NOT LISTED FOR SALE

5198 240th St Ames, IA 50014

Estimated Value: $357,000 - $463,729

4 Beds
2 Baths
2,832 Sq Ft
$144/Sq Ft Est. Value

Sale Details

Date Sold: May 5, 2017

Last sale price $235,000 $83 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,429 / mo

32 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Ceiling Fan
  • 3 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Level Lot

About This Home

As of May 2017

Great location just south of Highway 30 and South Dakota Ave. This acreage includes 3.39 acres with many mature trees. Beautiful setting overlooking neighboring pond and a great place to enjoy the sunset. This home offers the opportunity for 4-5 bedrooms. The main level consists of a large living room with built ins and fireplace, recently remodeled kitchen, and huge master suite with hardwood flooring and full bathroom. The upper level contains an additional three bedrooms and full bathroom. Potential for rental income with the separate living area attached to the home that offers kitchen, living room, bedroom, and bathroom. Previously brought in 6500/ yr in income. Detached three car garage with loft offers plenty of storage for all of your toys.

Last Agent to Sell the Property

Marc Olson Team

RE/MAX Concepts-Ames Listed on: 02/22/2017

Last Buyer's Agent

Bill Jennings

RE/MAX Real Estate Center License #B39814000

RE/MAX Real Estate Center

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

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

Parking

  • 3 Car Detached Garage

Home Design

  • Block Foundation
  • Stone Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2,832 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Partial Basement

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Well
  • Gas Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 09-18-100-250

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

3 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 3.0
  • Road Surface Type: Gravel
  • Above Grade Finished Sq Ft: 2149.0
  • Architectural Style: 1 1/2 Story
  • Garage Yn: Yes
  • Year Built: 1910
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Vinyl2: Yes
  • Exterior:Vinyl: Yes
  • Features:Ceiling Fan(s): Yes
  • Terrain:Level: Yes
  • Foundation:Stone2: Yes
  • Floor:Hardwood: Yes
  • Foundation:Concrete Block: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Range, Refrigerator
  • Has Basement: Partial
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Vinyl, Hardwood
  • Interior Amenities: Ceiling Fan(s)
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Partial2: Yes
  • Fireplace:Wood10: Yes

Exterior Features

  • Lot Features: Level
  • Construction Type: Vinyl
  • Foundation Details: Block, Stone
  • Patio And Porch Features: Patio
  • Features:Patio3: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well
  • Heating:Forced Air: Yes
  • Heating:Propane: Yes
  • Sewer Septic: Yes
  • Water Well: Yes

Schools

  • Junior High Dist: United

Lot Info

  • Lot Size Sq Ft: 147668.0
  • Parcel #: 09-18-100-250
  • Zoning: A-1
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2017
Closed on
May 4, 2017
Sold by
Frame Pebbles Katherine and Pebbles Charles
Bought by
Burkland Elizabeth and Burkland Andrew
Seller's Agent
Marc Olson Team
RE/MAX Concepts-Ames
Buyer's Agent
Bill Jennings
RE/MAX Real Estate Center
List Price
$269,900
Sold Price
$235,000
Premium/Discount to List
-$34,900
-12.93%
Current Estimated Value
$406,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,432
Avg. Annual Appreciation
6.30%
Original Mortgage
$230,743
Outstanding Balance
$191,891
Interest Rate
4.1%
Mortgage Type
FHA
Estimated Equity
$214,541

Purchase Details

Listed on
Jan 21, 2013
Closed on
May 1, 2013
Sold by
The Estate Of Virginia E Canute
Bought by
Frame Katherine
Seller's Agent
Emily Graeve
RE/MAX at the National
Buyer's Agent
Emily Graeve
RE/MAX at the National
List Price
$225,000
Sold Price
$197,000
Premium/Discount to List
-$28,000
-12.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$157,000
Interest Rate
3.52%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Purchase History

Date Buyer Sale Price Title Company
Burkland Elizabeth $235,000 None Available
Frame Katherine $197,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burkland Elizabeth $230,743
Previous Owner Frame Katherine $157,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2017 05/05/17 Sold $235,000 -12.9% $83 / Sq Ft
03/27/2017 03/27/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $269,900 +37.0% $95 / Sq Ft
05/02/2013 05/02/13 Sold $197,000 -12.4% $70 / Sq Ft View Prior Sale
03/26/2013 03/26/13 Pending -- -- --
01/21/2013 01/21/13 For Sale $225,000 -- $79 / Sq Ft
Source: Central Iowa Board of REALTORS®

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 $3,462 $372,200 $225,000 $147,200
2024 $3,388 $377,300 $226,300 $151,000
2023 $2,718 $377,300 $226,300 $151,000
2022 $2,670 $257,100 $140,000 $117,100
2021 $2,970 $257,100 $140,000 $117,100
2020 $3,138 $257,100 $140,000 $117,100
2019 $3,138 $257,100 $140,000 $117,100
2018 $2,838 $250,700 $119,000 $131,700
2017 $2,838 $250,700 $119,000 $131,700
2016 $2,370 $224,100 $119,000 $105,100
2015 $2,370 $224,100 $119,000 $105,100
2014 $2,450 $221,300 $119,000 $102,300
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Marc Olson Team

    RE/MAX

  • Bill Jennings

    Buyer's Agent in 2017

    Bill Jennings

    RE/MAX

    (515) 232-4663

    311 Total Sales

    Bill Jennings
    Section Image

  • c

    Buyer's Agent in 2017

    cia.rets.bjennings

    cia.rets.RETS_OFFICE

  • E

    Seller's Agent in 2013

    Emily Graeve

    RE/MAX at the National

  • C

    Seller Co-Listing Agent in 2013

    Carl Mcknight

    RE/MAX at the National

See All Agents

Map

Source: Central Iowa Board of REALTORS®

MLS Number: 46508

APN: 09-18-100-250

Iowa Story County Ames 50014

5198 240th St, Ames, IA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.