NOT LISTED FOR SALE

1301 Ridgewood Ave Ames, IA 50010

Grand-Summit Neighborhood

Estimated Value: $225,000 - $260,000

3 Beds
2 Baths
1,077 Sq Ft
$221/Sq Ft Est. Value

Last Sold March 07, 2014

Last sale price $124,000 $115 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,450/month

9 Days on Market

Highlights

  • Wood Flooring
  • Fenced Yard
  • 1 Car Attached Garage
  • Fellows Elementary School Rated A-
  • Fireplace
  • Property near a hospital

About This Home

As of March 2014

Great investment property near ISU campus. 2 bedrooms and 1 full bathroom on the main floor unit (1301), 1 bedroom and 1 full bathroom on the lower level unit (1303), several updates, shared washer/dryer, 3 off street parking plus garage, fenced front yard, great Central Ames location, close to downtown, Ames HS, ISU Campus, Ames Aquatic Center, etc. Solid rental property. (Photos taken with a wide angle lens)

Last Agent to Sell the Property

Jared Van Cleave

CENTURY 21 SIGNATURE-Ames License #S57980 Listed on: 01/07/2014

CENTURY 21 SIGNATURE-Ames

Last Buyer's Agent

Jared Van Cleave

JDR Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,979

Year Built

  • Built in 1939

Lot Details

  • Fenced Yard

Parking

  • 1 Car Attached Garage

Home Design

  • Duplex
  • Brick Foundation

Interior Spaces

  • 1,077 Sq Ft Home
  • 1-Story Property
  • Fireplace

Flooring

  • Wood
  • Carpet
  • Tile

Location

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0534452060

Community Details

Overview

  • 2 Units
  • 2 Refrig,2Stoves,1Dw,1Washer,1 Dryer Association

Building Details

  • Operating Expense $3,590
  • Gross Income $15,000
  • Net Operating Income $11,410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,979

Year Built

Built in 1939

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Multi-Family
  • Lot Size: 7420
  • Architectural Style: 1 Story
  • Garage Yn: Yes
  • Year Built: 1939
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Tile2: Yes
  • Foundation:Brick2: Yes
  • Floor:Hardwood: Yes
  • Keywords:Architectural Style2: 1 Story
  • Features:Cable TV: Yes
  • Features:Hospital: Yes
  • Annual Expenses: 3590.0
  • Income Expenses Net Income: 11410.0
  • Features:Fenced Yard: Yes
  • Features:Bus: Yes
  • Features:Fireplace(s): Yes
  • Features:School: Yes
  • Special Features: None

Interior Features

  • Flooring: Tile, Hardwood, Carpet

Exterior Features

  • Construction Type: Shingle
  • Foundation Details: Tile, Brick/Mortar

Garage/Parking

  • Keywords:Garage Capacity3: 1 Car
  • Keywords:Garage Type3: Attached
  • Keywords:Parking Spaces2: 1 - 5 Spaces

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: 2 refrig,2stoves,1DW,1Washer,1 dryer

Schools

  • Junior High Dist: Ames

Lot Info

  • Parcel #: 0534452060
  • Zoning: RL

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 15000.0
  • Property Net Operating Income: 11410.0
  • Annual Operating Expense: 3590.0

Tax Info

  • Tax Annual Amount: 1979.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2019
Sold by
Berthold Grant D and Cook Danielle L
Bought by
Allen Ryan
Current Estimated Value
$220,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,025
Outstanding Balance
$131,899
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$105,965

Purchase Details

Listed on
Jan 7, 2014
Closed on
Mar 1, 2014
Sold by
Faris Richard and Barkley Bobbie Carl
Bought by
Berthold Grant D and Cook Danielle L
Seller's Agent
Jared Van Cleave
CENTURY 21 SIGNATURE-Ames
Buyer's Agent
Jared Van Cleave
JDR Group
List Price
$130,000
Sold Price
$124,000
Premium/Discount to List
-$6,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%
Original Mortgage
$121,754
Interest Rate
4.39%
Mortgage Type
FHA
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
Allen Ryan $176,500 --
Berthold Grant D $124,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Ryan $150,025
Previous Owner Berthold Grant D $121,754
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2014 03/07/14 Sold $124,000 -4.6% $115 / Sq Ft
01/17/2014 01/17/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $130,000 -- $121 / 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 $3,790 $225,400 $48,300 $177,100
2024 $3,708 $271,500 $40,200 $231,300
2023 $2,554 $271,500 $40,200 $231,300
2022 $2,522 $160,700 $40,200 $120,500
2021 $2,620 $160,700 $40,200 $120,500
2020 $2,578 $157,500 $39,400 $118,100
2019 $2,578 $157,500 $39,400 $118,100
2018 $2,752 $157,500 $39,400 $118,100
2017 $2,752 $157,500 $39,400 $118,100
2016 $2,326 $132,100 $28,200 $103,900
2015 $2,326 $132,100 $28,200 $103,900
2014 $2,040 $122,300 $26,100 $96,200
Source: Public Records

Agents Affiliated with this Home

  • Jared Van Cleave

    Seller's Agent in 2014

    Jared Van Cleave

    CENTURY 21 SIGNATURE-Ames

    (515) 460-7777

    4 in this area

    165 Total Sales

    Jared Van Cleave
    Section Image

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    Buyer's Agent in 2014

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    Buyer's Agent in 2014

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    Buyer's Agent in 2014

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    Buyer's Agent in 2014

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    Buyer's Agent in 2014

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 39196

APN: 05-34-452-060

Iowa Story County Ames 50010 Grand-Summit

1301 Ridgewood Ave, Ames, IA

Not Listed for Sale

MultiFamily

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