2602 48th St
Des Moines, IA 50317
3 bd 3 ba 1,618 sqft Built 2021 Lot 8,810 sqft single_family
Most recent sale
$69,900
Apr 29, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Nov 28, 2022 | Sold | $355,500 | Public Record |
| Oct 14, 2022 | Listed | $355,900 | MLS #662056 |
| Sep 23, 2022 | Price changed | $365,900 | MLS #654587 |
| Jul 29, 2022 | Price changed | $371,900 | MLS #654587 |
| Jun 21, 2022 | Listed | $381,900 | MLS #654587 |
| Apr 4, 2022 | Listed | $394,990 | MLS #648867 |
| Apr 29, 2021 | Sold | $69,900 | MLS #607843 |
| Jun 19, 2020 | Listed | $69,900 | MLS #607843 |
| Jun 17, 2019 | Listed | $69,900 | MLS #584960 |
| Dec 6, 2018 | Listed | $69,900 | MLS #573727 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $45,800 | $70,420 | $116,220 | $1,050 |
| 2023 | — | $61,520 | $61,520 | $1,384 |
| 2022 | — | $58,300 | $58,300 | $8 |
| 2020 | — | $350 | $350 | $8 |
| 2019 | — | $350 | $350 | $6 |
Property facts
Year built
2021
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,618 sqft
Lot size
8,810 sqft
ZIP code
50317
City
Des Moines
Street
48th St
Coordinates
41.61876, -93.51859
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$419
Gross rental yield
7.19%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2602 48th St last sell?
2602 48th St most recently sold on Apr 29, 2021 for $69,900.
What is the current tax assessment for 2602 48th St?
The most recent total assessment for 2602 48th St (year 2025) is $116,220 with $1,050 in property tax.
How does 2602 48th St's assessment compare to its last sale price?
The current assessment is 66.3% above the last sale price of $69,900.
When was 2602 48th St built?
2602 48th St was built in 2021.
How does 2602 48th St compare to others on 48th St?
We track 8 other properties on 48th St. Browse the list under "Other properties on 48th St" to compare beds, baths, and sale history.
What are the property facts for 2602 48th St?
2602 48th St is a 3 bed, 3 bath, 1,618 sqft, 8,810 sqft lot single_family.
Is 2602 48th St a flip candidate?
Yes — 2602 48th St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2602 48th St a tax-appeal candidate?
No — 2602 48th St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.6%
Implied 1-yr
-6.5%
2026 Q3
$201.6K
2026 Q4
$197.9K
ZIP 50317 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 48th St