NOT LISTED FOR SALE

1501 Grand Ave Ames, IA 50010

Grand-Summit Neighborhood

Estimated Value: $239,692 - $283,000

6 Beds
2 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold March 29, 2012

Last sale price $109,155

Est. 138% increase in value since last sale

Current estimated payment $1,679/month

12 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Fellows Elementary School Rated A
  • 1-Story Property

About This Home

As of March 2012

Duplex, 2 bedroom 1 bath units with full basements. One side nicely updated with newer cabinets and updated bathroom. One side in the midst of a remodel and left with unfinished work. Both units have 1-car detached garage with their own driveways. Home qualifies for GMAC mortgage financing. Visit gmacmortgage.com for pre-qualification. Buyers must get GMAC prequalified for financed offers.

Last Agent to Sell the Property

Emily Graeve

RE/MAX at the National Listed on: 02/22/2012

Co-Listed By

Carl Mcknight

RE/MAX at the National

Last Buyer's Agent

Ron Tilley

Johnson & Sons - Boone License #B25140

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,090

Year Built

  • Built in 1954

Lot Details

  • 9,583

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Masonite

Interior Spaces

  • 1-Story Property

Flooring

  • Wood
  • Laminate

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 0534479060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,090

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Multi-Family
  • Lot Size: 9600 sf
  • Co List Office Mls Id: MCK
  • Co List Office Phone: 515-433-2004
  • Architectural Style: 1 Story
  • Garage Yn: Yes
  • Year Built: 1954
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Laminate: Yes
  • Exterior:Brick: Yes
  • Floor:Hardwood: Yes
  • Foundation:Concrete Block: Yes
  • Keywords:Architectural Style2: 1 Story
  • Exterior:Masonite: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Hardwood

Exterior Features

  • Construction Type: Masonite, Brick
  • Foundation Details: Block

Garage/Parking

  • Keywords:Garage Capacity3: 2 Car
  • Keywords:Garage Type3: Detached
  • 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: None

Schools

  • Junior High Dist: Ames

Lot Info

  • Parcel #: 0534479060
  • Zoning: R

Rental Info

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

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2090.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2012
Closed on
Mar 27, 2012
Sold by
Us Bank Na
Bought by
Lettie 3221 Lc
Seller's Agent
Emily Graeve
RE/MAX at the National
Buyer's Agent
Ron Tilley
Johnson & Sons - Boone
List Price
$114,900
Sold Price
$109,155
Premium/Discount to List
-$5,745
-5%
Current Estimated Value
$259,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,768
Avg. Annual Appreciation
6.67%
Original Mortgage
$110,000
Interest Rate
3.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 17, 2012
Sold by
Johnson Kama
Bought by
Us Bank Na
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
Lettie 3221 Lc $109,500 None Available
Us Bank Na $78,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lettie 3221 Lc $110,000
Closed Campus 237 Lc $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2012 03/29/12 Sold $109,155 -5.0% --
03/06/2012 03/06/12 Pending -- -- --
02/22/2012 02/22/12 For Sale $114,900 -- --
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 $3,154 $222,100 $38,700 $183,400
2023 $2,604 $222,100 $38,700 $183,400
2022 $2,572 $154,800 $38,700 $116,100
2021 $2,584 $154,800 $38,700 $116,100
2020 $2,548 $146,900 $36,700 $110,200
2019 $2,548 $146,900 $36,700 $110,200
2018 $2,566 $146,900 $36,700 $110,200
2017 $2,566 $146,900 $36,700 $110,200
2016 $2,348 $133,300 $30,900 $102,400
2015 $2,348 $133,300 $30,900 $102,400
2014 $2,394 $133,300 $30,900 $102,400
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2012

    Emily Graeve

    RE/MAX at the National

  • C

    Seller Co-Listing Agent in 2012

    Carl Mcknight

    RE/MAX at the National

  • R

    Buyer's Agent in 2012

    Ron Tilley

    Johnson & Sons - Boone

See All Agents

Map

Source: Central Iowa Board of REALTORS®

MLS Number: 34830

APN: 05-34-479-060

Iowa Story County Ames 50010 Grand-Summit

1501 Grand Ave, Ames, IA

This home is located at 1501 Grand Ave, Ames, IA 50010 since 22 February 2012 and is currently estimated at $259,923. This property was built in 1954. 1501 Grand Ave is a home located in Story County with nearby schools including Fellows Elementary School, Ames Middle School, and Ames High School.

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