Check Availability

1523 North Madison Avenue

1523 North Madison Avenue, Mason City, IA 50401
House in Cerro Gordo
Sold Aug 03, 2021
$140,000
$137,365 by Wells Fargo Bank
Mortgage
Sold Nov 04, 2014
Transfer
$91,000 by Us Bank Na
Mortgage Due Nov 01, 2044
Local assessors in Mason City, IA have categorized 1523 North Madison Avenue as a residential type of property. The home was built in 1976 and is 48 years old. The property's lot size has been calculated to be 7,526 square feet. The linear feet between the front and back of the lot was measured at 1,420 ft and the front of the lot was measured at 530 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1523 North Madison Avenue has a total of 848 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 424 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 1,200 sqft. There are 5 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1523 North Madison Avenue sold most recently in Jul 22, 2021 for a total of $140,000. If you work out the math, that's approximately a cost of $165.09 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,416 in taxes each year. 1523 North Madison Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $147,600. If we break it down further, the land itself was valued at $12,300. Improvements to the property, however, were assessed at a total of $135,300. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 424
  • Garage Type: Detached
  • Garage Square Area: 1,200
  • Parking Space Count: 5
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 7,526
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 530
  • Total Building Area: 848
  • Gross Building Area: 848
  • Building Area: 848
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 848
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BRICE & ONG
  • Land Acres: 0.173
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L 8 BLK 18 BRICE & ONG

Ownership

  • Current Owner : NOCK NATHAN J
  • Previous Owner : MARINER LUCAS J
  • Previous Owner 2: MARINER MADISON N
  • Owner Before Previous Owner: MARINER ALEX J
  • Owner Before Previous Owner 2: MARINER SARAH R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mason City Community School District
  • Census Tract: 950202

Geography

  • Assessors Map Reference: PM 70420800700
  • Parcel: 070420800700
  • Block: 18
  • Lot: 8
  • Meridian: SEC 04 TWN 96N RNG 20W
  • Municipality: MASON CITY
  • Latitude: 43.1672
  • Longitude: -93.2075

    Address

  • Full Address: 1523 N Madison Ave
  • Address - House Number: 1523
  • Street Direction: N
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: IA
  • City Name: Mason City
  • Carrier Code: C019
  • 4-Digit Zip Code: 1038
  • Zip Code: 50401

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,416
  • Tax Rate Code Area: 01001

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 74
  • Final Value: 173,961
  • High Value: 207,061
  • Low Value: 140,862

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $137,365
  • First Open Lien Mortgage Lender: WELLS FARGO BANK
  • First Open Lien Mortgage Recording Date: Aug 03, 2021
  • First Open Lien Mortgage Loan Amount: $137,365
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $147,600
  • Market Land Value: $12,300
  • Market Improvement Value: $135,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $147,600
  • Assessed Land Value: $12,300
  • Assessed Improvements Value: $135,300

    Sales

  • Current Sale Contract Date: Jul 22, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Transaction ID: 11849400412
  • Current Sale Price: $140,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-5817
  • Previous Sale Recording Date: Nov 04, 2014
  • Previous Sale Contract Date: Oct 29, 2014
  • Previous Sale Document Type: Joint Tenancy Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK
  • First Mortgage Transaction Date: Aug 03, 2021
  • First Mortgage Loan Amount: $137,365
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Nov 04, 2014
  • Previous Mortgage Loan Amount: $91,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2044

About Mason City



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,395 /mo

  • 3 Beds
  • 2 Baths
  • 1,273 ft²
Listing by The River Apartments & Townhomes

Frequently Asked Questions

What neighborhood is 1523 North Madison Avenue located in?
The 1523 North Madison Avenue is a house located in the neighborhood of Cerro Gordo in Mason City, Mason City.
What is the average sales price for listings in 1523 North Madison Avenue?
The average sales price for units in 1523 North Madison Avenue is $0 currently.

Quantcast