1103 State St Cedar Falls, IA 50613
Estimated payment $1,188/month
Highlights
- Very Popular Property
- Holmes Junior High School Rated A-
- Heating System Uses Steam
About This Home
This 4-bedroom, 2-bathroom property is packed with potential and located just minutes from downtown Main Street’s shops, dining, and amenities. Previously rented for $1,800/month, it offers an excellent opportunity for both cash flow and long-term value. Recent updates include a brand-new driveway, new siding, and fresh interior paint. The home also features an enclosed porch for added living space and charm. With its layout, the property could be easily converted into a duplex, maximizing rental income opportunities. Whether you’re looking to expand your portfolio, get started in real estate investing, or looking for your new personal home, this property checks all the boxes—location, updates, and strong rental history.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,764
Year Built
- Built in 1919
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 66 x 66
- Property is zoned R-2
Parking
- No Garage
Home Design
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,782 Sq Ft Home
- Stone Basement
- Fire and Smoke Detector
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Schools
- Lincoln Elementary Cf
- Holmes Junior High
- Cedar Falls High School
Utilities
- Window Unit Cooling System
- Heating System Uses Steam
Listing and Financial Details
- Assessor Parcel Number 891412458004
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,916 | $171,790 | $22,110 | $149,680 |
| 2023 | $2,795 | $171,790 | $22,110 | $149,680 |
| 2022 | $2,840 | $142,270 | $22,110 | $120,160 |
| 2021 | $2,698 | $142,270 | $22,110 | $120,160 |
| 2020 | $2,652 | $134,530 | $14,370 | $120,160 |
| 2019 | $4,912 | $134,530 | $14,370 | $120,160 |
| 2018 | $2,312 | $125,100 | $14,370 | $110,730 |
| 2017 | $2,312 | $125,100 | $14,370 | $110,730 |
| 2016 | $2,210 | $125,100 | $14,370 | $110,730 |
| 2015 | $2,210 | $125,100 | $14,370 | $110,730 |
| 2014 | $2,146 | $120,070 | $14,370 | $105,700 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/08/2025 09/08/25 | For Sale | $180,000 | +9.1% | $101 / Sq Ft | |
| 04/08/2024 04/08/24 | Sold | $165,000 | -2.9% | $94 / Sq Ft | View Prior Sale |
| 03/05/2024 03/05/24 | Pending | -- | -- | -- | |
| 02/28/2024 02/28/24 | Price Changed | $169,900 | -4.3% | $96 / Sq Ft | |
| 02/23/2024 02/23/24 | Price Changed | $177,500 | -1.1% | $101 / Sq Ft | |
| 01/19/2024 01/19/24 | Price Changed | $179,500 | -3.0% | $102 / Sq Ft | |
| 10/30/2023 10/30/23 | For Sale | $185,000 | -- | $105 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | $165,000 | None Listed On Document | |
| Warranty Deed | $106,500 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $123,750 | New Conventional | |
| Previous Owner | $106,500 | Purchase Money Mortgage |
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20254413
APN: 8914-12-458-004
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