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1042 38th St

Des Moines, IA 50311

2 bd 1 ba 955 sqft Built 1913 Lot 4,269 sqft single_family
Most recent sale
$125,000
Jun 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 8, 2024 Listed for rent $1,250 TenantTurner
Jan 6, 2024 Listed for rent $1,250 RentFeeder
Dec 30, 2022 Listed for rent $1,225 Zumper
Dec 29, 2022 Listed for rent $1,225 RentFeeder
Jun 8, 2022 Sold $125,000 MLS #651825
May 12, 2022 Listed $125,000 MLS #651825
Apr 19, 2021 Sold $95,000 MLS #625329
Mar 30, 2021 Listed $95,000 MLS #625329

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $94,100 $31,200 $125,300 $2,176
2023 $80,200 $28,200 $108,400 $2,786
2022 $93,400 $24,800 $118,200 $2,764
2021 $93,400 $24,800 $118,200 $2,430
2020 $83,700 $22,300 $106,000 $2,520
2019 $83,700 $22,300 $106,000 $2,262
2018 $73,300 $19,400 $92,700 $2,234
2017 $73,300 $19,400 $92,700 $2,068
2016 $67,300 $17,700 $85,000 $2,010
2015 $67,300 $17,700 $85,000 $1,894
2014 $63,400 $16,600 $80,000 $1,820
2013 $63,400 $16,600 $80,000 $1,750
2012 $63,200 $16,600 $79,800 $1,708
2011 $63,200 $16,600 $79,800 $1,536
2010 $59,600 $15,500 $75,100 $1,454
2009 $59,600 $15,500 $75,100 $1,306
2008 $54,600 $16,500 $71,100 $1,272
2007 $54,600 $16,500 $71,100 $1,098

Property facts

Year built
1913
Property type
single_family
Stories
2
Beds
2
Baths
1
Living area
955 sqft
Lot size
4,269 sqft
ZIP code
50311
City
Des Moines
Street
38th St
Coordinates
41.59701, -93.66848

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,433
Gross rental yield
13.76%
Implied cap rate
8.94%
Trend-extrapolated value

Frequently asked questions

When did 1042 38th St last sell?
1042 38th St most recently sold on Jun 8, 2022 for $125,000.
What is the current tax assessment for 1042 38th St?
The most recent total assessment for 1042 38th St (year 2025) is $125,300 with $2,176 in property tax.
How does 1042 38th St's assessment compare to its last sale price?
The current assessment is 0.2% above the last sale price of $125,000.
When was 1042 38th St built?
1042 38th St was built in 1913.
How does 1042 38th St compare to others on 38th St?
We track 8 other properties on 38th St. Browse the list under "Other properties on 38th St" to compare beds, baths, and sale history.
What are the property facts for 1042 38th St?
1042 38th St is a 2 bed, 1 bath, 955 sqft, 4,269 sqft lot single_family.
Is 1042 38th St a flip candidate?
Yes — 1042 38th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1042 38th St a tax-appeal candidate?
No — 1042 38th 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
-1.8%
Implied 1-yr
-7.0%
2026 Q3
$210K
2026 Q4
$205.8K
ZIP 50311 — Median Price History + Forecast

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