NOT LISTED FOR SALE

1026 Top O Hollow Rd Ames, IA 50010

Estimated Value: $198,000 - $309,985

6 Beds
2 Baths
1,216 Sq Ft
$224/Sq Ft Est. Value

Last Sold October 06, 2017

Last sale price $195,000 $160 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,793/month

6 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Fellows Elementary School Rated A
  • Carpet

About This Home

As of October 2017

SHOWINGS BEGIN TUESDAY SEPT 5TH, AT 1PM. DELAYED SHOWING please set up showings on Tuesday through showingtime. Very nice N Ames Duplex. Both units are 3BR and 1.5 bath w/ kitchen appliances and hookups for a full sized W/D. Quality tenants lease each unit thru July 2018. Seller will be doing a 1031 tax deferred exchange, no cost or obligation to buyer. EM check will be payable to First National Trust Acct.

Last Agent to Sell the Property

Mark Greenfield

RE/MAX REAL ESTATE CENTER License #B33703 Listed on: 08/31/2017

Last Buyer's Agent

Patrick Weigel

Hunziker & Assoc.-Ames License #S25094

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,542

Year Built

  • Built in 1979

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 74x150

Home Design

  • Duplex
  • Split Level Home
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,216 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 05-27-425-010

Community Details

Overview

  • 2 Units
  • 2 Ranges, Fridges, Dw's. Association

Building Details

  • Operating Expense $4,185
  • Gross Income $9,900
  • Net Operating Income $5,715

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,542

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.25
  • Lot Size: 74x150
  • Architectural Style: Split level
  • Garage Yn: No
  • Year Built: 1979
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Cooling:Central Air: Yes
  • Floor:Carpet: Yes
  • Floor:Laminate: Yes
  • Floor:Vinyl2: Yes
  • Exterior:Vinyl: Yes
  • Foundation:Concrete Block: Yes
  • Keywords:Architectural Style2: Split level
  • Annual Expenses: 4185.0
  • Income Expenses Net Income: 5715.0
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Flooring: Vinyl, Laminate, Carpet
  • Basement:Full2: Yes

Exterior Features

  • Construction Type: Vinyl
  • Foundation Details: Block

Garage/Parking

  • Keywords:Garage Capacity3: None
  • Keywords:Garage Type3: None
  • Keywords:Parking Spaces2: 1 - 5 Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Name: 2 ranges, fridges, DW's.

Schools

  • Junior High Dist: Ames

Lot Info

  • Lot Size Sq Ft: 10863.0
  • Parcel #: 05-27-425-010
  • Zoning: RL
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Who Pays Trash: Tenant
  • Who Pays Water: Tenant

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 9900.0
  • Property Net Operating Income: 5715.0
  • Annual Operating Expense: 4185.0

Tax Info

  • Tax Annual Amount: 2542.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2020
Sold by
Sabus Zack and Sabus Kristin
Bought by
Zk Investments Llc
Current Estimated Value
$272,496

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Outstanding Balance
$137,396
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$135,100

Purchase Details

Closed on
Jan 10, 2019
Sold by
Sabus Zack and Sabus Kristen L
Bought by
Zk Investments Llc

Purchase Details

Closed on
Nov 2, 2018
Sold by
Zk Investments Llc
Bought by
Sabus Zack and Sabus Kristin L
Source: Public Records

Range of Values:

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Average Value
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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
Zk Investments Llc -- None Available
Sabus Zack -- None Available
Zk Investments Llc -- --
Sabus Zack -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabus Zack $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2017 10/06/17 Sold $195,000 +2.6% $160 / Sq Ft
09/07/2017 09/07/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $190,000 -- $156 / Sq Ft
Source: Central Iowa Board 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
2025 $4,186 $293,200 $59,700 $233,500
2024 $4,098 $288,600 $47,500 $241,100
2023 $3,198 $288,600 $47,500 $241,100
2022 $3,160 $190,100 $47,500 $142,600
2021 $3,174 $190,100 $47,500 $142,600
2020 $2,774 $180,400 $45,100 $135,300
2019 $2,774 $160,000 $40,000 $120,000
2018 $2,794 $160,000 $40,000 $120,000
2017 $2,794 $160,000 $40,000 $120,000
2016 $2,484 $141,100 $33,700 $107,400
2015 $2,484 $141,100 $33,700 $107,400
2014 $2,536 $141,100 $33,700 $107,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 48022

APN: 05-27-425-010