3940 University Ave Unit 2 Des Moines, IA 50311
Drake Neighborhood
2
Beds
1
Bath
864
Sq Ft
$275/mo
HOA Fee
Highlights
- Wood Flooring
- Formal Dining Room
- Hot Water Heating System
- Main Floor Primary Bedroom
About This Home
As of October 2024Why rent when you can own this charming 2 bedroom condo. Located within walking distance of Beaverdale retail, dining, and parks. The kitchen boast new stainless appliances, maple cabinets (with tall pantry that has pull outs), counter tops, back splash and flooring. This open floor plan is highlighted by hardwood floors, fresh paint and ample natural light through the newer windows. Move in ready with window treatments and freshly painted rooms. Full-size washer and dryer on lower level, reserved parking space and extra locker storage in attic and basement. With easy highway access to get anywhere quickly in the Metro area it is a must see. Maintenance free living; association dues include water, heat, trash, snow removal, lawn-care and insurance.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $566
Year Built
- Built in 1926
HOA Fees
- $275 Monthly HOA Fees
Home Design
- Brick Exterior Construction
- Brick Foundation
- Asphalt Shingled Roof
Interior Spaces
- 864 Sq Ft Home
- Drapes & Rods
- Formal Dining Room
- Unfinished Basement
Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- Primary Bedroom on Main
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Municipal Trash
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 09001049002000
Community Details
Overview
- The community has rules related to renting
Recreation
- Snow Removal
Security
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 22, 2024
Closed on
Oct 7, 2024
Sold by
Hendricks Teresa M
Bought by
Dillon Bret-Wayne
Seller's Agent
Marcia Munger
Keller Williams Realty GDM
Buyer's Agent
Jen Radnich
Keller Williams Realty GDM
List Price
$110,000
Sold Price
$113,000
Premium/Discount to List
$3,000
2.73%
Views
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,464
Avg. Annual Appreciation
-0.43%
Original Mortgage
$90,400
Outstanding Balance
$89,888
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$22,774
Purchase Details
Listed on
Aug 10, 2020
Closed on
Sep 24, 2020
Sold by
Nickerson Alexander C and Nickerson Stephanie
Bought by
Hendricks Teresa M
Seller's Agent
Scott Venteicher
RE/MAX Concepts
Buyer's Agent
Cory Spilman
RE/MAX Concepts
List Price
$72,900
Sold Price
$72,900
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.46%
Original Mortgage
$58,320
Interest Rate
8.23%
Mortgage Type
New Conventional
Purchase Details
Listed on
Nov 15, 2018
Closed on
Dec 30, 2018
Sold by
Wiedmann James and Wiedmann Mary Pat
Bought by
Nickeson Alexander C
Seller's Agent
Cathy Hommer
Iowa Realty Indianola
Buyer's Agent
Scott Venteicher
RE/MAX Concepts
List Price
$69,900
Sold Price
$69,000
Premium/Discount to List
-$900
-1.29%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.19%
Original Mortgage
$55,200
Interest Rate
4.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 4, 2018
Sold by
Wiedman Mary Pat
Bought by
Wiedmann James and Wiedmann Mary Pat
Similar Homes in Des Moines, IA
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 | $113,000 | None Listed On Document | |
| Warranty Deed | $73,000 | None Available | |
| Warranty Deed | $69,000 | None Available | |
| Warranty Deed | $69,000 | None Available | |
| Warranty Deed | $10,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $90,400 | New Conventional | |
| Previous Owner | $73,800 | New Conventional | |
| Previous Owner | $58,320 | New Conventional | |
| Previous Owner | $54,200 | New Conventional | |
| Previous Owner | $55,200 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/10/2024 10/10/24 | Sold | $113,000 | +2.7% | $128 / Sq Ft |
| 09/13/2024 09/13/24 | Pending | -- | -- | -- |
| 08/22/2024 08/22/24 | For Sale | $110,000 | +50.9% | $125 / Sq Ft |
| 09/28/2020 09/28/20 | Sold | $72,900 | 0.0% | $84 / Sq Ft |
| 09/28/2020 09/28/20 | Pending | -- | -- | -- |
| 08/10/2020 08/10/20 | For Sale | $72,900 | +5.7% | $84 / Sq Ft |
| 12/31/2018 12/31/18 | Sold | $69,000 | -1.3% | $80 / Sq Ft |
| 12/31/2018 12/31/18 | Pending | -- | -- | -- |
| 11/15/2018 11/15/18 | For Sale | $69,900 | -- | $81 / 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 | $1,566 | $79,600 | $15,000 | $64,600 |
| 2023 | $1,686 | $79,600 | $15,000 | $64,600 |
| 2022 | $1,672 | $71,500 | $13,500 | $58,000 |
| 2021 | $1,422 | $71,500 | $13,500 | $58,000 |
| 2020 | $1,472 | $65,600 | $12,400 | $53,200 |
| 2019 | $538 | $65,600 | $12,400 | $53,200 |
| 2018 | $566 | $20,000 | $11,300 | $8,700 |
| 2017 | $1,512 | $30,000 | $11,300 | $18,700 |
| 2016 | $1,468 | $64,400 | $10,600 | $53,800 |
| 2015 | $1,468 | $64,400 | $10,600 | $53,800 |
| 2014 | $1,480 | $64,400 | $10,600 | $53,800 |
Source: Public Records
Agents Affiliated with this Home
-
Marcia Munger
Seller's Agent in 2024
Marcia Munger
Keller Williams Realty GDM
(515) 321-6607
5 in this area
205 Total Sales
-
Jen Radnich
Buyer's Agent in 2024
Jen Radnich
Keller Williams Realty GDM
(651) 295-7963
2 in this area
115 Total Sales
-
Scott Venteicher
Seller's Agent in 2020
Scott Venteicher
RE/MAX
(515) 868-1182
3 in this area
185 Total Sales
-
Buyer's Agent in 2020
Cory Spilman
RE/MAX
-
Cathy Hommer
C
Seller's Agent in 2018
Cathy Hommer
Iowa Realty Indianola
(515) 681-6394
26 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 572783
APN: 090-01049002000
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