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24973 Ridge Rd

Adel, IA 50003

5 bd 5 ba 3,714 sqft Built 2010 Lot 923,472 sqft single_family
Most recent sale
$2,625,000
Nov 15, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 15, 2023 Sold $2,625,000 DesMoines
Aug 14, 2023 Listed $2,800,000 DesMoines
Nov 27, 2018 Sold $1,599,875 Public Record
Nov 21, 2018 Sold $1,600,000 DesMoines
May 24, 2018 Listed $1,800,000 DesMoines

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $1,643,410 $400,000 $2,043,410 $23,200
2022 $1,409,700 $338,250 $1,747,950 $21,504
2021 $1,271,840 $338,250 $1,610,090 $22,274
2020 $1,169,340 $338,250 $1,507,590 $19,808
2019 $1,030,490 $338,250 $1,368,740 $17,468
2018 $832,630 $308,000 $1,140,630 $17,304
2017 $832,630 $308,000 $1,140,630 $17,870
2016 $846,330 $280,700 $1,127,030 $17,594
2015 $846,330 $280,700 $1,127,030 $17,528
2014 $846,330 $280,700 $1,127,030 $16,860
2012 $850,250 $281,490 $1,131,740 $16,458
2011 $850,250 $281,490 $1,131,740 $7,988
2010 $300,000 $269,920 $569,920 $62
2009 $4,470 $4,470 $60
2008 $4,470 $4,470 $120

Property facts

Year built
2010
Property type
single_family
Stories
Beds
5
Baths
5
Living area
3,714 sqft
Lot size
923,472 sqft
ZIP code
50003
City
Adel
Street
Ridge Rd
Coordinates
41.62647, -93.99342

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
$15,750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 24973 Ridge Rd last sell?
24973 Ridge Rd most recently sold on Nov 15, 2023 for $2,625,000.
What is the current tax assessment for 24973 Ridge Rd?
The most recent total assessment for 24973 Ridge Rd (year 2023) is $2,043,410 with $23,200 in property tax.
How does 24973 Ridge Rd's assessment compare to its last sale price?
The current assessment is 22.2% below the last sale price of $2,625,000.
When was 24973 Ridge Rd built?
24973 Ridge Rd was built in 2010.
How does 24973 Ridge Rd compare to others on Ridge Rd?
We track 4 other properties on Ridge Rd. Browse the list under "Other properties on Ridge Rd" to compare beds, baths, and sale history.
What are the property facts for 24973 Ridge Rd?
24973 Ridge Rd is a 5 bed, 5 bath, 3,714 sqft, 923,472 sqft lot single_family.
Is 24973 Ridge Rd a flip candidate?
No — 24973 Ridge Rd does not appear in our flips dataset.
Is 24973 Ridge Rd a tax-appeal candidate?
No — 24973 Ridge Rd 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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