NOT LISTED FOR SALE

Ames, IA 50010

South Ames Business Neighborhood

Estimated Value: $239,000 - $248,000

Studio
3 Baths
1,692 Sq Ft
$144/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $230,000 $136 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,609/month

40 Days on Market

About This Home

As of August 2023

This property is being sold as a package with 307 S. 2nd. Zoned in the S. Lincoln Way Mixed Use District these lots combine for 20,342 sq. ft. and has potential to build a large multi-unit property (see City for more info). As is, the 4 bed, 1.5 bath house has solid rental history. LOC good until 2/4/25. New sidewalk 2022, New windows, siding and gutters 2012, Furnace/AC - 2020. This property has alley access and 2 garages.

Last Agent to Sell the Property

Sarah Laaser-Webb

RE/MAX Real Estate Center Listed on: 06/02/2023

RE/MAX Real Estate Center

Last Buyer's Agent

Sarah Laaser-Webb

RE/MAX Real Estate Center Listed on: 06/02/2023

RE/MAX Real Estate Center

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,239

Year Built

  • Built in 1910

Lot Details

  • 10,159 Sq Ft Lot
  • Property is zoned S-SMD

Parking

  • Driveway

Home Design

  • Brick Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,692 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0911125070

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,239

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 147.75
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 135.93
  • Unit: 317
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Living Area Sq Ft: 1692
  • Total Sq Ft: 1692

Exterior Features

  • Foundation: Brick, Tile
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt

Garage/Parking

  • Driveway: Concrete

Utilities

  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.2332
  • Lot S F: 10159
  • Assessor Parcel Number: 0911125070
  • Zoning: S-SMD

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 2238.54
  • Net Taxes: 2238.00
  • Tax Year: 2021

MLS Schools

  • School District: Ames

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Aug 30, 2023
Sold by
315 S 2Nd St Llc
Bought by
Wimbledon Properties Llc
Seller's Agent
Sarah Laaser-Webb
RE/MAX Real Estate Center
Buyer's Agent
Sarah Laaser-Webb
RE/MAX Real Estate Center
List Price
$250,000
Sold Price
$230,000
Premium/Discount to List
-$20,000
-8%
Views
12
Current Estimated Value
$262,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,521
Avg. Annual Appreciation
2.54%
Original Mortgage
$425,756
Outstanding Balance
$421,110
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
-$177,043

Purchase Details

Closed on
May 22, 2018
Sold by
Ames City Of
Bought by
315 S 2Nd Llc
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
Wimbledon Properties Llc $230,000 None Listed On Document
315 S 2Nd Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wimbledon Properties Llc $425,756
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2023 08/31/23 Sold $230,000 -8.0% $136 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $250,000 -- $148 / 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 $2,826 $257,900 $66,000 $191,900
2024 $2,766 $194,800 $33,700 $161,100
2023 $2,266 $194,800 $33,700 $161,100
2022 $2,238 $134,700 $33,700 $101,000
2021 $2,324 $134,700 $33,700 $101,000
2020 $2,290 $132,100 $33,000 $99,100
2019 $2,290 $132,100 $33,000 $99,100
2018 $2,308 $132,100 $33,000 $99,100
2017 $2,308 $132,100 $33,000 $99,100
2016 $2,110 $119,800 $37,700 $82,100
2015 $2,110 $119,800 $37,700 $82,100
2014 $2,050 $114,100 $85,400 $28,700
Source: Public Records

Agents Affiliated with this Home

  • Sarah Laaser-Webb

    Seller's Agent in 2023

    Sarah Laaser-Webb

    RE/MAX

    (515) 451-9256

    4 in this area

    135 Total Sales

    Sarah Laaser-Webb
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Source: Des Moines Area Association of REALTORS®

MLS Number: 674628

Des Moines Area Association of REALTORS®

APN: 09-11-125-070

Iowa Story County Ames 50010

South Ames Business

Not Listed for Sale

Detached

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