NOT LISTED FOR SALE

2270 Rose Rd Madrid, IA 50156

Estimated Value: $284,000 - $393,000

2.48 Acres
$133,443 Price per Acre
108,029 Sq Ft Lot

Sale Details

Date Sold: August 11, 2021

Last sale price $249,000 $215 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,197 / mo

3 Days on Market

Highlights

  • 2.48 Acre Lot
  • Raised Ranch Architecture
  • No HOA
  • Deck
  • Sun or Florida Room
  • Den

About This Lot

As of August 2021

Rare opportunity to own an in town acreage located on the North edge of Madrid. This Ranch style home sits on 2.48 acres of timbered ground with large Morton style building. 1,160 square feet includes two bedrooms, full bath, open kitchen / living room and four seasons room. Lower level has 550 square feet of finished living area. Located on paved road with City water and will have new septic system installed. Don't miss this chance to make this your dream home!

Last Agent to Sell the Property

Donald Lincoln

Larson Agency Listed on: 07/09/2021

Last Buyer's Agent

Melanie Asst To

RE/MAX Concepts License #64618080

RE/MAX Concepts

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,810

Year Built

  • Built in 1958

Lot Details

  • 2.48

Home Design

  • Raised Ranch Architecture
  • Ranch Style House
  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,160 Sq Ft Home
  • Den
  • Sun or Florida Room
  • Fire and Smoke Detector
  • Partially Finished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Detached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Additional Features

  • Accessible Ramps
  • 2.48 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 088226254386201

Community Details

Overview

  • No Home Owners Association

Recreation

  • Deck

Property Details

Property Type

Land

Est. Annual Taxes

$3,810

Year Built

Built in 1958

Lot Details

2.48 Acres

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: Ranch
  • Architecture: Raised Ranch
  • Lp Amt Sq Ft: 214.66
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 214.66
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Interior Amenities: 1st Flr Laundry, Carpeting, Laminate Floors, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Partial Finished
  • Dining Room: Eat In Kitchen
  • Other Rooms: 4 Season, Den
  • Handicap Features: Ramp
  • Included Items: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1160
  • Total Sq Ft: 1160

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Oak, Paint

Garage/Parking

  • Driveway: Gravel
  • Garage: 2 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 2.4800
  • Lot S F: 108029
  • Lot Shape: Regular
  • Assessor Parcel Number: 088226254386201
  • Zoning: R-1

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: 3810.29
  • Net Taxes: 3602.00

MLS Schools

  • School District: Madrid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 11, 2021
Sold by
Martin Barbara A
Bought by
Drewis Matthew and Drewis Ann
Seller's Agent
Donald Lincoln
Larson Agency
Buyer's Agent
Melanie Asst To
RE/MAX Concepts
List Price
$249,000
Sold Price
$249,000
Current Estimated Value
$330,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,939
Avg. Annual Appreciation
6.35%
Original Mortgage
$236,550
Outstanding Balance
$214,773
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$116,166
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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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
Drewis Matthew $249,000 None Available
Martin John R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drewis Matthew $236,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2021 08/11/21 Sold $249,000 0.0% $215 / Sq Ft
07/12/2021 07/12/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $249,000 -- $215 / Sq Ft
Source: Des Moines Area Association 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 $4,976 $274,790 $62,000 $212,790
2024 $4,976 $255,366 $47,000 $208,366
2023 $4,838 $255,366 $47,000 $208,366
2022 $4,462 $214,513 $47,000 $167,513
2021 $4,462 $214,513 $47,000 $167,513
2020 $3,602 $197,442 $25,000 $172,442
2019 $3,228 $180,204 $41,100 $139,104
2018 $3,156 $142,272 $0 $0
2017 $3,086 $155,489 $41,100 $114,389
2016 $3,042 $155,489 $41,100 $114,389
2015 $3,030 $139,389 $0 $0
2014 $2,952 $139,389 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 633222

Des Moines Area Association of REALTORS®

APN: 088226254386201

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