1007 48th Ln
Ankeny, IA 50021
2 bd 3 ba 1,195 sqft Built 2005 Lot 784 sqft townhomes
Most recent sale
$170,000
Jun 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 12, 2025 | Sold | $174,000 | DesMoines |
| Jun 1, 2022 | Sold | $170,000 | MLS #649365 |
| Apr 8, 2022 | Listed | $170,000 | MLS #649365 |
| May 6, 2019 | Sold | $132,000 | MLS #577956 |
| Mar 14, 2019 | Listed | $130,000 | MLS #577956 |
| Sep 22, 2009 | Sold | $115,500 | Public Record |
| Sep 5, 2007 | Sold | $109,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $135,800 | $37,400 | $173,200 | $2,614 |
| 2023 | $126,500 | $34,000 | $160,500 | $2,888 |
| 2022 | $109,300 | $30,000 | $139,300 | $2,674 |
| 2021 | $109,300 | $30,000 | $139,300 | $2,542 |
| 2020 | $98,500 | $27,000 | $125,500 | $2,506 |
| 2019 | $98,500 | $27,000 | $125,500 | $2,596 |
| 2018 | $90,700 | $24,600 | $115,300 | $2,592 |
| 2017 | $90,700 | $24,600 | $115,300 | $2,494 |
| 2016 | $92,000 | $12,600 | $104,600 | $2,494 |
| 2015 | $92,000 | $12,600 | $104,600 | $2,418 |
| 2014 | $84,400 | $14,700 | $99,100 | $2,334 |
| 2013 | $84,400 | $14,700 | $99,100 | $2,238 |
| 2012 | $86,500 | $14,400 | $100,900 | $2,276 |
| 2011 | $86,500 | $14,400 | $100,900 | $2,128 |
| 2010 | $93,800 | $15,000 | $108,800 | $2,114 |
| 2009 | $93,800 | $15,000 | $108,800 | $2,142 |
| 2008 | $102,700 | $16,000 | $118,700 | $2,142 |
| 2007 | $102,700 | $16,000 | $118,700 | $406 |
Property facts
Year built
2005
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,195 sqft
Lot size
784 sqft
ZIP code
50021
City
Ankeny
Street
48th Ln
Coordinates
41.77057, -93.58186
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,793
Gross rental yield
12.66%
Implied cap rate
8.23%
Trend-extrapolated value
—
Frequently asked questions
When did 1007 48th Ln last sell?
1007 48th Ln most recently sold on Jun 1, 2022 for $170,000.
What is the current tax assessment for 1007 48th Ln?
The most recent total assessment for 1007 48th Ln (year 2025) is $173,200 with $2,614 in property tax.
How does 1007 48th Ln's assessment compare to its last sale price?
The current assessment is 1.9% above the last sale price of $170,000.
When was 1007 48th Ln built?
1007 48th Ln was built in 2005.
How does 1007 48th Ln compare to others on 48th Ln?
We track 8 other properties on 48th Ln. Browse the list under "Other properties on 48th Ln" to compare beds, baths, and sale history.
What are the property facts for 1007 48th Ln?
1007 48th Ln is a 2 bed, 3 bath, 1,195 sqft, 784 sqft lot townhomes.
Is 1007 48th Ln a flip candidate?
No — 1007 48th Ln does not appear in our flips dataset.
Is 1007 48th Ln a tax-appeal candidate?
No — 1007 48th Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.2%
Implied 1-yr
+0.8%
2026 Q3
$622.5K
2026 Q4
$622.5K
ZIP 50021 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 48th Ln