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
- Covered Deck
- Family Room
- Formal Dining Room
- Hot Water Heating System
- Community Storage Space
About This Home
As of October 2024Why rent when you can own this charming craftsman 2 bdrm condo at an unbeatable price & DSM West location. Located within walking distance of Beaverdale retail, dining, & parks. The kitchen boasts new countertops, new LVT flooring, new backsplash, stainless steel appliances, and dovetail/soft close cabinets with pullout pantry drawers. Hardwood floors stretch throughout the 2 bdrms (which are split on opposite ends for privacy), large central living room, and formal dining area off of the kitchen. Tons of natural light throughout the entire unit, fresh paint, LVP bathroom flooring, new bathtub plumbing & faucets, your own washer & dryer in lower level, extra storage in the attic & basement, and a covered porch outside your unit. Association dues include: water, heat, trash, snow removal, lawn-care, exterior maintenance and insurance. No pet restrictions and 24 month gas/electric avg is only $57/mo. Easy access to get anywhere quickly in the metro. Schedule your showing!
Last Buyer's Agent
Cory Spilman
RE/MAX Concepts
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $538
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
- Family Room
- Formal Dining Room
- Unfinished Basement
Kitchen
- Stove
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Covered Deck
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
Additional Features
- Community Storage Space
- 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
-$2,121
Avg. Annual Appreciation
-0.34%
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 Home 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
3 in this area
200 Total Sales
-
Jen Radnich
Buyer's Agent in 2024
Jen Radnich
Keller Williams Realty GDM
(651) 295-7963
2 in this area
112 Total Sales
-
Scott Venteicher
Seller's Agent in 2020
Scott Venteicher
RE/MAX
(515) 868-1182
3 in this area
180 Total Sales
-
C
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
24 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 611571
APN: 090-01049002000
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