NOT LISTED FOR SALE

Estimated Value: $492,000 - $589,210

8 Beds
6 Baths
1,597 Sq Ft
$334/Sq Ft Est. Value

Last Sold September 09, 2020

Last sale price $385,000 $241 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,610/month

11 Days on Market

Highlights

  • Fireplace
  • Tile Flooring
  • 3-minute walk to Hutchinson Park
  • Ames High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of September 2020

Exceptional opportunity to own this new construction duplex in west Ames. With over 2000 finished sq. ft of living space in each unit, 4BR's, 3.5 baths, spacious kitchen with granite counter tops and stainless appliances, living room with gas fireplace, 3 upper level bedrooms with spacious master, with walk-in closet and private bath. Lower level finished includes family room, 4th B and 3/4 bath. Live on one side and rent out the other, or take advantage of the investment opportunity as a rental on both units. Letter of compliance on file.

Last Agent to Sell the Property

Traci Jennings

RE/MAX REAL ESTATE CENTER License #S39814 Listed on: 06/02/2020

RE/MAX REAL ESTATE CENTER

Co-Listed By

Lloyd Flanders

RE/MAX REAL ESTATE CENTER License #S58137

Last Buyer's Agent

Traci Jennings

RE/MAX REAL ESTATE CENTER License #S39814 Listed on: 06/02/2020

RE/MAX REAL ESTATE CENTER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,464

Year Built

  • Built in 2019

Lot Details

  • 7,370 Sq Ft Lot

Home Design

  • Duplex
  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1,597 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

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

Community Details

  • 2 Units
  • 2 Ranges, 2 Microwaves, 2 Dishwashers, 2 Disposals Association

Listing and Financial Details

  • Assessor Parcel Number 05-31-478-015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,464

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.17
  • Lot Size: 7370
  • Co List Office Mls Id: REMAX
  • Architectural Style: 2 Story
  • Garage Yn: No
  • Year Built: 2019
  • Foundation:Poured: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Cooling:Central Air: Yes
  • Floor:Carpet: Yes
  • Floor:Tile2: Yes
  • Floor:Vinyl2: Yes
  • Exterior:Vinyl: Yes
  • Keywords:Architectural Style2: 2 Story
  • Features:Fireplace(s): Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Construction Type: Vinyl
  • Foundation Details: Poured

Garage/Parking

  • Keywords:Garage Capacity3: None
  • Keywords:Garage Type3: None
  • 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

Condo/Co-op/Association

  • Association Name: 2 Ranges, 2 Microwaves, 2 Dishwashers, 2 disposals

Schools

  • Junior High Dist: Ames

Lot Info

  • Lot Size Sq Ft: 7370.0
  • Parcel #: 05-31-478-015
  • Zoning: R-HD
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Who Pays Trash: Landlord
  • Who Pays Water: Landlord

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2020
Closed on
Sep 9, 2020
Sold by
Happe Homes Llp
Bought by
Frankiewicz Christophe and Zhou Huan
Seller's Agent
Traci Jennings
RE/MAX REAL ESTATE CENTER
Buyer's Agent
Traci Jennings
RE/MAX REAL ESTATE CENTER
List Price
$425,000
Sold Price
$385,000
Premium/Discount to List
-$40,000
-9.41%
Current Estimated Value
$533,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,053
Avg. Annual Appreciation
6.79%
Original Mortgage
$378,026
Outstanding Balance
$336,993
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$196,060
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 Buyer Sale Price Title Company
Frankiewicz Christophe $385,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frankiewicz Christophe $378,026
Closed Frankiewicz Christophe $378,026
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2020 09/09/20 Sold $385,000 -9.4% $241 / Sq Ft
06/14/2020 06/14/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $425,000 -- $266 / 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
2024 $8,464 $595,900 $105,200 $490,700
2023 $7,080 $595,900 $105,200 $490,700
2022 $6,994 $420,800 $105,200 $315,600
2021 $7,022 $420,800 $105,200 $315,600
2020 $412 $399,200 $99,800 $299,400
2019 $412 $23,700 $23,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 55043

APN: 05-31-478-015