$2,736,000
SOLD AUG 31, 2024

1047 Langley Rd Waterloo, IA 50702

Hurst Neighborhood
-- Bed
-- Bath
11,780 Sq Ft
0.64 Acres

Recently Sold

$232 Per Sq Ft

251% Above List Price

57 Days on Market

Highlights

  • 28,044 Sq Ft lot
  • Central Air
  • Garage

About This Home

As of August 2024

Great investment opportunity! 12 well-maintained units. Eleven units are two bed, one bath. One unit is one bed, one bath. All units are leased. There is a laundry room in the building.

Last Agent to Sell the Property

Leeann Sires

EPM, Iowa License #S67606000 Listed on: 06/05/2024

Last Buyer's Agent

Matt Matthias

Caliber Group Property Management Co License #B686640

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,219

Year Built

  • Built in 1976

Home Design

  • 11,780 Sq Ft Home
  • Slab Foundation
  • Asphalt Roof
  • Rubber Roof
  • Vinyl Siding

Parking

  • Garage
  • 12 Open Parking Spaces
  • Parking Available

Schools

  • Kittrell Elementary School
  • Hoover Intermediate
  • West High School

Additional Features

  • Laundry in Hall
  • 0.64 Acre Lot
  • Central Air

Community Details

  • 12 Units
  • Water Sewer Expense $466

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas
  • Assessor Parcel Number 881302151114

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,219

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Parcel Number: 881302151114
  • Year Built: 1976
  • Property Sub-Type: Multi-Family 5+
  • PropertyType: Residential Income
  • ResoLaundryFeatures: In Hall
  • Co List Office Phone: 319-560-3543
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 11780
  • Reso Roof: Rubber, Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab

Exterior Features

  • Construction Type: Vinyl Siding
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 12
  • Parking Features: Garage, Parking Space, Detached

Utilities

  • Cooling: Central Air
  • Sewer: City Sewer
  • Utilities: Separate Meters
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 466

Schools

  • Elementary School: Kittrell Elementary
  • High School: West High
  • Middle Or Junior School: Hoover Intermediate

Lot Info

  • Zoning: R-3
  • Lot Dimensions: Common
  • Lot Size Sq Ft: 28044

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas
  • Lease Term: 6 Months or Less,Over 9 Months,Month to Month

Multi Family

  • Number Of Units Total: 12

Tax Info

  • Tax Annual Amount: 14219

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $2,188,800 Credit Line Revolving
Closed $1,920,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2024 08/31/24 Sold $2,736,000 +250.8% $232 / Sq Ft
08/02/2024 08/02/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $780,000 -68.2% $66 / Sq Ft
08/27/2021 08/27/21 Sold $2,450,000 -2.0% $52 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $2,500,000 +4.2% $53 / Sq Ft
06/06/2017 06/06/17 Sold $2,400,000 +14.3% $51 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $2,100,000 -- $45 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,232 $61,650 $3,170 $58,480
2023 $2,044 $61,650 $3,170 $58,480
2022 $1,154 $53,950 $3,510 $50,440
2021 $1,222 $53,950 $3,510 $50,440
2020 $1,202 $53,950 $3,510 $50,440
2019 $1,202 $53,950 $3,510 $50,440
2018 $1,108 $49,740 $3,510 $46,230
2017 $1,046 $49,740 $3,510 $46,230
2016 $1,034 $45,540 $3,510 $42,030
2015 $1,034 $45,540 $3,510 $42,030
2014 $1,052 $45,540 $3,510 $42,030
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2024

    Leeann Sires

    EPM, Iowa

    (319) 433-8850

    1 in this area

    42 Total Sales

    Section Image

  • M

    Buyer's Agent in 2024

    Matt Matthias

    Caliber Group Property Management Co

    (319) 464-1876

    2 in this area

    11 Total Sales

    Section Image
  • Phillip Shirk

    Seller's Agent in 2021

    Phillip Shirk

    AWRE - Commercial & Development

    (319) 239-4446

    1 in this area

    101 Total Sales

    Section Image
  • Amy Wienands

    Seller's Agent in 2017

    Amy Wienands

    AWRE, EXP Realty, LLC

    (319) 240-7247

    8 in this area

    1,294 Total Sales

    Section Image
See All Agents

Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20242322

Northeast Iowa Regional Board of REALTORS®

APN: 8813-02-151-114

Iowa Black Hawk County Waterloo 50702 Hurst

1047 Langley Rd, Waterloo, IA

This home is located at 1047 Langley Rd, Waterloo, IA 50702 and is currently priced at $2,736,000, approximately $232 per square foot. This property was built in 1976. 1047 Langley Rd is a home located in Black Hawk County with nearby schools including Kittrell Elementary School, Hoover Middle School, and West High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northeast Iowa Regional Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes