NOT LISTED FOR SALE

1109 Main St Cedar Falls, IA 50613

Estimated Value: $262,000 - $338,000

6 Beds
3 Baths
1,995 Sq Ft
$145/Sq Ft Est. Value

Last Sold January 10, 2022

Last sale price $228,435 $115 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,834/month

5 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Holmes Junior High School Rated A-
  • Garage

About This Home

As of January 2022

Great investment opportunity with this CF 3-plex. Rents are $750, $700 and $725. Utilities are separate. Garage rents for an additional $65 per month. Nice clean 2 bedroom units. 2 units have additional 1/2 bath. Great location close to downtown. Newer roof and siding. Great parking with paved parking for all units. Offers will be presented Monday afternoon 12/6.

Last Agent to Sell the Property

Timothy Rogers

One Realty Centre License #B39517000 Listed on: 12/01/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,547

Year Built

  • Built in 1890

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Home Design

  • Triplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Laundry on lower level

Parking

  • Garage
  • 6 Open Parking Spaces
  • Parking Available

Schools

  • Lincoln Elementary Cf
  • Holmes Junior High
  • Cedar Falls High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, water
  • Assessor Parcel Number 891412391004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,547

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Parcel Number: 891412391004
  • Year Built: 1890
  • Property Sub-Type: Triplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Lower Level
  • Co List Office Phone: 319-277-1077
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1995
  • Architectural Style: Two Story, Triplex
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Below Grade Sq Ft: 405

Exterior Features

  • Construction Type: Vinyl Siding
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 6
  • Parking Features: Detached, Garage, Parking Space, Paved

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Utilities: Elec Individual Meters, Garbage Pd by Individual, Gas Individual Meters, Water - Multiple Meters
  • Water Source: City

Schools

  • Elementary School: Lincoln Elementary CF
  • High School: Cedar Falls High
  • Middle Or Junior School: Holmes Junior High

Lot Info

  • Zoning: R-4
  • Lot Dimensions: 66x132
  • Lot Size Sq Ft: 8712

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas, Heat, Water
  • Lease Term: Other

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3547

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 10, 2022
Sold by
Mershon Rentals Llc
Bought by
Callum Hill Properties Llc
Seller's Agent
Timothy Rogers
One Realty Centre
List Price
$189,900
Sold Price
$228,435
Premium/Discount to List
$38,535
20.29%
Current Estimated Value
$289,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,917
Avg. Annual Appreciation
4.81%
Original Mortgage
$240,000
Outstanding Balance
$223,437
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$48,388
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Callum Hill Properties Llc $228,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callum Hill Properties Llc $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2022 01/10/22 Sold $228,435 +20.3% $115 / Sq Ft
12/06/2021 12/06/21 Pending -- -- --
12/01/2021 12/01/21 For Sale $189,900 -- $95 / 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 $3,666 $227,820 $32,340 $195,480
2023 $3,256 $227,820 $32,340 $195,480
2022 $3,882 $176,390 $38,810 $137,580
2021 $3,548 $176,390 $38,810 $137,580
2020 $3,760 $159,200 $38,810 $120,390
2019 $3,760 $120,390 $0 $120,390
2018 $4,016 $114,650 $0 $114,650
2017 $4,198 $114,650 $0 $114,650
2016 $4,204 $114,650 $0 $114,650
2015 $4,204 $114,650 $0 $114,650
2014 $4,430 $153,460 $38,810 $114,650
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Timothy Rogers

    One Realty Centre

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20215641

Northeast Iowa Regional Board of REALTORS®

APN: 8914-12-391-004

Iowa Black Hawk County Cedar Falls 50613

1109 Main St, Cedar Falls, IA

This home is located at 1109 Main St, Cedar Falls, IA 50613 since 01 December 2021 and is currently estimated at $289,352, approximately $145 per square foot. This property was built in 1890. 1109 Main St is a home located in Black Hawk County with nearby schools including Lincoln Elementary School, Holmes 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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