NOT LISTED FOR SALE

116 N Locust St Madrid, IA 50156

Estimated Value: $185,000 - $219,199

3 Beds
1.5 Baths
1,214 Sq Ft
$165/Sq Ft Est. Value

Last Sold February 03, 2020

Last sale price $124,900 $103 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $1,320/month

27 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Carpet
  • Formal Dining Room
  • Family Room

About This Home

As of February 2020

Your search ends here if your looking for a nice home for a terrific price! So much to appreciate. The first floor features a large living room, formal dining room, full bathroom and nicely sized kitchen. Beautiful woodwork through out the home. On the second floor you find three good sized bedrooms, plenty of closets and a half bathroom. The spacious back yard is fenced for pets or children to enjoy. This home has so much to offer. The upstairs carpets will need replaced and a few other minor updates. Pull your car into the two car garage with heater and space in the front for workbenches and cabinets and here you are...Home Sweet Home!
Call today for your showing before someone else does.

Last Agent to Sell the Property

Aaron Ackerlund

Keller Williams Realty GDM Listed on: 01/07/2020

Keller Williams Realty GDM

Last Buyer's Agent

Susan Sheldahl

Realty One Group Impact

Realty One Group Impact

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,698

Year Built

  • Built in 1900

Lot Details

  • 8,851

Home Design

  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,214 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Formal Dining Room
  • Unfinished Basement

Kitchen

  • Stove
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Additional Features

  • 8,851 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088226362186001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,698

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 102.88
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 102.88
  • Termite: Follow Showing Instructions
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Carpeting, Laminate Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • Second Floor Half Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 672
  • Dining Room: Formal Dining Rm
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1214
  • Total Sq Ft: 1214

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Madrid

Lot Info

  • Acres: 0.2000
  • Lot S F: 8851
  • Lot Shape: Regular
  • Assessor Parcel Number: 088226362186001
  • 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: 2697.54
  • Net Taxes: 2697.54
  • Tax Year: 2020

MLS Schools

  • School District: Madrid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2020
Closed on
Jan 24, 2020
Sold by
Berg Andrew J and Berg Joli
Bought by
Arzola Sydney O
Seller's Agent
Aaron Ackerlund
Keller Williams Realty GDM
Buyer's Agent
Susan Sheldahl
Realty One Group Impact
List Price
$119,900
Sold Price
$124,900
Premium/Discount to List
$5,000
4.17%
Current Estimated Value
$200,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,650
Avg. Annual Appreciation
8.63%
Original Mortgage
$118,350
Outstanding Balance
$104,808
Interest Rate
3.72%
Mortgage Type
New Conventional
Estimated Equity
$95,742

Purchase Details

Listed on
Oct 26, 2011
Closed on
May 18, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Berg Andrew J
Seller's Agent
Nate Nerem
Nerem & Associates
Buyer's Agent
Keith Vest
Nerem & Associates
List Price
$89,900
Sold Price
$55,100
Premium/Discount to List
-$34,800
-38.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.32%
Original Mortgage
$57,350
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2011
Sold by
Weigel Michael and Weigel Michael J
Bought by
Federal Home Loan Mortgage Corporation
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
Arzola Sydney O $125,000 None Available
Berg Andrew J -- None Available
Federal Home Loan Mortgage Corporation $111,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arzola Sydney O $118,350
Previous Owner Berg Andrew J $57,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/06/2020 02/06/20 Pending -- -- --
02/03/2020 02/03/20 Sold $124,900 +4.2% $103 / Sq Ft
01/07/2020 01/07/20 For Sale $119,900 +117.6% $99 / Sq Ft
06/19/2012 06/19/12 Sold $55,100 -38.7% $45 / Sq Ft View Prior Sale
04/20/2012 04/20/12 Pending -- -- --
10/26/2011 10/26/11 For Sale $89,900 -- $74 / 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
2025 $3,120 $215,160 $24,180 $190,980
2024 $3,120 $170,362 $17,271 $153,091
2023 $2,921 $170,362 $17,271 $153,091
2022 $2,916 $132,042 $17,271 $114,771
2021 $2,916 $132,042 $17,271 $114,771
2020 $3,068 $129,467 $12,726 $116,741
2019 $2,698 $129,467 $12,726 $116,741
2018 $2,589 $109,049 $0 $0
2017 $2,584 $88,871 $7,272 $81,599
2016 $2,115 $88,871 $7,272 $81,599
2015 $2,114 $88,871 $0 $0
2014 $2,066 $88,871 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 597008

Des Moines Area Association of REALTORS®

APN: 088226362186001