NOT LISTED FOR SALE

112 S 15th St Adel, IA 50003

Estimated Value: $94,000 - $140,000

1 Bed
1 Bath
538 Sq Ft
$209/Sq Ft Est. Value

Last Sold November 24, 2021

Last sale price $80,000 $149 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $756/month

30 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Bungalow
  • ADM Middle School Rated A-
  • Eat-In Kitchen
  • Central Air

About This Home

As of November 2021

Well kept bungalow in Adel. One bedroom off the living room. All flooring is brand new, consisting of carpet in the living areas and LVP in the kitchen and mud room. Full bath close to the living areas. Investor friendly!

Last Agent to Sell the Property

Michael Fagerstrom

Keller Williams Realty GDM Listed on: 09/29/2021

Keller Williams Realty GDM

Last Buyer's Agent

Travis Belgarde

Realty ONE Group Impact

Realty ONE Group Impact

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,478

Year Built

  • Built in 1946

Lot Details

  • 5,750 Sq Ft Lot
  • Lot Dimensions are 50x115
  • Wood Fence
  • Property is zoned R1-60

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 538 Sq Ft Home
  • Dining Area
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Stove
  • Cooktop

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1129355005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,478

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bungalow
  • Lp Amt Sq Ft: 167.29
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 148.70
  • Termite: Call Listing Agent
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 1st Flr Laundry, Carpeting, Laminate Floors, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Crawl Space
  • Dining Room: Dining Areas, Eat In Kitchen
  • Included Items: Cooktop, Stove
  • Living Area Sq Ft: 538
  • Total Sq Ft: 538

Exterior Features

  • Fence Type: Wood
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage: 1 Detached
  • Garage Parking Stalls: 1

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Adel-Desoto-Minburn

Lot Info

  • Acres: 0.1320
  • Lot S F: 5750
  • Lot Size: 50X115
  • Assessor Parcel Number: 1129355005
  • Zoning: R1-60

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1478.00
  • Net Taxes: 1478.00

MLS Schools

  • School District: Adel-Desoto-Minburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2018
Sold by
Alocor Investments Llc
Bought by
Merical Matthew Lee
Total Days on Market
30
Current Estimated Value
$112,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,232
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2017
Sold by
Alcor Investments Llc
Bought by
Merica Matthew Lee

Purchase Details

Closed on
Mar 8, 2016
Sold by
Reo Asset Management Company Llc
Bought by
Hbi Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Merical Matthew Lee $72,500 None Available
Merica Matthew Lee $72,500 None Available
Hbi Llc $545,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ajdt Properties Llc $61,105
Closed Merical Matthew Lee $73,232
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2021 11/24/21 Sold $80,000 -11.1% $149 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/13/2021 10/13/21 Price Changed $90,000 -5.3% $167 / Sq Ft
09/29/2021 09/29/21 For Sale $95,000 +58.3% $177 / Sq Ft
09/30/2016 09/30/16 Sold $60,000 +0.2% $112 / Sq Ft
09/30/2016 09/30/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $59,900 -- $111 / 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 $1,520 $85,610 $16,800 $68,810
2022 $1,468 $76,190 $16,800 $59,390
2021 $1,468 $74,170 $16,800 $57,370
2020 $1,448 $69,300 $16,800 $52,500
2019 $1,466 $69,300 $16,800 $52,500
2018 $1,466 $67,150 $16,800 $50,350
2017 $1,460 $67,150 $16,800 $50,350
2016 $1,194 $68,050 $21,430 $46,620
2015 $1,198 $65,340 $0 $0
2014 $1,198 $65,340 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 638576

Des Moines Area Association of REALTORS®

APN: 11-29-355-005