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105 First St

Madrid, IA 50156

3 bd 2 ba 1,288 sqft Built 1911 Lot 11,326 sqft single_family
Most recent sale
$221,000
Aug 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 1, 2025 Sold $259,000 DesMoines
Aug 18, 2022 Sold $221,000 MLS #655342
Jul 1, 2022 Listed $219,900 MLS #655342
Jan 11, 2017 Sold $122,000 MLS #46004
Nov 7, 2016 Listed $125,000 MLS #46004
Oct 17, 2014 Sold $100,000 Public Record
Oct 11, 2005 Sold $85,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $249,890 $26,390 $276,280 $4,516
2024 $249,890 $26,390 $276,280 $4,388
2023 $212,916 $18,853 $231,769 $3,873
2022 $155,863 $18,853 $174,716 $3,858
2021 $155,863 $18,853 $174,716 $3,380
2020 $127,057 $13,892 $140,949 $3,342
2019 $127,057 $13,892 $140,949 $2,784
2018 $98,662 $13,892 $112,554 $2,683
2017 $98,662 $13,892 $112,554 $2,374
2016 $90,297 $7,938 $98,235 $2,347
2015 $90,297 $7,938 $98,235 $2,154
2014 $91,305 $7,938 $99,243 $2,100
2013 $91,305 $7,938 $99,243 $2,006
2012 $91,305 $7,938 $99,243 $1,972
2010 $79,247 $13,016 $92,263 $1,696
2009 $79,247 $13,016 $92,263 $1,592
2007 $79,247 $13,016 $92,263 $1,508
2004 $74,761 $12,279 $87,040 $1,100

Property facts

Year built
1911
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,288 sqft
Lot size
11,326 sqft
ZIP code
50156
City
Madrid
Street
First St
Coordinates
41.87719, -93.82091

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,932
Gross rental yield
10.49%
Implied cap rate
6.82%
Trend-extrapolated value

Frequently asked questions

When did 105 First St last sell?
105 First St most recently sold on Aug 18, 2022 for $221,000.
What is the current tax assessment for 105 First St?
The most recent total assessment for 105 First St (year 2025) is $276,280 with $4,516 in property tax.
How does 105 First St's assessment compare to its last sale price?
The current assessment is 25.0% above the last sale price of $221,000.
When was 105 First St built?
105 First St was built in 1911.
How does 105 First St compare to others on First St?
We track 8 other properties on First St. Browse the list under "Other properties on First St" to compare beds, baths, and sale history.
What are the property facts for 105 First St?
105 First St is a 3 bed, 2 bath, 1,288 sqft, 11,326 sqft lot single_family.
Is 105 First St a flip candidate?
No — 105 First St does not appear in our flips dataset.
Is 105 First St a tax-appeal candidate?
No — 105 First St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.0%
Implied 1-yr
+20.0%
2026 Q3
$502.5K
2026 Q4
$521.5K
ZIP 50156 — Median Price History + Forecast

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