NOT LISTED FOR SALE

612 E 1st St Madrid, IA 50156

Estimated Value: $238,000 - $323,000

3 Beds
2 Baths
1,310 Sq Ft
$200/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $190,000 $145 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,774/month

1 Day on Market

Highlights

  • Deck
  • 1.5 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Patio

About This Home

As of July 2021

Looking for a charming and updated home within 20 minutes of the metro? Here it is! This lovely 1.5 story has been well taken care of and will make a great home. Updated kitchen with gas cooktop, soft close drawers and tall cabinets, tile floor, pantry and double wall ovens. Updated bath on the main level. Hardwood floors were refinished within the last 4 years. Newer roof, gutters, vinyl windows, electrical, plumbing, insulation, furnace, ac and water heater! It's move in ready. Home features one bedroom on the main level and two bedrooms upstairs, as well as a large closet. Finished basement with newer carpet plus full bar. Outside enjoy your nice deck and open patio plus good sized yard. 1.5 car garage plus storage shed for all your outside gear. Come and see this lovely small town home just minutes from the metro!

Last Agent to Sell the Property

Rachel Scheib

RE/MAX Precision Otter View License #B63148 Listed on: 05/10/2021

RE/MAX Precision Otter View

Last Buyer's Agent

Rachel Scheib

RE/MAX Precision Otter View License #B63148 Listed on: 05/10/2021

RE/MAX Precision Otter View

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,186

Year Built

  • Built in 1920

Lot Details

  • 8,712 Sq Ft Lot
  • Property is zoned City

Parking

  • 1.5 Car Detached Garage

Home Design

  • Block Foundation
  • Stucco

Interior Spaces

  • 1,310 Sq Ft Home
  • 1.5-Story Property
  • Wood Flooring
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 088225312286133

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,186

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Road Surface Type: Hard Surface
  • Directions: North into Madrid on S Ave/S Kennedy Ave to E First St, turn east to home
  • Architectural Style: 1 1/2 Story
  • Garage Yn: Yes
  • Year Built: 1920
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Features:Deck-Wood: Yes
  • Floor:Hardwood: Yes
  • Foundation:Concrete Block: Yes
  • Exterior:Stucco: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Has Basement: Partial
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 468.0
  • Flooring: Hardwood
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Basement:Partial2: Yes

Exterior Features

  • Construction Type: Stucco
  • Foundation Details: Block
  • Patio And Porch Features: Deck-Wood, Patio
  • Features:Patio3: Yes

Garage/Parking

  • General Information:Garage Type2: Detached
  • General Information:Garage Capacity: 1.5 Car

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: Madrid

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 088225312286133
  • Zoning: City
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2021
Closed on
Jul 15, 2021
Sold by
Wallerich Jace A and Klein Makalya J
Bought by
Burne Kristen A
Seller's Agent
Rachel Scheib
RE/MAX Precision Otter View
Buyer's Agent
Rachel Scheib
RE/MAX Precision Otter View
List Price
$190,000
Sold Price
$190,000
Current Estimated Value
$261,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,449
Avg. Annual Appreciation
8.12%
Original Mortgage
$184,300
Outstanding Balance
$169,095
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$92,354

Purchase Details

Listed on
Jan 7, 2019
Closed on
Feb 26, 2019
Sold by
Lilienthal Laura A
Bought by
Wallerich Jace A and Klein Makayla J
Seller's Agent
Benjamin Bjorholm
1 Percent Lists Evolution
Buyer's Agent
Rachel Scheib
RE/MAX Precision
List Price
$165,000
Sold Price
$165,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.11%
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
Burne Kristen A $190,000 None Available
Wallerich Jace A $160,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burne Kristen A $184,300
Previous Owner Lilienthal Laura A $83,000
Previous Owner Lilenthalan Laura A $95,748
Previous Owner Lilienthal Laura A $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2021 07/16/21 Sold $190,000 0.0% $145 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $190,000 +15.2% $145 / Sq Ft
02/28/2019 02/28/19 Sold $165,000 0.0% $126 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
01/07/2019 01/07/19 For Sale $165,000 -- $126 / Sq Ft
Source: Central Iowa Board 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 $4,186 $221,573 $15,840 $205,733
2023 $3,837 $221,573 $15,840 $205,733
2022 $3,832 $173,537 $15,840 $157,697
2021 $3,832 $173,537 $15,840 $157,697
2020 $3,664 $154,563 $11,088 $143,475
2019 $1,794 $154,563 $11,088 $143,475
2018 $1,719 $81,020 $0 $0
2017 $1,714 $72,973 $6,336 $66,637
2016 $1,531 $72,973 $6,336 $66,637
2015 $1,528 $72,973 $0 $0
2014 $2,306 $108,109 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 57573

APN: 088225312286133