$60,000
SOLD APR 8, 2016

3940 University Ave Unit 3 Des Moines, IA 50311

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

Recently Sold

$69 Per Sq Ft

53 Days on Market

Highlights

  • Wood Flooring
  • Hot Water Heating System
  • Dining Area

About This Home

As of September 2020

This cozy condo is your ticket out of the rental life. Perfectly located near restaurants, bars and shopping-- you’ll have everything you need in one spot. With over 860 sqft and 2 full bedrooms there is more than enough room to kick back and relax. Newly updated kitchen, bathroom and paint will make it perfect for a turnkey lifestyle. Association dues include water, heat, trash and insurance. What are you waiting for? This is your chance to own a little piece of real estate!

Last Agent to Sell the Property

Zac Bales-Henry

Black Phoenix Group Listed on: 02/08/2016

Co-Listed By

Travis Moulton

RE/MAX Precision

Last Buyer's Agent

Chris Chiaramonte

Century 21 Signature

Century 21 Signature

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,193

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
  • Dining Area
  • Unfinished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

Utilities

  • No Cooling
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 09001049003000

Community Details

Overview

  • Casa Vista Association

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,193

Year Built

Built in 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: 69.44
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 69.44
  • Termite: Call Listing Agent
  • Unit: 3
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Hardwood Floors, Smoke Detector, Tile Floors
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Dining Room: Dining Areas
  • Included Items: Dishwasher, Microwave, Stove
  • Living Area Sq Ft: 864
  • Total Sq Ft: 864

Exterior Features

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

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: None
  • Heat: Hot Water

Condo/Co-op/Association

  • Association Fee: 275.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Association/Amenities

  • HOA Name: Casa Vista
  • Management Firm: Casa Vista

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: 09001049003000
  • Zoning: RES

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1193.00
  • Net Taxes: 962.00
  • Tax Year: 2015

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2020
Closed on
Sep 23, 2020
Sold by
Bromwell Karla J
Bought by
Sodergren Monica
Seller's Agent
Suzana Dobrosavljevic
RE/MAX Concepts
Buyer's Agent
Bambi Helm
Keller Williams Realty GDM
List Price
$73,000
Sold Price
$74,500
Premium/Discount to List
$1,500
2.05%
Current Estimated Value
$106,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,366
Avg. Annual Appreciation
7.91%
Original Mortgage
$70,775
Outstanding Balance
$63,658
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$43,208

Purchase Details

Listed on
May 17, 2018
Closed on
Jun 20, 2018
Sold by
Richmond Claire E
Bought by
Bromwell Karla J
Seller's Agent
Nora Crosthwaite
Realty ONE Group Impact
Buyer's Agent
Marinela Mic Plucic
Realty ONE Group Impact
List Price
$65,000
Sold Price
$65,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$12,863
Interest Rate
4.6%
Mortgage Type
Unknown

Purchase Details

Listed on
Feb 8, 2016
Closed on
Apr 7, 2016
Sold by
Healey Andrew
Bought by
Richmond Claire E
Seller's Agent
Zac Bales-Henry
Black Phoenix Group
Buyer's Agent
Chris Chiaramonte
Century 21 Signature
List Price
$60,000
Sold Price
$60,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.71%

Purchase Details

Listed on
Apr 30, 2013
Closed on
Nov 17, 2013
Sold by
Paulikova Zuzana
Bought by
Federal National Mortgage Association
Seller's Agent
Marlea DePenning
BHHS First Realty Westown
Buyer's Agent
Marlea DePenning
BHHS First Realty Westown
List Price
$49,900
Sold Price
$29,200
Premium/Discount to List
-$20,700
-41.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.66%

