$250,000
SOLD NOV 5, 2024
-- Bed
-- Bath
4,080 Sq Ft
0.36 Acres

Recently Sold

$61 Per Sq Ft

10% Below List Price

33 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Forced Air Heating and Cooling System
  • Ames High School Rated A-
  • Laundry Room

About This Home

As of November 2024

*Seller financing options available

Come check out this enormous multi-family house with great rental potential and in a great location! This property offers an incredible investment opportunity to generate some extra income. Located just south of North Grand Mall and Walmart, this 2 unit property offers great shopping and transportation opportunities for tenants. Each unit contains 4 bedrooms and either 1 or 2 full baths. Tenants are currently responsible for electric, internet and tv and both units are rented until July 25th of 2025. Owner pays for gas, lawn care, and snow. Act now and add this property to your portfolio today!

Last Agent to Sell the Property

Collin Fett

RE/MAX Real Estate Center Listed on: 08/21/2024

RE/MAX Real Estate Center

Last Buyer's Agent

Jake Escher

RE/MAX Real Estate Center

RE/MAX Real Estate Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,523

Year Built

  • Built in 1945

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 132x115.35

Parking

  • 3 Car Detached Garage

Interior Spaces

  • 4,080 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Kitchen

  • 2 Kitchens
  • Stove
  • Microwave

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 0535150310

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Snow Removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,523

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 68.38
  • Sp Amt Sq Ft: 61.27
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Dishwashers: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Basement Description: Partial
  • Sq Ft Bsmt: 120
  • Kitchens: 2
  • Laundry: Yes
  • Included Items: Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 4080
  • Total Sq Ft: 4080

Exterior Features

  • Foundation: Poured

Garage/Parking

  • Garage: 3 Detached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central, Window Unit
  • Heat: Gas Forced Air
  • Services: Lawn Care, Snow Removal, Trash Service

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ames

Lot Info

  • Acres: 0.3628
  • Lot S F: 15802
  • Lot Size: 132X115.35
  • Assessor Parcel Number: 0535150310
  • Zoning: RL

Rental Info

  • Furnished: No
  • Landlord Tenant Utilities: Electric Tenant, Gas Landlord, Insurance Tenant, Water Landlord

Tax Info

  • Gross Taxes: 5523.17
  • Net Taxes: 5524.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Ames

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Oct 11, 2024
Sold by
Walnut Hill Holdings Llc
Bought by
Pham Huynh Thuy An
Seller's Agent
Collin Fett
RE/MAX Real Estate Center
Buyer's Agent
Jake Escher
RE/MAX Real Estate Center
List Price
$279,000
Sold Price
$250,000
Premium/Discount to List
-$29,000
-10.39%
Views
31
Current Estimated Value
$306,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,742
Avg. Annual Appreciation
33.88%

Purchase Details

Listed on
May 17, 2022
Closed on
Jul 29, 2022
Sold by
Jordan Thomas J and Jordan Deanna L
Bought by
Walnut Hill Holdings Llc
Seller's Agent
Paul Livingston
Hunziker & Assoc.-Ames
Buyer's Agent
Collin Fett
RE/MAX REAL ESTATE CENTER
List Price
$290,000
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.41%
Original Mortgage
$203,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 25, 2013
Closed on
Oct 31, 2013
Sold by
Barr Properties Llc
Bought by
Jordan Thomas J and Jordan Deanna L
Seller's Agent
Lloyd Flanders
RE/MAX REAL ESTATE CENTER
Buyer's Agent
Paul Livingston
Hunziker & Assoc.-Ames
List Price
$155,900
Sold Price
$143,000
Premium/Discount to List
-$12,900
-8.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%

Purchase Details

Closed on
Jun 20, 2006
Sold by
Oneall Tommy L and Oneall Linda J
Bought by
Donohue Joseph Ronald and Donohue Cynthia Grace
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $250,000 None Listed On Document
Warranty Deed $250,000 None Listed On Document
Warranty Deed $290,000 Gartin Timothy L
Warranty Deed $143,000 None Available
Warranty Deed $155,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $203,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2024 11/05/24 Sold $250,000 -10.4% $61 / Sq Ft
09/23/2024 09/23/24 Pending -- -- --
08/21/2024 08/21/24 For Sale $279,000 -3.8% $68 / Sq Ft
08/10/2022 08/10/22 Sold $290,000 0.0% $71 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $290,000 +102.8% $71 / Sq Ft
11/01/2013 11/01/13 Sold $143,000 -8.3% $35 / Sq Ft
09/24/2013 09/24/13 Pending -- -- --
06/25/2013 06/25/13 For Sale $155,900 -- $38 / 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 $5,524 $388,900 $47,300 $341,600
2023 $3,184 $388,900 $47,300 $341,600
2022 $3,144 $189,200 $47,300 $141,900
2021 $3,158 $189,200 $47,300 $141,900
2020 $3,112 $179,500 $44,900 $134,600
2019 $3,112 $179,500 $44,900 $134,600
2018 $3,136 $179,500 $44,900 $134,600
2017 $3,136 $179,500 $44,900 $134,600
2016 $2,930 $166,400 $46,800 $119,600
2015 $2,930 $166,400 $46,800 $119,600
2014 $2,742 $152,600 $44,700 $107,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 701422

Des Moines Area Association of REALTORS®

APN: 05-35-150-310