1501 Summit Ave
Ames, IA 50010
- Studio
- 1 Bath
- 325 sqft
$120,000
Last Sold: May 22, 2026
4% below list $125K
$369/sqft
Est. Refi. Payment $821/mo*
$120,000
Last Sold: May 22, 2026
4% below list $125K
$369/sqft
Est. Refi. Payment $821/mo*
Studio
1 Bath
325 sqft
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1946
Living Area
325 sqft
Price/Sqft
$369/sqft
About this House
This little home packs a big punch with all the upgrades and features tucked inside. The open-concept layout makes great use of the space, giving you a surprisingly comfortable and efficient place to live. You'll find a cozy sleeping loft, a flexible office area, an updated kitchen, and plenty of shelving to keep things organized.
Easy, low-maintenance living comes with the compact footprint, plus there's a shed for extra storage. Mature trees behind the property add a nice sense of privacy and a peaceful backdrop. A great spot for simple, minimalist living or a cozy personal retreat.
As the owner-occupant of 7 years states: 'This home lives bigger than it looks and is very comfortable in spite of the size.'
Easy, low-maintenance living comes with the compact footprint, plus there's a shed for extra storage. Mature trees behind the property add a nice sense of privacy and a peaceful backdrop. A great spot for simple, minimalist living or a cozy personal retreat.
As the owner-occupant of 7 years states: 'This home lives bigger than it looks and is very comfortable in spite of the size.'
1501 Summit Ave, Ames, IA 50010 is a studio, 1 bathroom, 325 sqft single-family home built in 1946. It last sold for $120,000 on May 22, 2026 (4% below the $124,900 asking price). It is currently off market. The Trulia Estimate is $120,700, with a rent estimate of $984/month.
Home Details for 1501 Summit Ave
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Interior Details Basement: NoneNumber of Rooms: 3Types of Rooms: Three Quarter Bathroom, Kitchen, Living Room |
Beds & Baths Number of Bathrooms: 1Number of Bathrooms (three quarters): 1 |
Dimensions and Layout Living Area: 325 Square Feet |
Appliances & Utilities Appliances: Dryer, Microwave, Range, Refrigerator, WasherDryerMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: OtherHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Other |
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Exterior Home Features Foundation: Other, Concrete Perimeter |
Parking & Garage No Garage |
Frontage Road Surface Type: Hard Surface |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 325 Square Feet |
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Year Built Year Built: 1946 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence, Residential |
Property Information Parcel Number: 0534450090 |
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Price List Price: $124,900Price Per Sqft: $369/sqft |
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MLS Status: Closed |
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Direction & Address City: Ames |
School Information High School District: Ames |
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Building Area Building Area: 325 Square Feet |
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No HOA |
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Lot Area: 4791.6 sqft |
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Special Conditions: Standard |
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Mls Number: 69496Above Grade Unfinished Area: 325 |
Last check for updates: about 8 hours ago
Listed by Tami Hicks, (515) 233-2623
CENTURY 21 SIGNATURE-Ames
Jessie Borkowski, (515) 233-2623
CENTURY 21 SIGNATURE-Ames
Bought with: Mike Purcell, (515) 232-6175, Friedrich Realty
Source: CIBR, MLS#69496

Price History for 1501 Summit Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 05/22/2026 | $120,000 | Sold | CIBR #69496 |
| 02/27/2026 | $124,900 | Listed For Sale | CIBR #69496 |
| 12/20/2018 | $64,000 | Sold | CIBR #50086 |
| 10/09/2018 | $74,500 | PriceChange | Agent Provided |
| 08/06/2018 | $84,900 | Listed For Sale | Agent Provided |
| 11/08/2013 | $37,000 | Sold | N/A |
| 10/01/2013 | $45,000 | PriceChange | Agent Provided |
| 06/11/2013 | $47,500 | Listed For Sale | Agent Provided |
| 01/05/2007 | $39,500 | Sold | N/A |
Market trends in Ames
Last updated June 2026
Avg. sale price
$314K
$14.58KMoM
Sale-to-List Price
99.0%
0.3%MoM
Price per sq ft
$210
$5MoM
Available listings
181
18MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $790 |
| Assessment | $75,700 |
Home facts updated by county records
Comparable Sales for 1501 Summit Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.06 | Single-Family Home | $177,000 | 09/08/25 | 2 | 1 | 708 | |
0.05 | Single-Family Home | $170,000 | 12/04/25 | 2 | 1 | 723 | |
0.37 | Single-Family Home | $103,131 | 12/02/25 | 2 | 1.5 | 619 | |
0.32 | Single-Family Home | $225,000 | 04/20/26 | 2 | 1 | 874 | |
0.43 | Single-Family Home | $199,000 | 07/23/26 | 3 | 1 | 1,169 | |
0.26 | Single-Family Home | $205,000 | 12/19/25 | 3 | 1.5 | 1,170 | |
0.39 | Single-Family Home | $230,000 | 10/02/25 | 3 | 1 | 1,548 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1501 Summit Ave.
What Locals Say about Ames
At least 171 Trulia users voted on each feature.
96 % Say it's dog friendly
89 % Say there are sidewalks
84 % Say parking is easy
81 % Say car is needed
80 % Say people would walk alone at night
78 % Say streets are well-lit
71 % Say it's quiet
71 % Say there's holiday spirit
68 % Say yards are well-kept
68 % Say kids play outside
56 % Say it's walkable to grocery stores
55 % Say there's wildlife
54 % Say it's walkable to restaurants
51 % Say neighbors are friendly
43 % Say they plan to stay for at least 5 years
31 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.

