NOT LISTED FOR SALE

2002 Melrose Ave Ames, IA 50010

Estimated Value: $251,000 - $322,000

5 Beds
2 Baths
-- Sq Ft
8,407 Sq Ft Lot

Last Sold March 27, 2012

Last sale price $152,000

Est. 90% increase in value since last sale

Current estimated payment $1,913/month

70 Days on Market

Highlights

  • 2 Car Attached Garage
  • 1-Story Property
  • Carpet
  • Fellows Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of March 2012

Wonderful duplex in great neighborhood. Both sides currently rented with leases until 8/12. 1 side has 2 bdrms & 1 bath the other has 2-3 bdrms & 1.5 baths. Both sides nicely updated. Full basement & incluide all appliances. Would make a great owner/occupied property. Has a 2 car garage too. 1/2 block to Cy Ride stop & has off street parking too.

Last Agent to Sell the Property

Brandi Nelson

CENTURY 21 SIGNATURE-Ames Listed on: 12/12/2011

Co-Listed By

Nathan Heaberlin

CENTURY 21 SIGNATURE-Ames

Last Buyer's Agent

Karlai Thornburg

Friedrich Iowa Realty License #S37384

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,295

Year Built

  • Built in 1959

Lot Details

  • 8,407

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Block Foundation

Interior Spaces

  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0534276280

Community Details

Overview

  • 2 Units
  • All Appliances Stay Association

Building Details

  • Gross Income $1,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,295

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Multi-Family
  • Lot Size: 8393
  • Co List Office Mls Id: C21 Signtr
  • Co List Office Phone: 515-233-2623
  • Architectural Style: 1 Story
  • Garage Yn: Yes
  • Year Built: 1959
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Cooling:Central Air: Yes
  • Floor:Carpet: Yes
  • Floor:Vinyl2: Yes
  • Foundation:Concrete Block: Yes
  • Keywords:Architectural Style2: 1 Story
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet

Exterior Features

  • Construction Type: Steel
  • Foundation Details: Block

Garage/Parking

  • Keywords:Garage Capacity3: 2 Car
  • Keywords:Garage Type3: Attached
  • 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: all appliances stay

Schools

  • Junior High Dist: Ames

Lot Info

  • Parcel #: 0534276280
  • Zoning: RL

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 1350.0

Tax Info

  • Tax Annual Amount: 2295.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2021
Sold by
Liu Kunwel and Liang Chujun
Bought by
Thornburg Trajan
Current Estimated Value
$288,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,125
Outstanding Balance
$142,064
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$128,210

Purchase Details

Listed on
Dec 12, 2011
Closed on
Mar 12, 2012
Sold by
Olinger Andrew Dean and Olinger Gina Michelle
Bought by
Liu Kunwei
Seller's Agent
Brandi Nelson
CENTURY 21 SIGNATURE-Ames
Buyer's Agent
Karlai Thornburg
Friedrich Iowa Realty
List Price
$159,900
Sold Price
$152,000
Premium/Discount to List
-$7,900
-4.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%
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
Thornburg Trajan $204,250 None Available
Liu Kunwei $152,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thornburg Trajan $154,125
Previous Owner Olingerand Adrew Dean $52,482
Previous Owner Olinger Andrew Dean $34,500
Previous Owner Olinger Andrew Dean $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2012 03/27/12 Sold $152,000 -4.9% --
02/21/2012 02/21/12 Pending -- -- --
12/12/2011 12/12/11 For Sale $159,900 -- --
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 $4,090 $288,000 $43,800 $244,200
2023 $2,944 $288,000 $43,800 $244,200
2022 $2,908 $175,000 $43,800 $131,200
2021 $2,908 $175,000 $43,800 $131,200
2020 $2,878 $166,000 $41,500 $124,500
2019 $2,878 $166,000 $41,500 $124,500
2018 $2,900 $166,000 $41,500 $124,500
2017 $2,900 $166,000 $41,500 $124,500
2016 $2,578 $146,400 $33,000 $113,400
2015 $2,578 $146,400 $33,000 $113,400
2014 $2,630 $146,400 $33,000 $113,400
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Brandi Nelson

    CENTURY 21 SIGNATURE-Ames

  • N

    Seller Co-Listing Agent in 2012

    Nathan Heaberlin

    CENTURY 21 SIGNATURE-Ames

  • K

    Buyer's Agent in 2012

    Karlai Thornburg

    Friedrich Iowa Realty

    (515) 956-1500

    30 Total Sales

    Karlai Thornburg
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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 34476

APN: 05-34-276-230

Iowa Story County Ames 50010

2002 Melrose Ave, Ames, IA

This home is located at 2002 Melrose Ave, Ames, IA 50010 since 12 December 2011 and is currently estimated at $288,546. This property was built in 1959. 2002 Melrose 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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