655 48th St
Des Moines, IA 50312
2 bd 2 ba 1,112 sqft Built 1964 Lot 13,024 sqft single_family
Most recent sale
$327,900
Aug 24, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 24, 2022 | Sold | $327,900 | MLS #656099 |
| Jul 12, 2022 | Listed | $349,900 | MLS #656099 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $257,600 | $91,600 | $349,200 | $6,264 |
| 2023 | $238,900 | $83,400 | $322,300 | $5,848 |
| 2022 | $186,300 | $70,700 | $257,000 | $5,802 |
| 2021 | $186,300 | $70,700 | $257,000 | $5,514 |
| 2020 | $166,400 | $63,200 | $229,600 | $5,724 |
| 2019 | $166,400 | $63,200 | $229,600 | $5,410 |
| 2018 | $153,200 | $56,600 | $209,800 | $5,350 |
| 2017 | $153,200 | $56,600 | $209,800 | $4,852 |
| 2016 | $137,700 | $50,200 | $187,900 | $4,722 |
| 2015 | $137,700 | $50,200 | $187,900 | $4,568 |
| 2014 | $133,100 | $47,500 | $180,600 | $4,260 |
| 2013 | $133,100 | $47,500 | $180,600 | $4,102 |
| 2012 | $133,700 | $47,500 | $181,200 | $3,958 |
| 2011 | $133,700 | $47,500 | $181,200 | $3,762 |
| 2010 | $132,500 | $51,200 | $183,700 | $3,450 |
| 2009 | $132,500 | $51,200 | $183,700 | $3,364 |
| 2008 | $124,600 | $50,500 | $175,100 | $3,364 |
| 2007 | $124,600 | $50,500 | $175,100 | $3,168 |
Property facts
Year built
1964
Property type
single_family
Stories
—
Beds
2
Baths
2
Living area
1,112 sqft
Lot size
13,024 sqft
ZIP code
50312
City
Des Moines
Street
48th St
Coordinates
41.58845, -93.68252
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,668
Gross rental yield
6.10%
Implied cap rate
3.97%
Trend-extrapolated value
—
Frequently asked questions
When did 655 48th St last sell?
655 48th St most recently sold on Aug 24, 2022 for $327,900.
What is the current tax assessment for 655 48th St?
The most recent total assessment for 655 48th St (year 2025) is $349,200 with $6,264 in property tax.
How does 655 48th St's assessment compare to its last sale price?
The current assessment is 6.5% above the last sale price of $327,900.
When was 655 48th St built?
655 48th St was built in 1964.
How does 655 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 655 48th St?
655 48th St is a 2 bed, 2 bath, 1,112 sqft, 13,024 sqft lot single_family.
Is 655 48th St a flip candidate?
No — 655 48th St does not appear in our flips dataset.
Is 655 48th St a tax-appeal candidate?
No — 655 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
-0.8%
Implied 1-yr
-3.2%
2026 Q3
$435.1K
2026 Q4
$431.4K
ZIP 50312 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 48th St