You are not going to want to miss out on this gorgeous cottage home in the heart of Madrid. This home has been completed stripped to the studs and totally redone, from the electrical, to the plumbing and so much more! Everything from paint, trim, luxury bamboo flooring, the kitchen and even the exterior has all been redone, even the sidewalks and driveway are all brand new! The roof is brand new as well as the siding and even the windows, the list goes on!! This home might as well be new construction and is perfect for any first time homebuyer or someone looking for a great turnkey rental investment! The garage is oversized and deep, allowing for a full sized truck to be parked inside while still providing plenty of room for storage. The yard is a great size and tons of potential for your future needs. Home sellers have already applied for a step-down tax abatement with the city of Madrid, saving the future owner some extra cash every month! This home is definitely worth the look, call today to schedule your private showing!
Sold for $155,000
$155,000
504 W 2nd St, Madrid, IA 50156
1beds
616sqft
Single Family Residence
Built in 1954
-- sqft lot
$161,300 Zestimate®
$252/sqft
$812 Estimated rent
Home value
$161,300
Estimated sales range
Not available
$812/mo
Zestimate® history
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Gorgeous cottage homeTotally redoneLuxury bamboo flooring
Zillow last checked:
Listing updated:
Listed by:
Nathan Lee,
Realty ONE Group Impact
Bought with:
Amy Abram
RE/MAX Concepts
Source: DMMLS,MLS#: 704954
Originating MLS: Des Moines Area Association of REALTORS
Originating MLS: Des Moines Area Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bedrooms: 1
Heating
- Forced Air, Gas, Natural Gas
Cooling
- Central Air
Appliances
- Laundry: Main Level
Features
- Eat-in Kitchen
- Flooring: Carpet, Tile, Vinyl
Interior area
- Total structure area: 616
- Total interior livable area: 616 sqft
Property
Parking
- Total spaces: 1
- Parking features: Detached, Garage, One Car Garage
- Garage spaces: 1
Details
- Parcel number: 088226362186136
- Zoning: Res
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block, Slab
- Roof: Asphalt,Shingle
Condition
- Year built: 1954
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Madrid
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 12/20/2024 | Sold | $155,000-7.6%$252/sqft |
Source:  DMMLS #704954 Report a problem | ||
| 11/20/2024 | Pending sale | $167,700$272/sqft |
Source: DMMLS #704954 Report a problem | ||
| 11/11/2024 | Price change | $167,700-2.3%$272/sqft |
Source: DMMLS #704954 Report a problem | ||
| 10/14/2024 | Price change | $171,700-2.3%$279/sqft |
Source: DMMLS #704954 Report a problem | ||
| 10/1/2024 | Listed for sale | $175,700+213.8%$285/sqft |
Source: DMMLS #704954 Report a problem | ||
| 6/22/2018 | Sold | $56,000+16.7%$91/sqft |
Source:  CIBR #49513 Report a problem | ||
| 6/28/2007 | Sold | $48,000$78/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,576 +3.4% | $81,772 +1.2% |
| 2024 | $1,524 +11.6% | $80,829 |
| 2023 | $1,366 | $80,829 +30.7% |
| 2022 | $1,366 +3.8% | $61,833 |
| 2021 | $1,316 +1.1% | $61,833 +12.6% |
| 2020 | $1,302 -0.9% | $54,906 |
| 2019 | $1,314 +19.7% | $54,906 +3.4% |
| 2018 | $1,098 -12.7% | $53,119 +16.9% |
| 2017 | $1,258 +16.7% | $45,430 |
| 2016 | $1,078 | $45,430 |
| 2015 | $1,078 +2.1% | $45,430 |
| 2014 | $1,056 +4.3% | $45,430 |
| 2013 | $1,012 +3.7% | -- |
| 2012 | $976 +4.3% | -- |
| 2011 | $936 +3.3% | -- |
| 2010 | $906 +5.1% | -- |
| 2009 | $862 -18.4% | -- |
| 2008 | $1,056 +30.4% | -- |
| 2007 | $810 | -- |
Find assessor info on the county website
Neighborhood: 50156
Nearby schools
GreatSchools rating
- 7/10Madrid Elementary SchoolGrades: K-5Distance: 0.2 mi
- 7/10Madrid Junior High SchoolGrades: 6-8Distance: 0.8 mi
- 8/10Madrid High SchoolGrades: 9-12Distance: 0.8 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
- 504 W 2nd St
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