3940 University Ave Unit 4 Des Moines, IA 50311
Drake Neighborhood
2
Beds
1
Bath
864
Sq Ft
$275/mo
HOA Fee
Highlights
- Wood Flooring
- Hot Water Heating System
- Community Storage Space
About This Home
As of November 2024Stop renting and start owning! This charming condo is your way out. What a great location, just minutes away from shopping, bars, restaurants and downtown. Additionally the bus stop is located right out in front, save money and use the bus! Property boasts over 860 square feet and 2 full bedrooms. Updated kitchen, bathroom and hardwood floors throughout. Unit also has a hidden spot for the washer and dryer, so no need to go downstairs to do the laundry. Association dues include waster, heat, trash and insurance. Cozy up and enjoy this one from the moment you move in.
Last Agent to Sell the Property
Ryan Sharp
Platinum Realty LLC Listed on: 08/19/2016
Last Buyer's Agent
Kira Sales
RE/MAX Precision
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $956
Year Built
- Built in 1926
HOA Fees
- $275 Monthly HOA Fees
Parking
- Driveway
Home Design
- Brick Exterior Construction
- Brick Foundation
- Asphalt Shingled Roof
Interior Spaces
- 864 Sq Ft Home
- Drapes & Rods
- Wood Flooring
Kitchen
- Stove
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Laundry
- Dryer
- Washer
Home Security
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Municipal Trash
Community Details
- Community Storage Space
- Fire and Smoke Detector
Listing and Financial Details
- Assessor Parcel Number 09001049004000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2024
Closed on
Nov 4, 2024
Sold by
Nicholson Brianne Jalae and Mcginn Brianne J
Bought by
Nelson Kari L
Seller's Agent
Pennie Carroll
Pennie Carroll & Associates
Buyer's Agent
Samantha Hogan
RE/MAX Precision
List Price
$115,000
Sold Price
$107,000
Premium/Discount to List
-$8,000
-6.96%
Views
31
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
$604
Avg. Annual Appreciation
1.71%
Original Mortgage
$101,650
Outstanding Balance
$101,147
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$6,983
Purchase Details
Listed on
Sep 16, 2024
Closed on
Oct 31, 2024
Sold by
Mcginn Luke Mclean
Bought by
Mcginn Brianne J and Nicholson Brianne Jalae
Seller's Agent
Pennie Carroll
Pennie Carroll & Associates
Buyer's Agent
Samantha Hogan
RE/MAX Precision
List Price
$115,000
Sold Price
$107,000
Premium/Discount to List
-$8,000
-6.96%
Views
31
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,650
Outstanding Balance
$101,147
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$6,983
Purchase Details
Listed on
Aug 19, 2016
Closed on
Sep 29, 2016
Sold by
Sharp Ryan and Sharp Dennis J
Bought by
Mcginn Brianne J and Mcginn Luke
Seller's Agent
Ryan Sharp
Platinum Realty LLC
Buyer's Agent
Kira Sales
RE/MAX Precision
List Price
$65,000
Sold Price
$63,000
Premium/Discount to List
-$2,000
-3.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.76%
Original Mortgage
$59,850
Interest Rate
3.46%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 1, 2011
Sold by
Fogel Bernard L and The Estate Of Rose Schuster Fo
Bought by
Sharp Ryan and Sharp Dennis F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.77%
Mortgage Type
New Conventional
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 | $107,000 | None Listed On Document | |
| Certificate Of Transfer | -- | -- | |
| Warranty Deed | $63,000 | None Available | |
| Legal Action Court Order | $28,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $101,650 | New Conventional | |
| Previous Owner | $59,850 | New Conventional | |
| Previous Owner | $40,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/05/2024 11/05/24 | Sold | $107,000 | -2.7% | $121 / Sq Ft |
| 10/03/2024 10/03/24 | Pending | -- | -- | -- |
| 09/23/2024 09/23/24 | Price Changed | $110,000 | -4.3% | $125 / Sq Ft |
| 09/16/2024 09/16/24 | For Sale | $115,000 | +82.5% | $130 / Sq Ft |
| 09/30/2016 09/30/16 | Sold | $63,000 | -3.1% | $73 / Sq Ft |
| 09/30/2016 09/30/16 | Pending | -- | -- | -- |
| 08/19/2016 08/19/16 | For Sale | $65,000 | -- | $75 / 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 | $1,558 | $79,200 | $15,000 | $64,200 |
| 2023 | $1,676 | $79,200 | $15,000 | $64,200 |
| 2022 | $1,662 | $71,100 | $13,500 | $57,600 |
| 2021 | $1,628 | $71,100 | $13,500 | $57,600 |
| 2020 | $1,690 | $65,200 | $12,400 | $52,800 |
| 2019 | $1,666 | $65,200 | $12,400 | $52,800 |
| 2018 | $1,650 | $62,000 | $11,300 | $50,700 |
| 2017 | $754 | $62,000 | $11,300 | $50,700 |
| 2016 | $730 | $36,400 | $10,600 | $25,800 |
| 2015 | $730 | $36,400 | $10,600 | $25,800 |
| 2014 | $704 | $36,400 | $10,600 | $25,800 |
Source: Public Records
Agents Affiliated with this Home
-
Pennie Carroll
Seller's Agent in 2024
Pennie Carroll
Pennie Carroll & Associates
(515) 490-8025
17 in this area
1,295 Total Sales
-
Samantha Hogan
Buyer's Agent in 2024
Samantha Hogan
RE/MAX
(515) 783-2732
2 in this area
19 Total Sales
-
R
Seller's Agent in 2016
Ryan Sharp
Platinum Realty LLC
-
Tom Miller
Seller Co-Listing Agent in 2016
Tom Miller
EXP Realty, LLC
(515) 729-2362
1 in this area
107 Total Sales
-
K
Buyer's Agent in 2016
Kira Sales
RE/MAX
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 524052
APN: 090-01049004000
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