NOT LISTED FOR SALE

4037 E University Ave Unit 9 Des Moines, IA 50317

Valley High Manor Neighborhood

Estimated Value: $107,585 - $125,000

2 Beds
1 Bath
960 Sq Ft
$121/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $75,000 $78 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $879/month

74 Days on Market

Highlights

  • Recreation Room
  • Family Room
  • Carpet
  • Forced Air Heating and Cooling System

About This Home

As of July 2018

Great space in this super affordable townhome! There is a large living area with an eat in kitchen overlooking the back deck, perfect for grilling or relaxing. The bedrooms upstairs are very spacious with the full bathroom. The basement is ready for you to make into another rec room or man cave. You cannot find a value like this for this price!

Last Agent to Sell the Property

Susan Sheldahl

Realty One Group Impact Listed on: 05/07/2018

Realty One Group Impact

Last Buyer's Agent

Susan Sheldahl

Realty One Group Impact Listed on: 05/07/2018

Realty One Group Impact

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,374

Year Built

  • Built in 1971

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • Driveway

Home Design

  • Brick Foundation
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Recreation Room
  • Unfinished Basement

Kitchen

  • Stove
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 05002426009000

Community Details

Overview

  • Knob Hill HOA, Phone Number (515) 975-7390

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,374

Year Built

Built in 1971

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Condo-Townhome
  • Style: Two Story
  • Lp Amt Sq Ft: 78.12
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 78.12
  • Termite: Call Listing Agent
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Interior Amenities: Carpeting, Laminate Floors, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 480
  • Family Room: 1st Floor, Rec. Room
  • Included Items: Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 960
  • Total Sq Ft: 960

Exterior Features

  • Foundation: Brick, Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt

Garage/Parking

  • Driveway: Concrete

Utilities

  • Sewer: City
  • Water: City, Community
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Services: Lawn Care, Trash Service, Utilities

Condo/Co-op/Association

  • Association Fee: 150.0000
  • Association Fee Term: Month
  • Association Fee: Yes

Association/Amenities

  • HOA Name: Knobb Hill HOA
  • Management Firm: Knob Hill HOA
  • Management Firm Phone: 515-975-7390

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: 05002426009000
  • Zoning: R

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1374.00
  • Net Taxes: 1374.00

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2018
Closed on
Jul 19, 2018
Sold by
Tag Financial Llc
Bought by
Richmond Kylie
Seller's Agent
Susan Sheldahl
Realty One Group Impact
Buyer's Agent
Susan Sheldahl
Realty One Group Impact
List Price
$75,000
Sold Price
$75,000
Total Days on Market
74
Current Estimated Value
$116,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,146
Avg. Annual Appreciation
6.57%
Original Mortgage
$11,250
Outstanding Balance
$4,323
Interest Rate
4.5%
Mortgage Type
Stand Alone Second
Estimated Equity
$111,823

Purchase Details

Listed on
Jun 30, 2015
Closed on
Aug 22, 2015
Sold by
Whitehurst Calvin
Bought by
Tag Financial Llc
Seller's Agent
Kimber Powell
Coldwell Banker Mid-America
Buyer's Agent
Susan Sheldahl
Realty One Group Impact
List Price
$57,500
Sold Price
$53,000
Premium/Discount to List
-$4,500
-7.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.72%

Purchase Details

Closed on
Jul 24, 2009
Sold by
Mayfield Pamela L
Bought by
Whitehurst Calvin

Purchase Details

Closed on
Jul 22, 2002
Sold by
Glawe Kirk V and Glawe Kelly
Bought by
Mayfield Pamela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,900
Interest Rate
6.8%
Mortgage Type
FHA
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 Buyer Sale Price Title Company
Richmond Kylie $75,000 None Available
Tag Financial Llc $53,000 Attorney
Whitehurst Calvin $75,500 None Available
Mayfield Pamela L $53,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richmond James A $11,250
Open Richmond Kylie $60,000
Previous Owner Mayfield Pamela L $15,000
Previous Owner Mayfield Pamela L $51,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $75,000 0.0% $78 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $75,000 +41.5% $78 / Sq Ft
08/25/2015 08/25/15 Sold $53,000 -7.8% $55 / Sq Ft
08/14/2015 08/14/15 Pending -- -- --
06/30/2015 06/30/15 For Sale $57,500 -- $60 / 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 $1,340 $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 $1,664 $64,200 $8,800 $55,400
2019 $1,438 $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: 560595

Des Moines Area Association of REALTORS®

APN: 050-02426009000