NOT LISTED FOR SALE

617 W 1st St Madrid, IA 50156

Estimated Value: $264,000 - $387,000

4 Beds
2 Baths
2,323 Sq Ft
$134/Sq Ft Est. Value

Last Sold December 19, 2018

Last sale price $180,000 $77 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,098/month

75 Days on Market

Highlights

  • Wood Flooring
  • Den
  • Forced Air Heating and Cooling System
  • No HOA
  • Formal Dining Room
  • Family Room

About This Home

As of December 2018

This wonderful home is just waiting for you to move right in! So much character, beautiful woodwork and flooring. Is four bedrooms, two bathrooms something you can use? Then this 2323 SqFt home is for you. Spacious living room, piano room and sunroom greet you on the main floor with updated kitchen, bathroom and laundry. Upstairs features three large bedrooms with ample closet space and full bathroom. The third floor adds a large fourth bedroom and storage room. So many updates including, plumbing, wiring, windows and siding. Great storage in the basement. Outside features a one car garage, Plus and additional large two car garage, swimming pool two decks and large yard. So much to offer here, call today to set your tour before someone else does!

Last Agent to Sell the Property

Aaron Ackerlund

Keller Williams Realty GDM Listed on: 10/05/2018

Keller Williams Realty GDM

Last Buyer's Agent

OUTSIDE AGENT

OTHER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,309

Year Built

  • Built in 1932

Lot Details

  • 0.39

Home Design

  • Brick Foundation
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 2,323 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Formal Dining Room
  • Den
  • Laundry on main level
  • Unfinished Basement

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 3 Car Detached Garage
  • Gravel Driveway

Additional Features

  • 0.39 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088226362186080

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,309

Year Built

Built in 1932

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 79.60
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 77.49
  • Termite: Follow Showing Instructions
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: 1st Flr Laundry, Carpeting, Hardwood Floors, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 868
  • Dining Room: Formal Dining Rm
  • Family Room: 1st Floor
  • Other Rooms: Den
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 2323
  • Total Sq Ft: 2323

Exterior Features

  • Exterior: Cement Board
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Oak

Garage/Parking

  • Driveway: Concrete, Gravel
  • Garage: 1 Detached, 3 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Madrid

Lot Info

  • Acres: 0.3900
  • Lot S F: 17160
  • Lot Shape: Regular
  • Assessor Parcel Number: 088226362186080
  • 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: 4309.47
  • Net Taxes: 4102.00
  • Tax Year: 2018

MLS Schools

  • School District: Madrid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2018
Closed on
Dec 17, 2018
Sold by
Torgerson Steven R and Torgerson Joann R
Bought by
Walde Logan E and Walde Kendra R
Seller's Agent
Aaron Ackerlund
Keller Williams Realty GDM
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$189,900
Sold Price
$180,000
Premium/Discount to List
-$9,900
-5.21%
Current Estimated Value
$311,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,945
Avg. Annual Appreciation
8.78%
Original Mortgage
$171,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Walde Logan E $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walde Logan E $172,500
Closed Walde Logan E $171,000
Previous Owner Torgerson Steven E $75,000
Previous Owner Torgerson Steven E $121,600
Previous Owner Torgerson Steven E $137,600
Previous Owner Torgerson Steven E $25,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2018 12/19/18 Sold $180,000 -5.2% $77 / Sq Ft
12/19/2018 12/19/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $189,900 -- $82 / 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 $5,230 $268,428 $24,102 $244,326
2023 $4,458 $268,428 $24,102 $244,326
2022 $4,458 $201,909 $24,102 $177,807
2021 $4,458 $201,909 $24,102 $177,807
2020 $4,588 $193,567 $18,371 $175,196
2019 $4,288 $193,567 $18,371 $175,196
2018 $4,102 $181,842 $0 $0
2017 $3,738 $163,231 $10,498 $152,733
2016 $3,668 $163,231 $10,498 $152,733
2015 $3,676 $163,231 $0 $0
2014 $3,586 $163,231 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 570723

Des Moines Area Association of REALTORS®

APN: 088226362186080