NOT LISTED FOR SALE

821 Wilson Ave Ames, IA 50010

Historic Old Town Neighborhood

Estimated Value: $172,000 - $230,711

Studio
2 Baths
1,452 Sq Ft
$134/Sq Ft Est. Value

Last Sold March 26, 2021

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

Est. 23% increase in value since last sale

Current estimated payment $1,258/month

2 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • 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 License #B36396 Listed on: 01/08/2021

RE/MAX Concepts-Ames

Last Buyer's Agent

Jayce Schorn-Pedro

RE/MAX REAL ESTATE CENTER License #S67399

RE/MAX REAL ESTATE CENTER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,232

Year Built

  • Built in 1920

Lot Details

  • 4,456 Sq Ft Lot

Home Design

  • Duplex
  • Poured Concrete

Interior Spaces

  • 1,452 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $1,221
  • Gross Income $1,425
  • Net Operating Income $204

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,232

Year Built

Built in 1920

Lot Details

4,456 Sq Ft Lot

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.1
  • Lot Size: .
  • Garage Yn: No
  • Unit Levels: Two
  • Year Built: 1920
  • Foundation:Poured: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Hardwood: Yes
  • Annual Expenses: 1221.0
  • Income Expenses Net Income: 204.0
  • Special Features: None

Interior Features

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

Exterior Features

  • Foundation Details: Poured

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • 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

  • Lot Size Sq Ft: 4456.0
  • Zoning: RM

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 1425.0
  • Property Net Operating Income: 204.0
  • Annual Operating Expense: 1221.0

Tax Info

  • Tax Annual Amount: 2232.0

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
Jayce Schorn-Pedro
RE/MAX REAL ESTATE CENTER
List Price
$150,000
Sold Price
$158,000
Premium/Discount to List
$8,000
5.33%
Current Estimated Value
$194,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,678
Avg. Annual Appreciation
4.26%
Original Mortgage
$7,900
Outstanding Balance
$4,648
Interest Rate
2.45%
Mortgage Type
New Conventional
Estimated Equity
$190,030

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 Realty
Buyer's Agent
Nancy Marion
Friedrich 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:

--
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

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
Open Williams Miles $142,200
Previous Owner Heiden Colton C $98,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2021 03/26/21 Sold $158,000 +5.3% $109 / Sq Ft
01/11/2021 01/11/21 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 View Prior Sale
03/05/2014 03/05/14 Pending -- -- --
03/05/2014 03/05/14 For Sale $130,000 -- $90 / Sq Ft
Source: Central Iowa Board of REALTORS®

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 $183,400 $22,200 $161,200
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

  • Nancy Marion

    Seller's Agent in 2021

    Nancy Marion

    RE/MAX

    (515) 291-6359

    2 in this area

    145 Total Sales

    Nancy Marion
    Section Image
  • Jayce Schorn-Pedro

    Buyer's Agent in 2021

    Jayce Schorn-Pedro

    RE/MAX

    (515) 451-0347

    2 in this area

    197 Total Sales

    Jayce Schorn-Pedro
    Section Image
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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 56578

APN: 09-02-300-090

Iowa Story County Ames 50010 Historic Old Town

821 Wilson Ave, Ames, IA

Not Listed for Sale

MultiFamily

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