NOT LISTED FOR SALE

101 S Madison St Mechanicsville, IA 52306

Estimated Value: $198,000 - $227,000

3 Beds
2 Baths
2,129 Sq Ft
$103/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $190,000 $89 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,502/month

Highlights

  • Main Floor Primary Bedroom
  • Central Air
  • 5-minute walk to Mechanicsville Garden Club
  • Living Room
  • Combination Kitchen and Dining Room

About This Home

As of March 2022

Accepted Offer. Huge walkout ranch on a corner lot with an attached 1 stall up and a heated 1 stall down. Seller is offering quick possession and has already written on their new home. This property features an updated kitchen with all appliances including a convection oven, 1st floor laundry/drop zone with built in cabinets, counter top and sink. Newer windows, large living room with built in corner hutch, another built in glass hutch to display all the goodies, full bathroom, 2 bedrooms with additional storage space above the closets in both bedrooms, & a whole house fan. The walkout lower level includes a finished rec room, full bathroom, bedroom, garage with overhead door presently set up as a workshop. Set this one up quick, It has ample storage, Large interior, and immediate possession !

Last Agent to Sell the Property

Nonmember NONMEMBER

NONMEMBER Listed on: 02/24/2022

Last Buyer's Agent

Ryan Bandy

Lepic-Kroeger, REALTORS

Lepic-Kroeger, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,606

Year Built

  • Built in 1958

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 50 x 142

Parking

  • 2 Parking Spaces

Home Design

  • Frame Construction

Interior Spaces

  • Living Room
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Schools

  • North Cedar Elementary And Middle School
  • North Cedar High School

Utilities

  • Central Air
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 044001134590060

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,606

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 2129
  • Homebuilder: UNK
  • Owner Name L F Mi: Michels
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Year Built: 1958
  • Tax Year Report: 2021
  • Subdivision: UNK
  • Directions: Hwy 30 to Mechanicsville, North on S Madison to property. Corner of S. Madison and W. 1st St.
  • S O1 Dues Paid: y
  • Amenities: None
  • Basement Remarks: Full
  • Fireplace Type Location: None
  • Interior R: Other
  • Kitchen Breakfast R: Kit/Dining Rm Comb
  • Lot Description R: Less than .5 Acre
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2661
  • Remarks2: Accepted Offer. Huge walkout ranch on a corner lot with an attached 1 stall up and a heated 1 stall down. Seller is offering quick possession and has already written on their new home. This property features an updated kitchen with all appliances including a convection oven, 1st floor laundry/drop zone with built in cabinets, counter top and sink. Newer windows, large living room with built in corner hutch, another built in glass hutch to display all the goodies, full bathroom, 2 bedrooms with additional storage space above the closets in both bedrooms, & a whole house fan. The walkout lower level includes a finished rec room, full bathroom, bedroom, garage with overhead door presently set up as a workshop. Set this one up quick, It has ample storage, Large interior, and immediate possession !
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 1
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1329
  • Total Full Baths: 2
  • Bedrooms: 3
  • Total Bathrooms: 2
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 800
  • Mstr Br Level: Main
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: City Sewer, City Water
  • Heating Cooling: Central

Schools

  • Elementary School: North Cedar
  • Middle School: North Cedar
  • High School: North Cedar
  • High School: North Cedar
  • Jr Middle School: North Cedar
  • Elementary School: North Cedar

Lot Info

  • Acreage: 0.16
  • Geo Subdivision: IA
  • Lot Dimensions: 50 x 142
  • Zoning: RESIDENTIAL

Tax Info

  • Gross Tax County City: 2670
  • Assessor Parcel Number: 044001134590060

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Mar 18, 2022
Sold by
Michels Jr Lowell J and Michels Donna K
Bought by
Hartz Tanner J and Henze Brooke N
Seller's Agent
Nonmember NONMEMBER
NONMEMBER
Buyer's Agent
Ryan Bandy
Lepic-Kroeger, REALTORS
List Price
$190,000
Sold Price
$190,000
Current Estimated Value
$219,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,244
Avg. Annual Appreciation
3.41%
Original Mortgage
$152,000
Outstanding Balance
$143,487
Interest Rate
3.89%
Mortgage Type
Balloon
Estimated Equity
$69,299

Purchase Details

Listed on
Oct 28, 2016
Closed on
Jan 30, 2017
Sold by
Cummings Jennifer A
Bought by
Michels Lowell J and Michels Donna K
Seller's Agent
Meagan Bennett
COLDWELL BANKER LEE'S TOWN and COUNTRY
Buyer's Agent
Meagan Bennett
COLDWELL BANKER LEE'S TOWN and COUNTRY
List Price
$144,900
Sold Price
$142,900
Premium/Discount to List
-$2,000
-1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$140,311
Interest Rate
4.2%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 23, 2014
Closed on
Aug 31, 2014
Sold by
Gray James E
Bought by
Cummings Jennifer A
Seller's Agent
KIRK WENNDT
Kirk Wenndt Realty
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$125,000
Sold Price
$110,000
Premium/Discount to List
-$15,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.42%
Original Mortgage
$16,500
Interest Rate
4.15%
Mortgage Type
Stand Alone Second
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
Hartz Tanner J $190,000 None Listed On Document
Michels Lowell J $143,000 None Available
Cummings Jennifer A $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hartz Tanner J $152,000
Closed Hartz Tanner J $38,000
Closed Hartz Tanner J $152,000
Previous Owner Michels Lowell J $166,500
Previous Owner Michels Lowell J $149,000
Previous Owner Michels Lowell J $147,050
Previous Owner Michels Lowell J $140,311
Previous Owner Michels Lowell J $140,311
Previous Owner Cummings Jennifer A $16,500
Previous Owner Cummings Jennifer A $88,000
Closed Hartz Tanner J $38,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2022 11/25/22 Pending -- -- --
11/24/2022 11/24/22 For Sale $190,000 0.0% $89 / Sq Ft
03/25/2022 03/25/22 Sold $190,000 +33.0% $89 / Sq Ft
02/01/2017 02/01/17 Sold $142,900 -1.4% $65 / Sq Ft
11/11/2016 11/11/16 Pending -- -- --
10/28/2016 10/28/16 For Sale $144,900 +31.7% $66 / Sq Ft
09/02/2014 09/02/14 Sold $110,000 -12.0% $59 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $125,000 -- $67 / Sq Ft
Source: Iowa City Area Association 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
2024 $3,606 $219,100 $14,950 $204,150
2023 $3,606 $211,350 $14,950 $196,400
2022 $2,506 $141,170 $9,970 $131,200
2021 $2,504 $141,170 $9,970 $131,200
2020 $2,438 $141,170 $9,970 $131,200
2019 $2,622 $146,020 $0 $0
2018 $2,482 $142,650 $0 $0
2017 $2,482 $132,980 $0 $0
2016 $2,308 $127,030 $0 $0
2015 $2,270 $127,030 $0 $0
2014 $2,270 $132,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202206255

Iowa City Area Association of REALTORS®

APN: 0440-01-13-459-006-0