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4509 2nd St

Des Moines, IA 50315

2 bd 1 ba 576 sqft Built 1956 Lot 12,415 sqft single_family
Most recent sale
$121,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 17, 2023 Listed for rent $1,200 Zumper
Mar 16, 2023 Listed for rent $1,200 Zumper
Mar 15, 2023 Listed for rent $1,200 RentFeeder
Jul 29, 2022 Sold $121,000 MLS #654487
Jun 20, 2022 Listed $119,900 MLS #654487
Sep 1, 2017 Sold $83,660 MLS #544788
Jul 26, 2017 Listed $79,900 MLS #544788

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $101,400 $39,300 $140,700 $2,508
2023 $90,400 $34,500 $124,900 $2,176
2022 $72,900 $28,300 $101,200 $2,158
2021 $72,900 $28,300 $101,200 $2,008
2020 $64,200 $24,900 $89,100 $2,082
2019 $64,200 $24,900 $89,100 $1,930
2018 $58,400 $21,900 $80,300 $1,992
2017 $53,000 $21,900 $74,900 $1,634
2016 $49,000 $19,900 $68,900 $1,586
2015 $49,000 $19,900 $68,900 $1,666
2014 $51,200 $20,200 $71,400 $1,636
2013 $51,200 $20,200 $71,400 $1,600
2012 $54,000 $21,200 $75,200 $1,472
2011 $54,000 $21,200 $75,200 $1,394
2010 $52,000 $20,300 $72,300 $1,384
2009 $52,000 $20,300 $72,300 $1,348
2008 $53,500 $21,400 $74,900 $1,348
2007 $53,500 $21,400 $74,900 $1,246

Property facts

Year built
1956
Property type
single_family
Stories
Beds
2
Baths
1
Living area
576 sqft
Lot size
12,415 sqft
ZIP code
50315
City
Des Moines
Street
2nd St
Coordinates
41.54324, -93.61710

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$864
Gross rental yield
8.57%
Implied cap rate
5.57%
Trend-extrapolated value

Frequently asked questions

When did 4509 2nd St last sell?
4509 2nd St most recently sold on Jul 29, 2022 for $121,000.
What is the current tax assessment for 4509 2nd St?
The most recent total assessment for 4509 2nd St (year 2025) is $140,700 with $2,508 in property tax.
How does 4509 2nd St's assessment compare to its last sale price?
The current assessment is 16.3% above the last sale price of $121,000.
When was 4509 2nd St built?
4509 2nd St was built in 1956.
How does 4509 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 4509 2nd St?
4509 2nd St is a 2 bed, 1 bath, 576 sqft, 12,415 sqft lot single_family.
Is 4509 2nd St a flip candidate?
No — 4509 2nd St does not appear in our flips dataset.
Is 4509 2nd St a tax-appeal candidate?
Yes — 4509 2nd St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

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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