NOT LISTED FOR SALE

501 Broad St Adair, IA 50002

Estimated Value: $186,224 - $225,000

4 Beds
2 Baths
1,401 Sq Ft
$141/Sq Ft Est. Value

Last Sold August 11, 2023

Last sale price $180,000 $128 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,304/month

462 Days on Market

Highlights

  • Farmhouse Style Home
  • Forced Air Heating and Cooling System
  • 2-minute walk to Adair City Park
  • No HOA
  • Electric Fireplace

About This Home

As of August 2023

Motivated Seller!! Eager for an Offer!! Offering for sale a unique opportunity! The Fett Guest House has served Adair as a place to house Families and Visitors for several years. This home could continue to be used this way and fulfill your Air B&B or VRBO Dream! Adair has several wedding venues that bring people to the community on a regular basis. For this reason, this home is being offered Fully Furnished!
However, if that is not your dream, this would make a great home for you and your family! Completely stripped to the studs and remodeled in 2017, this home has all new insulation, wiring, drywall, HVAC and exterior. The main floor features a formal entry with pocket doors leading to the living room separated from the dining area by original colonnades. There is a large kitchen and a bedroom with full bath and laundry. The second floor boasts 3 bedrooms and a full bath.

Last Agent to Sell the Property

Matthew Wedemeyer

Wedemeyer Auction and Realty Listed on: 02/20/2023

Co-Listed By

Bret Wedemeyer

Wedemeyer Auction and Realty

Last Buyer's Agent

Matthew Wedemeyer

Wedemeyer Auction and Realty Listed on: 02/20/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,602

Year Built

  • Built in 1911

Lot Details

  • 8,349 Sq Ft Lot
  • Lot Dimensions are 60.5 x 138

Home Design

  • Farmhouse Style Home
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,401 Sq Ft Home
  • 1.5-Story Property
  • Electric Fireplace
  • Drapes & Rods
  • Unfinished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 0104283008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,602

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: 1.5 Story
  • Architecture: Farmhouse
  • Lp Amt Sq Ft: 142.68
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 128.48
  • Year Built: 1911
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Electric
  • Interior Amenities: 1st Flr Laundry, Drapes/Curtains
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 928
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1401
  • Total Sq Ft: 1401

Exterior Features

  • Foundation: Concrete Block
  • Roof: Asphalt Shingle

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Adair-Casey

Lot Info

  • Acres: 0.1900
  • Lot S F: 8349
  • Lot Shape: Regular
  • Lot Size: 60.5 x 138
  • Assessor Parcel Number: 0104283008
  • Zoning: Resid

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: 1602.00
  • Net Taxes: 1602.00
  • Tax Year: 2020

MLS Schools

  • School District: Adair-Casey

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2014
Sold by
Mills Cindy and Mills Barry
Bought by
Fett Marvin L and Joann Fett A
Current Estimated Value
$198,056
Source: Public Records

Range of Values:

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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
Fett Marvin L $10,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2023 08/11/23 Sold $180,000 -10.0% $128 / Sq Ft
06/25/2023 06/25/23 Price Changed $199,900 -11.2% $143 / Sq Ft
02/20/2023 02/20/23 Price Changed $225,000 0.0% $161 / Sq Ft
02/20/2023 02/20/23 For Sale $225,000 +25.0% $161 / Sq Ft
11/05/2022 11/05/22 Off Market $180,000 -- --
05/06/2022 05/06/22 For Sale $275,000 -- $196 / 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
2024 $2,812 $158,110 $12,340 $145,770
2023 $1,770 $132,000 $12,340 $119,660
2022 $1,684 $86,480 $7,410 $79,070
2021 $1,684 $86,480 $7,410 $79,070
2020 $1,590 $78,950 $7,410 $71,540
2019 $382 $0 $0 $0
2018 $368 $0 $0 $0
2017 $316 $15,553 $0 $0
2016 $314 $15,553 $4,447 $11,106
2015 $314 $35,752 $0 $0
2014 $728 $35,752 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 651448

Des Moines Area Association of REALTORS®

APN: 01-04-283-008