NOT LISTED FOR SALE

3988 550th Ave Ames, IA 50010

Estimated Value: $311,000 - $503,698

5 Beds
3 Baths
2,168 Sq Ft
$185/Sq Ft Est. Value

Sale Details

Date Sold: October 4, 2016

Last sale price $220,000 $101 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,620 / mo

106 Days on Market

Highlights

  • Barn
  • 3 Car Detached Garage
  • Machine Shed
  • Screened Porch
  • Cooling System Mounted In Outer Wall Opening
  • Tile Flooring

About This Home

As of October 2016

Great opportunity for your own hobby farm. 5.57 aces located just south of Ames, 1/2 mile of gravel. 5 bdrms, 3 baths, 3 car garage, fireplace and a main level bdrm, laundry & bath. beautiful and peaceful setting with mature trees and a large machine shed. Past rental for the machine shed was $3000/yr.

Last Agent to Sell the Property

Steve Bock

RE/MAX REAL ESTATE CENTER Listed on: 04/25/2016

RE/MAX REAL ESTATE CENTER

Last Buyer's Agent

Luke Jensen

Friedrich Iowa Realty/Somerset

Property Details

Property Type

  • Other

Year Built

  • Built in 1900

Lot Details

  • 5 Acre Lot
  • Level Lot
  • Property is zoned A-1

Parking

  • 3 Car Detached Garage

Home Design

  • Wood Foundation
  • Block Foundation
  • Stone Foundation
  • Masonite

Interior Spaces

  • 2,168 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Free Standing Fireplace
  • Window Treatments
  • Screened Porch

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Well House

Farming

  • Barn
  • Machine Shed
  • Farm

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Propane
  • Hot Water Heating System
  • Propane
  • Rural Water
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 0924300470

Property Details

Property Type

Other

Year Built

Built in 1900

Lot Details

5 Acres

Listing Details

  • Property Sub Type: Farm
  • Prop. Type: Residential
  • Lot Size Acres: 5.0
  • Road Surface Type: Gravel
  • Above Grade Finished Sq Ft: 1084.0
  • Architectural Style: 2 Story
  • Garage Yn: Yes
  • Year Built: 1900
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Tile2: Yes
  • Features:Sump Pump2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Floor:Vinyl2: Yes
  • Features:Ceiling Fan(s): Yes
  • Terrain:Level: Yes
  • Foundation:Stone2: Yes
  • Outbuildings:Barn(s): Yes
  • Outbuildings:Machine Shed: Yes
  • Foundation:Concrete Block: Yes
  • Foundation:Wood2: Yes
  • Exterior:Masonite: Yes
  • Water:Rural: Yes
  • Features:Propane Tnk - Owned: Yes
  • Cooling:Wall Unit(s): Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Has Basement: Full, Sump Pump
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 852.0
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Window Treatments
  • Basement:Full2: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Fireplace:Free Standing Stove: Yes

Exterior Features

  • Lot Features: Level
  • Construction Type: Masonite
  • Foundation Details: Wood, Block, Stone, Tile
  • Other Structures: Barn(s), Machine Shed
  • Patio And Porch Features: Porch - Open
  • Features:Window Treatment(s): Yes
  • Features:Porch - Open: Yes
  • Features:Porch - Screened: Yes

Garage/Parking

  • General Information:Garage Type2: Detached
  • General Information:Garage Capacity: 3

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well, Rural
  • Heating:Propane: Yes
  • Sewer Septic: Yes
  • Water Well: Yes
  • Heating:Hot Water: Yes

Schools

  • Junior High Dist: Ames

Lot Info

  • Lot Size Sq Ft: 242629.0
  • Parcel #: 0924300470
  • Zoning: A-1
  • ResoLotSizeUnits: Acres

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2016
Closed on
Oct 3, 2016
Sold by
Bought by
Seller's Agent
Steve Bock
RE/MAX REAL ESTATE CENTER
Buyer's Agent
Luke Jensen
Friedrich Iowa Realty/Somerset
List Price
$300,000
Sold Price
$220,000
Premium/Discount to List
-$80,000
-26.67%
Current Estimated Value
$401,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,925
Avg. Annual Appreciation
6.40%
Original Mortgage
$312,000
Interest Rate
3.44%
Mortgage Type
Construction
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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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$220,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $312,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/04/2016 10/04/16 Sold $220,000 -26.7% $101 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
04/25/2016 04/25/16 For Sale $300,000 -- $138 / Sq Ft
Source: Central Iowa Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,390 $473,600 $264,600 $209,000
2024 $5,260 $468,200 $269,300 $198,900
2023 $4,310 $468,200 $269,300 $198,900
2022 $4,304 $325,800 $164,000 $161,800
2021 $4,610 $325,800 $164,000 $161,800
2020 $4,538 $325,800 $164,000 $161,800
2019 $4,538 $325,800 $164,000 $161,800
2018 $4,112 $291,900 $139,400 $152,500
2017 $4,112 $291,900 $139,400 $152,500
2016 $3,872 $285,200 $139,400 $145,800
2015 $3,872 $285,200 $139,400 $145,800
2014 $3,938 $285,200 $139,400 $145,800
Source: Public Records

Agents Affiliated with this Home

  • Steve Bock

    Seller's Agent in 2016

    Steve Bock

    RE/MAX

    (515) 231-1899

    209 Total Sales

    Steve Bock
    Section Image

  • L

    Buyer's Agent in 2016

    Luke Jensen

    Friedrich Iowa Realty/Somerset

See All Agents

Map

Source: Central Iowa Board of REALTORS®

MLS Number: 44574

APN: 09-24-300-470

Iowa Story County Ames 50010

3988 550th Ave, Ames, IA

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