NOT LISTED FOR SALE

20832 280th St Adel, IA 50003

Estimated Value: $307,000 - $480,000

4.54 Acres
$89,105 Price per Acre
197,762 Sq Ft Lot

Last Sold May 24, 2017

Last sale price $221,000 $140 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $2,557/month

75 Days on Market

Highlights

  • No HOA
  • Formal Dining Room
  • Carpet
  • ADM Middle School Rated A-
  • Forced Air Heating and Cooling System

About This Lot

As of May 2017

Location! Location! Turn of the century farm house on hard surface road only 2 miles from Adel. Nearly 5 acres with several outbuildings for horses or livestock with plenty of space for your hobby farm. House has been updated with new wiring, vinyl siding, plumbing, insulation, and a metal roof. Call listing agent for more details.

Last Agent to Sell the Property

Diane Seymour

Iowa Realty Co., Inc. Listed on: 03/10/2017

Co-Listed By

Bruce Seymour

Iowa Realty Co., Inc.

Last Buyer's Agent

OUTSIDE AGENT

OTHER

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,146

Year Built

  • Built in 1900

Lot Details

  • 4.54 Acre Lot

Home Design

  • Stone Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,576 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Unfinished Basement
  • Partial Basement
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Powered By Leased Propane
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1026200006

Property Details

Property Type

Land

Est. Annual Taxes

$2,146

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: Two Story
  • Lp Amt Sq Ft: 164.91
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 140.23
  • Termite: Follow Showing Instructions
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 2

Interior Features

  • Interior Amenities: 1st Flr Laundry, Carpeting, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • Second Floor Half Bathrooms: 1
  • Basement Description: Partial, Unfinished
  • Sq Ft Bsmt: 328
  • Dining Room: Dining Areas, Formal Dining Rm
  • Included Items: Dishwasher, Dryer, Microwave, Stove, Washer
  • Living Area Sq Ft: 1576
  • Total Sq Ft: 1576

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Stone
  • Roof: Metal
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Gravel
  • Garage: 1 Detached

Utilities

  • Sewer: Septic
  • Water: Rural
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Adel-Desoto-Minburn

Lot Info

  • Acres: 4.5400
  • Lot S F: 197762
  • Lot Shape: Regular
  • Assessor Parcel Number: 1026200006
  • 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: 2146.00
  • Net Taxes: 2146.00
  • Tax Year: 2017

MLS Schools

  • School District: Adel-Desoto-Minburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2017
Closed on
May 23, 2017
Sold by
Fountas Morgan A and Fountas Michael R
Bought by
Moklestad Matthew D and Moklestad Tracy
Seller's Agent
Diane Seymour
Iowa Realty Co., Inc.
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$259,900
Sold Price
$221,000
Premium/Discount to List
-$38,900
-14.97%
Total Days on Market
75
Current Estimated Value
$404,536

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$183,536
Avg. Annual Appreciation
7.73%
Original Mortgage
$176,800
Interest Rate
4.08%
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
Moklestad Matthew D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moklestad Matthew D $425,000
Closed Moklestad Matthew D $162,802
Closed Moklestad Matthew D $169,470
Closed Moklestad Matthew D $34,700
Closed Moklestad Matthew D $176,800
Previous Owner Fountas Michael R $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2017 05/24/17 Sold $221,000 -15.0% $140 / Sq Ft
05/24/2017 05/24/17 Pending -- -- --
03/10/2017 03/10/17 For Sale $259,900 -- $165 / 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 $3,428 $298,850 $109,120 $189,730
2022 $3,140 $264,560 $93,130 $171,430
2021 $3,140 $242,340 $93,130 $149,210
2020 $2,896 $221,310 $93,130 $128,180
2019 $2,780 $206,930 $78,750 $128,180
2018 $2,780 $189,660 $67,750 $121,910
2017 $2,184 $189,660 $67,750 $121,910
2016 $2,146 $145,420 $67,750 $77,670
2015 $1,886 $129,600 $0 $0
2014 $1,886 $129,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 534033

Des Moines Area Association of REALTORS®

APN: 10-26-200-006