NOT LISTED FOR SALE

1609 Southbridge Dr Adel, IA 50003

Estimated Value: $423,000 - $546,000

4 Beds
3 Baths
1,725 Sq Ft
$292/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $432,195 $251 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,105/month

85 Days on Market

Highlights

  • ENERGY STAR Certified Homes
  • Home Energy Rating Service (HERS) Rated Property
  • Wood Flooring
  • ADM Middle School Rated A-
  • Ranch Style House
  • Forced Air Heating and Cooling System

About This Home

As of August 2020

24 HR BTO

Last Agent to Sell the Property

Becky Moffitt

EXP Realty, LLC Listed on: 05/28/2020

Last Buyer's Agent

Kathy Miller

RE/MAX Precision

RE/MAX Precision

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,140

Year Built

  • Built in 2020

Lot Details

  • 0.28

HOA Fees

  • $17 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,725 Sq Ft Home
  • Gas Log Fireplace
  • Family Room Downstairs
  • Walk-Out Basement
  • Laundry on main level

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

Parking

  • 3 Car Attached Garage
  • Driveway

Eco-Friendly Details

  • Home Energy Rating Service (HERS) Rated Property
  • ENERGY STAR Certified Homes

Additional Features

  • 0.28 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • Cramer Properties Association, Phone Number (515) 265-1447
  • Built by Destiny Homes

Listing and Financial Details

  • Assessor Parcel Number 1132479015

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,140

Year Built

Built in 2020

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Homebuilder: Destiny Homes
  • Lp Amt Sq Ft: 250.61
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 250.55
  • Termite: Call Listing Agent
  • Year Built: 2020
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Gas Log
  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry, Carpeting, Hardwood Floors, Tile Floors
  • Total Bathrooms: 3.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Walkout
  • Sq Ft Bsmt: 1725
  • Sq Ft Fin Bsmt: 1020
  • Family Room: Lower Level
  • Included Items: Dishwasher, Microwave, Stove
  • Living Area Sq Ft: 1725
  • Total Sq Ft: 1725

Exterior Features

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

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: 200.0000
  • Association Fee Term: Year
  • Association Fee: Yes

Association/Amenities

  • HOA Name: Southbridge Plat 2 Owner's As.
  • Management Firm: Cramer Properties
  • Management Firm Phone: 515-265-1447

Schools

  • School District: Adel-Desoto-Minburn

Lot Info

  • Acres: 0.2800
  • Lot S F: 12087
  • Assessor Parcel Number: 1132479015
  • Zoning: Res

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: Yes
  • Energy Star Year Certified: 2020
  • HERS Rating: Yes
  • 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
May 28, 2020
Closed on
Aug 14, 2020
Sold by
Genesis Homes Inc
Bought by
Merritt Bradley R and Merritt Nicole D
Seller's Agent
Becky Moffitt
EXP Realty, LLC
Buyer's Agent
Kathy Miller
RE/MAX Precision
List Price
$418,011
Sold Price
$432,195
Premium/Discount to List
$14,184
3.39%
Current Estimated Value
$503,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,303
Avg. Annual Appreciation
3.41%
Original Mortgage
$210,000
Outstanding Balance
$188,367
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$322,996

Purchase Details

Closed on
May 19, 2020
Sold by
Cramer And Associates Inc
Bought by
Genesis Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000,000
Interest Rate
3.3%
Mortgage Type
Construction
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 Buyer Sale Price Title Company
Merritt Bradley R $432,500 None Available
Genesis Homes Inc $77,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merritt Bradley R $50,000
Open Merritt Bradley R $210,000
Previous Owner Genesis Homes Inc $15,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $432,195 +3.4% $251 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
05/28/2020 05/28/20 For Sale $418,011 -- $242 / 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 $4,140 $500,940 $80,000 $420,940
2023 $4,140 $500,940 $80,000 $420,940
2022 $1,970 $216,410 $40,250 $176,160
2021 $1,970 $108,450 $20,370 $88,080
2020 $10 $500 $500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 606135

Des Moines Area Association of REALTORS®

APN: 11-32-479-015