NOT LISTED FOR SALE

1142 Rachael St Unit 1144 Waterloo, IA 50701

Estimated Value: $197,641 - $230,000

4 Beds
2 Baths
1,712 Sq Ft
$121/Sq Ft Est. Value

Last Sold December 16, 2024

Last sale price $200,000 $117 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,488/month

4 Days on Market

About This Home

As of December 2024

Location, location, location! Great duplex opportunity in the Lou Henry district. Each side offers 2BR/1BA with separate basement entrances/single stall garage. Future finish potential in basements. 1144- tenant has a lease in place until April 1st, 2025. 1142 is available immediately.

Last Listed By

Bryn Mangrich

Oakridge Real Estate License #S44436 Listed on: 11/06/2024

Oakridge Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,967

Year Built

  • Built in 1959

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 90x143

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • Garage
  • Parking Available

Schools

  • Lou Henry Elementary School
  • Hoover Intermediate
  • West High School

Additional Features

  • Laundry on lower level
  • Forced Air Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, lawn care, snow removal, trash collection, water
  • Assessor Parcel Number 881304301008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,967

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Parcel Number: 881304301008
  • Year Built: 1959
  • Property Sub-Type: Duplex
  • ResoLaundryFeatures: Lower Level
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1712
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1712

Exterior Features

  • Construction Type: Vinyl Siding
  • Siding: Vinyl

Garage/Parking

  • Parking Features: Garage, Parking Area, Detached
  • Garage Spaces: 1
  • Garage Spaces: 1

Utilities

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

Schools

  • Elementary School: Lou Henry
  • High School: West High
  • Middle Or Junior School: Hoover Intermediate

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 90x143
  • Lot Size Sq Ft: 12870

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas, Heat, Lawn Care, Snow Removal, Trash Collection, Water
  • Lease Term: 6 Months or Less

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3967.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2024
Closed on
Dec 25, 2024
Sold by
Vandenberg Chad G
Bought by
Vandenberg Sara R
Seller's Agent
Bryn Mangrich
Oakridge Real Estate
Buyer's Agent
Mike Taylor
Lockard Realty Company
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%
Total Days on Market
4
Views
3
Current Estimated Value
$207,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,660
Avg. Annual Appreciation
47.32%
Original Mortgage
$201,591
Outstanding Balance
$201,591
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
$30,135

Purchase Details

Listed on
Nov 6, 2024
Closed on
Dec 16, 2024
Sold by
Vandenberg Sara R
Bought by
La Unika Llc
Seller's Agent
Bryn Mangrich
Oakridge Real Estate
Buyer's Agent
Mike Taylor
Lockard Realty Company
List Price
$210,000
Sold Price
$200,000
Premium/Discount to List
-$10,000
-4.76%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,591
Outstanding Balance
$201,591
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving
Estimated Equity
$30,135

Purchase Details

Closed on
Sep 4, 2007
Sold by
Merfeld Stephen M
Bought by
Vandenberg Chad G and Vandenberg Sara R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,175
Interest Rate
6.63%
Mortgage Type
New Conventional

Range of Values:

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Average Value
Not Available
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
La Unika Llc $200,000 Black Hawk County Abstract
La Unika Llc $200,000 Black Hawk County Abstract
Vandenberg Chad G $147,000 None Available
Merfeld Stephen M $128,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open La Unika Llc $201,591
Closed La Unika Llc $201,591
Previous Owner Merfeld Stephen M $110,175
Previous Owner Vandenberg Chad G $22,030
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2024 12/16/24 Sold $200,000 -4.8% $117 / Sq Ft
11/10/2024 11/10/24 Pending -- -- --
11/06/2024 11/06/24 For Sale $210,000 -- $123 / 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 $3,968 $198,480 $36,360 $162,120
2023 $3,630 $198,480 $36,360 $162,120
2022 $3,534 $165,280 $36,360 $128,920
2021 $3,378 $165,280 $36,360 $128,920
2020 $3,324 $149,160 $29,540 $119,620
2019 $3,324 $149,160 $29,540 $119,620
2018 $3,326 $149,160 $29,540 $119,620
2017 $3,326 $149,160 $29,540 $119,620
2016 $3,404 $150,070 $29,540 $120,530
2015 $3,404 $150,070 $29,540 $120,530
2014 $3,314 $143,370 $29,540 $113,830
Source: Public Records

Agents Affiliated with this Home

  • Bryn Mangrich

    Seller's Agent in 2024

    Bryn Mangrich

    Oakridge Real Estate

    (319) 239-7815

    161 Total Sales

    Bryn Mangrich
    Section Image
  • Mike Taylor

    Buyer's Agent in 2024

    Mike Taylor

    Lockard Realty Company

    (319) 239-3659

    140 Total Sales

    Mike Taylor
    Section Image
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20244983

Northeast Iowa Regional Board of REALTORS®

APN: 8813-04-301-008

Iowa Black Hawk County Waterloo 50701

1142 Rachael St Unit 1144, Waterloo, IA

Homes for Sale in Waterloo, IA

This home is located at 1142 Rachael St Unit 1144, Waterloo, IA 50701 since 06 November 2024 and is currently estimated at $207,660, approximately $121 per square foot. This property was built in 1959. 1142 Rachael St Unit 1144 is a home located in Black Hawk County with nearby schools including Lou Henry Elementary School, Hoover 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.