NOT LISTED FOR SALE

703 Grand Ave Ames, IA 50010

Roosevelt Neighborhood

Estimated Value: $266,000 - $318,000

6 Beds
4 Baths
2,284 Sq Ft
$129/Sq Ft Est. Value

Sale Details

Date Sold: December 13, 2018

Last sale price $205,000 $90 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,969 / mo

132 Days on Market

Highlights

  • Wood Flooring
  • 3 Car Detached Garage
  • 5-minute walk to Roosevelt Park
  • Fenced Yard
  • Forced Air Heating System

About This Home

As of December 2018

Terrific solid updated 4 plex right in the center of Ames close to parks, shopping, hospital, and Iowa State University!! Three 2 bedroom 1 bathroom units and one efficiency. Three units rented until 30 July 2018, and the 4th could easily be rented unless the buyer wants to live there! Steel roof and siding, and current rental certificate until 2020!

Last Agent to Sell the Property

Gina McAndrews

CENTURY 21 SIGNATURE-Ames License #S597830 Listed on: 07/02/2018

CENTURY 21 SIGNATURE-Ames

Last Buyer's Agent

Gina McAndrews

CENTURY 21 SIGNATURE-Ames License #S597830 Listed on: 07/02/2018

CENTURY 21 SIGNATURE-Ames

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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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,072

Year Built

  • Built in 1890

Lot Details

  • Fenced Yard

Parking

  • 3 Car Detached Garage

Home Design

  • Quadruplex

Interior Spaces

  • 2,284 Sq Ft Home
  • Multi-Level Property
  • Walk-Out Basement

Flooring

  • Wood
  • Carpet
  • Laminate

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 09-03-429-050

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $9,840
  • Net Operating Income $30,840

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,072

Year Built

Built in 1890

Lot Details

0.3 Acres

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Multi-Family
  • Lot Size: 12975
  • Architectural Style: Multi-Level
  • Garage Yn: Yes
  • Year Built: 1890
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Laminate: Yes
  • Floor:Hardwood: Yes
  • Basement Walkout: Yes
  • Keywords:Architectural Style2: Multi-Level
  • Annual Expenses: 9840.0
  • Income Expenses Net Income: 30840.0
  • Features:Fenced Yard: Yes
  • Cooling:Wall Unit(s): Yes
  • Special Features: None

Interior Features

  • Has Basement: Walkout
  • Flooring: Laminate, Hardwood, Carpet

Exterior Features

  • Construction Type: Steel

Garage/Parking

  • Keywords:Garage Capacity3: 3
  • Keywords:Garage Type3: Detached
  • Keywords:Parking Spaces2: 6 - 10 Spaces

Utilities

  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: Ames

Lot Info

  • Parcel #: 09-03-429-050
  • Zoning: UCRM

Rental Info

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

Multi Family

  • Number Of Units Total: 4
  • Property Net Operating Income: 30840.0
  • Annual Operating Expense: 9840.0

Tax Info

  • Tax Annual Amount: 4072.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2018
Closed on
Dec 8, 2018
Sold by
Kelly Daniel B and Kelly Danielle L
Bought by
Seller's Agent
Gina McAndrews
CENTURY 21 SIGNATURE-Ames
Buyer's Agent
Gina McAndrews
CENTURY 21 SIGNATURE-Ames
List Price
$235,000
Sold Price
$205,000
Premium/Discount to List
-$30,000
-12.77%
Current Estimated Value
$293,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,899
Avg. Annual Appreciation
4.77%
Original Mortgage
$153,750
Outstanding Balance
$133,061
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$160,838

Purchase Details

Closed on
Sep 19, 2012
Sold by
Hibbs Rodney
Bought by
Kelly Daniel B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,900
Interest Rate
3.66%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Roosevelt, IA

  • James Horstman Real Estate Agent - Hunziker & Associates, Inc.

    James Horstman

    Hunziker & Associates, Inc.

    (515) 305-3017

    167 Total Sales

    4 in Roosevelt

    $155K - $294K Price Range

    James Horstman
     Section Image
  • Jason Jennings Real Estate Agent - Friedrich Realty

    Jason Jennings

    Friedrich Realty

    (515) 715-4807

    138 Total Sales

    1 in Roosevelt

    $207,000 Price

    Jason Jennings
     Section Image
  • Roger Wheeler Real Estate Agent - CENTURY 21 SIGNATURE-Ames

    Roger Wheeler

    CENTURY 21 SIGNATURE-Ames

    (515) 461-6831

    327 Total Sales

    2 in Roosevelt

    $220,000 Price Range

    Roger Wheeler
     Section Image
  • Kyle Olson Real Estate Agent - EXIT Country Realty

    Kyle Olson

    EXIT Country Realty

    (515) 417-1560

    130 Total Sales

    1 in Roosevelt

    $231,500 Price

    Kyle Olson
     Section Image
  • Sarah Laaser-Webb Real Estate Agent - RE/MAX Real Estate Center

    Sarah Laaser-Webb

    RE/MAX Real Estate Center

    (515) 686-6907

    138 Total Sales

    8 in Roosevelt

    $170K - $283K Price Range

    Sarah Laaser-Webb
     Section Image
  • Paul Livingston Real Estate Agent - Hunziker & Associates, Inc.

    Paul Livingston

    Hunziker & Associates, Inc.

    (515) 715-4757

    100 Total Sales

    1 in Roosevelt

    $170,000 Price

    Paul Livingston
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$205,000 --
Kelly Daniel B $128,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/13/2018 12/13/18 Sold $205,000 -12.8% $90 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
07/02/2018 07/02/18 For Sale $235,000 -- $103 / Sq Ft
Source: Central Iowa Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,164 $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

  • Gina McAndrews Real Estate Agent - CENTURY 21 SIGNATURE-Ames

    Seller's Agent in 2018

    Gina McAndrews

    CENTURY 21 SIGNATURE-Ames

    (970) 302-2560

    9 in this area

    166 Total Sales

    Gina McAndrews
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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 49852

APN: 09-03-429-050

Iowa Story County Ames 50010 Roosevelt

703 Grand Ave, Ames, IA

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