$140,000
$10K PRICE DROP

4000 University Ave Unit 7 Des Moines, IA 50311

Drake Neighborhood

Estimated payment $1,063/month

Total Views 7,348
1 Bed
1 Bath
909 Sq Ft
$154 Price per Sq Ft

Highlights

  • Arts and Crafts Architecture
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • Main Floor Primary Bedroom
  • Luxury Vinyl Plank Tile Flooring
  • Family Room

About This Home

Discover modern luxury in a piece of history! This fully renovated Unit 7 (the only one in the 1916 Arts & Crafts building with central air/heat, in-unit W/D, and zero-stair entry) has not been lived in since its top-to-bottom transformation. Every detail screams high-end: Legrand smart outlets/switches, Nest thermostat, August smart locks/doorbell, energy-efficient upgrades, waterproof tiling, and sump system. Step into the spacious drop zone with floating shelves and hookups for a wet bar/utility sink. The gourmet kitchen dazzles with quartz counters, tile backsplash, stainless steel appliances (incl. dishwasher), new illuminated faucet, butcher-block coffee station, and under-island mini-fridge nook. Accordion doors reveal dual pantries with fridge hookups. Relax in the sun-drenched living room with herringbone floors, classic wainscoting, new chandeliers, and recently installed windows. The spa-like bath boasts a rain shower, jet tub, tiled surround, new toilet, and bidet-ready electrical. The primary bedroom features a tray ceiling, cedar closet, and tons of storage—including extra across the hall. Pet-friendly with a huge backyard and large parking lot. Park right next to your entry door with a small balcony area for outdoor grill or chairs. Large backyard storage can be used for decorations or bikes etc. HOA dues include water, trash, building maintenance, snow removal and landscaping. Prime location: walk to Hy-Vee, shops, restaurants, Drake, Waveland, & bus stop.

Listing Agent

Zac Bales-Henry

Black Phoenix Group Listed on: 07/25/2025

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $898

Year Built

  • Built in 1918

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Arts and Crafts Architecture
  • Brick Foundation
  • Slab Foundation
  • Rolled or Hot Mop Roof
  • Stone Siding

Interior Spaces

  • 909 Sq Ft Home
  • Family Room
  • Luxury Vinyl Plank Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 09001841007000

Community Details

Overview

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

Recreation

  • Snow Removal

Additional Features

  • Community Storage Space
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$898

Year Built

Built in 1918

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Apartment Style
  • Architecture: Arts & Craft (Craftsman)
  • Lp Amt Sq Ft: 154.02
  • Natl Assocof Home Builders: No
  • Termite: Follow Showing Instructions
  • Unit: 7
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Interior Amenities: 1st Flr Laundry, Cable TV, LVP, Smoke Detector
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Slab
  • Dining Room: Eat In Kitchen
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Dryer, Microwave, Stove, Washer
  • Living Area Sq Ft: 909
  • Total Sq Ft: 909

Exterior Features

  • Exterior: Stone
  • Foundation: Brick
  • Roof: Roll Roofing
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Services: Exterior Maint./Bldg., Lawn Care, See Remarks, Snow Removal, Trash Service

Association/Amenities

  • Amenities: Extra Storage
  • HOA Name: MONGONA COOPERATIVEHOUSING ASS
  • Management Firm: John Audlehelm
  • Management Firm Phone: (515) 865-1124

Condo/Co-op/Association

  • Association Fee: 250.0000
  • Association Fee Term: Month
  • Association Fee: Yes

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: 09001841007000
  • Zoning: NX2

Rental Info

  • Rent Restriction Description: No rentals allowed

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 898.00
  • Net Taxes: 898.00
  • Tax Year: 2025

MLS Schools

  • School District: Des Moines Independent

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2025 $824 $47,600 $11,600 $36,000
2024 $824 $41,900 $10,200 $31,700
2023 $888 $41,900 $10,200 $31,700
2022 $882 $37,700 $9,200 $28,500
2021 $878 $37,700 $9,200 $28,500
2020 $912 $35,200 $8,600 $26,600
2019 $860 $35,200 $8,600 $26,600
2018 $852 $32,000 $7,800 $24,200
2017 $866 $32,000 $7,800 $24,200
2016 $844 $32,000 $7,800 $24,200
2015 $844 $32,000 $7,800 $24,200
2014 $1,022 $32,000 $7,800 $24,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2025 10/11/25 Price Changed $140,000 -6.7% $154 / Sq Ft
07/25/2025 07/25/25 For Sale $150,000 +1400.0% $165 / Sq Ft
11/16/2017 11/16/17 Sold $10,000 -66.6% $11 / Sq Ft View Prior Sale
11/15/2017 11/15/17 Pending -- -- --
10/05/2017 10/05/17 For Sale $29,900 -- $33 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $10,000 None Available
Warranty Deed $15,000 None Available
Warranty Deed $47,500 Itc
Corporate Deed $49,500 --
Corporate Deed $10,500 --
Warranty Deed $7,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $38,320 Purchase Money Mortgage
Previous Owner $32,000 Purchase Money Mortgage
Source: Public Records

Source: Des Moines Area Association of REALTORS®

MLS Number: 722756

Des Moines Area Association of REALTORS®

APN: 090-01841007000