NOT LISTED FOR SALE

311 E 3rd St Madrid, IA 50156

Estimated Value: $351,000 - $430,000

4 Beds
3.5 Baths
1,794 Sq Ft
$214/Sq Ft Est. Value

Last Sold June 24, 2022

Last sale price $349,900 $195 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,579/month

57 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Community Pool

About This Home

As of June 2022

One of a kind, in-town setting on almost half an acre! 4 bedroom, 3.5 bathroom with space to spread out. Large living room, spacious kitchen with pantry. 3 bedrooms upstairs, primary bedroom with attached bath and walk in closet. Lower level has 4th bedroom, full bath and family room. Plenty of storage throughout! The perks continue with an above ground pool AND additional 2 car detached garage! If you've been looking for space to roam, with the comfort of in-town living... look no further!

Last Agent to Sell the Property

Kim Olmstead

Agency Iowa License #S66194 Listed on: 03/11/2022

Last Buyer's Agent

Kim Olmstead

Agency Iowa License #S66194 Listed on: 03/11/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2009

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 140 x 140
  • Property is zoned City

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1,794 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 088226361186206

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.45
  • Lot Size: 140 x 140
  • Directions: Hwy 17 to E 2nd St. West to S Cedar, south to E Third St. East to property.
  • Architectural Style: 2 Story
  • Garage Yn: Yes
  • Year Built: 2009
  • Foundation:Poured: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Floor:Carpet: Yes
  • Floor:Laminate: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Exterior:Vinyl: Yes
  • Floor:Hardwood: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Has Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 672.0
  • Flooring: Laminate, Hardwood, Carpet
  • Basement:Full2: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes

Exterior Features

  • Construction Type: Vinyl
  • Foundation Details: Poured

Garage/Parking

  • General Information:Garage Type2: Attached
  • General Information:Garage Capacity: 2 Car

Utilities

  • 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

Condo/Co-op/Association

  • Amenities: Pool
  • Association: Yes

Association/Amenities

  • Amenities:Swimming Pool: Yes

Schools

  • Junior High Dist: Madrid

Lot Info

  • Lot Size Sq Ft: 19600.0
  • Parcel #: 088226361186206
  • Zoning: City
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2022
Closed on
Jun 23, 2022
Sold by
Smith Brett A and Smith Jessica A
Bought by
Wellik Nicholas and Wallik Jenna
Seller's Agent
Kim Olmstead
Agency Iowa
Buyer's Agent
Kim Olmstead
Agency Iowa
List Price
$419,500
Sold Price
$349,900
Premium/Discount to List
-$69,600
-16.59%
Current Estimated Value
$383,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,519
Avg. Annual Appreciation
2.58%
Original Mortgage
$332,405
Outstanding Balance
$316,367
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$67,052

Purchase Details

Listed on
Oct 10, 2014
Closed on
Dec 1, 2014
Sold by
Havlk Randy S and Havlik Dana Anne
Bought by
Smith Brett A and Smith Jessica A
Seller's Agent
Steph Reed
RE/MAX Concepts-Ankeny
Buyer's Agent
Erin Owen
Heartland Realty
List Price
$230,000
Sold Price
$227,500
Premium/Discount to List
-$2,500
-1.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.89%

Purchase Details

Closed on
Dec 17, 2008
Sold by
Harney James J and Harney Kathy Snider
Bought by
Havlik Randy S and Havlik Jodi J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wellik Nicholas $350,000 Hubbard Aaron M
Wellik Nicholas $350,000 Hubbard Aaron M
Smith Brett A $227,500 None Available
Smith Brett A -- None Available
Walters Denise E $227,500 None Available
Havlik Randy S $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wellik Nicholas $332,405
Closed Wellik Nicholas $332,405
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/24/2022 06/24/22 Sold $349,900 -16.6% $195 / Sq Ft
05/08/2022 05/08/22 Pending -- -- --
03/11/2022 03/11/22 For Sale $419,500 +84.4% $234 / Sq Ft
12/18/2014 12/18/14 Sold $227,500 -1.1% $124 / Sq Ft View Prior Sale
10/17/2014 10/17/14 Pending -- -- --
10/10/2014 10/10/14 For Sale $230,000 -- $125 / Sq Ft
Source: Central Iowa Board of REALTORS®

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 $7,056 $367,340 $36,020 $331,320
2024 $7,056 $362,056 $25,725 $336,331
2023 $6,230 $362,056 $25,725 $336,331
2022 $6,188 $280,281 $25,725 $254,556
2021 $6,188 $280,281 $25,725 $254,556
2020 $6,610 $278,889 $24,010 $254,879
2019 $6,170 $278,889 $24,010 $254,879
2018 $5,938 $249,386 $0 $0
2017 $5,910 $222,017 $13,720 $208,297
2016 $5,280 $222,017 $13,720 $208,297
2015 $578 $24,261 $0 $0
2014 -- $11,151 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Olmstead

    Seller's Agent in 2022

    Kim Olmstead

    Agency Iowa

    (515) 231-1607

    42 in this area

    136 Total Sales

    Kim Olmstead
    Section Image

  • S

    Seller's Agent in 2014

    Steph Reed

    RE/MAX

    (515) 988-9954

    2 Total Sales

    Steph Reed
    Section Image

  • E

    Buyer's Agent in 2014

    Erin Owen

    Heartland Realty

    Section Image
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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 59577

APN: 088226361186206

Iowa Boone County Madrid 50156

311 E 3rd St, Madrid, IA

Not Listed for Sale

Detached

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