ATTN Flippers & Investors – Motivated Seller! Rare mixed-use property with county taxes, close to the interstate. Home needs work and is sold as-is. Great opportunity for a flip, rental, or investment hold!
Sold for $22,300
$22,300
550 NE 48th Pl, Des Moines, IA 50313
3beds
864sqft
Single Family Residence
Built in 1950
7,971.48 Square Feet Lot
$134,800 Zestimate®
$26/sqft
$1,568 Estimated rent
Home value
$134,800
$104,000 - $166,000
$1,568/mo
Zestimate® history
Owner options
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$1,568/mo
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$1,568/mo
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$122/mo
Est. payment
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$122/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Jen Lamb (515)720-9312,
Weichert, Realtors - 515 Agency
Bought with:
Jen Lamb
Weichert, Realtors - 515 Agency
Source: DMMLS,MLS#: 723430
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 3
Heating
- Forced Air, Gas, Natural Gas
Cooling
- Window Unit(s)
Features
- Flooring: Vinyl
- Basement: Crawl Space
Interior area
- Total structure area: 864
- Total interior livable area: 864 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage, One Car Garage
- Garage spaces: 1
Accessibility
- Accessibility features: Low Threshold Shower, Accessible Approach with Ramp
Features
- Patio & porch: Deck
- Exterior features: Deck, Fully Fenced
- Fencing: Chain Link,Full
Lot
- Size: 7,971 sqft
- Dimensions: 61.2 x 124
- Features: Rectangular Lot
Details
- Parcel number: 27001124000000
- Zoning: Mixed
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Cement Siding
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Location
- Region: Des Moines
Other
Other facts
- Listing terms: Cash,Conventional
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2025 | Sold | $22,300-50.4%$26/sqft |
Source:  DMMLS #723430 Report a problem | ||
| 10/3/2025 | Pending sale | $45,000$52/sqft |
Source: DMMLS #723430 Report a problem | ||
| 9/25/2025 | Price change | $45,000-30.8%$52/sqft |
Source: DMMLS #723430 Report a problem | ||
| 8/26/2025 | Price change | $65,000-23.5%$75/sqft |
Source: DMMLS #723430 Report a problem | ||
| 8/1/2025 | Listed for sale | $85,000+448.4%$98/sqft |
Source: DMMLS #723430 Report a problem | ||
| 9/30/1992 | Sold | $15,500$18/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,649 +113.3% | $96,400 +6.4% |
| 2024 | $1,242 +6.9% | $90,600 |
| 2023 | $1,162 +1.8% | $90,600 +27.1% |
| 2022 | $1,142 +5.4% | $71,300 |
| 2021 | $1,084 +1.3% | $71,300 +11.4% |
| 2020 | $1,070 +4.5% | $64,000 |
| 2019 | $1,024 +2% | $64,000 +8.7% |
| 2018 | $1,004 | $58,900 |
| 2017 | $1,004 +4.8% | $58,900 +4.8% |
| 2016 | $958 | $56,200 |
| 2015 | $958 +2.6% | $56,200 +1.1% |
| 2014 | $934 | $55,600 |
| 2013 | -- | $55,600 -0.4% |
| 2012 | -- | $55,800 |
| 2011 | -- | $55,800 -5.4% |
| 2010 | -- | $59,000 |
| 2009 | -- | $59,000 |
| 2008 | -- | $59,000 |
| 2007 | -- | $59,000 +19% |
| 2006 | -- | $49,600 |
| 2005 | -- | $49,600 +9% |
| 2003 | -- | $45,490 +8.6% |
| 2002 | -- | $41,890 |
| 2001 | -- | $41,890 |
Find assessor info on the county website
Neighborhood: 50313
Nearby schools
GreatSchools rating
- 4/10Cornell Elementary SchoolGrades: PK-4Distance: 1.1 mi
- 4/10Woodside Middle SchoolGrades: 5-8Distance: 1.3 mi
- 3/10Saydel High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- District: Saydel Consolidated
Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$134,800
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+$2,696
With Zillow Showcase(estimated)
$137,496
- Iowa
- Polk County
- Des Moines
- 50313
- 550 NE 48th Pl
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