NOT LISTED FOR SALE

120 Cherry Ave Ames, IA 50010

South Ames Business Neighborhood

Estimated Value: $128,000 - $196,356

2 Beds
1 Bath
912 Sq Ft
$186/Sq Ft Est. Value

Last Sold July 17, 2023

Last sale price $113,500 $124 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,034/month

38 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Carpet
  • Machine Shed
  • Level Lot

About This Home

As of July 2023

Here is a great investment property with a solid rental history for the current owner for the past 10 years. The property's location is in close proximity to all businesses down Duff and Lincoln Way.

Last Agent to Sell the Property

Mark Greenfield

RE/MAX REAL ESTATE CENTER License #B33703 Listed on: 05/05/2023

Co-Listed By

Hannah Moen

Re/Max Precision Ankeny Uptown License #S70828000

Last Buyer's Agent

Patrick Weigel

Hunziker & Assoc.-Ames License #S25094

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 9,000 Sq Ft Lot
  • Level Lot

Home Design

  • Stone Foundation
  • Wood Trim
  • Vinyl Construction Material

Interior Spaces

  • 912 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Well House
  • Machine Shed

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 09-11-226-020

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

9,000 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.21
  • Road Surface Type: Gravel, Hard Surface
  • Co List Office Mls Id: 5156198150
  • Co List Office Phone: 515-223-9492
  • Above Grade Finished Sq Ft: 1200.0
  • Architectural Style: 2 Story
  • Garage Yn: No
  • Year Built: 1910
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Exterior:Vinyl: Yes
  • Terrain:Level: Yes
  • Foundation:Stone2: Yes
  • Outbuildings:Machine Shed: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Has Basement: Full
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Basement:Full2: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Trim:Wood11: Yes

Exterior Features

  • Lot Features: Level
  • Construction Type: Vinyl
  • Foundation Details: Stone
  • Other Structures: Machine Shed

Garage/Parking

  • General Information:Garage Type2: 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: No

Association/Amenities

  • General Information:Homeowners Association (HOA): No

Schools

  • Junior High Dist: Ames

Lot Info

  • Lot Size Sq Ft: 9000.0
  • Parcel #: 09-11-226-020
  • Zoning: residential
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jul 14, 2023
Sold by
Gw Oakland Properties Llc
Bought by
Weigel Patrick J and Weigel Sharon A
Seller's Agent
Mark Greenfield
RE/MAX REAL ESTATE CENTER
Buyer's Agent
Patrick Weigel
Hunziker & Assoc.-Ames
List Price
$148,000
Sold Price
$113,500
Premium/Discount to List
-$34,500
-23.31%
Views
319
Current Estimated Value
$169,839

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,339
Avg. Annual Appreciation
16.23%
Original Mortgage
$90,800
Outstanding Balance
$88,634
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$81,205

Purchase Details

Closed on
Jun 25, 2013
Sold by
Shonrock Diana Donner and Shonrock Diana D
Bought by
Gw Oakland Properties Llc
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

Date Buyer Sale Price Title Company
Weigel Patrick J $113,500 None Listed On Document
Gw Oakland Properties Llc $66,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weigel Patrick J $90,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2023 07/17/23 Sold $113,500 -18.1% $124 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
05/22/2023 05/22/23 Price Changed $138,500 -6.4% $152 / Sq Ft
05/05/2023 05/05/23 For Sale $148,000 -- $162 / Sq Ft
Source: Central Iowa Board of REALTORS®

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 $1,692 $175,600 $58,500 $117,100
2024 $2,000 $116,700 $20,900 $95,800
2023 $2,176 $140,900 $29,800 $111,100
2022 $2,378 $129,400 $29,800 $99,600
2021 $2,428 $129,400 $29,800 $99,600
2020 $2,518 $123,500 $28,400 $95,100
2019 $2,518 $123,485 $28,400 $95,085
2018 $2,484 $114,400 $26,300 $88,100
2017 $2,484 $114,400 $26,300 $88,100
2016 $2,676 $98,000 $22,500 $75,500
2015 $2,676 $98,000 $22,500 $75,500
2014 $1,088 $60,600 $22,500 $38,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mark Greenfield

    RE/MAX

  • H

    Seller Co-Listing Agent in 2023

    Hannah Moen

    RE/MAX

    Section Image
  • Patrick Weigel

    Buyer's Agent in 2023

    Patrick Weigel

    Hunziker & Assoc.-Ames

    (515) 231-7910

    2 in this area

    63 Total Sales

    Patrick Weigel
    Section Image
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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 62243

APN: 09-11-226-020

Iowa Story County Ames 50010 South Ames Business

120 Cherry Ave, Ames, IA

Not Listed for Sale

Detached

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