Welcome to this spacious and sun-filled townhouse in the charming Madrid community for 55+! The main level features a bright living room with a cozy gas fireplace, a generously sized eat-in kitchen, and a primary suite complete with a large walk-in closet and private ensuite bathroom. The recently finished basement adds valuable living space with a second living area, a second full kitchen, daylight windows, and a third bedroom with its own ensuite—perfect for guests or extended family. Enjoy outdoor living on the back deck and appreciate the larger lot size rarely found with townhomes. The HOA covers exterior maintenance, lawn care, and snow removal for easy, low-maintenance living.
Sold for $285,000
$285,000
119 Peterson Pkwy, Madrid, IA 50156
3beds
1,458sqft
Single Family Residence
Built in 2004
7,840 Square Feet Lot
$292,500 Zestimate®
$195/sqft
$1,835 Estimated rent
Home value
$292,500
Estimated sales range
Not available
$1,835/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Sara Summy 515-453-6099,
Iowa Realty Beaverdale
Bought with:
Ben Nerem
Nerem & Assoc.,
Source: DMMLS,MLS#: 722813
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
- Main level bedrooms: 2
Heating
- Forced Air, Gas, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dryer, Dishwasher, Microwave, Refrigerator, Stove, Washer
- Laundry: Main Level
Features
- Eat-in Kitchen
- Flooring: Carpet
- Basement: Daylight,Partially Finished
- Number of fireplaces: 1
- Fireplace features: Gas Log
Interior area
- Total structure area: 1,458
- Total interior livable area: 1,458 sqft
- Finished area below ground: 1,000
Property
Parking
- Total spaces: 2
- Parking features: Attached, Garage, Two Car Garage
- Attached garage spaces: 2
Accessibility
- Accessibility features: Grab Bars
Features
- Levels: One
- Stories: 1
Lot
- Size: 7,840 Square Feet
- Features: Rectangular Lot
Details
- Parcel number: 08822654186046
- Zoning: Res
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Poured
- Roof: Asphalt,Shingle
Condition
- Year built: 2004
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Senior community: Yes
HOA
- Has HOA: Yes
- Services included: Maintenance Grounds, Maintenance Structure, Snow Removal
- HOA fee: $200 monthly
- HOA name: Maple Ridge
- Second HOA name: Self managed
- Second HOA phone: 515-229-9041
Location
- Region: Madrid
Financial & listing details
- Price per square foot: $195/sqft
- Tax assessed value: $236,640
- Annual tax amount: $4,259
- Date on market: 7/22/2025
- Cumulative days on market: 1 day
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2025 | Sold | $285,000$195/sqft |
Source:  DMMLS #722813 Report a problem | ||
| 7/25/2025 | Pending sale | $285,000$195/sqft |
Source: DMMLS #722813 Report a problem | ||
| 7/22/2025 | Listed for sale | $285,000+34.8%$195/sqft |
Source: DMMLS #722813 Report a problem | ||
| 9/22/2021 | Sold | $211,500+0.8%$145/sqft |
Source: DMMLS #635204 Report a problem | ||
| 8/16/2021 | Pending sale | $209,900$144/sqft |
Source: DMMLS #635204 Report a problem | ||
| 8/9/2021 | Listed for sale | $209,900+13.8%$144/sqft |
Source: DMMLS #635204 Report a problem | ||
| 11/20/2020 | Sold | $184,500$127/sqft |
Source:  CIBR #55304 Report a problem | ||
| 7/4/2020 | Pending sale | $184,500$127/sqft |
Source: Keller Williams Ankeny Metro #608704 Report a problem | ||
| 3/20/2020 | Price change | $184,500-2.3%$127/sqft |
Source: Larson Agency #600553 Report a problem | ||
| 2/29/2020 | Listed for sale | $188,900$130/sqft |
Source: Larson Agency #54091 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,074 +0.3% | $236,640 +1.6% |
| 2024 | $4,062 -0.4% | $232,993 |
| 2023 | $4,080 +5.1% | $232,993 +26.1% |
| 2022 | $3,882 -5.4% | $184,826 |
| 2021 | $4,102 +5% | $184,826 +1% |
| 2020 | $3,906 -8.2% | $182,957 -3.3% |
| 2019 | $4,256 +5.8% | $189,287 -0.1% |
| 2018 | $4,022 -1% | $189,490 +2.9% |
| 2017 | $4,062 +3% | $184,204 |
| 2016 | $3,942 | $184,204 |
| 2015 | $3,942 +2.3% | $184,204 |
| 2014 | $3,852 -8.2% | $184,204 |
| 2013 | $4,194 +8.1% | -- |
| 2012 | $3,878 +25.5% | -- |
| 2011 | $3,090 +1445% | -- |
| 2010 | $200 +37% | -- |
| 2009 | $146 -18% | -- |
| 2008 | $178 -23.3% | -- |
| 2007 | $232 | -- |
Find assessor info on the county website
Neighborhood: 50156
Nearby homes
- $295,6003 bd3 ba1.4k sqft117 Peterson Pkwy, Madrid, IA 50156Off Market
- $254,8003 bd3 ba1.2k sqft121 Peterson Pkwy, Madrid, IA 50156Off Market
- $325,4002 bd2 ba1.6k sqft122 Maple Ridge Dr, Madrid, IA 50156Off Market
- $292,8003 bd5 ba1.4k sqft115 Peterson Pkwy, Madrid, IA 50156Off Market
- $273,5003 bd2 ba1.2k sqft123 Peterson Pkwy, Madrid, IA 50156Off Market
- $300,0003 bd3 ba2.1k sqft126 Maple Ridge Dr, Madrid, IA 50156Sold
- $354,7003 bd3 ba1.5k sqft118 Maple Ridge Dr, Madrid, IA 50156Off Market
- $274,3002 bd2 ba1.4k sqft120 Peterson Pkwy, Madrid, IA 50156Off Market
Nearby schools
GreatSchools rating
- 8/10Madrid Elementary SchoolGrades: K-5Distance: 0.5 mi
- 7/10Madrid Junior High SchoolGrades: 6-8Distance: 0.2 mi
- 8/10Madrid High SchoolGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- District: Madrid
Source: DMMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Iowa
- Boone County
- Madrid
- 50156
- 119 Peterson Pkwy
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