NOT LISTED FOR SALE

3936 University Ave Unit 1 Des Moines, IA 50311

Drake Neighborhood

Estimated Value: $79,000 - $113,000

2 Beds
1 Bath
864 Sq Ft
$107/Sq Ft Est. Value

Last Sold July 01, 2020

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

Est. 42% increase in value since last sale

Current estimated payment $882/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

Schools

  • School District: Des Moines Independent

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
$92,481

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:

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Average Value
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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 Change Sq Ft Price
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
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

    55 Total Sales

    Nancy Learned
    Section Image
  • Matt Cole

    Buyer's Agent in 2020

    Matt Cole

    RE/MAX

    (515) 669-2004

    8 in this area

    155 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

This home is located at 3936 University Ave Unit 1, Des Moines, IA 50311 since 03 July 2019 and is currently estimated at $92,481, approximately $107 per square foot. This property was built in 1926. 3936 University Ave Unit 1 is a home located in Polk County with nearby schools including Hubbell Elementary, 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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