NOT LISTED FOR SALE

2221 Prairie View E Ames, IA 50010

Estimated Value: $313,000 - $353,929

4 Beds
2 Baths
2,160 Sq Ft
$154/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $240,000 $111 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,098/month

2 Days on Market

Highlights

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

About This Home

As of April 2022

Don't miss out on this great investment opportunity. Duplex with full basement and two car attached garage. Located in quiet neighborhood in Ames. Property is on a nice size lot. Close to ISU campus and conveniently located by Somerset businesses. Long-term tenants reside here. Letter of Compliance through 2024. This property is priced AS IS condition.

Last Agent to Sell the Property

Steve Bock

RE/MAX REAL ESTATE CENTER Listed on: 01/21/2022

RE/MAX REAL ESTATE CENTER

Last Buyer's Agent

Steve Bock

RE/MAX REAL ESTATE CENTER Listed on: 01/21/2022

RE/MAX REAL ESTATE CENTER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,408

Year Built

  • Built in 1978

Lot Details

  • 10,498

Parking

  • 2 Car Attached Garage

Home Design

  • Duplex
  • Brick Foundation
  • Poured Concrete
  • Masonite

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Vinyl

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 05-34-151-050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,408

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Multi-Family
  • Lot Size: 10507
  • Architectural Style: 2 Story
  • Garage Yn: Yes
  • Year Built: 1978
  • Foundation:Poured: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Vinyl2: Yes
  • Foundation:Brick2: Yes
  • Keywords:Architectural Style2: 2 Story
  • Exterior:Masonite: Yes
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Flooring: Vinyl, Carpet
  • Basement:Full2: Yes

Exterior Features

  • Construction Type: Masonite
  • Foundation Details: Brick/Mortar, Poured

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

Schools

  • Junior High Dist: Ames

Lot Info

  • Parcel #: 05-34-151-050
  • Zoning: RL

Rental Info

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

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3407.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Mar 29, 2022
Sold by
Mary L Stevens Revocable Trust
Bought by
Douglas Development Llc
Seller's Agent
Steve Bock
RE/MAX REAL ESTATE CENTER
Buyer's Agent
Steve Bock
RE/MAX REAL ESTATE CENTER
List Price
$200,000
Sold Price
$240,000
Premium/Discount to List
$40,000
20%
Current Estimated Value
$331,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,982
Avg. Annual Appreciation
9.04%
Original Mortgage
$240,000
Outstanding Balance
$209,506
Interest Rate
3.63%
Estimated Equity
$122,476
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Douglas Development Llc $230,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Douglas Development Llc $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2022 04/01/22 Sold $240,000 +20.0% $111 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $200,000 -- $93 / 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
2025 $4,304 $336,600 $65,600 $271,000
2024 $4,214 $296,700 $51,100 $245,600
2023 $3,436 $296,700 $51,100 $245,600
2022 $3,394 $204,200 $51,100 $153,100
2021 $3,408 $204,200 $51,100 $153,100
2020 $3,360 $193,700 $48,400 $145,300
2019 $3,360 $193,700 $48,400 $145,300
2018 $3,384 $193,700 $48,400 $145,300
2017 $3,384 $193,700 $48,400 $145,300
2016 $3,018 $171,400 $37,700 $133,700
2015 $3,018 $171,400 $37,700 $133,700
2014 $3,080 $171,400 $37,700 $133,700
Source: Public Records

Agents Affiliated with this Home

  • Steve Bock

    Seller's Agent in 2022

    Steve Bock

    RE/MAX

    (515) 231-1899

    219 Total Sales

    Steve Bock
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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 59264

APN: 05-34-151-050

Iowa Story County Ames 50010

2221 Prairie View E, Ames, IA

Not Listed for Sale

MultiFamily

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