NOT LISTED FOR SALE

509 W North St Madrid, IA 50156

Estimated Value: $181,000 - $224,000

3 Beds
2 Baths
1,536 Sq Ft
$132/Sq Ft Est. Value

Sale Details

Date Sold: January 15, 2021

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

Est. 37% increase in value since last sale

Current estimated payment $1,320 / mo

119 Days on Market

Highlights

  • Main Floor Bedroom
  • Patio
  • Laundry Room
  • 1 Car Attached Garage
  • Living Room
  • 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

Heartland Realty License #6237200 Listed on: 07/31/2020

Last Buyer's Agent

Beth Skluzacek

CENTRAL IOWA BOARD OF REALTORS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 7,400 Sq Ft Lot
  • Lot Dimensions are 74 x 100
  • Level Lot
  • Property is zoned City

Parking

  • 1 Car Attached Garage

Home Design

  • Block Foundation
  • Wood Trim

Interior Spaces

  • 1,536 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room
  • Utility Room
  • Laundry Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 088226253486006

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

7,400 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 74 x 100
  • Road Frontage Type: Maintained
  • Road Surface Type: Hard Surface
  • Directions: From Hwy 17 N turn west on E 1st St (.5 miles); Turn right onto N Locust St (400 feet); Turn left onto W North St (150 feet); home is on the north side of street
  • Above Grade Finished Sq Ft: 1059.0
  • Garage Yn: Yes
  • Unit Levels: One and One Half
  • Year Built: 1949
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Cooling:Central Air: Yes
  • Water Heater:Gas: Yes
  • Floor:Carpet: Yes
  • Floor:Vinyl2: Yes
  • Features:Ceiling Fan(s): Yes
  • Terrain:Level: Yes
  • Foundation:Concrete Block: Yes
  • Exterior:Aluminum: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Has Basement: Full
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Vinyl, Carpet
  • Interior Amenities: Ceiling Fan(s)
  • Basement:Full2: Yes
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Interior Trim:Wood11: Yes
  • Features:Main Floor Bedroom: Yes

Exterior Features

  • Lot Features: Level
  • Construction Type: Aluminum Siding
  • Foundation Details: Block
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 1.0
  • General Information:Garage Type2: Attached

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Natural Gas
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Junior High Dist: Madrid

Lot Info

  • Lot Size Sq Ft: 7400.0
  • Parcel #: 088226253486006
  • Zoning: City

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
Heartland Realty
Buyer's Agent
Beth Skluzacek
CENTRAL IOWA BOARD OF REALTORS
List Price
$170,000
Sold Price
$147,500
Premium/Discount to List
-$22,500
-13.24%
Current Estimated Value
$202,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,689
Avg. Annual Appreciation
6.19%
Original Mortgage
$130,000
Outstanding Balance
$115,944
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$86,245

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:

--
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
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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2021 01/15/21 Sold $147,500 -13.2% $96 / Sq Ft
11/28/2020 11/28/20 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 View Prior Sale
10/08/2012 10/08/12 Pending -- -- --
09/13/2012 09/13/12 For Sale $79,000 -- $51 / Sq Ft
Source: Central Iowa 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 $2,880 $202,150 $22,020 $180,130
2024 $2,880 $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

    Heartland Realty

    (515) 230-4837

    2 in this area

    53 Total Sales

    Marolynn Berrett
    Section Image

  • B

    Buyer's Agent in 2021

    Beth Skluzacek

    CENTRAL IOWA BOARD OF REALTORS

    (515) 296-4680

    58 in this area

    3,438 Total Sales

    Beth Skluzacek
    Section Image

  • D

    Seller's Agent in 2012

    Donald Lincoln

    Larson Agency

    Section Image
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Map

Source: Central Iowa Board of REALTORS®

MLS Number: 55568

APN: 088226253486006

Iowa Boone County Madrid 50156

509 W North St, Madrid, IA

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