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113 South Russell Avenue

113 South Russell Avenue, Ames, IA 50010
Sold Mar 10, 2015
$160,000
$126,000 by Lincoln Savings Bank
Mortgage Due Apr 01, 2045
Sold May 24, 2006
$145,500
$150,000 by Security State Bank
Mortgage
113 South Russell Avenue in Ames, IA was first built in 1926 and is 98 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 113 South Russell Avenue has 1,464 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 861 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 7,000 square feet.

Learn more about the property and building on this page. There is a patio. The home has a hip style roof made of composition shingle. Water for the property is sourced from a water system. For those who need parking, there is a detached garage. The garage is 529 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 113 South Russell Avenue sold most recently in Feb 21, 2015 for a total of $160,000. If you work out the math, that's approximately a cost of $109.29 per sqft. Before that, the property was also sold for $145,500 in May 24, 2006. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,922 in taxes each year. 113 South Russell Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $203,900. If we break it down further, the land itself was valued at $43,400. Improvements to the property, however, were assessed at a total of $160,500. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 861
  • Garage Type: Detached
  • Garage Square Area: 529
  • Parking Space Count: 2
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,464
  • Gross Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,464
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: LINCOLN'S ADD
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LINCOLN'S ADD BLOCK:1 LOT:15 AMES

Ownership

  • Current Owner : RUTLEDGE ALISON H
  • Previous Owner : WEST RUSS RIVER LLC
  • Owner Before Previous Owner: SCHROEDER HUBERT J
  • Owner Before Previous Owner 2: SCHROEDER NANCY I
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ames Community School District
  • School Tax School District: AMES COMMUNITY
  • Census Tract: 001000

Zoning

  • Zoning: UCRM

Geography

  • Assessors Map Reference: PM 910200060
  • District: 01001
  • Parcel: 09-10-200-060
  • Block: 1
  • Lot: 15
  • Meridian: SEC 10 TWN 83N RNG 24W
  • Municipality: AMES CITY
  • Latitude: 42.0223
  • Longitude: -93.6286

    Address

  • Full Address: 113 S Russell Ave
  • Address - House Number: 113
  • Street Direction: S
  • Address - Street Name: Russell
  • Address - Suffix Type: Ave
  • State: IA
  • City Name: Ames
  • Carrier Code: C007
  • 4-Digit Zip Code: 5969
  • Zip Code: 50010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,922
  • Tax Rate Code Area: 01001

    Appraisal Valuation

  • Standard Deviation: 0.1591
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 80
  • Final Value: 251,602
  • High Value: 291,656
  • Low Value: 211,547

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $126,000
  • First Open Lien Mortgage Lender: LINCOLN SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Mar 10, 2015
  • First Open Lien Mortgage Loan Amount: $126,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2045

    Market Valuation

  • Market Total Value: $203,900
  • Market Land Value: $43,400
  • Market Improvement Value: $160,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,900
  • Assessed Land Value: $43,400
  • Assessed Improvements Value: $160,500

    Sales

  • Current Sale Contract Date: Feb 21, 2015
  • Current Sale Recording Date: Mar 10, 2015
  • Current Sale Transaction ID: 1222279006
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015-00001889
  • Previous Sale Recording Date: May 24, 2006
  • Previous Sale Contract Date: May 24, 2006
  • Previous Sale Amount: $145,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LINCOLN SAVINGS BANK
  • First Mortgage Transaction Date: Mar 10, 2015
  • First Mortgage Loan Amount: $126,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: SECURITY STATE BANK
  • Previous Mortgage Transaction Date: May 24, 2006
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About South Riverside-South Russell



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Frequently Asked Questions

What neighborhood is 113 South Russell Avenue located in?
The 113 South Russell Avenue is a located in the neighborhood of South Riverside-South Russell in South Riverside-South Russell, Ames.
What is the average sales price for listings in 113 South Russell Avenue?
The average sales price for units in 113 South Russell Avenue is $0 currently.

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