$261,000
SOLD JUL 12, 2024

259 N Hyland Ave Ames, IA 50014

-- Bed
2 Baths
1,876 Sq Ft
0.25 Acres

Recently Sold

$139 Per Sq Ft

9% Above List Price

6 Days on Market

Highlights

  • 2 Kitchens
  • Wood Flooring
  • Laundry Room
  • Ames High School Rated A-
  • No HOA
  • Storage

About This Home

As of July 2024

Large duplex walkable to campus! Unit 1 has 4 bedrooms and 1 bath, unit 2 has 2 bedrooms and 1 bath. Basement is accessible to both for access to storage and laundry. New siding & windows, Great rental history at 2400/mo with potential of $2800. Electric is separated, 1 furnace & 1 water heater. Tenants split bills. All utilities are paid by renters, snow removal and yard care by renter. Property is being sold 'as is'.

Last Agent to Sell the Property

Nancy Marion

RE/MAX Concepts-Ames Listed on: 06/06/2024

RE/MAX Concepts-Ames

Last Buyer's Agent

OUTSIDE AGENT

OTHER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,660

Year Built

  • Built in 1900

Home Design

  • Brick Foundation

Interior Spaces

  • 1,876 Sq Ft Home
  • 2-Story Property
  • Storage
  • Laundry Room
  • 2 Kitchens
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Additional Features

  • 0.25 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0904302050

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $2,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,660

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 127.93
  • Sp Amt Sq Ft: 139.13
  • Termite: Follow Showing Instructions
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Carpeting, Hardwood Floors, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Third Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 988
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes
  • Living Area Sq Ft: 1876
  • Total Sq Ft: 1876

Exterior Features

  • Foundation: Brick
  • Sidewalk: Y

Garage/Parking

  • Off Street Parking: 7

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Separate Meters: Y

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Ames

Lot Info

  • Acres: 0.2516
  • Lot S F: 10960
  • Assessor Parcel Number: 0904302050
  • Zoning: RH

Rental Info

  • Deposit: Yes
  • Landlord Tenant Utilities: Electric Tenant, Gas Tenant, Insurance Tenant, Misc Exp Tenant, Water Tenant

Tax Info

  • Gross Taxes: 2660.00
  • Net Taxes: 2660.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Ames

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Jul 8, 2024
Sold by
Hendrickson Debra L
Bought by
Adventure Investments Llc
Seller's Agent
Nancy Marion
RE/MAX Concepts-Ames
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$240,000
Sold Price
$261,000
Premium/Discount to List
$21,000
8.75%
Total Days on Market
6
Views
18
Current Estimated Value
$256,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,018
Avg. Annual Appreciation
3.60%

Purchase Details

Closed on
Dec 21, 2007
Sold by
D J Company Lc
Bought by
Hendrickson Debra L
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 Type Sale Price Title Company
Warranty Deed $261,000 None Listed On Document
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $261,000 +8.8% $139 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $240,000 -- $128 / 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 $2,560 $180,200 $39,500 $140,700
2023 $2,660 $180,200 $39,500 $140,700
2022 $2,628 $158,100 $39,500 $118,600
2021 $2,726 $158,100 $39,500 $118,600
2020 $2,688 $155,000 $38,800 $116,200
2019 $2,688 $155,000 $38,800 $116,200
2018 $2,708 $155,000 $38,800 $116,200
2017 $2,708 $155,000 $38,800 $116,200
2016 $2,302 $130,700 $43,600 $87,100
2015 $2,302 $130,700 $43,600 $87,100
2014 $2,068 $115,100 $100,500 $14,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 696819

Des Moines Area Association of REALTORS®

APN: 09-04-302-050