NOT LISTED FOR SALE

515 W 1st St Madrid, IA 50156

Estimated Value: $178,000 - $261,000

3 Beds
2 Baths
1,187 Sq Ft
$180/Sq Ft Est. Value

Last Sold April 03, 2020

Last sale price $145,000 $122 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,252/month

102 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Forced Air Heating and Cooling System
  • Dining Area
  • No HOA

About This Home

As of April 2020

Don't miss this darling home in Madrid! There is a master suite with a bathroom. Two bedrooms as well with a full bath. Spacious living room, dining room and kitchen. Main floor laundry with plenty of storage. Relax on the large back deck! The lot in back also has plenty of space for a possible garage. Everything is new in this home. Windows, siding, roof, drywall, paint, flooring, kitchen, and bathrooms. Nothing went untouched! Come and check it out!

Last Agent to Sell the Property

Susan Sheldahl

Realty One Group Impact Listed on: 12/23/2019

Realty One Group Impact

Last Buyer's Agent

Kim Olmstead

Agency Iowa

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,256

Year Built

  • Built in 1870

Lot Details

  • 0.25

Parking

  • Gravel Driveway

Home Design

  • Brick Foundation
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 1,187 Sq Ft Home
  • 1.5-Story Property
  • Dining Area
  • Unfinished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088226362186010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,256

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 126.28
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 122.16
  • Termite: Call Listing Agent
  • Year Built: 1870
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath Lower: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 416
  • Dining Room: Dining Areas
  • Living Area Sq Ft: 1187
  • Total Sq Ft: 1187

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Brick, Stone
  • Street Feature: Asphalt

Garage/Parking

  • Driveway: Gravel

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Madrid

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Lot Info

  • Assessor Parcel Number: 088226362186010
  • Zoning: R

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 1256.00
  • Net Taxes: 1256.00

MLS Schools

  • School District: Madrid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2023
Sold by
Cockerham Sara May
Bought by
Tunney Chloe and Tunney Aides
Current Estimated Value
$213,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,840
Outstanding Balance
$164,071
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$49,813

Purchase Details

Closed on
Oct 10, 2023
Sold by
Boone County
Bought by
Cockerham Sara May

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,840
Outstanding Balance
$164,071
Interest Rate
7.76%
Mortgage Type
New Conventional
Estimated Equity
$49,813

Purchase Details

Listed on
Dec 23, 2019
Closed on
Apr 1, 2020
Sold by
Drian Pro Llc
Bought by
Kuhn Kevin R
Seller's Agent
Susan Sheldahl
Realty One Group Impact
Buyer's Agent
Kim Olmstead
Agency Iowa
List Price
$154,900
Sold Price
$145,000
Premium/Discount to List
-$9,900
-6.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.25%
Original Mortgage
$146,464
Interest Rate
3.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2018
Sold by
Welder Darren L and Welder Wendy M
Bought by
Thielen Wade

Purchase Details

Closed on
Jun 30, 2016
Sold by
Bruns Chaderick T and Bruns Rachel M
Bought by
Mullenbach Robert and Mullenbach Patricia
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
Tunney Chloe $172,000 None Listed On Document
Cockerham Sara May $120,500 None Listed On Document
Kuhn Kevin R $145,000 None Available
Thielen Wade $5,000 --
Mullenbach Robert $165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tunney Chloe $166,840
Previous Owner Kuhn Kevin R $146,464
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2020 04/03/20 Sold $145,000 -6.4% $122 / Sq Ft
04/03/2020 04/03/20 Pending -- -- --
12/23/2019 12/23/19 For Sale $154,900 -- $130 / 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
2025 $1,454 $210,900 $23,790 $187,110
2024 $1,454 $74,567 $16,995 $57,572
2023 $1,002 $74,567 $16,995 $57,572
2022 $1,002 $45,405 $16,995 $28,410
2021 $1,002 $45,405 $16,995 $28,410
2020 $892 $37,636 $11,897 $25,739
2019 $1,256 $37,636 $11,897 $25,739
2018 $1,204 $50,799 $0 $0
2017 $1,204 $39,129 $6,798 $32,331
2016 $928 $39,129 $6,798 $32,331
2015 $930 $39,129 $0 $0
2014 $910 $39,129 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 596566

Des Moines Area Association of REALTORS®

APN: 088226362186010