NOT LISTED FOR SALE

Estimated Value: $243,000 - $274,000

4 Beds
4 Baths
1,012 Sq Ft
$256/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $250,000 $247 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,659/month

6 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 4-minute walk to Christopher Gartner Park
  • Ames High School Rated A-
  • Carpet

About This Home

As of May 2022

Turnkey investment opportunity! Become a property investor with this duplex in West Ames! The location is great with short walking distances to the bus stop and Hy-Vee. Each unit offers two bedrooms, one full bathroom, and one half-bath. Currently, the exterior door locks are on a Kwikset Master Lock system. Duplexes are professionally managed. 200 Wellons is leased through 7/27/2022, so it has potential for ''house-hacking,'' with the ability to owner-occupy after the lease end date. 202 Wellons is leased through 7/27/2023.

Last Agent to Sell the Property

Collin Fett

RE/MAX Real Estate Center Listed on: 04/08/2022

RE/MAX Real Estate Center

Last Buyer's Agent

Samuel Brant

RE/MAX Real Estate Center

RE/MAX Real Estate Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,564

Year Built

  • Built in 1975

Lot Details

  • 7,840 Sq Ft Lot
  • Property is zoned RL

Parking

  • Driveway

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Shingled Roof
  • Rubber Roof

Interior Spaces

  • 1,012 Sq Ft Home
  • Carpet
  • Microwave
  • Finished Basement

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0908103310

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,564

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Duplex
  • Lp Amt Sq Ft: 237.15
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 247.04
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Carpeting
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2
  • Partial Bath Total: 2
  • Partial Bath 1st Floor: 2
  • Basement Description: Finished
  • Sq Ft Bsmt: 976
  • Sq Ft Fin Bsmt: 976
  • Included Items: Dryer, Microwave, Refrigerator, Washer
  • Living Area Sq Ft: 1012
  • Total Sq Ft: 1012

Exterior Features

  • Exterior: Brick
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle, Rubber
  • Street Feature: Asphalt

Garage/Parking

  • Driveway: Concrete

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ames

Lot Info

  • Acres: 0.1800
  • Lot S F: 7840
  • Assessor Parcel Number: 0908103310
  • Zoning: RL

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 2564.00
  • Net Taxes: 2564.00

MLS Schools

  • School District: Ames

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2024
Sold by
Reeves Marcel and Reeves Alana
Bought by
Nitz Robert J
Current Estimated Value
$258,858

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Outstanding Balance
$180,694
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$78,164

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 25, 2022
Sold by
Fett International Llc
Bought by
Reeves Marcel and Reeves Alana
Seller's Agent
Collin Fett
RE/MAX Real Estate Center
Buyer's Agent
Samuel Brant
RE/MAX Real Estate Center
List Price
$240,000
Sold Price
$250,000
Premium/Discount to List
$10,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.06%
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
8.60%

Purchase Details

Listed on
May 2, 2018
Closed on
Jun 10, 2018
Sold by
Youngberg Kirk W and Youngberg Lori R
Bought by
Lafayette William and Ng Cindy P
Seller's Agent
Collin Fett
RE/MAX REC
Buyer's Agent
Collin Fett
RE/MAX REC
List Price
$660,000
Sold Price
$653,000
Premium/Discount to List
-$7,000
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-27.34%

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
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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
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
05/25/2022 05/25/22 Sold $250,000 +4.2% $247 / Sq Ft
04/14/2022 04/14/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $240,000 +2.1% $237 / Sq Ft
08/26/2021 08/26/21 Sold $235,000 -2.1% $232 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $240,000 -63.2% $237 / Sq Ft
06/15/2018 06/15/18 Sold $653,000 -1.1% $109 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $660,000 -- $110 / Sq Ft
Source: Des Moines Area Association 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: Des Moines Area Association of REALTORS®

MLS Number: 649386

Des Moines Area Association of REALTORS®

APN: 09-08-103-310