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228 College Ave

Des Moines, IA 50314

2 bd 1 ba 768 sqft Built 1924 Lot 3,311 sqft single_family
Most recent sale
$123,000
Sep 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 1, 2022 Sold $123,000 MLS #656824
Jul 21, 2022 Listed $120,000 MLS #656824
Feb 28, 2020 Sold $20,000 MLS #598245
Jan 30, 2020 Listed $20,000 MLS #598245

Tax assessment history

YearBuildingLandTotal assessedTax paid
2022 $38,100 $3,300 $41,400 $968
2021 $38,100 $3,300 $41,400 $874
2020 $32,100 $2,900 $35,000 $908
2019 $32,100 $2,900 $35,000 $912
2018 $31,100 $2,800 $33,900 $902
2017 $31,100 $2,800 $33,900 $828
2016 $28,000 $2,600 $30,600 $806
2015 $28,000 $2,600 $30,600 $834
2014 $28,700 $2,700 $31,400 $812
2013 $28,700 $2,700 $31,400 $774
2012 $30,100 $2,700 $32,800 $700
2011 $30,100 $2,700 $32,800 $668
2010 $28,900 $2,500 $31,400 $680
2009 $28,900 $2,500 $31,400 $664
2008 $30,400 $2,600 $33,000 $664
2007 $30,400 $2,600 $33,000 $766

Property facts

Year built
1924
Property type
single_family
Stories
Beds
2
Baths
1
Living area
768 sqft
Lot size
3,311 sqft
ZIP code
50314
City
Des Moines
Street
College Ave
Coordinates
41.60751, -93.62130

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
$1,152
Gross rental yield
11.24%
Implied cap rate
7.31%
Trend-extrapolated value

Frequently asked questions

When did 228 College Ave last sell?
228 College Ave most recently sold on Sep 1, 2022 for $123,000.
What is the current tax assessment for 228 College Ave?
The most recent total assessment for 228 College Ave (year 2022) is $41,400 with $968 in property tax.
How does 228 College Ave's assessment compare to its last sale price?
The current assessment is 66.3% below the last sale price of $123,000.
When was 228 College Ave built?
228 College Ave was built in 1924.
How does 228 College Ave compare to others on College Ave?
We track 8 other properties on College Ave. Browse the list under "Other properties on College Ave" to compare beds, baths, and sale history.
What are the property facts for 228 College Ave?
228 College Ave is a 2 bed, 1 bath, 768 sqft, 3,311 sqft lot single_family.
Is 228 College Ave a flip candidate?
No — 228 College Ave does not appear in our flips dataset.
Is 228 College Ave a tax-appeal candidate?
No — 228 College Ave 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
+6.4%
Implied 1-yr
+25.6%
2026 Q3
$358.1K
2026 Q4
$358.1K
ZIP 50314 — Median Price History + Forecast

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