NOT LISTED FOR SALE

115 3rd Ave SE Waverly, IA 50677

Estimated Value: $128,000 - $204,000

3 Beds
2 Baths
832 Sq Ft
$191/Sq Ft Est. Value

Last Sold June 30, 2022

Last sale price $135,000 $162 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,034/month

2 Days on Market

Highlights

  • Forced Air Zoned Heating and Cooling System
  • Ceiling Fan
  • Garage

About This Home

As of June 2022

Here is an excellent opportunity to either start or add to your investment portfolio in Waverly, Iowa or turn this back into a single family home! This is an Up/Down Duplex that is in a great location! Just walking distance from downtown and many restaurants and parks! We have two bedrooms on the main and 1 bedroom up both with kitchens and bathrooms! The main floor tenant has the attached garage and driveway. Call today to get your showing scheduled!

Last Agent to Sell the Property

Rick Bauer

RE/MAX Concepts - Waterloo License #B18473000 Listed on: 05/23/2022

RE/MAX Concepts - Waterloo

Co-Listed By

Bobby Kastli

Structure Real Estate License #S63615000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,169

Year Built

  • Built in 1951

Lot Details

  • 3,762 Sq Ft Lot
  • Lot Dimensions are 57x66

Home Design

  • Duplex
  • Concrete Foundation
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Ceiling Fan
  • Interior and Exterior Basement Entry
  • Laundry on lower level

Parking

  • Garage
  • 2 Open Parking Spaces
  • On-Street Parking

Schools

  • Waverly / Shellrock Elementary And Middle School
  • Waverly / Shellrock High School

Utilities

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

Listing and Financial Details

  • Tenant pays for gas, heat, lawn care, snow removal
  • Assessor Parcel Number 0902185007

Community Details

Overview

  • 2 Units

Building Details

  • Electric Expense $601
  • Operating Expense $4,743
  • Gross Income $15,000
  • Net Operating Income $10,256

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,169

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Parcel Number: 0902185007
  • Year Built: 1951
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Lower Level
  • Road Frontage Type: Hard Surface Road
  • Co List Office Mls Id: NBR75
  • Co List Office Phone: 319-232-7100
  • Co List Office Phone: 319-232-7100
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 832
  • Architectural Style: One and Half Story, Duplex
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Concrete, Entrance-Inside, Entrance-Outside, Floor Drain
  • Below Grade Sq Ft: 832

Exterior Features

  • Construction Type: Vinyl Siding
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 2
  • Parking Features: Attached, Garage, On Street, Street Parking

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Heating: Forced Air, Gas, Zoned
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Electric in Rent
  • Water Source: City

Schools

  • Elementary School: Waverly / Shellrock
  • High School: Waverly / Shellrock
  • Middle Or Junior School: Waverly / Shellrock

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 57X66
  • Lot Size Sq Ft: 3762

Rental Info

  • Tenant Pays: Gas, Heat, Lawn Care, Snow Removal
  • Lease Term: Over 9 Months

Multi Family

  • Gross Income: 15000
  • Operating Expense: 4743
  • Number Of Units Total: 2
  • Electric Expense: 601.41
  • Net Operating Income: 10256

Tax Info

  • Tax Annual Amount: 2169

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2014
Sold by
Wartburg College
Bought by
Schneider Brian and Schneider Melissa
Current Estimated Value
$159,269

Purchase Details

Closed on
Aug 30, 2013
Sold by
Dieter Mildred I
Bought by
Wartburg College
Source: Public Records

Range of Values:

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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
Schneider Brian $94,000 None Available
Wartburg College -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $135,000 0.0% $162 / Sq Ft
05/25/2022 05/25/22 Pending -- -- --
05/23/2022 05/23/22 For Sale $135,000 -- $162 / 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
2025 $2,268 $135,530 $18,210 $117,320
2024 $2,268 $126,910 $18,210 $108,700
2023 $2,232 $142,800 $14,170 $128,630
2022 $2,154 $114,840 $14,170 $100,670
2021 $2,170 $114,840 $14,170 $100,670
2020 $2,170 $108,150 $12,140 $96,010
2019 $1,988 $105,350 $0 $0
2018 $1,948 $105,350 $0 $0
2017 $1,948 $97,180 $0 $0
2016 $1,938 $97,180 $0 $0
2015 $1,938 $90,820 $0 $0
2014 $1,854 $90,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rick Bauer

    Seller's Agent in 2022

    Rick Bauer

    RE/MAX

    (319) 493-3500

    2 in this area

    262 Total Sales

    Rick Bauer
    Section Image
  • Bobby Kastli

    Seller Co-Listing Agent in 2022

    Bobby Kastli

    Structure Real Estate

    (319) 239-9877

    12 in this area

    127 Total Sales

    Bobby Kastli
    Section Image
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20222230

Northeast Iowa Regional Board of REALTORS®

APN: 09-02-185-007

Iowa Bremer County Waverly 50677

115 3rd Ave SE, Waverly, IA

This home is located at 115 3rd Ave SE, Waverly, IA 50677 since 23 May 2022 and is currently estimated at $159,269, approximately $191 per square foot. This property was built in 1951. 115 3rd Ave SE is a home located in Bremer County with nearby schools including Waverly-Shell Rock Senior High School and St. Paul's Lutheran 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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