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115 Payton Ave

Des Moines, IA 50315

2 bd 1 ba 792 sqft Built 1954 Lot 9,650 sqft single_family
Most recent sale
$182,500
Jun 28, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 28, 2022 Sold $182,500 MLS #652123
May 17, 2022 Listed $185,000 MLS #652123
Mar 25, 2016 Sold $84,900 MLS #507605
Jan 29, 2016 Price changed $84,900 MLS #507605
Jan 12, 2016 Price changed $87,900 MLS #507605
Dec 14, 2015 Price changed $89,900 MLS #507605
Dec 4, 2015 Price changed $92,000 MLS #507605
Nov 23, 2015 Price changed $94,900 MLS #507605
Nov 9, 2015 Listed $99,900 MLS #507605
Mar 23, 2015 Sold $54,100 MLS #438105
Sep 12, 2014 Price changed $58,800 MLS #438105
Aug 7, 2014 Price changed $64,900 MLS #438105
Jul 24, 2014 Price changed $74,900 MLS #438105
Jun 16, 2014 Listed $80,900 MLS #438105

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $142,000 $36,600 $178,600 $3,202
2023 $127,400 $32,100 $159,500 $2,960
2022 $99,200 $26,400 $125,600 $2,728
2021 $99,200 $26,400 $125,600 $2,558
2020 $87,900 $23,200 $111,100 $2,652
2019 $87,900 $23,200 $111,100 $2,448
2018 $79,200 $20,400 $99,600 $2,418
2017 $79,200 $20,400 $99,600 $2,260
2016 $73,600 $18,500 $92,100 $2,940
2015 $93,100 $18,500 $111,600 $2,958
2014 $93,200 $18,100 $111,300 $2,534
2013 $93,200 $18,100 $111,300 $2,590
2012 $98,300 $19,000 $117,300 $2,508
2011 $98,300 $19,000 $117,300 $2,386
2010 $98,000 $19,000 $117,000 $2,260
2009 $98,000 $19,000 $117,000 $2,288
2008 $102,500 $20,300 $122,800 $2,228
2007 $102,500 $20,300 $122,800 $2,092

Property facts

Year built
1954
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
792 sqft
Lot size
9,650 sqft
ZIP code
50315
City
Des Moines
Street
Payton Ave
Coordinates
41.52973, -93.61420

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
$1,188
Gross rental yield
7.81%
Implied cap rate
5.08%
Trend-extrapolated value

Frequently asked questions

When did 115 Payton Ave last sell?
115 Payton Ave most recently sold on Jun 28, 2022 for $182,500.
What is the current tax assessment for 115 Payton Ave?
The most recent total assessment for 115 Payton Ave (year 2025) is $178,600 with $3,202 in property tax.
How does 115 Payton Ave's assessment compare to its last sale price?
The current assessment is 2.1% below the last sale price of $182,500.
When was 115 Payton Ave built?
115 Payton Ave was built in 1954.
How does 115 Payton Ave compare to others on Payton Ave?
We track 8 other properties on Payton Ave. Browse the list under "Other properties on Payton Ave" to compare beds, baths, and sale history.
What are the property facts for 115 Payton Ave?
115 Payton Ave is a 2 bed, 1 bath, 792 sqft, 9,650 sqft lot single_family.
Is 115 Payton Ave a flip candidate?
No — 115 Payton Ave does not appear in our flips dataset.
Is 115 Payton Ave a tax-appeal candidate?
No — 115 Payton 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
-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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