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Sold for $165,000
  • $165,000

    510 E 1st St, Madrid, IA 50156

    2beds
    776sqft
    Single Family Residence, Residential
    Built in 1920
    8,712 Square Feet Lot
    $186,200 Zestimate®
    $213/sqft
    $997 Estimated rent

    Home value

    $186,200

    $177,000 - $197,000

    $997/mo

    Zestimate® history
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    What's special

    This charming 2 bed, 1 bath residence is perfect for first-time homebuyers, those looking to downsize, or anyone seeking simplistic living in a friendly community. The living room and kitchen are open concept with lots of natural light from the large windows. The cozy kitchen offers an efficient layout great for cooking and entertaining, with a dining room just off the kitchen that opens to the backyard. The primary bedroom is very large and adjoins the spacious full bath. The laundry is currently in the basement but could be relocated to the main floor bath as a stacker unit. The second bedroom, just off the dining room, offers ample space and would make a great kids room, office, or guest bed. Enjoy the outdoors in your fenced-in backyard, featuring a private deck perfect for relaxing or entertaining. Additionally, the property includes a 1-car detached garage, providing convenience and extra storage space. Located in the heart of Madrid, you're just a short stroll away from local shops, parks, and schools, offering the best of small-town living with easy access to amenities and community events. Madrid is known for its friendly atmosphere and strong sense of community. Whether you're walking through the scenic streets, participating in local events, or exploring the nearby High Trestle Trail, you'll quickly feel at home in this welcoming town.

    Zillow last checked:

    Listing updated:

    Listed by:

    Betts Team,

    RE/MAX REAL ESTATE CENTER

    Bought with:

    Kimberly Diane Olmstead, S66194

    Agency Iowa

    Source: CIBR,MLS#: 65045MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Bedroom
    • Level: Main
    Bedroom 2
    • Level: Main
    Full bathroom
    • Level: Main
    Kitchen
    • Level: Main
    Laundry
    • Level: Basement
    Living room
    • Level: Main
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
    Features
    • Flooring: Carpet
    • Basement: Unfinished
    Interior area
    • Total structure area: 776
    • Total interior livable area: 776 sqft
    • Finished area above ground: 776

    Property

    Parking
    • Parking features: Garage
    • Has garage: Yes
    Lot
    • Size: 8,712 Square Feet
    Details
    • Parcel number: 088225312286119
    • Zoning: Res
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence, Residential
    Condition
    • Year built: 1920

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Madrid

    Financial & listing details

    • Price per square foot: $213/sqft
    • Tax assessed value: $147,074
    • Annual tax amount: $2,666
    • Date on market: 7/12/2024

    Price history

    DateEventPrice
    8/16/2024Sold$165,000$213/sqft
    Source: CIBR #65045 Report a problem
    7/22/2024Pending sale$165,000$213/sqft
    Source: DMMLS #697223 Report a problem
    7/12/2024Listed for sale$165,000$213/sqft
    Source: DMMLS #697223 Report a problem
    7/1/2024Pending sale$165,000$213/sqft
    Source: DMMLS #697223 Report a problem
    6/21/2024Listed for sale$165,000+10%$213/sqft
    Source: CIBR #65045 Report a problem
    4/12/2022Listing removed--
    Source: CIBR #59624 Report a problem
    3/17/2022Pending sale$150,000+12.4%$193/sqft
    Source: CIBR #59624 Report a problem
    6/18/2019Sold$133,500+3.5%$172/sqft
    Source: CIBR #51820 Report a problem
    5/1/2019Listed for sale$129,000+50%$166/sqft
    Source: RE/MAX REAL ESTATE CENTER #51820 Report a problem
    4/28/2016Sold$86,000-4.3%$111/sqft
    Source: Public Record Report a problem
    4/23/2016Pending sale$89,900$116/sqft
    Source: Coldwell Banker Mid-America Group, Realtors #507417 Report a problem
    4/22/2016Listed for sale$89,900$116/sqft
    Source: Coldwell Banker Mid-America Group, Realtors #507417 Report a problem
    2/27/2016Listing removed$89,900$116/sqft
    Source: Coldwell Banker Mid-America Group, Realtors #507417 Report a problem
    11/6/2015Listed for sale$89,900+5.8%$116/sqft
    Source: Coldwell Banker Mid-America Group, Realtors #507417 Report a problem
    10/18/2011Sold$85,000-4.5%$110/sqft
    Source: Public Record Report a problem
    9/9/2011Price change$89,000-11%$115/sqft
    Source: RE/MAX REAL ESTATE CONCEPTS #388988 Report a problem
    8/18/2011Listed for sale$100,000$129/sqft
    Source: RE/MAX Real Estate Concepts #388988 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,666 +3.6%$178,360 +21.3%
    2024$2,574 +6.8%$147,074
    2023$2,410 +0.1%$147,074 +24.6%
    2022$2,408 +5.2%$118,036
    2021$2,290 +1.4%$118,036 +13.4%
    2020$2,258 +16.6%$104,091
    2019$1,936 +60.3%$104,091 +19.9%
    2018$1,208 -34.7%$86,802 +48.3%
    2017$1,850 +33.1%$58,545
    2016$1,390 $58,545
    2015$1,390 +2.2%$58,545
    2014$1,360 +4.3%$58,545
    2013$1,304 +54.9%--
    2012$842 -11.6%--
    2011$952 +3.9%--
    2010$916 +7.8%--
    2009$850 +5.7%--
    2008$804 +31.4%--
    2007$612 --
    Find assessor info on the county website

    Neighborhood: 50156

    Nearby schools

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