Pending

5501 University Avenue

Des Moines IA, 50311

$144,900


$170.47 per sqft

Pending

3 Beds

2 Baths

850 sqft

Residential

Built in 1925

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.

699020

MLS ID

August 20, 2024

Listed

August 23, 2024

Updated

Map

5501 University Avenue
Des Moines IA, 50311

Interior Features

Bedrooms

3


Total Bathrooms

2


Full Bathrooms

1


Three-Quarter Bathrooms

1


Interior Features

Dining Area, Separate/Formal Dining Room, Cable TV, Window Treatments


Appliances

Dishwasher, Microwave, Refrigerator, Stove


Floor Description

Carpet, Hardwood, Laminate, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Gas, Natural Gas

Exterior/Building Features

Lot Size

0.13 Acres


Exterior Features

Deck, Fully Fenced


Lot Features

Rectangular Lot


Architectual Style

Bungalow


Roof

Asphalt, Shingle

School Information

School District

Des Moines Independent

Other Property Details

Area Name

Des Moines N.West


Taxes

$2,258


Tax Frequency

Annually


Days on Market

27


Garage

Yes


Garage Spaces

1


Parking

Attached, Garage, One Car Garage


View

No


County

Polk


Water Source

Public


Pool

No


Zoning

N3B

Listing History

Date

Event

Price

8/20/2024

Pending

7/26/2024

Active

7/19/2024

Pending

7/17/2024

Price change

$144,900

-4%

 

Courtesy of Iowa Realty Mills Crossing, JIM MANDERFIELD, CRS, GRI,
Listing Contact: 515-453-5190 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Megan Mitchum + CO shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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