NOT LISTED FOR SALE

705 S Madison St Wellsburg, IA 50680

Estimated Value: $110,000 - $146,000

4 Beds
1.5 Baths
1,335 Sq Ft
$95/Sq Ft Est. Value

Sale Details

Date Sold: July 27, 2021

Last sale price $100,000 $75 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $748 / mo

33 Days on Market

Highlights

  • Wood Burning Stove
  • 1 Car Attached Garage
  • Garden
  • Porch
  • Patio
  • Landscaped

About This Home

As of July 2021

Convenient small town living in a community with an elementary school, pool, golf course. Well maintained one and half story home with a newly finished upstairs that includes two bedrooms and a half bath. Main floor currently has one bedroom with an additional bedroom converted to be a laundry/office room as well as an updated full bath. Open area kitchen/dining space with built ins. Off the back of the house is a 3-season porch with a heat duct for additional living space. House has had many updates—windows, electrical box, front entry door, waterproofed basement and roof. Opportunity to still make this house your home with your own finishing updates.

Last Agent to Sell the Property

Michael Cooper

GNB Real Estate - Grundy Center License #B32148000 Listed on: 05/06/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,174

Year Built

  • Built in 1947

Lot Details

  • 11,050 Sq Ft Lot
  • Lot Dimensions are 65x170
  • Landscaped
  • Garden

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,335 Sq Ft Home
  • Central Vacuum
  • Ceiling Fan
  • Wood Burning Stove
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Unfinished Basement

  • Interior Basement Entry
  • Sump Pump

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Breezeway
  • Porch

Schools

  • Agwsr Elementary And Middle School
  • Agwsr High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 881815426020

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,174

Year Built

Built in 1947

Lot Details

0.25 Acres

Listing Details

  • Parcel Number: 881815426020
  • Year Built: 1947
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor, Dryer Hookup-Ele, Washer Hookup
  • Lot Size Acres: 0.25
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-825-3633
  • MLS Status: Closed
  • Reso Fireplace Features: Wood Burning Stove
  • Reso Interior Features: Ceiling Fan(s), Central Vacuum
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 1335
  • ImprovementRating: Updated
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Dishwasher, Dryer, Disposal, Microwave, Free-Standing Range, Sump Pump, Refrigerator, Washer, Electric Water Heater, Water Softener
  • Basement: Block, Entrance-Inside, Floor Drain, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • BelowGradeArea: 910

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Breezeway, Sidewalk, Garden, Landscaping, Patio, Porch-3 Season

Garage/Parking

  • Parking Features: 1 Stall, Attached Garage, Garage Door Opener

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Agwsr
  • High School: Agwsr
  • Middle Or Junior School: Agwsr

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 65x170
  • Lot Size Sq Ft: 11050
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1174

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jul 16, 2021
Sold by
Mcantire Patrick J
Bought by
Benshoof Mark L and Benshoof Victoria Lynn
Seller's Agent
Michael Cooper
GNB Real Estate - Grundy Center
List Price
$98,750
Sold Price
$100,000
Premium/Discount to List
$1,250
1.27%
Current Estimated Value
$127,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,076
Avg. Annual Appreciation
5.20%
Original Mortgage
$55,000
Outstanding Balance
$49,927
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$77,149
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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Purchase History

Date Buyer Sale Price Title Company
Benshoof Mark L $100,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benshoof Mark L $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2021 07/27/21 Sold $100,000 +1.3% $75 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $98,750 0.0% $74 / Sq Ft
05/12/2021 05/12/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $98,750 -- $74 / Sq Ft
Source: Northeast Iowa Regional Board 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 $904 $93,960 $10,340 $83,620
2024 $904 $90,230 $10,340 $79,890
2023 $1,118 $90,230 $10,340 $79,890
2022 $1,198 $74,840 $8,610 $66,230
2021 $1,198 $74,840 $8,610 $66,230
2020 $1,020 $67,240 $8,610 $58,630
2019 $1,020 $67,240 $8,610 $58,630
2018 $1,034 $64,160 $8,610 $55,550
2017 $1,086 $64,160 $8,610 $55,550
2016 $1,086 $66,180 $0 $0
2015 $1,086 $61,970 $0 $0
2014 $976 $61,970 $0 $0
Source: Public Records

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20211880

Northeast Iowa Regional Board of REALTORS®

APN: 881815426020

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