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1109 Wade St

Des Moines, IA 50315

2 bd 1 ba 672 sqft Built 1940 Lot 6,795 sqft single_family
Most recent sale
$123,000
May 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 9, 2022 Sold $123,000 MLS #646991
Apr 6, 2022 Relisted $119,900 MLS #646991
Mar 5, 2022 Listed $119,900 MLS #646991
Oct 30, 2019 Sold $65,000 Public Record
Jun 1, 2017 Price changed $115,000 MLS #531711
Jan 31, 2017 Listed $123,500 MLS #531711
Aug 24, 2010 Price changed $13,900 MLS #369178
Aug 2, 2010 Price changed $15,900 MLS #369178
Jul 12, 2010 Price changed $17,900 MLS #369178
Jun 16, 2010 Listed $19,900 MLS #369178
Dec 19, 2005 Sold $75,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $84,300 $28,300 $112,600 $2,004
2023 $75,100 $24,700 $99,800 $1,928
2022 $61,600 $20,200 $81,800 $1,914
2021 $61,600 $20,200 $81,800 $1,700
2020 $50,700 $17,400 $68,100 $1,538
2019 $50,700 $17,400 $68,100 $1,424
2018 $46,000 $15,500 $61,500 $1,404
2017 $46,000 $15,500 $61,500 $1,382
2016 $44,900 $14,700 $59,600 $1,340
2015 $44,900 $14,700 $59,600 $1,376
2014 $45,800 $14,700 $60,500 $1,274
2013 $45,800 $14,700 $60,500 $1,254
2012 $45,900 $14,700 $60,600 $1,430
2011 $45,900 $14,700 $60,600 $1,362
2010 $48,400 $15,700 $64,100 $1,198
2009 $48,400 $15,700 $64,100 $972
2008 $42,300 $15,800 $58,100 $972
2007 $32,500 $15,800 $48,300 $840

Property facts

Year built
1940
Property type
single_family
Stories
Beds
2
Baths
1
Living area
672 sqft
Lot size
6,795 sqft
ZIP code
50315
City
Des Moines
Street
Wade St
Coordinates
41.52059, -93.62932

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
$1,008
Gross rental yield
9.83%
Implied cap rate
6.39%
Trend-extrapolated value

Frequently asked questions

When did 1109 Wade St last sell?
1109 Wade St most recently sold on May 9, 2022 for $123,000.
What is the current tax assessment for 1109 Wade St?
The most recent total assessment for 1109 Wade St (year 2025) is $112,600 with $2,004 in property tax.
How does 1109 Wade St's assessment compare to its last sale price?
The current assessment is 8.5% below the last sale price of $123,000.
When was 1109 Wade St built?
1109 Wade St was built in 1940.
How does 1109 Wade St compare to others on Wade St?
We track 8 other properties on Wade St. Browse the list under "Other properties on Wade St" to compare beds, baths, and sale history.
What are the property facts for 1109 Wade St?
1109 Wade St is a 2 bed, 1 bath, 672 sqft, 6,795 sqft lot single_family.
Is 1109 Wade St a flip candidate?
No — 1109 Wade St does not appear in our flips dataset.
Is 1109 Wade St a tax-appeal candidate?
No — 1109 Wade 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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