$189,000
SOLD OCT 23, 2015
-- Bed
1 Bath
960 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$197 Per Sq Ft

6% Below List Price

35 Days on Market

Highlights

  • 4 Kitchens
  • Laundry Room
  • Forced Air Heating System
  • No HOA
  • Storage

About This Home

As of October 2019

This home is located at 4023 E University Ave, Des Moines, IA 50317 and is currently priced at $189,000, approximately $196 per square foot. This property was built in 1917. 4023 E University Ave is a home located in Polk County with nearby schools including Willard Elementary School, Hoyt Middle School, and East High School.

Last Agent to Sell the Property

Michael Petersen

Realty ONE Group Impact Listed on: 09/09/2015

Realty ONE Group Impact

Last Buyer's Agent

OUTSIDE AGENT

OTHER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1917

Lot Details

  • 5,000 Sq Ft Lot

Home Design

  • Block Foundation

Interior Spaces

  • 1 Full Bathroom
  • 2-Story Property
  • Storage
  • Laundry Room
  • 4 Kitchens
  • Unfinished Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 10012453000000

Property Details

Home Type

Multi-Family

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Termite: Call Listing Agent
  • Year Built: 1917
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 4
  • Stoves Total: 4
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1790
  • Kitchens: 4
  • Laundry: Yes
  • Storage: Yes

Exterior Features

  • Foundation: Concrete Block
  • Street Feature: Concrete

Utilities

  • Air Conditioner: Window Unit
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Schools

  • School District: Des Moines Independent

Lot Info

  • Acres: 0.1150
  • Lot S F: 5000
  • Assessor Parcel Number: 10012453000000
  • Zoning: R-3

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Electric Tenant, Gas Landlord, Water Landlord

Tax Info

  • Gross Taxes: 5600.00
  • Net Taxes: 5600.00

Multi Family

  • Total Units: 4

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2019
Closed on
Oct 21, 2019
Sold by
Winders Alice M
Bought by
Nixon Weston C
Seller's Agent
Alice Winders
RE/MAX Revolution
Buyer's Agent
Nigel Chapman
Guardian Real Estate Group
List Price
$107,000
Sold Price
$94,850
Premium/Discount to List
-$12,150
-11.36%
Total Days on Market
35
Current Estimated Value
$117,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,966
Avg. Annual Appreciation
3.93%
Original Mortgage
$92,004
Outstanding Balance
$81,658
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$36,158

Purchase Details

Listed on
Jan 25, 2018
Closed on
Mar 19, 2018
Sold by
The Secretary Of Hud
Bought by
Winders Alice M
Seller's Agent
Ellen Fitzpatrick
Ellen Fitzpatrick Real Estate
Buyer's Agent
Alice Winders
RE/MAX Revolution
List Price
$38,000
Sold Price
$39,500
Premium/Discount to List
$1,500
3.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
73.49%
Original Mortgage
$31,600
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2017
Sold by
Irving Janice E
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jan 12, 2004
Sold by
Smith David L
Bought by
Irving Janice E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
5.94%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 2003
Sold by
Smith Nancy L Minick
Bought by
Smith David L

Purchase Details

Closed on
Oct 15, 1999
Sold by
Watt James Gavin
Bought by
Smith David L and Smith Nancy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$19,300
Interest Rate
7.49%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $95,000 None Available
Special Warranty Deed -- None Available
Sheriffs Deed $38,979 None Available
Warranty Deed $59,500 --
Interfamily Deed Transfer -- --
Warranty Deed $25,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $92,004 New Conventional
Previous Owner $31,600 New Conventional
Previous Owner $7,900 Stand Alone Second
Previous Owner $54,000 FHA
Previous Owner $19,300 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2019 10/21/19 Sold $94,850 -11.4% $99 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
06/21/2019 06/21/19 For Sale $107,000 +170.9% $111 / Sq Ft
03/19/2018 03/19/18 Sold $39,500 +3.9% $41 / Sq Ft
02/17/2018 02/17/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $38,000 -79.9% $40 / Sq Ft
10/23/2015 10/23/15 Sold $189,000 -5.5% $197 / Sq Ft
10/14/2015 10/14/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $200,000 -- $208 / 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 $1,546 $78,600 $10,800 $67,800
2023 $1,664 $78,600 $10,800 $67,800
2022 $1,652 $70,600 $9,700 $60,900
2021 $1,602 $70,600 $9,700 $60,900
2020 $1,436 $64,200 $8,800 $55,400
2019 $1,208 $64,200 $8,800 $55,400
2018 $1,424 $53,500 $7,300 $46,200
2017 $1,374 $53,500 $7,300 $46,200
2016 $1,338 $50,800 $6,900 $43,900
2015 $1,338 $50,800 $6,900 $43,900
2014 $1,370 $51,600 $7,000 $44,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 503907

Des Moines Area Association of REALTORS®

APN: 050-02426002000