4000 University Ave Unit 4 Des Moines, IA 50311
Drake Neighborhood
1
Bed
1
Bath
909
Sq Ft
2
Acres
Highlights
- Ranch Style House
- Living Room
- Family Room
- No HOA
- Dining Room
About This Home
As of April 2025Welcome Home. Here is an awesome opportunity for someone that wants to build equity in something without the maintenance that comes with a regular residential home. Close proximity to 42nd st. shops and restaurants. Drake University is right down the street. Would be perfect property for Drake student. Unit has some modern updates. Storage and Laundry are in (shared) basement. Call your agent and schedule a showing!
Last Agent to Sell the Property
RE/MAX Precision Marshalltown Listed on: 11/29/2021
Last Buyer's Agent
Outside Agent- MIR Outside Agent- MIR
Outside Office
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,118
Year Built
- Built in 1916
Home Design
- Ranch Style House
- Stucco Exterior
Interior Spaces
- 909 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Unfinished Basement
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Utilities
- Window Unit Cooling System
- Boiler Heating System
Community Details
- No Home Owners Association
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 29, 2021
Closed on
Feb 23, 2022
Sold by
Blase Raymond K and Blase Karen K
Bought by
Borts Benjamin
Seller's Agent
Gilbert Gonzales
RE/MAX Precision Marshalltown
Buyer's Agent
Outside Agent- MIR Outside Agent- MIR
Outside Office
List Price
$54,000
Sold Price
$50,000
Premium/Discount to List
-$4,000
-7.41%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.37%
Purchase Details
Listed on
Feb 8, 2019
Closed on
May 1, 2019
Sold by
Long Larry N and Long Helena L
Bought by
Blase Raymond
Seller's Agent
John Joseph Donahey
RE/MAX Precision
Buyer's Agent
John Joseph Donahey
RE/MAX Precision
List Price
$52,000
Sold Price
$47,000
Premium/Discount to List
-$5,000
-9.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.22%
Purchase Details
Closed on
Nov 30, 2009
Sold by
Etter Heidi and Etter Mike
Bought by
Long Larry N and Long Helena L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,760
Interest Rate
5.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 27, 2002
Sold by
Kuehn Robert C and Kuehn Jolene C
Bought by
Bruce Heidi and Etter Mike
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,500
Interest Rate
6.93%
Purchase Details
Closed on
Sep 12, 1997
Sold by
Omalley Michael W and Echer Marie J
Bought by
Kuehn Robert C and Kuehn Jolene C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,150
Interest Rate
7.44%
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-
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Monthly Park Lot Rent $615.00 plus water/sewer/trash usage.
Joanne Stevens Iowa Realty, Inc. - CR
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 | $50,000 | None Listed On Document | |
| Warranty Deed | $47,000 | None Available | |
| Warranty Deed | $42,000 | Itc | |
| Quit Claim Deed | $39,000 | -- | |
| Deed | $23,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $33,760 | New Conventional | |
| Previous Owner | $39,500 | No Value Available | |
| Previous Owner | $21,150 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/30/2025 04/30/25 | Sold | $53,000 | -11.7% | $58 / Sq Ft |
| 04/18/2025 04/18/25 | Pending | -- | -- | -- |
| 03/29/2025 03/29/25 | Price Changed | $60,000 | -14.2% | $66 / Sq Ft |
| 01/09/2025 01/09/25 | Price Changed | $69,900 | -89.9% | $77 / Sq Ft |
| 01/09/2025 01/09/25 | For Sale | $690,000 | +1280.0% | $759 / Sq Ft |
| 02/25/2022 02/25/22 | Sold | $50,000 | -7.4% | $55 / Sq Ft |
| 01/31/2022 01/31/22 | Pending | -- | -- | -- |
| 11/29/2021 11/29/21 | For Sale | $54,000 | +14.9% | $59 / Sq Ft |
| 05/02/2019 05/02/19 | Sold | $47,000 | -9.6% | $52 / Sq Ft |
| 04/02/2019 04/02/19 | Pending | -- | -- | -- |
| 02/08/2019 02/08/19 | For Sale | $52,000 | -- | $57 / Sq Ft |
Source: NoCoast MLS
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 | $804 | $51,300 | $10,200 | $41,100 |
| 2023 | $878 | $51,300 | $10,200 | $41,100 |
| 2022 | $1,078 | $46,100 | $9,200 | $36,900 |
| 2021 | $1,076 | $46,100 | $9,200 | $36,900 |
| 2020 | $1,118 | $43,100 | $8,600 | $34,500 |
| 2019 | $824 | $43,100 | $8,600 | $34,500 |
| 2018 | $810 | $39,200 | $7,800 | $31,400 |
| 2017 | $830 | $39,200 | $7,800 | $31,400 |
| 2016 | $804 | $39,200 | $7,800 | $31,400 |
| 2015 | $804 | $39,200 | $7,800 | $31,400 |
| 2014 | $810 | $39,200 | $7,800 | $31,400 |
Source: Public Records
Agents Affiliated with this Home
-
J
Seller's Agent in 2025
Jennita Brennan
United Real Estate Profess
(515) 520-4555
1 in this area
14 Total Sales
-
Buyer's Agent in 2025
Matt Cole
RE/MAX
(515) 669-2004
8 in this area
156 Total Sales
-
Seller's Agent in 2022
Gilbert Gonzales
RE/MAX Precision Marshalltown
(641) 691-2642
5 in this area
275 Total Sales
-
O
Buyer's Agent in 2022
Outside Agent- MIR Outside Agent- MIR
Outside Office
-
J
Seller's Agent in 2019
John Joseph Donahey
RE/MAX
Map
Source: NoCoast MLS
MLS Number: NOC6131022
APN: 090-01841004000
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