NOT LISTED FOR SALE

703 Grand Ave Unit Grand-1 Ames, IA 50010

Roosevelt Neighborhood

Estimated Value: $263,000 - $355,000

6 Beds
4 Baths
-- Sq Ft
0.3 Acres

Last Sold September 21, 2012

Last sale price $127,900

Est. 135% increase in value since last sale

Current estimated payment $1,955/month

141 Days on Market

Highlights

  • Fenced Yard
  • 2 Car Detached Garage
  • Carpet
  • Ames High School Rated A-
  • Window Unit Cooling System
  • 5-minute walk to Roosevelt Park

About This Home

As of September 2012

Great Tri-plex near ISU campus, downtown and hospital! Great rental history with numerous updates, including new landscaping, new roof and siding (2010). 4th apt in basement ($325/mo.) and 2 car garage currently used for storage, but could bring additional income. Selling ''as is''. No major problems. 3 units rented until 31 July 2013, at $1200/mo.but potential for over $1500 with basement rented.

Last Agent to Sell the Property

Gina McAndrews

CENTURY 21 SIGNATURE-Ames License #S597830 Listed on: 03/23/2012

CENTURY 21 SIGNATURE-Ames

Last Buyer's Agent

Gina McAndrews

CENTURY 21 SIGNATURE-Ames License #S597830 Listed on: 03/23/2012

CENTURY 21 SIGNATURE-Ames

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 0.3

Parking

  • 2 Car Detached Garage

Home Design

  • Brick Foundation

Flooring

  • Carpet
  • Laminate

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • Fenced Yard

Listing and Financial Details

  • Assessor Parcel Number 0903429050

Community Details

Overview

  • 4 Units
  • All Stay Association

Building Details

  • Gross Income $1,110

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Multi-Family
  • Lot Size: 12975
  • Architectural Style: 2 Story
  • Garage Yn: Yes
  • Year Built: 1890
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Laminate: Yes
  • Foundation:Brick2: Yes
  • Keywords:Architectural Style2: 2 Story
  • Features:Fenced Yard: Yes
  • Cooling:Window Unit(s): Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Carpet

Exterior Features

  • Construction Type: Steel
  • Foundation Details: Brick/Mortar

Garage/Parking

  • Keywords:Garage Capacity3: 2 Car
  • Keywords:Garage Type3: Detached
  • Keywords:Parking Spaces2: 6 - 10 Spaces

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Name: all stay

Schools

  • Junior High Dist: Ames

Lot Info

  • Parcel #: 0903429050
  • Zoning: UCRM

Rental Info

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

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 1110.0

Tax Info

  • Tax Annual Amount: 3853.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2018
Sold by
Kelly Daniel B and Kelly Danielle L
Bought by
Devrajani Angale M and Devrajani Clint C
Current Estimated Value
$301,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Outstanding Balance
$135,727
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$165,437

Purchase Details

Listed on
Mar 23, 2012
Closed on
Sep 19, 2012
Sold by
Hibbs Rodney
Bought by
Kelly Daniel B
Seller's Agent
Gina McAndrews
CENTURY 21 SIGNATURE-Ames
Buyer's Agent
Gina McAndrews
CENTURY 21 SIGNATURE-Ames
List Price
$134,900
Sold Price
$127,900
Premium/Discount to List
-$7,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Original Mortgage
$95,900
Interest Rate
3.59%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Devrajani Angale M $205,000 --
Kelly Daniel B $128,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Devrajani Angale M $153,750
Previous Owner Kelly Daniel B $95,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2012 09/21/12 Sold $127,900 -5.2% --
08/12/2012 08/12/12 Pending -- -- --
03/23/2012 03/23/12 For Sale $134,900 -- --
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 $4,306 $302,800 $64,900 $237,900
2024 $4,216 $296,900 $91,500 $205,400
2023 $3,944 $296,900 $91,500 $205,400
2022 $4,588 $234,400 $91,500 $142,900
2021 $4,782 $234,400 $91,500 $142,900
2020 $5,098 $227,200 $87,100 $140,100
2019 $5,098 $227,200 $87,100 $140,100
2018 $5,110 $206,600 $79,200 $127,400
2017 $5,110 $206,600 $79,200 $127,400
2016 $4,260 $156,000 $59,800 $96,200
2015 $4,260 $156,000 $59,800 $96,200
2014 $4,270 $147,200 $56,400 $90,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 35074

APN: 09-03-429-050