Back 509 E 1st St
Off Market

509 E 1st St

Madrid IA 50156

2
1
828 sq. ft.
11220 sq. ft.
Single-Family
Last sold for $160,000
Bo CosensBo Cosens, last sold this property on 11 June 2026 after 71 days on market.

Overview

Charming 2 bedroom, 1 bathroom ranch that is move in ready and full of character. From the moment you walk in, you'll notice the arched doorways that give this home a unique feel you don't see every day. The main living areas offer a comfortable layout with plush carpet and great natural light. The kitchen features a tile backsplash and comes fully equipped with refrigerator and stove, making for an easy transition for the next owner. Major update with all new windows installed in March 2025, helping with efficiency while bringing in even more natural light throughout the home. Gas forced air heat and central air keep things comfortable year round. Located in a great area with quick access to the High Trestle Trail, perfect for biking, walking, and enjoying the outdoors. All information obtained from seller an dpublic record.

Features

2 bedrooms
1 bathroom
828 sq. ft. floor area
11220 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 2 bedroom single-family properties sold in Madrid over the last 12 months, the estimated median property value of 509 E 1st St is $161.9k.

Median value
$161.9k
Estimated value range
$89.9k - $226.5k
Median days on market
36
Estimated value trend
-22%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Madrid. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 509 E 1st St

2026
Sold
$160,000
11 Jun 2026 by Bo Cosens, of REMAX Precision | Ankeny
2017
Sold
$66,000
21 Jun 2017 by Don Lincoln, of Larson Agency

Happy sellers in Madrid

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We have insufficient information to provide an overview of customer satisfaction for Madrid. Viewing the agent profiles, reviews and sales for Madrid can provide insights for this location.

Local market activity for 2 bedroom single-family properties in Madrid

In the last 12 months, 8 two-bedroom single-family properties similar to 509 E 1st St, have been sold.

This represents a 40% increase in two-bedroom single-family properties sales when compared to the previous 12 months.

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