NOT LISTED FOR SALE

306 E Madison Ave Fairfield, IA 52556

Estimated Value: $156,000 - $184,000

4 Beds
3 Baths
2,192 Sq Ft
$79/Sq Ft Est. Value

Last Sold September 01, 2022

Last sale price $154,000 $70 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,126/month

Highlights

  • Main Floor Bedroom
  • Family Room
  • Wood Siding
  • Living Room

About This Home

As of September 2022

Multi-family dwelling with 3 apartments, conveniently located next to Washington Elementary School. Short walk to the town square. Easy access to Jefferson County Trail System. Live in one apartment and rent out the other two, or generate investment income through three rentals!

Last Agent to Sell the Property

Joanne Terrien

Village Realty Listed on: 07/25/2022

Co-Listed By

Michaela Mclain

Village Realty

Last Buyer's Agent

Joanne Terrien

Village Realty Listed on: 07/25/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,612

Year Built

  • Built in 1910

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 85 x 132.

Parking

  • On-Street Parking

Home Design

  • Wood Siding

Interior Spaces

  • 2,192 Sq Ft Home
  • Family Room
  • Living Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 3 Full Bathrooms

Utilities

  • Boiler Heating System

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,612

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Construction Status: Previously Owned
  • Legal Description: LAMSONS PT LT 3 & E 41' LT 4 BLK 2
  • Municipality: Fairfield Twp
  • Year Built: 1910
  • OFFICELIST_ADDRESS: 306 E Madison
  • Co Selling Office I D: 735
  • Distribute To Internet: Yes
  • List Office I D: 735
  • Sales Office I D: 735
  • Selling Agent: 2188
  • Building Style: Apartment Style
  • Bedroom 1 Level: Main
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Bedrooms: 4
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: (4th) Bedroom
  • Total Bathrooms: 3
  • Basement: Unfinished
  • Dining Room: No
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Price Per S Q F T: 70.26
  • Above Grade Finished Sq Ft: 2192
  • Above Grade Finished Sq Ft: 2192
  • Total Finished Sq Ft: 2192
  • Bedroom 2 Level: Main
  • Bedroom 3 Level: Main
  • Bedroom 4 Level: Main
  • Family Room Level: Main
  • Living Room Level: Main

Exterior Features

  • Exterior: Wood

Garage/Parking

  • Description: On-Street Parking Only
  • Fuel: Natural Gas

Utilities

  • Air Conditioner: None
  • Heating: Boiler
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 0.25
  • Geo Update Timestamp: 2022-07-25
  • Assessment Pending: No
  • Homestead Description: Owner
  • Lot Dimensions: 85 x 132.
  • Lot Size Sq Ft: 10890
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2020
  • Gross Taxes: 1612

MLS Schools

  • School District: 2169 - Fairfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2022
Closed on
Aug 31, 2022
Sold by
Sternfeld Michael K
Bought by
Rhodes John
Seller's Agent
Joanne Terrien
Village Realty
Buyer's Agent
Joanne Terrien
Village Realty
List Price
$159,000
Sold Price
$154,000
Premium/Discount to List
-$5,000
-3.14%
Views
1
Current Estimated Value
$172,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,377
Avg. Annual Appreciation
3.42%
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
Rhodes John $159,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2022 09/01/22 Sold $154,000 0.0% $70 / Sq Ft
08/31/2022 08/31/22 Price Changed $154,000 -3.1% $70 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/25/2022 07/25/22 For Sale $159,000 -- $73 / Sq Ft
Source: NoCoast MLS

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 $2,708 $163,900 $17,500 $146,400
2024 $2,708 $140,300 $17,500 $122,800
2023 $1,792 $140,300 $17,500 $122,800
2022 $2,096 $95,400 $23,600 $71,800
2021 $2,096 $70,700 $17,500 $53,200
2020 $1,734 $70,700 $17,500 $53,200
2019 $1,752 $65,300 $0 $0
2018 $1,816 $65,300 $0 $0
2017 $1,816 $65,300 $0 $0
2016 $2,034 $65,300 $0 $0
2015 $1,980 $59,600 $0 $0
2014 $1,980 $59,600 $0 $0
2013 $2,156 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6300940

NoCoast MLS

APN: 06-36-127-009