NOT LISTED FOR SALE

1202 Top-O-hollow Rd Ames, IA 50010

Estimated Value: $224,000 - $250,000

2 Beds
2 Baths
864 Sq Ft
$273/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $210,000 $243 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,468/month

14 Days on Market

Highlights

  • 1-Story Property
  • Fellows Elementary School Rated A
  • Forced Air Heating System

About This Home

As of January 2022

Quality Duplex featuring two 2 bedroom/1 bath units in North Ames. This prime location is within walking distance of Ada Hayden, Walmart, and the Ames Mall. Several Cyride stops in the area make getting around town a breeze with or without a vehicle. Both units are nicely appointed with minimal maintenance finishes to keep cost of ownership low. Both units are leased through Summer 2022 and the property has had a solid rental history with tenants covering utilities and lawn care/snow removal.

Last Agent to Sell the Property

Chris Betts

Re/Max Real Estate Center Listed on: 12/06/2021

Re/Max Real Estate Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,340

Year Built

  • Built in 1975

Lot Details

  • 0.28

Home Design

  • Duplex
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 0.28 Acre Lot
  • Forced Air Heating System

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,340

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: TOP-O-HOLLOW ADD LOT:5 AMES
  • Municipality: Ames
  • Section Number: 27
  • Year Built: 1975
  • Stories: 1 Story
  • OFFICELIST_ADDRESS: 1202 Top O Hollow
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2021-12-06
  • List Office I D: 124
  • Sales Office I D: 1
  • Selling Agent: 1
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Building Style: Duplex Up and Down
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Total Bathrooms: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Number of Units: 2
  • Unit 1 Sq Ft: 864
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number of Ranges: Two
  • Bedrooms: 2
  • Total Bathrooms: 1
  • Basement: Finished (Livable)
  • Price Per S Q F T: 243.06
  • Above Grade Finished Sq Ft: 864
  • Below Grade Finished Sq Ft: 864
  • Room Types: Unit1 Bedroom 1, Unit1 Bedroom 2, Unit1 Bedroom 3, Unit1 Bedroom 4, Unit1 Dining Room, Unit1 Extra Room 1, Unit1 Extra Room 2, Unit1 Extra Room 3, Unit1 Extra Room 4, Unit1 Extra Room 5, Unit1 Extra Room 6, Unit1 Family Room, Unit1 Kitchen, Unit1 Living Room, Unit2 Bedroom 1, Unit2 Bedroom 2, Unit2 Bedroom 3, Unit2 Bedroom 4, Unit2 Dining Room, Unit2 Extra Room 1, Unit2 Extra Room 2, Unit2 Extra Room 3, Unit2 Extra Room 4, Unit2 Extra Room 5, Unit2 Extra Room 6, Unit2 Family Room, Unit2 Kitchen, Unit2 Living Room, Unit3 Bedroom 1, Unit3 Bedroom 2, Unit3 Bedroom 3, Unit3 Bedroom 4, Unit3 Dining Room, Unit3 Extra Room 1, Unit3 Extra Room 2, Unit3 Extra Room 3, Unit3 Extra Room 4, Unit3 Extra Room 5, Unit3 Extra Room 6, Unit3 Family Room, Unit3 Kitchen, Unit3 Living Room, Unit4 Bedroom 1, Unit4 Bedroom 2, Unit4 Bedroom 3, Unit4 Bedroom 4, Unit4 Dining Room, Unit4 Extra Room 1, Unit4 Extra Room 2, Unit4 Extra Room 3, Unit4 Extra Room 4, Unit4 Extra Room 5, Unit4 Extra Room 6, Unit4 Family Room, Unit4 Kitchen, Unit4 Living Room

Exterior Features

  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Vinyl
  • Roof: Asphalt Shingles

Garage/Parking

  • Fuel: Natural Gas

Utilities

  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Association/Amenities

  • Complex/Development/Subdivision: Top-O-Hollow Add

Fee Information

  • Tax Class: MULTI-FAMILY (2-4 UNITS)

Schools

  • School District: Ames
  • School District Number: 225
  • School District Phone: 515-268-6600

Lot Info

  • Acres: 0.28
  • Assessment Pending: No
  • Homestead Description: Other
  • Lot Dimensions: 12000SF
  • Lot Size Sq Ft: 12196.8
  • Lot Size Units: Acres

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Multi Family

  • Number Of Refrigerators: Two
  • Total Units: 2
  • Unit Type: Unit 1, Unit 2, Unit 3, Unit 4

Tax Info

  • Tax With Assessments: 2340
  • Tax Year: 2021
  • Gross Taxes: 2340

MLS Schools

  • School District: 225 - Ames
  • School District Name: Ames

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Jan 21, 2022
Sold by
Country Water Investments Llc
Bought by
Cable Re Investments Lc
Seller's Agent
Chris Betts
Re/Max Real Estate Center
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%
Current Estimated Value
$236,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,091
Avg. Annual Appreciation
3.21%
Original Mortgage
$210,000
Outstanding Balance
$193,818
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$42,273

Purchase Details

Closed on
Jun 13, 2014
Sold by
Lepke Larry L and Lepke Phyllis J
Bought by
Country Waters Investments Llc
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
Cable Re Investments Lc $210,000 None Listed On Document
Country Waters Investments Llc $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cable Re Investments Lc $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2022 01/28/22 Sold $210,000 -4.5% $243 / Sq Ft
12/20/2021 12/20/21 Pending -- -- --
12/06/2021 12/06/21 For Sale $220,000 -- $255 / Sq Ft
Source: NoCoast MLS

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 $2,596 $234,500 $66,000 $168,500
2024 $2,540 $178,900 $35,100 $143,800
2023 $2,358 $178,900 $35,100 $143,800
2022 $2,330 $140,200 $35,100 $105,100
2021 $2,340 $140,200 $35,100 $105,100
2020 $2,306 $133,000 $33,300 $99,700
2019 $2,306 $133,000 $33,300 $99,700
2018 $2,324 $133,000 $33,300 $99,700
2017 $2,324 $133,000 $33,300 $99,700
2016 $2,048 $116,300 $35,600 $80,700
2015 $2,048 $116,300 $35,600 $80,700
2014 $2,090 $116,300 $35,600 $80,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6133103

NoCoast MLS

APN: 05-27-401-120