NOT LISTED FOR SALE

1306 Main St Adel, IA 50003

Estimated Value: $414,000 - $438,000

4 Beds
2.5 Baths
2,926 Sq Ft
$145/Sq Ft Est. Value

Last Sold January 09, 2018

Last sale price $300,000 $103 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,995/month

88 Days on Market

Highlights

  • 0.65 Acre Lot
  • 1 Fireplace
  • Den
  • ADM Middle School Rated A-
  • No HOA
  • Formal Dining Room

About This Home

As of January 2018

Looking for a large family home w/ character & charm? Then don t miss this Adel grand estate! Take a look at this incredible two-story home built in 1915 & located in the heart of town. This home boasts 4 large bedrooms, 3 baths including a ¾ bath off of the master bedroom, & first floor laundry w/ laundry chute. An extra wide switch-back staircase adds character & charm to this one-of-a-kind home. The first two floors offer nearly 3,000SF plus you ll love the beautiful 288SF three-season porch. The second-floor stairs lead to an incredible third-floor space that could be finished for a play space, studio or office. This home features incredible woodwork throughout w/ custom built-ins in the stately dining room. A large elevated patio (672 square feet) overlooks a park-like 2/3-acre (m/l) yard w/ fantastic gardens & trees. Includes a newer oversized two-car garage. Don t miss out on this fantastic, historic home! Email, call or text me today for a private tour.

Last Agent to Sell the Property

Dan Bever

Platinum Realty LLC Listed on: 10/13/2017

Platinum Realty LLC

Last Buyer's Agent

Beth Ernst

Keller Williams Realty GDM

Keller Williams Realty GDM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,319

Year Built

  • Built in 1915

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 132x215

Home Design

  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,926 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Drapes & Rods
  • Family Room
  • Formal Dining Room
  • Den
  • Unfinished Basement

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1129353004

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,319

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 112.75
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 102.53
  • Termite: Follow Showing Instructions
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplaces: 1
  • Interior Amenities: Drapes/Curtains
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 2nd Floor: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1400
  • Dining Room: Formal Dining Rm
  • Family Room: 1st Floor
  • Other Rooms: Den, Pantry, See Remarks
  • Included Items: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 2926
  • Total Sq Ft: 2926

Exterior Features

  • Exterior: Frame
  • Foundation: Tile
  • 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: 0.6500
  • Lot S F: 28380
  • Lot Size: 132x215
  • Assessor Parcel Number: 1129353004
  • Zoning: Res

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: 5318.85
  • Net Taxes: 5136.00

MLS Schools

  • School District: Adel-Desoto-Minburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2017
Closed on
Dec 28, 2017
Sold by
Straight Heimes John W and Straight Marr Barbar
Bought by
Schwab Jeb and Schwab Shannon L
Seller's Agent
Dan Bever
Platinum Realty LLC
Buyer's Agent
Beth Ernst
Keller Williams Realty GDM
List Price
$375,000
Sold Price
$300,000
Premium/Discount to List
-$75,000
-20%
Total Days on Market
88
Current Estimated Value
$423,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,643
Avg. Annual Appreciation
5.22%
Original Mortgage
$247,500
Outstanding Balance
$212,028
Interest Rate
3.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$225,280
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
Schwab Jeb $300,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwab Jeb $247,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/09/2018 01/09/18 Sold $300,000 -20.0% $103 / Sq Ft
01/09/2018 01/09/18 Pending -- -- --
10/13/2017 10/13/17 For Sale $375,000 -- $128 / 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 $7,409 $378,090 $54,170 $323,920
2022 $7,251 $333,150 $54,170 $278,980
2021 $939 $327,840 $54,170 $273,670
2020 $7,127 $305,100 $54,170 $250,930
2019 $7,243 $305,100 $54,170 $250,930
2018 $1,876 $297,110 $54,170 $242,940
2017 $5,136 $308,880 $54,170 $254,710
2016 $4,744 $250,980 $53,750 $197,230
2015 $4,760 $236,890 $0 $0
2014 $4,760 $236,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 549573

Des Moines Area Association of REALTORS®

APN: 11-29-353-004