1602 Elder Ln
Des Moines, IA 50315
3 bd 2 ba 1,324 sqft Built 1951 Lot 10,498 sqft single_family
Most recent sale
$186,000
Aug 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 1, 2022 | Sold | $186,000 | MLS #654660 |
| Jun 22, 2022 | Listed | $183,000 | MLS #654660 |
| Aug 22, 2013 | Sold | $123,500 | Public Record |
| Sep 21, 2010 | Sold | $123,450 | Public Record |
| Sep 1, 2009 | Sold | $68,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $163,700 | $43,600 | $207,300 | $3,724 |
| 2023 | $147,100 | $38,400 | $185,500 | $3,406 |
| 2022 | $121,000 | $32,400 | $153,400 | $3,378 |
| 2021 | $121,000 | $32,400 | $153,400 | $3,376 |
| 2020 | $113,700 | $30,200 | $143,900 | $3,502 |
| 2019 | $113,700 | $30,200 | $143,900 | $3,374 |
| 2018 | $106,500 | $27,600 | $134,100 | $3,336 |
| 2017 | $106,500 | $27,600 | $134,100 | $2,998 |
| 2016 | $95,200 | $24,200 | $119,400 | $2,916 |
| 2015 | $95,200 | $24,200 | $119,400 | $2,710 |
| 2014 | $88,700 | $22,000 | $110,700 | $2,522 |
| 2013 | $88,700 | $22,000 | $110,700 | $2,444 |
| 2012 | $89,000 | $22,000 | $111,000 | $2,606 |
| 2011 | $89,000 | $22,000 | $111,000 | $2,256 |
| 2010 | $93,600 | $23,200 | $116,800 | $2,080 |
| 2009 | $93,600 | $23,200 | $116,800 | $2,024 |
| 2008 | $90,300 | $22,400 | $112,700 | $2,024 |
| 2007 | $90,300 | $22,400 | $112,700 | $2,080 |
Property facts
Year built
1951
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,324 sqft
Lot size
10,498 sqft
ZIP code
50315
City
Des Moines
Street
Elder Ln
Coordinates
41.54479, -93.63781
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
$1,986
Gross rental yield
12.81%
Implied cap rate
8.33%
Trend-extrapolated value
—
Frequently asked questions
When did 1602 Elder Ln last sell?
1602 Elder Ln most recently sold on Aug 1, 2022 for $186,000.
What is the current tax assessment for 1602 Elder Ln?
The most recent total assessment for 1602 Elder Ln (year 2025) is $207,300 with $3,724 in property tax.
How does 1602 Elder Ln's assessment compare to its last sale price?
The current assessment is 11.5% above the last sale price of $186,000.
When was 1602 Elder Ln built?
1602 Elder Ln was built in 1951.
How does 1602 Elder Ln compare to others on Elder Ln?
We track 8 other properties on Elder Ln. Browse the list under "Other properties on Elder Ln" to compare beds, baths, and sale history.
What are the property facts for 1602 Elder Ln?
1602 Elder Ln is a 3 bed, 2 bath, 1,324 sqft, 10,498 sqft lot single_family.
Is 1602 Elder Ln a flip candidate?
No — 1602 Elder Ln does not appear in our flips dataset.
Is 1602 Elder Ln a tax-appeal candidate?
No — 1602 Elder Ln 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
-3.3%
2026 Q3
$222.1K
2026 Q4
$220.2K
ZIP 50315 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Elder Ln