NOT LISTED FOR SALE

1305 Iowa Cir Ames, IA 50014

Estimated Value: $203,451 - $237,000

4 Beds
2 Baths
936 Sq Ft
$238/Sq Ft Est. Value

Last Sold April 15, 2024

Last sale price $211,000 $225 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,528/month

108 Days on Market

Highlights

  • No HOA
  • Fireplace
  • Tile Flooring
  • Ames High School Rated A-
  • 2 Car Attached Garage
  • Property is near a bus stop

About This Home

As of April 2024

Location! Cyride Bus route. Walk distance to ISU campus.
Brand new roof, gutter and downspouts in May 2023. Large backyard with mature trees.
Solid investment property of two-family conversion, each unit has 2 bedroom and 1 bathroom. Both units lease expires on July 31, 2024. or you could turn this property back to a single family house in future if you want.
Letter of Compliance just renewed May 2023. The seller is a licensed agent selling on his own behalf.

Last Agent to Sell the Property

Zhan Zhang

LPT Realty, LLC License #S69622 Listed on: 11/12/2023

LPT Realty, LLC

Last Buyer's Agent

Nicole Leusink

CENTURY 21 SIGNATURE-Ames License #S70745000

CENTURY 21 SIGNATURE-Ames

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,888

Year Built

  • Built in 1975

Lot Details

  • 0.28

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Split Foyer
  • Poured Concrete
  • Masonite

Interior Spaces

  • 936 Sq Ft Home
  • Fireplace

Flooring

  • Carpet
  • Tile
  • Vinyl

Basement

  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Utilities

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

Additional Features

  • 0.28 Acre Lot
  • Property is near a bus stop

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,888

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.28
  • Lot Size: 12,126 SF
  • Architectural Style: Split Foyer
  • Garage Yn: Yes
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Has Basement: Daylight, Full
  • Flooring: Vinyl, Tile, Carpet
  • Basement:Full2: Yes
  • Basement:Daylight: Yes

Exterior Features

  • Construction Type: Masonite
  • Foundation Details: Poured

Garage/Parking

  • Keywords:Garage Capacity3: 2 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: No

Association/Amenities

  • General Information:Homeowners Association (HOA): No

Schools

  • Junior High Dist: Ames

Lot Info

  • Lot Size Sq Ft: 12126.0
  • Zoning: Residential Low
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2888.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2023
Closed on
Apr 12, 2024
Sold by
Zhang Zhan and Wang Yu
Bought by
Weir Jennifer A
Seller's Agent
Zhan Zhang
LPT Realty, LLC
Buyer's Agent
Nicole Leusink
CENTURY 21 SIGNATURE-Ames
List Price
$214,000
Sold Price
$211,000
Premium/Discount to List
-$3,000
-1.4%
Views
316
Current Estimated Value
$223,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,113
Avg. Annual Appreciation
4.84%
Original Mortgage
$112,942
Outstanding Balance
$111,781
Interest Rate
6.94%
Mortgage Type
FHA
Estimated Equity
$111,332

Purchase Details

Closed on
Apr 30, 2021
Sold by
Wang Xinwel and Zhou Ying
Bought by
Zhang Zhan and Wang Yu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3%
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
Weir Jennifer A $211,000 None Listed On Document
Zhang Zhan $180,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weir Jennifer A $112,942
Previous Owner Zhang Zhan $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Sold $211,000 -1.4% $225 / Sq Ft
02/29/2024 02/29/24 Pending -- -- --
11/12/2023 11/12/23 For Sale $214,000 +21.2% $229 / Sq Ft
11/18/2016 11/18/16 Sold $176,500 -0.8% $189 / Sq Ft
10/08/2016 10/08/16 Pending -- -- --
10/04/2016 10/04/16 For Sale $178,000 -- $190 / Sq Ft
Source: Central Iowa Board 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
2024 $3,422 $240,900 $42,900 $198,000
2023 $2,888 $240,900 $42,900 $198,000
2022 $2,854 $171,700 $42,900 $128,800
2021 $2,960 $171,700 $42,900 $128,800
2020 $2,918 $168,300 $42,100 $126,200
2019 $2,918 $168,300 $42,100 $126,200
2018 $2,940 $168,300 $42,100 $126,200
2017 $2,940 $168,300 $42,100 $126,200
2016 $2,786 $158,200 $41,300 $116,900
2015 $2,786 $158,200 $41,300 $116,900
2014 $2,608 $145,200 $37,800 $107,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 63563

APN: 05-33-352-200