NOT LISTED FOR SALE

111 E 7th St Ames, IA 50010

Brandshell Neighborhood

Estimated Value: $143,246 - $177,000

2 Beds
2 Baths
-- Sq Ft
1930 Built

Sale Details

Date Sold: March 10, 2015

Last sale price $97,000

Est. 60% increase in value since last sale

Current estimated payment $989 / mo

62 Days on Market

Highlights

  • Wood Flooring
  • Property near a hospital
  • Forced Air Heating and Cooling System
  • 1 Car Detached Garage
  • 1-Story Property
  • 4-minute walk to Bandshell Park

About This Home

As of March 2015

Great cash flow on this Duplex. Close to hospital. Leases expire 7-31-15. Updates: windows, water heaters, furnace, ca.

Last Agent to Sell the Property

Denny Thompson

FURMAN REALTY License #S24968 Listed on: 12/03/2014

Last Buyer's Agent

Denny Thompson

FURMAN REALTY License #S24968 Listed on: 12/03/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,275

Year Built

  • Built in 1930

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • 1-Story Property
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Location

  • Property near a hospital
  • Property is near schools

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0902401100

Community Details

Overview

  • 2 Units
  • (2) Refrig,,Stoves, W/D Association

Building Details

  • Operating Expense $2,175
  • Gross Income $12,600
  • Net Operating Income $10,425

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,275

Year Built

Built in 1930

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Multi-Family
  • Lot Size: 4500
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 1930
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Vinyl2: Yes
  • Floor:Hardwood: Yes
  • Exterior:Stucco: Yes
  • Foundation:Crawl Space: Yes
  • Features:Cable TV: Yes
  • Features:Hospital: Yes
  • Annual Expenses: 2175.0
  • Income Expenses Net Income: 10425.0
  • Features:School: Yes
  • Levels:One: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Hardwood

Exterior Features

  • Construction Type: Stucco
  • Foundation Details: Crawl Space

Garage/Parking

  • Garage Spaces: 1.0
  • Keywords:Garage Type3: Detached
  • Keywords:Parking Spaces2: 1 - 5 Spaces

Utilities

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

Condo/Co-op/Association

  • Association Name: (2) refrig,,stoves, w/d

Schools

  • Junior High Dist: Ames

Lot Info

  • Parcel #: 0902401100
  • Zoning: UCRM

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 12600.0
  • Property Net Operating Income: 10425.0
  • Annual Operating Expense: 2175.0

Tax Info

  • Tax Annual Amount: 1275.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2022
Sold by
Bought by
Current Estimated Value
$155,415

Purchase Details

Listed on
Dec 3, 2014
Closed on
Mar 10, 2015
Sold by
Bought by
Seller's Agent
Denny Thompson
FURMAN REALTY
Buyer's Agent
Denny Thompson
FURMAN REALTY
List Price
$110,000
Sold Price
$97,000
Premium/Discount to List
-$13,000
-11.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.27%
Original Mortgage
$67,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 2006
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$96,750 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $67,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/10/2015 03/10/15 Sold $97,000 -11.8% --
02/04/2015 02/04/15 Pending -- -- --
12/03/2014 12/03/14 For Sale $110,000 -- --
Source: Central Iowa Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $1,804 $120,600 $22,500 $98,100
2024 $1,766 $124,300 $22,100 $102,200
2023 $1,488 $124,300 $22,100 $102,200
2022 $1,470 $88,400 $22,100 $66,300
2021 $1,476 $88,400 $22,100 $66,300
2020 $1,454 $83,900 $21,000 $62,900
2019 $1,454 $83,900 $21,000 $62,900
2018 $1,466 $83,900 $21,000 $62,900
2017 $1,466 $83,900 $21,000 $62,900
2016 $1,280 $72,700 $23,600 $49,100
2015 $1,280 $72,700 $23,600 $49,100
2014 $1,306 $72,700 $23,600 $49,100
Source: Public Records

Agents Affiliated with this Home

  • Denny Thompson

    Seller's Agent in 2015

    Denny Thompson

    FURMAN REALTY

    (515) 290-7002

    1 in this area

    32 Total Sales

    Denny Thompson
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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 41379

APN: 09-02-401-100

Iowa Story County Ames 50010 Brandshell

111 E 7th St, Ames, IA

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