3940 University Ave Unit 3 Des Moines, IA 50311
Drake Neighborhood
2
Beds
1
Bath
864
Sq Ft
$250/mo
HOA Fee
About This Home
As of September 2020Super Location, easy access to I-235, Hy-Vee/Drugtown, just a short car ride or walking distances to Drake University or DMS , Roosevelt shopping Center. Home offers Hardwood floors, formal dining room, newer kitchen and bath, lots of windows and great southern exposure. Security doors front and rear. The HOA dues pay for the heat and water in addition to normal maintenance. This is a Fannie Mae HomePath property. Purchase this home for as little as 3% down! Eligibility restrictions apply. This property is approved for HomePath Mortgage Financing. This property is approved for HomePath Renovation Mortgage Financing.
Townhouse Details
Home Type
- Townhome
Year Built
- Built in 1926
HOA Fees
- $250 Monthly HOA Fees
Parking
- Driveway
Home Design
- 864 Sq Ft Home
- Brick Exterior Construction
- Brick Foundation
- Asphalt Shingled Roof
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Utilities
- No Cooling
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 09001049003000
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%
Total Days on Market
163
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
$34,706
Avg. Annual Appreciation
8.24%
Original Mortgage
$70,775
Outstanding Balance
$63,938
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$43,462
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
Purchase Details
Closed on
Jul 24, 2002
Sold by
Weatherby Shelly and Estate Of Shirley M Weatherby
Bought by
Paulikova Zuzana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,500
Interest Rate
6.8%
Map
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Home Values in the Area
Average Home Value in this Area
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
| 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
Source: Des Moines Area Association of REALTORS®
MLS Number: 416860
APN: 090-01049003000
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