NOT LISTED FOR SALE

821 Wilson Ave Ames, IA 50010

Estimated Value: $204,000 - $267,000

4 Beds
2 Baths
1,452 Sq Ft
$156/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $158,000 $109 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,312/month

55 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Storage
  • Ames High School Rated A-
  • Laundry Room
  • 4-minute walk to Roosevelt Park

About This Home

As of March 2021

Uber cute remodeled main floor unit, upstairs built-in tenant who's been there for decades. New roof 2016 and updated hvac. Both access basement separately for laundry and storage. Easement at back of lot for parking. No need for a car when you are 3 block from downtown and the bus. main floor tenant lease goes through May - what an amazing opportunity to buy an owner occupied duplex. Cash flows over $400/mo.

Last Agent to Sell the Property

Nancy Marion

RE/MAX Concepts-Ames Listed on: 01/08/2021

RE/MAX Concepts-Ames

Last Buyer's Agent

OUTSIDE AGENT

OTHER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,232

Year Built

  • Built in 1920

Lot Details

  • 4,456

Home Design

  • Frame Construction

Interior Spaces

  • 1,452 Sq Ft Home
  • 2-Story Property
  • Storage
  • Laundry Room
  • 2 Kitchens

Additional Features

  • 4,456 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 0902300090

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $204
  • Gross Income $1,425

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,232

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Two Story
  • Lp Amt Sq Ft: 103.31
  • Sp Amt Sq Ft: 108.82
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Dishwashers: 1
  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Sq Ft Bsmt: 736
  • Kitchens: 2
  • Laundry: Yes
  • Storage: Yes
  • Living Area Sq Ft: 1452
  • Total Sq Ft: 1452

Exterior Features

  • Exterior: Frame
  • Foundation: Poured
  • Paved: No

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No
  • Manager: No

Fee Information

  • Total Expense: 204

Schools

  • School District: Ames

Lot Info

  • Acres: 0.1000
  • Lot S F: 4456
  • Assessor Parcel Number: 0902300090
  • Zoning: RM

Rental Info

  • Deposit: Yes
  • Furnished: No
  • Landlord Tenant Utilities: Electric Landlord, Gas Landlord, Insurance Landlord, Misc Exp Landlord, Water Landlord

Tax Info

  • Gross Taxes: 2232.00
  • Net Taxes: 2232.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Ames

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2021
Closed on
Mar 17, 2021
Sold by
Heiden Colton C and Heiden Jennifer M
Bought by
Williams Miles
Seller's Agent
Nancy Marion
RE/MAX Concepts-Ames
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$150,000
Sold Price
$158,000
Premium/Discount to List
$8,000
5.33%
Current Estimated Value
$197,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,919
Avg. Annual Appreciation
5.44%
Original Mortgage
$7,900
Outstanding Balance
$4,970
Interest Rate
2.45%
Mortgage Type
New Conventional
Estimated Equity
$194,199

Purchase Details

Listed on
Mar 5, 2014
Closed on
Apr 15, 2014
Sold by
Roberts Ronald A and Hickok Betsy
Bought by
Heiden Colton C and Heiden Jennifer M
Seller's Agent
Nancy Marion
Friedrich Iowa Realty
Buyer's Agent
Nancy Marion
Friedrich Iowa Realty
List Price
$130,000
Sold Price
$131,000
Premium/Discount to List
$1,000
0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.74%
Original Mortgage
$98,250
Interest Rate
4.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Williams Miles $158,000 None Available
Heiden Colton C $131,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Miles $7,900
Closed Williams Miles $7,900
Open Williams Miles $142,200
Previous Owner Heiden Colton C $98,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $158,000 +5.3% $109 / Sq Ft
03/04/2021 03/04/21 Pending -- -- --
01/08/2021 01/08/21 For Sale $150,000 +14.5% $103 / Sq Ft
04/21/2014 04/21/14 Sold $131,000 +0.8% $90 / Sq Ft
03/05/2014 03/05/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $130,000 -- $90 / Sq Ft
Source: Des Moines Area Association 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
2024 $2,748 $203,900 $32,800 $171,100
2023 $2,060 $203,900 $32,800 $171,100
2022 $2,034 $131,300 $32,800 $98,500
2021 $2,264 $131,300 $32,800 $98,500
2020 $2,232 $128,700 $32,200 $96,500
2019 $2,232 $128,700 $32,200 $96,500
2018 $2,248 $128,700 $32,200 $96,500
2017 $2,248 $128,700 $32,200 $96,500
2016 $2,056 $116,800 $25,700 $91,100
2015 $2,056 $116,800 $25,700 $91,100
2014 $2,098 $116,800 $25,700 $91,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 620383

Des Moines Area Association of REALTORS®

APN: 09-02-300-090