NOT LISTED FOR SALE

28827 Frost Ln Adel, IA 50003

Estimated Value: $584,000 - $732,000

0.52 Acre
$1,280,946 Price per Acre
22,651 Sq Ft Lot

Last Sold June 29, 2018

Last sale price $65,000

Est. 925% increase in value since last sale

Current estimated payment $3,741/month

1,162 Days on Market

About This Lot

As of June 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 #8 is 0.52 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. 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

Pennie Carroll

Pennie Carroll & Associates

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23

Year Built

  • 2018

Lot Details

  • 0.52 Acre Lot
  • Level Lot

Utilities

  • Natural Gas Not Available
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1128401011

Property Details

Property Type

Land

Est. Annual Taxes

$23

Year Built

2018

Lot Details

0

Listing Details

  • Property Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2018

Exterior Features

  • Street Feature: Concrete

Utilities

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

Schools

  • School District: Adel-Desoto-Minburn

Lot Info

  • Acres: 0.5200
  • Lot Num: 8
  • Lot S F: 22494
  • Lot Shape: Regular
  • Lot Type: Flat
  • Assessor Parcel Number: 1128401011
  • Zoning: Res

Tax Info

  • Assessor Parcel Number: 28827FROSTLNDALLASADELDESO50003

MLS Schools

  • School District: Adel-Desoto-Minburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2015
Closed on
Jun 27, 2018
Sold by
Behr Construction Homes Llc
Bought by
Yingling Marc and Yingling Rebekka
Seller's Agent
Shawnda Behr
BH&G Real Estate Innovations
Buyer's Agent
Pennie Carroll
Pennie Carroll & Associates
List Price
$70,225
Sold Price
$65,000
Premium/Discount to List
-$5,225
-7.44%
Total Days on Market
1162
Current Estimated Value
$666,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$601,092
Avg. Annual Appreciation
39.77%
Original Mortgage
$374,000
Interest Rate
4.5%
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
Yingling Marc $65,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yingling Marc C $112,309
Open Yingling Marc $391,000
Closed Yingling Marc $374,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2018 06/29/18 Sold $65,000 -7.4% --
06/29/2018 06/29/18 Pending -- -- --
04/24/2015 04/24/15 For Sale $70,225 -- --
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 $23 $491,300 $70,180 $421,120
2022 $23 $422,290 $1,170 $421,120
2021 $0 $1,170 $1,170 $0
2020 $22 $1,170 $1,170 $0
2019 $18 $491,120 $70,000 $421,120
2018 $22 $810 $810 $0
2017 $22 $810 $810 $0
2016 $0 $640 $640 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 453011

Des Moines Area Association of REALTORS®

APN: 11-28-401-011