$88,400
SOLD OCT 15, 2015

1415 Rapids St Adel, IA 50003

5 Beds
2.5 Baths
2,483 Sq Ft
9,239 Sq Ft Lot

Recently Sold

$36 Per Sq Ft

3% Above List Price

36 Days on Market

Highlights

  • Wood Flooring
  • 1 Fireplace
  • Formal Dining Room
  • ADM Middle School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of July 2020

This is a 5 bedroom, 2 1/2 bath, brick 2 story home. It has extra-large rooms, many extra’s including fenced back yard hard wood floors, large eat in kitchen. There is also an extra apartment with its own kitchen & bath. All on original Adel brick streets. This home has great potential. HUD Homes are Sold AS-IS Listing #161-275172. Earnest Deposit $1000 for offer > $50,000 $500 for < $50,000. Must Be Certified Funds, earnest money check is made out to buyer’s choice of Title Company for closing, ask Listing agent for details. Managed by Matt Martin Real Estate, offers made at HUDHomeStore website.

Last Agent to Sell the Property

Richard Hudnut

RE/MAX Concepts Listed on: 09/09/2015

RE/MAX Concepts

Co-Listed By

Steven Camerona

Iowa Realty Beaverdale

Last Buyer's Agent

Diane Bjorholm

1 Percent Lists Evolution

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1923

Lot Details

  • 9,239 Sq Ft Lot
  • Lot Dimensions are 66 x 140
  • Street paved with bricks

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,483 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Formal Dining Room
  • Unfinished Basement
  • Crawl Space

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

Parking

  • 1 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1129314002

Home Details

Home Type

Single Family

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 34.64
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 35.60
  • Termite: Under Maintenance Contract - No Need for Inspection
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplaces: 1
  • Interior Amenities: Carpeting, Hardwood Floors, Vinyl Floors
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • Second Floor Half Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Crawl Space, Unfinished
  • Sq Ft Bsmt: 992
  • Dining Room: Formal Dining Rm
  • Living Area Sq Ft: 2483
  • Total Sq Ft: 2483

Exterior Features

  • Exterior: Brick, Frame
  • Foundation: Tile
  • Roof: Asphalt Shingle
  • Street Feature: Brick
  • Trim: Oak, Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Adel-Desoto-Minburn

Lot Info

  • Acres: 0.2100
  • Lot S F: 9239
  • Lot Shape: Regular
  • Lot Size: 66 X 140
  • Assessor Parcel Number: 1129314002
  • 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: 2282.00
  • Net Taxes: 1852.00
  • Tax Year: 2015

MLS Schools

  • School District: Adel-Desoto-Minburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2020
Closed on
Jun 26, 2020
Sold by
Newberry Properties Llc
Bought by
Trout Eric S and Trout Anna
Seller's Agent
Diane Bjorholm
1 Percent Lists Evolution
Buyer's Agent
Amy Lucht
RE/MAX Precision
List Price
$260,000
Sold Price
$238,000
Premium/Discount to List
-$22,000
-8.46%
Total Days on Market
36
Current Estimated Value
$334,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,790
Avg. Annual Appreciation
6.82%
Original Mortgage
$240,404
Outstanding Balance
$215,902
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$113,093
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 Type Sale Price Title Company
Warranty Deed $238,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $66,000 New Conventional
Open $240,404 New Conventional
Previous Owner $80,000 Credit Line Revolving
Previous Owner $129,731 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2020 07/02/20 Sold $238,000 -8.5% $109 / Sq Ft
07/02/2020 07/02/20 Pending -- -- --
05/19/2020 05/19/20 For Sale $260,000 +194.1% $119 / Sq Ft
10/15/2015 10/15/15 Sold $88,400 +2.8% $36 / Sq Ft
09/15/2015 09/15/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $86,000 -- $35 / 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 $2,810 $282,050 $30,290 $251,760
2022 $2,786 $140,800 $30,290 $110,510
2021 $2,786 $140,800 $30,290 $110,510
2020 $1,846 $88,430 $30,290 $58,140
2019 $3,942 $188,400 $30,290 $158,110
2018 $3,942 $180,500 $30,290 $150,210
2017 $1,796 $183,850 $30,290 $153,560
2016 $2,778 $83,650 $30,060 $53,590
2015 $2,400 $125,460 $0 $0
2014 $2,282 $125,460 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 503916

Des Moines Area Association of REALTORS®

APN: 11-29-314-002