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2 Lally St

Des Moines, IA 50315

2 bd 1 ba 864 sqft Built 1940 Lot 8,625 sqft single_family
Most recent sale
$122,000
May 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 26, 2022 Sold $122,000 Public Record
May 20, 2022 Sold $122,000 MLS #649606
Apr 12, 2022 Listed $119,900 MLS #649606
May 6, 2021 Listed for rent $1,025 AppfolioUnits
Sep 21, 2017 Sold $72,000 MLS #544452
Jul 20, 2017 Listed $79,900 MLS #544452
Sep 17, 2010 Listing removed $69,900 DesMoines
Jun 9, 2010 Relisted $69,900 MLS #358602
Jun 2, 2010 Listing removed $69,900 DesMoines
May 2, 2010 Price changed $69,900 MLS #358602
Apr 20, 2010 Price changed $75,000 MLS #358602
Dec 2, 2009 Listed $79,000 MLS #358602

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $95,100 $33,900 $129,000 $2,304
2023 $85,100 $29,700 $114,800 $2,032
2022 $61,800 $24,400 $86,200 $2,016
2021 $61,800 $24,400 $86,200 $1,900
2020 $54,700 $21,400 $76,100 $1,972
2019 $54,700 $21,400 $76,100 $1,824
2018 $49,100 $18,800 $67,900 $1,574
2017 $49,100 $18,800 $67,900 $1,480
2016 $46,100 $17,100 $63,200 $1,436
2015 $46,100 $17,100 $63,200 $1,442
2014 $46,200 $16,800 $63,000 $1,384
2013 $46,200 $16,800 $63,000 $1,420
2012 $48,900 $17,600 $66,500 $1,394
2011 $48,900 $17,600 $66,500 $1,368
2010 $49,800 $17,800 $67,600 $1,296
2009 $49,800 $17,800 $67,600 $1,166
2008 $45,500 $18,800 $64,300 $1,134
2007 $45,500 $18,800 $64,300 $1,018

Property facts

Year built
1940
Property type
single_family
Stories
Beds
2
Baths
1
Living area
864 sqft
Lot size
8,625 sqft
ZIP code
50315
City
Des Moines
Street
Lally St
Coordinates
41.52795, -93.61587

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
$1,296
Gross rental yield
12.75%
Implied cap rate
8.29%
Trend-extrapolated value

Frequently asked questions

When did 2 Lally St last sell?
2 Lally St most recently sold on May 26, 2022 for $122,000.
What is the current tax assessment for 2 Lally St?
The most recent total assessment for 2 Lally St (year 2025) is $129,000 with $2,304 in property tax.
How does 2 Lally St's assessment compare to its last sale price?
The current assessment is 5.7% above the last sale price of $122,000.
When was 2 Lally St built?
2 Lally St was built in 1940.
How does 2 Lally St compare to others on Lally St?
We track 8 other properties on Lally St. Browse the list under "Other properties on Lally St" to compare beds, baths, and sale history.
What are the property facts for 2 Lally St?
2 Lally St is a 2 bed, 1 bath, 864 sqft, 8,625 sqft lot single_family.
Is 2 Lally St a flip candidate?
No — 2 Lally St does not appear in our flips dataset.
Is 2 Lally St a tax-appeal candidate?
No — 2 Lally 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
-3.3%
2026 Q3
$222.1K
2026 Q4
$220.2K
ZIP 50315 — Median Price History + Forecast

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