$355,000
SOLD JAN 24, 2025
-- Bed
4 Baths
1,728 Sq Ft
0.29 Acres

Recently Sold

$205 Per Sq Ft

11% Below List Price

122 Days on Market

Highlights

  • 2 Kitchens
  • Laundry Room
  • Carpet
  • No HOA
  • Forced Air Heating and Cooling System
  • 4-minute walk to Teagarden Park

About This Home

As of January 2025

This renovated duplex, located on the south side of Ames, presents an outstanding investment opportunity with secured leases extending through July 2025. The exterior was just refreshed with new vinyl siding. Each unit offers 3 bedrooms and 2 bathrooms, featuring recent upgrades such as flooring, paint, appliances, countertops, hardware, and fixtures. The main floor of each unit includes a living room, an eat-in kitchen, two bedrooms, and a full bathroom. The walkout lower level expands the living space with a third bedroom, a 3⁄4 bathroom, a laundry room, and a family room, with access to two patios nestled under mature trees. Additional conveniences include an attached two-car garage (one per unit) and off-street parking. Situated in a desirable neighborhood close to Mitchell Elementary, this property boasts a strong rental history and quick occupancy, ensuring consistent rental income.

Last Agent to Sell the Property

David Charlson

PROmetro Realty Listed on: 08/19/2024

Last Buyer's Agent

Lacie Sibley

Iowa Realty Altoona

Iowa Realty Altoona

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,569

Year Built

  • Built in 1976

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 4 Bathrooms
  • 1,728 Sq Ft Home
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • 2 Kitchens
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Additional Features

  • 0.29 Acre Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0923229110

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $2,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,569

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Duplex
  • Lp Amt Sq Ft: 224.48
  • Sp Amt Sq Ft: 205.44
  • Termite: Follow Showing Instructions
  • Year Built: 1976
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Disposals: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Carpeting, Laminate Floors, Vinyl Floors
  • Total Bathrooms: 4.00
  • Full Bathrooms: 2
  • Third Floor Full Bathrooms: 2
  • Partial Bath Total: 2
  • Basement Description: Finished, Walkout
  • Kitchens: 2
  • Laundry: Yes
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1728
  • Partial Bathrooms: 2
  • Total Sq Ft: 1728

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Sidewalk: Y
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.2902
  • Lot S F: 12640
  • Assessor Parcel Number: 0923229110
  • Zoning: RL

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Taxes Owner, Water Tenant

Tax Info

  • Gross Taxes: 3569.00
  • Net Taxes: 3568.00
  • Tax Year: 2023

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Ames

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Jan 22, 2025
Sold by
Hurd Colin and Hurd Kimberly
Bought by
Johnston Kathleen Renae
Seller's Agent
David Charlson
PROmetro Realty
Buyer's Agent
Lacie Sibley
Iowa Realty Altoona
List Price
$397,900
Sold Price
$355,000
Premium/Discount to List
-$42,900
-10.78%
Views
86
Current Estimated Value
$363,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,314
Avg. Annual Appreciation
2.47%
Original Mortgage
$266,250
Outstanding Balance
$264,369
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$98,945

Purchase Details

Listed on
Nov 18, 2016
Closed on
Dec 17, 2016
Sold by
Moser Chad
Bought by
Hurd Colin and Hurd Kimberly
Seller's Agent
Nancy Marion
RE/MAX Concepts-Ames
Buyer's Agent
Traci Jennings
RE/MAX REAL ESTATE CENTER
List Price
$209,000
Sold Price
$207,000
Premium/Discount to List
-$2,000
-0.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%

Purchase Details

Listed on
May 28, 2013
Closed on
Jul 19, 2013
Sold by
Woodard Nathan J and Woodard Cynthia
Bought by
Moser Chad
Seller's Agent
Nancy Marion
Friedrich Iowa Realty
Buyer's Agent
Nancy Marion
Friedrich Iowa Realty
List Price
$152,000
Sold Price
$140,000
Premium/Discount to List
-$12,000
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.15%
Original Mortgage
$90,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2006
Sold by
Brackelsberg Paul O and Brackelsberg Phyllis J
Bought by
Brackelsberg Paul O and Paul O And Phyllis J Brackelsberg Charit
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 Type Sale Price Title Company
Warranty Deed $355,000 None Listed On Document
Warranty Deed $207,000 None Available
Warranty Deed $140,000 None Available
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $266,250 New Conventional
Previous Owner $90,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2025 01/24/25 Sold $355,000 -8.5% $205 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
11/09/2024 11/09/24 Price Changed $387,900 -2.5% $224 / Sq Ft
08/16/2024 08/16/24 For Sale $397,900 +92.2% $230 / Sq Ft
12/20/2016 12/20/16 Sold $207,000 -1.0% $120 / Sq Ft View Prior Sale
11/23/2016 11/23/16 Pending -- -- --
11/18/2016 11/18/16 For Sale $209,000 +49.3% $121 / Sq Ft
07/24/2013 07/24/13 Sold $140,000 -7.9% $81 / Sq Ft View Prior Sale
07/05/2013 07/05/13 Pending -- -- --
05/28/2013 05/28/13 For Sale $152,000 -- $88 / 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
2025 $3,646 $353,700 $78,100 $275,600
2024 $3,568 $251,300 $50,000 $201,300
2023 $3,362 $251,300 $50,000 $201,300
2022 $3,320 $199,800 $50,000 $149,800
2021 $3,336 $199,800 $50,000 $149,800
2020 $3,288 $189,600 $47,400 $142,200
2019 $3,288 $189,600 $47,400 $142,200
2018 $3,312 $189,600 $47,400 $142,200
2017 $3,312 $189,600 $47,400 $142,200
2016 $2,414 $145,800 $37,300 $108,500
2015 $2,414 $145,800 $37,300 $108,500
2014 $2,464 $145,800 $37,300 $108,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 700893

Des Moines Area Association of REALTORS®

APN: 09-23-229-110