NOT LISTED FOR SALE

1010 Grove St Unit 1012 Adel, IA 50003

Estimated Value: $297,000 - $417,000

-- Bed
2 Baths
1,496 Sq Ft
$231/Sq Ft Est. Value

Last Sold April 03, 2020

Last sale price $205,000 $137 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,367/month

65 Days on Market

Highlights

  • 2 Kitchens
  • No HOA
  • Forced Air Heating and Cooling System
  • ADM Middle School Rated A-
  • Laundry Room
  • 4-minute walk to Kinnick-Feller Riverside Park

About This Home

As of April 2020

A great investment opportunity with current tenants. Each of the units is handicap accessible and very nice and open. The upper unit has a wrap-around porch with a couple of parking spaces. The lower level has a cement pad for easy parking. The great news is that just down the road there is another multi-family with a couple of lots that could be purchased as one! The opportunity is endless.

Last Agent to Sell the Property

Bryan Curtis

Attain RE Listed on: 12/17/2019

Last Buyer's Agent

Maggie Martin

Keller Williams Realty GDM

Keller Williams Realty GDM

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,548

Year Built

  • Built in 2010

Lot Details

  • 0.36

Parking

  • Gravel Driveway

Home Design

  • 1,496 Sq Ft Home
  • Duplex
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • 2 Kitchens
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Additional Features

  • 2 Bathrooms
  • Laundry Room
  • 0.36 Acre Lot
  • Forced Air Heating and Cooling System
  • Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 1129327014

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Snow Removal

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,548

Year Built

Built in 2010

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Duplex
  • Lp Amt Sq Ft: 143.72
  • Sp Amt Sq Ft: 137.03
  • Termite: Follow Showing Instructions
  • Year Built: 2010
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dishwashers: 2
  • Refrigerators: 2
  • Stoves Total: 2
  • Interior Amenities: Carpeting, Vinyl Floors
  • Total Bathrooms: 2.00
  • Partial Bath Total: 2
  • Basement Description: Finished
  • Sq Ft Bsmt: 1496
  • Sq Ft Fin Bsmt: 1496
  • Kitchens: 2
  • Laundry: Yes
  • Included Items: Dishwasher, Refrigerator
  • Living Area Sq Ft: 1496
  • Partial Bathrooms: 2
  • Total Sq Ft: 1496

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Gravel

Garage/Parking

  • Driveway: Gravel

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air
  • Services: Lawn Care, Snow Removal

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Adel-Desoto-Minburn

Lot Info

  • Acres: 0.3600
  • Lot S F: 15660
  • Assessor Parcel Number: 1129327014
  • Zoning: R

Rental Info

  • Furnished: No
  • Landlord Tenant Utilities: Building Insurance Owner, Electric Tenant, Gas Tenant, Insurance Tenant, Janitor Tenant, Misc Exp Landlord, Taxes Owner, Water Tenant

Tax Info

  • Gross Taxes: 4548.14
  • Net Taxes: 4548.00

Multi Family

  • Total Units: 2

MLS Schools

  • School District: Adel-Desoto-Minburn

Range of Values:

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Average Value
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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

Mortgage History

Date Status Borrower Loan Amount
Closed Zzz Rentals Llc $151,720
Closed Ward Douglas A $153,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/03/2020 04/03/20 Sold $205,000 -4.7% $137 / Sq Ft
02/20/2020 02/20/20 Pending -- -- --
12/17/2019 12/17/19 For Sale $215,000 -- $144 / 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
2023 $5,176 $298,470 $31,320 $267,150
2022 $4,418 $259,380 $31,320 $228,060
2021 $4,418 $223,190 $31,320 $191,870
2020 $4,408 $211,080 $31,320 $179,760
2019 $4,548 $211,080 $31,320 $179,760
2018 $4,548 $208,210 $31,320 $176,890
2017 $4,472 $208,210 $31,320 $176,890
2016 $4,456 $182,580 $29,440 $153,140
2015 $4,470 $211,220 $0 $0
2014 $4,260 $211,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 596275

Des Moines Area Association of REALTORS®

APN: 11-29-327-014