NOT LISTED FOR SALE

27503 307th Way Adel, IA 50003

Estimated Value: $444,000 - $591,000

4.17 Acres
$129,033 Price per Acre
181,645 Sq Ft Lot

Last Sold August 01, 2014

Last sale price $335,000 $187 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,402/month

85 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Shades
  • ADM Middle School Rated A-
  • Formal Dining Room
  • Eat-In Kitchen

About This Lot

As of August 2014

This home has been completely updated w/ electric, plumbing new wood maple floors, insulation in the walls, ceiling & basement. New Geo-Thermal heat & cooling system, windows & siding. The new maple mid continent cabinets has great detail in the crown & the corian counter tops & designer fixtures really make this kitchen stand out. All the stainless steel appliances included. The master bath has a jet tub & two headed shower. There is a new patio in back. Perfect area for your horses w/ stables & lighted fenced arena. The stable is 32x60 ft w/ stalls plus there is a machine shed w/ attached office/tool area that is 24x68 that has room for at least 3 cars and a newly constructed 30 x 40 ft Shop/Garage w/ apartment ( a $30,000 value) w/ 2 over head doors ( 16ft x 9 ft and 12ft x 9 ft ) . The shop walls are 10ft & the floors have been sealed & stubbed in for an in floor heating system. The attic is full length of the shop w/ storage.

Last Agent to Sell the Property

Mike clark

RE/MAX Concepts Listed on: 05/08/2014

RE/MAX Concepts

Last Buyer's Agent

Mike Hickman

Iowa Realty Valley West

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,975

Year Built

  • Built in 1913

Lot Details

  • 4.17 Acre Lot
  • Property is zoned Ag

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 1,790 Sq Ft Home
  • 2-Story Property
  • Shades
  • Drapes & Rods
  • Formal Dining Room
  • Laundry on main level
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 4 Car Detached Garage
  • Gravel Driveway

Utilities

  • Geothermal Heating and Cooling
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 1503200014

Property Details

Property Type

Land

Est. Annual Taxes

$2,975

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: Two Story
  • Lp Amt Sq Ft: 195.00
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 187.00
  • Year Built: 1913
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 2

Interior Features

  • Interior Amenities: 1st Flr Laundry, Carpeting, Drapes/Curtains, Hardwood Floors, Shades/Shutters, Tile Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1039
  • Dining Room: Eat In Kitchen, Formal Dining Rm
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 1790
  • Total Sq Ft: 1790

Exterior Features

  • Exterior: Frame
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Trim: Paint

Garage/Parking

  • Driveway: Gravel
  • Garage: 4 Detached

Utilities

  • Sewer: Septic
  • Water: Rural
  • Air Conditioner: GeoThermal
  • Heat: GeoThermal, See Remarks

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Adel-Desoto-Minburn

Lot Info

  • Acres: 4.1700
  • Lot S F: 181645
  • Lot Shape: Regular
  • Assessor Parcel Number: 1503200014
  • Zoning: Ag

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: 2975.00
  • Net Taxes: 2788.00
  • Assessor Parcel Number: 27503307THWAYDALLASADELDESO50003

MLS Schools

  • School District: Adel-Desoto-Minburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2016
Sold by
Schwers Christopher J
Bought by
Schwers Christopher J and Peterson Joelle M
Current Estimated Value
$538,067

Purchase Details

Listed on
May 8, 2014
Closed on
Jul 21, 2014
Sold by
Rowland Andrew E
Bought by
Schwers Christopher J
Seller's Agent
Mike clark
RE/MAX Concepts
Buyer's Agent
Mike Hickman
Iowa Realty Valley West
List Price
$349,900
Sold Price
$335,000
Premium/Discount to List
-$14,900
-4.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.45%
Original Mortgage
$301,500
Outstanding Balance
$233,298
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$304,769

Purchase Details

Closed on
Oct 20, 2011
Sold by
Rowland Andrew E and Rowland Andrew D
Bought by
Rowland Andrew E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,600
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 3, 2007
Sold by
West Bank
Bought by
Rowland Andrew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,400
Interest Rate
6.3%
Mortgage Type
New Conventional
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
Schwers Christopher J -- None Available
Schwers Christopher J $335,000 None Available
Rowland Andrew E -- None Available
Rowland Andrew D $180,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Schwers Christopher J $70,000
Open Schwers Christopher J $301,500
Previous Owner Rowland Andrew E $146,200
Previous Owner Rowland Andrew $87,000
Previous Owner Rowland Andrew E $140,600
Previous Owner Rowland Andrew D $144,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2014 08/01/14 Sold $335,000 -4.3% $187 / Sq Ft
08/01/2014 08/01/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $349,900 -- $195 / 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 $4,862 $414,780 $137,380 $277,400
2022 $4,508 $363,900 $120,000 $243,900
2021 $4,508 $335,080 $120,000 $215,080
2020 $4,570 $313,370 $120,000 $193,370
2019 $4,852 $313,370 $120,000 $193,370
2018 $4,852 $316,040 $118,750 $197,290
2017 $4,246 $316,040 $118,750 $197,290
2016 $4,172 $267,660 $78,000 $189,660
2015 $4,040 $267,660 $0 $0
2014 $4,040 $199,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 435505

Des Moines Area Association of REALTORS®

APN: 15-03-200-014