NOT LISTED FOR SALE

449 Fairview Dr Madrid, IA 50156

Estimated Value: $227,000 - $248,000

4 Beds
2 Baths
861 Sq Ft
$277/Sq Ft Est. Value

Last Sold September 04, 2020

Last sale price $162,500 $189 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $1,567/month

8 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Main Floor Bedroom
  • Outdoor Storage
  • Ceiling Fan

About This Home

As of September 2020

Enjoy peaceful, small town living in this 4 bed, 2 bath split foyer in a quiet Madrid neighborhood. 2 bedrooms, 1 bath on the main floor and open kitchen with granite countertops, newer deck and updated bath. Lower level includes additional 2 bedrooms, 3/4 bath and family room. All new furnace, AC, water heater and roof within 5 years. Large, detached 2 car garage and small tool shed adorn the beautifully landscaped yard. Located within walking distance of elementary and high school. Call for your showing while it lasts!

Last Agent to Sell the Property

Kim Olmstead

Agency Iowa License #S66194 Listed on: 07/17/2020

Last Buyer's Agent

Marolynn Berrett

Hunziker & Assoc.-Boone License #6237200

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,566

Year Built

  • Built in 1979

Lot Details

  • 10,122 Sq Ft Lot
  • Property is zoned City-Residentia

Parking

  • 2 Car Detached Garage

Home Design

  • Split Foyer
  • Block Foundation
  • Vinyl Construction Material

Interior Spaces

  • 861 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Natural lighting in basement

Outdoor Features

  • Deck
  • Outdoor Storage
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 088226254486028

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,566

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.23
  • Road Frontage Type: Maintained
  • Road Surface Type: Hard Surface
  • Directions: Hwy 17 to E 22nd St. West to Fairview Drive. North to property on south side of road.
  • Above Grade Finished Sq Ft: 861.0
  • Architectural Style: Split Foyer
  • Garage Yn: Yes
  • Year Built: 1979
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Floor:Carpet: Yes
  • Features:Sump Pump2: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • Floor:Vinyl2: Yes
  • Features:Deck-Wood: Yes
  • Exterior:Vinyl: Yes
  • Features:Ceiling Fan(s): Yes
  • Features:Storage Shed4: Yes
  • Foundation:Concrete Block: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Has Basement: Daylight, Full, Sump Pump
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 400.0
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Basement:Full2: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Daylight: Yes
  • Features:Main Floor Bedroom: Yes

Exterior Features

  • Construction Type: Vinyl
  • Foundation Details: Block
  • Other Structures: Storage
  • Patio And Porch Features: Deck-Wood

Garage/Parking

  • General Information:Garage Type2: Detached
  • 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

Schools

  • Junior High Dist: Madrid

Lot Info

  • Lot Size Sq Ft: 10122.0
  • Parcel #: 088226254486028
  • Zoning: City-Residentia
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Sep 2, 2020
Sold by
Buchman Deanna K and Akers Gary Joseph
Bought by
Fahrmann Benjamin and Fahrmann Sarah
Seller's Agent
Kim Olmstead
Agency Iowa
Buyer's Agent
Marolynn Berrett
Hunziker & Assoc.-Boone
List Price
$175,000
Sold Price
$162,500
Premium/Discount to List
-$12,500
-7.14%
Current Estimated Value
$238,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,899
Avg. Annual Appreciation
7.75%
Original Mortgage
$149,500
Outstanding Balance
$134,394
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$101,938
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
Fahrmann Benjamin $162,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fahrmann Benjamin $149,500
Previous Owner Buchman Russell S $65,668
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2020 09/04/20 Sold $162,500 -7.1% $189 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $175,000 -- $203 / 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
2024 $3,566 $193,204 $25,440 $167,764
2023 $3,223 $193,204 $25,440 $167,764
2022 $3,216 $154,602 $25,440 $129,162
2021 $3,216 $154,602 $25,440 $129,162
2020 $3,526 $157,552 $18,171 $139,381
2019 $3,230 $157,552 $18,171 $139,381
2018 $3,095 $139,114 $0 $0
2017 $2,716 $120,967 $10,913 $110,054
2016 $2,669 $120,967 $10,913 $110,054
2015 $2,670 $120,967 $0 $0
2014 $2,604 $120,967 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kim Olmstead

    Seller's Agent in 2020

    Kim Olmstead

    Agency Iowa

    (515) 231-1607

    44 in this area

    143 Total Sales

    Kim Olmstead
    Section Image
  • Marolynn Berrett

    Buyer's Agent in 2020

    Marolynn Berrett

    Hunziker & Assoc.-Boone

    (515) 230-4837

    3 in this area

    73 Total Sales

    Marolynn Berrett
    Section Image
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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 55444

APN: 088226254486028

Iowa Boone County Madrid 50156

449 Fairview Dr, Madrid, IA

This home is located at 449 Fairview Dr, Madrid, IA 50156 since 17 July 2020 and is currently estimated at $238,399, approximately $276 per square foot. This property was built in 1979. 449 Fairview Dr is a home located in Boone County with nearby schools including Madrid Elementary School and Madrid Junior High School.

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