NOT LISTED FOR SALE

1594 331st Dr Madrid, IA 50156

Estimated Value: $302,000 - $431,000

3 Beds
1 Bath
1,180 Sq Ft
$289/Sq Ft Est. Value

Last Sold April 10, 2024

Last sale price $300,000 $254 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,020/month

107 Days on Market

Highlights

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

About This Home

As of April 2024

Well maintained Ranch style home situated on a huge double lot. Located just West of Madrid in a very sought after sub-division known as The Reddish Addition. The home is 1/2 mile from a Des Moines River boat ramp, 3/4 mile from the famous High Trestle Trail & bridge and just a mile from beautiful Swede Point Park. This one owner home has three bedrooms, a single bath, open kitchen / dining area and a sunken living room with a fireplace. The lower level is a clean slate ready for your finishing ideas. Updates include a new roof, gutters, septic system, water proofed basement with life time warranty, updated windows, tiled shower, kitchen flooring and tiled backsplash. The double lot is approximately 1.21 acres with mature trees. There is plenty of area for the kids to run and still build that big building for all your toys! Did I mention the two car attached garage? The home is heated with natural gas which is rare for a rural property. Water is supplied by The City of Madrid. 331st Drive is a paved road. No gravel! Great location, Great schools and Great neighborhood. Call today to take a look. Professional photos coming soon.

Last Agent to Sell the Property

Donald Lincoln

Larson Agency Listed on: 11/22/2023

Last Buyer's Agent

Donald Lincoln

Larson Agency Listed on: 11/22/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,543

Year Built

  • Built in 1970

Lot Details

  • 1.21 Acre Lot
  • Pie Shaped Lot

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 1,180 Sq Ft Home
  • Screen For Fireplace
  • Gas Log Fireplace
  • Drapes & Rods
  • Dining Area
  • Fire and Smoke Detector
  • Stove
  • Unfinished Basement

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088226341150019

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,543

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 271.19
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 254.24
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Cable TV, Carpeting, Drapes/Curtains, Fireplace Screen, Laminate Floors, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1180
  • Dining Room: Dining Areas
  • Included Items: Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1180
  • Total Sq Ft: 1180

Exterior Features

  • Exterior: Wood
  • Exterior Features: Exterior Storage Shed, Open Patio
  • Foundation: Block
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Mahogany

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Attached
  • Garage Parking Stalls: 2

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Madrid

Lot Info

  • Acres: 1.2100
  • Lot S F: 52708
  • Lot Shape: Pie
  • Assessor Parcel Number: 088226341150019
  • 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: 2542.98
  • Net Taxes: 2416.00

MLS Schools

  • School District: Madrid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2023
Closed on
Apr 6, 2024
Sold by
Snider Marlene
Bought by
Jack L Hendrix 1993 Inter Vivos Trust
Seller's Agent
Donald Lincoln
Larson Agency
Buyer's Agent
Donald Lincoln
Larson Agency
List Price
$335,000
Sold Price
$300,000
Premium/Discount to List
-$35,000
-10.45%
Views
417
Current Estimated Value
$340,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,547
Avg. Annual Appreciation
4.90%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jack L Hendrix 1993 Inter Vivos Trust $300,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2024 04/10/24 Sold $300,000 -6.3% $254 / Sq Ft
03/08/2024 03/08/24 Pending -- -- --
02/19/2024 02/19/24 Price Changed $320,000 -4.5% $271 / Sq Ft
11/22/2023 11/22/23 For Sale $335,000 -- $284 / 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
2024 $2,662 $211,236 $38,000 $173,236
2023 $2,232 $211,236 $38,000 $173,236
2022 $2,184 $166,412 $38,000 $128,412
2021 $2,184 $166,412 $38,000 $128,412
2020 $2,108 $153,525 $38,000 $115,525
2019 $2,102 $153,525 $38,000 $115,525
2018 $2,094 $146,641 $0 $0
2017 $2,094 $143,494 $38,000 $105,494
2016 $2,074 $143,978 $37,712 $106,266
2015 $2,078 $143,978 $0 $0
2014 $2,034 $143,978 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 685830

Des Moines Area Association of REALTORS®

APN: 088226341150019