NOT LISTED FOR SALE

502 S State St Madrid, IA 50156

Estimated Value: $295,000 - $323,000

4 Beds
2 Baths
2,355 Sq Ft
$132/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $220,000 $93 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,109/month

6 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Outdoor Storage
  • No HOA
  • Formal Dining Room
  • 4-minute walk to Jensen Park

About This Home

As of October 2020

Words can not accurately describe this gorgeous home, just waiting for you to move right in. This impeccable home features beautiful, original refinished hardwood flooring, stunning ¼ swan oak trim and ceiling beams, large living room w/fireplace, spacious formal dining room w/built in buffet, sunroom/office w/french doors and a complete quality kitchen remodel w/cherry cupboards, quartz countertops, heated tile floor and stainless steel appliances. Aprox. 3100SqFt of finished space, 4 bedrooms w/walk-in closets, 2 updated spacious bathrooms, 2 sunrooms & laundry on the 2nd floor. Third floor features 4th bed/play/bonus room. Basement is partially finished w/bathroom. Electrical, Plumbing & windows have been updated. Too many upgrades to list. All this plus a three car garage & fenced yard. Garage & house w/new roofs. Call today for a showing before someone else does!

Last Agent to Sell the Property

Aaron Ackerlund

Keller Williams Realty GDM Listed on: 09/08/2020

Keller Williams Realty GDM

Last Buyer's Agent

Aaron Ackerlund

Keller Williams Realty GDM Listed on: 09/08/2020

Keller Williams Realty GDM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,765

Year Built

  • Built in 1922

Lot Details

  • 9,380 Sq Ft Lot
  • Property is Fully Fenced
  • Wood Fence
  • Chain Link Fence

Home Design

  • Brick Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,355 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Formal Dining Room
  • Den
  • Fire and Smoke Detector
  • Laundry on upper level

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 3 Car Detached Garage
  • Driveway

Outdoor Features

  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088226361386055

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,765

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 97.62
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 93.42
  • Termite: Follow Showing Instructions
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Direct Vent Gas
  • Fireplaces: 1
  • Interior Amenities: 2nd Flr Laundry, Hardwood Floors, Smoke Detector, Tile Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath Lower: 1
  • Basement Description: Partial Finished
  • Sq Ft Bsmt: 1094
  • Sq Ft Fin Bsmt: 849
  • Dining Room: Formal Dining Rm
  • Family Room: 1st Floor
  • Other Rooms: Study
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 2355
  • Total Sq Ft: 2355

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Exterior Storage Shed, Fully Fenced Yard
  • Fence Type: Chain Link, Wood
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage Sq Ft: 748
  • Garage: 3 Detached
  • Garage Parking Stalls: 3

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: See Remarks, Window Unit
  • Heat: Hot Water

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Madrid

Lot Info

  • Acres: 0.2200
  • Lot S F: 9380
  • Lot Shape: Regular
  • Assessor Parcel Number: 088226361386055
  • Zoning: RES

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: 4765.03
  • Net Taxes: 4757.08
  • Tax Year: 2019

MLS Schools

  • School District: Madrid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2020
Closed on
Oct 26, 2020
Sold by
Fisher Amanda and Fisher Nicholas
Bought by
Evans Margaret A and Evans Kevin B
Seller's Agent
Aaron Ackerlund
Keller Williams Realty GDM
Buyer's Agent
Aaron Ackerlund
Keller Williams Realty GDM
List Price
$229,900
Sold Price
$220,000
Premium/Discount to List
-$9,900
-4.31%
Current Estimated Value
$310,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,759
Avg. Annual Appreciation
7.43%
Original Mortgage
$209,000
Outstanding Balance
$186,404
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$124,355

Purchase Details

Listed on
Oct 15, 2018
Closed on
Nov 23, 2018
Sold by
Ringennberg Dirk D and Ringenberg Michelle R
Bought by
Fisher Amanda and Fisher Nicholas
Seller's Agent
Aaron Ackerlund
Keller Williams Realty GDM
Buyer's Agent
Aaron Ackerlund
Keller Williams Realty GDM
List Price
$219,900
Sold Price
$213,460
Premium/Discount to List
-$6,440
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.66%
Original Mortgage
$198,460
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2012
Closed on
May 15, 2012
Sold by
Peterson Nancy J and Peterson Nancy Jo
Bought by
Riggenberg Dirk D and Riggenberg Michelle R
Seller's Agent
Donald Lincoln
Larson Agency
Buyer's Agent
Donald Lincoln
Larson Agency
List Price
$155,000
Sold Price
$152,500
Premium/Discount to List
-$2,500
-1.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.20%
Original Mortgage
$147,162
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Evans Margaret A $220,000 None Available
Fisher Amanda $213,500 --
Riggenberg Dirk D $152,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Margaret A $209,000
Previous Owner Fisher Amanda $198,460
Previous Owner Riggenberg Dirk D $147,162
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $220,000 -4.3% $93 / Sq Ft
09/14/2020 09/14/20 Pending -- -- --
09/08/2020 09/08/20 For Sale $229,900 +7.7% $98 / Sq Ft
12/31/2018 12/31/18 Sold $213,460 -2.9% $91 / Sq Ft
11/30/2018 11/30/18 Pending -- -- --
10/15/2018 10/15/18 For Sale $219,900 +44.2% $93 / Sq Ft
05/16/2012 05/16/12 Sold $152,500 -1.6% $65 / Sq Ft
04/01/2012 04/01/12 Pending -- -- --
02/28/2012 02/28/12 For Sale $155,000 -- $66 / 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 $5,146 $288,016 $16,415 $271,601
2023 $4,985 $288,016 $16,415 $271,601
2022 $4,980 $225,554 $16,415 $209,139
2021 $4,980 $225,554 $16,415 $209,139
2020 $4,766 $201,054 $9,849 $191,205
2019 $3,936 $201,054 $9,849 $191,205
2018 $3,773 $162,356 $0 $0
2017 $3,768 $148,374 $4,925 $143,449
2016 $3,447 $148,374 $4,925 $143,449
2015 $3,450 $148,374 $0 $0
2014 $3,448 $148,374 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 613529

Des Moines Area Association of REALTORS®

APN: 088226361386055