NOT LISTED FOR SALE

726 Carroll Ave Ames, IA 50010

Brandshell Neighborhood

Estimated Value: $223,000 - $323,000

4 Beds
4 Baths
2,092 Sq Ft
$119/Sq Ft Est. Value

Last Sold September 18, 2023

Last sale price $213,000 $102 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,650/month

54 Days on Market

Highlights

  • No HOA
  • Hot Water Heating System
  • 4-minute walk to Old Towne Park
  • Window Unit Cooling System
  • Carpet

About This Home

As of September 2023

Great investment property located in the heart of Ames. It has been well maintained, with the roof and heating system replaced within the last 10 years. Metronet internet contract in place for 3 more years @$25/unit/ month that is included with the sale.

Last Agent to Sell the Property

Mark Greenfield

RE/MAX REAL ESTATE CENTER License #B33703 Listed on: 05/05/2023

Co-Listed By

Hannah Moen

Re/Max Precision Ankeny Uptown License #S70828000

Last Buyer's Agent

Luanne Myers

LPT Realty, LLC License #S0209589

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,266

Year Built

  • Built in 1880

Home Design

  • Quadruplex
  • Block Foundation

Interior Spaces

  • 2,092 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 09-02-402-210

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Gross Income $27,600
  • Net Operating Income $13,334

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,266

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Multi-Family
  • Lot Size: 11340
  • Co List Office Mls Id: 5156198150
  • Co List Office Phone: 515-223-9492
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1880
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Foundation:Concrete Block: Yes
  • Features:Cable TV: Yes
  • Income Expenses Net Income: 13334.0
  • Cooling:Window Unit(s): Yes
  • Special Features: None

Interior Features

  • Has Basement: Full
  • Flooring: Carpet
  • Basement:Full2: Yes

Exterior Features

  • Construction Type: Other
  • Foundation Details: Block

Garage/Parking

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

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • 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 #: 09-02-402-210
  • Zoning: residential

Rental Info

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

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 27600.0
  • Property Net Operating Income: 13334.0

Tax Info

  • Tax Annual Amount: 3266.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Sep 18, 2023
Sold by
Galyon Alexander P and Galyon Carol J
Bought by
Linnstaedt Andrew
Seller's Agent
Mark Greenfield
RE/MAX REAL ESTATE CENTER
Buyer's Agent
Luanne Myers
LPT Realty, LLC
List Price
$275,000
Sold Price
$213,000
Premium/Discount to List
-$62,000
-22.55%
Views
126
Current Estimated Value
$249,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,663
Avg. Annual Appreciation
6.93%
Original Mortgage
$208,058
Outstanding Balance
$203,752
Interest Rate
7.09%
Mortgage Type
FHA
Estimated Equity
$45,911

Purchase Details

Closed on
Jul 10, 2020
Sold by
Galyon Alexander P and Galyon Linda R
Bought by
Galyon Alexander P
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
Linnstaedt Andrew $213,000 None Listed On Document
Galyon Alexander P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Linnstaedt Andrew $208,058
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2023 09/18/23 Sold $213,000 -14.8% $102 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
05/17/2023 05/17/23 Price Changed $250,000 -9.1% $120 / Sq Ft
05/05/2023 05/05/23 For Sale $275,000 -- $131 / 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 $4,248 $223,200 $56,700 $166,500
2024 $4,160 $292,900 $121,100 $171,800
2023 $2,808 $292,900 $121,100 $171,800
2022 $3,266 $166,900 $121,100 $45,800
2021 $3,372 $166,900 $121,100 $45,800
2020 $3,594 $160,200 $115,300 $44,900
2019 $3,594 $160,200 $115,300 $44,900
2018 $3,600 $145,600 $104,800 $40,800
2017 $3,600 $145,600 $104,800 $40,800
2016 $3,000 $109,900 $79,100 $30,800
2015 $3,000 $109,900 $79,100 $30,800
2014 $3,008 $103,700 $74,600 $29,100
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mark Greenfield

    RE/MAX

  • H

    Seller Co-Listing Agent in 2023

    Hannah Moen

    RE/MAX

    Section Image

  • L

    Buyer's Agent in 2023

    Luanne Myers

    LPT Realty, LLC

    Section Image
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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 62246

APN: 09-02-402-210

Iowa Story County Ames 50010 Brandshell

726 Carroll Ave, Ames, IA

Not Listed for Sale

MultiFamily

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