$142,800
SOLD APR 29, 2025

115 W 15th St Cedar Falls, IA 50613

4 Beds
3 Baths
1,470 Sq Ft
3,960 Sq Ft Lot

Recently Sold

$97 Per Sq Ft

5% Below List Price

3 Days on Market

About This Home

As of April 2025

Investors!! Three unit property in central Cedar Falls location. Units one and two are located on the main level, unit three is located on the second floor. Unit one has two bedrooms and one bathroom, unit two has one bedroom, an office and one bathroom and unit three has one bedroom and one bathroom. Units one and two each share the two stall garage and have laundry in the basement. Unit one also has a laundry hookup in the bathroom. Unit three does not have dedicated parking or laundry. Services and utilities are on separate meters and paid for by renters.

Last Agent to Sell the Property

Amy Wienands

AWRE, EXP Realty, LLC License #B34553 Listed on: 03/11/2025

AWRE, EXP Realty, LLC

Co-Listed By

Mary Gillett

AWRE, EXP Realty, LLC License #S62368000

Last Buyer's Agent

Kristina Smith

RE/MAX Concepts - Waverly License #S617200

RE/MAX Concepts - Waverly

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,525

Year Built

  • Built in 1922

Lot Details

  • 3,960 Sq Ft Lot
  • Lot Dimensions are 60x66

Home Design

  • Triplex
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry on lower level

Parking

  • Garage
  • 2 Open Parking Spaces
  • No Garage

Schools

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

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, trash collection, water
  • Assessor Parcel Number 891413137006

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,525

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Parcel Number: 891413137006
  • Year Built: 1922
  • Property Sub-Type: Triplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Lower Level, None
  • Lot Size Acres: 0.09
  • Co List Office Mls Id: NBR197
  • Co List Office Phone: 319-269-2477
  • Co List Office Phone: 319-269-2477
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1470
  • Reso Roof: Asphalt
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1305

Exterior Features

  • Construction Type: Cement Siding
  • Siding: Cement Asbestos

Garage/Parking

  • Open Parking Spaces: 2
  • Parking Features: Garage, No Parking, Detached
  • Garage Spaces: 1
  • Garage Spaces: 1

Utilities

  • Cooling: None
  • Sewer: Public Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual, Gas Individual Meters, Water - Multiple Meters
  • Water Source: Public

Schools

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

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 60x66
  • Lot Size Sq Ft: 3960

Rental Info

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

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 2525

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2025
Closed on
Jun 26, 2025
Sold by
Ridenour Kimie A
Bought by
Hagedorn Housing Llc
Seller's Agent
Amy Wienands
AWRE, EXP Realty, LLC
Buyer's Agent
Kristina Smith
RE/MAX Concepts - Waverly
List Price
$149,900
Sold Price
$142,800
Premium/Discount to List
-$7,100
-4.74%
Views
16
Current Estimated Value
$172,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,392
Avg. Annual Appreciation
118.12%
Original Mortgage
$121,380
Outstanding Balance
$121,380
Interest Rate
6.86%
Mortgage Type
Credit Line Revolving
Estimated Equity
$50,812
Source: Public Records

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 Type Sale Price Title Company
Warranty Deed $143,000 Title Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $121,380 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 Sold $142,800 -4.7% $97 / Sq Ft
03/14/2025 03/14/25 Pending -- -- --
03/11/2025 03/11/25 For Sale $149,900 -- $102 / 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 $2,524 $161,490 $18,090 $143,400
2023 $2,410 $161,490 $18,090 $143,400
2022 $2,872 $130,560 $24,120 $106,440
2021 $2,612 $130,560 $24,120 $106,440
2020 $2,768 $117,260 $24,120 $93,140
2019 $2,768 $93,140 $0 $93,140
2018 $2,952 $88,700 $0 $88,700
2017 $3,096 $88,700 $0 $88,700
2016 $3,102 $89,060 $0 $89,060
2015 $3,102 $89,060 $0 $89,060
2014 $3,266 $113,180 $24,120 $89,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20250947

Northeast Iowa Regional Board of REALTORS®

APN: 8914-13-137-006