1517 Illinois Ave
Ames, IA 50014
4 bd 4 ba 1,397 sqft Built 1986 Lot 13,980 sqft single_family
Most recent sale
$263,000
Jun 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 6, 2022 | Sold | $263,000 | MLS #60002 |
| May 4, 2022 | Listed | $274,900 | MLS #60002 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $216,000 | $97,900 | $313,900 | $3,494 |
| 2024 | $216,000 | $97,900 | $313,900 | $3,418 |
| 2023 | $204,300 | $46,800 | $251,100 | $3,000 |
| 2022 | $140,400 | $46,800 | $187,200 | $2,962 |
| 2021 | $140,400 | $46,800 | $187,200 | $3,092 |
| 2020 | $138,300 | $46,100 | $184,400 | $3,046 |
| 2019 | $138,300 | $46,100 | $184,400 | $3,156 |
| 2018 | $138,300 | $46,100 | $184,400 | $3,068 |
| 2017 | $138,300 | $46,100 | $184,400 | $2,864 |
| 2016 | $125,000 | $42,500 | $167,500 | $2,796 |
| 2015 | $125,000 | $42,500 | $167,500 | $2,708 |
| 2014 | $119,000 | $40,400 | $159,400 | $2,500 |
| 2013 | $113,000 | $38,400 | $151,400 | $2,434 |
| 2012 | $113,000 | $38,400 | $151,400 | $2,364 |
| 2009 | $113,000 | $38,400 | $151,400 | $2,074 |
| 2007 | $113,000 | $38,400 | $151,400 | $2,010 |
| 2006 | $113,000 | $38,400 | $151,400 | $2,052 |
| 2004 | $113,000 | $38,400 | $151,400 | $2,042 |
Property facts
Year built
1986
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
1,397 sqft
Lot size
13,980 sqft
ZIP code
50014
City
Ames
Street
Illinois Ave
Coordinates
42.03666, -93.68533
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,096
Gross rental yield
9.56%
Implied cap rate
6.22%
Trend-extrapolated value
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Frequently asked questions
When did 1517 Illinois Ave last sell?
1517 Illinois Ave most recently sold on Jun 6, 2022 for $263,000.
What is the current tax assessment for 1517 Illinois Ave?
The most recent total assessment for 1517 Illinois Ave (year 2025) is $313,900 with $3,494 in property tax.
How does 1517 Illinois Ave's assessment compare to its last sale price?
The current assessment is 19.4% above the last sale price of $263,000.
When was 1517 Illinois Ave built?
1517 Illinois Ave was built in 1986.
How does 1517 Illinois Ave compare to others on Illinois Ave?
We track 8 other properties on Illinois Ave. Browse the list under "Other properties on Illinois Ave" to compare beds, baths, and sale history.
What are the property facts for 1517 Illinois Ave?
1517 Illinois Ave is a 4 bed, 4 bath, 1,397 sqft, 13,980 sqft lot single_family.
Is 1517 Illinois Ave a flip candidate?
No — 1517 Illinois Ave does not appear in our flips dataset.
Is 1517 Illinois Ave a tax-appeal candidate?
Yes — 1517 Illinois Ave appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.3%
Implied 1-yr
-5.2%
2026 Q3
$300.7K
2026 Q4
$296.5K
ZIP 50014 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Illinois Ave