NOT LISTED FOR SALE

1525 Rapids St Adel, IA 50003

Estimated Value: $259,882 - $270,000

3 Beds
2 Baths
1,040 Sq Ft
$255/Sq Ft Est. Value

Last Sold February 22, 2019

Last sale price $178,000 $171 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,853/month

74 Days on Market

Highlights

  • No HOA
  • Screened Porch
  • Tile Flooring
  • ADM Middle School Rated A-
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of February 2019

Great split level home just blocks from the elementary school. Large eat in kitchen that is open to the great room. Hardwood floors in the great room and bedrooms. Large master bedroom that has room for a king sized bed. Hall bathroom and lower level bathroom have been remodeled. Hall bathroom has tile surround and beautiful tile floors. You will love the cozy lower level family room with the gas fireplace and brick surround. Non-conforming bedroom/office complete lower level. Additional finished area in the lower level is great for another family room or play room. Walkout lower level enters into screen porch. Fenced back yard is just part of this large corner lot. This house lives BIG!

Last Agent to Sell the Property

Julianna Cullen

RE/MAX Precision Listed on: 12/10/2018

Co-Listed By

Kevin Howe

RE/MAX Precision

Last Buyer's Agent

Michael Martin

Des Moines Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,515

Year Built

  • Built in 1969

Lot Details

  • 10,498 Sq Ft Lot
  • Wood Fence

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home
  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,040 Sq Ft Home
  • Gas Log Fireplace
  • Drapes & Rods
  • Family Room Downstairs
  • Screened Porch
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1130434001

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,515

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Split Level
  • Lp Amt Sq Ft: 172.98
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 171.15
  • Termite: Call Listing Agent
  • Year Built: 1969
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Cable TV, Carpeting, Drapes/Curtains, Laminate Floors, Smoke Detector, Tile Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath Lower: 1
  • Basement Description: Finished
  • Sq Ft Bsmt: 1040
  • Sq Ft Fin Bsmt: 500
  • Dining Room: Eat In Kitchen
  • Family Room: 1st Floor, Lower Level
  • Other Rooms: Pantry
  • Included Items: Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1040
  • Total Sq Ft: 1040

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Screened Porch
  • Fence Type: Wood
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Garage: 2 Attached
  • Garage Parking Stalls: 2

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: 0.2400
  • Lot S F: 10498
  • Assessor Parcel Number: 1130434001
  • 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: 3515.00
  • Net Taxes: 3328.00

MLS Schools

  • School District: Adel-Desoto-Minburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2018
Closed on
Feb 20, 2019
Sold by
Foster Rockne O and Foster Lindsey M
Bought by
Schneider Shannon Lynndel
Seller's Agent
Julianna Cullen
RE/MAX Precision
Buyer's Agent
Michael Martin
Des Moines Realty Group
List Price
$185,000
Sold Price
$178,000
Premium/Discount to List
-$7,000
-3.78%
Total Days on Market
74
Current Estimated Value
$264,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,971
Avg. Annual Appreciation
6.12%
Original Mortgage
$174,775
Outstanding Balance
$155,199
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$103,325

Purchase Details

Listed on
Jul 11, 2013
Closed on
Sep 17, 2013
Sold by
Sedars Brian J and Sedars Kathryn L
Bought by
Foster Rockno O and Foster Lindsey M
Seller's Agent
Nancy Bishop
Iowa Realty Co., Inc.
Buyer's Agent
Julianna Cullen
RE/MAX Precision
List Price
$163,500
Sold Price
$160,000
Premium/Discount to List
-$3,500
-2.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.99%
Original Mortgage
$162,250
Interest Rate
4.56%
Mortgage Type
VA

Purchase Details

Closed on
Aug 29, 2006
Sold by
Tapper Lee K and Tapper Delores A
Bought by
Sedars Brian J and Patten Kathryn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,298
Interest Rate
6.88%
Mortgage Type
FHA
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
Schneider Shannon Lynndel $178,000 None Available
Foster Rockno O $160,000 None Available
Sedars Brian J $142,375 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schneider Shannon Lynndel $7,272
Open Schneider Shannon L $36,827
Closed Schneider Shannon Lynndel $6,418
Open Schneider Shannon Lynndel $174,775
Previous Owner Foster Rockno O $162,250
Previous Owner Sedars Brian J $134,229
Previous Owner Sedars Brian J $140,298
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2019 02/22/19 Sold $178,000 -3.8% $171 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
12/10/2018 12/10/18 For Sale $185,000 +15.6% $178 / Sq Ft
09/23/2013 09/23/13 Sold $160,000 -2.1% $154 / Sq Ft
08/24/2013 08/24/13 Pending -- -- --
07/11/2013 07/11/13 For Sale $163,500 -- $157 / 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 $4,374 $248,530 $34,430 $214,100
2022 $3,916 $219,230 $34,430 $184,800
2021 $3,916 $197,890 $34,430 $163,460
2020 $3,844 $184,050 $34,430 $149,620
2019 $3,390 $184,050 $34,430 $149,620
2018 $3,390 $166,990 $34,430 $132,560
2017 $2,888 $166,990 $34,430 $132,560
2016 $2,834 $146,330 $34,160 $112,170
2015 $2,842 $146,330 $0 $0
2014 $2,686 $133,160 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 573847

Des Moines Area Association of REALTORS®

APN: 11-30-434-001