NOT LISTED FOR SALE

815 E 2nd St Madrid, IA 50156

Estimated Value: $266,000 - $291,994

3 Beds
2 Baths
2,468 Sq Ft
$112/Sq Ft Est. Value

Last Sold March 29, 2021

Last sale price $149,900 $61 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,730/month

5 Days on Market

Highlights

  • 0.63 Acre Lot
  • Victorian Architecture
  • Formal Dining Room
  • Wood Flooring
  • No HOA
  • Patio

About This Home

As of March 2021

Lots of potential with this Victorian style home situated on a large double lot. Beautiful woodwork throughout with open Oak staircase, pocket doors, ornate window trim, wide baseboard trim, and hardwood flooring. Three nice sized bedrooms with large closets and two full baths. Other amenities include front entry parlor with Oak Colonades, Butlers staircase, leaded glass windows, newer kitchen cabinets, first floor laundry, large wrap around covered porch and new roof. The home has hot water heat and some wiring has been updated. The home has been setting vacant for three years and needs some work. The home will not qualify for conventional financing and is being sold "As Is" with no warranty or guarantees.

Last Agent to Sell the Property

Donald Lincoln

Larson Agency Listed on: 01/18/2021

Last Buyer's Agent

Donald Lincoln

Larson Agency Listed on: 01/18/2021

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 0.63 Acre Lot
  • Lot Dimensions are 140 x 193

Home Design

  • Victorian Architecture
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 2,468 Sq Ft Home
  • 2-Story Property
  • Drapes & Rods
  • Family Room
  • Formal Dining Room
  • Laundry on main level
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088225312286054

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Two Story
  • Architecture: Victorian
  • Lp Amt Sq Ft: 60.74
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 60.74
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: 1st Flr Laundry, Carpeting, Drapes/Curtains, Hardwood Floors, Laminate Floors, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • First Floor Full Bathrooms: 1
  • Second Floor Full Bathrooms: 1
  • Basement Description: Unfinished
  • Dining Room: Formal Dining Rm
  • Family Room: 1st Floor
  • Other Rooms: See Remarks
  • Living Area Sq Ft: 2468
  • Total Sq Ft: 2468

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Exterior Storage Shed, Open Patio
  • Foundation: Tile
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt
  • Trim: Oak

Garage/Parking

  • Driveway: Concrete
  • Garage Sq Ft: 726
  • Garage: 2 Attached
  • Garage Parking Stalls: 2

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Window Unit
  • Heat: Hot Water

Condo/Co-op/Association

  • Association Fee: No

Lot Info

  • Acres: 0.6300
  • Lot S F: 27332
  • Lot Shape: Regular
  • Lot Size: 140 x 193
  • Assessor Parcel Number: 088225312286054
  • Zoning: R-1

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: 4728.00
  • Net Taxes: 4520.00
  • Tax Year: 2020

MLS Schools

  • School District: Madrid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2025
Sold by
Glasse Kayce L
Bought by
Jones Debra Ann and Jones Derek Owen
Current Estimated Value
$275,749

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Outstanding Balance
$206,412
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$69,337

Purchase Details

Listed on
Jan 18, 2021
Closed on
Feb 23, 2021
Sold by
Surich Stephen F and Surich Barbara L
Bought by
Glasse Rayne L
Seller's Agent
Donald Lincoln
Larson Agency
Buyer's Agent
Donald Lincoln
Larson Agency
List Price
$149,900
Sold Price
$149,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.60%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Jones Debra Ann $260,000 None Listed On Document
Jones Debra Ann $260,000 None Listed On Document
Glasse Rayne L $150,000 None Listed On Document
Glasse Rayne L $150,000 None Listed On Document
Glasse Kayce L $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Debra Ann $208,000
Closed Jones Debra Ann $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2021 03/29/21 Sold $149,900 0.0% $61 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
01/18/2021 01/18/21 For Sale $149,900 -- $61 / 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
2025 $3,472 $296,600 $46,730 $249,870
2024 $3,472 $202,059 $33,379 $168,680
2023 $3,648 $202,059 $33,379 $168,680
2022 $4,570 $164,816 $33,379 $131,437
2021 $4,570 $207,013 $33,379 $173,634
2020 $4,520 $199,457 $25,035 $174,422
2019 $3,552 $199,457 $25,035 $174,422
2018 $3,408 $152,091 $0 $0
2017 $3,398 $121,066 $14,305 $106,761
2016 $2,676 $121,066 $14,305 $106,761
2015 $2,672 $121,066 $0 $0
2014 $2,606 $121,066 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2021

    Donald Lincoln

    Larson Agency

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 620812

Des Moines Area Association of REALTORS®

APN: 088225312286054

Iowa Boone County Madrid 50156

815 E 2nd St, Madrid, IA

Not Listed for Sale

Detached

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