NOT LISTED FOR SALE

1020 Garfield Ave Unit 1018 Ames, IA 50014

Ontario Neighborhood

Estimated Value: $411,068 - $460,000

-- Bed
4 Baths
3,608 Sq Ft
$120/Sq Ft Est. Value

Last Sold April 07, 2021

Last sale price $343,000 $95 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,936/month

9 Days on Market

Highlights

  • 2 Kitchens
  • Wood Flooring
  • Laundry Room
  • Ames High School Rated A-
  • No HOA
  • Central Air

About This Home

As of April 2021

Amazing property with lots of potential as an investment property or 'mother-in-law apartment'. Unit 1020 is owner occupied and was rebuilt in 2005. Hardwood floors, 5 bedrooms, 2 baths. Main floor bedroom and laundry. Lots of natural light. Detached shared garage. Unit 1018 is a ranch style with finished basement. Has 5 bedrooms and 2 baths. Property has large well maintained yard. Close to Emma McCarthy Lee Park. New roof in 2019, radon mitigation system, Boiler provides heat for both units new in 2005. AC for unit 1020 new in 2005. Well insulated with Icynene foam insulation through most of building.

Last Listed By

K'Lynn Lynn

RE/MAX REC Listed on: 01/27/2021

RE/MAX REC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,259

Year Built

  • Built in 1961

Lot Details

  • 10,486

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 3,608 Sq Ft Home
  • 2-Story Property
  • Fire and Smoke Detector

Kitchen

  • 2 Kitchens
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Additional Features

  • 10,486 Sq Ft Lot
  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 0905202060

Community Details

Overview

  • No Home Owners Association

Recreation

  • Snow Removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,259

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 97.01
  • Sp Amt Sq Ft: 95.07
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Dishwashers: 2
  • Disposals: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: 1st Flr Laundry, Carpeting, Hardwood Floors, Smoke Detector, Tile Floors, Vinyl Floors
  • Basement Description: Crawl Space, Partial
  • Sq Ft Bsmt: 796
  • Sq Ft Fin Bsmt: 784
  • Kitchens: 2
  • Laundry: Yes
  • Storage: No
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 3608
  • Total Sq Ft: 3608

Exterior Features

  • Exterior: Cement Board
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Trim: Oak

Garage/Parking

  • Garage: 2 Detached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: See Remarks
  • Separate Meters: 2

Association/Amenities

  • Amenities: Snow Removal

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Schools

  • School District: Ames

Lot Info

  • Acres: 0.2400
  • Lot S F: 10486
  • Assessor Parcel Number: 0905202060
  • Zoning: RL

Rental Info

  • Deposit: No
  • Furnished: No
  • Landlord Tenant Utilities: Electric Tenant, Gas Landlord

Tax Info

  • Gross Taxes: 4259.06
  • Net Taxes: 4260.00

MLS Schools

  • School District: Ames

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
Feb 25, 2021
Sold by
Wiggers Maryanne H
Bought by
Zhang Zhan and Wang Yu
Seller's Agent
K'Lynn Lynn
RE/MAX REC
Buyer's Agent
Nancy Marion
RE/MAX Concepts-Ames
List Price
$350,000
Sold Price
$343,000
Premium/Discount to List
-$7,000
-2%
Total Days on Market
9
Current Estimated Value
$434,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,267
Avg. Annual Appreciation
4.88%
Original Mortgage
$257,250
Outstanding Balance
$235,930
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$181,849

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zhang Zhan $343,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Zhan $257,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2021 04/07/21 Sold $343,000 -2.0% $95 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $350,000 -- $97 / Sq Ft
Source: Des Moines Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,064 $427,000 $81,400 $345,600
2023 $5,474 $427,000 $81,400 $345,600
2022 $5,408 $325,400 $81,400 $244,000
2021 $4,320 $325,400 $81,400 $244,000
2020 $4,260 $245,600 $61,400 $184,200
2019 $4,260 $245,600 $61,400 $184,200
2018 $4,290 $245,600 $61,400 $184,200
2017 $4,290 $245,600 $61,400 $184,200
2016 $3,632 $206,300 $36,200 $170,100
2015 $3,632 $206,300 $36,200 $170,100
2014 $3,706 $206,300 $36,200 $170,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 621116

Des Moines Area Association of REALTORS®

APN: 09-05-202-060