NOT LISTED FOR SALE

Estimated Value: $346,000 - $368,000

6 Beds
4 Baths
1,684 Sq Ft
$211/Sq Ft Est. Value

Last Sold February 20, 2025

Last sale price $337,500 $200 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,235/month

11 Days on Market

Highlights

  • No HOA
  • 2 Car Detached Garage
  • Tile Flooring
  • Fenced Yard
  • Fireplace
  • 2-minute walk to Country Gables Park

About This Home

As of February 2025

(6 BEDS - 4 BATHS) The seller will not accept any proposed purchase agreements/offers earlier than Jan 20th at 9AM. Offers due in by Jan 20th at 9AM. All offers will be responded to by 1pm on Jan 20th.

This well-maintained duplex is a standout investment, generating impressive rental income for the area, making it perfect for investors or those looking to live in one unit while renting out the other to significantly offset their mortgage. Both units have identical layouts designed for comfort and functionality. Each unit features durable tiled flooring on the main level, carpeted bedrooms, and a brick fireplace in the living room. The main floor includes 2 bedrooms, a full bathroom, and a kitchen with oak cabinets and ample space for dining. The basements in both units are newly finished, offering a third bedroom with an egress window, a secondary living area, and an oversized 3/4 bathroom-adding significant rental appeal and flexibility. Tenants will appreciate the private detached 1-car garages(2), providing convenience and privacy without shared spaces, as well as the fully fenced backyard for added comfort. Located in a quiet neighborhood with easy access to HWY 30, HWY 69, and the interstate, this property is perfectly positioned for both renters and owner-occupants. Whether you're looking to grow your portfolio, generate consistent cash flow, or build equity through house hacking, this duplex offers an exceptional opportunity to achieve your financial goals. Basement finished sq ft is approximate. Please contact your agent to find out rent details and get your showing scheduled!

Last Agent to Sell the Property

Traci Jennings

RE/MAX REAL ESTATE CENTER License #S39814 Listed on: 01/09/2025

RE/MAX REAL ESTATE CENTER

Last Buyer's Agent

Miranda Brockman

RE/MAX REAL ESTATE CENTER License #S65972

RE/MAX REAL ESTATE CENTER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,437

Year Built

  • Built in 1977

Lot Details

  • Lot Dimensions are 75x129
  • Fenced Yard

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Poured Concrete
  • Shingle Siding
  • Vinyl Siding
  • Stone

Interior Spaces

  • 1,684 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Tile

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 09-14-452-040

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Fridge(2), Stove(2), Microwave(2), Washer/Dryer(2) Association

Building Details

  • Gross Income $2,650

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,437

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Multi-Family
  • Lot Size: 75x129
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 1977
  • Foundation:Poured: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Tile2: Yes
  • Exterior:Stone: Yes
  • Features:Fenced Yard: Yes
  • Features:Fireplace(s): Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Construction Type: Vinyl Siding, Shingle Siding, Stone
  • Foundation Details: Poured

Garage/Parking

  • Garage Spaces: 2.0
  • Keywords:Garage Type3: Detached
  • Keywords:Parking Spaces2: 6 - 10 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: Fridge(2), Stove(2), Microwave(2), Washer/Dryer(2)
  • Association: No

Association/Amenities

  • General Information:Homeowners Association (HOA): No

Schools

  • Junior High Dist: Ames

Lot Info

  • Parcel #: 09-14-452-040
  • Zoning: RL

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 2650.0

Tax Info

  • Tax Annual Amount: 4436.7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Feb 19, 2025
Sold by
Durbin Benjamin G
Bought by
Old Mill Properties Llc
Seller's Agent
Traci Jennings
RE/MAX REAL ESTATE CENTER
Buyer's Agent
Miranda Brockman
RE/MAX REAL ESTATE CENTER
List Price
$335,000
Sold Price
$337,500
Premium/Discount to List
$2,500
0.75%
Views
33
Current Estimated Value
$354,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,026
Avg. Annual Appreciation
6.43%
Original Mortgage
$253,125
Outstanding Balance
$251,627
Interest Rate
6.93%
Mortgage Type
Credit Line Revolving
Estimated Equity
$102,899

Purchase Details

Closed on
Jan 29, 2021
Sold by
Wilderman Brianna M
Bought by
Durbin Benjamin G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2019
Sold by
319-321 Opal Llc
Bought by
Durbin Benjamin G and Wilderman Brianna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,286
Interest Rate
4.3%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 5, 2015
Sold by
Opal Circle Llc
Bought by
Hedrick Properties Llc

Purchase Details

Closed on
Aug 12, 2011
Sold by
Pederson Glennys C and Armbrecht Todd A
Bought by
Opal Circle Llc

Purchase Details

Closed on
Mar 30, 2010
Sold by
Pederson Glennys C
Bought by
Armbrecht Eric J and Armbrecht Todd A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Old Mill Properties Llc $337,500 None Listed On Document
Durbin Benjamin G -- None Listed On Document
Durbin Benjamin G $205,000 --
Hedrick Properties Llc $155,000 None Available
Opal Circle Llc -- None Available
Armbrecht Eric J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Old Mill Properties Llc $253,125
Previous Owner Durbin Benjamin G $188,000
Previous Owner Durbin Benjamin G $201,286
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2025 02/20/25 Sold $337,500 +0.7% $200 / Sq Ft
01/20/2025 01/20/25 Pending -- -- --
01/09/2025 01/09/25 For Sale $335,000 -- $199 / 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 $4,532 $355,300 $62,900 $292,400
2024 $4,436 $312,400 $51,700 $260,700
2023 $3,330 $312,400 $51,700 $260,700
2022 $3,288 $206,800 $51,700 $155,100
2021 $3,300 $206,800 $51,700 $155,100
2020 $3,060 $196,200 $49,000 $147,200
2019 $3,060 $176,500 $44,100 $132,400
2018 $3,082 $176,500 $44,100 $132,400
2017 $3,082 $176,500 $44,100 $132,400
2016 $2,672 $151,700 $35,400 $116,300
2015 $2,672 $151,700 $35,400 $116,300
2014 $2,726 $151,700 $35,400 $116,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 66262

APN: 09-14-452-040