NOT LISTED FOR SALE

200 Wellons Dr Unit 202 Ames, IA 50014

Edwards Neighborhood

Estimated Value: $244,000 - $287,000

4 Beds
2 Baths
1,012 Sq Ft
$259/Sq Ft Est. Value

Last Sold March 08, 2024

Last sale price $245,000 $242 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,704/month

14 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Carpet
  • 4-minute walk to Christopher Gartner Park
  • Ames High School Rated A-

About This Home

As of March 2024

Start the New Year off with an investment opportunity! Whether you're looking to live in one side and rent the other or start building your rental portfolio, this property has everything you could ask for! This fully rented property is located close to the west Hy-Vee and Iowa State University. Both units are well maintained and one unit has a new furnace and A/C. You don't want to miss out on this one. Book a showing today!

Last Agent to Sell the Property

Nicole Leusink

CENTURY 21 SIGNATURE-Ames License #S70745000 Listed on: 01/02/2024

CENTURY 21 SIGNATURE-Ames

Co-Listed By

Jason Mickelson

CENTURY 21 SIGNATURE-Ames License #S65550

Last Buyer's Agent

Member Non

CENTRAL IOWA BOARD OF REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,586

Year Built

  • Built in 1975

Lot Details

  • 7,840

Home Design

  • Duplex
  • Brick Exterior Construction
  • Block Foundation
  • Masonite

Interior Spaces

  • 1,012 Sq Ft Home
  • 2-Story Property
  • Carpet

Additional Features

  • 7,840 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 09-08-103-310

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,586

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.18
  • Lot Size: N/A
  • Co List Office Mls Id: C21 Signtr
  • Co List Office Phone: 515-233-2623
  • Architectural Style: 2 Story
  • Garage Yn: No
  • Year Built: 1975
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Cooling:Central Air: Yes
  • Floor:Carpet: Yes
  • Exterior:Brick: Yes
  • Foundation:Concrete Block: Yes
  • Keywords:Architectural Style2: 2 Story
  • Exterior:Masonite: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet

Exterior Features

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

Garage/Parking

  • Keywords:Garage Capacity3: None
  • Keywords:Garage Type3: None
  • Keywords:Parking Spaces2: None

Utilities

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

Schools

  • Junior High Dist: Ames

Lot Info

  • Lot Size Sq Ft: 7840.0
  • Parcel #: 09-08-103-310
  • Zoning: Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2585.9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2024
Closed on
Mar 2, 2024
Sold by
Reeves Marcel and Reeves Alana
Bought by
Nitz Robert J
Seller's Agent
Nicole Leusink
CENTURY 21 SIGNATURE-Ames
Buyer's Agent
Member Non
CENTRAL IOWA BOARD OF REALTORS
List Price
$255,000
Sold Price
$245,000
Premium/Discount to List
-$10,000
-3.92%
Views
41
Current Estimated Value
$261,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,896
Avg. Annual Appreciation
2.28%
Original Mortgage
$183,750
Outstanding Balance
$181,573
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$71,803

Purchase Details

Closed on
May 25, 2022
Sold by
Fett International Llc
Bought by
Reeves Marcel and Reeves Alana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2021
Closed on
Aug 26, 2021
Sold by
Lafayette William and Ng Cindy P
Bought by
Fett International Llc
Seller's Agent
Collin Fett
RE/MAX Real Estate Center
Buyer's Agent
Collin Fett
RE/MAX Real Estate Center
List Price
$240,000
Sold Price
$235,000
Premium/Discount to List
-$5,000
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.89%

Purchase Details

Closed on
Jun 10, 2018
Sold by
Youngberg Kirk W and Youngberg Lori R
Bought by
Lafayette William and Ng Cindy P

Purchase Details

Closed on
Oct 20, 2006
Sold by
Vanvanast John Van and Ast Pamela K Van
Bought by
Youngberg Kirk W and Youngberg Lori R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.45%
Mortgage Type
New Conventional
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
Nitz Robert J $245,000 None Listed On Document
Reeves Marcel $248,000 Rowe James G
Fett International Llc $235,000 None Available
Lafayette William $216,500 --
Youngberg Kirk W $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nitz Robert J $183,750
Previous Owner Reeves Marcel $186,000
Previous Owner Youngberg Kirk W $89,000
Previous Owner Youngberg Kirk W $97,000
Previous Owner Youngberg Kirk W $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $245,000 -3.9% $242 / Sq Ft
01/17/2024 01/17/24 Pending -- -- --
01/02/2024 01/02/24 For Sale $255,000 +8.5% $252 / Sq Ft
08/26/2021 08/26/21 Sold $235,000 0.0% $232 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/08/2021 07/08/21 Price Changed $235,000 -2.1% $232 / Sq Ft
05/20/2021 05/20/21 For Sale $240,000 -- $237 / 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 $3,348 $235,800 $38,400 $197,400
2023 $2,586 $235,800 $38,400 $197,400
2022 $2,554 $153,700 $38,400 $115,300
2021 $2,564 $153,700 $38,400 $115,300
2020 $2,528 $145,800 $36,500 $109,300
2019 $2,528 $145,800 $36,500 $109,300
2018 $2,546 $145,800 $36,500 $109,300
2017 $2,546 $145,800 $36,500 $109,300
2016 $2,282 $129,600 $30,500 $99,100
2015 $2,282 $129,600 $30,500 $99,100
2014 $2,328 $129,600 $30,500 $99,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 63736

APN: 09-08-103-310