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4020 1st St

Des Moines, IA 50315

3 bd 1 ba 904 sqft Built 1948 Lot 7,187 sqft single_family
Most recent sale
$140,634
Sep 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 20, 2022 Sold $140,634 MLS #657940
Aug 8, 2022 Listed $145,000 MLS #657940
Jun 29, 2009 Listed $49,900 MLS #349516
Mar 18, 2005 Sold $82,500 Public Record
Sep 21, 2004 Sold $46,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $116,200 $29,000 $145,200 $1,920
2023 $102,700 $25,300 $128,000 $2,248
2022 $74,700 $20,700 $95,400 $2,232
2021 $74,700 $20,700 $95,400 $2,326
2020 $73,100 $20,100 $93,200 $2,416
2019 $73,100 $20,100 $93,200 $2,204
2018 $64,600 $17,400 $82,000 $2,182
2017 $64,600 $17,400 $82,000 $2,006
2016 $58,700 $15,500 $74,200 $1,956
2015 $58,700 $15,500 $74,200 $1,990
2014 $59,500 $15,400 $74,900 $1,868
2013 $59,500 $15,400 $74,900 $1,780
2012 $60,000 $15,400 $75,400 $1,776
2011 $60,000 $15,400 $75,400 $1,690
2010 $63,000 $16,600 $79,600 $1,548
2009 $63,000 $16,600 $79,600 $1,512
2008 $59,300 $15,800 $75,100 $1,512
2007 $59,300 $15,800 $75,100 $1,502

Property facts

Year built
1948
Property type
single_family
Stories
Beds
3
Baths
1
Living area
904 sqft
Lot size
7,187 sqft
ZIP code
50315
City
Des Moines
Street
1st St
Coordinates
41.54732, -93.61524

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,356
Gross rental yield
11.57%
Implied cap rate
7.52%
Trend-extrapolated value

Frequently asked questions

When did 4020 1st St last sell?
4020 1st St most recently sold on Sep 20, 2022 for $140,634.
What is the current tax assessment for 4020 1st St?
The most recent total assessment for 4020 1st St (year 2025) is $145,200 with $1,920 in property tax.
How does 4020 1st St's assessment compare to its last sale price?
The current assessment is 3.2% above the last sale price of $140,634.
When was 4020 1st St built?
4020 1st St was built in 1948.
How does 4020 1st St compare to others on 1st St?
We track 8 other properties on 1st St. Browse the list under "Other properties on 1st St" to compare beds, baths, and sale history.
What are the property facts for 4020 1st St?
4020 1st St is a 3 bed, 1 bath, 904 sqft, 7,187 sqft lot single_family.
Is 4020 1st St a flip candidate?
No — 4020 1st St does not appear in our flips dataset.
Is 4020 1st St a tax-appeal candidate?
No — 4020 1st St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.8%
Implied 1-yr
-3.3%
2026 Q3
$222.1K
2026 Q4
$220.2K
ZIP 50315 — Median Price History + Forecast

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