NOT LISTED FOR SALE

3831 University Ave Des Moines, IA 50311

Drake Neighborhood

Estimated Value: $238,000 - $242,192

-- Bed
2 Baths
2,282 Sq Ft
$105/Sq Ft Est. Value

Last Sold September 01, 2016

Last sale price $155,000 $68 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,712/month

43 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Storage

About This Home

As of September 2016

Great Duplex in great condition. Fully rented and has long term tenants.

Last Listed By

Michael Petersen

Realty ONE Group Impact Listed on: 12/20/2015

Realty ONE Group Impact

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,262

Year Built

  • Built in 1923

Lot Details

  • 7,500

Parking

  • Driveway

Home Design

  • Brick Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 2 Full Bathrooms
  • 2,282 Sq Ft Home
  • 2-Story Property
  • Storage
  • Wood Flooring
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • 2 Kitchens
  • Stove
  • Microwave
  • Dishwasher

Additional Features

  • 7,500 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 10002448-001-000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $500
  • Gross Income $1,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,262

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 67.92
  • Sp Amt Sq Ft: 67.92
  • Termite: Call Listing Agent
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Dishwashers: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Hardwood Floors, Smoke Detector
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Third Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1168
  • Kitchens: 2
  • Storage: Yes
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 2282
  • Total Sq Ft: 2282

Exterior Features

  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Sidewalk: Y
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Off Street Parking: Yes

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Fee Information

  • Total Expense: 500

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1720
  • Lot S F: 7500
  • Lot Shape: Regular
  • Assessor Parcel Number: 10002448-001-000
  • Zoning: Multi

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Landlord, Gas Landlord, Taxes Owner, Water Landlord

Tax Info

  • Gross Taxes: 3262.00
  • Net Taxes: 3262.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2017
Sold by
Moburg Makenzie and Appleton Brett
Bought by
Apple House Properties Llc
Total Days on Market
43
Current Estimated Value
$240,096

Purchase Details

Listed on
Dec 20, 2015
Closed on
Aug 4, 2016
Sold by
Carmi Teresa L Gore and Gore Teresa L
Bought by
Moburg Makenzie and Appleton Brett
Seller's Agent
Michael Petersen
Realty ONE Group Impact
Buyer's Agent
Ryan Hoover
Weichert, Realtors - 515 Agency
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%
Original Mortgage
$124,000
Interest Rate
3.43%

Purchase Details

Closed on
Jul 13, 1999
Sold by
Gore Andre Armond
Bought by
Gore Teresa L

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Apple House Properties Llc -- None Available
Moburg Makenzie $155,000 None Available
Gore Teresa L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Appleton Brett $3,500
Previous Owner Moburg Makenzie $124,000
Previous Owner Gore Teresa L $82,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2016 09/01/16 Sold $155,000 0.0% $68 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
12/20/2015 12/20/15 For Sale $155,000 -- $68 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $4,576 $232,600 $42,000 $190,600
2023 $4,616 $232,600 $42,000 $190,600
2022 $4,582 $195,900 $37,100 $158,800
2021 $4,440 $195,900 $37,100 $158,800
2020 $4,612 $177,900 $33,900 $144,000
2019 $4,230 $177,900 $33,900 $144,000
2018 $3,956 $157,400 $29,600 $127,800
2017 $3,830 $157,400 $29,600 $127,800
2016 $3,732 $141,600 $26,500 $115,100
2015 $3,732 $141,600 $26,500 $115,100
2014 $3,144 $122,800 $22,900 $99,900
Source: Public Records

Agents Affiliated with this Home

  • Michael Petersen

    Seller's Agent in 2016

    Michael Petersen

    Realty ONE Group Impact

    (719) 600-9490

    16 Total Sales

    Section Image
  • Ryan Hoover

    Buyer's Agent in 2016

    Ryan Hoover

    Weichert, Realtors - 515 Agency

    (515) 341-3849

    77 Total Sales

    Ryan Hoover
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 509295

Des Moines Area Association of REALTORS®

APN: 100-02448001000

Iowa Polk County Des Moines 50311 Drake

3831 University Ave, Des Moines, IA

Homes for Sale in Des Moines, IA

This home is located at 3831 University Ave, Des Moines, IA 50311 since 20 December 2015 and is currently estimated at $240,096, approximately $105 per square foot. This property was built in 1923. 3831 University Ave is a home located in Polk County with nearby schools including Perkins Elementary School, Callanan Middle School, and Roosevelt High School.

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.

Des Moines Area Association of REALTORS® 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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