1008 48th Ln
Ankeny, IA 50021
2 bd 3 ba 1,238 sqft Built 2016 Lot 697 sqft townhomes
Most recent sale
$194,750
Jun 21, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 21, 2022 | Sold | $194,750 | MLS #651352 |
| May 6, 2022 | Listed | $192,500 | MLS #651352 |
| Aug 26, 2016 | Sold | $144,500 | MLS #518103 |
| Jun 24, 2016 | Price changed | $145,250 | MLS #518103 |
| May 23, 2016 | Listed | $144,500 | MLS #518103 |
| Apr 17, 2014 | Sold | $532,000 | Public Record |
| Jul 13, 2010 | Sold | $462,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $169,700 | $34,000 | $203,700 | $3,090 |
| 2023 | $156,900 | $30,900 | $187,800 | $3,166 |
| 2022 | $134,300 | $27,300 | $161,600 | $3,060 |
| 2021 | $134,300 | $27,300 | $161,600 | $2,868 |
| 2020 | $119,200 | $24,600 | $143,800 | $2,826 |
| 2019 | $119,200 | $24,600 | $143,800 | $2,742 |
| 2018 | $111,200 | $22,300 | $133,500 | $2,730 |
| 2017 | $111,200 | $22,300 | $133,500 | $240 |
| 2016 | — | $10,100 | $10,100 | $240 |
| 2015 | — | $10,100 | $10,100 | $288 |
| 2014 | — | $11,800 | $11,800 | $2 |
| 2013 | — | $50 | $50 | $256 |
| 2012 | — | $50 | $50 | $250 |
| 2011 | — | $11,500 | $11,500 | $250 |
| 2010 | — | $12,000 | $12,000 | $250 |
Property facts
Year built
2016
Property type
townhomes
Stories
2
Beds
2
Baths
3
Living area
1,238 sqft
Lot size
697 sqft
ZIP code
50021
City
Ankeny
Street
48th Ln
Coordinates
41.77081, -93.58169
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
$1,857
Gross rental yield
11.44%
Implied cap rate
7.44%
Trend-extrapolated value
—
Frequently asked questions
When did 1008 48th Ln last sell?
1008 48th Ln most recently sold on Jun 21, 2022 for $194,750.
What is the current tax assessment for 1008 48th Ln?
The most recent total assessment for 1008 48th Ln (year 2025) is $203,700 with $3,090 in property tax.
How does 1008 48th Ln's assessment compare to its last sale price?
The current assessment is 4.6% above the last sale price of $194,750.
When was 1008 48th Ln built?
1008 48th Ln was built in 2016.
How does 1008 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 1008 48th Ln?
1008 48th Ln is a 2 bed, 3 bath, 1,238 sqft, 697 sqft lot townhomes.
Is 1008 48th Ln a flip candidate?
No — 1008 48th Ln does not appear in our flips dataset.
Is 1008 48th Ln a tax-appeal candidate?
No — 1008 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