Nate Nerem
Responds Quickly
Nerem & Assoc.
(515) 500-2756
149 Total Sales
6 in Madrid
$218K - $300K Price Range
105 S Cedar St Madrid, IA 50156
Madrid Area
3
Beds
2
Baths
1,144
Sq Ft
4,911
Sq Ft Lot
Highlights
- Deck
- No HOA
- Forced Air Heating and Cooling System
- Ranch Style House
- Fenced Yard
- Family Room
About This Home
As of June 2026This ranch walkout home offers comfortable living with 3 bedrooms, an updated main-floor bathroom, and a 3/4 bath in the lower level. The functional layout provides flexible living spaces with natural light throughout. The walkout lower level adds additional space for relaxing, hobbies, or entertaining. A 2-car attached garage provides convenient parking and extra storage space. Step outside to enjoy the fenced backyard, which offers space for outdoor activities, pets, or gardening. Conveniently located with easy access to local amenities, this home combines practical features with everyday comfort.
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,599
Year Built
- Built in 1974
Lot Details
- 4,911 Sq Ft Lot
- Fenced Yard
- Chain Link Fence
Home Design
- Ranch Style House
- Block Foundation
- Metal Roof
- Vinyl Siding
Interior Spaces
- 1,144 Sq Ft Home
- Family Room
- Dining Area
- Unfinished Basement
- Walk-Out Basement
Kitchen
- Stove
- Dishwasher
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Laundry
- Dryer
- Washer
Parking
- 2 Car Attached Garage
- Gravel Driveway
Additional Features
- Deck
- Forced Air Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 088226361186107
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 13, 2026
Closed on
Jun 22, 2026
Sold by
Manchester Derek D and Stotts Jennifer
Bought by
Seller's Agent
Aaron Ackerlund
Keller Williams Realty GDM
Buyer's Agent
Alec Hernandez
RE/MAX Real Estate Center
List Price
$2,299,000
Sold Price
$229,900
Premium/Discount to List
-$2,069,100
-90%
Views
22
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.04%
Original Mortgage
$229,900
Outstanding Balance
$229,484
Interest Rate
6.51%
Mortgage Type
VA
Estimated Equity
-$2,712
Purchase Details
Closed on
Feb 26, 2017
Sold by
Manchester Ramona J and Manchester Douglas Watne
Bought by
Manchester Derek D
Purchase Details
Closed on
Oct 28, 2016
Sold by
Manchester Ramona J and Manchester Douglas Wayne
Bought by
Manchester Derek D
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Madrid, IA
-
Nate Nerem
-
Roger Wheeler
Roger Wheeler
CENTURY 21 SIGNATURE-Ames
(515) 461-6831
324 Total Sales
4 in Madrid
$200K - $265K Price Range
-
Brett Mount
Brett Mount
RE/MAX Concepts-Ames
(515) 305-3680
50 Total Sales
1 in Madrid
$285,450 Price
-
Chris Kew
Chris Kew
RE/MAX Precision
(515) 500-2960
278 Total Sales
4 in Madrid
$145K - $235K Price Range
-
Liz Lashier
Liz Lashier
NextHome Your Way
(515) 512-4526
153 Total Sales
1 in Madrid
$372,500 Price
-
James Horstman
James Horstman
Hunziker & Associates, Inc.
(515) 305-3017
167 Total Sales
2 in Madrid
$130,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $230,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $229,900 | VA | |
| Previous Owner | $50,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $50,000 | Balloon | |
| Previous Owner | $25,000 | Credit Line Revolving | |
| Previous Owner | $50,000 | Credit Line Revolving |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/25/2026 06/25/26 | Sold | $229,900 | 0.0% | $201 / Sq Ft | |
| 05/19/2026 05/19/26 | Pending | -- | -- | -- | |
| 05/13/2026 05/13/26 | Price Changed | $229,900 | -90.0% | $201 / Sq Ft | |
| 05/13/2026 05/13/26 | For Sale | $2,299,000 | +1485.5% | $2,010 / Sq Ft | |
| 12/01/2020 12/01/20 | Sold | $145,000 | 0.0% | $147 / Sq Ft | View Prior Sale |
| 12/01/2020 12/01/20 | Pending | -- | -- | -- | |
| 09/14/2020 09/14/20 | For Sale | $145,000 | -- | $147 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,400 | $198,780 | $16,920 | $181,860 |
| 2024 | $3,400 | $184,679 | $12,087 | $172,592 |
| 2023 | $3,092 | $184,679 | $12,087 | $172,592 |
| 2022 | $3,064 | $147,764 | $12,087 | $135,677 |
| 2021 | $3,064 | $147,764 | $12,087 | $135,677 |
| 2020 | $3,140 | $141,308 | $9,556 | $131,752 |
| 2019 | $2,924 | $141,308 | $9,556 | $131,752 |
| 2018 | $2,814 | $126,732 | $0 | $0 |
| 2017 | $2,796 | $106,191 | $5,460 | $100,731 |
| 2016 | $2,319 | $106,191 | $5,460 | $100,731 |
| 2015 | $2,314 | $106,191 | $0 | $0 |
| 2014 | $2,260 | $106,191 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Aaron Ackerlund
Seller's Agent in 2026
Aaron Ackerlund
Keller Williams Realty GDM
(515) 314-9667
212 Total Sales
-
Alec Hernandez
Buyer's Agent in 2026
Alec Hernandez
RE/MAX
(515) 438-6054
5 Total Sales
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 740660
APN: 088226361186107
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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