NOT LISTED FOR SALE

1316 Douglas Ave Ames, IA 50010

Estimated Value: $190,000 - $254,000

4 Beds
2 Baths
1,294 Sq Ft
$174/Sq Ft Est. Value

Last Sold October 16, 2013

Last sale price $119,500 $92 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $1,407/month

27 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Carpet
  • 1-minute walk to Duff Park

About This Home

As of October 2013

Nicely updated 2 bedroom 1 bath up and down duplex. Located near Cyride, hospital, and easy access to I-35. Has a current LOC and is fully leased.

Last Agent to Sell the Property

Lloyd Flanders

RE/MAX REAL ESTATE CENTER License #S58137 Listed on: 08/16/2013

RE/MAX REAL ESTATE CENTER

Last Buyer's Agent

Jolie Shepherd

Hunziker & Assoc.-Ames

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 10,803

Home Design

  • Duplex
  • Brick Foundation

Interior Spaces

  • 1,294 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0535383100

Community Details

Overview

  • 2 Units
  • Stove,Refrigerators Association

Building Details

  • Gross Income $15,980

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Multi-Family
  • Lot Size: 10800
  • Architectural Style: 2 Story
  • Garage Yn: No
  • Year Built: 1900
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Laminate: Yes
  • Floor:Vinyl2: Yes
  • Foundation:Brick2: Yes
  • Keywords:Architectural Style2: 2 Story
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Laminate, Carpet

Exterior Features

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

Garage/Parking

  • Keywords:Garage Type3: None
  • 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: stove,refrigerators

Schools

  • Junior High Dist: Ames

Lot Info

  • Parcel #: 0535383100
  • Zoning: RL

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 15980.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2013
Closed on
Oct 1, 2013
Sold by
Braet David C and Braet Annette M
Bought by
Bare Amanda Jane
Seller's Agent
Lloyd Flanders
RE/MAX REAL ESTATE CENTER
Buyer's Agent
Jolie Shepherd
Hunziker & Assoc.-Ames
List Price
$125,000
Sold Price
$119,500
Premium/Discount to List
-$5,500
-4.4%
Current Estimated Value
$224,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,212
Avg. Annual Appreciation
5.29%

Purchase Details

Closed on
Aug 18, 2008
Sold by
Schmalz Gary A and Schmalz Cristen M
Bought by
Braet David C and Braet Annette M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,608
Interest Rate
6.42%
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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Purchase History

Date Buyer Sale Price Title Company
Bare Amanda Jane $119,500 None Available
Braet David C $106,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Braet David C $104,608
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2013 10/16/13 Sold $119,500 -4.4% $92 / Sq Ft
09/13/2013 09/13/13 Pending -- -- --
08/16/2013 08/16/13 For Sale $125,000 -- $97 / 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
2025 $2,782 $229,500 $54,000 $175,500
2024 $2,482 $191,800 $32,700 $159,100
2023 $2,202 $174,800 $32,700 $142,100
2022 $2,176 $130,900 $32,700 $98,200
2021 $2,258 $130,900 $32,700 $98,200
2020 $2,224 $128,300 $32,100 $96,200
2019 $2,224 $128,300 $32,100 $96,200
2018 $2,242 $128,300 $32,100 $96,200
2017 $2,242 $128,300 $32,100 $96,200
2016 $2,076 $117,900 $43,800 $74,100
2015 $2,076 $117,900 $43,800 $74,100
2014 $2,118 $117,900 $43,800 $74,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 38495

APN: 05-35-383-100