NOT LISTED FOR SALE

701 E 1st St Madrid, IA 50156

Estimated Value: $179,000 - $207,000

3 Beds
2 Baths
1,528 Sq Ft
$127/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $100,000 $65 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $1,211/month

81 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Forced Air Heating System
  • Mud Room
  • Formal Dining Room
  • Family Room

About This Home

As of May 2019

Charming home with fantastic original woodwork! Beautiful hardwood floors just need a little TLC. Double corner lot with mature trees and storage shed. Quiet location close to highways.

Last Agent to Sell the Property

Steve Wiederin

RE/MAX Concepts Listed on: 03/03/2019

Last Buyer's Agent

Jesse Kern

Keller Williams Legacy Group

Keller Williams Legacy Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,299

Year Built

  • Built in 1900

Lot Details

  • 0.45 Acre Lot

Home Design

  • Brick Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,528 Sq Ft Home
  • 1.5-Story Property
  • Drapes & Rods
  • Mud Room
  • Family Room
  • Formal Dining Room
  • Fire and Smoke Detector
  • Stove
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • Carport
  • Gravel Driveway

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088225312286031

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,299

Year Built

Built in 1900

Lot Details

0.45 Acres

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 78.47
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 65.45
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: 1st Flr Laundry, Cable TV, Carpeting, Drapes/Curtains, Hardwood Floors, Smoke Detector, 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
  • Dining Room: Formal Dining Rm
  • Family Room: 1st Floor
  • Other Rooms: Mud Room
  • Included Items: Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1528
  • Total Sq Ft: 1528

Exterior Features

  • Exterior: Vinyl Siding
  • Foundation: Brick
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Oak, Paint

Garage/Parking

  • Driveway: Gravel
  • Garage: Carport

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window Unit
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.4500
  • Lot S F: 19470
  • Lot Shape: Regular
  • Assessor Parcel Number: 088225312286031
  • Zoning: R

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: 2299.00
  • Net Taxes: 2299.00

MLS Schools

  • School District: Madrid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2019
Closed on
May 30, 2019
Sold by
Galetich Phyllis K
Bought by
Miles Michael M
Seller's Agent
Steve Wiederin
RE/MAX Concepts
Buyer's Agent
Jesse Kern
Keller Williams Legacy Group
List Price
$134,900
Sold Price
$100,000
Premium/Discount to List
-$34,900
-25.87%
Current Estimated Value
$194,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,175
Avg. Annual Appreciation
10.28%
Original Mortgage
$101,010
Outstanding Balance
$88,628
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$105,547
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Miles Michael M $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miles Michael M $101,010
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2019 05/31/19 Sold $100,000 -25.9% $65 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
03/03/2019 03/03/19 For Sale $134,900 -- $88 / Sq Ft
Source: Des Moines Area Association of REALTORS®

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 $2,540 $192,940 $36,160 $156,780
2024 $2,540 $130,337 $25,827 $104,510
2023 $2,409 $130,337 $25,827 $104,510
2022 $2,404 $108,906 $25,827 $83,079
2021 $2,404 $108,906 $25,827 $83,079
2020 $2,766 $100,389 $19,781 $80,608
2019 $2,190 $116,705 $19,781 $96,924
2018 $2,097 $97,013 $0 $0
2017 $1,668 $77,537 $11,303 $66,234
2016 $1,639 $77,537 $11,303 $66,234
2015 $1,638 $77,537 $0 $0
2014 $1,594 $77,537 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 577326

Des Moines Area Association of REALTORS®

APN: 088225312286031

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