Stop renting, the payment on this move in ready condo makes sense! Seller offering $1k closing costs credit, motivated and flexible with terms. This corner unit condo offers two generous bedrooms, a full bathroom, great kitchen, and large living area. Located just blocks from the Drake University campus, this home is walkable to so many amenities from eating to shopping and all the outdoor activities you could want in the Des Moines metro. The HOA and owners within the building are great, monthly dues includes water, heat, trash and insurance along with snow/lawn/exterior maintenance. Recent improvements include: Flooring, paint, kitchen appliances, and multiple fixtures. The home is very easy to show and immediate occupancy is available. Please call an agent today for a private tour or more information about this simple condo that offers incredible quality of life! Seller willing to cover closing costs/etc.
Sold for $72,000
$72,000
3940 University Ave APT 1, Des Moines, IA 50311
2beds
882sqft
Townhouse, Condominium, Multi Family, Apartment
Built in 1926
-- sqft lot
$71,500 Zestimate®
$82/sqft
$1,146 Estimated rent
Home value
$71,500
$67,000 - $76,000
$1,146/mo
Zestimate® history
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List your homeWhat's special
Corner unit condoTwo generous bedroomsGreat kitchen
Zillow last checked:
Listing updated:
Listed by:
Cy Phillips 515-423-0899,
Space Simply
Bought with:
Chris Chiaramonte
Century 21 Signature
Source: DMMLS,MLS#: 706880
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 2
Heating
- Hot Water, Radiant, See Remarks
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Stove
- Laundry: Main Level
Features
- Dining Area, Eat-in Kitchen, See Remarks, Cable TV
- Flooring: Carpet, Hardwood, Tile
Interior area
- Total structure area: 882
- Total interior livable area: 882 sqft
Property
Accessibility
- Accessibility features: See Remarks
Lot
- Features: Rectangular Lot
Details
- Parcel number: 09001049001000
- Zoning: R
Construction
Type & style
- Home type: Townhouse
- Architectural style: Ranch
- Property subtype: Townhouse, Condominium, Multi Family, Apartment
- Attached to another structure: Yes
Materials
- Brick, See Remarks
- Foundation: See Remarks, Slab
- Roof: Asphalt,Shingle
Condition
- Year built: 1926
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Laundry Facilities, See Remarks
- Security: Smoke Detector(s)
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Maintenance Structure, See Remarks, Snow Removal
- HOA fee: $275 monthly
- HOA name: Casa Vista Apts
- Second HOA name: self
Location
- Region: Des Moines
Financial & listing details
- Price per square foot: $82/sqft
- Tax assessed value: $90,500
- Annual tax amount: $1,521
- Date on market: 10/31/2024
- Cumulative days on market: 234 days
- Listing terms: Cash,Conventional
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2025 | Sold | $72,000+24.1%$82/sqft |
Source:  DMMLS #706880 Report a problem | ||
| 6/28/2017 | Sold | $58,000-10.8%$66/sqft |
Source: DMMLS #528288 Report a problem | ||
| 8/6/2014 | Sold | $65,000+0%$74/sqft |
Source: Public Record Report a problem | ||
| 3/24/2014 | Sold | $64,970+18.1%$74/sqft |
Source: Public Record Report a problem | ||
| 2/1/2013 | Sold | $55,000+93%$62/sqft |
Source: Public Record Report a problem | ||
| 12/6/2010 | Sold | $28,500-52.1%$32/sqft |
Source: Public Record Report a problem | ||
| 4/15/2004 | Sold | $59,500+46.9%$67/sqft |
Source: Public Record Report a problem | ||
| 7/9/2001 | Sold | $40,500$46/sqft |
Source: Public Record Report a problem | ||
| 10/16/2000 | Sold | $40,500$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,528 +2.1% | $90,500 +14.3% |
| 2024 | $1,496 -6.6% | $79,200 |
| 2023 | $1,602 +0.8% | $79,200 +11.4% |
| 2022 | $1,590 -2.3% | $71,100 |
| 2021 | $1,628 -3.7% | $71,100 +9% |
| 2020 | $1,690 -4.5% | $65,200 |
| 2019 | $1,770 +1% | $65,200 -5.5% |
| 2018 | $1,752 | $69,000 |
| 2017 | $1,752 +2.8% | $69,000 +6.6% |
| 2016 | $1,704 | $64,700 |
| 2015 | $1,704 +2.9% | $64,700 |
| 2014 | $1,656 | $64,700 |
| 2013 | -- | $64,700 -9% |
| 2012 | -- | $71,100 |
| 2011 | -- | $71,100 -7.1% |
| 2010 | -- | $76,500 |
| 2009 | -- | $76,500 |
| 2008 | -- | $76,500 |
| 2007 | -- | $76,500 +35.2% |
| 2006 | -- | $56,600 |
| 2005 | -- | $56,600 +22.9% |
| 2003 | -- | $46,070 +8% |
| 2002 | -- | $42,660 |
| 2001 | -- | $42,660 |
Find assessor info on the county website
Neighborhood: Drake
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Nearby schools
GreatSchools rating
- 4/10Hubbell Elementary SchoolGrades: K-5Distance: 0.5 mi
- 2/10Callanan Middle SchoolGrades: 6-8Distance: 0.9 mi
- 5/10Roosevelt High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: Des Moines Independent
Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Iowa
- Polk County
- Des Moines
- 50311
- Drake
- 3940 University Ave Apartment 1
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