NOT LISTED FOR SALE

315 Little St Madrid, IA 50156

Estimated Value: $232,000 - $340,000

3 Beds
1.5 Baths
1,392 Sq Ft
$197/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $215,000 $154 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,846/month

62 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • Gas Fireplace

About This Home

As of May 2022

This home has gone through a complete makeover and has so much to offer-including a five year tax abatement schedule! There isn't much that hasn't been touched in this two-story Madrid home that is near the elementary school. The work includes new mechanicals, siding, addition of central air, kitchen, appliances, bathrooms, flooring, fireplace, just to name some of the areas that have been done. Then what about the wrap-around porch? This is a feature that definitely draws attention to the home. In addition to the nice 3 BR home, there is a two-car garage that has power to it. So you get an updated home, small-town living, very close access to the High Trestle Trail bike path, easy commute to the metro, and reduced taxes for the the next 5 years! It goes without saying that you won't want to wait long to get a look at this one. Call today to schedule a visit!

Last Agent to Sell the Property

Matt Cole

RE/MAX Concepts Listed on: 03/25/2022

RE/MAX Concepts

Last Buyer's Agent

Amy Dempsey

Iowa Realty Mills Crossing

Iowa Realty Mills Crossing

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,124

Year Built

  • Built in 1918

Lot Details

  • 8,448

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,392 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Unfinished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • 8,448 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088226361286198

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,124

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 150.86
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 154.45
  • Year Built: 1918
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Direct Vent Gas
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Half Bathrooms: 1
  • First Floor Half Bathrooms: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 672
  • Included Items: Dishwasher, Microwave, Stove
  • Living Area Sq Ft: 1392
  • Total Sq Ft: 1392

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Garage: 2 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Madrid

Lot Info

  • Acres: 0.1900
  • Lot S F: 8448
  • Lot Shape: Regular
  • Assessor Parcel Number: 088226361286198
  • Zoning: R

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: 3124.00
  • Net Taxes: 3124.00

MLS Schools

  • School District: Madrid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 25, 2022
Sold by
Arlington Properties Dsm Llc
Bought by
Bollinger Noah J and Bollinger Hannah J
Seller's Agent
Matt Cole
RE/MAX Concepts
Buyer's Agent
Amy Dempsey
Iowa Realty Mills Crossing
List Price
$210,000
Sold Price
$215,000
Premium/Discount to List
$5,000
2.38%
Current Estimated Value
$274,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,509
Avg. Annual Appreciation
7.71%
Original Mortgage
$219,945
Outstanding Balance
$209,289
Interest Rate
5.11%
Mortgage Type
VA
Estimated Equity
$65,220

Purchase Details

Closed on
Mar 11, 2021
Sold by
The Bank Of New York Mellon
Bought by
Arlington Properties Dsm Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,500
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 2020
Sold by
Boone County Sheriff
Bought by
Carrington Mortgage Services Llc

Purchase Details

Closed on
Nov 24, 2006
Sold by
Varvel Donna J and Mills Donna Jean
Bought by
Varvel Mark S and Varvel Donna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,100
Interest Rate
9.39%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Bollinger Noah J $215,000 Barnett Ross F
Arlington Properties Dsm Llc $60,500 None Available
Carrington Mortgage Services Llc -- None Available
Varvel Mark S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bollinger Noah J $219,945
Previous Owner Arlington Properties Dsm Llc $96,500
Previous Owner Varvel Donna J $22,125
Previous Owner Varvel Mark S $92,100
Previous Owner Mills Donna J $16,023
Previous Owner Mills Donna Jean $10,497
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $215,000 +2.4% $154 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $210,000 +247.7% $151 / Sq Ft
06/25/2021 06/25/21 Sold $60,400 +0.8% $43 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
12/30/2020 12/30/20 For Sale $59,900 -- $43 / 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
2024 $4,344 $233,146 $16,368 $216,778
2023 $1,147 $233,146 $16,368 $216,778
2022 $1,338 $60,614 $16,368 $44,246
2021 $1,338 $60,588 $15,345 $45,243
2020 $3,082 $138,840 $12,603 $126,237
2019 $2,340 $138,840 $12,603 $126,237
2018 $2,243 $103,115 $0 $0
2017 $2,238 $90,628 $5,401 $85,227
2016 $1,949 $90,628 $5,401 $85,227
2015 $1,948 $90,628 $0 $0
2014 $1,898 $90,628 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 648239

Des Moines Area Association of REALTORS®

APN: 088226361286198