NOT LISTED FOR SALE

309 E 1st St Madrid, IA 50156

Estimated Value: $258,000 - $297,000

3 Beds
2 Baths
1,848 Sq Ft
$151/Sq Ft Est. Value

Last Sold August 18, 2021

Last sale price $220,000 $119 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,844/month

74 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Outdoor Storage
  • Sun or Florida Room
  • Patio
  • Forced Air Heating and Cooling System

About This Home

As of August 2021

Adorable remodeled farm house in the heart of Madrid! Enjoy the summers swinging on the front porch enjoying all of the beautiful landscaping. Extra large kitchen living room and dining area. Laundry is on the main level for your convenience. Spacious bedrooms with plenty of space for the family. Front porch can be used as a bedroom or office. There is a newer back porch that opens up to nearly a 1/2 of an acre. The yard is extremely private with a garden already started for you! They have a pear tree, 2 peach trees, a McIntosh apple tree, a honey crisp apple tree, cherry bush, rhubarb, strawberries, magnum hops, and asparagus!

Last Agent to Sell the Property

Susan Sheldahl

Realty One Group Impact Listed on: 05/27/2021

Realty One Group Impact

Last Buyer's Agent

Erin Rundall

Keller Williams Realty GDM

Keller Williams Realty GDM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,272

Year Built

  • Built in 1900

Lot Details

  • Property is Fully Fenced
  • Chain Link Fence

Home Design

  • Block Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1,848 Sq Ft Home
  • 2-Story Property
  • Sun or Florida Room
  • Fire and Smoke Detector
  • Laundry on main level
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

Parking

  • 2 Car Detached Garage
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088226361186021

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,272

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 119.05
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 119.05
  • Termite: Follow Showing Instructions
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: 1st Flr Laundry, Cable TV, Carpeting, Hardwood Floors, Smoke Detector, Tile Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Unfinished
  • Other Rooms: 4 Season
  • Living Area Sq Ft: 1848
  • Total Sq Ft: 1848

Exterior Features

  • Exterior: Metal Siding
  • Exterior Features: Exterior Storage Shed, Fully Fenced Yard, Open Patio
  • Fence Type: Chain Link
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Oak

Garage/Parking

  • Driveway: Concrete
  • Garage Sq Ft: 576
  • Garage: 2 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Lot Info

  • Lot Shape: Regular
  • Assessor Parcel Number: 088226361186021
  • Zoning: Res

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 4272.00
  • Net Taxes: 4272.00

MLS Schools

  • School District: Madrid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Aug 16, 2021
Sold by
Englund Tricia and Englund Peter J
Bought by
Stegman Chalice Dawn
Seller's Agent
Susan Sheldahl
Realty One Group Impact
Buyer's Agent
Erin Rundall
Keller Williams Realty GDM
List Price
$229,000
Sold Price
$220,000
Premium/Discount to List
-$9,000
-3.93%
Current Estimated Value
$278,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,461
Avg. Annual Appreciation
5.55%
Original Mortgage
$216,015
Outstanding Balance
$195,830
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$82,631

Purchase Details

Listed on
Dec 7, 2017
Closed on
Dec 7, 2017
Sold by
Graves Adam R and Graves Brittany R
Bought by
Englund Tricia and Englund Peter J
Seller's Agent
OUTSIDE AGENT
OTHER
Buyer's Agent
Shane Torres
RE/MAX Concepts
List Price
$185,000
Sold Price
$185,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.79%
Original Mortgage
$179,450
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2012
Closed on
Apr 25, 2013
Sold by
Foster Ronald D and Foster Mary I
Bought by
Graves Adam R
Seller's Agent
Donald Lincoln
Larson Agency
Buyer's Agent
Brian Byriel
Hunziker & Assoc.-Ames
List Price
$138,900
Sold Price
$132,000
Premium/Discount to List
-$6,900
-4.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.68%
Original Mortgage
$134,693
Interest Rate
3.52%
Mortgage Type
New Conventional
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
Stegman Chalice Dawn $220,000 None Available
Englund Tricia $185,000 None Available
Graves Adam R $132,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stegman Chalice Dawn $216,015
Previous Owner Englund Tricia $179,450
Previous Owner Graves Adam R $134,693
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2021 08/18/21 Sold $220,000 0.0% $119 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
06/16/2021 06/16/21 Price Changed $220,000 -1.8% $119 / Sq Ft
06/07/2021 06/07/21 Price Changed $224,000 -2.2% $121 / Sq Ft
05/27/2021 05/27/21 For Sale $229,000 +23.8% $124 / Sq Ft
12/16/2017 12/16/17 Pending -- -- --
12/08/2017 12/08/17 Sold $185,000 0.0% $112 / Sq Ft View Prior Sale
12/08/2017 12/08/17 Sold $185,000 0.0% $112 / Sq Ft View Prior Sale
12/07/2017 12/07/17 For Sale $185,000 -2.1% $112 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
10/23/2017 10/23/17 For Sale $189,000 +43.2% $114 / Sq Ft
05/17/2013 05/17/13 Sold $132,000 -5.0% $71 / Sq Ft View Prior Sale
03/12/2013 03/12/13 Pending -- -- --
10/01/2012 10/01/12 For Sale $138,900 -- $75 / 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 $4,630 $302,710 $35,020 $267,690
2024 $4,630 $237,639 $25,015 $212,624
2023 $4,317 $237,639 $25,015 $212,624
2022 $4,264 $193,173 $25,015 $168,158
2021 $4,264 $193,173 $25,015 $168,158
2020 $4,272 $180,251 $19,262 $160,989
2019 $3,094 $180,251 $19,262 $160,989
2018 $3,000 $125,054 $0 $0
2017 $2,964 $104,407 $11,007 $93,400
2016 $2,486 $104,407 $11,007 $93,400
2015 $2,484 $104,407 $0 $0
2014 $2,426 $104,407 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 630100

Des Moines Area Association of REALTORS®

APN: 088226361186021