$161,900
SOLD MAR 24, 2026

715 E 1st St Madrid, IA 50156

2 Beds
2 Baths
1,064 Sq Ft
19,602 Sq Ft Lot

Sale Details

Date Sold: March 24, 2026

$152 Per Sq Ft

1% Above List Price

6 Days on Market

Highlights

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

About This Home

As of March 2026

Welcome to this charming two story home located in the heart of Madrid, Iowa, offering space, character, and future potential. Situated on a rare double lot totaling nearly half an acre, this property provides ample room for outdoor living, entertaining, and expansion opportunities. Inside, you will find beautiful original hardwood floors that add warmth and timeless appeal throughout much of the home. The functional layout includes two bedrooms and two bathrooms, with excellent potential to create a third bedroom on the main level to suit your needs.
The home also features a one car garage and generous yard. Whether you are looking for your first home, a growing family property, or an investment opportunity, this home offers flexibility and value. Enjoy small town living with convenient access to local schools, parks, and community amenities. Do not miss your chance to own this unique property with space, character, and room to grow in Madrid. All information obatined from seller and public record.

Last Agent to Sell the Property

Bo Cosens

RE/MAX Precision Listed on: 02/12/2026

RE/MAX Precision

Last Buyer's Agent

Misty Darling

BH&G Real Estate Innovations

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,592

Year Built

  • Built in 1910

Home Design

  • Brick Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,064 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Formal Dining Room
  • Fire and Smoke Detector
  • Stove
  • Dryer
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Additional Features

  • Deck
  • 19,602 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088225312286021

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,592

Year Built

Built in 1910

Lot Details

0.45 Acres

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Lp Amt Sq Ft: 150.28
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 152.16
  • Termite: Follow Showing Instructions
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Carpeting, Hardwood Floors, Laminate Floors, Smoke Detector
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath Lower: 1
  • Basement Description: Unfinished
  • Dining Room: Formal Dining Rm
  • Family Room: 1st Floor
  • Included Items: Dryer, Refrigerator, Stove
  • Living Area Sq Ft: 1064
  • Total Sq Ft: 1064

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Foundation: Brick, Tile
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Paint

Garage/Parking

  • Driveway: Gravel
  • Garage Sq Ft: 308
  • Garage: 1 Detached
  • Garage Parking Stalls: 1

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.4500
  • Lot Size: 19470
  • Assessor Parcel Number: 088225312286021
  • 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: 2592.00
  • Net Taxes: 2592.00

MLS Schools

  • School District: Madrid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2026
Closed on
Mar 23, 2026
Sold by
Pearson Real Estate Llc
Bought by
Hawkins Paul
Seller's Agent
Bo Cosens
RE/MAX Precision
Buyer's Agent
Misty Darling
BH&G Real Estate Innovations
List Price
$159,900
Sold Price
$161,900
Premium/Discount to List
$2,000
1.25%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-47.67%
Original Mortgage
$8,095
Outstanding Balance
$8,095
Interest Rate
6.09%
Estimated Equity
$149,665

Purchase Details

Listed on
Sep 14, 2023
Closed on
Sep 28, 2023
Sold by
Wolfgram Cristin
Bought by
Pearson Real Estate Llc
Seller's Agent
James Horstman
Hunziker & Associates, Inc.
Buyer's Agent
Donald Lincoln
Larson Agency
List Price
$130,000
Sold Price
$130,000
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%

Purchase Details

Closed on
Feb 23, 2018
Sold by
Wolfgram Terry D and Wolfgram Dawn
Bought by
Wolfgram Cristin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,551
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 18, 2015
Closed on
Apr 28, 2015
Sold by
Shenton Victor L
Bought by
Wolfgram Terry Dean and Wolfgram Dawn
Seller's Agent
Donald Lincoln
Larson Agency
Buyer's Agent
Jim Horstman
Friedrich Realty
List Price
$94,500
Sold Price
$89,750
Premium/Discount to List
-$4,750
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.31%
Original Mortgage
$64,750
Interest Rate
3.68%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 15, 2011
Sold by
Cambruzzi Donald A and Mayfield Mary J
Bought by
Shenton Victor L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,526
Interest Rate
4.99%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $162,000 None Listed On Document
Warranty Deed $130,000 None Listed On Document
Warranty Deed $79,500 --
Warranty Deed $90,000 None Available
Warranty Deed $71,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $8,095 No Value Available
Open $158,967 FHA
Previous Owner $78,551 FHA
Previous Owner $64,750 Future Advance Clause Open End Mortgage
Previous Owner $72,526 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2026 03/24/26 Sold $161,900 +1.3% $152 / Sq Ft
02/18/2026 02/18/26 Pending -- -- --
02/12/2026 02/12/26 For Sale $159,900 +23.0% $150 / Sq Ft
10/04/2023 10/04/23 Sold $130,000 0.0% $122 / Sq Ft View Prior Sale
09/14/2023 09/14/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $130,000 +44.8% $122 / Sq Ft
05/13/2015 05/13/15 Sold $89,750 -5.0% $94 / Sq Ft View Prior Sale
03/19/2015 03/19/15 Pending -- -- --
02/18/2015 02/18/15 For Sale $94,500 -- $99 / 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 $2,592 $160,020 $36,160 $123,860
2024 $2,592 $132,987 $25,827 $107,160
2023 $2,217 $132,987 $25,827 $107,160
2022 $2,210 $109,077 $25,827 $83,250
2021 $2,210 $109,077 $25,827 $83,250
2020 $2,110 $97,855 $19,568 $78,287
2019 $1,684 $97,855 $19,568 $78,287
2018 $1,819 $76,570 $0 $0
2017 $1,418 $58,661 $11,182 $47,479
2016 $1,029 $43,149 $11,182 $31,967
2015 $1,026 $43,149 $0 $0
2014 -- $43,149 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 734308

Des Moines Area Association of REALTORS®

APN: 088225312286021

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