NOT LISTED FOR SALE

32229 S Ave Adel, IA 50003

Estimated Value: $636,000 - $746,000

5.75 Acres
$118,406 Price per Acre
250,470 Sq Ft Lot

Last Sold August 07, 2023

Last sale price $625,000 $334 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,947/month

15 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Eat-In Kitchen
  • Van Meter Elementary School Rated A
  • No HOA
  • Central Air

About This Lot

As of August 2023

Beautiful ranch home on 5.75 acres just outside Waukee! Majestic mature trees surround this estate with curved driveway and expansive manicured flat grounds all around the home. Property also includes a 40'x60' 3-bay Morton building - perfect for shop hobbies and extra toys and storage. A two car garage is next to the home as well. Inside you'll find a large great room with gas log fireplace and bright windows. The eat-in kitchen includes a large eating area with large windows overlooking a huge deck and views to the rear end, a center island plus many cupboards have custom pullout shelving. There is a 1/2 bath off the kitchen area. Down the hall are two generous bedrooms and the master suite includes a walk-in closet, 3/4 bath and dressing area. Convenient main level laundry completes the main floor. Lower level is unfinished storage area with lots of room. Strong anchored walls were installed 30 years ago. Just a fabulous ranch acreage - a must see!!

Last Agent to Sell the Property

Bob Seeley

Iowa Realty Mills Crossing Listed on: 06/05/2023

Iowa Realty Mills Crossing

Last Buyer's Agent

Gina Swanson

Century 21 Signature

Century 21 Signature

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,219

Year Built

  • Built in 1978

Lot Details

  • 5.75 Acre Lot
  • Irregular Lot

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,873 Sq Ft Home
  • Screen For Fireplace
  • Gas Log Fireplace
  • Family Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Utilities

  • Central Air
  • Heating System Powered By Owned Propane
  • Heating System Uses Propane
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 1511100004

Community Details

Overview

  • No Home Owners Association

Recreation

  • Deck

Property Details

Property Type

Land

Est. Annual Taxes

$4,219

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: Ranch
  • Architecture: Traditional
  • Lp Amt Sq Ft: 371.06
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 333.69
  • Termite: Call Listing Agent
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Fireplace: Gas Log
  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry, Carpeting, Fireplace Screen, Vinyl Floors
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Unfinished
  • Dining Room: Eat In Kitchen
  • Family Room: 1st Floor
  • Included Items: Cooktop, Dishwasher, Dryer, Washer
  • Living Area Sq Ft: 1873
  • Total Sq Ft: 1873

Exterior Features

  • Exterior: Brick
  • Exterior Features: Deck
  • Foundation: Block
  • Roof: Asphalt Shingle
  • Street Feature: Gravel
  • Trim: Oak

Garage/Parking

  • Driveway: Gravel
  • Garage Sq Ft: 768
  • Garage: 2 Detached
  • Garage Parking Stalls: 2

Utilities

  • Sewer: Septic
  • Water: Rural
  • Air Conditioner: Central
  • Heat: Propane

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 5.7500
  • Lot S F: 250470
  • Lot Shape: Irregular
  • Assessor Parcel Number: 1511100004
  • 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

Tax Info

  • Gross Taxes: 4219.00
  • Net Taxes: 4106.00

MLS Schools

  • School District: Van Meter

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Aug 3, 2023
Sold by
James Robert Arrasmith Revocable Trust
Bought by
Grimm Matt and Grimm Lisa
Seller's Agent
Bob Seeley
Iowa Realty Mills Crossing
Buyer's Agent
Gina Swanson
Century 21 Signature
List Price
$695,000
Sold Price
$625,000
Premium/Discount to List
-$70,000
-10.07%
Views
50
Current Estimated Value
$680,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,833
Avg. Annual Appreciation
3.65%
Original Mortgage
$593,750
Outstanding Balance
$578,065
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$102,768

Purchase Details

Listed on
Jun 5, 2023
Closed on
Jul 5, 2023
Sold by
James Robert Arrasmith Revocable Trust and Arrasmith James Robert
Bought by
Arrasmith James
Seller's Agent
Bob Seeley
Iowa Realty Mills Crossing
Buyer's Agent
Gina Swanson
Century 21 Signature
List Price
$695,000
Sold Price
$625,000
Premium/Discount to List
-$70,000
-10.07%
Views
50

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$593,750
Outstanding Balance
$578,065
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$102,768

Purchase Details

Closed on
Dec 16, 2021
Sold by
Arrasmith James R
Bought by
James Robert Arrasmith Revocable Trust
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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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
Grimm Matt $625,000 None Listed On Document
Grimm Matt $625,000 None Listed On Document
Arrasmith James -- None Listed On Document
James Robert Arrasmith Revocable Trust -- None Listed On Document
James Robert Arrasmith Revocable Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grimm Matt $593,750
Closed Grimm Matt $593,750
Closed James Robert Arrasmith Revocable Trust $320,000
Closed James Robert Arrasmith Revocable Trust $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/07/2023 08/07/23 Sold $625,000 -10.1% $334 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $695,000 -- $371 / 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 $4,562 $725,030 $184,130 $540,900
2024 $4,632 $456,710 $156,510 $300,200
2023 $4,632 $430,150 $156,510 $273,640
2022 $4,106 $374,190 $123,750 $250,440
2021 $4,106 $334,950 $123,750 $211,200
2020 $4,084 $317,150 $123,750 $193,400
2019 $4,152 $317,150 $123,750 $193,400
2018 $4,152 $308,400 $123,750 $184,650
2017 $4,118 $308,400 $123,750 $184,650
2016 $3,908 $278,190 $80,000 $198,190
2015 $3,892 $278,210 $0 $0
2014 $3,892 $278,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 674691

Des Moines Area Association of REALTORS®

APN: 15-11-100-004