$238,000
SOLD JUL 2, 2020

1415 Rapids St Adel, IA 50003

5 Beds
4 Baths
2,185 Sq Ft
9,240 Sq Ft Lot

Recently Sold

$109 Per Sq Ft

8% Below List Price

44 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Formal Dining Room
  • ADM Middle School Rated A-
  • No HOA
  • Shades

About This Home

As of July 2020

This is a wonderful renovated family home with an additional 600 sq.ft. living space that can be used as a mother in law suite, a rental or for a business. The additional space has a separate driveway and entrance with 1 bedroom, full bath, living room, laundry and full kitchen. As you walk in the main home you will see the fireplace and beautiful hardwood floors which flow into the dining room. The kitchen has a large eating area and all appliances stay. Off the 1st floor bedroom is a full bath with laundry. The upper level has 3 large bedrooms with large closets. One bedroom is en suite with a 3/4 bath and there is an additional full bath with dual sinks. Updates include a new roof in 2015, htg/clg and windows all new in 2016. Out back you can enjoy a large patio and fenced in backyard. You could live in this home and have rental income, a home for a loved one or a business. There is a tax break til 1/1/2026 for all the improvements made to this home. Only $1950 a year til 2026!

Last Agent to Sell the Property

Diane Bjorholm

1 Percent Lists Evolution Listed on: 05/19/2020

Last Buyer's Agent

Amy Lucht

Century 21 Signature

Century 21 Signature

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,950

Year Built

  • Built in 1923

Lot Details

  • 9,240 Sq Ft Lot
  • Lot Dimensions are 66x140
  • Property is Fully Fenced
  • Wood Fence
  • Street paved with bricks

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,185 Sq Ft Home
  • 1.5-Story Property
  • Electric Fireplace
  • Shades
  • Family Room
  • Formal Dining Room
  • Wood Flooring
  • Fire and Smoke Detector
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Driveway

Additional Features

  • Patio
  • 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

Est. Annual Taxes

$1,950

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 114.42
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 108.92
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Electric
  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry, Hardwood Floors, Shades/Shutters, Smoke Detector
  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • First Floor Full Bathrooms: 2
  • Second Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 2nd Floor: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1146
  • Dining Room: Eat In Kitchen, Formal Dining Rm
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 2185
  • Total Sq Ft: 2185

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Exterior Features: Fully Fenced Yard, Open Patio
  • Fence Type: Wood
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Brick
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 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: 0.2121
  • Lot S F: 9240
  • Lot Shape: Regular
  • Lot Size: 66X140
  • 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: 1950.00
  • Net Taxes: 1950.00

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
Century 21 Signature
List Price
$260,000
Sold Price
$238,000
Premium/Discount to List
-$22,000
-8.46%
Current Estimated Value
$348,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,691
Avg. Annual Appreciation
7.58%
Original Mortgage
$240,404
Outstanding Balance
$213,570
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$135,121
Source: Public Records

Range of Values:

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Average Value
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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
2024 $2,810 $282,050 $30,290 $251,760
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: 605498

Des Moines Area Association of REALTORS®

APN: 11-29-314-002