NOT LISTED FOR SALE

1121 Oleson Rd Unit 1125 Waterloo, IA 50702

Hurst Neighborhood

Estimated Value: $221,000 - $225,000

4 Beds
2 Baths
7,200 Sq Ft
$31/Sq Ft Est. Value

Last Sold January 11, 2017

Last sale price $450,000 $62 Per Sq Ft

Est. 50% decrease in value since last sale

Current estimated payment $1,588/month

2 Days on Market

About This Home

As of January 2017

Phenomenal Investor Opportunity! Come check out this awesome opportunity to invest in multi-unit rentals! This package includes four buildings, each with two units, for a total of 8 rental units. All units are side-by-side, and have a similar set-up. As you enter, you are greeted with a living room with great windows. The kitchen is right off the living space, and features an eat-in dining area, which has a convenient door access to the rear yard. You’ll find two great bedrooms, that offer great closet space, and a full bathroom on the main level. The lower level has tons of potential to be finished off, as it offers great space. The rear exterior of the units has parking spots, but also the potential to add garages. These units are currently rented out & 1 is vacant. One is rented at $610, one at $640, and the rest are $650. They are conveniently located, close to shopping, parks and schools! Don’t miss out on your opportunity to invest in these great units!

Last Listed By

Amy Wienands

AWRE, EXP Realty, LLC License #B34553 Listed on: 11/16/2016

AWRE, EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1980

Lot Details

  • 0.79 Acre Lot
  • Lot Dimensions are 288x120

Home Design

  • Concrete Foundation
  • Asphalt Roof
  • Vinyl Siding

Parking

  • 8 Open Parking Spaces
  • No Garage
  • Parking Available
  • On-Street Parking

Schools

  • Kittrell Elementary School
  • Hoover Intermediate
  • West High School

Additional Features

  • Washer and Gas Dryer Hookup
  • Central Air

Community Details

  • 8 Units

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, trash collection, water
  • Assessor Parcel Number 881302101028

Property Details

Home Type

Multi-Family

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Parcel Number: 881302101028
  • Year Built: 1980
  • Property Sub-Type: Multi-Family 5+
  • ResoLaundryFeatures: Dryer Hookup-Gas, Washer Hookup
  • Lot Size Acres: 0.792
  • Co List Office Phone: 319-269-2477
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 7200
  • Reso Roof: Asphalt
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete
  • Below Grade Sq Ft: 7200

Exterior Features

  • Construction Type: Vinyl Siding
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 8
  • Parking Features: None, On Street, Parking Space

Utilities

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

Schools

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

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 288x120
  • Lot Size Sq Ft: 34560

Rental Info

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

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 13096

Range of Values:

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Average Value
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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
01/11/2017 01/11/17 Sold $450,000 -16.7% $63 / Sq Ft
11/18/2016 11/18/16 Pending -- -- --
11/16/2016 11/16/16 For Sale $539,900 -- $75 / 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 $4,228 $211,490 $23,940 $187,550
2023 $3,406 $211,490 $23,940 $187,550
2022 $3,316 $155,100 $23,940 $131,160
2021 $3,248 $155,100 $23,940 $131,160
2020 $3,317 $143,420 $18,810 $124,610
2019 $3,354 $143,420 $18,810 $124,610
2018 $3,354 $143,420 $18,810 $124,610
2017 $3,314 $143,420 $18,810 $124,610
2016 $3,274 $144,330 $18,810 $125,520
2015 $3,274 $144,330 $18,810 $125,520
2014 $3,338 $144,330 $18,810 $125,520
Source: Public Records

Agents Affiliated with this Home

  • Amy Wienands

    Seller's Agent in 2017

    Amy Wienands

    AWRE, EXP Realty, LLC

    (319) 240-7247

    9 in this area

    1,340 Total Sales

    Amy Wienands
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Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20166602

Northeast Iowa Regional Board of REALTORS®

APN: 8813-02-101-028

Iowa Black Hawk County Waterloo 50702 Hurst

1121 Oleson Rd Unit 1125, Waterloo, IA

Homes for Sale in Waterloo, IA

This home is located at 1121 Oleson Rd Unit 1125, Waterloo, IA 50702 since 16 November 2016 and is currently estimated at $223,000, approximately $30 per square foot. This property was built in 1980. 1121 Oleson Rd Unit 1125 is a home located in Black Hawk County with nearby schools including Kittrell Elementary School, Hoover Middle School, and West High School.

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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.