1048 Shelby Dr
Adel, IA 50003
5 bd 4 ba 3,587 sqft Built 2017 Lot 13,955 sqft single_family
Most recent sale
$560,000
Sep 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 1, 2022 | Sold | $560,000 | MLS #653072 |
| Jul 14, 2022 | Price changed | $575,000 | MLS #653072 |
| Jun 24, 2022 | Price changed | $594,000 | MLS #653072 |
| Jun 21, 2022 | Price changed | $599,000 | MLS #653072 |
| Jun 13, 2022 | Price changed | $615,000 | MLS #653072 |
| May 31, 2022 | Listed | $625,000 | MLS #653072 |
| Nov 17, 2017 | Sold | $445,474 | MLS #540392 |
| May 25, 2017 | Listed | $430,000 | MLS #540392 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $390,970 | $75,000 | $465,970 | $436 |
| 2024 | $390,970 | $75,000 | $465,970 | $12 |
| 2018 | $366,410 | $75,000 | $441,410 | $16 |
Property facts
Year built
2017
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,587 sqft
Lot size
13,955 sqft
ZIP code
50003
City
Adel
Street
Shelby Dr
Coordinates
41.60183, -94.02071
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,381
Gross rental yield
11.53%
Implied cap rate
7.49%
Trend-extrapolated value
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Frequently asked questions
When did 1048 Shelby Dr last sell?
1048 Shelby Dr most recently sold on Sep 1, 2022 for $560,000.
What is the current tax assessment for 1048 Shelby Dr?
The most recent total assessment for 1048 Shelby Dr (year 2025) is $465,970 with $436 in property tax.
How does 1048 Shelby Dr's assessment compare to its last sale price?
The current assessment is 16.8% below the last sale price of $560,000.
When was 1048 Shelby Dr built?
1048 Shelby Dr was built in 2017.
How does 1048 Shelby Dr compare to others on Shelby Dr?
We track 8 other properties on Shelby Dr. Browse the list under "Other properties on Shelby Dr" to compare beds, baths, and sale history.
What are the property facts for 1048 Shelby Dr?
1048 Shelby Dr is a 5 bed, 4 bath, 3,587 sqft, 13,955 sqft lot single_family.
Is 1048 Shelby Dr a flip candidate?
No — 1048 Shelby Dr does not appear in our flips dataset.
Is 1048 Shelby Dr a tax-appeal candidate?
No — 1048 Shelby Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly 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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