NOT LISTED FOR SALE

4000 University Ave Unit 5 Des Moines, IA 50311

Drake Neighborhood

Estimated Value: $60,000 - $78,000

1 Bed
1 Bath
909 Sq Ft
$78/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $36,000 $40 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $657/month

81 Days on Market

Highlights

  • Ranch Style House
  • Main Floor Primary Bedroom
  • Hot Water Heating System
  • Wood Flooring
  • Formal Dining Room
  • Family Room

About This Home

As of April 2016

Enjoy the privacy and views of this eclectic top floor condo. Beautiful tongue and groove ceilings and hardwood floors add warmth to the spacious formal dining room and living room areas. Located near Drake University and the Roosevelt Shopping Center with easy access to I-235, also on the bus line. The HOA fees include: heat, water, sewer, trash, snow removal and lawn care. As a co-op owner, own 1/7 of the entire building! Investment opportunity!

Last Agent to Sell the Property

Jeff Kinion

Realty ONE Group Impact Listed on: 01/11/2016

Realty ONE Group Impact

Last Buyer's Agent

Jeff Kinion

Realty ONE Group Impact Listed on: 01/11/2016

Realty ONE Group Impact

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $714

Year Built

  • Built in 1916

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Brick Foundation
  • Rubber Roof
  • Stone Siding

Interior Spaces

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 09001841005000

Community Details

Overview

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

Recreation

  • Snow Removal

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$714

Year Built

Built in 1916

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Ranch
  • Lp Amt Sq Ft: 42.90
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 39.60
  • Termite: Follow Showing Instructions
  • Unit: 5
  • Year Built: 1916
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: Hardwood Floors, Tile Floors
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Dining Room: Formal Dining Rm
  • Family Room: 1st Floor
  • Included Items: Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 909
  • Total Sq Ft: 909

Exterior Features

  • Exterior: Stone
  • Foundation: Brick
  • Roof: Rubber
  • Street Feature: Concrete
  • Trim: Oak

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window Unit
  • Heat: Hot Water
  • Services: Exterior Maint./Bldg., Lawn Care

Association/Amenities

  • Amenities: See Remarks, Snow Removal
  • HOA Name: Mongona Coop
  • Management Firm: John Audlehem
  • Management Firm Phone: 515-865-1124

Condo/Co-op/Association

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

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: 09001841005000
  • Zoning: RES

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 714.00
  • Net Taxes: 714.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2024
Sold by
Morris Gary L
Bought by
Gary L Morris Living Trust and Morris
Current Estimated Value
$70,582

Purchase Details

Listed on
Jan 11, 2016
Closed on
Mar 31, 2016
Sold by
Donahue Mary J
Bought by
Morris Gary and Morris Gail
Seller's Agent
Jeff Kinion
Realty ONE Group Impact
Buyer's Agent
Jeff Kinion
Realty ONE Group Impact
List Price
$39,000
Sold Price
$36,000
Premium/Discount to List
-$3,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.34%

Purchase Details

Closed on
Jun 2, 2006
Sold by
Oaks Leslie J and Oaks Gary N
Bought by
Donahue Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,800
Interest Rate
6.72%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 3, 2002
Sold by
Bankers Trust Company
Bought by
Love Leslie J and Oaks Gary N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,050
Interest Rate
5.62%

Purchase Details

Closed on
Apr 7, 2000
Sold by
Landers Gloria
Bought by
Nutting Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gary L Morris Living Trust -- None Listed On Document
Morris Gary L -- None Listed On Document
Morris Gary L -- None Listed On Document
Morris Gary $36,000 None Available
Donahue Mary J $38,500 None Available
Love Leslie J $32,500 --
Nutting Timothy $25,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Donahue Mary J $31,200
Previous Owner Love Leslie J $26,050
Previous Owner Nutting Timothy $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2016 04/01/16 Sold $36,000 -7.7% $40 / Sq Ft
03/02/2016 03/02/16 Pending -- -- --
01/11/2016 01/11/16 For Sale $39,000 -- $43 / 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 $710 $46,600 $10,200 $36,400
2023 $778 $46,600 $10,200 $36,400
2022 $770 $41,900 $9,200 $32,700
2021 $764 $41,900 $9,200 $32,700
2020 $788 $39,200 $8,600 $30,600
2019 $728 $39,200 $8,600 $30,600
2018 $716 $35,600 $7,800 $27,800
2017 $732 $35,600 $7,800 $27,800
2016 $708 $35,600 $7,800 $27,800
2015 $708 $35,600 $7,800 $27,800
2014 $714 $35,600 $7,800 $27,800
Source: Public Records

Agents Affiliated with this Home

  • Jeff Kinion

    Seller's Agent in 2016

    Jeff Kinion

    Realty ONE Group Impact

    (515) 577-1941

    1 in this area

    157 Total Sales

    Jeff Kinion
    Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 509934

Des Moines Area Association of REALTORS®

APN: 090-01841005000

Iowa Polk County Des Moines 50311 Drake

4000 University Ave Unit 5, Des Moines, IA

This home is located at 4000 University Ave Unit 5, Des Moines, IA 50311 since 11 January 2016 and is currently estimated at $70,582, approximately $77 per square foot. This property was built in 1916. 4000 University Ave Unit 5 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.

Nearby Homes