NOT LISTED FOR SALE

506 E 2nd St Madrid, IA 50156

Estimated Value: $167,000 - $195,000

3 Beds
1 Bath
952 Sq Ft
$187/Sq Ft Est. Value

Last Sold June 30, 2016

Last sale price $85,000 $89 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,170/month

90 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Forced Air Heating and Cooling System

About This Home

As of June 2016

Welcome to small town living here in Madrid Iowa. This home is nestled right in the heart of this cute town with a great school system, and just twenty minutes from anywhere in the metro you would want to be. The home features 3 bedrooms, 1 bath, with tons of function on this floor plan. It has a nice mud room and main floor laundry. This home has received a face lift in the last five years with new windows, siding, flooring, paint, air conditioner, furnace, and a full professional rewire of the home. This home has a great oversized back garage, alley access, and a sprawling back yard complete with tire swing. Priced well so won't last long.

Last Agent to Sell the Property

Cole Albright

Realty ONE Group Impact Listed on: 04/01/2016

Realty ONE Group Impact

Last Buyer's Agent

Deb Stokka

RE/MAX Precision

RE/MAX Precision

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $708

Year Built

  • Built in 1910

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 66x149

Home Design

  • Bungalow
  • Brick Foundation

Interior Spaces

  • 952 Sq Ft Home
  • Unfinished Basement
  • Crawl Space
  • Stove

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088225312286161

Home Details

Home Type

Single Family

Est. Annual Taxes

$708

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Bungalow
  • Lp Amt Sq Ft: 84.03
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 89.29
  • Termite: Call Listing Agent
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: See Remarks
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Basement Description: Crawl Space, Unfinished
  • Included Items: Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 952
  • Total Sq Ft: 952

Exterior Features

  • Foundation: Brick
  • Street Feature: Concrete
  • Trim: Mahogany, Paint

Garage/Parking

  • Driveway: Gravel
  • Garage: 1 Detached

Utilities

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

Association/Amenities

  • Amenities: See Remarks

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Madrid

Lot Info

  • Acres: 0.2300
  • Lot Shape: Regular
  • Lot Size: 66x149
  • Assessor Parcel Number: 088225312286161
  • 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: 708.00
  • Net Taxes: 708.00
  • Tax Year: 2014

MLS Schools

  • School District: Madrid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2016
Closed on
Jun 24, 2016
Sold by
Overfords Joshua and Overfords Sarah
Bought by
Schmidt Austin D
Seller's Agent
Cole Albright
Realty ONE Group Impact
Buyer's Agent
Deb Stokka
RE/MAX Precision
List Price
$80,000
Sold Price
$85,000
Premium/Discount to List
$5,000
6.25%
Current Estimated Value
$178,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,390
Avg. Annual Appreciation
8.46%

Purchase Details

Closed on
Apr 27, 2011
Sold by
Federal National Mortgage Association
Bought by
Overfors Joshua and Overfors Sarah
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
Schmidt Austin D $85,000 None Available
Overfors Joshua -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmidt Austin D $39,341
Previous Owner Tinkle Brenda $62,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2016 06/30/16 Sold $85,000 +6.3% $89 / Sq Ft
06/30/2016 06/30/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $80,000 -- $84 / 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 $2,324 $133,210 $16,500 $116,710
2023 $2,093 $133,210 $16,500 $116,710
2022 $2,086 $103,470 $16,500 $86,970
2021 $2,086 $103,470 $16,500 $86,970
2020 $2,016 $93,872 $11,550 $82,322
2019 $1,640 $93,872 $11,550 $82,322
2018 $1,571 $74,825 $0 $0
2017 $718 $29,754 $6,600 $23,154
2016 $711 $29,754 $6,600 $23,154
2015 $708 $29,754 $0 $0
2014 $692 $29,754 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cole Albright

    Seller's Agent in 2016

    Cole Albright

    Realty ONE Group Impact

    (515) 720-4064

    39 Total Sales

    Section Image

  • D

    Buyer's Agent in 2016

    Deb Stokka

    RE/MAX

    (515) 238-6210

    1 in this area

    62 Total Sales

    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 514407

Des Moines Area Association of REALTORS®

APN: 088225312286161

Iowa Boone County Madrid 50156

506 E 2nd St, Madrid, IA

This home is located at 506 E 2nd St, Madrid, IA 50156 since 01 April 2016 and is currently estimated at $178,390, approximately $187 per square foot. This property was built in 1910. 506 E 2nd St is a home located in Boone County with nearby schools including Madrid Elementary School and Madrid Junior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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