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Sold for $144,900 on 09/17/24
  • $144,900

    5501 University Ave, Des Moines, IA 50311

    3beds
    850sqft
    Single Family Residence
    Built in 1925
    5,793.48 Square Feet Lot
    $144,200 Zestimate®
    $170/sqft
    $1,403 Estimated rent

    Home value

    $144,200

    $134,000 - $154,000

    $1,403/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: September 19, 2024 at 07:04am

    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#: 699020MLS Logo

    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

    DateEventPrice
    9/17/2024Sold$144,900$170/sqft
    Source: DMMLS #699020
    8/20/2024Pending sale$144,900$170/sqft
    Source: DMMLS #699020
    7/26/2024Listed for sale$144,900$170/sqft
    Source: DMMLS #699020
    7/19/2024Pending sale$144,900$170/sqft
    Source: DMMLS #699020
    7/17/2024Price change$144,900-3.4%$170/sqft
    Source: DMMLS #699020

    Public tax history

    YearProperty taxesTax assessment
    2024$2,150 -4.8%$109,300
    2023$2,258 +0.8%$109,300 +14.1%
    2022$2,240 +6%$95,800

    Find assessor info on the county website

    Neighborhood: Merle Hay

    Nearby schools

    GreatSchools rating
    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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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $144,200
    2% more+ $2,884
    With Zillow Showcase(estimated)
    $147,084