NOT LISTED FOR SALE

308 E 3rd St Madrid, IA 50156

Madrid Area

Estimated Value: $269,000 - $287,000

4 Beds
2.5 Baths
2,542 Sq Ft
$110/Sq Ft Est. Value

Sale Details

Date Sold: August 18, 2020

Last sale price $215,000 $85 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,924 / mo

5 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • 2.5 Car Attached Garage
  • Wood Flooring
  • Porch
  • Patio

About This Home

As of August 2020

Welcome home to your own in-town oasis- fully remodeled turn of the century A-frame with character and charm! 4 bedrooms, 2 bathrooms with additional 3rd partial bath (sink and shower) off of main floor master. Large living room with gas fireplace and vaulted ceilings, Eat-in kitchen with quarter-sawn White Oak kitchen cabinets with soft close, granite countertops and stainless steel appliances and full bath. Unconventional master on backside of house leads to the beautifully landscaped yard, including deck, concrete patio and above-ground pool. Second floor has second master suite with 3/4 bath, 2 additional bedrooms and large loft that overlooks the living room. Pride in craftsmanship is seen throughout!

Last Agent to Sell the Property

Kim Olmstead

Agency Iowa License #S66194 Listed on: 06/19/2020

Last Buyer's Agent

Kim Olmstead

Agency Iowa License #S66194 Listed on: 06/19/2020

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 4,543 Sq Ft Lot
  • Property is zoned City

Parking

  • 2.5 Car Attached Garage

Home Design

  • Block Foundation
  • Masonite

Interior Spaces

  • 2,542 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Sump Pump

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 088226361186177

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

4,543 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.1
  • Road Surface Type: Hard Surface
  • Directions: Hwy 17 to E Second St. West to S Cedar, South to E Third, East to property on South side of dead end street.
  • Above Grade Finished Sq Ft: 1160.0
  • Architectural Style: 1 1/2 Story
  • Garage Yn: Yes
  • Year Built: 1900
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Floor:Carpet: Yes
  • Floor:Tile2: Yes
  • Features:Main Floor Laundry2: Yes
  • Features:Sump Pump2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Features:Deck-Wood: Yes
  • Features:Ceiling Fan(s): Yes
  • Floor:Hardwood: Yes
  • Foundation:Concrete Block: Yes
  • Exterior:Masonite: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Has Basement: None, Sump Pump
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Hardwood, Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Fireplace:Gas9: Yes
  • Basement:None3: Yes
  • Features:Main Floor Bedroom: Yes
  • Appliances:_two_nd Refrigerator: Yes

Exterior Features

  • Construction Type: Masonite
  • Foundation Details: Block, Tile
  • Patio And Porch Features: Deck-Wood, Patio, Porch - Open
  • Features:Patio3: Yes
  • Features:Porch - Open: Yes

Garage/Parking

  • General Information:Garage Type2: Attached
  • General Information:Garage Capacity: 2.5 Car

Utilities

  • Laundry Features: Main Level
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: Madrid

Lot Info

  • Lot Size Sq Ft: 4543.0
  • Parcel #: 088226361186177
  • Zoning: City
  • ResoLotSizeUnits: SquareFeet

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2020
Closed on
Aug 18, 2020
Sold by
Smith Shane and Smith Reagan
Bought by
Seller's Agent
Kim Olmstead
Agency Iowa
Buyer's Agent
Kim Olmstead
Agency Iowa
List Price
$240,000
Sold Price
$215,000
Premium/Discount to List
-$25,000
-10.42%
Current Estimated Value
$278,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,695
Avg. Annual Appreciation
4.37%
Original Mortgage
$172,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2020
Closed on
Jul 30, 2020
Sold by
Snider Kathy and Harney James
Bought by
Smith Shane P and Smith Reagan E
Seller's Agent
Kim Olmstead
Agency Iowa
Buyer's Agent
Kim Olmstead
Agency Iowa
List Price
$240,000
Sold Price
$215,000
Premium/Discount to List
-$25,000
-10.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2005
Sold by
Harney Kathy Snider and Snider Kathy
Bought by
Smith Shane and Smith Reagan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
10.35%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Madrid, IA

  • Brett Mount Real Estate Agent - RE/MAX Concepts-Ames

    Brett Mount

    RE/MAX Concepts-Ames

    (515) 305-3680

    50 Total Sales

    1 in Madrid

    $285,450 Price

    Brett Mount
     Section Image
  • Chris Kew Real Estate Agent - RE/MAX Precision

    Chris Kew

    RE/MAX Precision

    (515) 500-2960

    280 Total Sales

    4 in Madrid

    $145K - $235K Price Range

    Chris Kew
     Section Image
  • Liz Lashier Real Estate Agent - NextHome Your Way

    Liz Lashier

    NextHome Your Way

    (515) 512-4526

    151 Total Sales

    1 in Madrid

    $372,500 Price

    Liz Lashier
     Section Image
  • Cody Greenfield Real Estate Agent - RE/MAX Precision

    Cody Greenfield

    RE/MAX Precision

    (515) 686-6406

    165 Total Sales

    2 in Madrid

    $189,500 Price Range

    Cody Greenfield
     Section Image
  • James Horstman Real Estate Agent - Hunziker & Associates, Inc.

    James Horstman

    Hunziker & Associates, Inc.

    (515) 305-3017

    167 Total Sales

    2 in Madrid

    $130,000 Price Range

    James Horstman
     Section Image
  • Susie Sheldahl Real Estate Agent - Realty One Group Impact

    Susie Sheldahl

    Realty One Group Impact

    (515) 461-8610

    271 Total Sales

    13 in Madrid

    $147K - $350K Price Range

    Susie Sheldahl
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$215,000 None Available
Smith Shane P -- None Available
Smith Shane $63,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $40,300
Open Sweet Jennifer R $172,000
Closed Sweet Jennifer R $172,000
Previous Owner Smith Shane $70,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/18/2020 08/18/20 Sold $215,000 -10.4% $85 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $240,000 -- $94 / Sq Ft
Source: Central Iowa Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,632 $290,850 $24,580 $266,270
2024 $4,632 $247,962 $17,556 $230,406
2023 $4,170 $247,962 $17,556 $230,406
2022 $4,152 $196,982 $16,132 $180,850
2021 $4,152 $191,640 $10,790 $180,850
2020 $4,054 $177,627 $7,950 $169,677
2019 $3,436 $153,754 $7,950 $145,804
2018 $2,246 $102,943 $0 $0
2017 $2,234 $88,182 $3,407 $84,775
2016 $1,891 $88,182 $3,407 $84,775
2015 $1,890 $88,182 $0 $0
2014 $1,842 $88,182 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Olmstead Real Estate Agent - Agency Iowa

    Seller's Agent in 2020

    Kim Olmstead

    Agency Iowa

    (515) 231-1607

    134 Total Sales

    Kim Olmstead
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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 55211

APN: 088226361186177

Iowa Boone County Madrid 50156

308 E 3rd St, Madrid, IA

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