3940 University Ave Unit 1 Des Moines, IA 50311
Drake NeighborhoodEstimated payment $862/month
Total Views
21,640
2
Beds
1
Bath
882
Sq Ft
$94
Price per Sq Ft
Highlights
- Ranch Style House
- Eat-In Kitchen
- Hot Water Heating System
- Wood Flooring
- Central Air
- Family Room
About This Home
Seller offering $1k closing costs credit, motivated and flexible with terms. This corner unit condo offers two generous bedrooms, a full bathroom, great kitchen, and large living area. Located just blocks from the Drake University campus, this home is walkable to so many amenities from eating to shopping and all the outdoor activities you could want in the Des Moines metro. The HOA and owners within the building are great, monthly dues includes water, heat, trash and insurance along with snow/lawn/exterior maintenance. Recent improvements include: Flooring, paint, kitchen appliances, and multiple fixtures. The home is very easy to show and immediate occupancy is available. Please call an agent today for a private tour or more information about this simple condo that offers incredible quality of life! Seller willing to cover closing costs/etc.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $1,521
Year Built
- Built in 1926
HOA Fees
- $275 Monthly HOA Fees
Parking
- Driveway
Home Design
- Ranch Style House
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
Interior Spaces
- 882 Sq Ft Home
- Family Room
- Dining Area
Kitchen
- Eat-In Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on main level
- Dryer
- Washer
Home Security
Utilities
- Central Air
- Hot Water Heating System
- Radiant Heating System
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 09001049001000
Community Details
Recreation
- Snow Removal
Additional Features
- Laundry Facilities
- Fire and Smoke Detector
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,496 | $76,090 | $15,000 | $61,090 |
| 2023 | $1,602 | $79,200 | $15,000 | $64,200 |
| 2022 | $1,590 | $71,100 | $13,500 | $57,600 |
| 2021 | $1,628 | $71,100 | $13,500 | $57,600 |
| 2020 | $1,690 | $65,200 | $12,400 | $52,800 |
| 2019 | $1,770 | $65,200 | $12,400 | $52,800 |
| 2018 | $1,752 | $69,000 | $11,300 | $57,700 |
| 2017 | $1,750 | $69,000 | $11,300 | $57,700 |
| 2016 | $1,704 | $64,700 | $10,600 | $54,100 |
| 2015 | $1,704 | $64,700 | $10,600 | $54,100 |
| 2014 | $1,720 | $64,700 | $10,600 | $54,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | For Sale | $82,500 | 0.0% | $94 / Sq Ft |
| 04/02/2025 04/02/25 | Pending | -- | -- | -- |
| 03/03/2025 03/03/25 | Price Changed | $82,500 | -2.9% | $94 / Sq Ft |
| 02/12/2025 02/12/25 | Price Changed | $85,000 | -4.5% | $96 / Sq Ft |
| 01/29/2025 01/29/25 | Price Changed | $89,000 | -3.3% | $101 / Sq Ft |
| 01/08/2025 01/08/25 | Price Changed | $92,000 | -2.6% | $104 / Sq Ft |
| 12/16/2024 12/16/24 | Price Changed | $94,500 | -1.6% | $107 / Sq Ft |
| 12/02/2024 12/02/24 | Price Changed | $96,000 | -0.5% | $109 / Sq Ft |
| 11/12/2024 11/12/24 | Price Changed | $96,500 | -1.5% | $109 / Sq Ft |
| 10/31/2024 10/31/24 | For Sale | $98,000 | +69.0% | $111 / Sq Ft |
| 06/28/2017 06/28/17 | Sold | $58,000 | -11.5% | $67 / Sq Ft |
| 03/31/2017 03/31/17 | Pending | -- | -- | -- |
| 11/03/2016 11/03/16 | For Sale | $65,500 | -- | $76 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $58,000 | None Available | |
| Deed | -- | -- | |
| Quit Claim Deed | -- | None Available | |
| Contract Of Sale | $65,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Contract Of Sale | $64,970 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $75,000 | None Available | |
| Warranty Deed | $55,000 | None Available | |
| Contract Of Sale | $28,500 | None Available | |
| Special Warranty Deed | -- | None Available | |
| Warranty Deed | $59,500 | -- | |
| Warranty Deed | $40,500 | -- | |
| Warranty Deed | $40,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $46,400 | New Conventional | |
| Previous Owner | $48,000 | No Value Available | |
| Previous Owner | -- | No Value Available | |
| Previous Owner | $55,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $26,000 | Seller Take Back | |
| Previous Owner | $9,000 | Credit Line Revolving | |
| Previous Owner | $56,900 | Purchase Money Mortgage | |
| Previous Owner | $42,230 | No Value Available | |
| Previous Owner | $32,800 | No Value Available | |
| Closed | $0 | No Value Available |
Source: Public Records
Similar Homes in Des Moines, IA
Source: Des Moines Area Association of REALTORS®
MLS Number: 706880
APN: 090-01049001000
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