$69,000
SOLD DEC 31, 2018

3940 University Ave Unit 2 Des Moines, IA 50311

Drake Neighborhood
2 Beds
1 Bath
864 Sq Ft
$275/mo HOA Fee

Recently Sold

$80 Per Sq Ft

1% Below List Price

46 Days on Market

About This Home

As of October 2024

Why 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.

Last Agent to Sell the Property

Cathy Hommer

Iowa Realty Indianola Listed on: 11/15/2018

Iowa Realty Indianola

Last Buyer's Agent

Scott Venteicher

RE/MAX Concepts

RE/MAX Concepts

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,566

Year Built

1926

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 80.90
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 79.86
  • Termite: Follow Showing Instructions
  • Unit: 2
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Cable TV, Drapes/Curtains, Hardwood Floors, Laminate Floors, Smoke Detector
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Dining Room: Formal Dining Rm
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 864
  • Total Sq Ft: 864

Exterior Features

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

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window Unit
  • Heat: Hot Water
  • Services: Exterior Maint./Bldg., Lawn Care, Snow Removal, Trash Service

Association/Amenities

  • Amenities: Rent Restrictions, Snow Removal
  • HOA Name: Casa Vista Apartments
  • 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: 09001049002000
  • Zoning: R-3

Rental Info

  • Rent Restriction Description: No rentals except to family members.

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 566.00
  • Net Taxes: 566.00

MLS Schools

  • School District: Des Moines Independent

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
$110,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,121
Avg. Annual Appreciation
-0.36%
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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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

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 $1,566 $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

  • M

    Seller's Agent in 2024

    Marcia Munger

    Keller Williams Realty GDM

  • J

    Buyer's Agent in 2024

    Jen Radnich

    Keller Williams Realty GDM

  • S

    Seller's Agent in 2020

    Scott Venteicher

    RE/MAX

  • C

    Buyer's Agent in 2020

    Cory Spilman

    RE/MAX

  • C

    Seller's Agent in 2018

    Cathy Hommer

    Iowa Realty Indianola

See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 572783

Des Moines Area Association of REALTORS®

APN: 090-01049002000

Iowa Polk County Des Moines 50311 Drake

3940 University Ave Unit 2, Des Moines, IA

This home is located at 3940 University Ave Unit 2, Des Moines, IA 50311 and is currently priced at $69,000, approximately $79 per square foot. This property was built in 1926. 3940 University Ave Unit 2 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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