NOT LISTED FOR SALE

1407 S 5th St Adel, IA 50003

Estimated Value: $433,000 - $503,000

4 Beds
4 Baths
1,785 Sq Ft
$264/Sq Ft Est. Value

Last Sold May 15, 2019

Last sale price $364,900 $204 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,631/month

380 Days on Market

Highlights

  • Newly Remodeled
  • Ranch Style House
  • Mud Room
  • ADM Middle School Rated A-
  • 1 Fireplace
  • No HOA

About This Home

As of May 2019

**FULL 7 YEAR TAX ABATEMENT and NO CLOSING COSTS WITH OUR PREFERRED LENDER** Cul-de-sac, walkout lot with 2 bedrooms up, and 2 bedrooms down in the finished basement, PLUS every bedroom has its own bath. Massive kitchen with a huge walk-in pantry, soft close cabinets, stylish countertop and backsplash and a gas range. A master bedroom and bath fit for royalty. Enjoy your morning coffee on the covered deck overlooking the river valley that’s full of wildlife and lush mature trees. Save roughly $57k with the tax abatement and maintain your home value with the included landscaping package!

Last Agent to Sell the Property

Missy Pattee

RE/MAX Precision Listed on: 04/30/2018

RE/MAX Precision

Co-Listed By

Tricia Evans

RE/MAX Concepts

Last Buyer's Agent

Kathy Miller

RE/MAX Precision

RE/MAX Precision

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • 0.37

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Stone Siding
  • Cement Board or Planked

Interior Spaces

  • 1,785 Sq Ft Home
  • 1 Fireplace
  • Mud Room
  • Family Room Downstairs
  • Dining Area
  • Finished Basement
  • Walk-Out Basement
  • Laundry on main level

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Parking

  • 3 Car Attached Garage
  • Driveway

Additional Features

  • 0.37 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Built by Grayhawk Homes of Iowa

Listing and Financial Details

  • Assessor Parcel Number 1132435014

Home Details

Home Type

Single Family

Est. Annual Taxes

$13

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Homebuilder: Grayhawk Homes of Iowa
  • Lp Amt Sq Ft: 204.43
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 204.43
  • Termite: New Construction
  • Year Built: 2018
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • First Floor Full Bathrooms: 1
  • Lower Level Full Bathrooms: 2
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Finished, Walkout
  • Sq Ft Bsmt: 1785
  • Sq Ft Fin Bsmt: 1087
  • Dining Room: Dining Areas
  • Family Room: 1st Floor, Lower Level
  • Other Rooms: Mud Room, Pantry
  • Included Items: Dishwasher, Microwave, Stove
  • Living Area Sq Ft: 1785
  • Total Sq Ft: 1785

Exterior Features

  • Exterior: Cement Board, Stone
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 3 Attached

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: 0.3700
  • Lot S F: 16096
  • Lot Shape: Regular
  • Assessor Parcel Number: 1132435014
  • 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

MLS Schools

  • School District: Adel-Desoto-Minburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2018
Closed on
May 9, 2019
Sold by
Grayhawk Homes Of Lowa Inc
Bought by
Worley Kelly Dean and Worley Elizabeth
Seller's Agent
Missy Pattee
RE/MAX Precision
Buyer's Agent
Kathy Miller
RE/MAX Precision
List Price
$381,817
Sold Price
$364,900
Premium/Discount to List
-$16,917
-4.43%
Current Estimated Value
$472,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,163
Avg. Annual Appreciation
4.06%
Original Mortgage
$353,953
Interest Rate
4%
Mortgage Type
New Conventional
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
Worley Kelly Dean $365,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Worley Kelly Dean $343,000
Closed Worley Kelly Dean $353,953
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2019 05/15/19 Sold $364,900 -4.4% $204 / Sq Ft
05/15/2019 05/15/19 Pending -- -- --
04/30/2018 04/30/18 For Sale $381,817 -- $214 / 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 $13 $358,860 $65,000 $293,860
2022 $13 $294,490 $630 $293,860
2021 $0 $630 $630 $0
2020 $13 $630 $630 $0
2019 $14 $358,860 $65,000 $293,860
2018 $14 $630 $630 $0
2017 $14 $630 $630 $0
2016 $0 $630 $630 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 560037

Des Moines Area Association of REALTORS®

APN: 11-32-435-014