NOT LISTED FOR SALE

1726 Main St Adel, IA 50003

Estimated Value: $188,813 - $199,000

2 Beds
1 Bath
1,000 Sq Ft
$195/Sq Ft Est. Value

Last Sold February 04, 2022

Last sale price $165,000 $165 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,232/month

About This Home

Motivated Sellers!! Perfect opportunity to build some sweat equity for the first time homebuyer or investor. New Furnace and tankless water heater 2015, new windows and doors throughout most of the house 20/21. Every bit of living space has been utilized to it's highest potential as this growing family has turned the formal living room into the non conforming master bedroom. Updated galley kitchen has concrete countertops, USB charging ports, and high top counter eating area with seating in the dining area. Laundry area is conveniently located between the kitchen, basement entrance and back door. The two bedroom and oversized bathroom complete this ranch style home. Fenced backyard and firepit.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Jan 29, 2022
Sold by
Kilker Kelsi B and Kilker Chad
Bought by
Rice Melissa and Mason Christopher
Seller's Agent
Janell Backer
Realty ONE Group Impact
Buyer's Agent
Jessica Kramer
Century 21 Signature
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%
Current Estimated Value
$195,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,203
Avg. Annual Appreciation
4.49%
Original Mortgage
$162,011
Outstanding Balance
$149,865
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$45,338

Purchase Details

Closed on
Jun 4, 2020
Sold by
Kilker Kelsi B and Cohoon Chad
Bought by
Kilker Kelsi B and Cohoon Chad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,518
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 2020
Sold by
Reisetter Kirk R
Bought by
Kilker Kelsi B and Reisetter Kelsi B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,518
Interest Rate
3.2%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 13, 2014
Closed on
Sep 30, 2014
Sold by
House Fixers Llc
Bought by
Reisetter Kirk P and Reisetter Kelsi B
Seller's Agent
Anthony Lyne
RE/MAX Concepts
Buyer's Agent
Jane Hermann
Iowa Realty Co., Inc.
List Price
$112,500
Sold Price
$109,000
Premium/Discount to List
-$3,500
-3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$87,200
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2006
Sold by
Daugherty C Eugene
Bought by
Moore Tracy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,750
Interest Rate
6.73%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rice Melissa $165,000 None Listed On Document
Kilker Kelsi B -- None Available
Kilker Kelsi B -- None Available
Reisetter Kirk P $109,000 None Available
Moore Tracy L $114,000 American Escrow & Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Melissa $162,011
Previous Owner Kilker Kelsi B $111,518
Previous Owner Reisetter Kirk P $87,200
Previous Owner Moore Tracy L $22,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2022 02/04/22 Sold $165,000 -4.6% $165 / Sq Ft View Prior Sale
12/19/2021 12/19/21 Pending -- -- --
12/12/2021 12/12/21 Price Changed $172,900 -1.2% $173 / Sq Ft
12/06/2021 12/06/21 For Sale $175,000 +60.6% $175 / Sq Ft
09/30/2014 09/30/14 Sold $109,000 -3.1% $109 / Sq Ft View Prior Sale
09/30/2014 09/30/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $112,500 +184.8% $113 / Sq Ft
07/05/2012 07/05/12 Sold $39,500 -6.0% $40 / Sq Ft View Prior Sale
06/29/2012 06/29/12 Pending -- -- --
05/25/2012 05/25/12 For Sale $42,000 -- $42 / Sq Ft

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 $2,460 $150,110 $23,560 $126,550
2023 $2,460 $150,110 $23,560 $126,550
2022 $2,206 $132,140 $23,560 $108,580
2021 $2,206 $111,430 $23,560 $87,870
2020 $2,172 $103,980 $23,560 $80,420
2019 $2,196 $103,980 $23,560 $80,420
2018 $2,196 $100,520 $23,560 $76,960
2017 $2,312 $100,520 $23,560 $76,960
2016 $2,184 $107,710 $28,480 $79,230
2015 $2,108 $99,600 $0 $0
2014 $2,108 $99,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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