NOT LISTED FOR SALE

1128 Wheeler St Ames, IA 50010

Estimated Value: $243,000 - $264,000

4 Beds
2 Baths
825 Sq Ft
$305/Sq Ft Est. Value

Last Sold August 16, 2017

Last sale price $190,000 $230 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,622/month

39 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Fellows Elementary School Rated A
  • Property is near schools
  • Carpet

About This Home

As of August 2017

Great investment opportunity in this up and down duplex in North Ames. Owner occupy and have a renter help pay your mortgage...or buy and rent to two parties for max income potential and ROI. Features include: mature trees, newer concrete, vinyl siding, new 2+ car garage in 2008, new house roof in 2016, new vinyl windows in 2016, new furnace/AC in 2009, new water heater in 2013, lots of updates on main floor unit in 2016, 3 bedrooms and full bath with open kitchen, dining and living room. Lower level has an open living room and kitchen, 3/4 bath and bedroom. Shared laundry and mechanical room. 24 hour notice for showings. Rented through 7/31/18...$950 upper and $595 lower (total of $1545/month). Seller requires ONLY identified buyers for showings.

Last Agent to Sell the Property

Jared Van Cleave

CENTURY 21 SIGNATURE-Ames License #S57980 Listed on: 07/07/2017

CENTURY 21 SIGNATURE-Ames

Last Buyer's Agent

Gale Gehling

Keller Williams Ames License #S42816

Keller Williams Ames

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,127

Year Built

  • Built in 1970

Lot Details

  • 6,984 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 825 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Location

  • Property is near schools
  • Property is near a bus stop

Utilities

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

Community Details

  • 2 Units
  • Refrigerator (2), Oven (2), Dishwasher, Disposal, Association

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,127

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.16
  • Lot Size: 6984
  • Architectural Style: 1 Story
  • Garage Yn: Yes
  • Year Built: 1970
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Vinyl2: Yes
  • Exterior:Vinyl: Yes
  • Foundation:Concrete Block: Yes
  • Keywords:Architectural Style2: 1 Story
  • Features:Cable TV: Yes
  • Features:Bus: Yes
  • Features:School: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Construction Type: Vinyl
  • Foundation Details: Block

Garage/Parking

  • Keywords:Garage Capacity3: 2 Car
  • Keywords:Garage Type3: Detached
  • Keywords:Parking Spaces2: None

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: refrigerator (2), oven (2), dishwasher, disposal,

Schools

  • Junior High Dist: Ames

Lot Info

  • Lot Size Sq Ft: 6984.0
  • Zoning: RL
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2127.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2021
Sold by
Stone Susan H
Bought by
Tilton Randall J and Tilton Shelly L
Current Estimated Value
$251,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,500
Outstanding Balance
$115,074
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$138,722

Purchase Details

Listed on
Jul 7, 2017
Closed on
Jul 31, 2017
Sold by
Wjeeler 1128 Lc
Bought by
Stone Susan H
Seller's Agent
Jared Van Cleave
CENTURY 21 SIGNATURE-Ames
Buyer's Agent
Gale Gehling
Keller Williams Ames
List Price
$194,900
Sold Price
$190,000
Premium/Discount to List
-$4,900
-2.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%
Original Mortgage
$142,500
Interest Rate
3.96%
Mortgage Type
New Conventional
Source: Public Records

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
Tilton Randall J $198,000 None Available
Stone Susan H -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tilton Randall J $148,500
Closed Tilton Randall J $148,500
Previous Owner Stone Susan H $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2017 08/16/17 Sold $190,000 -2.5% $230 / Sq Ft
08/16/2017 08/16/17 Pending -- -- --
07/07/2017 07/07/17 For Sale $194,900 -- $236 / 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
2024 $3,060 $215,500 $38,600 $176,900
2023 $2,600 $215,500 $38,600 $176,900
2022 $2,568 $154,500 $38,600 $115,900
2021 $2,666 $154,500 $38,600 $115,900
2020 $2,452 $151,500 $37,900 $113,600
2019 $2,452 $141,400 $35,400 $106,000
2018 $2,470 $141,400 $35,400 $106,000
2017 $2,470 $141,400 $35,400 $106,000
2016 $2,128 $120,800 $35,000 $85,800
2015 $2,128 $120,800 $35,000 $85,800
2014 $2,028 $112,900 $32,700 $80,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 47608

APN: 05-27-405-150