NOT LISTED FOR SALE

1212 Main St Adel, IA 50003

Estimated Value: $271,000 - $324,000

-- Bed
1 Bath
1,512 Sq Ft
$191/Sq Ft Est. Value

Last Sold September 15, 2016

Last sale price $186,000 $123 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $1,667/month

121 Days on Market

Highlights

  • 2 Kitchens
  • Ranch Style House
  • Laundry Room
  • ADM Middle School Rated A-
  • No HOA
  • Central Air

About This Home

As of September 2016

Very nice brick ranch duplex located in the Historic City of Adel. Each unit has 2 bedrooms and 1 bath with granite countertops in the kitchens. The east unit has a very nice enclosed porch to enjoy the shaded afternoons and evenings. There is a 2 car garage that can be shared plus a car port with the West unit. The lower level boasts a sauna, whirlpool and additional 1/2 bath with laundry facilities. The west unit also has a washer and dryer on the main level. It is conveniently located within 2-3 blocks of the Adel square so very close to shops and restaurants. Watch the Adel Sweetcorn Festival parade from your front lawn! Buy as a rental or why not live in one side and make your payments with the other rental! Call, text or email me today for a private showing!

Last Agent to Sell the Property

Dan Bever

Platinum Realty LLC Listed on: 05/03/2016

Platinum Realty LLC

Last Buyer's Agent

Cindy Scharingson

Iowa Realty Waukee

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,220

Year Built

  • Built in 1964

Lot Details

  • 9,834

Parking

  • 2 Car Detached Garage

Home Design

  • 1,512 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation

Utilities

  • Central Air
  • Hot Water Heating System

Additional Features

  • 2 Kitchens
  • 1 Full Bathroom
  • Laundry Room
  • 9,834 Sq Ft Lot
  • Unfinished Basement

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1129354006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,220

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Style: Ranch
  • Lp Amt Sq Ft: 132.21
  • Sp Amt Sq Ft: 123.02
  • Termite: Follow Showing Instructions
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Refrigerators: 2
  • Stoves Total: 2
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1512
  • Kitchens: 2
  • Laundry: Yes
  • Living Area Sq Ft: 1512
  • Total Sq Ft: 1512

Exterior Features

  • Exterior: Brick
  • Foundation: Concrete Block
  • Paved: Yes
  • Sidewalk: Y

Garage/Parking

  • Garage: 2 Detached

Utilities

  • Air Conditioner: Central
  • Heat: Hot Water

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Adel-Desoto-Minburn

Lot Info

  • Acres: 0.2300
  • Lot S F: 9834
  • Assessor Parcel Number: 1129354006
  • Zoning: R

Tax Info

  • Gross Taxes: 3220.00
  • Net Taxes: 2968.00
  • Tax Year: 2015

MLS Schools

  • School District: Adel-Desoto-Minburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2016
Closed on
Sep 1, 2016
Sold by
Norenberg Jon
Bought by
Graeve Deanna L
Seller's Agent
Dan Bever
Platinum Realty LLC
Buyer's Agent
Cindy Scharingson
Iowa Realty Waukee
List Price
$212,000
Sold Price
$186,000
Premium/Discount to List
-$26,000
-12.26%
Total Days on Market
121
Current Estimated Value
$289,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,354
Avg. Annual Appreciation
5.01%
Original Mortgage
$111,600
Outstanding Balance
$90,816
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$194,155
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
Graeve Deanna L $186,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graeve Deanna L $111,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2016 09/15/16 Sold $186,000 -12.3% $123 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $212,000 -- $140 / 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 $514 $248,650 $30,890 $217,760
2022 $4,246 $220,590 $30,890 $189,700
2021 $514 $197,530 $30,890 $166,640
2020 $4,221 $182,820 $30,890 $151,930
2019 $4,190 $182,820 $30,890 $151,930
2018 $1,341 $176,810 $30,890 $145,920
2017 $3,566 $174,760 $30,890 $143,870
2016 $3,092 $165,980 $30,650 $135,330
2015 $146 $152,310 $0 $0
2014 $146 $152,310 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 516591

Des Moines Area Association of REALTORS®

APN: 11-29-354-006