NOT LISTED FOR SALE

5600 Arrasmith Trail Ames, IA 50010

Estimated Value: $313,000 - $332,000

2 Beds
2 Baths
1,036 Sq Ft
$310/Sq Ft Est. Value

Last Sold April 11, 2024

Last sale price $315,000 $304 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,111/month

107 Days on Market

About This Home

As of April 2024

Dreaming of an acreage? This gem tucked in the woods has so much to offer that hobbyist looking for a little space to spread out.
Daily doses of wildlife cruise thru the yard. Enjoy the serenity of rural living but easy access to Ames!
Hardwood floors, Extra tall kitchen cabinets, stainless appliances, gas range and two wood burning fireplaces adorn this expandable living space! The possibilities are endless!
There are two official bedrooms but lots of extra unfinished bonus space just waiting for you to decide what to do with! A fully functioning Jacuzzi hot tub inside that could easily moved out if that was your desire.
There is a walk-up attic that could easily be finished into an owners suite! You'll also love the sunroom with so much natural light!
The morton building has so much room for all your hobbies with three overhead doors, one being oversized. The floor is extra thick with insulation to keep the floor dry. it is also plumbed for future finish. Then add another 4 car garage and two other storage sheds. You will have plenty of space to spread out! All this sits on just under an acre backing up to the woods.

Last Agent to Sell the Property

Sharon Johnson

RE/MAX REAL ESTATE CENTER Listed on: 10/18/2023

RE/MAX REAL ESTATE CENTER

Last Buyer's Agent

Nathan Heaberlin

Realty One Group Impact License #S57089

Realty One Group Impact

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Mar 28, 2024
Sold by
Perry Donald W and Perry Mary Ann
Bought by
Donald Matthew and Donald Kayla
Seller's Agent
Sharon Johnson
RE/MAX REAL ESTATE CENTER
Buyer's Agent
Nathan Heaberlin
Realty One Group Impact
List Price
$425,000
Sold Price
$315,000
Premium/Discount to List
-$110,000
-25.88%
Total Days on Market
107
Views
178
Current Estimated Value
$321,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,008
Avg. Annual Appreciation
1.64%
Original Mortgage
$315,000
Outstanding Balance
$311,763
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving
Estimated Equity
$9,245
Source: Public Records

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Range of Values:

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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
Donald Matthew $315,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donald Matthew $315,000
Previous Owner Perry Donald W $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2024 04/11/24 Sold $315,000 -9.7% $304 / Sq Ft
02/03/2024 02/03/24 Pending -- -- --
01/10/2024 01/10/24 Price Changed $349,000 -17.9% $337 / Sq Ft
10/18/2023 10/18/23 For Sale $425,000 -- $410 / 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 $3,788 $313,100 $163,900 $149,200
2023 $3,414 $326,200 $163,900 $162,300
2022 $3,394 $243,100 $117,000 $126,100
2021 $3,542 $243,100 $117,000 $126,100
2020 $3,596 $236,600 $110,500 $126,100
2019 $3,596 $233,800 $110,500 $123,300
2018 $3,214 $202,100 $88,000 $114,100
2017 $3,214 $202,100 $88,000 $114,100
2016 $2,686 $171,000 $71,300 $99,700
2015 $2,686 $171,000 $71,300 $99,700
2014 $2,642 $171,000 $71,300 $99,700
Source: Public Records

Agents Affiliated with this Home

  • Sharon Johnson

    Seller's Agent in 2024

    Sharon Johnson

    RE/MAX

    (515) 460-4851

    80 Total Sales

    Sharon Johnson
    Section Image

  • N

    Buyer's Agent in 2024

    Nathan Heaberlin

    Realty One Group Impact

    (515) 451-5278

    8 Total Sales

    Nathan Heaberlin
    Section Image
See All Agents

Map

Source: Central Iowa Board of REALTORS®

MLS Number: 63429

APN: 05-23-175-120

Iowa Story County Ames 50010

5600 Arrasmith Trail, Ames, IA

This home is located at 5600 Arrasmith Trail, Ames, IA 50010 since 18 October 2023 and is currently estimated at $321,008, approximately $309 per square foot. This property was built in 1948. 5600 Arrasmith Trail is a home located in Story County with nearby schools including Gilbert Elementary School, Gilbert Intermediate School, and Gilbert Middle School.

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