NOT LISTED FOR SALE

3936 University Ave Unit 1 Des Moines, IA 50311

Drake Neighborhood

Estimated Value: $81,160 - $88,000

2 Beds
1 Bath
864 Sq Ft
$98/Sq Ft Est. Value

Last Sold July 01, 2020

Last sale price $65,000 $75 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $841/month

364 Days on Market

Highlights

  • Traditional Architecture
  • Eat-In Kitchen
  • Community Storage Space
  • Shades
  • Hot Water Heating System
  • Carpet

About This Home

As of July 2020

Old world charm in this clean, quiet 2 bedroom 1 bath condo with new carpet and paint, hot water heat making winters very comfortable each unit controls there own heat. Unit has there own washer & dryer located in the basement common area. Extra storage located outside of unit and on the 4th floor. Unit has assigned parking space & visitor parking. 2 pet limit and breed restriction no more than 60 pounds. Unit has entry from back & side with the use of a code, front is with key. HOA includes everything but electric & cable. Sellers will give buyer $3000 at closing to be used as they wish.

Last Agent to Sell the Property

Nancy Learned

Associated Realty Listed on: 07/03/2019

Last Buyer's Agent

Matt Cole

RE/MAX Concepts

RE/MAX Concepts

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,578

Year Built

  • Built in 1926

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 864 Sq Ft Home
  • Shades
  • Drapes & Rods

Kitchen

  • Eat-In Kitchen
  • Stove

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Garage
  • Driveway

Utilities

  • No Cooling
  • Hot Water Heating System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 09000812001000

Community Details

Overview

  • The community has rules related to renting

Recreation

  • Snow Removal

Pet Policy

  • Breed Restrictions

Additional Features

  • Community Storage Space
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,578

Year Built

Built in 1926

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Architecture: Traditional
  • Lp Amt Sq Ft: 79.75
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 75.23
  • Unit: 1
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Carpeting, Drapes/Curtains, Shades/Shutters, Smoke Detector, Vinyl Floors, See Remarks
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Dining Room: Eat In Kitchen
  • Other Rooms: Pantry, See Remarks
  • Included Items: Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 864
  • Total Sq Ft: 864

Exterior Features

  • Exterior: Brick
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage Parking Stalls: 1

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: None
  • Heat: Hot Water
  • Services: Exterior Maint./Bldg., Lawn Care, See Remarks, Snow Removal, Trash Service, Utilities

Association/Amenities

  • Amenities: Extra Storage, Pet Restrictions, Rent Restrictions, Snow Removal
  • HOA Name: self managed
  • Management Firm: Self Managed

Condo/Co-op/Association

  • Association Fee: 275.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Lot Info

  • Assessor Parcel Number: 09000812001000
  • Zoning: res

Rental Info

  • Rent Restriction Description: No Rentals

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1578.00
  • Net Taxes: 1578.00
  • Tax Year: 2018

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2024
Sold by
Wilson Anthony Robert
Bought by
Hill Janice I
Current Estimated Value
$84,540

Purchase Details

Closed on
Aug 26, 2021
Sold by
Hill Janice I
Bought by
Pukhraj Kumar

Purchase Details

Closed on
Nov 23, 2010
Sold by
Cotton William D
Bought by
Cotton William D and Hill Janice I

Purchase Details

Closed on
Jun 24, 2005
Sold by
Smith Kathleen Ann
Bought by
Cotton William D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
5.86%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hill Janice I $77,000 None Listed On Document
Pukhraj Kumar $65,000 None Available
Cotton William D -- None Available
Cotton William D $71,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cotton William D $57,600
Closed Pukhraj Kumar $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2020 07/01/20 Sold $65,000 -10.3% $75 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
07/03/2019 07/03/19 For Sale $72,500 -- $84 / 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
2025 $1,428 $75,900 $15,600 $60,300
2024 $1,428 $72,600 $14,900 $57,700
2023 $1,536 $72,600 $14,900 $57,700
2022 $1,524 $65,200 $13,400 $51,800
2021 $1,628 $65,200 $13,400 $51,800
2020 $1,690 $65,200 $13,400 $51,800
2019 $1,594 $65,200 $13,400 $51,800
2018 $1,578 $59,300 $12,200 $47,100
2017 $1,822 $59,300 $12,200 $47,100
2016 $1,776 $67,400 $13,900 $53,500
2015 $1,776 $67,400 $13,900 $53,500
2014 $1,790 $67,400 $13,900 $53,500
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2020

    Nancy Learned

    Associated Realty

    (515) 988-3454

    54 Total Sales

    Nancy Learned
    Section Image
  • Matt Cole

    Buyer's Agent in 2020

    Matt Cole

    RE/MAX

    (515) 669-2004

    7 in this area

    153 Total Sales

    Matt Cole
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 586147

Des Moines Area Association of REALTORS®

APN: 090-00812001000

Iowa Polk County Des Moines 50311 Drake

3936 University Ave Unit 1, Des Moines, IA

Not Listed for Sale

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