NOT LISTED FOR SALE

503 Timberview Dr Adel, IA 50003

Estimated Value: $427,000 - $535,843

3 Beds
2 Baths
1,650 Sq Ft
$296/Sq Ft Est. Value

Last Sold May 04, 2017

Last sale price $329,500 $200 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,585/month

245 Days on Market

Highlights

  • Newly Remodeled
  • 0.54 Acre Lot
  • Wood Flooring
  • ADM Middle School Rated A-
  • Ranch Style House
  • 1 Fireplace

About This Home

As of May 2017

Greenland Homes Premier offers this Magnolia ranch plan on a walkout lot. This home features 3 spacious bedrooms, 3 bath areas and a convenient Mud Room and Laundry Room. Eat-in kitchen features hardwood floors, granite counter tops, beautiful slate appliances and sliders leading to a covered deck overlooking fully sodded yard. Great room features a gas fireplace. Walkout Lower level is stubbed for bath for future finish. NO closing costs, NO origination fees thru preferred lender. 2 year Builder Warranty. 7 year full tax abatement. Temporary housing available.

Last Agent to Sell the Property

Tammy Heckart

RE/MAX Concepts Listed on: 09/01/2016

RE/MAX Concepts

Last Buyer's Agent

Russell Downing

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 0.54 Acre Lot
  • Property is zoned Resd

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Stone Siding
  • Cement Board or Planked

Interior Spaces

  • 1,650 Sq Ft Home
  • 1 Fireplace
  • Shades
  • Unfinished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 3 Car Attached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Built by Greenland Homes

Listing and Financial Details

  • Assessor Parcel Number 11324304004

Home Details

Home Type

Single Family

Est. Annual Taxes

$25

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Homebuilder: Greenland Homes
  • Lp Amt Sq Ft: 199.39
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 199.70
  • Termite: New Construction
  • Year Built: 2016
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Fireplaces: 1
  • Interior Amenities: Carpeting, Hardwood Floors, Shades/Shutters, Smoke Detector, Tile Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Unfinished, Walkout
  • Dining Room: Eat In Kitchen
  • Included Items: Dishwasher, Microwave, Stove
  • Living Area Sq Ft: 1650
  • Total Sq Ft: 1650

Exterior Features

  • Exterior: Cement Board, Stone
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Concrete
  • Garage: 3 Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee Term: Year
  • Association Fee: No

Lot Info

  • Acres: 0.5400
  • Lot S F: 23318
  • Lot Shape: Regular
  • Assessor Parcel Number: 11324304004
  • Zoning: Resd

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

MLS Schools

  • School District: Adel-Desoto-Minburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2016
Closed on
May 3, 2017
Sold by
Premier Home Network Inc
Bought by
Menke Trisha A and Menke Nicholas J
Seller's Agent
Tammy Heckart
RE/MAX Concepts
Buyer's Agent
Russell Downing
Real Broker, LLC
List Price
$349,000
Sold Price
$329,500
Premium/Discount to List
-$19,500
-5.59%
Current Estimated Value
$489,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,711
Avg. Annual Appreciation
4.72%
Original Mortgage
$296,550
Outstanding Balance
$247,492
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$241,719

Purchase Details

Closed on
Jul 27, 2016
Sold by
Solid Ground Llc
Bought by
Premier Home Network Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,200
Interest Rate
3.56%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Menke Trisha A $329,500 None Available
Premier Home Network Inc $68,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menke Trisha A $296,550
Previous Owner Premier Home Network Inc $263,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2017 05/04/17 Sold $329,500 -5.6% $200 / Sq Ft
05/04/2017 05/04/17 Pending -- -- --
09/01/2016 09/01/16 For Sale $349,000 -- $212 / 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 $25 $487,860 $70,000 $417,860
2023 $25 $403,590 $70,000 $333,590
2022 $25 $306,120 $1,250 $304,870
2021 $0 $1,250 $1,250 $0
2020 $26 $1,250 $1,250 $0
2019 $26 $374,870 $70,000 $304,870
2018 $0 $374,870 $70,000 $304,870
2017 $0 $321,450 $70,000 $251,450
2016 $0 $1,250 $1,250 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Tammy Heckart

    RE/MAX

    (515) 599-8807

    4 in this area

    1,352 Total Sales

    Tammy Heckart
    Section Image

  • R

    Buyer's Agent in 2017

    Russell Downing

    Real Broker, LLC

See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 524837

Des Moines Area Association of REALTORS®

APN: 11-32-434-004

Iowa Dallas County Adel 50003

503 Timberview Dr, Adel, IA

Not Listed for Sale

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