NOT LISTED FOR SALE

1301 Ridgewood Ave Ames, IA 50010

Grand-Summit Neighborhood

Estimated Value: $235,502 - $260,000

3 Beds
2 Baths
1,077 Sq Ft
$227/Sq Ft Est. Value

Sale Details

Date Sold: March 7, 2014

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

Est. 97% increase in value since last sale

Current estimated payment $1,634 / mo

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2019
Sold by
Bought by
Current Estimated Value
$244,126

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
$112,227

Purchase Details

Listed on
Jan 7, 2014
Closed on
Mar 1, 2014
Sold by
Bought by
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
5.66%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$176,500 --
$124,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $150,025
Previous Owner $121,754
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    5 in this area

    173 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

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