$143,000
SOLD AUG 21, 2020

1113-1121 W 7th St Waterloo, IA 50702

Neighbors Helping Neighbors Neighborhood
-- Bed
-- Bath
2,160 Sq Ft
7,330 Sq Ft Lot

Recently Sold

$66 Per Sq Ft

11% Below List Price

96 Days on Market

About This Home

As of April 2024

Great investment opportunity! All units currently rented. Four units are spacious one bedroom condos, with the fifth being a two bedroom. Washer and dryer in two of the units. Central air in the two upstairs units. New roof in 2018. Contact agent for info on income/rents.

Last Agent to Sell the Property

Dan Berregaard

Oakridge Real Estate License #B40431 Listed on: 03/11/2020

Oakridge Real Estate

Co-Listed By

Eli Berregaard

Oakridge Real Estate License #S67391000

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 7,330 Sq Ft Lot

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • Crawl Space
  • Laundry in Kitchen

Parking

  • No Garage
  • On-Street Parking

Schools

  • Irving Elementary School
  • Central Middle School
  • West High School

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, heat
  • Assessor Parcel Number 891326456010

Community Details

Overview

  • 5 Units

Building Details

  • Water Sewer Expense $1,333
  • Operating Expense $7,434
  • Gross Income $26,700
  • Net Operating Income $19,266

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Parcel Number: 891326456010
  • Year Built: 1960
  • Property Sub-Type: Multi-Family 5+
  • PropertyType: Residential Income
  • ResoLaundryFeatures: In Kitchen
  • Lot Size Acres: 0.17
  • Road Frontage Type: Paved Road
  • Co List Office Mls Id: NBR49
  • Co List Office Phone: 319-277-5005
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2160
  • Architectural Style: Apartments (5+ Units)
  • Reso Roof: Asphalt
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Construction Type: Vinyl Siding
  • Siding: Vinyl

Garage/Parking

  • Parking Features: None, On Street

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Utilities: Elec Individual Meters, Gas Individual Meters, Water in Rent
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 1333

Schools

  • Elementary School: Irving Elementary
  • High School: West High
  • Middle Or Junior School: Central

Lot Info

  • Zoning: R-3
  • Lot Dimensions: .17
  • Lot Size Sq Ft: 7330

Rental Info

  • Tenant Pays: Electricity, Heat
  • Lease Term: Month To Month

Multi Family

  • Gross Income: 26700
  • Operating Expense: 7434
  • Number Of Units Total: 5
  • Net Operating Income: 19266

Tax Info

  • Tax Annual Amount: 3668

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Range of Values:

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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
04/26/2024 04/26/24 Sold $375,000 -6.0% $174 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
12/05/2023 12/05/23 Price Changed $399,000 -3.9% $185 / Sq Ft
10/09/2023 10/09/23 For Sale $415,000 +190.2% $192 / Sq Ft
08/21/2020 08/21/20 Sold $143,000 -4.6% $66 / Sq Ft
06/15/2020 06/15/20 Pending -- -- --
05/05/2020 05/05/20 Price Changed $149,900 -6.3% $69 / Sq Ft
03/23/2020 03/23/20 For Sale $159,900 0.0% $74 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $159,900 -- $74 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2024

    Eli Berregaard

    Oakridge Real Estate

    (319) 269-7834

    4 in this area

    105 Total Sales

    Eli Berregaard
    Section Image
  • Dan Berregaard

    Seller Co-Listing Agent in 2024

    Dan Berregaard

    Oakridge Real Estate

    (319) 269-1549

    4 in this area

    145 Total Sales

    Dan Berregaard
    Section Image
  • Amanda Rodomista

    Buyer's Agent in 2024

    Amanda Rodomista

    Realty ONE Group Movement

    (319) 429-5559

    3 in this area

    20 Total Sales

    Amanda Rodomista
    Section Image
See All Agents

Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20201157

Northeast Iowa Regional Board of REALTORS®

Iowa Black Hawk County Waterloo 50702 Neighbors Helping Neighbors

1113-1121 W 7th St, Waterloo, IA

This home is located at 1113-1121 W 7th St, Waterloo, IA 50702 and is currently priced at $143,000, approximately $66 per square foot. This property was built in 1960. 1113-1121 W 7th St is a home located in Black Hawk County with nearby schools including Irving Elementary School, Central 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.

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