NOT LISTED FOR SALE

Madrid, IA 50156

Estimated Value: $169,000 - $287,000

3 Beds
2 Baths
1,536 Sq Ft
$145/Sq Ft Est. Value

Last Sold January 15, 2021

Last sale price $147,500 $96 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,328/month

168 Days on Market

Highlights

  • No HOA
  • Patio
  • Carpet
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of January 2021

Check out this low maintenance 3 bedroom 2 bath home located on the East edge of Madrid on paved Hwy 210. Built in 1949, it has been well maintained with numerous recent updates. The galley style kitchen includes all new stainless steel appliances and a great eating area. To finish out the main floor you will find a large living room, 2 bedrooms and an updated full bath. Upstairs is a bedroom with many built-ins and its own updated bathroom as well. Other improvements to the home include new carpet throughout and fresh paint. Outside you will find an attached single car garage and a nice patio, perfect for entertaining. All the work has been done, the only thing missing is YOU! Call today!

Last Agent to Sell the Property

Marolynn Berrett

Hunziker & Associates, Inc. Listed on: 07/31/2020

Last Buyer's Agent

Paul Wedemeyer

Wedemeyer Auction and Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,599

Year Built

  • Built in 1949

Lot Details

  • 7,400

Home Design

  • Block Foundation
  • Asphalt Shingled Roof
  • Metal Siding

Interior Spaces

  • 1,536 Sq Ft Home
  • 1.5-Story Property
  • Carpet
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Additional Features

  • Patio
  • 7,400 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088226253486006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,599

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 102.54
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 96.03
  • Termite: Call Listing Agent
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Carpeting
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 2nd Floor: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1059
  • Dining Room: Eat In Kitchen
  • Included Items: Dishwasher, Microwave, Refrigerator, Stove
  • Living Area Sq Ft: 1536
  • Total Sq Ft: 1536

Exterior Features

  • Exterior: Metal Siding
  • Exterior Features: Open Patio
  • Foundation: Concrete Block
  • Roof: Asphalt Shingle
  • Street Feature: Concrete
  • Trim: Pine

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Attached

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: 0.1700
  • Lot S F: 7400
  • Lot Shape: Regular
  • Assessor Parcel Number: 088226253486006
  • 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: 2599.32
  • Net Taxes: 2388.00

MLS Schools

  • School District: Madrid

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Jan 7, 2021
Sold by
Neot Asset Investment Llc
Bought by
Espinosa Juan M
Seller's Agent
Marolynn Berrett
Hunziker & Associates, Inc.
Buyer's Agent
Paul Wedemeyer
Wedemeyer Auction and Realty
List Price
$170,000
Sold Price
$147,500
Premium/Discount to List
-$22,500
-13.24%
Current Estimated Value
$200,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,506
Avg. Annual Appreciation
9.51%
Original Mortgage
$130,000
Outstanding Balance
$117,271
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$106,121

Purchase Details

Closed on
Apr 24, 2020
Sold by
Narnus Property Management Llc
Bought by
Neot Asset Invt Llc

Purchase Details

Closed on
Sep 17, 2014
Sold by
Gadbaw Catherine
Bought by
Gadbaw William
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
Espinosa Juan M $147,500 None Available
Neot Asset Invt Llc $85,000 None Available
Gadbaw William -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Espinosa Juan M $130,000
Previous Owner Neot Asset Invt Llc $35,100
Previous Owner Biondi Rose $111,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $147,500 -13.2% $96 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
07/31/2020 07/31/20 For Sale $170,000 +126.7% $111 / Sq Ft
11/23/2012 11/23/12 Sold $75,000 -5.1% $49 / Sq Ft
10/08/2012 10/08/12 Pending -- -- --
09/13/2012 09/13/12 For Sale $79,000 -- $51 / 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 $2,794 $157,998 $15,725 $142,273
2023 $2,716 $157,998 $15,725 $142,273
2022 $2,704 $131,461 $15,725 $115,736
2021 $2,704 $131,461 $15,725 $115,736
2020 $2,876 $121,359 $11,008 $110,351
2019 $2,388 $121,359 $11,008 $110,351
2018 $2,294 $105,077 $0 $0
2017 $1,950 $89,269 $6,290 $82,979
2016 $1,922 $89,269 $6,290 $82,979
2015 $2,124 $89,269 $0 $0
2014 $2,074 $89,269 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marolynn Berrett

    Seller's Agent in 2021

    Marolynn Berrett

    Hunziker & Associates, Inc.

    (515) 230-4837

    4 in this area

    74 Total Sales

    Section Image

  • P

    Buyer's Agent in 2021

    Paul Wedemeyer

    Wedemeyer Auction and Realty

    Section Image

  • D

    Seller's Agent in 2012

    Donald Lincoln

    Larson Agency

    Section Image

  • M

    Buyer's Agent in 2012

    Member Non

    CENTRAL IOWA BOARD OF REALTORS

See All Agents

Source: Des Moines Area Association of REALTORS®

MLS Number: 611090

Des Moines Area Association of REALTORS®

APN: 088226253486006

Iowa Boone County Madrid

50156

This home since 31 July 2020 and is currently estimated at $223,392, approximately $145 per square foot. This property was built in 1949. This home is a home located in Boone County with nearby schools including Madrid Elementary School and Madrid Junior High School.

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Des Moines Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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