NOT LISTED FOR SALE

601 E 13th St Ames, IA 50010

Estimated Value: $217,000 - $255,000

4 Beds
3 Baths
1,096 Sq Ft
$213/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $215,000 $196 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,439/month

179 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Siding
  • 1-Story Property
  • Central Vacuum
  • Carpet

About This Home

As of June 2024

Ideally priced, turnkey investment property with $1,720/month in rent. Upstairs is a 3 bedroom/1 bath unit, downstairs is a 1 bedroom/1 bath unit. Stable rent history and centrally located close to downtown Ames and I-35. Schedule your showing today!

Last Agent to Sell the Property

Tony McFarland

Friedrich Iowa Realty License #S62628 Listed on: 09/15/2023

Last Buyer's Agent

Member Non

CENTRAL IOWA BOARD OF REALTORS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,515

Year Built

  • Built in 1962

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 70 x 100

Home Design

  • Duplex
  • Block Foundation
  • Wood Siding

Interior Spaces

  • 1,096 Sq Ft Home
  • 1-Story Property
  • Central Vacuum

Flooring

  • Carpet
  • Vinyl

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

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

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Gross Income $20,640

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,515

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.16
  • Lot Size: 70 x 100
  • Garage Yn: No
  • Unit Levels: One
  • Year Built: 1962
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Vinyl2: Yes
  • Foundation:Concrete Block: Yes
  • Special Features: None

Interior Features

  • Has Basement: Walk-Out Access, Full
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Central Vacuum
  • Basement:Full2: Yes

Exterior Features

  • Construction Type: Wood Siding
  • Foundation Details: Block

Garage/Parking

  • Keywords:Garage Type3: None
  • Keywords:Parking Spaces2: 1 - 5 Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Information:Homeowners Association (HOA): No

Schools

  • Junior High Dist: Ames

Lot Info

  • Lot Size Sq Ft: 7000.0
  • Zoning: RL

Rental Info

  • Who Pays Trash: Tenant
  • Who Pays Water: Landlord

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 20640.0

Tax Info

  • Tax Annual Amount: 2515.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Jun 28, 2024
Sold by
Stone Bennett L and Schlosser Zoe
Bought by
Reiland Jackson T
Seller's Agent
Tony McFarland
Friedrich Iowa Realty
Buyer's Agent
Member Non
CENTRAL IOWA BOARD OF REALTORS
List Price
$219,900
Sold Price
$215,000
Premium/Discount to List
-$4,900
-2.23%
Views
277
Current Estimated Value
$233,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,038
Avg. Annual Appreciation
5.44%
Original Mortgage
$211,105
Outstanding Balance
$208,411
Interest Rate
7.02%
Mortgage Type
FHA
Estimated Equity
$24,627

Purchase Details

Listed on
May 10, 2016
Closed on
Jun 16, 2016
Sold by
Joanna Steven Matthew and Joanna Steven
Bought by
Stone Bennet L
Seller's Agent
Tom Randall
TOM RANDALL REAL ESTATE TEAM, L.L.C.
Buyer's Agent
Gale Gehling
Keller Williams Ames
List Price
$145,000
Sold Price
$150,000
Premium/Discount to List
$5,000
3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$112,500
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2010
Sold by
Hebner Elvin A
Bought by
Steven Matthew and Steven Joanna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Reiland Jackson T $215,000 None Listed On Document
Stone Bennet L -- None Available
Steven Matthew $108,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reiland Jackson T $211,105
Previous Owner Stone Bennet L $112,500
Previous Owner Steven Matthew $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2024 06/28/24 Sold $215,000 -2.2% $196 / Sq Ft
03/13/2024 03/13/24 Pending -- -- --
09/15/2023 09/15/23 For Sale $219,900 +46.6% $201 / Sq Ft
06/20/2016 06/20/16 Sold $150,000 +3.4% $137 / Sq Ft View Prior Sale
05/16/2016 05/16/16 Pending -- -- --
05/10/2016 05/10/16 For Sale $145,000 -- $132 / 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 $2,638 $220,900 $38,500 $182,400
2024 $2,728 $192,100 $37,400 $154,700
2023 $2,516 $192,100 $37,400 $154,700
2022 $2,484 $149,500 $37,400 $112,100
2021 $2,580 $149,500 $37,400 $112,100
2020 $2,542 $146,600 $36,700 $109,900
2019 $2,542 $146,600 $36,700 $109,900
2018 $2,560 $146,600 $36,700 $109,900
2017 $2,560 $146,600 $36,700 $109,900
2016 $2,316 $131,500 $32,100 $99,400
2015 $2,316 $131,500 $32,100 $99,400
2014 $2,208 $122,900 $30,000 $92,900
Source: Public Records

Agents Affiliated with this Home

  • Tony McFarland

    Seller's Agent in 2024

    Tony McFarland

    Friedrich Iowa Realty

    (712) 333-4516

    291 Total Sales

    Tony McFarland
    Section Image

  • M

    Buyer's Agent in 2024

    Member Non

    CENTRAL IOWA BOARD OF REALTORS

  • T

    Seller's Agent in 2016

    Tom Randall

    TOM RANDALL REAL ESTATE TEAM, L.L.C.

  • G

    Buyer's Agent in 2016

    Gale Gehling

    Keller Williams Ames

    (515) 460-0253

    228 Total Sales

    Gale Gehling
    Section Image
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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 63199

APN: 05-35-478-100

Iowa Story County Ames 50010

601 E 13th St, Ames, IA

Not Listed for Sale

MultiFamily

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