NOT LISTED FOR SALE

201 E 8th St Madrid, IA 50156

Estimated Value: $176,000 - $199,000

3 Beds
1 Bath
932 Sq Ft
$202/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $152,500 $164 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,253/month

60 Days on Market

Highlights

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

About This Home

As of December 2021

Don't miss out on this fabulous updated ranch home on an oversized corner lot! This 3 bedroom, 1 bathroom home has been completely remodeled. The furnace was replaced in 2018 and central air conditioning was installed in 2020. NEW roof & gutters in 2020. There's a one stall attached garage, but plenty of room to expand. Enjoy small town living with ease of getting to the city being just blocks from HWY 17. All appliances included & 100% USDA financing is available!

Last Agent to Sell the Property

Jessica Gilligan

Century 21 Signature Listed on: 09/23/2021

Century 21 Signature

Co-Listed By

Ethan Hokel

Century 21 Signature

Last Buyer's Agent

Christopher Coffman

EXP Realty, LLC

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,456

Year Built

  • Built in 1914

Lot Details

  • 0.28

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 932 Sq Ft Home
  • Family Room
  • Formal Dining Room
  • Carpet
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Additional Features

  • 0.28 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088226361486116

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,456

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 160.94
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 163.63
  • Termite: Follow Showing Instructions
  • Year Built: 1914
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Carpeting
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Partial, Unfinished
  • Sq Ft Bsmt: 386
  • Dining Room: Dining Areas, Formal Dining Rm
  • Family Room: 1st Floor
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 932
  • Total Sq Ft: 932

Exterior Features

  • Exterior: Metal Siding
  • Foundation: Tile
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Attached

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: 0.2800
  • Assessor Parcel Number: 088226361486116
  • 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: 2456.00
  • Net Taxes: 2456.00

MLS Schools

  • School District: Madrid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Dec 2, 2021
Sold by
Gealow and Madison
Bought by
Brunk Nathaniel and Brunk Janna
Seller's Agent
Jessica Gilligan
Century 21 Signature
Buyer's Agent
Christopher Coffman
EXP Realty, LLC
List Price
$155,000
Sold Price
$152,500
Premium/Discount to List
-$2,500
-1.61%
Current Estimated Value
$188,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,045
Avg. Annual Appreciation
5.89%
Original Mortgage
$149,737
Outstanding Balance
$138,530
Interest Rate
3.09%
Mortgage Type
FHA
Estimated Equity
$50,015

Purchase Details

Listed on
Jan 18, 2018
Closed on
Apr 2, 2018
Sold by
Olson Harold D and Olson Polly A
Bought by
Gealow Austin and Whitacre Madison
Seller's Agent
Michael Slavin
RE/MAX Precision
Buyer's Agent
Jessica Gilligan
Century 21 Signature
List Price
$135,000
Sold Price
$127,660
Premium/Discount to List
-$7,340
-5.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$123,830
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 3, 2005
Sold by
Cowles Timothy C
Bought by
Olson Harold D and Olson Polly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
5.79%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Brunk Nathaniel $152,500 None Listed On Document
Gealow Austin $127,500 --
Olson Harold D $61,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brunk Nathaniel $149,737
Previous Owner Gealow Austin $123,830
Previous Owner Olson Harold D $58,000
Previous Owner Olson Harold D $36,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2021 12/03/21 Sold $152,500 +1.7% $164 / Sq Ft
11/22/2021 11/22/21 Pending -- -- --
09/30/2021 09/30/21 Price Changed $150,000 -3.2% $161 / Sq Ft
09/23/2021 09/23/21 For Sale $155,000 +21.4% $166 / Sq Ft
04/02/2018 04/02/18 Sold $127,660 -5.4% $137 / Sq Ft
03/03/2018 03/03/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $135,000 -- $145 / 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 $2,713 $143,707 $20,400 $123,307
2023 $2,579 $143,707 $20,400 $123,307
2022 $2,574 $116,601 $20,400 $96,201
2021 $2,574 $116,601 $20,400 $96,201
2020 $2,428 $102,421 $14,076 $88,345
2019 $1,486 $102,421 $14,076 $88,345
2018 $1,429 $60,051 $0 $0
2017 $1,424 $45,564 $7,038 $38,526
2016 $1,087 $45,564 $7,038 $38,526
2015 $1,084 $45,564 $0 $0
2014 $1,058 $45,564 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 638190

Des Moines Area Association of REALTORS®

APN: 088226361486116