NOT LISTED FOR SALE

Estimated Value: $236,000 - $294,070

4 Beds
2 Baths
-- Sq Ft
9,246 Sq Ft Lot

Last Sold March 24, 2017

Last sale price $162,000

Est. 67% increase in value since last sale

Current estimated payment $1,694/month

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Fellows Elementary School Rated A-
  • Property is near schools and bus stop
  • Wood Siding

About This Home

As of March 2017

North Ames Duplex. Letter or compliance tp 12/29/2019. Leased until 7/31/2017. Monthly rent $1550. Double detached 2 car attached. Recent updates: 1506: Ref, AC. 1504: Furnace, DW, Carpet and Range.

Last Agent to Sell the Property

Denny Thompson

FURMAN REALTY License #S24968 Listed on: 01/23/2017

Last Buyer's Agent

Denny Thompson

FURMAN REALTY License #S24968 Listed on: 01/23/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,531

Year Built

  • Built in 1973

Lot Details

  • 9,246

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Wood Siding

Flooring

  • Carpet
  • Vinyl

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • 9,246 Sq Ft Lot
  • Property is near schools and bus stop

Listing and Financial Details

  • Assessor Parcel Number 05-34-250-010

Community Details

Overview

  • 2 Units
  • 2 Stoves, 2 Dw, 2 Refrig. Association

Building Details

  • Operating Expense $3,600
  • Gross Income $18,600
  • Net Operating Income $15,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,531

Year Built

Built in 1973

Lot Details

9,246 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.21
  • Lot Size: -
  • Directions: Located in north Ames
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 1973
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Exterior:Brick: Yes
  • Floor:Vinyl2: Yes
  • Foundation:Concrete Block: Yes
  • Annual Expenses: 3600.0
  • Income Expenses Net Income: 15100.0
  • Features:Bus: Yes
  • Features:School: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet

Exterior Features

  • Construction Type: Wood Siding, Brick
  • Foundation Details: Block

Garage/Parking

  • Garage Spaces: 2.0
  • Keywords:Garage Type3: Detached
  • Keywords:Parking Spaces2: 1 - 5 Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association Name: 2 stoves, 2 DW, 2 Refrig.

Schools

  • Junior High Dist: Ames

Lot Info

  • Lot Size Sq Ft: 9246.0
  • Parcel #: 05-34-250-010
  • Zoning: RL

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 18600.0
  • Property Net Operating Income: 15100.0
  • Annual Operating Expense: 3600.0

Tax Info

  • Tax Annual Amount: 2530.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2017
Closed on
Mar 14, 2017
Sold by
Rkm Properties Llc
Bought by
Rip Assets Llc
Seller's Agent
Denny Thompson
FURMAN REALTY
Buyer's Agent
Denny Thompson
FURMAN REALTY
List Price
$169,000
Sold Price
$162,000
Premium/Discount to List
-$7,000
-4.14%
Current Estimated Value
$271,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,018
Avg. Annual Appreciation
5.95%
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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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
Rip Assets Llc $162,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2017 03/24/17 Sold $162,000 -4.1% --
01/23/2017 01/23/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $169,000 -- --
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 $3,572 $276,300 $57,900 $218,400
2024 $3,498 $246,300 $45,800 $200,500
2023 $3,084 $246,300 $45,800 $200,500
2022 $3,046 $183,300 $45,800 $137,500
2021 $3,060 $183,300 $45,800 $137,500
2020 $3,016 $173,900 $43,500 $130,400
2019 $3,016 $173,900 $43,500 $130,400
2018 $3,038 $173,900 $43,500 $130,400
2017 $3,038 $173,900 $43,500 $130,400
2016 $2,530 $143,700 $33,900 $109,800
2015 $2,530 $143,700 $33,900 $109,800
2014 $2,582 $143,700 $33,900 $109,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 46302

APN: 05-34-250-010

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