NOT LISTED FOR SALE

1501 Summit Ave Ames, IA 50010

Grand-Summit Neighborhood

Estimated Value: $71,000 - $108,000

1 Bed
1 Bath
334 Sq Ft
$264/Sq Ft Est. Value

Last Sold December 20, 2018

Last sale price $64,000 $192 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $560/month

97 Days on Market

Highlights

  • Hilly Lot
  • Cooling System Mounted In Outer Wall Opening
  • Outdoor Storage
  • Fellows Elementary School Rated A
  • 1-Story Property
  • Ceiling Fan

About This Home

As of December 2018

Ever dreamt of living in a ''tiny'' house? Here you go. Tiny house on it's own wooded lot in the heart of Ames! Completely renovated from the studs in 2004. New Everything! All mechanicals are new, appliances were new, plumbing, electrical, spray foam insulation, vaulted ceiling to allow for a queen size loft for the bed. Reconfigured for a more efficient layout! Close to campus also makes this a great investment opportunity!

Last Agent to Sell the Property

Sharon Johnson

RE/MAX REAL ESTATE CENTER License #S61871 Listed on: 08/06/2018

RE/MAX REAL ESTATE CENTER

Last Buyer's Agent

Dean Jensen

Friedrich Iowa Realty/Somerset

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $814

Year Built

  • Built in 1946

Lot Details

  • 5,000 Sq Ft Lot
  • Hilly Lot
  • Property is zoned RL

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1 Bathroom
  • 334 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Laminate Flooring
  • Laundry on main level

Kitchen

  • Range
  • Microwave

Outdoor Features

  • Outdoor Storage
  • Storage Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 05-34-450-090

Home Details

Home Type

Single Family

Est. Annual Taxes

$814

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Road Surface Type: Hard Surface
  • Above Grade Finished Sq Ft: 334.0
  • Architectural Style: 1 Story
  • Garage Yn: No
  • Year Built: 1946
  • Water Heater:Electric2: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Floor:Laminate: Yes
  • Features:Main Floor Laundry2: Yes
  • Exterior:Vinyl: Yes
  • Features:Ceiling Fan(s): Yes
  • Features:Storage Shed4: Yes
  • Terrain:Hilly: Yes
  • Foundation:Slab: Yes
  • Cooling:Wall Unit(s): Yes
  • Special Features: None

Interior Features

  • Appliances: Microwave, Range, Refrigerator
  • Has Basement: None
  • Three Quarter Bathrooms: 1
  • Flooring: Laminate
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Window Treatments
  • Appliances Range: Yes
  • Basement:None3: Yes

Exterior Features

  • Lot Features: Hilly
  • Construction Type: Vinyl
  • Foundation Details: Slab
  • Other Structures: Storage
  • Features:Window Treatment(s): Yes

Garage/Parking

  • General Information:Garage Type2: None

Utilities

  • Laundry Features: Main Level
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Electric: Yes

Schools

  • Junior High Dist: Ames

Lot Info

  • Lot Size Sq Ft: 5000.0
  • Parcel #: 05-34-450-090
  • Zoning: RL
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2018
Closed on
Dec 11, 2018
Sold by
Kalambokidis Properties
Bought by
Sedwick Katherine
Seller's Agent
Sharon Johnson
RE/MAX REAL ESTATE CENTER
Buyer's Agent
Dean Jensen
Friedrich Iowa Realty/Somerset
List Price
$84,900
Sold Price
$64,000
Premium/Discount to List
-$20,900
-24.62%
Current Estimated Value
$90,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,144
Avg. Annual Appreciation
5.27%
Original Mortgage
$22,000
Outstanding Balance
$9,117
Interest Rate
4.8%
Mortgage Type
New Conventional
Estimated Equity
$81,021

Purchase Details

Listed on
Jun 10, 2013
Closed on
Nov 5, 2013
Sold by
Morris Brian and Scupham Alexander J
Bought by
Kalambokidis Properties Llc
Seller's Agent
Molly Neal-wong
Hunziker & Assoc.-Ames
Buyer's Agent
Sharon Johnson
RE/MAX REAL ESTATE CENTER
List Price
$47,500
Sold Price
$37,000
Premium/Discount to List
-$10,500
-22.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.30%

Purchase Details

Closed on
Jan 4, 2007
Sold by
Bryner Douglas
Bought by
Morris Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,335
Interest Rate
6.24%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sedwick Katherine $64,000 --
Kalambokidis Properties Llc $37,000 None Available
Morris Brian $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sedwick Katherine $22,000
Previous Owner Morris Brian $37,335
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2018 12/20/18 Sold $64,000 -24.6% $192 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
08/06/2018 08/06/18 For Sale $84,900 +129.5% $254 / Sq Ft
11/08/2013 11/08/13 Sold $37,000 -22.1% $111 / Sq Ft
10/21/2013 10/21/13 Pending -- -- --
06/10/2013 06/10/13 For Sale $47,500 -- $142 / 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 $814 $54,400 $16,600 $37,800
2023 $1,118 $57,300 $16,600 $40,700
2022 $1,106 $66,500 $16,600 $49,900
2021 $1,152 $66,500 $16,600 $49,900
2020 $1,136 $65,500 $16,400 $49,100
2019 $1,136 $65,500 $16,400 $49,100
2018 $1,144 $65,500 $16,400 $49,100
2017 $1,144 $65,500 $16,400 $49,100
2016 $896 $50,900 $29,200 $21,700
2015 $896 $50,900 $29,200 $21,700
2014 $846 $47,100 $26,900 $20,200
Source: Public Records

Agents Affiliated with this Home

  • Sharon Johnson

    Seller's Agent in 2018

    Sharon Johnson

    RE/MAX

    (515) 460-4851

    87 Total Sales

    Section Image

  • D

    Buyer's Agent in 2018

    Dean Jensen

    Friedrich Iowa Realty/Somerset

  • Molly Neal-wong

    Seller's Agent in 2013

    Molly Neal-wong

    Hunziker & Assoc.-Ames

    (515) 451-4852

    4 in this area

    131 Total Sales

    Section Image
See All Agents

Map

Source: Central Iowa Board of REALTORS®

MLS Number: 50086

APN: 05-34-450-090

Iowa Story County Ames 50010 Grand-Summit

1501 Summit Ave, Ames, IA

This home is located at 1501 Summit Ave, Ames, IA 50010 since 06 August 2018 and is currently estimated at $88,129, approximately $263 per square foot. This property was built in 1946. 1501 Summit Ave is a home located in Story County with nearby schools including Fellows Elementary School, Ames Middle School, and Ames High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes