NOT LISTED FOR SALE

28803 Frost Ln Adel, IA 50003

Estimated Value: $864,000 - $990,000

0.51 Acre
$1,800,353 Price per Acre
22,216 Sq Ft Lot

Last Sold March 16, 2018

Last sale price $72,225

Est. 1,171% increase in value since last sale

Current estimated payment $5,783/month

1,015 Days on Market

About This Lot

As of March 2018

You must check out this one of a kind Development in Adel. Located just 1/2 mile from Hickman Road, Bear Estates Plat 2 provides residence with a quick commute to Waukee and West Des Moines, yet the seclusion of the country. Lot #10 is 0.51 acres. Any home built in Bear Estates Plat 2 qualifies for the 7 year tax abatement. All lots in Bear Estates Plat 2 have rural water and electric is already ran. Bring your own builder or ask listing agent about Behr Construction Homes. Development will have direct access to the Raccoon River Valley Bike Trail. Seller is offering $5,000 at closing to go toward septic system costs.

Last Agent to Sell the Property

Shawnda Behr

BH&G Real Estate Innovations Listed on: 04/24/2015

BH&G Real Estate Innovations

Last Buyer's Agent

Amra Dizdarevic

RE/MAX Concepts

RE/MAX Concepts

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,358

Lot Details

  • 0.51 Acre Lot
  • Level Lot
  • Property is zoned Res.

Utilities

  • Natural Gas Not Available
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1128401009

Property Details

Property Type

Land

Est. Annual Taxes

$9,358

Lot Details

0

Listing Details

  • Property Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer: Septic
  • Water: Rural
  • Electricity: Lot
  • Gas: None

Schools

  • School District: Adel-Desoto-Minburn

Lot Info

  • Acres: 0.5100
  • Lot Num: 10
  • Lot S F: 22219
  • Lot Shape: Regular
  • Lot Type: Flat
  • Assessor Parcel Number: 1128401009
  • Zoning: Res.

Tax Info

  • Assessor Parcel Number: 28803FROSTLNDALLASADELDESO50003

MLS Schools

  • School District: Adel-Desoto-Minburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2021
Sold by
Alimanovic Nurija and Alimanovic Admira
Bought by
Alimanovic Nurija and Alimanovic Admira
Current Estimated Value
$918,180

Purchase Details

Closed on
May 15, 2019
Sold by
Alimanovic Nurija and Alimanovic Admira
Bought by
Alimanovic Nurija and Alimanovic Admira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Outstanding Balance
$389,311
Interest Rate
4%
Mortgage Type
Construction
Estimated Equity
$528,869

Purchase Details

Listed on
Apr 24, 2015
Closed on
Mar 13, 2018
Sold by
Behr Construction Homes Llc
Bought by
Alimanovic Nurija and Alimanovic Admire
Seller's Agent
Shawnda Behr
BH&G Real Estate Innovations
Buyer's Agent
Amra Dizdarevic
RE/MAX Concepts
List Price
$71,550
Sold Price
$72,225
Premium/Discount to List
$675
0.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.74%
Original Mortgage
$43,434
Interest Rate
4.22%
Mortgage Type
Construction
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
Alimanovic Nurija -- None Available
Alimanovic Nurija -- None Available
Alimanovic Nurija $72,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alimanovic Nurija $440,000
Closed Alimanovic Nurija $43,434
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2018 03/16/18 Sold $72,225 +0.9% --
02/02/2018 02/02/18 Pending -- -- --
04/24/2015 04/24/15 For Sale $71,550 -- --
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 $9,358 $841,370 $70,000 $771,370
2022 $6,196 $469,020 $52,790 $416,230
2021 $6,196 $313,060 $35,570 $277,490
2020 $22 $157,100 $18,360 $138,740
2019 $18 $980 $980 $0
2018 $22 $800 $800 $0
2017 $20 $800 $800 $0
2016 $0 $630 $630 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 453017

Des Moines Area Association of REALTORS®

APN: 11-28-401-009