Seller's Agent in 2025
Jon Niemeyer
EXIT Realty & Associates
(515) 490-4675
1 in this area
84 Total Sales
3330 University Ave Des Moines, IA 50311
Drake Neighborhood
--
Bed
5
Baths
5,756
Sq Ft
0.53
Acres
Highlights
- 0.53 Acre Lot
- Laundry Room
- Forced Air Heating and Cooling System
- No HOA
About This Home
As of July 2025This dormitory-style sorority/fraternity near the Drake University campus will sleep approximately 23 individuals and includes plenty of off-street parking. A commercial-style kitchen and dining hall are on the lower level with elevator access to the main level. The two living quarters on the main level include their own bathrooms and laundry. The second level is dorm style with 7 bunk rooms and a communal bathroom with multiple facilities and laundry. This attractive building is in excellent condition and is furnished.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2017
Lot Details
- 0.53 Acre Lot
- Irregular Lot
Parking
- Driveway
Home Design
- Asphalt Shingled Roof
- Cement Board or Planked
Interior Spaces
- 5,756 Sq Ft Home
- 2-Story Property
- Finished Basement
Kitchen
- Stove
- Dishwasher
Laundry
- Laundry Room
- Dryer
- Washer
Utilities
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
- 9 Units
Listing and Financial Details
- Assessor Parcel Number 09004562000000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 6, 2025
Closed on
Jun 19, 2025
Sold by
Alpha Delta Pi International Housing Inc
Bought by
Knowlton Bailey Properties Llc
Seller's Agent
Jon Niemeyer
EXIT Realty & Associates
Buyer's Agent
Jake Jenkins
RE/MAX Concepts
List Price
$799,900
Sold Price
$729,999
Premium/Discount to List
-$69,901
-8.74%
Views
63
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,900
Outstanding Balance
$516,904
Interest Rate
6.84%
Mortgage Type
Small Business Administration
Purchase Details
Closed on
Jul 12, 2018
Sold by
Theta Eta Chapter Of Alpha Delta Pi Hous
Bought by
Alpha Delta Pi International Housing Inc
Purchase Details
Closed on
Aug 7, 2015
Sold by
Mallorick Investments Llc
Bought by
Alpha Delta Pi Building Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.03%
Purchase Details
Closed on
May 19, 2005
Sold by
Tevetole Lc
Bought by
Mallorick Investments Llc
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 | $730,000 | None Listed On Document | |
| Warranty Deed | $730,000 | None Listed On Document | |
| Warranty Deed | $185,000 | Multiple | |
| Warranty Deed | $247,500 | Attorney | |
| Corporate Deed | $149,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $518,900 | Small Business Administration | |
| Closed | $518,900 | Small Business Administration | |
| Previous Owner | $185,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Sold | $729,999 | -8.7% | $127 / Sq Ft |
| 03/18/2025 03/18/25 | Pending | -- | -- | -- |
| 01/06/2025 01/06/25 | For Sale | $799,900 | -- | $139 / 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 |
|---|---|---|---|---|
| 2024 | $31,082 | $1,580,000 | $42,500 | $1,537,500 |
| 2023 | $31,110 | $1,580,000 | $42,500 | $1,537,500 |
| 2022 | $30,874 | $1,320,000 | $35,600 | $1,284,400 |
| 2021 | $26,950 | $1,320,000 | $35,600 | $1,284,400 |
| 2020 | $27,998 | $1,080,000 | $32,400 | $1,047,600 |
| 2019 | $31,730 | $1,080,000 | $32,400 | $1,047,600 |
| 2018 | $3,126 | $896,000 | $32,400 | $863,600 |
| 2017 | $1,406 | $83,000 | $43,000 | $40,000 |
| 2016 | $6,312 | $35,900 | $35,900 | $0 |
| 2015 | $5,884 | $144,000 | $36,000 | $108,000 |
| 2014 | $5,492 | $128,000 | $36,000 | $92,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jon Niemeyer
-
Jake Jenkins
Buyer's Agent in 2025
Jake Jenkins
RE/MAX
(641) 831-3567
1 in this area
116 Total Sales
-
Jo Jenkins
Buyer Co-Listing Agent in 2025
Jo Jenkins
RE/MAX
(641) 521-0302
1 in this area
151 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 709677
APN: 090-04562000000
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