NOT LISTED FOR SALE

925 Burnett Ave Ames, IA 50010

Historic Old Town Neighborhood
-- Bed
3 Baths
2,312 Sq Ft
10,092 Sq Ft Lot

Last Sold August 16, 2018

Last sale price $150,000 $65 Per Sq Ft

30 Days on Market

Highlights

  • Wood Flooring
  • Property near a hospital
  • 5-minute walk to Old Towne Park
  • Ames High School Rated A-
  • Hot Water Heating System

About This Home

As of August 2018

Great downtown location on large corner lot. Near hospital. Excellent rental history. Converted home that maintains historical charm. Fully leased. Recent code compliance tasks completed. Seller will not participate in radon mitigation. Seller is licensed broker in the State of Iowa and acting on own behalf.

Last Agent to Sell the Property

Luke Jensen

Friedrich Iowa Realty/Somerset Listed on: 05/29/2018

Co-Listed By

Dean Jensen

Friedrich Iowa Realty/Somerset

Last Buyer's Agent

Luke Jensen

Friedrich Iowa Realty/Somerset Listed on: 05/29/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,660

Year Built

  • Built in 1914

Lot Details

  • 10,092

Home Design

  • Block Foundation

Interior Spaces

  • 2,312 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Concrete

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • 10,092 Sq Ft Lot
  • Property near a hospital

Community Details

Overview

  • 6 Units
  • Fridge & Stove Association

Building Details

  • Operating Expense $16,152
  • Gross Income $35,520
  • Net Operating Income $19,368

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,660

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Sub Type: Six Plex
  • Prop. Type: Multi-Family
  • Lot Size Acres: 0.23
  • Lot Size: 0
  • Co List Office Mls Id: somerset
  • Co List Office Phone: 515-232-6175
  • Architectural Style: 2 Story
  • Garage Yn: No
  • Year Built: 1914
  • Floor:Concrete: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Water Heater:Gas: Yes
  • Floor:Hardwood: Yes
  • Foundation:Concrete Block: Yes
  • Keywords:Architectural Style2: 2 Story
  • Features:Cable TV: Yes
  • Features:Hospital: Yes
  • Annual Expenses: 16152.0
  • Income Expenses Net Income: 19368.0
  • Special Features: None

Interior Features

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

Exterior Features

  • Construction Type: Wood
  • Foundation Details: Block

Garage/Parking

  • Keywords:Garage Capacity3: None
  • Keywords:Garage Type3: None
  • Keywords:Parking Spaces2: 6 - 10 Spaces

Utilities

  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association Name: Fridge & Stove

Schools

  • Junior High Dist: Ames

Lot Info

  • Lot Size Sq Ft: 10092.0
  • Zoning: RM
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 35520.0
  • Property Net Operating Income: 19368.0
  • Annual Operating Expense: 16152.0

Tax Info

  • Tax Annual Amount: 2660.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2018 08/16/18 Sold $150,000 -18.9% $65 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $185,000 -- $80 / Sq Ft
Source: Central Iowa Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Luke Jensen

    Friedrich Iowa Realty/Somerset

  • D

    Seller Co-Listing Agent in 2018

    Dean Jensen

    Friedrich Iowa Realty/Somerset

See All Agents

Map

Source: Central Iowa Board of REALTORS®

MLS Number: 49579

Iowa Story County Ames 50010 Historic Old Town

925 Burnett Ave, Ames, IA

This home is located at 925 Burnett Ave, Ames, IA 50010 since 29 May 2018. This property was built in 1914. 925 Burnett Ave is a home located in Story County with nearby schools including Meeker Elementary School, Ames Middle School, and Ames High School.

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