NOT LISTED FOR SALE

29353 Prospect Cir Adel, IA 50003

Estimated Value: $425,000 - $531,000

4.71 Acres
$101,074 Price per Acre
205,168 Sq Ft Lot

Last Sold March 24, 2023

Last sale price $450,000 $303 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,822/month

8 Days on Market

Highlights

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

About This Lot

As of March 2023

This acreage ranch property is situated on 4.71 acres in a great country setting just east of Adel. The open floor plan features surprising amount of living space with a large family room with cozy fireplace and built-ins. The kitchen has lots of cabinets with newer appliances. Walkout lower level offers an additional family room area with wood stove as well as potential for a 2nd kitchen. Step outside and you'll find yourself surrounded by the natural beauty of the property, the private setting is perfect for outdoor activities. The property also includes a building previously used as a dog kennel and 20x36 storage building. Although the property could use some updating, it has been well-maintained. This has the potential to become your dream home. Very convenient location with minimal gravel offers easy commute to the metro area. All information obtained from seller and public records.

Last Agent to Sell the Property

Julianna Cullen

RE/MAX Precision Listed on: 02/23/2023

Co-Listed By

Kevin Howe

RE/MAX Precision

Last Buyer's Agent

Julianna Cullen

RE/MAX Precision Listed on: 02/23/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,768

Year Built

  • Built in 1973

Lot Details

  • 4.71 Acre Lot
  • Property is zoned AG

Home Design

  • Ranch Style House
  • Poured Concrete
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,484 Sq Ft Home
  • Electric Fireplace
  • Drapes & Rods
  • Dining Area
  • Carpet
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Rural Water
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1133400014

Community Details

Overview

  • No Home Owners Association

Recreation

  • Patio

Property Details

Property Type

Land

Est. Annual Taxes

$3,768

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: Ranch
  • Lp Amt Sq Ft: 303.23
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 303.23
  • Termite: Follow Showing Instructions
  • Year Built: 1973
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Fireplace: Electric
  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry, Carpeting, Drapes/Curtains, Smoke Detector
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath Lower: 1
  • Basement Description: Finished, Walkout
  • Dining Room: Dining Areas, Eat In Kitchen
  • Included Items: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1484
  • Total Sq Ft: 1484

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Open Patio
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Gravel

Garage/Parking

  • Driveway: Gravel
  • Garage: 2 Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 4.7100
  • Assessor Parcel Number: 1133400014
  • 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: 3768.00
  • Net Taxes: 3648.00

MLS Schools

  • School District: Adel-Desoto-Minburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2023
Closed on
Mar 24, 2023
Sold by
Adams Harold
Bought by
Cheers Llc
Seller's Agent
Julianna Cullen
RE/MAX Precision
Buyer's Agent
Julianna Cullen
RE/MAX Precision
List Price
$450,000
Sold Price
$450,000
Views
16
Current Estimated Value
$476,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,059
Avg. Annual Appreciation
1.99%
Original Mortgage
$300,000
Outstanding Balance
$277,537
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$198,522
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Cheers Llc $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheers Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2023 03/24/23 Sold $450,000 0.0% $303 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
02/23/2023 02/23/23 For Sale $450,000 -- $303 / 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
2025 $4,200 $424,450 $178,500 $245,950
2024 $3,938 $392,400 $151,730 $240,670
2023 $3,938 $354,180 $142,160 $212,020
2022 $3,648 $307,520 $121,250 $186,270
2021 $3,648 $283,980 $121,250 $162,730
2020 $3,730 $268,210 $121,250 $146,960
2019 $3,408 $268,210 $121,250 $146,960
2018 $3,408 $234,270 $101,250 $133,020
2017 $2,232 $234,270 $101,250 $133,020
2016 $2,194 $152,580 $33,750 $118,830
2015 $2,186 $152,580 $0 $0
2014 $2,186 $152,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 668057

Des Moines Area Association of REALTORS®

APN: 11-33-400-014