Seller's Agent in 2024
Cy Phillips
Space Simply
(515) 423-0899
6 in this area
597 Total Sales
3940 University Ave Unit 1 Des Moines, IA 50311
Drake Neighborhood
2
Beds
1
Bath
864
Sq Ft
$275/mo
HOA Fee
Highlights
- Wood Flooring
- Hot Water Heating System
- Community Storage Space
- Eat-In Kitchen
About This Home
As of June 2017Own this condo for less than rent! This great condo offers 864 square feet with 2 bedrooms. Recently updated throughout with new carpet, newer windows, and hardwood flooring. You'll love the kitchen upgrades including backsplash and stainless steel appliances. Bathroom features a 6 ft tub to relax in. Great location, just minutes away from shopping, bars, restaurants, and downtown. Association dues include water, heat, and trash.
Townhouse Details
Home Type
- Townhome
Year Built
- Built in 1926
HOA Fees
- $275 Monthly HOA Fees
Home Design
- 864 Sq Ft Home
- Brick Exterior Construction
- Brick Foundation
- Slab Foundation
- Asphalt Shingled Roof
Kitchen
- Eat-In Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- No Cooling
- Hot Water Heating System
- Municipal Trash
Community Details
- Community Storage Space
Listing and Financial Details
- Assessor Parcel Number 09001049001000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 3, 2016
Closed on
Jun 28, 2017
Sold by
Mlgs Llc
Bought by
Foy Timothy J
Seller's Agent
Kristina Leek
RE/MAX Precision
Buyer's Agent
Erin Rundall
Keller Williams Realty GDM
List Price
$65,500
Sold Price
$58,000
Premium/Discount to List
-$7,500
-11.45%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.31%
Original Mortgage
$46,400
Outstanding Balance
$39,065
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$42,581
Purchase Details
Closed on
Apr 11, 2016
Sold by
Andrew Healey
Bought by
Richmond Claire
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
3.59%
Purchase Details
Closed on
Nov 13, 2015
Sold by
Heintz Morgan
Bought by
Mlgs Llc
Purchase Details
Closed on
Aug 1, 2014
Sold by
Ml65 Llc
Bought by
Heintz Morgan
Purchase Details
Closed on
Jul 17, 2014
Sold by
Spunaugle Shanna and Mcdaniel Joe
Bought by
Mlgs Llc
Purchase Details
Closed on
Jan 27, 2014
Sold by
Mlgs Llc
Bought by
Spunaugle Shanna and Mcdaniel Joe
Purchase Details
Closed on
Sep 20, 2013
Sold by
Brown Robert L and Bugely Joseph J
Bought by
Mlgs Llc
Purchase Details
Closed on
Feb 1, 2013
Sold by
Miles Llc
Bought by
Brown Robert L and Bugely Joseph J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.34%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jan 24, 2013
Sold by
Smtih Tina and Smith Troy
Bought by
Mlgs Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.34%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Nov 5, 2010
Sold by
Smith Tina and King Jean Ann
Bought by
Moore Nathan Chad
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
4.19%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Sep 9, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Smith Tina and King Jean
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
4.19%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Apr 3, 2004
Sold by
Buck Lori Lynn
Bought by
Wilson Bradley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,900
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 29, 2001
Sold by
Paris Mary Lynn
Bought by
Buck Lori Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,230
Interest Rate
6.87%
Purchase Details
Closed on
Oct 1, 2000
Sold by
Roembke Robin M and Hutchinson David J
Bought by
Paris Mary Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,800
Interest Rate
8.03%
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 | $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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Pending | -- | -- | -- |
| 06/24/2025 06/24/25 | Price Changed | $79,000 | -4.2% | $90 / Sq Ft |
| 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®
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 | $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
Agents Affiliated with this Home
-
-
Seller's Agent in 2017
Kristina Leek
RE/MAX
(515) 639-0075
659 Total Sales
-
Buyer's Agent in 2017
Erin Rundall
Keller Williams Realty GDM
(515) 326-0369
6 in this area
594 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 528288
APN: 090-01049001000
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.
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.
Nearby Homes
- 4000 University Ave Unit 7
- 4000 University Ave Unit 2
- 1134 39th St
- 1206 39th St
- 1217 39th St
- 3827 Carpenter Ave
- 1242 37th St
- 1331 42nd St
- 1070 37th St
- 1249 43rd St
- 3812 Kingman Blvd
- 1148 36th St
- 1236 43rd St
- 1008 Kingman Cir
- 926 40th Place
- 947 40th St
- 1348 42nd St
- 1130 35th St
- 3601 Kingman Blvd
- 3601 & 3605 Kingman Blvd