NOT LISTED FOR SALE

114 7th St Ames, IA 50010

Estimated Value: $240,000 - $268,000

4 Beds
2 Baths
2,762 Sq Ft
$91/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $237,500 $86 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,742/month

57 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • 4-minute walk to Bandshell Park
  • Ames High School Rated A-
  • Wood Siding

About This Home

As of August 2023

Would you like to own a home in downtown Ames to live in part of the home and rent the rest? Maybe you would like to turn this property back into a single family home! The current use of this property is one apartment on the main floor, second floor has 3 rooms for rent and a shared kitchen/bathroom and a 3rd floor full apartment.(not part of the LOC because of the ceiling height) So many possibilities!

Last Agent to Sell the Property

Patty Meese

Friedrich Iowa Realty Listed on: 05/04/2023

Last Buyer's Agent

OUTSIDE AGENT

OTHER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,607

Lot Details

  • 3,600 Sq Ft Lot

Parking

  • 1 Car Detached Garage

Home Design

  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,762 Sq Ft Home
  • 2-Story Property

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0902333020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,607

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 88.70
  • Sp Amt Sq Ft: 85.99
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Living Area Sq Ft: 2762
  • Total Sq Ft: 2762

Exterior Features

  • Exterior: Vinyl Siding, Wood

Garage/Parking

  • Garage: 1 Detached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window Unit
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ames

Lot Info

  • Acres: 0.0826
  • Lot S F: 3600
  • Assessor Parcel Number: 0902333020
  • Zoning: NC

Rental Info

  • Landlord Tenant Utilities: Electric Landlord, Gas Landlord, Water Landlord

Tax Info

  • Gross Taxes: 4607.00
  • Net Taxes: 4608.00

MLS Schools

  • School District: Ames

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Jul 28, 2023
Sold by
Baldus David and Baldus Remedios
Bought by
Iversen Jane and Iversen Timothy
Seller's Agent
Patty Meese
Friedrich Iowa Realty
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$245,000
Sold Price
$237,500
Premium/Discount to List
-$7,500
-3.06%
Views
155
Current Estimated Value
$251,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,995
Avg. Annual Appreciation
2.65%
Original Mortgage
$213,750
Interest Rate
6.96%
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
Iversen Jane -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Iversen Jane $213,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2023 08/01/23 Sold $237,500 -3.1% $86 / Sq Ft
06/30/2023 06/30/23 Pending -- -- --
05/04/2023 05/04/23 For Sale $245,000 -- $89 / 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
2025 $4,836 $264,400 $18,000 $246,400
2024 $4,734 $333,400 $80,300 $253,100
2023 $3,960 $333,400 $80,300 $253,100
2022 $4,608 $235,400 $80,300 $155,100
2021 $4,480 $235,400 $80,300 $155,100
2020 $4,774 $212,800 $63,700 $149,100
2019 $4,774 $212,800 $63,700 $149,100
2018 $4,782 $193,400 $57,900 $135,500
2017 $4,782 $193,400 $57,900 $135,500
2016 $3,986 $146,000 $43,700 $102,300
2015 $3,986 $146,000 $43,700 $102,300
2014 $4,032 $139,000 $41,600 $97,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 672420

Des Moines Area Association of REALTORS®

APN: 09-02-333-020