NOT LISTED FOR SALE

814 Douglas Ave Ames, IA 50010

Historic Old Town Neighborhood

Estimated Value: $400,472 - $424,000

4 Beds
2 Baths
1,886 Sq Ft
$218/Sq Ft Est. Value

Sale Details

Date Sold: August 1, 2023

Last sale price $400,000 $212 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,760 / mo

29 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Carpet
  • 4 Car Detached Garage

About This Home

As of August 2023

Solid investment property with a great location. First duplex was built in 1900, and the duplex behind was built in 1973. Each unit has 2 bed/1 bath, with separate furnaces and A/C units. Landlord pays for water, garbage, and internet.

814: $895/mo
816: $905/mo
818: $900/mo
820: $900/mo

Last Agent to Sell the Property

Mark Greenfield

RE/MAX REAL ESTATE CENTER License #B33703 Listed on: 05/30/2023

Co-Listed By

Hannah Moen

Re/Max Precision Ankeny Uptown License #S70828000

Last Buyer's Agent

Michael Mogard

Friedrich Realty License #S697680

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,468

Year Built

  • Built in 1900

Parking

  • 4 Car Detached Garage
  • Carport

Home Design

  • Quadruplex
  • Stone Foundation
  • Slab Foundation
  • Shingle Siding

Interior Spaces

  • 1,886 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Basement Fills Entire Space Under The House

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 09-02-327-130

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • Operating Expense $18,988
  • Gross Income $43,200
  • Net Operating Income $24,212

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,468

Year Built

Built in 1900

Lot Details

0 Sq Ft Lot

Parking

4

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Multi-Family
  • Lot Size: 10800
  • Co List Office Mls Id: 5156198150
  • Co List Office Phone: 515-223-9492
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built: 1900
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Foundation:Stone2: Yes
  • Foundation:Slab: Yes
  • Features:Cable TV: Yes
  • Annual Expenses: 18988.0
  • Income Expenses Net Income: 24212.0
  • Levels:Two2: Yes
  • Special Features: None

Interior Features

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

Exterior Features

  • Construction Type: Shingle Siding, Other
  • Foundation Details: Slab, Stone
  • Exterior: Shingle Siding: Yes

Garage/Parking

  • Garage Spaces: 4.0
  • Keywords:Garage Type3: Detached
  • Keywords:Parking Spaces2: 1 - 5 Spaces
  • Garage Type:Carport: Yes

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

  • Parcel #: 09-02-327-130
  • Zoning: residential

Rental Info

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

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 43200.0
  • Property Net Operating Income: 24212.0
  • Annual Operating Expense: 18988.0

Tax Info

  • Tax Annual Amount: 6468.0

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
May 30, 2023
Closed on
Jul 24, 2023
Sold by
Bought by
Seller's Agent
Mark Greenfield
RE/MAX REAL ESTATE CENTER
Buyer's Agent
Michael Mogard
Friedrich Realty
List Price
$425,000
Sold Price
$400,000
Premium/Discount to List
-$25,000
-5.88%
Views
60
Current Estimated Value
$410,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,368
Avg. Annual Appreciation
0.89%
Original Mortgage
$300,000
Outstanding Balance
$271,498
Interest Rate
6.03%
Mortgage Type
New Conventional
Estimated Equity
$138,870

Purchase Details

Closed on
Jul 10, 2020
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

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
$400,000 None Listed On Document
-- 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 $300,000
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
08/01/2023 08/01/23 Sold $400,000 -5.9% $212 / Sq Ft
06/08/2023 06/08/23 Pending -- -- --
05/30/2023 05/30/23 For Sale $425,000 0.0% $225 / Sq Ft
05/22/2023 05/22/23 Pending -- -- --
05/09/2023 05/09/23 For Sale $425,000 -- $225 / 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 $6,510 $430,500 $54,000 $376,500
2024 $6,374 $448,800 $82,600 $366,200
2023 $5,560 $448,800 $82,600 $366,200
2022 $6,468 $330,500 $82,600 $247,900
2021 $7,320 $330,500 $82,600 $247,900
2020 $7,800 $347,700 $112,200 $235,500
2019 $7,800 $347,700 $112,200 $235,500
2018 $7,818 $316,100 $102,000 $214,100
2017 $7,818 $316,100 $102,000 $214,100
2016 $6,518 $238,700 $77,000 $161,700
2015 $6,518 $238,700 $77,000 $161,700
2014 $6,530 $225,100 $72,600 $152,500
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

  • M

    Buyer's Agent in 2023

    Michael Mogard

    Friedrich Realty

    (641) 691-1275

    2 in this area

    92 Total Sales

    Michael Mogard
    Section Image
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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 62261

APN: 09-02-327-130

Iowa Story County Ames 50010 Historic Old Town

814 Douglas Ave, Ames, IA

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