Brett Mount
RE/MAX Concepts-Ames
(515) 305-3680
50 Total Sales
1 in Madrid
$285,450 Price
509 E 1st St Madrid, IA 50156
Madrid Area
2
Beds
1
Bath
828
Sq Ft
0.26
Acre Lot
Highlights
- Ranch Style House
- No HOA
- Forced Air Heating and Cooling System
About This Home
As of June 2026Charming 2 bedroom, 1 bathroom ranch that is move in ready and full of character. From the moment you walk in, you'll notice the arched doorways that give this home a unique feel you don't see every day.
The main living areas offer a comfortable layout with plush carpet and great natural light. The kitchen features a tile backsplash and comes fully equipped with refrigerator and stove, making for an easy transition for the next owner.
Major update with all new windows installed in March 2025, helping with efficiency while bringing in even more natural light throughout the home. Gas forced air heat and central air keep things comfortable year round.
Located in a great area with quick access to the High Trestle Trail, perfect for biking, walking, and enjoying the outdoors. All information obtained from seller an dpublic record.
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,003
Year Built
- Built in 1920
Lot Details
- 11,220 Sq Ft Lot
- Lot Dimensions are 68x165
Parking
- Gravel Driveway
Home Design
- 828 Sq Ft Home
- Ranch Style House
- Brick Foundation
- Stucco
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 1 Full Bathroom
Additional Features
- Stove
- Forced Air Heating and Cooling System
- Partially Finished Basement
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 088225312286102
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2026
Closed on
Jun 11, 2026
Sold by
Pearson Real Estate Llc
Bought by
Seller's Agent
Bo Cosens
RE/MAX Precision
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$160,000
Sold Price
$160,000
Views
91
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.02%
Original Mortgage
$157,051
Outstanding Balance
$157,051
Interest Rate
6.3%
Mortgage Type
FHA
Estimated Equity
$2,167
Purchase Details
Listed on
Apr 20, 2017
Closed on
Jun 21, 2017
Sold by
Neal Martin S and Neal Cheryl A
Bought by
Pearson Real Estate Llc
Seller's Agent
Donald Lincoln
Nerem & Associates
Buyer's Agent
Donald Lincoln
Nerem & Associates
List Price
$74,900
Sold Price
$66,000
Premium/Discount to List
-$8,900
-11.88%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%
Original Mortgage
$49,500
Interest Rate
3.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 28, 2007
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Neal Martin S and Neal Cheryl A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,600
Interest Rate
6.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 9, 2006
Sold by
Houseman Eric D and Houseman Nicole R
Bought by
Watts Marty W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,700
Interest Rate
6.33%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Madrid, IA
-
Brett Mount
-
Chris Kew
Chris Kew
RE/MAX Precision
(515) 500-2960
280 Total Sales
4 in Madrid
$145K - $235K Price Range
-
Liz Lashier
Liz Lashier
NextHome Your Way
(515) 512-4526
151 Total Sales
1 in Madrid
$372,500 Price
-
Cody Greenfield
Cody Greenfield
RE/MAX Precision
(515) 686-6406
165 Total Sales
2 in Madrid
$189,500 Price Range
-
James Horstman
James Horstman
Hunziker & Associates, Inc.
(515) 305-3017
167 Total Sales
2 in Madrid
$130,000 Price Range
-
Susie Sheldahl
Susie Sheldahl
Realty One Group Impact
(515) 461-8610
270 Total Sales
13 in Madrid
$147K - $350K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $160,000 | None Listed On Document | |
| Warranty Deed | $66,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | -- | -- | |
| Warranty Deed | $61,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $157,051 | FHA | |
| Closed | $49,500 | New Conventional | |
| Previous Owner | $45,600 | New Conventional | |
| Previous Owner | $60,700 | New Conventional |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/11/2026 06/11/26 | Sold | $160,000 | 0.0% | $193 / Sq Ft | |
| 05/05/2026 05/05/26 | Pending | -- | -- | -- | |
| 03/31/2026 03/31/26 | For Sale | $160,000 | +142.4% | $193 / Sq Ft | |
| 06/22/2017 06/22/17 | Sold | $66,000 | -11.9% | $80 / Sq Ft | View Prior Sale |
| 05/16/2017 05/16/17 | Pending | -- | -- | -- | |
| 04/20/2017 04/20/17 | For Sale | $74,900 | -- | $90 / Sq Ft |
Source: Des Moines Area Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,002 | $134,890 | $24,510 | $110,380 |
| 2024 | $2,002 | $102,783 | $17,510 | $85,273 |
| 2023 | $1,876 | $102,783 | $17,510 | $85,273 |
| 2022 | $1,860 | $84,560 | $17,510 | $67,050 |
| 2021 | $1,860 | $84,220 | $17,170 | $67,050 |
| 2020 | $1,808 | $76,297 | $12,019 | $64,278 |
| 2019 | $1,376 | $76,297 | $12,019 | $64,278 |
| 2018 | $1,328 | $55,634 | $0 | $0 |
| 2017 | $1,318 | $48,410 | $6,868 | $41,542 |
| 2016 | $1,160 | $48,410 | $6,868 | $41,542 |
| 2015 | $1,152 | $48,410 | $0 | $0 |
| 2014 | $1,124 | $48,410 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Bo Cosens
Seller's Agent in 2026
Bo Cosens
RE/MAX
(515) 360-4401
174 Total Sales
-
OUTSIDE AGENT
OA
Buyer's Agent in 2026
OUTSIDE AGENT
OTHER
5,746 Total Sales
-
Donald Lincoln
DL
Seller's Agent in 2017
Donald Lincoln
Nerem & Associates
(515) 205-6233
37 Total Sales
-
DL
Buyer's Agent in 2017
Don Lincoln
Larson Agency
Map
Source: Des Moines Area Association of REALTORS®
MLS Number: 737330
APN: 088225312286102
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.
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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