NOT LISTED FOR SALE

623 E 1st St Madrid, IA 50156

Estimated Value: $240,000 - $260,000

3 Beds
2 Baths
1,214 Sq Ft
$206/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $195,000 $161 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,722/month

Highlights

  • Ranch Style House
  • Sun or Florida Room
  • No HOA
  • Wood Flooring
  • Mud Room
  • Home Gym

About This Home

As of August 2021

Located in the heart of Madrid on a double lot!This well maintained and cared for 1 story home boasts 3 bedrooms on the main floor and 2 non conforming in the lower level! Original trim work and hardwood floors are just a couple of the charming factors, but to keep you even more captivated is the original built ins and hidden gems along the way! Lots of natural light throughout, but even more so in the enclosed sunroom with French doors leading to your living space! Speaking of which, is also offered in the lower level as well! Spacious kitchen with abundant storage. 2 car garage with drywall finishes and a storage shed, PLUS a patio great for entertaining too! Don't miss out on this gorgeous home, call your Realtor today!

Last Agent to Sell the Property

Amanda Nichols

iHome Realty Listed on: 06/11/2021

Last Buyer's Agent

Anna Kempe

Keller Williams Ankeny Metro

Keller Williams Ankeny Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,690

Year Built

  • Built in 1922

Lot Details

  • 0.29

Parking

  • 2 Car Detached Garage

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,214 Sq Ft Home
  • Drapes & Rods
  • Mud Room
  • Family Room Downstairs
  • Den
  • Sun or Florida Room
  • Home Gym
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Covered Patio or Porch
  • 0.29 Acre Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088225312286114

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,690

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Lp Amt Sq Ft: 156.51
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 160.63
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Carpeting, Drapes/Curtains, Hardwood Floors, Smoke Detector
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Partial Finished
  • Sq Ft Bsmt: 1190
  • Sq Ft Fin Bsmt: 610
  • Dining Room: Eat In Kitchen
  • Family Room: 1st Floor, Lower Level
  • Other Rooms: Den, Exercise Room, Mud Room, Pantry, Sun Room, See Remarks
  • Included Items: Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1214
  • Total Sq Ft: 1214

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Covered Patio, Open Patio
  • Roof: Asphalt Shingle
  • Street Feature: Public Sidewalk

Garage/Parking

  • Garage: 2 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: 0.2900
  • Lot S F: 12551
  • Assessor Parcel Number: 088225312286114
  • 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: 3690.16
  • Net Taxes: 3482.00

MLS Schools

  • School District: Madrid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2021
Closed on
Aug 5, 2021
Sold by
Butler Vyla
Bought by
Beggs Celine and Shoemaker Hunter
Seller's Agent
Amanda Nichols
iHome Realty
Buyer's Agent
Anna Kempe
Keller Williams Ankeny Metro
List Price
$190,000
Sold Price
$195,000
Premium/Discount to List
$5,000
2.63%
Current Estimated Value
$250,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,400
Avg. Annual Appreciation
6.40%
Original Mortgage
$165,750
Outstanding Balance
$152,335
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$98,065

Purchase Details

Closed on
Aug 20, 2015
Sold by
Hast Lauri J and Hast Jason
Bought by
Hast Lauri J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,457
Interest Rate
3.91%
Mortgage Type
Closed End Mortgage

Purchase Details

Closed on
Jun 9, 2007
Sold by
Horman Nathan D and Horman Jennifer L
Bought by
Jeter Lauri J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
6.2%
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
Beggs Celine $195,000 None Available
Butler Vyla -- None Available
Butler Joseph -- None Available
Hast Lauri J -- None Available
Jeter Lauri J $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler Joseph $165,750
Closed Beggs Celine $165,750
Previous Owner Hast Lauri J $16,457
Previous Owner Jeter Lauri J $6,500
Previous Owner Jeter Lauri J $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $195,000 +2.6% $161 / Sq Ft
06/11/2021 06/11/21 Pending -- -- --
06/11/2021 06/11/21 For Sale $190,000 +31.9% $157 / Sq Ft
08/31/2016 08/31/16 Sold $144,000 -5.8% $99 / Sq Ft
06/29/2016 06/29/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $152,900 -- $105 / 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 $4,282 $226,473 $18,837 $207,636
2023 $3,796 $226,473 $18,837 $207,636
2022 $3,588 $171,503 $18,837 $152,666
2021 $3,588 $171,503 $18,837 $152,666
2020 $3,482 $155,675 $13,879 $141,796
2019 $3,486 $155,675 $13,879 $141,796
2018 $3,350 $140,894 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 631254

Des Moines Area Association of REALTORS®

APN: 088225312286114