NOT LISTED FOR SALE

505 E Madison St Jefferson, IA 50129

Estimated Value: $202,000 - $235,000

3 Beds
2 Baths
1,152 Sq Ft
$187/Sq Ft Est. Value

Last Sold July 06, 2021

Last sale price $163,000 $141 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,419/month

5 Days on Market

Highlights

  • 0.48 Acre Lot
  • No HOA
  • Concrete Block With Brick
  • Bonus Room
  • 2 Car Attached Garage
  • Living Room

About This Home

As of July 2021

Remodeled split level that is move-in ready!! 2016 and 2017 updates include new flooring, windows, siding, exterior doors, cabinets, countertops, tankless water heater, A/C unit, appliances, and new underground electrical. Main level has living room and kitchen/dining. Upper level has 3 bedrooms and full bath. Lower level is the 2 car garage and garden/tool shed. The basement is partially finished with a multi-purpose room and the other half of the basement has laundry, utilities, storage and open ¾ bath. Stove, refrigerator, microwave, dishwasher and disposal will remain. Patio doors off the kitchen lead to a 10 x 10 wood deck and a huge back yard - almost half an acre!! Roof is approximately 8 to 10 years old. Excellent location on a quiet dead-end street and it's right beside the bike trail. Washer, dryer, window treatments and 220 hookup in the garage are negotiable.

Last Agent to Sell the Property

Linda Eighmy

Jefferson Iowa Realty License #*** Listed on: 05/12/2021

Jefferson Iowa Realty

Last Buyer's Agent

Amanda Bills

Jefferson Iowa Realty License #***

Jefferson Iowa Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,938

Year Built

  • Built in 1972

Lot Details

  • 0.48 Acre Lot
  • Lot Dimensions are 107 x 194

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home
  • Concrete Block With Brick
  • Vinyl Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • Living Room
  • Bonus Room
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,938

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Construction Status: Previously Owned
  • Copyright Remarks: Yes
  • Legal Description: OUT LOTS - LOT 4 IN SUB-DIV OF OL 14
  • Municipality: Jefferson
  • Year Built: 1972
  • OFFICELIST_ADDRESS: 505 E Madison Street
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2021-05-12
  • List Office I D: 200
  • Sales Office I D: 200
  • Selling Agent: 947
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Street
  • Building Style: Split Level
  • Bedroom 1 Level: Upper
  • Special Features: None

Interior Features

  • Common Walls: No
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Tankless Water Heater, Disposal
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: No
  • Total Bathrooms: 2
  • Basement: Partial, Partial Finished, Concrete Block
  • Dining Room: No
  • Family Room: No
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Room 1: Bonus Room
  • Price Per S Q F T: 141.49
  • Above Grade Finished Sq Ft: 1152
  • Below Grade Finished Sq Ft: 240
  • Below Grade Total Sq Ft: 480
  • Fireplace: No
  • Room Types: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Kitchen, Living Room
  • Three Quarter Bathrooms: 1
  • Bedroom 2 Level: Upper
  • Bedroom 3 Level: Upper
  • Extra Room1 Level: Basement
  • Living Room Level: Main

Exterior Features

  • Waterfront Present: No
  • Construction Status: No
  • Exterior: Vinyl

Garage/Parking

  • Description: Attached Garage
  • Fuel: Electric, Natural Gas

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 2
  • Heating: Forced Air
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected
  • Electric: Circuit Breakers

Association/Amenities

  • Complex/Development/Subdivision: The Original Town/Jefferson

Condo/Co-op/Association

  • Association Fee YN: No

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District Number: 3195
  • School District Phone: 515-386-4168

Lot Info

  • New Develop: No
  • Acres: 0.48
  • Assessment Pending: No
  • Homestead Description: Owner
  • Lot Dimensions: 107 x 194
  • Lot Size Sq Ft: 20909
  • Lot Size Units: Acres

Green Features

  • Certification: No

Rental Info

  • Availability: Unavailable
  • Rental License: No

Tax Info

  • Tax With Assessments: 1938
  • Tax Year: 2020
  • Gross Taxes: 1938

MLS Schools

  • School District: 3195 - Greene County
  • School District Name: Greene County

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2021
Closed on
Jun 30, 2021
Sold by
Robinson Eric D and Robinson Tiffany A
Bought by
Wenger Michael D and Wenger Monica
Seller's Agent
Linda Eighmy
Jefferson Iowa Realty
Buyer's Agent
Amanda Bills
Jefferson Iowa Realty
List Price
$165,000
Sold Price
$163,000
Premium/Discount to List
-$2,000
-1.21%
Current Estimated Value
$215,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,833
Avg. Annual Appreciation
6.45%
Original Mortgage
$147,510
Outstanding Balance
$133,990
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$81,843

Purchase Details

Listed on
May 5, 2016
Closed on
Oct 6, 2016
Sold by
Lynn Holsclaw
Bought by
Carstens Curtis
Seller's Agent
Linda Eighmy
Jefferson Iowa Realty
Buyer's Agent
Linda Eighmy
Jefferson Iowa Realty
List Price
$88,000
Sold Price
$70,000
Premium/Discount to List
-$18,000
-20.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.48%
Original Mortgage
$63,000
Interest Rate
3.42%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wenger Michael D $164,000 None Listed On Document
Carstens Curtis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wenger Michael D $147,510
Previous Owner Carstens Curtis $63,000
Previous Owner Carstens Curtis --
Closed Wenger Michael D $16,390
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2021 07/06/21 Sold $163,000 -1.2% $141 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/12/2021 05/12/21 For Sale $165,000 +135.7% $143 / Sq Ft
10/05/2016 10/05/16 Sold $70,000 -20.5% $61 / Sq Ft View Prior Sale
08/04/2016 08/04/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $88,000 -- $76 / Sq Ft
Source: NoCoast MLS

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 $3,492 $200,200 $27,000 $173,200
2024 $3,492 $189,800 $27,000 $162,800
2023 $2,332 $184,300 $27,000 $157,300
2022 $2,088 $102,800 $16,200 $86,600
2021 $1,986 $102,800 $16,200 $86,600
2020 $1,986 $94,400 $16,200 $78,200
2019 $1,624 $77,800 $0 $0
2018 $1,576 $77,800 $0 $0
2017 $1,576 $71,100 $0 $0
2016 $1,244 $71,100 $0 $0
2015 $1,244 $71,100 $0 $0
2014 $1,246 $71,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC5755528

NoCoast MLS

APN: 11-08-344-004