NOT LISTED FOR SALE

4000 University Ave Unit 2 Des Moines, IA 50311

Drake Neighborhood

Estimated Value: $91,000 - $128,000

1 Bed
1 Bath
909 Sq Ft
$120/Sq Ft Est. Value

Last Sold August 03, 2022

Last sale price $84,000 $92 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $960/month

137 Days on Market

Highlights

  • Wood Flooring
  • Covered Deck
  • Hot Water Heating System
  • Formal Dining Room
  • Fire Pit
  • Family Room

About This Home

As of August 2022

This beautifully crafted condo has been renovated and updated from the ground up with a fresh new feel (over $100,000 invested): all new flooring, countertops, backsplash, fixtures, kitchen, and a smart home package (locks, lights, and nest system). Traditional style meets modern appeal with a spacious layout with defined rooms. A newly added in-unit washer/ dryer will make for added convenience (the only unit to have one). Alongside this unit, the building has undergone substantial updates. Within walking distance of shopping, schools, entertainment, and the bus line. Only a quick 8 min drive downtown. Don't miss your chance to own this beautiful condo.

Last Listed By

Zac Bales-Henry

Black Phoenix Group Listed on: 02/04/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,075

Year Built

  • Built in 1916

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Block Foundation
  • Stucco

Interior Spaces

  • 909 Sq Ft Home
  • Family Room
  • Formal Dining Room

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Covered Deck
  • Fire Pit

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Cable TV Available

Community Details

  • John Audlehelm Association, Phone Number (515) 865-1124

Listing and Financial Details

  • Assessor Parcel Number 09001841002000

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,075

Year Built

Built in 1916

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Lp Amt Sq Ft: 92.41
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 92.41
  • Termite: Follow Showing Instructions
  • Unit: 2
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, Cable TV, Carpeting, Hardwood Floors, Laminate Floors, Tile Floors
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Dining Room: Dining Areas, Formal Dining Rm
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 909
  • Total Sq Ft: 909

Exterior Features

  • Exterior: Stucco
  • Exterior Features: Covered Deck, Fire Pit
  • Foundation: Concrete Block
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window Unit
  • Heat: Hot Water

Condo/Co-op/Association

  • Association Fee: 225.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Association/Amenities

  • HOA Name: Mongona Cooperative Assoc
  • Management Firm: John Audlehelm
  • Management Firm Phone: 5158651124

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: 09001841002000
  • Zoning: Res

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1075.00
  • Net Taxes: 1075.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
Veit Desarae and Harmon Jared
Bought by
Snyder Tatum
Total Days on Market
137
Current Estimated Value
$108,647

Purchase Details

Listed on
Sep 27, 2017
Closed on
Nov 15, 2017
Sold by
June Jill and Twedt John
Bought by
Veit Desarae
Seller's Agent
Heather Helland
RE/MAX Precision
Buyer's Agent
Zac Bales-Henry
Black Phoenix Group
List Price
$29,900
Sold Price
$15,000
Premium/Discount to List
-$14,900
-49.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.31%

Purchase Details

Closed on
May 16, 2011
Sold by
Rohlf Barbara
Bought by
June Jill and Twedt John

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 Buyer Sale Price Title Company
Snyder Tatum $130,000 None Available
Veit Desarae $15,000 None Available
June Jill $22,500 Itc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2022 08/03/22 Sold $84,000 0.0% $92 / Sq Ft
06/21/2022 06/21/22 Pending -- -- --
03/16/2022 03/16/22 Price Changed $84,000 -5.6% $92 / Sq Ft
02/04/2022 02/04/22 For Sale $89,000 +493.3% $98 / Sq Ft
11/16/2017 11/16/17 Sold $15,000 -49.8% $17 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
09/27/2017 09/27/17 For Sale $29,900 -- $33 / 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 $1,590 $80,800 $10,200 $70,600
2023 $994 $80,800 $10,200 $70,600
2022 $988 $42,200 $9,200 $33,000
2021 $984 $42,200 $9,200 $33,000
2020 $1,022 $39,400 $8,600 $30,800
2019 $962 $39,400 $8,600 $30,800
2018 $952 $35,800 $7,800 $28,000
2017 $968 $35,800 $7,800 $28,000
2016 $944 $35,800 $7,800 $28,000
2015 $944 $35,800 $7,800 $28,000
2014 $952 $35,800 $7,800 $28,000
Source: Public Records

Agents Affiliated with this Home

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Source: Des Moines Area Association of REALTORS®

MLS Number: 645177

Des Moines Area Association of REALTORS®

APN: 090-01841002000