11 days on rocket

3940 University Ave Unit 4, Des Moines, IA, 50311

$110,000

Home List Price

$1,306*

Closing Credit

2 Bedrooms
1 Full Bath
882 SqFt
$125/SqFt
Condo

Location

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3940 University Ave Unit 4, Des Moines$110,000

Buyer Closing Credits

$1,306*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1926
CoolingWindow Unit(s)
MLS #703962
StatusActive

About 3940 University Ave Unit 4

Welcome to this charming, 2 bedroom, 1 bath condo nestled in the heart of Des Moines, within walking distance to restaurants, shopping, and Drake University. This move-in ready home is freshly painted, with original hardwood floors, a cozy covered porch, storage areas, off-street parking, and additional guest parking. Window treatments and all appliances stay, including in-unit laundry. Snow removal, lawn care, water, heat, and trash included in HOA dues. Easy access to downtown, and suburbs!

Property Details

Property Features

Property Information:

  • Year Built: 1926
  • Living Area: 882 SqFt

Listing Office:

  • Office Name: Pennie Carroll & Associates
  • Office Phone: (515) 490-8025
  • Listing Agent: Pennie Carroll

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
  • Flooring Type: Hardwood
  • Interior: Dining Area

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Deck

Utilities

Utilities Information:

  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Roosevelt High School, Public District Grades 9-12
  • Callanan Middle School, Public District Grades 6-8
  • Cowles Elementary School, Public District Grades PK-8
  • Goodrell Middle School, Public District Grades 6-8
  • Hubbell Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From I-235 exit at 42nd St. Turn North on 42nd to University. Turn East on University Building, turn East on University. Building will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $110,000
  • Price Per SqFt: $125/SqFt

HOA Fees:

  • Amount: $275
  • Frequency: Monthly
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Housing Market Comparison

See how this home compares to others in Des Moines, IA.

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Des Moines, IA

City

Med. Sold Price

$213.1K

Med. Price/SqFt

$190

Avg. Days On Market

27

# of Sold Homes

242

3940 University Ave Unit 4 vs Des Moines

11 DAYS ON ROCKET

-16 Days

$110,000

-$103.1K Less

$125/SqFt

-$65 Less

KEY TAKEAWAY

This property is $103.1K less than the Median Sold Price and $65/SqFt less than other homes in Des Moines, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: DMAAR
  • MLS Number: #703962

Listing Office:

  • Office Name: Pennie Carroll & Associates
  • Office Phone: (515) 490-8025
  • Listing Agent: Pennie Carroll

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Des Moines Area Association of Realtors. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2024 Des Moines Area Association of Realtors. All Rights Reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/27/2024, 7:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$892

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$396

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-809589
3
/10

  • Hubbell Elementary School

  • 800 42nd St

  • 0.57 miles

  • Public District Grades KG-5

Middle School

school-card-donut-809590
4
/10

  • Callanan Middle School

  • 3010 Center St

  • 0.91 miles

  • Public District Grades 6-8

school-card-donut-809591
9
/10

  • Cowles Elementary School

  • 6401 College Ave

  • 1.86 miles

  • Public District Grades PK-8

school-card-donut-809592
1
/10

  • Goodrell Middle School

  • 3300 E 29th St

  • 5.84 miles

  • Public District Grades 6-8

High School

school-card-donut-809593
3
/10

  • Roosevelt High School

  • 4419 Center St

  • 0.68 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,841. Residents of Des Moines, IA typically earn between $35k-100k each year. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3940 University Ave Unit 4

What is the listing price of this property?

The listing price of 3940 University Ave Unit 4 property is $110,000.

What type of property is this?

The property 3940 University Ave Unit 4 is a condo located in Des Moines, Iowa, 50311.

Is this property for sale now?

Active Listing: 3940 University Ave Unit 4 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 3940 University Ave Unit 4 are:
Hubbell Elementary School: GreatSchools Rating 3/10
Callanan Middle School: GreatSchools Rating 4/10
Cowles Elementary School: GreatSchools Rating 9/10
Goodrell Middle School: GreatSchools Rating 1/10
Roosevelt High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 3940 University Ave Unit 4 has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 3940 University Ave Unit 4 is 882 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3940 University Ave Unit 4 is 1926.

Rocket Homes›Iowa›Polk County›Des Moines›50311›3940 University Ave Unit 4

This home is located at 3940 University Ave Unit 4 in Des Moines, IA and zip code 50311 in the Drake neighborhood. This 882 square foot home was built in 1926. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since September 16, 2024 and is currently priced at $110,000.

While more than 55 listings in Des Moines, IA in August 2024 were sold above asking price, there were more than 61 listings sold at asking price, and more than 126 were sold below. In August 2024, listings were on the market for 27 days. During the same period, the median list price in this real estate market was $213,114.

From Rocket Homes Real Estate and based on county public records data.

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