NOT LISTED FOR SALE

402 Springer Ct Madrid, IA 50156

Estimated Value: $324,000 - $339,000

3 Beds
2 Baths
1,300 Sq Ft
$253/Sq Ft Est. Value

Last Sold March 02, 2022

Last sale price $279,250 $215 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,213/month

155 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Carpet
  • 1-Story Property
  • Under Construction

About This Home

As of March 2022

Why Rent when you can own your own new home? The new Grant Ranch plan has 1300 sq. ft. of living space! This home features an eat-in kitchen opening into the large great room. 1st floor laundry, 3 bedrooms, and 2 baths. 2 car attached garage. 2 year builder warranty. Greenland Homes American Dream Series is building in Altoona, Ankeny, Bondurant, Madrid, Granger, and Waukee. Ask about NO CLOSING COSTS with Preferred Lender! To view additional floor plans and communities where Greenland is building, go to the Greenland Homes website: www.greenlandhomesiowa.com. Estimated date of completion of home: 10/29/2021

Last Agent to Sell the Property

Tammy Heckart

RE/MAX Concepts-Ankeny License #S43121 Listed on: 05/25/2021

RE/MAX Concepts-Ankeny

Last Buyer's Agent

Member Non

CENTRAL IOWA BOARD OF REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • Property is zoned PUD

HOA Fees

  • $23 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Poured Concrete
  • Vinyl Construction Material

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Community Details

  • Built by Greenland Homes

Listing and Financial Details

  • Assessor Parcel Number 088225303386265

Home Details

Home Type

Single Family

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$23 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Hard Surface
  • Directions: Head North on I35, then head West on on highway 210 until you get to Madrid. Turn right onto Annex Rd then head North until you get to Kingsman Blvd, turn right into Tiger Run development.
  • Above Grade Finished Sq Ft: 1300.0
  • Architectural Style: 1 Story
  • Garage Yn: Yes
  • Year Built: 2021
  • Foundation:Poured: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Appliances Microwave: Yes
  • Cooling:Central Air: Yes
  • Floor:Carpet: Yes
  • Floor:Vinyl2: Yes
  • Exterior:Vinyl: Yes
  • Property Condition:Under Construction: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Vinyl, Carpet
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes

Exterior Features

  • Builder Name: Greenland Homes
  • 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

  • Association Fee: 275.0
  • Association: Yes

Association/Amenities

  • General Information:Association Fee: 275.0
  • General Information:Association Fee Per: Yearly

Schools

  • Junior High Dist: Madrid

Lot Info

  • Development Status: Under Construction
  • Parcel #: 088225303386265
  • Zoning: PUD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Mar 3, 2022
Sold by
Greenland Homes
Bought by
Gealow Austin Duane and Gealow Madison
Seller's Agent
Tammy Heckart
RE/MAX Concepts-Ankeny
Buyer's Agent
Member Non
CENTRAL IOWA BOARD OF REALTORS
List Price
$275,500
Sold Price
$279,250
Premium/Discount to List
$3,750
1.36%
Current Estimated Value
$329,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,203
Avg. Annual Appreciation
4.36%
Original Mortgage
$274,191
Outstanding Balance
$255,035
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$74,418

Purchase Details

Listed on
May 25, 2021
Closed on
Mar 2, 2022
Sold by
Greenland Homes
Bought by
Gealow Austin Duane and Gealow Madison
Seller's Agent
Tammy Heckart
RE/MAX Concepts-Ankeny
Buyer's Agent
Member Non
CENTRAL IOWA BOARD OF REALTORS
List Price
$275,500
Sold Price
$279,250
Premium/Discount to List
$3,750
1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,191
Outstanding Balance
$255,035
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$74,418
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
Gealow Austin Duane $279,500 Abendroth Russell Barnett Law
Gealow Austin Duane $279,500 Abendroth Russell Barnett Law
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gealow Austin Duane $274,191
Closed Gealow Austin Duane $274,191
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2022 03/02/22 Sold $279,250 +1.4% $215 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $275,500 +445.5% $212 / Sq Ft
01/15/2021 01/15/21 Sold $50,500 +1.2% $39 / Sq Ft View Prior Sale
10/12/2020 10/12/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $49,900 -- $38 / Sq Ft
Source: Central Iowa Board 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 $5,618 $301,350 $55,640 $245,710
2024 $5,618 $288,310 $39,744 $248,566
2023 $5,479 $288,310 $39,744 $248,566
2022 $64 $247,953 $39,744 $208,209
2021 $64 $2,882 $2,882 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Tammy Heckart

    RE/MAX

    (515) 599-8807

    24 in this area

    1,326 Total Sales

    Tammy Heckart
    Section Image

  • M

    Buyer's Agent in 2022

    Member Non

    CENTRAL IOWA BOARD OF REALTORS

  • Justin Dodge

    Seller's Agent in 2021

    Justin Dodge

    Hunziker & Assoc.-Ames

    (515) 239-8676

    32 in this area

    36 Total Sales

    Justin Dodge
    Section Image
See All Agents

Map

Source: Central Iowa Board of REALTORS®

MLS Number: 57723

APN: 088225303386265

Iowa Boone County Madrid 50156

402 Springer Ct, Madrid, IA

Not Listed for Sale

Detached

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