9 mi
E
Moore Elementary SchoolD-
Elementary · Grades KG–5 · 0.9 mi
H
Hoover High SchoolF
High · Grades 9–12 · 1.0 mi

District: Des Moines Independent Community School District

Neighborhood · ZIP 50310These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.93
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.100
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.12

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.95%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.27%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.9.5%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.0%
PopulationHow many people live in this area.32,532
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.4,000 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$73,502
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$87,153
Average tempThe average temperature here across a full year.50°F
Annual precipHow much rain and melted snow falls here in a typical year.34 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.59%

Owner Tools

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Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

4040 Wallace Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth more than 78% of homes in Des Moines 50310
  • Bigger than 76% of homes in Des Moines 50310
  • Has a smaller lot than 96% of homes in Des Moines 50310
  • Older than 83% of homes in Polk County

What homes are worth in Des Moines 50310

Each bar is how many homes fall in that price range. The marker is this home.

This home
$113K$413K

This home is worth more than 78% of homes in Des Moines 50310.

How it measures up in Des Moines 50310

The dot is this home. The mark in the middle is the typical home in Des Moines 50310.

Estimated value$285,077
CheaperTypical $230,639Pricier

Pricier than 78% of homes nearby

Price per ft²$183
CheaperTypical $191Pricier

Pricier than 42% of homes nearby

Living area1,562 ft²
SmallerTypical 1,207 ft²Bigger

Bigger than 76% of homes nearby

Lot size0.13 ac
SmallerTypical 0.19 acBigger

Bigger than 4% of homes nearby

Year built1938
OlderTypical 1950Newer

Newer than 25% of homes nearby

How 4040 Wallace Ln ranks against every home in each area.
MeasureThis homeBeaverdaleDes Moines 50310Polk County
Estimated valuepricier than$285,07763% of homes78% of homes52% of homes
Price per ft²pricier than$18337% of homes42% of homes42% of homes
Living areabigger than1,562 ft²66% of homes76% of homes59% of homes
Lot sizebigger than0.13 ac5% of homes4% of homes12% of homes
Year builtnewer than193840% of homes25% of homes17% of homes

About 4040 Wallace Ln

How much is 4040 Wallace Ln, Des Moines, IA worth?

The TopHap Estimate for 4040 Wallace Ln, Des Moines, IA is $285,077 as of Sep 24, 2026. The likely range is $261,165 to $308,989. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 4040 Wallace Ln, Des Moines, IA last sell?

4040 Wallace Ln, Des Moines, IA last sold on May 28, 2019 for $206,500, according to the county's recorded deed. TopHap holds 4 recorded sales for this parcel.

How big is 4040 Wallace Ln, Des Moines, IA?

4040 Wallace Ln, Des Moines, IA has 3 bedrooms, 1 bathrooms, 1,562 square feet of living space and a 0.13-acre lot.

When was 4040 Wallace Ln, Des Moines, IA built?

4040 Wallace Ln, Des Moines, IA was built in 1938, making it 88 years old. The building has 1 story.

What schools serve 4040 Wallace Ln, Des Moines, IA?

4040 Wallace Ln, Des Moines, IA is assigned to Meredith Middle School (middle), rated F; Moore Elementary School (elementary), rated D-; Hoover High School (high), rated F. All sit in Des Moines Independent Community School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 4040 Wallace Ln, Des Moines, IA compare to other homes in Des Moines 50310?

Among the 10,938 homes in Des Moines 50310, it is worth more than 78% of them ($285,077 against a typical $230,639), its price per square foot is higher than 42% of them ($183 against a typical $191), it is bigger than 76% of them (1,562 ft² against a typical 1,207 ft²), its lot is bigger than 4% of them (0.13 ac against a typical 0.19 ac) and it is newer than 25% of them (1938 against a typical 1950). Measured against all of Polk County, it is worth more than 52% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 4040 Wallace Ln, Des Moines, IA?

The 2024 property tax bill for 4040 Wallace Ln, Des Moines, IA was $4,598. The county assessed it at $265,600.

More homes on Wallace Ln

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