NOT LISTED FOR SALE

Estimated Value: $279,000 - $302,553

Studio
2 Baths
1,926 Sq Ft
$151/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $200,000 $104 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,835/month

37 Days on Market

Highlights

  • 2 Kitchens
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Fellows Elementary School Rated A-
  • No HOA
  • Wood Siding

About This Home

As of August 2020

Great investment opportunity. Live in one side and rent out the other, or rent both sides for a great cash flow!! Active lease in place through July 2021 on the 2 bedroom/1 bath unit with monthly rent of $885 per month. The other side is currently vacant and has 3 spacious bedrooms and 2 baths. This unit could easily be rented for $1225 per month. Each unit has its own basement and garage stall. Landlord is responsible for trash. Tenant responsible for all utilities, lawn care and snow removal. Located in north Ames near North Grand Mall and on Cy-Ride route.

Last Agent to Sell the Property

Misty Metschke

Hunziker & Associates, Inc. Listed on: 07/01/2020

Last Buyer's Agent

Gina McAndrews

Century 21 Signature Real Esta

Century 21 Signature Real Esta

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,447

Year Built

  • Built in 1971

Lot Details

  • 8,076

Home Design

  • 1,926 Sq Ft Home
  • Duplex
  • Asphalt Shingled Roof
  • Wood Siding

Kitchen

  • 2 Kitchens
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • 8,076 Sq Ft Lot
  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05-34-250-120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,447

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Duplex
  • Lp Amt Sq Ft: 109.03
  • Sp Amt Sq Ft: 103.84
  • Termite: Call Listing Agent
  • Year Built: 1971
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Disposals: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: 1st Flr Laundry, Cable TV, Carpeting, Hardwood Floors, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Third Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Kitchens: 2
  • Half Bathrooms: 1
  • Included Items: Dishwasher, Dryer, Microwave, Stove, Washer
  • Living Area Sq Ft: 1926
  • Total Sq Ft: 1926

Exterior Features

  • Exterior: Wood
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Mahogany

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.1854
  • Lot S F: 8076
  • Lot Shape: Regular
  • Assessor Parcel Number: 05-34-250-120
  • Zoning: res

Rental Info

  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Taxes Owner, Water Tenant

Tax Info

  • Gross Taxes: 3446.68
  • Net Taxes: 3294.00

MLS Schools

  • School District: Ames

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2020
Closed on
Jul 31, 2020
Sold by
Gandrud Michael Dale and Gandrud Angela Nicole
Bought by
Steinbeck Properties Llc
Seller's Agent
Misty Metschke
Hunziker & Associates, Inc.
Buyer's Agent
Gina McAndrews
Century 21 Signature Real Esta
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%
Current Estimated Value
$290,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,138
Avg. Annual Appreciation
7.11%
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
Steinbeck Properties Llc $200,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2020 08/07/20 Sold $200,000 -4.8% $104 / Sq Ft
08/07/2020 08/07/20 Pending -- -- --
07/01/2020 07/01/20 For Sale $210,000 -- $109 / 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
2025 $3,806 $281,300 $50,500 $230,800
2024 $3,726 $262,400 $50,600 $211,800
2023 $3,406 $262,400 $50,600 $211,800
2022 $3,366 $202,500 $50,600 $151,900
2021 $3,228 $202,500 $50,600 $151,900
2020 $3,178 $192,100 $48,000 $144,100
2019 $3,178 $192,100 $48,000 $144,100
2018 $3,204 $192,100 $48,000 $144,100
2017 $3,204 $192,100 $48,000 $144,100
2016 $2,668 $160,200 $31,700 $128,500
2015 $2,668 $160,200 $31,700 $128,500
2014 $2,722 $160,200 $31,700 $128,500
Source: Public Records

Agents Affiliated with this Home

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Source: Des Moines Area Association of REALTORS®

MLS Number: 608818

Des Moines Area Association of REALTORS®

APN: 05-34-250-120