Sold Nov 06, 2019
$225,000
Buyer
Seller
$220,924
by Plains Commerce Bank
Mortgage Due Dec 01, 2049
Sold Oct 01, 2014
$103,500
Buyer
Seller
$77,625
by Lincoln Savings Bank
Mortgage
1118 Rapids Street in Adel, IA was first built in 1905 and is 119 years old.
This has been categorized as a residential property type.
For those interested in architecture, the building on the property was built in a bi-level style.
There are a total of 2 floors.
There are a total of 7 rooms in the home, of which, 3 are bedrooms.
In terms of bathrooms, there are a total of 2 full bathrooms.
There are 2 partial bathrooms.
1118 Rapids Street has 1,718 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage.
The basement is 554 sqft and has been categorized as a full basement with daylight.
The linear feet across the front of the lot is 830 ft and the linear feet between the front and back of the lot is 1,320.
In total, the area measurement of the land is 10,956 square feet.
Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of asphalt. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a detached garage. The garage is 480 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of wood. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1118 Rapids Street sold most recently in Nov 3, 2019 for a total of $225,000. If you work out the math, that's approximately a cost of $99.03 per sqft. Before that, the property was also sold for $103,500 in Sep 29, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,294 in taxes each year. 1118 Rapids Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $304,870. If we break it down further, the land itself was valued at $37,350. Improvements to the property, however, were assessed at a total of $267,520. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of asphalt. Water for the property is sourced from a municipal system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a detached garage. The garage is 480 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The condition of the building has been evaluated as excellent. The exterior walls of the home are made of wood. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1118 Rapids Street sold most recently in Nov 3, 2019 for a total of $225,000. If you work out the math, that's approximately a cost of $99.03 per sqft. Before that, the property was also sold for $103,500 in Sep 29, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,294 in taxes each year. 1118 Rapids Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $304,870. If we break it down further, the land itself was valued at $37,350. Improvements to the property, however, were assessed at a total of $267,520. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
Building Features
Driveway
Driveway
This property description is generated based on publicly available data.