NOT LISTED FOR SALE

101 E 1st St Madrid, IA 50156

Estimated Value: $254,635 - $281,000

4 Beds
2.5 Baths
1,430 Sq Ft
$186/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $225,000 $157 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,741/month

1 Day on Market

Highlights

  • Engineered Wood Flooring
  • Patio
  • Forced Air Heating and Cooling System
  • 2 Car Attached Garage
  • 1-Story Property
  • Ceiling Fan

About This Home

As of May 2022

Rustic, cozy and welcoming! An original stained glass window greets you at the front door of this 4 bedroom, 3 bath home and leads into a large living room and formal dining area, updated kitchen with painted cabinets, backsplash and stainless steel appliances. Large master bedroom with ample closet space, updated full bath, and 2 additional bedrooms with new jack-and-jill half bath to round out the main floor. The lower level offers a large family room (studded and ready to be finished!), 4th bedroom and utility room with laundry and 3/4 bath. 2 additional rooms provide plenty of space for crafting, storage or even finish for an office! Conveniently located in Madrid within walking distance to Madrid Elementary, parks & the High Trestle Trail entrance.

Last Agent to Sell the Property

Kim Olmstead

Agency Iowa License #S66194 Listed on: 03/31/2022

Last Buyer's Agent

Kim Olmstead

Agency Iowa License #S66194 Listed on: 03/31/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,920

Year Built

  • Built in 1922

Lot Details

  • 8,712 Sq Ft Lot
  • Property is zoned City

Parking

  • 2 Car Attached Garage

Home Design

  • Block Foundation

Interior Spaces

  • 1,430 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 088226361186046

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,920

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Directions: Hwy 17 to Hwy 210/E First Street. West to property on north side of road. Owner: Knutsen Home Phone:
  • Above Grade Finished Sq Ft: 1430.0
  • Architectural Style: 1 Story
  • Garage Yn: Yes
  • Year Built: 1922
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Floor:Carpet: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Features:Ceiling Fan(s): Yes
  • Foundation:Concrete Block: Yes
  • Floor:Engineered: Yes
  • Exterior:Aluminum: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Has Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Engineered, Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Basement:Full2: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Features:Main Floor Bedroom: Yes

Exterior Features

  • Construction Type: Aluminum
  • Foundation Details: Block
  • Patio And Porch Features: Patio
  • Features:Patio3: Yes

Garage/Parking

  • General Information:Garage Type2: Attached
  • General Information:Garage Capacity: 2 Car

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: Madrid

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 088226361186046
  • Zoning: City
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 4, 2022
Sold by
Knutsen Rachel E and Knutsen Randall D
Bought by
Dingel Brody and Dingel Rachel
Seller's Agent
Kim Olmstead
Agency Iowa
Buyer's Agent
Kim Olmstead
Agency Iowa
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$265,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,659
Avg. Annual Appreciation
4.98%
Original Mortgage
$213,750
Outstanding Balance
$202,484
Interest Rate
5.1%
Mortgage Type
Balloon
Estimated Equity
$63,175

Purchase Details

Listed on
Jul 21, 2018
Closed on
Oct 25, 2018
Sold by
Belgar Donna and Belgar James
Bought by
Knutsen Rachel E and Knutsen Randall D
Seller's Agent
Camilla Hamilton
RE/MAX Beacon Realty
Buyer's Agent
Member Non
CENTRAL IOWA BOARD OF REALTORS
List Price
$152,500
Sold Price
$148,000
Premium/Discount to List
-$4,500
-2.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.60%
Original Mortgage
$149,494
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 10, 2018
Sold by
Lehman Cynthia and Page Russell
Bought by
Belger Donna

Purchase Details

Closed on
Jun 1, 2016
Sold by
Pagliai Dianne Marie
Bought by
Pagliai Dianne Marie
Source: Public Records

Range of Values:

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Average Value
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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
Dingel Brody $225,000 Hubbard Aaron M
Knutsen Rachel E $148,000 --
Belger Donna -- None Available
Pagliai Dianne Marie -- None Available
The Pagliai Family Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dingel Brody $213,750
Previous Owner Knutsen Rachel E $149,494
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2022 05/06/22 Sold $225,000 0.0% $157 / Sq Ft
04/02/2022 04/02/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $225,000 +52.0% $157 / Sq Ft
10/26/2018 10/26/18 Sold $148,000 -3.0% $115 / Sq Ft View Prior Sale
09/14/2018 09/14/18 Pending -- -- --
07/21/2018 07/21/18 For Sale $152,500 +32.6% $118 / Sq Ft
09/16/2016 09/16/16 Sold $115,000 -10.5% $89 / Sq Ft View Prior Sale
08/24/2016 08/24/16 Pending -- -- --
06/16/2016 06/16/16 For Sale $128,500 -- $100 / Sq Ft
Source: Central Iowa Board 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
2025 $3,920 $240,620 $22,180 $218,440
2024 $3,920 $211,395 $15,840 $195,555
2023 $3,492 $211,395 $15,840 $195,555
2022 $3,666 $166,565 $15,840 $150,725
2021 $3,666 $175,051 $15,840 $159,211
2020 $3,522 $157,360 $11,088 $146,272
2019 $2,640 $157,360 $11,088 $146,272
2018 $2,534 $115,263 $0 $0
2017 $2,524 $112,330 $6,336 $105,994
2016 $2,676 $112,330 $6,336 $105,994
2015 $2,666 $112,330 $0 $0
2014 $2,610 $112,330 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Olmstead

    Seller's Agent in 2022

    Kim Olmstead

    Agency Iowa

    (515) 231-1607

    44 in this area

    143 Total Sales

    Kim Olmstead
    Section Image

  • C

    Seller's Agent in 2018

    Camilla Hamilton

    RE/MAX Beacon Realty

  • M

    Buyer's Agent in 2018

    Member Non

    CENTRAL IOWA BOARD OF REALTORS

  • D

    Seller's Agent in 2016

    Donald Lincoln

    Larson Agency

    Section Image
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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 59738

APN: 088226361186046

Iowa Boone County Madrid 50156

101 E 1st St, Madrid, IA

This home is located at 101 E 1st St, Madrid, IA 50156 since 31 March 2022 and is currently estimated at $265,659, approximately $185 per square foot. This property was built in 1922. 101 E 1st St is a home located in Boone County with nearby schools including Madrid Elementary School and Madrid Junior High School.

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