NOT LISTED FOR SALE

102 N Locust St Madrid, IA 50156

Estimated Value: $268,000 - $380,000

4 Beds
2 Baths
2,593 Sq Ft
$122/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $288,000 $111 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,975/month

71 Days on Market

Highlights

  • Wood Flooring
  • Mud Room
  • Formal Dining Room
  • Sun or Florida Room
  • No HOA
  • Eat-In Kitchen

About This Home

As of February 2024

This stately, solid built home was one of the original homes built in Madrid back in 1880 & has been lovingly cared for & updated with the modern conveniences one would desire. The home makes a grand statement with its beautiful, expansive porch on a large corner lot with convenient alley access for all of those wonderful projects that take place when you have an insulated, heated & cooled with drywall 2.5 car detached garage with lots of parking space in the driveway & the ability to burn in a small town! This home is literally sun drenched throughout! The nearly floor to ceiling newer windows provide so much light you can’t help but to fall in love! The yard is large enough for your own ball diamond or an array of landscaped perennials! Short bike ride to the popular High Trestle Trail & Fattire pub! Contact list agents for the full list of all upgrades and details!

Last Agent to Sell the Property

Tina Johnson

RE/MAX Concepts Listed on: 11/13/2023

Co-Listed By

Stevie O'meara

RE/MAX Concepts

Last Buyer's Agent

Rich Montanaro

The American Real Estate Co.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,101

Year Built

  • Built in 1880

Lot Details

  • 0.3 Acre Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 2,593 Sq Ft Home
  • 2-Story Property
  • Mud Room
  • Family Room
  • Formal Dining Room
  • Sun or Florida Room
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088226362186013

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,101

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 111.84
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 111.07
  • Termite: Follow Showing Instructions
  • Year Built: 1880
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: 1st Flr Laundry, Carpeting, Hardwood Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1050
  • Dining Room: Dining Areas, Eat In Kitchen, Formal Dining Rm
  • Family Room: 1st Floor
  • Other Rooms: Mud Room, Sun Room
  • Included Items: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 2593
  • Total Sq Ft: 2593

Exterior Features

  • Exterior: Frame, Metal Siding
  • Foundation: Stone
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached
  • Garage Parking Stalls: 2

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: See Remarks
  • Heat: See Remarks

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Boone

Lot Info

  • Acres: 0.3000
  • Lot Shape: Regular
  • Assessor Parcel Number: 088226362186013
  • Zoning: res

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 3101.00
  • Net Taxes: 3102.00

MLS Schools

  • School District: Boone

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2023
Closed on
Feb 16, 2024
Sold by
Ravina Homes Llc
Bought by
Moylan John Lawrence and Moylan Madison Susan
Seller's Agent
Tina Johnson
RE/MAX Concepts
Buyer's Agent
Rich Montanaro
The American Real Estate Co.
List Price
$290,000
Sold Price
$288,000
Premium/Discount to List
-$2,000
-0.69%
Views
302
Current Estimated Value
$306,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,653
Avg. Annual Appreciation
6.47%
Original Mortgage
$288,000
Outstanding Balance
$284,089
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$31,714

Purchase Details

Closed on
Sep 28, 2021
Sold by
Swain Danial E and Swain Kathryn V
Bought by
Ravina Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,500
Interest Rate
3.01%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Moylan John Lawrence $288,000 None Listed On Document
Ravina Homes Llc $50,000 Pulliam David C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moylan John Lawrence $288,000
Previous Owner Ravina Homes Llc $285,500
Previous Owner Swain Daniel E $30,000
Closed Ravina Homes Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $288,000 -0.7% $111 / Sq Ft
01/23/2024 01/23/24 Pending -- -- --
11/13/2023 11/13/23 For Sale $290,000 -- $112 / Sq Ft
Source: Des Moines 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 $3,553 $262,578 $22,585 $239,993
2023 $3,107 $188,193 $22,585 $165,608
2022 $3,102 $140,465 $22,585 $117,880
2021 $3,102 $140,465 $22,585 $117,880
2020 $2,250 $94,888 $16,863 $78,025
2019 $2,260 $94,888 $16,863 $78,025
2018 $2,169 $91,336 $0 $0
2017 $2,164 $65,558 $9,636 $55,922
2016 $1,355 $65,558 $9,636 $55,922
2015 $1,352 $65,558 $0 $0
2014 $1,316 $65,558 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 685412

Des Moines Area Association of REALTORS®

APN: 088226362186013