NOT LISTED FOR SALE

2025 S Ave Madrid, IA 50156

Estimated Value: $312,749 - $363,000

3 Beds
1.5 Baths
1,288 Sq Ft
$256/Sq Ft Est. Value

Sale Details

Date Sold: October 1, 2018

Last sale price $196,500 $153 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $2,088 / mo

35 Days on Market

Highlights

  • Spa
  • 1-Story Property
  • Hot Water Heating System
  • 2 Car Attached Garage
  • Central Air
  • Level Lot

About This Home

As of October 2018

One owner brick ranch in mint condition. Built in 1976this home has 1288 sq. ft. of finished living area on the main level and a partially finished basement. Three bedrooms, one full bath, one half bath and first floor laundry. Eat-in kitchen with oak cabinets and all appliances included. Other amenities include maintenance free exterior. steel roof, rural water, paved road, efficient hot water heat and central air. Two car finished attached garage with lots of storage cabinets. Lot measures approximately 0.80 acres. Located in Madrid Community School District. Two miles North of Madrid on State HWY 17. Easy commute to Ames, Boone, Webster City or Des Moines Metro.

Last Agent to Sell the Property

Donald Lincoln

Larson Agency License #B39299 Listed on: 07/10/2018

Last Buyer's Agent

Kevin Holmes

CENTURY 21 SIGNATURE-Huxley

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1976

Lot Details

  • 33,920 Sq Ft Lot
  • Lot Dimensions are 160 x 212
  • Level Lot
  • Property is zoned AG

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Wood Trim

Interior Spaces

  • 1,288 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Window Treatments
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Spa

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Propane
  • Rural Water
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 088226131400001

Home Details

Home Type

Single Family

Year Built

Built in 1976

Lot Details

0.78 Acres

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.78
  • Lot Size: 160 x 212
  • Road Surface Type: Hard Surface
  • Above Grade Finished Sq Ft: 1288.0
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 1976
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Exterior:Brick: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Floor:Vinyl2: Yes
  • Features:Hot Tub2: Yes
  • Terrain:Level: Yes
  • Foundation:Concrete Block: Yes
  • Water:Rural: Yes
  • Features:Propane Tnk - Owned: Yes
  • Special Features: None

Interior Features

  • Private Spa: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Has Basement: Full
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 640.0
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Window Features: Window Treatments
  • Basement:Full2: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Features:Main Floor Bedroom: Yes
  • Interior Trim:Oak2: Yes

Exterior Features

  • Lot Features: Level
  • Construction Type: Brick
  • Foundation Details: Block
  • Features:Window Treatment(s): Yes

Garage/Parking

  • Garage Spaces: 2.0
  • General Information:Garage Type2: Attached

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Hot Water, Natural Gas
  • Heating Yn: Yes
  • Water Source: Rural
  • Heating:Natural Gas: Yes
  • Heating:Hot Water: Yes

Schools

  • Junior High Dist: Madrid

Lot Info

  • Lot Size Sq Ft: 33920.0
  • Parcel #: 088226131400001
  • Zoning: AG

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Oct 1, 2018
Sold by
Harris Ronald J and Harris Linda
Bought by
Smith Nicholas A and Smith Jill A
Seller's Agent
Donald Lincoln
Larson Agency
Buyer's Agent
Kevin Holmes
CENTURY 21 SIGNATURE-Huxley
List Price
$226,500
Sold Price
$196,500
Premium/Discount to List
-$30,000
-13.25%
Current Estimated Value
$329,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,437
Avg. Annual Appreciation
7.11%
Original Mortgage
$157,200
Outstanding Balance
$136,805
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$193,132
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Smith Nicholas A -- --
Smith Nicholas A $196,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Nicholas A $157,200
Closed Smith Nicholas A $157,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/01/2018 10/01/18 Sold $196,500 -13.2% $153 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
07/10/2018 07/10/18 For Sale $226,500 -- $176 / Sq Ft
Source: Central Iowa Board of REALTORS®

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 $3,924 $304,750 $45,000 $259,750
2024 $3,924 $321,671 $45,000 $276,671
2023 $3,108 $321,671 $45,000 $276,671
2022 $3,040 $228,171 $45,000 $183,171
2021 $3,040 $228,171 $45,000 $183,171
2020 $2,814 $205,235 $45,000 $160,235
2019 $2,046 $201,971 $45,000 $156,971
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 49909

APN: 088226131400003

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