Seller's Agent in 2025
Chris Kew
RE/MAX
(515) 230-0488
1 in this area
267 Total Sales
4315 E 48th St Des Moines, IA 50317
Capitol Heights Neighborhood
4
Beds
3
Baths
1,404
Sq Ft
9,121
Sq Ft Lot
Highlights
- Spa
- Forced Air Heating and Cooling System
- Dining Area
- Ranch Style House
- Family Room Downstairs
- Electric Fireplace
About This Home
As of August 2025Come check out this phenomenal Hubbell Homes ranch beautifully updated from top to bottom! From the moment you walk in, you'll feel right at home. The main level features an open-concept layout with vaulted ceilings in the living and kitchen areas, making it perfect for entertaining. The kitchen is a showstopper with a large island, granite countertops, white cabinetry, and stainless steel appliances. Three spacious bedrooms are located on the main level, including a primary suite with a private bathroom. You'll also love the convenience of the main-level laundry room and mudroom just off the 2-car garage. Downstairs, the newly finished basement (2022) offers a cozy and expansive second living space with custom built-ins, an electric fireplace, a dry bar, a fourth bedroom, a full bathroom, and a large unfinished storage area. Step out back to enjoy the deck perfect for grilling and relaxing. Currently operated as an Airbnb, this property generated nearly $70,000 in gross revenue in 2024, with $48,000 YTD in 2025 an excellent opportunity for short-term rental income or owner-occupants looking to offset their mortgage. All information obtained from seller and public records.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,874
Year Built
- Built in 2018
Lot Details
- 9,121 Sq Ft Lot
- Property is zoned PUD
HOA Fees
- $14 Monthly HOA Fees
Home Design
- Ranch Style House
- Asphalt Shingled Roof
- Vinyl Siding
Interior Spaces
- 1,404 Sq Ft Home
- Electric Fireplace
- Family Room Downstairs
- Dining Area
- Finished Basement
- Basement Window Egress
Kitchen
- Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms | 3 Main Level Bedrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Driveway
Pool
- Spa
Utilities
- Forced Air Heating and Cooling System
- Cable TV Available
Community Details
- Pmi Central Iowa Association, Phone Number (515) 303-1027
- Built by Hubbell Homes
Listing and Financial Details
- Assessor Parcel Number 06007934400004
Matterport 3D Tour
Floorplans
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2025
Closed on
Aug 13, 2025
Sold by
Lee Nathan and Lee Taylor
Bought by
Tingle Kyle and Bell Michael
Seller's Agent
Chris Kew
RE/MAX Precision
Buyer's Agent
Darson Grantham
Keller Williams Realty GDM
List Price
$325,000
Sold Price
$325,000
Views
422
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.29%
Original Mortgage
$243,750
Outstanding Balance
$243,537
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$81,652
Purchase Details
Listed on
Jan 8, 2019
Closed on
Jul 11, 2019
Sold by
Hubbel Homes Lc
Bought by
Taylor Lee Nathan and Taylor Lee
Seller's Agent
Tracy Adams
LPT Realty, LLC
Buyer's Agent
Shannon Salmon
RE/MAX Concepts
List Price
$249,900
Sold Price
$236,900
Premium/Discount to List
-$13,000
-5.2%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.32%
Original Mortgage
$189,520
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $325,000 | None Listed On Document | |
| Warranty Deed | $325,000 | None Listed On Document | |
| Warranty Deed | $237,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $243,750 | New Conventional | |
| Closed | $243,750 | New Conventional | |
| Previous Owner | $189,520 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/15/2025 08/15/25 | Sold | $325,000 | 0.0% | $231 / Sq Ft | |
| 07/21/2025 07/21/25 | Pending | -- | -- | -- | |
| 07/11/2025 07/11/25 | For Sale | $325,000 | +37.2% | $231 / Sq Ft | |
| 07/11/2019 07/11/19 | Sold | $236,900 | -5.2% | $169 / Sq Ft | View Prior Sale |
| 07/11/2019 07/11/19 | Pending | -- | -- | -- | |
| 01/08/2019 01/08/19 | For Sale | $249,900 | -- | $178 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History Compared to Growth
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 | $3,874 | $309,900 | $65,100 | $244,800 |
| 2024 | $3,874 | $241,800 | $57,750 | $184,050 |
| 2023 | $2,202 | $290,200 | $60,300 | $229,900 |
| 2022 | $1,040 | $238,000 | $51,800 | $186,200 |
| 2021 | $986 | $238,000 | $51,800 | $186,200 |
| 2020 | $986 | $234,400 | $51,000 | $183,400 |
| 2019 | $10 | $234,400 | $51,000 | $183,400 |
| 2018 | $6 | $380 | $380 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Kew
-
Darson Grantham
Buyer's Agent in 2025
Darson Grantham
Keller Williams Realty GDM
(641) 745-0156
1 in this area
215 Total Sales
-
Tracy Adams
Seller's Agent in 2019
Tracy Adams
LPT Realty, LLC
(515) 360-4374
1 in this area
40 Total Sales
-
Victoria Swanson
Seller Co-Listing Agent in 2019
Victoria Swanson
LPT Realty, LLC
(515) 306-4059
1 in this area
42 Total Sales
-
Shannon Salmon
Buyer's Agent in 2019
Shannon Salmon
RE/MAX
(612) 327-6536
126 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 721653
APN: 060/07934-400-004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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