NOTE: This home has sold three times already and come BOM each time due to inspections (call Jim for details). It is a good home which currently has an FHA loan on it and which should go FHA or VA again. Where else can you find a 3 bedroom 2 bath home in a desirable west-side neighborhood (across from Waveland Golf Course) for under $150K? Seller is repairing the sewer line prior to closing at a cost of over $18K to themselves. Newer room (2013), oak hardwood floors, new interior paint, updated kitchen, front porch, attached garage, appliances, and more. Fenced yard for children or pets. Seller is offering a $5,000 credit toward a buyer's closing costs/buy-down, improvements, or as a price reduction. Great investor opportunity with positive cash flow available. Excellent starter home as well for a 1st time home buyer with realistic expectations.
Sold for $144,900
$144,900
5501 University Ave, Des Moines, IA 50311
3beds
850sqft
Single Family Residence
Built in 1925
5,793.48 Square Feet Lot
$175,800 Zestimate®
$170/sqft
$1,590 Estimated rent
Home value
$175,800
$163,000 - $188,000
$1,590/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
JIM MANDERFIELD, CRS, GRI 515-453-5190,
Iowa Realty Mills Crossing
Bought with:
Misty Darling
BH&G Real Estate Innovations
Source: DMMLS,MLS#: 699020
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bedrooms: 2
Heating
- Forced Air, Gas, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Refrigerator, Stove
Features
- Dining Area, Separate/Formal Dining Room, Cable TV, Window Treatments
- Flooring: Carpet, Hardwood, Laminate, Tile
- Basement: Egress Windows,Partially Finished,Walk-Out Access
Interior area
- Total structure area: 850
- Total interior livable area: 850 sqft
- Finished area below ground: 144
Property
Parking
- Total spaces: 1
- Parking features: Attached, Garage, One Car Garage
- Attached garage spaces: 1
Features
- Patio & porch: Deck
- Exterior features: Deck, Fully Fenced
- Fencing: Chain Link,Full
Lot
- Size: 5,793 sqft
- Dimensions: 44 x 132
- Features: Rectangular Lot
Details
- Parcel number: 10012193000000
- Zoning: N3B
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Asbestos
- Roof: Asphalt,Shingle
Condition
- Year built: 1925
Utilities & green energy
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Sidewalks
Location
- Region: Des Moines
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2024 | Sold | $144,900$170/sqft |
Source:  DMMLS #699020 Report a problem | ||
| 8/20/2024 | Pending sale | $144,900$170/sqft |
Source: DMMLS #699020 Report a problem | ||
| 7/26/2024 | Listed for sale | $144,900$170/sqft |
Source: DMMLS #699020 Report a problem | ||
| 7/19/2024 | Pending sale | $144,900$170/sqft |
Source: DMMLS #699020 Report a problem | ||
| 7/17/2024 | Price change | $144,900-3.4%$170/sqft |
Source: DMMLS #699020 Report a problem | ||
| 7/12/2024 | Listed for sale | $150,000+59.6%$176/sqft |
Source: DMMLS #699020 Report a problem | ||
| 4/26/2019 | Sold | $94,000-1.1%$111/sqft |
Source: DMMLS #571282 Report a problem | ||
| 3/13/2019 | Pending sale | $95,000$112/sqft |
Source: Keller Williams Realty Greater Des Moines #571282 Report a problem | ||
| 1/29/2019 | Price change | $95,000-2.6%$112/sqft |
Source: Keller Williams Realty Greater Des Moines #571282 Report a problem | ||
| 12/6/2018 | Pending sale | $97,500$115/sqft |
Source: Keller Williams Realty Greater Des Moines #571282 Report a problem | ||
| 11/2/2018 | Price change | $97,500-2.5%$115/sqft |
Source: Keller Williams Realty Greater Des Moines #571282 Report a problem | ||
| 10/16/2018 | Listed for sale | $100,000+86.9%$118/sqft |
Source: Keller Williams Realty GDM #571282 Report a problem | ||
| 3/10/2005 | Sold | $53,500+20.2%$63/sqft |
Source: Public Record Report a problem | ||
| 5/28/2004 | Sold | $44,500-36.3%$52/sqft |
Source: Public Record Report a problem | ||
| 3/17/2004 | Sold | $69,900-12.1%$82/sqft |
Source: Public Record Report a problem | ||
| 10/17/2002 | Sold | $79,500$94/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,194 +2% | $129,500 +18.5% |
| 2024 | $2,150 -4.8% | $109,300 |
| 2023 | $2,258 +0.8% | $109,300 +14.1% |
| 2022 | $2,240 +6% | $95,800 |
| 2021 | $2,114 -3.7% | $95,800 +13.1% |
| 2020 | $2,196 +8.9% | $84,700 |
| 2019 | $2,016 +1% | $84,700 +12.9% |
| 2018 | $1,996 | $75,000 |
| 2017 | $1,996 +15.5% | $75,000 +14.3% |
| 2016 | $1,728 | $65,600 |
| 2015 | $1,728 +10.5% | $65,600 +7.4% |
| 2014 | $1,564 | $61,100 |
| 2013 | -- | $61,100 -16.2% |
| 2012 | -- | $72,900 |
| 2011 | -- | $72,900 -5.2% |
| 2010 | -- | $76,900 |
| 2009 | -- | $76,900 +3.5% |
| 2008 | -- | $74,300 |
| 2007 | -- | $74,300 +13.8% |
| 2006 | -- | $65,300 |
| 2005 | -- | $65,300 +12.2% |
| 2003 | -- | $58,210 +9.2% |
| 2002 | -- | $53,320 |
| 2001 | -- | $53,320 |
Find assessor info on the county website
Neighborhood: Merle Hay
Nearby schools
GreatSchools rating
- 4/10Windsor Elementary SchoolGrades: K-5Distance: 0.3 mi
- 5/10Merrill Middle SchoolGrades: 6-8Distance: 1.2 mi
- 4/10Roosevelt High SchoolGrades: 9-12Distance: 0.8 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
- Merle Hay
- 5501 University Ave
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