Located just minutes from all the city of Ames and within the Gilbert school district, this 3-bed, 2.25-bath is the best of both worlds and sits on a scenic 1.1-acre treed lot along a hard-surface road. The property offers multiple living spaces, including a living room with vaulted ceilings, a dining area with a built-in buffet, and a family room featuring a gas fireplace, built-ins, a wet bar, and direct access to the deck overlooking mature trees. The kitchen eating area is framed by a large picture window with wooded views. The upper level includes the primary suite, two additional bedrooms, and a three-quarter bath. A lower-level den with built-ins offers flexible work or hobby space. HOA dues cover water usage, garbage service, subdivision road maintenance, snow removal, and the community’s updated sewer system completed in 2021.Buyers who enjoy updating a home to fit their style will find solid potential here. While some areas would benefit from maintenance and improvements, the layout, setting, and square footage create a strong foundation for personalization. To help offset potential project costs the buyers may choose to do after closing, the seller is offering 1% of the NET purchase price for the buyer to use toward closing costs.
Single-familyProperty Type
1985Year Built
1.1 acresLot Size
$236Est. Price/Sq.Ft.
2 car garageParking
Listed by Jen Schuller• Iowa Realty Mills Crossing
Contact: 515-453-6593
Bought with Eily Mickelson• Century 21 Signature Real Esta
Located just minutes from all the city of Ames and within the Gilbert school district, this 3-bed, 2.25-bath is the best of both worlds and sits on a scenic 1.1-acre treed lot along a hard-surface road. The property offers multiple living spaces, including a living room with vaulted ceilings, a dining area with a built-in buffet, and a family room featuring a gas fireplace, built-ins, a wet bar, and direct access to the deck overlooking mature trees. The kitchen eating area is framed by a large picture window with wooded views. The upper level includes the primary suite, two additional bedrooms, and a three-quarter bath. A lower-level den with built-ins offers flexible work or hobby space. HOA dues cover water usage, garbage service, subdivision road maintenance, snow removal, and the community's updated sewer system completed in 2021.Buyers who enjoy updating a home to fit their style will find solid potential here. While some areas would benefit from maintenance and improvements, the layout, setting, and square footage create a strong foundation for personalization. To help offset potential project costs the buyers may choose to do after closing, the seller is offering a closing cost credit.
DMMLS #731067
Jan 27, 2026
Sold
$310,000
$173/sq ft
Dec 22, 2025
Pending
—
Dec 1, 2025
Listed
$323,000
$180/sq ft
CIBOR #59978
Aug 2, 2022
Sold
$300,000
$168/sq ft
May 2, 2022
Listed
$315,000
$176/sq ft
The best of both worlds! This 3 BR, 2 1/2 BA home is sitting on a picturesque 1.1 acre treed lot close to Ames on a hard surface road. You will be surrounded by nature but close to all the amenities Ames has to offer. yet still be within the desirable Gilbert school district. This home has multiple living areas. Lovely family room with gas fireplace flanked by built in bookcases; wet bar, and sliders out to the deck where you will have your own serene private escape surrounded by trees and wildlife. Enjoy watching the birds from the large window in the kitchen eating area. Living room with large windows to let the light in and vaulted ceilings connect to the formal dining room with built in buffet. Main floor half bath/laundry room. Upstairs you'll find the primary BR and BA along with two other bedrooms and 3/4 Bath. Lower level den/office with builtins. Bonus-ditch your water bill and your garbage service bill! These are included in your HOA dues. Water your lawn, fill your pool, however you use your water, it's the same low cost of $152/mo and this includes your garbage service too! For comparison, according to City of Gilbert, average water usage for house use only (no outdoor watering) is $150/mo in Gilbert. Remaining HOA dues ($154/mo) cover maintenance and snow removal on subdivision roads, and cost of new sewer treatment facility(2021) Roof is 8 years old. Gutter toppers have been installed.
Year
Property tax
Land + Additions
Assessment*
2025
$3,990 (+6.1%)
$133,900 + $190,600
$324,500
2024
$3,762 (−6.3%)
$133,900 + $190,600
$324,500
2023
$4,014 (+0.6%)
$136,700 + $171,900
$308,600
2022
$3,990 (−1.9%)
$124,900 + $155,400
$280,300
2021
$4,066 (−1.3%)
$124,900 + $155,400
$280,300
2020
$4,120 (+5.8%)
$111,200 + $155,400
$266,600
2019
$3,894 (+3.1%)
$111,200 + $155,400
$266,600
2018
$3,778 (−0.8%)
$111,200 + $155,400
$266,600
2017
$3,810 (+0.2%)
$94,500 + $141,500
$236,000
2016
$3,802 (+15.8%)
$94,500 + $141,500
$236,000
2014
$3,284
$94,500 + $143,900
$238,400
Tax history for 5301 Valley Rd
Year
Property tax
Land + Additions
Assessment*
2025
$3,990 (+6.1%)
$133,900 + $190,600
$324,500
2024
$3,762 (−6.3%)
$133,900 + $190,600
$324,500
2023
$4,014 (+0.6%)
$136,700 + $171,900
$308,600
2022
$3,990 (−1.9%)
$124,900 + $155,400
$280,300
2021
$4,066 (−1.3%)
$124,900 + $155,400
$280,300
2020
$4,120 (+5.8%)
$111,200 + $155,400
$266,600
2019
$3,894 (+3.1%)
$111,200 + $155,400
$266,600
2018
$3,778 (−0.8%)
$111,200 + $155,400
$266,600
2017
$3,810 (+0.2%)
$94,500 + $141,500
$236,000
2016
$3,802 (+15.8%)
$94,500 + $141,500
$236,000
2014
$3,284
$94,500 + $143,900
$238,400
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
3
Stories
2
Lot width
—
Lot depth
—
Lot size
1.1 Acres
Year renovated
1985
Sq. Ft.
1,959
Year built
1985
Style
Single Family Residential
County
Story County
APN
0520175210
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 15, 2026.
R-1
Transitional Residential District
The R-1 Transitional Residential District is designed to provide a district for single-family detached dwellings between a rural and urban density. Subdivisions created within the R-1 district may also include community facilities and open space uses, with special provisions to protect the residential character of the District. This District is not intended to permit isolated rural dwellings incompatible with surrounding land uses and not in conformance with the Cornerstone to Capstone C2C Comprehensive Plan. The R-1 Transitional Residential District shall be located in the Urban Expansion Area or Rural Villages as shown on the C2C Plan.