Purchase Details

Listed on
Apr 30, 2013
Closed on
Sep 9, 2013
Sold by
Federal National Mortgage Association
Bought by
Healey Andrew
Seller's Agent
Marlea DePenning
BHHS First Realty Westown
Buyer's Agent
Marlea DePenning
BHHS First Realty Westown
List Price
$49,900
Sold Price
$29,200
Premium/Discount to List
-$20,700
-41.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,360
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2013
Sold by
Jacobson Keri and Jacobson Keri L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 18, 2006
Sold by
Miller Jocelyn
Bought by
Jacobson Keri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 21, 2006
Sold by
Paulikova Zuzana
Bought by
Miller Jocelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,950
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 21, 2005
Sold by
Riley Richard
Bought by
Riley Zuzana Paulikova
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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 $74,500 None Available
Warranty Deed $65,000 None Available
Warranty Deed $60,000 None Available
Quit Claim Deed -- None Available
Special Warranty Deed $29,200 None Available
Sheriffs Deed $91,560 None Available
Warranty Deed $84,500 None Available
Warranty Deed $78,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $70,775 New Conventional
Previous Owner $12,863 Unknown
Previous Owner $52,000 Adjustable Rate Mortgage/ARM
Previous Owner $23,360 New Conventional
Previous Owner $85,000 Purchase Money Mortgage
Previous Owner $74,950 Fannie Mae Freddie Mac
Previous Owner $47,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $74,500 +2.1% $86 / Sq Ft
09/25/2020 09/25/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $73,000 +12.3% $84 / Sq Ft
06/21/2018 06/21/18 Sold $65,000 0.0% $75 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
05/17/2018 05/17/18 For Sale $65,000 +8.3% $75 / Sq Ft
04/08/2016 04/08/16 Sold $60,000 0.0% $69 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $60,000 +105.5% $69 / Sq Ft
11/08/2013 11/08/13 Sold $29,200 -41.5% $34 / Sq Ft
10/10/2013 10/10/13 Pending -- -- --
04/30/2013 04/30/13 For Sale $49,900 -- $58 / 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 $1,352 $79,200 $15,000 $64,200
2023 $1,466 $79,200 $15,000 $64,200
2022 $1,454 $71,100 $13,500 $57,600
2021 $1,412 $71,100 $13,500 $57,600
2020 $1,462 $65,200 $12,400 $52,800
2019 $1,384 $65,200 $12,400 $52,800
2018 $1,596 $60,000 $11,300 $48,700
2017 $1,218 $60,000 $11,300 $48,700
2016 $956 $45,000 $10,600 $34,400
2015 $956 $45,000 $10,600 $34,400
2014 $1,650 $45,000 $10,600 $34,400
Source: Public Records

Agents Affiliated with this Home

  • Bambi Helm

    Buyer's Agent in 2020

    Bambi Helm

    Keller Williams Realty GDM

    (515) 661-1595

    Section Image
  • Nora Crosthwaite

    Seller's Agent in 2018

    Nora Crosthwaite

    Realty ONE Group Impact

    (515) 783-9815

    2 in this area

    194 Total Sales

    Nora Crosthwaite
    Section Image
  • Marinela Mic Plucic

    Buyer's Agent in 2018

    Marinela Mic Plucic

    Realty ONE Group Impact

    (913) 647-5700

    10 Total Sales

    Section Image
  • Zac Bales-Henry

    Seller's Agent in 2016

    Zac Bales-Henry

    Black Phoenix Group

    (515) 494-7772

    5 in this area

    137 Total Sales

    Zac Bales-Henry
    Section Image
  • Travis Moulton

    Seller Co-Listing Agent in 2016

    Travis Moulton

    RE/MAX

    (515) 494-1066

    10 Total Sales

    Travis Moulton
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 511377

Des Moines Area Association of REALTORS®

APN: 090-01049003000

Iowa Polk County Des Moines 50311 Drake

3940 University Ave Unit 3, Des Moines, IA

This home is located at 3940 University Ave Unit 3, Des Moines, IA 50311 and is currently priced at $60,000, approximately $69 per square foot. This property was built in 1926. 3940 University Ave Unit 3 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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