NOT LISTED FOR SALE

607 E Second St Madrid, IA 50156

Estimated Value: $237,000 - $261,274

2 Beds
2 Baths
1,612 Sq Ft
$155/Sq Ft Est. Value

Sale Details

Date Sold: January 17, 2025

Last sale price $235,000 $146 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,735 / mo

64 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Family Room
  • Sun or Florida Room
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of January 2025

2 bedroom & 2 Bath. Updated ranch style home with over 1600 sq feet on the main floor. Open concept, with stainless appliances. hardwood floors throughout. Master bedroom with en-suite 3/4 bath and walk-in closet. 4-season porch overlooking the back covered patio and nice yard. Usable concrete-block basement with lots of storage.

Last Agent to Sell the Property

John Nerem

Nerem & Assoc. Listed on: 10/30/2024

Co-Listed By

Nate Nerem

Nerem & Assoc.

Last Buyer's Agent

Kim Olmstead

Agency Iowa

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,456

Year Built

  • Built in 1941

Lot Details

  • 9,768

Home Design

  • Ranch Style House
  • Poured Concrete
  • Asphalt Shingled Roof

Interior Spaces

  • 1,612 Sq Ft Home
  • Family Room
  • Dining Area
  • Sun or Florida Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Additional Features

  • 9,768 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088225312286137

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,456

Year Built

Built in 1941

Lot Details

9,768 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 150.12
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 145.78
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 2
  • Basement Description: Unfinished
  • Dining Room: Dining Areas
  • Family Room: 1st Floor
  • Other Rooms: 4 Season
  • Living Area Sq Ft: 1612
  • Total Sq Ft: 1612

Exterior Features

  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Concrete

Garage/Parking

  • Driveway: Concrete
  • Garage Sq Ft: 280
  • Garage: 1 Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.2200
  • Lot S F: 9768
  • Assessor Parcel Number: 088225312286137
  • 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: 4456.00
  • Net Taxes: 4456.00

MLS Schools

  • School District: Madrid

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
Oct 30, 2024
Closed on
Jan 16, 2025
Sold by
Bought by
Seller's Agent
John Nerem
Nerem & Assoc.
Buyer's Agent
Kim Olmstead
Agency Iowa
List Price
$242,000
Sold Price
$235,000
Premium/Discount to List
-$7,000
-2.89%
Views
27
Current Estimated Value
$250,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,069
Avg. Annual Appreciation
4.44%
Original Mortgage
$202,500
Outstanding Balance
$201,061
Interest Rate
6.69%
Mortgage Type
VA
Estimated Equity
$49,008

Purchase Details

Closed on
Oct 18, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,017
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2017
Sold by
Bought by

Purchase Details

Closed on
Feb 23, 2014
Sold by
Bought by

Purchase Details

Closed on
Sep 21, 2013
Sold by
Bought by

Purchase Details

Closed on
Feb 26, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,185
Interest Rate
4.29%
Mortgage Type
VA

Purchase Details

Closed on
Feb 26, 2010
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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 Buyer Sale Price Title Company
$235,000 None Listed On Document
$235,000 None Listed On Document
$147,500 --
-- None Available
-- None Available
-- None Available
$84,000 None Available
-- --
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 Borrower Loan Amount
Open $202,500
Closed $202,500
Previous Owner $143,017
Previous Owner $80,185
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
01/17/2025 01/17/25 Sold $235,000 -2.9% $146 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
01/02/2025 01/02/25 For Sale $242,000 0.0% $150 / Sq Ft
12/11/2024 12/11/24 Pending -- -- --
10/30/2024 10/30/24 For Sale $242,000 -- $150 / 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 $4,606 $277,160 $24,860 $252,300
2024 $4,606 $236,372 $17,760 $218,612
2023 $4,111 $236,372 $17,760 $218,612
2022 $4,106 $185,969 $17,760 $168,209
2021 $4,106 $185,969 $17,760 $168,209
2020 $3,458 $145,869 $12,432 $133,437
2019 $2,198 $170,869 $12,432 $158,437
2018 $2,647 $120,227 $0 $0
2017 $2,192 $99,235 $7,104 $92,131
2016 $2,153 $99,235 $7,104 $92,131
2015 $2,236 $102,711 $0 $0
2014 $2,180 $102,711 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2025

    John Nerem

    Nerem & Assoc.

    Section Image
  • Nate Nerem

    Seller Co-Listing Agent in 2025

    Nate Nerem

    Nerem & Assoc.

    (515) 314-3099

    148 Total Sales

    Nate Nerem
    Section Image
  • Kim Olmstead

    Buyer's Agent in 2025

    Kim Olmstead

    Agency Iowa

    (515) 231-1607

    135 Total Sales

    Kim Olmstead
    Section Image
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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 706815

Des Moines Area Association of REALTORS®

APN: 088225312286137

Iowa Boone County Madrid 50156

607 E Second St, Madrid, IA

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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