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Sold for $140,000
  • $140,000

    1405 48th St, Des Moines, IA 50311

    2beds
    790sqft
    Single Family Residence
    Built in 1922
    6,969 Square Feet Lot
    $140,000 Zestimate®
    $177/sqft
    $1,289 Estimated rent

    Home value

    $140,000

    $133,000 - $147,000

    $1,289/mo

    Zestimate® history
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    What's special

    Bright and functional spaceNew roof and guttersSpacious rear deck
    Opportunity is knocking in the desirable Waveland neighborhood! This charming 2-bedroom, 1-bath bungalow is the perfect opportunity for an owner-occupant or investor looking to add their personal touches. Recent updates include a new roof and gutters, plus professionally braced basement walls. Inside, you’ll find an open-concept layout connecting the living room, dining area, and kitchen, creating a bright and functional space. Step outside to a spacious rear deck that’s already wired for a hot tub, plus a nice 4 season porch at the front of the home—perfect for relaxing or entertaining. The basement offers even more potential, with framing, electrical, and insulation already in place for future finishing. Located just north of University Avenue in the sought-after Waveland neighborhood, you’ll enjoy quick access to shopping, dining, parks, golf, and downtown Des Moines. Best of all, this home qualifies for both NFC financing and the Invest DSM grant program, providing excellent opportunities for buyers to make improvements and build equity. Don’t miss your chance to make this affordable Waveland home your own!

    Zillow last checked:

    Listing updated:

    Listed by:

    Ben Bjorholm (515)250-1911,

    1 Percent Lists Evolution

    Bought with:

    Alexis Schossow

    Iowa Realty Beaverdale

    Source: DMMLS,MLS#: 744667MLS LogoOriginating MLS: Des Moines Area Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    • Main level bedrooms: 2
    Heating
    • Forced Air, Gas, Natural Gas
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Dryer, Refrigerator, Stove, Washer
    Features
    • Separate/Formal Dining Room, Cable TV, Window Treatments
    • Flooring: Carpet, Vinyl
    • Basement: Partially Finished
    Interior area
    • Total structure area: 790
    • Total interior livable area: 790 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached, Garage, One Car Garage
    • Garage spaces: 1
    Features
    • Patio & porch: Deck, Porch, Screened
    • Exterior features: Deck, Enclosed Porch
    • Fencing: Chain Link
    Lot
    • Size: 6,969 Square Feet
    • Dimensions: 50 x 139
    • Features: Rectangular Lot
    Details
    • Parcel number: 10012560000000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow
    • Property subtype: Single Family Residence
    Materials
    • Frame
    • Foundation: Brick/Mortar
    • Roof: Asphalt,Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1922

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    HOA
    • Has HOA: No
    Location
    • Region: Des Moines

    Financial & listing details

    • Price per square foot: $177/sqft
    • Tax assessed value: $167,600
    • Annual tax amount: $2,600
    • Date on market: 7/7/2026
    • Cumulative days on market: 15 days
    • Listing terms: Cash,Conventional
    • Road surface type: Concrete

    Price history

    DateEventPrice
    8/26/2026Sold$140,000+0.1%$177/sqft
    Source: DMMLS #744667 Report a problem
    7/23/2026Pending sale$139,900$177/sqft
    Source: DMMLS #744667 Report a problem
    7/8/2026Listed for sale$139,900+76%$177/sqft
    Source: DMMLS #744667 Report a problem
    10/1/2001Sold$79,500$101/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,600 +2.4%$167,600 +13.1%
    2024$2,540 -7%$148,200
    2023$2,732 +0.9%$148,200 +15.6%
    2022$2,708 +3.5%$128,200
    2021$2,616 -3.5%$128,200 +9.9%
    2020$2,710 +6.4%$116,700
    2019$2,548 +1.3%$116,700 +13%
    2018$2,516 $103,300
    2017$2,516 +14.1%$103,300 +11.8%
    2016$2,206 $92,400
    2015$2,206 +18.3%$92,400 +13.1%
    2014$1,864 $81,700
    2013-- $81,700 +0.4%
    2012-- $81,400
    2011-- $81,400 -11.5%
    2010-- $92,000
    2009-- $92,000 +8.5%
    2008-- $84,800
    2007-- $84,800 +18.9%
    2006-- $71,300
    2005-- $71,300 +10.9%
    2003-- $64,310 +10.5%
    2002-- $58,210
    2001-- $58,210
    Find assessor info on the county website

    Neighborhood: Waveland Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Des Moines Independent

    Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Sell for more on Zillow
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    $140,000
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    With Zillow Showcase(estimated)
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    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $140,000
    2% more
    +$2,800
    With Zillow Showcase(estimated)
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