NOT LISTED FOR SALE

111 S State St Madrid, IA 50156

Estimated Value: $248,000 - $336,000

2 Beds
1 Bath
1,399 Sq Ft
$196/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $197,000 $141 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,738/month

Highlights

  • Wood Flooring
  • Patio
  • Outdoor Storage
  • 1 Car Attached Garage
  • 1-Story Property
  • 4-minute walk to Jensen Park

About This Home

As of March 2021

If character and charm are a must have, you won't want to miss this 2 bed, 1 bath brick home that has LOADS of updates. As you pull up to the home be sure to notice the cute curb appeal! The roof, fence and shutters were new in 2020. As you step in you'll find beautiful hardwood floors in the living room and new LVT flooring in the kitchen and family room along w/freshly painted walls and trim throughout the interior of the home. The eat in kitchen has had a full facelift including new white cupboards, granite countertops, ceramic subway tile backsplash, new dishwasher, Koehler cast iron sink w/Delta hardware, floating shelves and sleek, modern light fixtures. The bathroom has also been renovated w/new tile floor, wall tile, vanity, sink & faucet, bathroom fan w/speaker, mirror, and shower/tub hardware. Attention to design detail is apparent! Natural sunlight flows through the home making it easy to relax in the large family room that overlooks the cozy patio and backyard w/updated landscaping & flowerbeds filled w/perennials. Both bedrooms and office (or 3rd bedroom) offer great space and large closets for storage. The unfinished attic and basement offer additional storage space too. This home is sure to please and won't last long, schedule your showing today!

Last Agent to Sell the Property

Sherry Hosteng

RE/MAX REAL ESTATE CENTER License #S63757000 Listed on: 01/13/2021

RE/MAX REAL ESTATE CENTER

Last Buyer's Agent

Member Non

CENTRAL IOWA BOARD OF REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,475

Year Built

  • Built in 1947

Lot Details

  • 8,712 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Wood Trim
  • Vinyl Construction Material

Interior Spaces

  • 1,399 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Outdoor Features

  • Patio
  • Outdoor Storage
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 088226361186057

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,475

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Road Frontage Type: Maintained
  • Road Surface Type: Hard Surface
  • Above Grade Finished Sq Ft: 1399.0
  • Architectural Style: 1 Story
  • Garage Yn: Yes
  • Year Built: 1947
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Tile2: Yes
  • Features:Main Floor Laundry2: Yes
  • Exterior:Brick: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Floor:Vinyl2: Yes
  • Exterior:Vinyl: Yes
  • Features:Ceiling Fan(s): Yes
  • Exterior Features Fence: Yes
  • Terrain:Level: Yes
  • Features:Storage Shed4: Yes
  • Floor:Hardwood: Yes
  • Foundation:Concrete Block: Yes
  • Foundation:Crawl Space: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Has Basement: Partial
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Vinyl, Hardwood, Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Window Treatments
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Fireplace:Gas9: Yes
  • Interior Trim:Wood11: Yes
  • Features:Main Floor Bedroom: Yes
  • Basement:Partial2: Yes

Exterior Features

  • Fencing: Fenced
  • Lot Features: Level
  • Construction Type: Vinyl, Brick
  • Foundation Details: Crawl Space, Block, Tile
  • Other Structures: Storage
  • Patio And Porch Features: Patio
  • Features:Window Treatment(s): Yes
  • Features:Patio3: Yes

Garage/Parking

  • General Information:Garage Type2: Attached
  • General Information:Garage Capacity: 1 Car

Utilities

  • Laundry Features: Main Level
  • 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 #: 088226361186057
  • Zoning: Residential
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Mar 4, 2021
Sold by
Nelson Matthew and Nelson Erin
Bought by
Fritz Eric E
Seller's Agent
Sherry Hosteng
RE/MAX REAL ESTATE CENTER
Buyer's Agent
Member Non
CENTRAL IOWA BOARD OF REALTORS
List Price
$200,000
Sold Price
$197,000
Premium/Discount to List
-$3,000
-1.5%
Current Estimated Value
$249,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,345
Avg. Annual Appreciation
7.69%
Original Mortgage
$19,700
Outstanding Balance
$12,451
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$261,057

Purchase Details

Listed on
Jul 27, 2019
Closed on
Sep 18, 2019
Sold by
Uthe Lindsey A and Milani Frank
Bought by
Nelson Matthew and Nelson Erin
Seller's Agent
Kim Olmstead
Agency Iowa
Buyer's Agent
Sherry Hosteng
RE/MAX Real Estate Center
List Price
$175,000
Sold Price
$175,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.45%

Purchase Details

Closed on
Sep 7, 2005
Sold by
Lindhoff Steven and Lindhoff Karla Lou
Bought by
Uthe Lindsey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,150
Interest Rate
5.89%
Mortgage Type
New Conventional
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
Fritz Eric E $197,000 None Available
Nelson Matthew $8,000 --
Uthe Lindsey A $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fritz Eric E $19,700
Open Fritz Eric E $177,300
Previous Owner Uthe Lindsey A $135,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $197,000 -1.5% $141 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $200,000 +14.3% $143 / Sq Ft
09/19/2019 09/19/19 Sold $175,000 0.0% $125 / Sq Ft
09/19/2019 09/19/19 Pending -- -- --
07/27/2019 07/27/19 For Sale $175,000 -- $125 / 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
2024 $4,475 $237,035 $15,840 $221,195
2023 $4,183 $237,035 $15,840 $221,195
2022 $4,178 $189,202 $15,840 $173,362
2021 $4,178 $189,202 $15,840 $173,362
2020 $3,238 $173,809 $11,088 $162,721
2019 $2,872 $145,404 $11,088 $134,316
2018 $2,751 $124,592 $0 $0
2017 $2,746 $115,469 $6,336 $109,133
2016 $2,539 $115,469 $6,336 $109,133
2015 $2,540 $115,469 $0 $0
2014 $2,476 $115,469 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 56596

APN: 088226361186057