NOT LISTED FOR SALE

28791 Frost Ln Adel, IA 50003

Estimated Value: $468,000 - $664,000

4 Beds
3.5 Baths
2,000 Sq Ft
$280/Sq Ft Est. Value

Last Sold October 13, 2017

Last sale price $453,061 $227 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,148/month

92 Days on Market

Highlights

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

About This Home

As of October 2017

24-HOUR SALE. Custom built ranch by Happe Homes.

Last Agent to Sell the Property

Chris Albright

RE/MAX Precision Listed on: 03/01/2017

RE/MAX Precision

Co-Listed By

Brandon Winn

Iowa Realty Mills Crossing

Last Buyer's Agent

Chris Albright

RE/MAX Precision Listed on: 03/01/2017

RE/MAX Precision

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26

Year Built

  • Built in 2017

Lot Details

  • 0.57

Home Design

  • 2,000 Sq Ft Home
  • Ranch Style House
  • Frame Construction
  • Asphalt Shingled Roof

Bedrooms and Bathrooms

Parking

  • 3 Car Attached Garage
  • Driveway

Additional Features

  • 0.57 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Built by Happe Homes

Listing and Financial Details

  • Assessor Parcel Number 1128401008

Home Details

Home Type

Single Family

Est. Annual Taxes

$26

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Homebuilder: Happe Homes
  • Lp Amt Sq Ft: 214.20
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 226.53
  • Year Built: 2017
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 4.00
  • Full Bathrooms: 3
  • First Floor Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Basement Description: Partial Finished
  • Sq Ft Bsmt: 2000
  • Living Area Sq Ft: 2000
  • Total Sq Ft: 2000

Exterior Features

  • Exterior: Frame
  • 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: No

Schools

  • School District: Adel-Desoto-Minburn

Lot Info

  • Acres: 0.5700
  • Lot S F: 24678
  • Assessor Parcel Number: 1128401008
  • Zoning: RES

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

MLS Schools

  • School District: Adel-Desoto-Minburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
Oct 2, 2017
Sold by
Happe Homes Llp
Bought by
Menz Joshua K and Menz Breck A
Seller's Agent
Chris Albright
RE/MAX Precision
Buyer's Agent
Chris Albright
RE/MAX Precision
List Price
$428,401
Sold Price
$453,061
Premium/Discount to List
$24,660
5.76%
Total Days on Market
92
Current Estimated Value
$560,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,456
Avg. Annual Appreciation
2.58%
Original Mortgage
$407,754
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 24, 2015
Closed on
Apr 12, 2017
Sold by
Behr Construction Homes Llc
Bought by
Happe Homes Llp
Seller's Agent
Shawnda Behr
BH&G Real Estate Innovations
Buyer's Agent
Chris Albright
RE/MAX Precision
List Price
$69,748
Sold Price
$69,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4454.26%
Original Mortgage
$600,000
Interest Rate
4.1%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Menz Joshua K $453,500 None Available
Happe Homes Llp $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menz Joshua K $50,000
Open Menz Joshua K $392,500
Closed Menz Joshua K $392,500
Closed Menz Joshua K $407,754
Previous Owner Happe Homes Llp $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2017 10/13/17 Sold $453,061 +549.6% $227 / Sq Ft
06/01/2017 06/01/17 Pending -- -- --
04/17/2017 04/17/17 Sold $69,748 -83.7% $35 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
03/01/2017 03/01/17 For Sale $428,401 +514.2% $214 / Sq Ft
04/24/2015 04/24/15 For Sale $69,748 -- $35 / 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 $26 $435,210 $70,000 $365,210
2022 $26 $366,500 $1,290 $365,210
2021 $26 $1,290 $1,290 $0
2020 $24 $1,290 $1,290 $0
2019 $20 $435,020 $69,810 $365,210
2018 $26 $434,820 $69,610 $365,210
2017 $24 $900 $900 $0
2016 $0 $710 $710 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 533389

Des Moines Area Association of REALTORS®

APN: 11-28-401-008