NOT LISTED FOR SALE

Estimated Value: $157,237 - $198,000

2 Beds
2 Baths
1,064 Sq Ft
$162/Sq Ft Est. Value

Last Sold October 04, 2023

Last sale price $130,000 $122 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,118/month

Highlights

  • Deck
  • Formal Dining Room
  • Central Air
  • No HOA
  • Shades
  • Carpet

About This Home

As of October 2023

Madrid's Best Value! Come check out this affordable, quiet, extra clean, spacious, well-kept home. It features two bedrooms and two baths and is conveniently located just off Highway 17 in Madrid. This home features a contemporary feel. Updates include newer vinyl windows, new maintenance-free siding, wiring plumbing, newer American Standard furnace and AC (Sept 2019) light fixtures in the kitchen and bath remodel. Nice hardwood floors and newer carpet throughout. Enjoy a spacious eat-in kitchen with lots of cupboard space. All appliances stay, including newer Whirlpool stainless appliances, a double oven gas range, and a larger refrigerator. There is a 700 sq foot dry basement which includes a 3/4 bath. laundry room (where newer LG steam washer and steam dryer stay), utility room, and tons of storage. There is a nice deck just off the kitchen and a one-car garage. This home is located on a double lot nearly 1/2 acre in size just off Highway 17 on East 1st Street. Come check out this home today. A great value and priced below assessed.

Last Agent to Sell the Property

James Horstman

Hunziker & Associates, Inc. Listed on: 09/14/2023

Last Buyer's Agent

Donald Lincoln

Larson Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,408

Year Built

  • Built in 1910

Lot Details

  • 0.45

Home Design

  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Detached Garage
  • Gravel Driveway

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 088225312286021

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,408

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: 1.5 Story
  • Lp Amt Sq Ft: 122.18
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 122.18
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable TV, Carpeting, Shades/Shutters, Smoke Detector, Vinyl Floors
  • Total Bathrooms: 2.00
  • Partial Bath Total: 2
  • Partial Bath 1st Floor: 1
  • Partial Bath Lower: 1
  • Basement Description: Unfinished
  • Dining Room: Formal Dining Rm
  • Included Items: Dryer, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1064
  • Total Sq Ft: 1064

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Foundation: Block, Concrete Block
  • Roof: Asphalt Shingle
  • Trim: Paint

Garage/Parking

  • Driveway: Gravel
  • Garage: 1 Detached

Utilities

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

Condo/Co-op/Association

  • Association Fee: No

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Lot Info

  • Assessor Parcel Number: 088225312286021
  • Zoning: R

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 2408.14
  • Net Taxes: 2217.00

MLS Schools

  • School District: Madrid

Ownership History

Date Name Owned For Owner Type

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
Current Estimated Value
$172,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,309
Avg. Annual Appreciation
13.40%

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 Iowa 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
6.32%
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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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
Pearson Real Estate Llc $130,000 None Listed On Document
Wolfgram Cristin $79,500 --
Wolfgram Terry Dean $90,000 None Available
Shenton Victor L $71,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wolfgram Cristin $78,551
Previous Owner Wolfgram Terry Dean $64,750
Previous Owner Shenton Victor L $72,526
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/04/2023 10/04/23 Sold $130,000 0.0% $122 / Sq Ft
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 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 $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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Source: Des Moines Area Association of REALTORS®

MLS Number: 681642

Des Moines Area Association of REALTORS®

APN: 088225312286021