NOT LISTED FOR SALE

1616 Rapids St Adel, IA 50003

Estimated Value: $194,000 - $252,000

4 Beds
2 Baths
888 Sq Ft
$253/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $190,000 $214 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,554/month

45 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Tile Flooring
  • ADM Middle School Rated A-
  • No HOA
  • Forced Air Heating and Cooling System

About This Home

As of November 2023

Incredible investment opportunity to make this home yours! 4 bedroom and 3 bathroom ranch with a fenced yard. Convenient located to downtown Adel. New roof in 2020. Quick possession available! Schedule a showing today.

Last Agent to Sell the Property

Sean Manning

Simply Better Realty, LLC Listed on: 06/17/2023

Last Buyer's Agent

Kaitlyn Harvey

Century 21 Signature

Century 21 Signature

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,632

Year Built

  • Built in 1972

Lot Details

  • 10,275 Sq Ft Lot
  • Lot Dimensions are 75x137
  • Partially Fenced Property
  • Chain Link Fence

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 888 Sq Ft Home
  • Family Room Downstairs
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

Parking

  • 2 Car Detached Garage
  • Driveway

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1130429006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,632

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 231.98
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 213.96
  • Year Built: 1972
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Carpeting, Tile Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Basement Description: Finished
  • Sq Ft Bsmt: 888
  • Sq Ft Fin Bsmt: 800
  • Family Room: 1st Floor, Lower Level
  • Included Items: Dishwasher, Microwave, Refrigerator
  • Living Area Sq Ft: 888
  • Total Sq Ft: 888

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck, Partially Fenced Yard
  • Fence Type: Chain Link
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 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: 0.2359
  • Lot S F: 10275
  • Lot Size: 75X137
  • Assessor Parcel Number: 1130429006
  • 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: 2632.00
  • Net Taxes: 2632.00

MLS Schools

  • School District: Adel-Desoto-Minburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2023
Sold by
Repp Yvonne L
Bought by
Davis Katie and Davis Kasy
Current Estimated Value
$224,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
7.49%
Mortgage Type
Construction

Purchase Details

Closed on
Aug 28, 2017
Sold by
Repp James L and Repp Yvonne L
Bought by
Repp James L and Repp Yvonne L

Purchase Details

Closed on
Jun 9, 2017
Sold by
Logan Ashley N and Logan Eric M
Bought by
Repp James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,445
Interest Rate
3.95%
Mortgage Type
VA

Purchase Details

Listed on
Apr 17, 2014
Closed on
May 21, 2014
Sold by
1616 Rapid Street Llc
Bought by
Logan Ashley N and Logan Eric M
Seller's Agent
OUTSIDE AGENT
OTHER
Buyer's Agent
Dixie Grieme
Platinum Realty LLC
List Price
$157,000
Sold Price
$157,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.49%
Original Mortgage
$154,156
Interest Rate
4.34%
Mortgage Type
FHA

Purchase Details

Listed on
Mar 13, 2013
Closed on
Jun 5, 2013
Sold by
Secretary Of Hud
Bought by
Grey Horse Homes Llc
Seller's Agent
Ellen Fitzpatrick
Ellen Fitzpatrick Real Estate
Buyer's Agent
Nicholas Scar
Iowa Realty Mills Crossing
List Price
$88,000
Sold Price
$81,500
Premium/Discount to List
-$6,500
-7.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
99.40%
Original Mortgage
$60,750
Interest Rate
3.38%
Mortgage Type
Construction
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
Davis Katie $190,000 None Listed On Document
Repp James L -- None Available
Repp James L $165,000 None Available
Logan Ashley N $157,000 None Available
Grey Horse Homes Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Katie $178,000
Previous Owner Repp James L $170,445
Previous Owner Logan Ashley N $154,156
Previous Owner Grey Horse Homes Llc $60,750
Previous Owner Olson James B $113,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $190,000 -7.8% $214 / Sq Ft
08/01/2023 08/01/23 Pending -- -- --
07/29/2023 07/29/23 For Sale $206,000 0.0% $232 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/17/2023 07/17/23 Price Changed $206,000 -4.2% $232 / Sq Ft
06/30/2023 06/30/23 Price Changed $215,000 -4.4% $242 / Sq Ft
06/24/2023 06/24/23 Price Changed $225,000 0.0% $253 / Sq Ft
06/24/2023 06/24/23 For Sale $225,000 -6.2% $253 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/17/2023 06/17/23 For Sale $239,900 +52.8% $270 / Sq Ft
05/21/2014 05/21/14 Sold $157,000 0.0% $177 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $157,000 +92.6% $177 / Sq Ft
06/07/2013 06/07/13 Sold $81,500 -7.4% $92 / Sq Ft
06/06/2013 06/06/13 Pending -- -- --
03/13/2013 03/13/13 For Sale $88,000 -- $99 / 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 $3,652 $208,050 $34,090 $173,960
2022 $2,632 $183,080 $34,090 $148,990
2021 $2,632 $132,950 $34,090 $98,860
2020 $2,558 $122,430 $34,090 $88,340
2019 $2,572 $150,770 $34,090 $116,680
2018 $2,572 $146,050 $34,090 $111,960
2017 $2,428 $146,050 $34,090 $111,960
2016 $2,382 $149,950 $39,160 $110,790
2015 $2,276 $116,270 $0 $0
2014 $2,344 $116,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 675564

Des Moines Area Association of REALTORS®

APN: 11-30-429-006