4000 University Ave Unit 7 Des Moines, IA 50311
Drake NeighborhoodEstimated payment $1,058/month
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
This beautifully renovated unit is located within a historic university complex built in 1918. The building showcases the Arts and Crafts movement of the early 1900s, and that charm is still evident today. In Unit 7, the current owner has made significant efforts to create a space that embodies contemporary design and style. The elegant and sophisticated ambiance is enhanced by numerous updates throughout, ensuring that there is something stunning around every corner. Upon entering, you are greeted by a spacious drop zone, complete with floating shelves. There are also hookups for a utility sink or wet bar. The kitchen features granite countertops, a tile backsplash, and stainless steel appliances. At the rear, accordion doors open to two additional storage areas, perfect for a pantry and equipped with hookups for the fridge. Below the counter, there is a built-in space for a beverage fridge. The living room is adorned with classic wainscoting, finished in a simple white that complements the herringbone-style floors, beautifully illuminated by numerous windows. The full bathroom features classic trim work, a jet tub, and a tiled surround. Lastly, the primary suite includes a tray ceiling, a cedar closet, and ample space. The building offers parking and quick access to the redesigned university corridor, within walking distance of Drake and Waveland. Nearby shops and a bus stop make it easy to navigate the city on foot or by bike. A contract sale option is available.
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
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 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $38,320 | Purchase Money Mortgage | |
| Previous Owner | $32,000 | Purchase Money Mortgage |
Source: Des Moines Area Association of REALTORS®
MLS Number: 722756
APN: 090-01841007000
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