NOT LISTED FOR SALE

108 Balboa Ave Cedar Falls, IA 50613

-- Bed
-- Bath
1,502 Sq Ft
1.13 Acres

Last Sold May 31, 2023

Last sale price $2,150,000 $1,431 Per Sq Ft

Highlights

  • 1.13 Acre Lot
  • Central Air
  • Ceiling Fan
  • Southdale Elementary School Rated A-

About This Home

As of May 2023

24 Units in Great Cedar Falls location. Building has been split to condos and each unit has separate parcel #. Majority of units and mechanicals updated in last 15 months. 4/6 buildings with new roofs, 3 buildings recently sided and 1 building with brand new windows.

Last Agent to Sell the Property

Brian Wingert

Structure Real Estate License #S60468000 Listed on: 05/31/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,344

Year Built

  • Built in 1976

Lot Details

  • 1.13 Acre Lot
  • Lot Dimensions are 200x225

Home Design

  • Wood Foundation
  • Block Foundation
  • Built-Up Roof
  • Asphalt Roof
  • Vinyl Siding
  • Cement Board or Planked

Interior Spaces

  • Ceiling Fan
  • Laundry on lower level

Parking

  • 42 Open Parking Spaces
  • No Garage
  • Parking Available

Schools

  • Southdale Elementary School
  • Peet Junior High
  • Cedar Falls High School

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, water
  • Assessor Parcel Number 891425127062

Community Details

Overview

  • 24 Units

Building Details

  • Water Sewer Expense $1,500
  • Net Operating Income $152,784

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,344

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Parcel Number: 891425127062
  • Year Built: 1976
  • Property Sub-Type: Multi-Family 5+
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 1.13
  • Co List Office Phone: 319-260-2016
  • MLS Status: Closed
  • Reso Roof: Built-Up, Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Wood
  • Below Grade Sq Ft: 1504

Exterior Features

  • Construction Type: Cement Board, Vinyl Siding
  • Siding: Aluminum,Vinyl

Garage/Parking

  • Open Parking Spaces: 42
  • Parking Features: Parking Area, None

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Separate Meters
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 1500

Schools

  • Elementary School: Southdale Elementary
  • High School: Cedar Falls High
  • Middle Or Junior School: Peet Junior High

Lot Info

  • Zoning: R-4
  • Lot Dimensions: 200x225
  • Lot Size Sq Ft: 49500

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Water
  • Lease Term: Over 9 Months

Multi Family

  • Number Of Units Total: 24
  • Net Operating Income: 152784

Tax Info

  • Tax Annual Amount: 19344

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $2,150,000 0.0% $1,431 / Sq Ft
05/31/2023 05/31/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $2,150,000 +22.9% $1,431 / Sq Ft
12/30/2019 12/30/19 Sold $1,750,000 0.0% $2,327 / Sq Ft
12/30/2019 12/30/19 Pending -- -- --
12/30/2019 12/30/19 For Sale $1,750,000 -- $2,327 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Brian Wingert

    Seller's Agent in 2023

    Brian Wingert

    Structure Real Estate

    (319) 404-4884

    108 in this area

    150 Total Sales

    Section Image
  • Brad Page

    Seller's Agent in 2019

    Brad Page

    Oakridge Real Estate

    (319) 404-8899

    43 in this area

    65 Total Sales

    Section Image
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20232086

Northeast Iowa Regional Board of REALTORS®

Iowa Black Hawk County Cedar Falls 50613

108 Balboa Ave, Cedar Falls, IA

This home is located at 108 Balboa Ave, Cedar Falls, IA 50613 since 31 May 2023. This property was built in 1976. 108 Balboa Ave is a home located in Black Hawk County with nearby schools including Southdale Elementary School, Peet Junior High School, and Cedar Falls 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.

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