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516 12th St

Adel, IA 50003

2 bd 1 ba 1,028 sqft Built 1981 Lot 4,051 sqft townhomes
Most recent sale
$85,000
Dec 22, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 1, 2025 Sold $105,000 DesMoines
Dec 22, 2021 Sold $85,000 MLS #634619
Oct 21, 2021 Price changed $99,999 MLS #634619
Sep 8, 2021 Price changed $105,000 MLS #634619
Aug 23, 2021 Price changed $110,000 MLS #634619
Aug 2, 2021 Listed $115,000 MLS #634619
Jun 8, 1993 Sold $34,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $116,510 $12,880 $129,390 $2,120
2024 $116,510 $12,880 $129,390 $2,132
2023 $112,230 $10,610 $122,840 $1,934
2022 $86,310 $10,610 $96,920 $1,558
2021 $77,070 $10,610 $87,680 $1,578
2020 $71,970 $10,610 $82,580 $1,540
2019 $71,970 $10,610 $82,580 $1,546
2018 $68,730 $10,610 $79,340 $1,516
2017 $68,730 $10,610 $79,340 $1,374
2016 $62,590 $9,970 $72,560 $1,346
2015 $62,590 $9,970 $72,560 $1,352
2014 $62,590 $9,970 $72,560 $1,284
2012 $63,290 $9,970 $73,260 $1,286
2011 $63,290 $9,970 $73,260 $1,248
2010 $63,290 $9,970 $73,260 $1,210
2009 $63,290 $9,970 $73,260 $1,252
2008 $67,130 $10,610 $77,740 $1,220
2007 $67,130 $5,482 $72,612 $1,010

Property facts

Year built
1981
Property type
townhomes
Stories
2
Beds
2
Baths
1
Living area
1,028 sqft
Lot size
4,051 sqft
ZIP code
50003
City
Adel
Street
12th St
Coordinates
41.61240, -94.02326

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$510
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 516 12th St last sell?
516 12th St most recently sold on Dec 22, 2021 for $85,000.
What is the current tax assessment for 516 12th St?
The most recent total assessment for 516 12th St (year 2025) is $129,390 with $2,120 in property tax.
How does 516 12th St's assessment compare to its last sale price?
The current assessment is 52.2% above the last sale price of $85,000.
When was 516 12th St built?
516 12th St was built in 1981.
How does 516 12th St compare to others on 12th St?
We track 8 other properties on 12th St. Browse the list under "Other properties on 12th St" to compare beds, baths, and sale history.
What are the property facts for 516 12th St?
516 12th St is a 2 bed, 1 bath, 1,028 sqft, 4,051 sqft lot townhomes.
Is 516 12th St a flip candidate?
No — 516 12th St does not appear in our flips dataset.
Is 516 12th St a tax-appeal candidate?
No — 516 12th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-3.3%
Implied 1-yr
-13.2%
2026 Q3
$336.7K
2026 Q4
$327.3K
ZIP 50003 — Median Price History + Forecast

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