NOT LISTED FOR SALE

2293 Pear Ln Madrid, IA 50156

Estimated Value: $420,000 - $490,000

0.82 Acre
$543,402 Price per Acre
35,719 Sq Ft Lot

Last Sold June 28, 2024

Last sale price $425,000 $217 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,732/month

4 Days on Market

Highlights

  • Deck
  • Main Floor Primary Bedroom
  • Patio
  • Traditional Architecture
  • No HOA
  • Luxury Vinyl Plank Tile Flooring

About This Lot

As of June 2024

Looking for a country slice of heaven on pavement just west of Madrid? This 1.5 story with a walk-out home sits on just under an acre & has the space & privacy youhave been dreaming of! As you step onto the welcoming front porch, the allure of this home unfolds. The kitchen opens to the dining area and is complete with casual bar seating, new countertops, and appliances. The family room is a stunner with massive windows highlighting the breathtaking views and natural light. You will love the cathedral wood paneled ceiling and floor to ceiling stone fireplace adding so much character to the home! The main level features a generously sized primary suite. Rounding out the main level is a half bath and mud area coming in off the garage entrance. Upstairs, a versatile loft offers endless possibilities for an office, rec room, or den. There are 2 additional bedrooms and a three-fourths bathroom. Need an extra bedroom? There is also a storage room upstairs equipped with plywood shelving that can be removed to turn back into a bedroom should you need it! With upgrades like a new roof, gutters, flooring, appliances, exterior and interior paint, fireplace, and stone, landscaping and geothermal system, this home is energy-efficient and nearly maintenance free! Imagine the perfect blend of serene country living on a paved road, where relaxation and privacy are your new normal! Do not miss out on this rare property!

Last Agent to Sell the Property

Jessica Schaffer

LPT Realty, LLC Listed on: 05/09/2024

LPT Realty, LLC

Last Buyer's Agent

Heather Knittel

RE/MAX Real Estate Center

RE/MAX Real Estate Center

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,671

Year Built

  • Built in 2002

Lot Details

  • 0.82 Acre Lot

Home Design

  • Traditional Architecture
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 1,959 Sq Ft Home
  • 1.5-Story Property
  • Gas Log Fireplace
  • Drapes & Rods
  • Family Room
  • Dining Area
  • Unfinished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Primary Bedroom on Main

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Geothermal Heating and Cooling
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 088226274450008

Community Details

Overview

  • No Home Owners Association

Recreation

  • Deck
  • Patio

Property Details

Property Type

Land

Est. Annual Taxes

$3,671

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Acreages
  • Style: 1.5 Story
  • Architecture: Traditional
  • Lp Amt Sq Ft: 216.95
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 216.95
  • Termite: Call Listing Agent
  • Year Built: 2002
  • Special Features: None
  • Property Sub Type: LotsLands
  • Stories: 1

Interior Features

  • Fireplace: Gas Log
  • Fireplaces: 1
  • Interior Amenities: 1st Flr Laundry, 2nd Flr Laundry, Cable TV, Carpeting, Drapes/Curtains, Fire Alarm, LVP, Smoke Detector
  • Total Bathrooms: 3.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 2nd Floor: 1
  • Basement Description: Unfinished, Walkout
  • Sq Ft Bsmt: 1114
  • Dining Room: Dining Areas
  • Family Room: 1st Floor
  • Other Rooms: See Remarks
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1959
  • Total Sq Ft: 1959

Exterior Features

  • Exterior: Cement Board
  • Exterior Features: Deck, Open Patio
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Pine

Garage/Parking

  • Driveway: Concrete
  • Garage Sq Ft: 561
  • Garage: 2 Attached
  • Garage Parking Stalls: 2

Utilities

  • Sewer: Septic
  • Water: City
  • Air Conditioner: GeoThermal
  • Heat: GeoThermal

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Madrid

Lot Info

  • Acres: 0.8200
  • Lot S F: 35719
  • Lot Shape: Regular
  • Assessor Parcel Number: 088226274450008
  • 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: 3671.00
  • Net Taxes: 3671.00
  • Tax Year: 2023

MLS Schools

  • School District: Madrid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Jun 19, 2024
Sold by
Reddish Mark and Reddish Lori
Bought by
Thompson Zachery A and Thompson Olivia M
Seller's Agent
Jessica Schaffer
LPT Realty, LLC
Buyer's Agent
Heather Knittel
RE/MAX Real Estate Center
List Price
$425,000
Sold Price
$425,000
Views
17
Current Estimated Value
$445,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,590
Avg. Annual Appreciation
3.71%
Original Mortgage
$340,000
Outstanding Balance
$335,594
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$109,996

Purchase Details

Closed on
Oct 19, 2016
Sold by
Sowder William E and Sowder Julie D
Bought by
Reddish Mark and Reddish Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
3.42%
Mortgage Type
New Conventional
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
Thompson Zachery A $425,000 None Listed On Document
Reddish Mark -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Zachery A $340,000
Previous Owner Reddish Mark $124,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $425,000 0.0% $217 / Sq Ft
05/13/2024 05/13/24 Pending -- -- --
05/09/2024 05/09/24 For Sale $425,000 -- $217 / 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
2025 $4,400 $359,480 $45,000 $314,480
2024 $4,400 $349,173 $45,000 $304,173
2023 $3,672 $349,173 $45,000 $304,173
2022 $3,592 $259,122 $45,000 $214,122
2021 $3,592 $259,122 $45,000 $214,122
2020 $3,380 $231,964 $45,000 $186,964
2019 $3,708 $231,964 $45,000 $186,964
2018 $3,698 $243,614 $0 $0
2017 $3,698 $237,019 $45,000 $192,019
2016 $3,418 $235,000 $45,763 $189,237
2015 $3,426 $235,000 $0 $0
2014 $3,352 $235,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 694971

Des Moines Area Association of REALTORS®

APN: 088226274450008