NOT LISTED FOR SALE

4902 University Ave Unit 225 Des Moines, IA 50311

Waveland Park Neighborhood

Estimated Value: $151,000 - $167,000

2 Beds
2 Baths
1,202 Sq Ft
$132/Sq Ft Est. Value

Last Sold September 26, 2024

Last sale price $160,000 $133 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,611/month

39 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Formal Dining Room
  • Midcentury Modern Architecture
  • Community Center
  • Eat-In Kitchen

About This Home

As of September 2024

Contemporary condo overlooking the Waveland Golf Course is now ready for its new owners! Walk into this second floor condo to be greeted by a formal dining room, kitchen with all appliances included, overlooking the sunken living room that leads to a balcony with amazing views of the golf course. Offering over 1,200 square feet, this condo features a primary bedroom with en-suite and a closet. Another bedroom, bathroom and additional closet space is off the hallway. This unit has extra storage space and covered parking. Common resident area includes game/community room and secluded pool! This home has been well cared for, is move in ready, close to the interstate and just minutes from shopping and restaurants.

Last Listed By

Jasmina Salkic

EXIT Realty & Associates Listed on: 06/21/2024

EXIT Realty & Associates

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $1,781

Year Built

  • Built in 1970

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • Carport

Home Design

  • Midcentury Modern Architecture
  • Block Foundation
  • Rolled or Hot Mop Roof
  • Cement Board or Planked

Interior Spaces

  • 1,202 Sq Ft Home
  • Family Room
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 09007115010000

Community Details

Overview

  • Capital City Property M Association, Phone Number (515) 560-2637

Amenities

  • Community Center
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Snow Removal

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Apartment

Est. Annual Taxes

$1,781

Year Built

Built in 1970

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Apartment Style
  • Architecture: Mid Century Modern
  • Lp Amt Sq Ft: 137.19
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 133.11
  • Unit: 225
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Fire Alarm, LVP, Tile Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Dining Room: Eat In Kitchen, Formal Dining Rm
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 1202
  • Total Sq Ft: 1202

Exterior Features

  • Exterior: Cement Board
  • Exterior Features: Deck
  • Foundation: Concrete Block
  • Pool: Inground
  • Roof: Roll Roofing
  • Street Feature: Asphalt
  • Trim: Paint

Garage/Parking

  • Driveway: Asphalt
  • Garage: Carport

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Electric Forced Air
  • Services: Exterior Maint./Bldg., Insurance, Lawn Care, Snow Removal, Trash Service, Utilities

Association/Amenities

  • Amenities: Community Center, Community Laundry, Extra Storage, Pet Restrictions, See Remarks, Snow Removal
  • HOA Name: Waveland village
  • Management Firm: Capital City Property M
  • Management Firm Phone: (515) 560-2637

Condo/Co-op/Association

  • Association Fee: 600.0000
  • 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: 09007115010000
  • Zoning: MX2

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1780.72
  • Net Taxes: 1571.56

MLS Schools

  • School District: Des Moines Independent

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Sep 24, 2024
Sold by
Sarcone Toni Marie
Bought by
Mccauley Denise
Seller's Agent
Jasmina Salkic
EXIT Realty & Associates
Buyer's Agent
Sharon Klaus
BHHS First Realty Westown
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Total Days on Market
39
Views
69
Current Estimated Value
$159,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$896
Avg. Annual Appreciation
-0.93%

Purchase Details

Closed on
Oct 4, 2007
Sold by
Lawson Keelie M
Bought by
Sarcone Toni Marie and Sarcone Tone M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 28, 2005
Sold by
Kramme Robert I
Bought by
Lawson Keelie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
5.71%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 9, 2004
Sold by
Fairfax Donald J and Fairfax Cynthia C
Bought by
Kramme Robert I

Range of Values:

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Average Value
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List Price
Sold Price
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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
Mccauley Denise $160,000 None Listed On Document
Sarcone Toni Marie $110,000 Itc
Lawson Keelie M $85,500 --
Kramme Robert I $78,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sarcone Toni Marie $100,725
Previous Owner Sarcone Toni Marie $104,000
Previous Owner Lawson Keelie M $86,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2024 09/26/24 Sold $160,000 -3.0% $133 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
07/09/2024 07/09/24 Price Changed $164,900 -2.9% $137 / Sq Ft
06/21/2024 06/21/24 For Sale $169,900 -- $141 / 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 $89,100 $8,400 $80,700
2023 $1,674 $89,100 $8,400 $80,700
2022 $1,660 $79,900 $7,500 $72,400
2021 $1,668 $79,900 $7,500 $72,400
2020 $1,726 $75,400 $7,100 $68,300
2019 $2,154 $75,400 $7,100 $68,300
2018 $2,128 $88,700 $8,300 $80,400
2017 $1,976 $88,700 $8,300 $80,400
2016 $1,920 $81,600 $7,600 $74,000
2015 $1,920 $81,600 $7,600 $74,000
2014 $1,968 $82,800 $7,700 $75,100
Source: Public Records

Agents Affiliated with this Home

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Source: Des Moines Area Association of REALTORS®

MLS Number: 697372

Des Moines Area Association of REALTORS®

APN: 090-07115010000