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2724 College Ave, Des Moines, IA, 50311

3beds
2baths
702sqft
$135,000
$192price/sqft
$1,086/moest. monthly cost
$43,440/yrincome needed

About This Home

Discover this newly updated 1.5 story home just steps from Drake University. Renovations include Luxury Vinyl Plank flooring, granite kitchen counters, a tiled backsplash, and new stainless-steel appliances. The main floor offers a primary bedroom, updated full bath with a step-in shower, and convenient laundry with washer/dryer included. Upstairs features an additional spacious bedroom with room for a sitting area or office. The finished lower level adds two nonconforming bedrooms and a modern bathroom with a tiled step-in shower. Other improvements include new central air, paint, and gutters, all within the last 2 years. Enjoy the large covered front porch and the generous, level lot with mature trees. Close to Drake, Beaverdale, and downtown. Great opportunity for a first-time home buyer or as an investment property. Furniture may be included in the sale with an acceptable offer, and the seller is providing a 12-month home warranty. Ask for details about Closing Costs offered of up to $2,000 by our preferred lender and/or a 2-1 Buydown! All information obtained from seller and public record.

Getting Around

47
WalkingCar-Dependent
38
TransitSome Transit
26
BikeSomewhat Bikeable

Schools

6/10
3/10
Meredith Middle SchoolGrades 6-82.4 mi
2/10
Hoover High SchoolGrades 9-122.4 mi

Construction

Condition

  • Year built: 1896

Materials

  • Foundation: Brick/Mortar
  • Roof: Asphalt,Shingle
  • Construction materials: Asbestos

Type & Style

  • Home type: SingleFamily
  • Architectural style: One and One Half Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Microwave,Refrigerator,Stove,Washer

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bedrooms: 2

Features

  • See Remarks
  • Flooring: Tile
  • Finished area below ground: 300

Heating & Cooling

  • Heating features: Electric,Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 702
  • Total interior livable area: 702 sqft

Property

Details

  • Parcel number: 08003754000000
  • Zoning: N5

Features

  • Levels: One and One Half
  • Stories: 1

Lot

  • Lot size: 7,128 sqft
  • Features: Rectangular Lot

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Ice Storm
    Ice StormModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Hail
Heat Wave
Strong Wind
Tornado
Cold Wave
Ice Storm
Winter Weather

FEMA Declared Disasters Across Iowa Counties

Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $682$8,184
Home Insurance *$90$1,080
Property Taxes $193$2,316
Electricity $121$1,452
Total$1,086$13,032
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$37,234/yr
40% on housing$32,580/yr
45% on housing$28,960/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.2%
12.2%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: -2.3%
-2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$192This listing

vs Other Active Listings

Avg $/sqft

ZIP 50311$134
Polk County$193

vs Homes Sold Last Month

Median $/sqft

ZIP 50311$182
Polk County$213

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-28Price change$149,900
2026-04-01Price change$159,000
2026-03-13Price change$164,000
2025-08-28Listed for sale$169,000
2025-08-02Listing removed$1,800
2025-07-18Listed for rent$1,800
2025-06-13Listing removed$1,800
2025-05-14Price change$1,800
2025-04-05Listed for rent$2,000
2025-04-05Listing removed--
2025-03-16Price change$185,000
2025-01-22Price change$205,000
2024-11-26Listed for sale$219,000
2024-07-02Listing removed--
2024-06-22Price change$1,800
2024-06-19Price change$2,000
2024-06-10Listed for rent$2,200
2024-02-06Sold$120,000
2023-12-20Pending sale$130,000
2023-12-13Listed for sale$130,000
2020-08-31Sold$85,000
2020-08-05Pending sale$102,000
2020-06-15Price change$102,000
2020-06-02Listed for sale$114,000
2017-07-19Sold$68,900
2017-05-23Listed for sale$72,900
2013-07-10Sold$16,500
2013-05-01Sold$41,372
2000-05-31Sold$41,000

For Sale by Agent

AgentSenada Agic
BrokerageRE/MAX Precision

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