NOT LISTED FOR SALE

143 Sheldon Ave Ames, IA 50014

Estimated Value: $222,000 - $376,000

8 Beds
4 Baths
2,498 Sq Ft
$107/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $245,000 $98 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,748/month

69 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating System

About This Home

As of August 2024

A Rooming House has been owned by the same family for about 50 years. It consists of two apartments and six boarding/sleeping rooms. This home has had a good rental history with low vacancies. > Current Income is $2,430.00 per month with Potential of $3,030.00> Approx Monthly Utilities are $523.00 Paid for by Owner> Currently managed by Triplett Property Management> Letter Of Compliance Good thru May 21, 2025. Property
is being sold as is.

Last Agent to Sell the Property

James Horstman

Hunziker & Assoc.-Ames License #S62423 Listed on: 06/28/2024

Last Buyer's Agent

Patrick Weigel

Hunziker & Assoc.-Ames License #S25094

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,044

Year Built

  • Built in 1912

Lot Details

  • Lot Dimensions are 40 x 150

Home Design

  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,498 Sq Ft Home
  • Multi-Level Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 09-04-353-040

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Income $3,030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,044

Year Built

Built in 1912

Lot Details

6,011 Sq Ft Lot

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Multi-Family
  • Lot Size: 40 x 150
  • Directions: Take Lincoln Way west to Sheldon. Turn right on Sheldon and head north to 143 Sheldon . Property is on the left hand side of the road.
  • Architectural Style: Multi-Level
  • Garage Yn: No
  • Year Built: 1912
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Vinyl2: Yes
  • Exterior:Vinyl: Yes
  • Foundation:Stone2: Yes
  • Floor:Hardwood: Yes
  • Keywords:Architectural Style2: Multi-Level
  • Features:Cable TV: Yes
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Flooring: Vinyl, Hardwood, Carpet
  • Basement:Full2: Yes

Exterior Features

  • Construction Type: Vinyl
  • Foundation Details: Tile, Stone

Garage/Parking

  • Keywords:Garage Capacity3: None
  • Keywords:Garage Type3: None
  • Keywords:Parking Spaces2: 6 - 10 Spaces

Utilities

  • 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

  • Parcel #: 09-04-353-040
  • Zoning: RH

Rental Info

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

Multi Family

  • Number Of Units Total: 3
  • Annual Gross Income: 3030.0

Tax Info

  • Tax Annual Amount: 3043.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2024
Closed on
Aug 19, 2024
Sold by
Anderson Barbara E
Bought by
Lettie 3221 Lc
Seller's Agent
James Horstman
Hunziker & Assoc.-Ames
Buyer's Agent
Patrick Weigel
Hunziker & Assoc.-Ames
List Price
$240,000
Sold Price
$245,000
Premium/Discount to List
$5,000
2.08%
Views
2
Current Estimated Value
$268,246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,246
Avg. Annual Appreciation
5.90%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lettie 3221 Lc $245,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2024 08/30/24 Sold $245,000 0.0% $98 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/29/2024 06/29/24 Price Changed $245,000 +2.1% $98 / Sq Ft
06/28/2024 06/28/24 For Sale $240,000 0.0% $96 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/22/2024 04/22/24 For Sale $240,000 -- $96 / 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 $3,768 $271,100 $30,000 $241,100
2024 $3,688 $259,700 $67,400 $192,300
2023 $3,044 $259,700 $67,400 $192,300
2022 $3,540 $180,900 $67,400 $113,500
2021 $3,694 $180,900 $67,400 $113,500
2020 $3,938 $175,500 $64,200 $111,300
2019 $3,938 $175,500 $64,200 $111,300
2018 $3,948 $159,600 $58,400 $101,200
2017 $3,948 $159,600 $58,400 $101,200
2016 $3,290 $120,500 $44,100 $76,400
2015 $3,290 $120,500 $44,100 $76,400
2014 $3,330 $114,800 $42,000 $72,800
Source: Public Records

Agents Affiliated with this Home

  • James Horstman

    Seller's Agent in 2024

    James Horstman

    Hunziker & Assoc.-Ames

    (515) 720-7859

    189 Total Sales

    James Horstman
    Section Image
  • Patrick Weigel

    Buyer's Agent in 2024

    Patrick Weigel

    Hunziker & Assoc.-Ames

    (515) 231-7910

    61 Total Sales

    Patrick Weigel
    Section Image
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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 64529

APN: 09-04-353-040

Iowa Story County Ames 50014

143 Sheldon Ave, Ames, IA

Not Listed for Sale

MultiFamily

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