NOT LISTED FOR SALE

5414 505th Ave Ames, IA 50014

Estimated Value: $552,000 - $694,000

5 Beds
3 Baths
1,833 Sq Ft
$354/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $512,000 $279 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,100/month

7 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • 3 Car Attached Garage
  • Gilbert Elementary School Rated A
  • Porch
  • Wet Bar

About This Home

As of June 2020

Like NEW, spacious ranch on a 1 acre lot located in the Gilbert School District. Excellent home for hosting and entertaining guests in Cameron Estates. Easy access to main roads leading to Hwy 30 and all the shopping and dining options a family could crave! This home is smart in design, open in plan, timeless in decor, and has super quality of construction and materials. Natural light, gourmet chef kitchen layout with huge island, awesome fireplace feature wall, kitchenette in lower level family room, upscale fixtures, extra-large oversized 3 car garage and a fantastic covered deck are only a few examples of luxury in this home.

Last Agent to Sell the Property

Kelsey Bolte-Carper

Friedrich Iowa Realty License #S63060 Listed on: 04/24/2020

Last Buyer's Agent

Paul Livingston

Hunziker & Assoc.-Ames License #B40125

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,542

Year Built

  • Built in 2016

Lot Details

  • 1 Acre Lot
  • Level Lot

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Block Foundation
  • Vinyl Construction Material
  • Stone

Interior Spaces

  • 1,833 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck
  • Porch

Utilities

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

Community Details

  • Built by NW Construction

Listing and Financial Details

  • Assessor Parcel Number 05-19-210-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,542

Year Built

Built in 2016

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.0
  • Road Surface Type: Gravel
  • Above Grade Finished Sq Ft: 1833.0
  • Architectural Style: 1 Story
  • Garage Yn: Yes
  • Year Built: 2016
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Tile2: Yes
  • Features:Main Floor Laundry2: Yes
  • Features:Sump Pump2: Yes
  • Features:Deck-Wood: Yes
  • Exterior:Stone: Yes
  • Exterior:Vinyl: Yes
  • Features:Ceiling Fan(s): Yes
  • Terrain:Level: Yes
  • Floor:Hardwood: Yes
  • Foundation:Concrete Block: Yes
  • Features:Wet Bar2: Yes
  • Water:Rural: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Has Basement: Full, Sump Pump
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1500.0
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Wet Bar, Ceiling Fan(s)
  • Window Features: Window Treatments
  • Basement:Full2: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Fireplace:Gas9: Yes
  • Features:Main Floor Bedroom: Yes

Exterior Features

  • Lot Features: Level
  • Builder Name: NW Construction
  • Construction Type: Vinyl, Stone
  • Foundation Details: Block, Tile
  • Patio And Porch Features: Deck-Wood, Porch - Open
  • Features:Window Treatment(s): Yes
  • Features:Porch - Open: Yes

Garage/Parking

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

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Rural
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes
  • Sewer Septic: Yes

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association: Yes

Association/Amenities

  • General Information:Association Fee: 500.0
  • General Information:Association Fee Per: Yearly

Schools

  • Junior High Dist: Gilbert

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 05-19-210-040
  • Zoning: Residential
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 13, 2021
Sold by
Riesselman Michelle A
Bought by
Riesselman Nicholas G
Current Estimated Value
$648,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,000
Outstanding Balance
$354,380
Interest Rate
2.88%
Estimated Equity
$294,373

Purchase Details

Closed on
Apr 20, 2020
Sold by
Thompson Jeremy D and Thompson Lindsey R
Bought by
Riesselman Nicholas G and Riesselman Michelle A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$409,600
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2016
Sold by
Cameron Farms Llc
Bought by
Thompson Jeremy D
Source: Public Records

Range of Values:

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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
Riesselman Nicholas G -- None Available
Riesselman Nicholas G $512,000 None Available
Riesselman Nicholas G $512,000 None Available
Thompson Jeremy D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riesselman Nicholas G $389,000
Previous Owner Riesselman Nicholas G $409,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2020 06/29/20 Sold $512,000 +0.4% $279 / Sq Ft
05/02/2020 05/02/20 Pending -- -- --
04/24/2020 04/24/20 For Sale $510,000 -- $278 / 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 $7,542 $603,800 $113,300 $490,500
2024 $7,116 $574,300 $106,900 $467,400
2023 $7,198 $574,300 $106,900 $467,400
2022 $7,156 $486,600 $104,500 $382,100
2021 $6,568 $486,600 $104,500 $382,100
2020 $6,518 $416,700 $104,500 $312,200
2019 $6,518 $416,700 $104,500 $312,200
2018 $6,658 $409,300 $110,000 $299,300
2017 $6,658 $409,300 $110,000 $299,300
2016 $42 $2,500 $2,500 $0
2015 $42 $2,500 $2,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 54617

APN: 05-19-210-040