NOT LISTED FOR SALE

619 S 4th St Adel, IA 50003

Estimated Value: $190,000 - $462,199

8 Acres
$49,840 Price per Acre
327,571 Sq Ft Lot

Last Sold December 18, 2018

Last sale price $97,200

Est. 286% increase in value since last sale

Current estimated payment $2,392/month

278 Days on Market

About This Lot

As of December 2018

Approximately 7 acres m/l in town that backs to the river what more could you ask for? This property has had dirt brought in and compacted for your dream home. Walk down to the river and camp on the sand bar or take kayak down the river. Close to Schools. This lot has had dirt brought in to get you out of the flood plain. 4 Parcels included with this sale. Bring your own builder or use Well Built Homes.

Last Agent to Sell the Property

Timothy Schutte

EXIT Realty & Associates Listed on: 02/21/2018

EXIT Realty & Associates

Co-Listed By

Inna Zimic

RE/MAX Precision

Last Buyer's Agent

Kathy Swanson

RE/MAX Concepts

RE/MAX Concepts

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $176

Year Built

  • 2020

Lot Details

  • 7.52

Additional Features

  • Electricity Available at Street
  • 7.52 Acre Lot
  • Natural Gas Connected

Listing and Financial Details

  • Assessor Parcel Number 1132231007

Property Details

Property Type

Land

Est. Annual Taxes

$176

Year Built

2020

Lot Details

0

Listing Details

  • Property Type: Land
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2020

Exterior Features

  • Street Feature: Asphalt

Utilities

  • Sewer: City
  • Water: City
  • Electricity: Street
  • Gas: Natural

Schools

  • School District: Adel-Desoto-Minburn

Lot Info

  • Acres: 7.5200
  • Lot S F: 41382
  • Lot Shape: Regular
  • Assessor Parcel Number: 1132231007
  • Zoning: R

Tax Info

  • Gross Taxes: 176.00
  • Net Taxes: 176.00
  • Tax Year: 2017

MLS Schools

  • School District: Adel-Desoto-Minburn

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2018
Closed on
Dec 17, 2018
Sold by
Welshons James L and Welshons Jan M
Bought by
Frazier Justin D and Frazier Jessica L
Seller's Agent
Timothy Schutte
EXIT Realty & Associates
Buyer's Agent
Kathy Swanson
RE/MAX Concepts
List Price
$149,900
Sold Price
$97,200
Premium/Discount to List
-$52,700
-35.16%
Total Days on Market
278
Current Estimated Value
$374,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,600
Avg. Annual Appreciation
22.88%
Original Mortgage
$72,900
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 12, 2013
Sold by
Valley Plbg Co Inc
Bought by
Welshons James L and Welshones Jan M

Purchase Details

Closed on
Jan 28, 2013
Sold by
Sisters Two Llc
Bought by
Valley Plbg Co Inc
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
Frazier Justin D $97,500 None Available
Welshons James L $30,000 None Available
Welshons James L $30,000 None Available
Valley Plbg Co Inc $35,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frazier Justin D $291,200
Closed Frazier Justin D $327,600
Closed Frazier Justin D $72,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2018 12/18/18 Sold $97,200 -35.2% --
11/26/2018 11/26/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $149,900 -- --
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 $3,450 $413,950 $55,000 $358,950
2022 $1,760 $172,890 $30,000 $142,890
2021 $1,760 $88,940 $17,500 $71,440
2020 $104 $5,000 $5,000 $0
2019 $110 $5,000 $5,000 $0
2018 $110 $5,000 $5,000 $0
2017 $108 $5,000 $5,000 $0
2016 $126 $5,960 $5,960 $0
2015 $126 $5,960 $0 $0
2014 $126 $5,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 555422

Des Moines Area Association of REALTORS®

APN: 11-32-231-007