2048 E Walnut St Des Moines, IA 50317
Fairground NeighborhoodEstimated payment $918/month
Highlights
- Ranch Style House
- No HOA
- Central Air
About This Home
Opportunity awaits at this 2-bedroom, 1-bath home located at 2048 E Walnut Street. Whether you're looking for your next flip project or a solid addition to your rental portfolio, this property offers the perfect canvas to bring your vision to life. Inside, you'll find a functional layout with great flow and plenty of potential to enhance and customize. Major updates have already been taken care of, including updated plumbing and electrical, giving you a strong head start on renovations. The detached garage adds extra storage or workspace, while the lot provides additional possibilities for outdoor improvements. Conveniently located just minutes from Downtown Des Moines, this home offers easy access to shopping, dining, and major roadways—making it an attractive option for future tenants or buyers. With solid bones, key system updates, and a prime location, this is an excellent investment opportunity you won’t want to miss. This is an assignment of contract (wholesale deal). Seller does not hold title
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,428
Year Built
- Built in 1915
Lot Details
- 5,880 Sq Ft Lot
- Lot Dimensions are 40x147
- Property is zoned r1
Parking
- 1 Car Detached Garage
Home Design
- 891 Sq Ft Home
- Ranch Style House
- Block Foundation
- Asphalt Shingled Roof
- Metal Siding
- Vinyl Siding
Kitchen
- Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- Central Air
- Heating System Uses Gas
Additional Features
- Unfinished Basement
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 04006323000000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,428 | $142,500 | $23,600 | $118,900 |
| 2024 | $2,428 | $123,400 | $20,100 | $103,300 |
| 2023 | $2,314 | $123,400 | $20,100 | $103,300 |
| 2022 | $2,296 | $98,200 | $16,500 | $81,700 |
| 2021 | $2,156 | $98,200 | $16,500 | $81,700 |
| 2020 | $2,240 | $86,400 | $14,400 | $72,000 |
| 2019 | $1,870 | $86,400 | $14,400 | $72,000 |
| 2018 | $1,852 | $69,600 | $12,400 | $57,200 |
| 2017 | $1,446 | $69,600 | $12,400 | $57,200 |
| 2016 | $930 | $65,200 | $11,600 | $53,600 |
| 2015 | $930 | $65,200 | $11,600 | $53,600 |
| 2014 | $898 | $65,800 | $11,500 | $54,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/28/2026 05/28/26 | Price Changed | $134,900 | 0.0% | $151 / Sq Ft | |
| 05/28/2026 05/28/26 | For Sale | $134,900 | -0.1% | $151 / Sq Ft | |
| 04/17/2026 04/17/26 | Pending | -- | -- | -- | |
| 03/26/2026 03/26/26 | Price Changed | $135,000 | +900.0% | $152 / Sq Ft | |
| 03/26/2026 03/26/26 | For Sale | $13,500 | -88.1% | $15 / Sq Ft | |
| 08/08/2017 08/08/17 | Sold | $113,000 | -1.7% | $127 / Sq Ft | View Prior Sale |
| 08/04/2017 08/04/17 | Pending | -- | -- | -- | |
| 06/27/2017 06/27/17 | For Sale | $114,900 | +170.4% | $129 / Sq Ft | |
| 04/20/2017 04/20/17 | Sold | $42,500 | -5.6% | $48 / Sq Ft | View Prior Sale |
| 03/21/2017 03/21/17 | Pending | -- | -- | -- | |
| 03/14/2017 03/14/17 | For Sale | $45,000 | -- | $51 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $113,000 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $106,837 | FHA |
Source: Des Moines Area Association of REALTORS®
MLS Number: 737059
APN: 040-06323000000
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