NOT LISTED FOR SALE

229 S Water St Madrid, IA 50156

Estimated Value: $232,842 - $291,000

5 Beds
2 Baths
2,402 Sq Ft
$104/Sq Ft Est. Value

Last Sold September 15, 2017

Last sale price $139,000 $58 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $1,755/month

98 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 1-minute walk to Jensen Park
  • Formal Dining Room

About This Home

As of September 2017

What an opportunity! Own this turn-of-the-century home sitting on a corner lot near the town square and just blocks from the High Trestle bike trail. Open kitchen/dining room concept with lots of additional space on the first floor to personalize to your lifestyle. Family room/den, office space and additional bedroom also located on the main floor. Upstairs holds four bedrooms and a full bathroom. Many new windows (2012) and roof replaced (2005). Enjoy the quiet, small town living outside on your patio with extensive landscaping and fountain. Oversized two car garage just steps from your backdoor! Imagine the possibilities to bring the character out of over 2400 sq ft of space.

Last Agent to Sell the Property

Casee Woodley

RE/MAX Precision Listed on: 06/09/2017

RE/MAX Precision

Last Buyer's Agent

Colin Panzi

LPT Realty, LLC

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,368

Year Built

  • Built in 1870

Lot Details

  • 8,712 Sq Ft Lot

Home Design

  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,402 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Unfinished Basement

Kitchen

  • Stove
  • Microwave

Bedrooms and Bathrooms

Parking

  • 2 Car Detached Garage
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Well

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088226361286074

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,368

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 57.87
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 57.87
  • Termite: Call Listing Agent
  • Year Built: 1870
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1602
  • Dining Room: Formal Dining Rm
  • Included Items: Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 2402
  • Total Sq Ft: 2402

Exterior Features

  • Exterior: Frame
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage: 2 Detached

Utilities

  • Sewer: City
  • Water: City, Well
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Madrid

Lot Info

  • Acres: 0.2000
  • Lot S F: 8712
  • Assessor Parcel Number: 088226361286074
  • Zoning: R

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: 2368.00
  • Net Taxes: 2178.00

MLS Schools

  • School District: Madrid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2017
Closed on
Sep 15, 2017
Sold by
Lawson Bradley J and Lawson Heidi M
Bought by
Brown Brandon
Seller's Agent
Casee Woodley
RE/MAX Precision
Buyer's Agent
Colin Panzi
LPT Realty, LLC
List Price
$139,000
Sold Price
$139,000
Current Estimated Value
$259,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,748
Avg. Annual Appreciation
7.74%
Original Mortgage
$110,000
Interest Rate
3.83%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Brown Brandon -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Brandon $141,000
Closed Brown Brandon $137,600
Closed Brown Brandon $114,450
Closed Brown Brandon $110,000
Previous Owner Lawson Heidi M $35,500
Previous Owner Lawson Bradley J $94,100
Previous Owner Lawson Heidi M $27,090
Previous Owner Lawson Bradley J $17,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2017 09/15/17 Sold $139,000 0.0% $58 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
06/09/2017 06/09/17 For Sale $139,000 -- $58 / 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 $3,991 $210,843 $15,840 $195,003
2023 $3,587 $210,843 $15,840 $195,003
2022 $3,572 $161,795 $15,840 $145,955
2021 $3,572 $161,795 $15,840 $145,955
2020 $3,830 $161,566 $10,742 $150,824
2019 $3,042 $161,566 $10,742 $150,824
2018 $2,929 $122,962 $0 $0
2017 $2,218 $91,780 $5,401 $86,379
2016 $2,193 $91,780 $5,401 $86,379
2015 $2,182 $91,780 $0 $0
2014 $2,132 $91,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 541464

Des Moines Area Association of REALTORS®

APN: 088226361286074