NOT LISTED FOR SALE

116 N Union St Madrid, IA 50156

Estimated Value: $242,000 - $275,521

3 Beds
2 Baths
1,504 Sq Ft
$171/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $195,000 $130 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,686/month

Highlights

  • Ranch Style House
  • Outdoor Storage
  • Family Room Downstairs
  • No HOA
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of April 2022

This home is located at 116 N Union St, Madrid, IA 50156 since 24 February 2022 and is currently estimated at $257,130, approximately $170 per square foot. This property was built in 1981. 116 N Union St is a home located in Boone County with nearby schools including Madrid Elementary School and Madrid Junior High School.

Last Agent to Sell the Property

Ethan Hokel

Century 21 Signature Listed on: 02/24/2022

Century 21 Signature

Last Buyer's Agent

Kim Olmstead

Agency Iowa

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,127

Year Built

  • Built in 1981

Lot Details

  • 8,712

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • 1,504 Sq Ft Home
  • Family Room Downstairs
  • Dining Area
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Driveway

Additional Features

  • Outdoor Storage
  • 8,712 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088226361186039

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,127

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 129.65
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 129.65
  • Year Built: 1981
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 1st Flr Laundry, Carpeting, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Finished
  • Sq Ft Bsmt: 1504
  • Dining Room: Dining Areas
  • Family Room: 1st Floor, Lower Level
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1504
  • Total Sq Ft: 1504

Exterior Features

  • Exterior: See Remarks
  • Exterior Features: Exterior Storage Shed
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt

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

Green Features

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

Lot Info

  • Lot S F: 8712
  • Assessor Parcel Number: 088226361186039
  • Zoning: RES

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 3127.00
  • Net Taxes: 2920.00

MLS Schools

  • School District: Madrid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Apr 20, 2022
Sold by
Ahrens Jesse L
Bought by
Harris Mitchell John and Wright Jordann Marie
Seller's Agent
Ethan Hokel
Century 21 Signature
Buyer's Agent
Kim Olmstead
Agency Iowa
List Price
$195,000
Sold Price
$195,000
Current Estimated Value
$257,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,130
Avg. Annual Appreciation
8.37%
Original Mortgage
$196,969
Outstanding Balance
$184,219
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$72,911

Purchase Details

Listed on
Jul 18, 2016
Closed on
May 30, 2017
Sold by
Erickson Phillip R and Erickson Linda E
Bought by
Ahrens Jesse L
Seller's Agent
Derek Veldhouse
RE/MAX Concepts
Buyer's Agent
Matt Bengtson
Realty ONE Group Impact
List Price
$119,900
Sold Price
$113,000
Premium/Discount to List
-$6,900
-5.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%
Original Mortgage
$90,400
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2006
Sold by
Gregory Ida M and Gregory Steven D
Bought by
Erickson Phillip R and Erickson Linda E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,570
Interest Rate
6.33%
Mortgage Type
FHA
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
Harris Mitchell John $195,000 None Listed On Document
Ahrens Jesse L $113,000 None Available
Erickson Phillip R $118,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Mitchell John $196,969
Previous Owner Ahrens Jesse L $90,400
Previous Owner Erickson Phillip R $117,570
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/22/2022 04/22/22 Sold $195,000 0.0% $130 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $195,000 +72.6% $130 / Sq Ft
06/01/2017 06/01/17 Sold $113,000 -5.8% $75 / Sq Ft View Prior Sale
05/31/2017 05/31/17 Pending -- -- --
07/18/2016 07/18/16 For Sale $119,900 -- $80 / 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 $3,800 $190,430 $22,180 $168,250
2024 $3,800 $194,974 $15,840 $179,134
2023 $3,213 $194,974 $15,840 $179,134
2022 $2,994 $144,535 $15,840 $128,695
2021 $2,994 $144,535 $15,840 $128,695
2020 $2,882 $130,391 $11,088 $119,303
2019 $2,910 $130,391 $11,088 $119,303
2018 $2,796 $126,142 $0 $0
2017 $3,952 $163,570 $6,336 $157,234
2016 $3,887 $163,570 $6,336 $157,234
2015 $3,890 $163,570 $0 $0
2014 $3,514 $163,570 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ethan Hokel

    Seller's Agent in 2022

    Ethan Hokel

    Century 21 Signature

    (515) 981-2113

    6 in this area

    566 Total Sales

    Ethan Hokel
    Section Image
  • Kim Olmstead

    Buyer's Agent in 2022

    Kim Olmstead

    Agency Iowa

    (515) 231-1607

    44 in this area

    143 Total Sales

    Kim Olmstead
    Section Image
  • Derek Veldhouse

    Seller's Agent in 2017

    Derek Veldhouse

    RE/MAX

    (515) 770-4100

    124 Total Sales

    Derek Veldhouse
    Section Image

  • M

    Buyer's Agent in 2017

    Matt Bengtson

    Realty ONE Group Impact

    (515) 210-5854

    58 Total Sales

    Matt Bengtson
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 646448

Des Moines Area Association of REALTORS®

APN: 088226361186039

Iowa Boone County Madrid 50156

116 N Union St, Madrid, IA

This home is located at 116 N Union St, Madrid, IA 50156 since 24 February 2022 and is currently estimated at $257,130, approximately $170 per square foot. This property was built in 1981. 116 N Union St is a home located in Boone County with nearby schools including Madrid Elementary School and Madrid Junior High School.

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.

Des Moines Area Association of REALTORS® 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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