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702 38th St

Des Moines, IA 50312

3 bd 1 ba 1,456 sqft Built 1911 Lot 8,712 sqft single_family
Most recent sale
$240,000
Jun 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 15, 2022 Sold $240,000 MLS #648825
Apr 1, 2022 Listed $240,000 MLS #648825
May 14, 2020 Sold $220,000 Public Record
Nov 16, 2006 Sold $148,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $191,500 $49,900 $241,400 $4,342
2023 $172,000 $44,300 $216,300 $4,678
2022 $156,400 $42,100 $198,500 $4,434
2021 $156,400 $42,100 $198,500 $4,278
2020 $141,600 $38,400 $180,000 $5,108
2019 $167,400 $38,400 $205,800 $4,608
2018 $146,800 $33,200 $180,000 $4,556
2017 $146,800 $33,200 $180,000 $4,062
2016 $129,500 $29,200 $158,700 $3,952
2015 $129,500 $29,200 $158,700 $3,788
2014 $123,700 $27,600 $151,300 $3,514
2013 $123,700 $27,600 $151,300 $3,392
2012 $123,500 $27,600 $151,100 $3,480
2011 $123,500 $27,600 $151,100 $3,304
2010 $131,400 $30,800 $162,200 $2,842
2009 $131,400 $30,800 $162,200 $2,930
2008 $114,200 $31,400 $145,600 $2,930
2007 $114,200 $31,400 $145,600 $2,394

Property facts

Year built
1911
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,456 sqft
Lot size
8,712 sqft
ZIP code
50312
City
Des Moines
Street
38th St
Coordinates
41.59011, -93.66869

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
$2,184
Gross rental yield
10.92%
Implied cap rate
7.10%
Trend-extrapolated value

Frequently asked questions

When did 702 38th St last sell?
702 38th St most recently sold on Jun 15, 2022 for $240,000.
What is the current tax assessment for 702 38th St?
The most recent total assessment for 702 38th St (year 2025) is $241,400 with $4,342 in property tax.
How does 702 38th St's assessment compare to its last sale price?
The current assessment is 0.6% above the last sale price of $240,000.
When was 702 38th St built?
702 38th St was built in 1911.
How does 702 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 702 38th St?
702 38th St is a 3 bed, 1 bath, 1,456 sqft, 8,712 sqft lot single_family.
Is 702 38th St a flip candidate?
No — 702 38th St does not appear in our flips dataset.
Is 702 38th St a tax-appeal candidate?
No — 702 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
-0.8%
Implied 1-yr
-3.2%
2026 Q3
$435.1K
2026 Q4
$431.4K
ZIP 50312 — Median Price History + Forecast

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