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2406 38th St

Des Moines, IA 50310

2 bd 1 ba 1,146 sqft Built 1960 Lot 7,013 sqft single_family
Most recent sale
$150,000
Jul 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 18, 2022 Sold $150,000 MLS #654084
Jun 14, 2022 Listed $150,000 MLS #654084
Apr 27, 2018 Sold $89,900 MLS #552861
Feb 1, 2018 Price changed $89,900 MLS #552861
Jan 2, 2018 Listed $99,900 MLS #552861
Sep 5, 2015 Listing removed $102,000 DesMoines
Jul 27, 2015 Price changed $102,000 MLS #456689
Jun 18, 2015 Listed $108,000 MLS #456689

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $119,200 $40,000 $159,200 $2,932
2023 $109,900 $36,200 $146,100 $2,674
2022 $91,000 $31,300 $122,300 $2,650
2021 $91,000 $31,300 $122,300 $2,590
2020 $83,700 $28,700 $112,400 $2,686
2019 $83,700 $28,700 $112,400 $2,752
2018 $85,800 $25,100 $110,900 $2,718
2017 $85,800 $25,100 $110,900 $2,482
2016 $77,900 $22,400 $100,300 $2,414
2015 $77,900 $22,400 $100,300 $2,402
2014 $77,400 $21,700 $99,100 $2,236
2013 $77,400 $21,700 $99,100 $2,174
2012 $77,900 $21,600 $99,500 $2,194
2011 $77,900 $21,600 $99,500 $2,082
2010 $81,800 $22,800 $104,600 $1,870
2009 $81,800 $22,800 $104,600 $1,824
2008 $77,000 $21,500 $98,500 $1,824
2007 $77,000 $21,500 $98,500 $1,934

Property facts

Year built
1960
Property type
single_family
Stories
Beds
2
Baths
1
Living area
1,146 sqft
Lot size
7,013 sqft
ZIP code
50310
City
Des Moines
Street
38th St
Coordinates
41.61605, -93.66857

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
$1,719
Gross rental yield
13.75%
Implied cap rate
8.94%
Trend-extrapolated value

Frequently asked questions

When did 2406 38th St last sell?
2406 38th St most recently sold on Jul 18, 2022 for $150,000.
What is the current tax assessment for 2406 38th St?
The most recent total assessment for 2406 38th St (year 2025) is $159,200 with $2,932 in property tax.
How does 2406 38th St's assessment compare to its last sale price?
The current assessment is 6.1% above the last sale price of $150,000.
When was 2406 38th St built?
2406 38th St was built in 1960.
How does 2406 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 2406 38th St?
2406 38th St is a 2 bed, 1 bath, 1,146 sqft, 7,013 sqft lot single_family.
Is 2406 38th St a flip candidate?
No — 2406 38th St does not appear in our flips dataset.
Is 2406 38th St a tax-appeal candidate?
No — 2406 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
-4.7%
Implied 1-yr
-18.6%
2026 Q3
$173.4K
2026 Q4
$173.4K
ZIP 50310 — Median Price History + Forecast

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