NOT LISTED FOR SALE

5621 Arrasmith Trail Ames, IA 50010

Estimated Value: $347,000 - $404,000

2 Beds
3 Baths
1,316 Sq Ft
$283/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $325,000 $247 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,451/month

6 Days on Market

About This Home

As of March 2023

This home is currently listed as a 'delayed showing'. Under no circumstances will any showings be allowed until 1/20/2023 at 9:00am. The Sellers will not accept any proposed purchase agreements/offers earlier than 9:00pm on the first showing date. All purchase agreements/offers will be reviewed by the Sellers at 4:00pm on 1/22/2023. New septic will be installed in Spring 2023. New windows. 24' x 32' insulated metal shed. Main floor kitchen has trash compactor.

Basement has walkout with a small entry room between inside and outside doors. Also basement has a kitchen with a gas stove, sink and refrigerator.

Last Agent to Sell the Property

Denny Thompson

FURMAN REALTY License #S24968 Listed on: 01/16/2023

Last Buyer's Agent

Brenda Pedigo-Weigel

Hunziker & Assoc.-Ames License #S39222

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2023
Closed on
Mar 16, 2023
Sold by
Schendel Philip C and Schendel Barbara A
Bought by
Joan Louise Gusewelle Revocable Living Trust
Seller's Agent
Denny Thompson
FURMAN REALTY
Buyer's Agent
Brenda Pedigo-Weigel
Hunziker & Assoc.-Ames
List Price
$394,900
Sold Price
$325,000
Premium/Discount to List
-$69,900
-17.7%
Total Days on Market
6
Views
83
Current Estimated Value
$372,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,742
Avg. Annual Appreciation
6.40%
Original Mortgage
$260,000
Outstanding Balance
$253,237
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$119,505

Purchase Details

Closed on
Jul 7, 2005
Sold by
Johnson Nigel J
Bought by
Schendel Philiph C and Schendel Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.89%
Mortgage Type
New Conventional
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
Joan Louise Gusewelle Revocable Living Trust $325,000 --
Schendel Philiph C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joan Louise Gusewelle Revocable Living Trust $260,000
Previous Owner Schendel Philip C $249,000
Previous Owner Schendel Philip $41,900
Previous Owner Schendel Phillip C $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2023 03/20/23 Sold $325,000 -17.7% $247 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/16/2023 01/16/23 For Sale $394,900 -- $300 / 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 $4,304 $341,000 $174,100 $166,900
2023 $3,504 $341,000 $174,100 $166,900
2022 $3,484 $249,200 $123,500 $125,700
2021 $3,634 $249,200 $123,500 $125,700
2020 $3,680 $242,400 $116,700 $125,700
2019 $3,680 $242,400 $116,700 $125,700
2018 $3,284 $209,600 $92,800 $116,800
2017 $3,284 $209,600 $92,800 $116,800
2016 $2,668 $173,200 $75,100 $98,100
2015 $2,668 $173,200 $75,100 $98,100
2014 $2,624 $173,200 $75,100 $98,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 61545

APN: 05-23-125-130