NOT LISTED FOR SALE

905 Kellogg Ave Ames, IA 50010

Historic Old Town Neighborhood

Estimated Value: $240,000 - $374,000

4 Beds
2 Baths
1,920 Sq Ft
$146/Sq Ft Est. Value

Last Sold March 01, 2012

Last sale price $120,000 $62 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,785/month

154 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Carpet
  • Property is near a bus stop

About This Home

As of March 2012

January 2012 2 new 92% efficient furnaces installed.

Last Agent to Sell the Property

Dan Craig

Hunziker & Assoc.-Ames Listed on: 08/17/2011

Last Buyer's Agent

Michelle Holdredge

Hunziker & Assoc.-Ames License #S37125

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,114

Year Built

  • Built in 1937

Lot Details

  • 7,579

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Brick Foundation

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Location

  • Property is near a bus stop

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 0902134070

Community Details

Overview

  • 2 Units
  • 2 Stoves, 2 Refrig. Association

Building Details

  • Operating Expense $1,920
  • Gross Income $14,880
  • Net Operating Income $12,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,114

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Multi-Family
  • Lot Size: 7596
  • Architectural Style: 2 Story
  • Garage Yn: Yes
  • Year Built: 1937
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Vinyl2: Yes
  • Foundation:Brick2: Yes
  • Keywords:Architectural Style2: 2 Story
  • Annual Expenses: 1920.0
  • Income Expenses Net Income: 12960.0
  • Features:Bus: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Carpet

Exterior Features

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

Garage/Parking

  • Keywords:Garage Capacity3: 2 Car
  • Keywords:Garage Type3: Detached
  • Keywords:Parking Spaces2: 1 - 5 Spaces

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 Name: 2 stoves, 2 refrig.

Schools

  • Junior High Dist: Ames

Lot Info

  • Parcel #: 0902134070
  • Zoning: RM

Rental Info

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

Multi Family

  • Number Of Units Total: 2
  • Annual Gross Income: 14880.0
  • Property Net Operating Income: 12960.0
  • Annual Operating Expense: 1920.0

Tax Info

  • Tax Annual Amount: 2114.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2011
Closed on
Feb 17, 2012
Sold by
Maurer Mary Anne and Smith Stephen M
Bought by
Jorgensen Jeff A and Jorgensen Cynthia J
Seller's Agent
Dan Craig
Hunziker & Assoc.-Ames
Buyer's Agent
Michelle Holdredge
Hunziker & Assoc.-Ames
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%
Current Estimated Value
$279,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,698
Avg. Annual Appreciation
6.31%
Original Mortgage
$90,000
Outstanding Balance
$10,912
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$268,786
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
Jorgensen Jeff A $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jorgensen Jeff A $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2012 03/01/12 Sold $120,000 -7.7% $63 / Sq Ft
01/19/2012 01/19/12 Pending -- -- --
08/17/2011 08/17/11 For Sale $130,000 -- $68 / 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 $3,822 $253,400 $38,000 $215,400
2024 $3,742 $263,500 $41,400 $222,100
2023 $2,782 $263,500 $41,400 $222,100
2022 $2,748 $165,400 $41,400 $124,000
2021 $2,760 $165,400 $41,400 $124,000
2020 $2,720 $156,900 $39,200 $117,700
2019 $2,720 $156,900 $39,200 $117,700
2018 $2,740 $156,900 $39,200 $117,700
2017 $2,740 $156,900 $39,200 $117,700
2016 $2,432 $138,100 $31,100 $107,000
2015 $2,432 $138,100 $31,100 $107,000
2014 $2,482 $138,100 $31,100 $107,000
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2012

    Dan Craig

    Hunziker & Assoc.-Ames

  • M

    Buyer's Agent in 2012

    Michelle Holdredge

    Hunziker & Assoc.-Ames

See All Agents

Map

Source: Central Iowa Board of REALTORS®

MLS Number: 33841

APN: 09-02-134-070

Iowa Story County Ames 50010 Historic Old Town

905 Kellogg Ave, Ames, IA

Not Listed for Sale

MultiFamily

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