NOT LISTED FOR SALE

1506 Madison Ave Burlington, IA 52601

Estimated Value: $115,000 - $125,000

2 Beds
1 Bath
1,100 Sq Ft
$107/Sq Ft Est. Value

Last Sold October 15, 2018

Last sale price $78,500 $71 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $770/month

167 Days on Market

Highlights

  • Ranch Style House
  • Sun or Florida Room
  • 2 Car Detached Garage
  • Wood Flooring
  • Den
  • Building Patio

About This Home

As of October 2018

Well maintained, this home offers two bedrooms, kitchen with a walk in pantry and a Butlers Pantry, that leads to the dining room. Beautiful hardwood floors in the dining room and living room, a sun room off of the living room is the perfect place to spend a sunny day. The useable basement includes the washer and dryer. Outside offers a private, fenced backyard, with a patio, a storage shed, with electricity and a two car garage. The play set will remain.

Last Agent to Sell the Property

Sue Champion

RE/MAX Real Estate Specialists Listed on: 04/13/2018

RE/MAX Real Estate Specialists

Last Buyer's Agent

Kim Staub

RE/MAX Real Estate Specialists

RE/MAX Real Estate Specialists

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,820

Year Built

  • Built in 1910

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 79 x 122
  • Property is Fully Fenced
  • Wood Fence

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Poured Concrete
  • Asphalt Shingled Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • Ceiling Fan
  • French Doors
  • Living Room
  • Dining Room
  • Den
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House
  • Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Storage Shed
  • Forced Air Heating and Cooling System

Community Details

  • Building Patio
  • Community Deck or Porch

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,820

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Copyright Remarks: Yes
  • Legal Description: Per title opinion.
  • Municipality: Burlington
  • Year Built: 1910
  • OFFICELIST_ADDRESS: 1506 Madison Avenue
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2018-04-13
  • List Office I D: 698
  • M L Number Foreign: SEIA20169501
  • Sales Office I D: 698
  • Selling Agent: 3295
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Avenue
  • Building Style: Ranch
  • Bedroom 1 Level: Main
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Flooring: Carpet, Hardwood, Other
  • Bedrooms: 2
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: No
  • Bedroom 4: No
  • Total Bathrooms: 1
  • Basement: Full, Poured Concrete
  • Dining Room: Dining Room
  • Family Room: No
  • Kitchen: Kitchen
  • Kitchen Dim: 9 x 11
  • Kitchen Level: Main
  • Living Room: Living Room
  • Room 1: Den
  • Room 2: Bathroom
  • Price Per S Q F T: 71.36
  • Above Grade Finished Sq Ft: 1100
  • Room Types: Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Bedroom 1, Bedroom 4, Kitchen, Living Room, Bedroom 2, Bedroom 3
  • Bedroom 2 Level: Main
  • Dining Room Level: Main
  • Extra Room1 Level: Main
  • Extra Room2 Level: Main
  • Living Room Level: Main

Exterior Features

  • Fencing: Full, Wood
  • Road Frontage: Paved Streets
  • Roof: Asphalt Shingles
  • Outbuildings: Storage Shed

Garage/Parking

  • Description: Detached Garage, Electric
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 2
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected
  • Electric: Circuit Breakers

Condo/Co-op/Association

  • Amenities: Patio, Ceiling Fan(s), French Doors, Sun Room

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Burlington

Lot Info

  • New Develop: No
  • Acres: 0.22
  • Lot Dimensions: 79 X 122
  • Lot Size Sq Ft: 9583
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Tax Info

  • Tax With Assessments: 1820
  • Gross Taxes: 1820

MLS Schools

  • School District: 882 - Burlington
  • School District Name: Burlington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2018
Closed on
Oct 10, 2018
Sold by
Sheerin Cassandra J and Sheerin Danuab B
Bought by
Martin Justin J
Seller's Agent
Sue Champion
RE/MAX Real Estate Specialists
Buyer's Agent
Kim Staub
RE/MAX Real Estate Specialists
List Price
$87,000
Sold Price
$78,500
Premium/Discount to List
-$8,500
-9.77%
Current Estimated Value
$118,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,740
Avg. Annual Appreciation
6.11%
Original Mortgage
$40,163
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2006
Sold by
Stevens Thomas E and Stevens Kelli D
Bought by
Long Justin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,100
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Martin Justin J $78,500 --
Long Justin L $70,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martin Justin J $10,500
Open Martin Justin $42,125
Closed Martin Justin J $32,000
Closed Martin Justin J $40,163
Previous Owner Long Justin L $70,400
Previous Owner Long Justin L $70,500
Previous Owner Long Justin L $71,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2018 10/15/18 Sold $78,500 -9.8% $71 / Sq Ft
09/27/2018 09/27/18 Pending -- -- --
04/13/2018 04/13/18 For Sale $87,000 +4.8% $79 / Sq Ft
01/25/2016 01/25/16 Sold $83,000 -9.7% $75 / Sq Ft
12/04/2015 12/04/15 Pending -- -- --
07/03/2015 07/03/15 For Sale $91,900 -- $83 / Sq Ft
Source: NoCoast MLS

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 $1,570 $91,000 $11,900 $79,100
2023 $1,480 $91,000 $11,900 $79,100
2022 $1,502 $82,700 $11,900 $70,800
2021 $1,502 $82,700 $11,900 $70,800
2020 $1,604 $82,700 $11,900 $70,800
2019 $1,642 $82,700 $11,900 $70,800
2018 $1,640 $79,900 $15,200 $64,700
2017 $1,640 $76,700 $0 $0
2016 $1,548 $76,700 $0 $0
2015 $1,548 $76,700 $0 $0
2014 $1,568 $75,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5359171

NoCoast MLS

APN: 16-08-276-002