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11428 48th Ave

Runnells, IA 50237

5 bd 3 ba 2,352 sqft Built 2006 Lot 153,810 sqft single_family
Most recent sale
$500,000
Mar 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 30, 2022 Sold $500,000 MLS #641058
Jan 3, 2022 Price changed $550,000 MLS #641058
Nov 20, 2021 Price changed $575,000 MLS #641058
Nov 7, 2021 Price changed $600,000 MLS #641058
Nov 4, 2021 Listed $625,000 MLS #641058
Dec 14, 2018 Sold $399,000 Public Record
Dec 12, 2018 Sold $399,000 MLS #558467
Sep 17, 2018 Price changed $399,900 MLS #558467
Aug 2, 2018 Price changed $424,500 MLS #558467
May 25, 2018 Relisted $425,000 MLS #558467
Apr 10, 2018 Listed $425,000 MLS #558467
Apr 10, 2018 Listing removed $449,900 DesMoines
Jan 26, 2018 Price changed $449,900 MLS #549406
Oct 10, 2017 Listed $475,000 MLS #549406
Mar 23, 2015 Listing removed $348,000 DesMoines
Oct 13, 2014 Listed $348,000 MLS #444037
Dec 31, 2009 Listing removed $337,900 DesMoines
Jul 21, 2009 Listed $337,900 MLS #350754
May 4, 2009 Listing removed $348,900 DesMoines
May 2, 2009 Relisted $348,900 MLS #337899
Feb 21, 2009 Listing removed $348,900 DesMoines
Nov 4, 2008 Listed $348,900 MLS #337899
Nov 30, 2005 Sold $39,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $526,400 $100,500 $626,900 $8,374
2023 $469,700 $88,500 $558,200 $7,740
2022 $371,000 $73,500 $444,500 $7,486
2021 $371,000 $73,500 $444,500 $7,028
2020 $331,000 $65,500 $396,500 $6,926
2019 $331,000 $65,500 $396,500 $6,476
2018 $298,600 $57,800 $356,400 $6,508
2017 $298,600 $57,800 $356,400 $6,532
2016 $269,700 $51,600 $321,300 $6,524
2015 $269,700 $51,600 $321,300 $6,406
2014 $260,500 $48,700 $309,200 $6,094
2013 $260,500 $48,700 $309,200 $5,796
2012 $259,800 $48,500 $308,300 $5,902
2011 $259,800 $48,500 $308,300 $5,722
2010 $275,800 $52,600 $328,400 $5,556
2009 $275,800 $52,600 $328,400 $5,514
2008 $275,800 $52,600 $328,400 $5,514
2007 $275,800 $52,600 $328,400 $40

Property facts

Year built
2006
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,352 sqft
Lot size
153,810 sqft
ZIP code
50237
City
Runnells
Street
48th Ave
Coordinates
41.53713, -93.36238

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,528
Gross rental yield
8.47%
Implied cap rate
5.50%
Trend-extrapolated value

Frequently asked questions

When did 11428 48th Ave last sell?
11428 48th Ave most recently sold on Mar 30, 2022 for $500,000.
What is the current tax assessment for 11428 48th Ave?
The most recent total assessment for 11428 48th Ave (year 2025) is $626,900 with $8,374 in property tax.
How does 11428 48th Ave's assessment compare to its last sale price?
The current assessment is 25.4% above the last sale price of $500,000.
When was 11428 48th Ave built?
11428 48th Ave was built in 2006.
How does 11428 48th Ave compare to others on 48th Ave?
We track 8 other properties on 48th Ave. Browse the list under "Other properties on 48th Ave" to compare beds, baths, and sale history.
What are the property facts for 11428 48th Ave?
11428 48th Ave is a 5 bed, 3 bath, 2,352 sqft, 153,810 sqft lot single_family.
Is 11428 48th Ave a flip candidate?
No — 11428 48th Ave does not appear in our flips dataset.
Is 11428 48th Ave a tax-appeal candidate?
Yes — 11428 48th Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-2.5%
Implied 1-yr
-10.1%
2026 Q1
$318K
2026 Q2
$308.4K
ZIP 50237 — Median Price History + Forecast

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