NOT LISTED FOR SALE

201 Wellons Dr Unit 203 Ames, IA 50014

Edwards Neighborhood

Estimated Value: $212,760 - $264,000

-- Bed
1 Bath
980 Sq Ft
$252/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $232,500 $237 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,662/month

13 Days on Market

Highlights

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

About This Home

As of August 2021

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, and 3 months of FREE management is being offered to any buyers, details on management services can be found at Live here for next to nothing! Perfect opportunity for owner occupied duplex 201 Wellons is currently vacant and 203 Wellons is rented at $850 and would cover a large portion of property costs! 203 Wellons is leased through July of 2022.

Last Listed By

Collin Fett

RE/MAX REC Listed on: 05/20/2021

RE/MAX REC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,552

Year Built

  • Built in 1975

Lot Details

  • 9,400

Home Design

  • 980 Sq Ft Home
  • Block Foundation

Kitchen

  • 2 Kitchens
  • Stove
  • Microwave
  • Dishwasher

Laundry

  • Laundry Room
  • Dryer
  • Washer

Additional Features

  • 1 Full Bathroom
  • 9,400 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0908103320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,552

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Lp Amt Sq Ft: 244.90
  • Sp Amt Sq Ft: 237.24
  • Unit: 203
  • Year Built: 1975
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Disposals: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Sq Ft Bsmt: 945
  • Kitchens: 2
  • Laundry: Yes
  • Half Bathrooms: 1
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 980
  • Total Sq Ft: 980

Exterior Features

  • Foundation: Concrete Block
  • Street Feature: Asphalt
  • Trim: Mahogany

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Services: Lawn Care

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ames

Lot Info

  • Acres: 0.2200
  • Lot S F: 9400
  • Assessor Parcel Number: 0908103320
  • Zoning: RL

Tax Info

  • Gross Taxes: 2552.00
  • Net Taxes: 2552.00

MLS Schools

  • School District: Ames

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Aug 6, 2021
Sold by
Lafayette William and Ng Cindy P
Bought by
Tan Cheng-Hslen
Seller's Agent
Collin Fett
RE/MAX REC
Buyer's Agent
Collin Fett
RE/MAX REC
List Price
$240,000
Sold Price
$232,500
Premium/Discount to List
-$7,500
-3.12%
Total Days on Market
13
Current Estimated Value
$247,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,690
Avg. Annual Appreciation
2.12%
Original Mortgage
$195,500
Outstanding Balance
$180,740
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$70,702

Purchase Details

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,375
Interest Rate
4.62%

Purchase Details

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

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
Tan Cheng-Hslen $235,000 None Available
Lafayette William $216,500 --
Youngberg Krik W $127,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tan Cheng Hsien $195,500
Closed Tan Cheng-Hslen $195,500
Previous Owner Lafayett William $162,375
Previous Owner Youngberg Kirk W $89,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2021 08/18/21 Sold $232,500 -3.1% $237 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $240,000 -- $245 / 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 $3,488 $245,600 $38,800 $206,800
2023 $2,610 $245,600 $38,800 $206,800
2022 $2,578 $155,100 $38,800 $116,300
2021 $2,590 $155,100 $38,800 $116,300
2020 $2,552 $147,200 $36,800 $110,400
2019 $2,552 $147,200 $36,800 $110,400
2018 $2,572 $147,200 $36,800 $110,400
2017 $2,572 $147,200 $36,800 $110,400
2016 $2,270 $128,900 $33,200 $95,700
2015 $2,270 $128,900 $33,200 $95,700
2014 $2,316 $128,900 $33,200 $95,700
Source: Public Records

Agents Affiliated with this Home

  • Collin Fett

    Seller's Agent in 2021

    Collin Fett

    RE/MAX REC

    (515) 329-4011

    11 in this area

    148 Total Sales

    Collin Fett
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 629681

Des Moines Area Association of REALTORS®

APN: 09-08-103-320

Iowa Story County Ames 50014 Edwards

201 Wellons Dr Unit 203, Ames, IA

Homes for Sale in Ames, IA

This home is located at 201 Wellons Dr Unit 203, Ames, IA 50014 since 20 May 2021 and is currently estimated at $247,190, approximately $252 per square foot. This property was built in 1975. 201 Wellons Dr Unit 203 is a home located in Story County with nearby schools including Edwards Elementary School, Ames Middle School, and Ames High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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