NOT LISTED FOR SALE

114 N 5th St Adel, IA 50003

Estimated Value: $162,000 - $186,000

2 Beds
1.5 Baths
1,180 Sq Ft
$148/Sq Ft Est. Value

Last Sold February 01, 2022

Last sale price $129,900 $110 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,205/month

43 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Eat-In Kitchen
  • ADM Middle School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of February 2022

INVESTOR OPPORTUNITY! Property backs to the Raccoon River. Being sold “AS IS”. NEWER hot water heater, vinyl windows. Deck 30X12 added 2010, 24X24 detached car garage w/side entry door 2008, enclosed 8X16 front porch entry, fully fenced yard.

Last Agent to Sell the Property

Chris Chrzaszcz

Iowa Realty Beaverdale Listed on: 12/20/2021

Iowa Realty Beaverdale

Last Buyer's Agent

Tyler Lucht

RE/MAX Precision

RE/MAX Precision

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,878

Year Built

  • Built in 1900

Lot Details

  • 9,768 Sq Ft Lot
  • Lot Dimensions are 74x132
  • Chain Link Fence

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,180 Sq Ft Home
  • Family Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1129454002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,878

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 110.08
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 110.08
  • Termite: Follow Showing Instructions
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Carpeting, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1180
  • Dining Room: Eat In Kitchen
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1180
  • Total Sq Ft: 1180

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Fence Type: Chain Link
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Oak

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Adel-Desoto-Minburn

Lot Info

  • Acres: 0.2242
  • Lot S F: 9768
  • Lot Shape: Regular
  • Lot Size: 74X132
  • Assessor Parcel Number: 1129454002
  • Zoning: R

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: 2878.00
  • Net Taxes: 2878.00

MLS Schools

  • School District: Adel-Desoto-Minburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 20, 2021
Closed on
Jan 27, 2022
Sold by
Aldrich Neil S and Aldrich Ashley
Bought by
Lucht Tyler and Lucht Amy
Seller's Agent
Chris Chrzaszcz
Iowa Realty Beaverdale
Buyer's Agent
Tyler Lucht
RE/MAX Precision
List Price
$129,900
Sold Price
$129,900
Total Days on Market
43
Current Estimated Value
$175,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,112
Avg. Annual Appreciation
8.90%
Original Mortgage
$97,425
Outstanding Balance
$91,322
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$81,247

Purchase Details

Closed on
Jul 22, 2008
Sold by
Sisters Two Llc
Bought by
Aldrich Neil S and Aldrich Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,238
Interest Rate
6.5%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Lucht Tyler $130,000 Simpson Jensen Abels Fischer &
Aldrich Neil S $114,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lucht Tyler $97,425
Closed Lucht Tyler $97,425
Previous Owner Aldrich Neil S $112,238
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2022 02/01/22 Sold $129,900 0.0% $110 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
12/20/2021 12/20/21 For Sale $129,900 -- $110 / 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 $2,678 $133,830 $25,900 $107,930
2022 $2,884 $134,240 $25,900 $108,340
2021 $2,884 $145,690 $25,900 $119,790
2020 $2,820 $134,990 $25,900 $109,090
2019 $2,858 $134,990 $25,900 $109,090
2018 $2,858 $130,870 $25,900 $104,970
2017 $2,810 $130,870 $25,900 $104,970
2016 $2,434 $120,830 $31,300 $89,530
2015 $2,340 $110,610 $0 $0
2014 $2,230 $110,610 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 643296

Des Moines Area Association of REALTORS®

APN: 11-29-454-002