NOT LISTED FOR SALE

718 Clark Ave Unit 101 Ames, IA 50010

Historic Old Town Neighborhood

Estimated Value: $218,000 - $289,780

-- Bed
2 Baths
2,160 Sq Ft
$116/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $165,000 $76 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,547/month

14 Days on Market

Highlights

  • Wood Flooring
  • 1 Car Detached Garage
  • Property near a hospital
  • No HOA
  • Window Unit Cooling System
  • Hot Water Heating System

About This Home

As of April 2023

Great investment opportunity located in central Ames! New LOC being finalized with all repair request and is in the process of being completed. New boiler system 3- 4 years ago.

Last Agent to Sell the Property

Steve Bock

RE/MAX REAL ESTATE CENTER Listed on: 03/13/2023

RE/MAX REAL ESTATE CENTER

Last Buyer's Agent

Daniel Wandling

RE/MAX Real Estate Center

RE/MAX Real Estate Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,227

Year Built

  • Built in 1920

Lot Details

  • 9,583

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Brick Foundation

Interior Spaces

  • 2,160 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

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

Additional Features

  • Lot Dimensions are 60 x 160
  • Property near a hospital

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 09-02-305-100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,227

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Multi-Family
  • Lot Size: 60 x 160
  • Architectural Style: 2 Story
  • Garage Yn: Yes
  • Year Built: 1920
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Vinyl2: Yes
  • Foundation:Brick2: Yes
  • Floor:Hardwood: Yes
  • Keywords:Architectural Style2: 2 Story
  • Features:Hospital: Yes
  • Cooling:Window Unit(s): Yes
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Flooring: Vinyl, Hardwood, Carpet
  • Basement:Full2: Yes

Exterior Features

  • Construction Type: Wood
  • Foundation Details: Tile, Brick/Mortar

Garage/Parking

  • Keywords:Garage Capacity3: 1 Car
  • Keywords:Garage Type3: Detached
  • Keywords:Parking Spaces2: 1 - 5 Spaces

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Information:Homeowners Association (HOA): No

Schools

  • Junior High Dist: Ames

Lot Info

  • Parcel #: 09-02-305-100
  • Zoning: RM

Rental Info

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

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2226.91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2007
Sold by
Hatfield David D
Bought by
Nelsen James S
Current Estimated Value
$251,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$84,412
Interest Rate
6.28%
Mortgage Type
Construction
Estimated Equity
$167,033
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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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
Nelsen James S $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelsen James S $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2023 04/07/23 Sold $165,000 -10.8% $76 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $185,000 -- $86 / 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 $2,810 $276,900 $48,000 $228,900
2024 $2,750 $193,700 $33,500 $160,200
2023 $2,254 $193,700 $33,500 $160,200
2022 $2,226 $134,000 $33,500 $100,500
2021 $2,312 $134,000 $33,500 $100,500
2020 $2,278 $131,400 $38,000 $93,400
2019 $2,278 $131,400 $38,000 $93,400
2018 $2,296 $131,400 $38,000 $93,400
2017 $2,296 $131,400 $38,000 $93,400
2016 $2,314 $131,400 $38,000 $93,400
2015 $2,314 $131,400 $38,000 $93,400
2014 $2,360 $131,400 $38,000 $93,400
Source: Public Records

Agents Affiliated with this Home

  • Steve Bock

    Seller's Agent in 2023

    Steve Bock

    RE/MAX

    (515) 231-1899

    6 in this area

    219 Total Sales

    Steve Bock
    Section Image
  • Daniel Wandling

    Buyer's Agent in 2023

    Daniel Wandling

    RE/MAX

    (515) 451-3702

    1 in this area

    98 Total Sales

    Daniel Wandling
    Section Image
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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 61844

APN: 09-02-305-100

Iowa Story County Ames 50010 Historic Old Town

718 Clark Ave Unit 101, Ames, IA

Not Listed for Sale

MultiFamily

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