NOT LISTED FOR SALE

117 Franklin St Cedar Falls, IA 50613

Estimated Value: $235,000 - $290,000

6 Beds
3 Baths
1,259 Sq Ft
$205/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $185,000 $147 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,653/month

1 Day on Market

Highlights

  • Central Air
  • Garage
  • 1-minute walk to Overman Park
  • Holmes Junior High School Rated A-

About This Home

As of July 2022

Great Investment Opportunity! Triplex located in downtown Cedar Falls right next to downtown Main Street.

Last Agent to Sell the Property

Phillip Shirk

AWRE - Commercial & Development License #B63101000 Listed on: 06/13/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,324

Year Built

  • Built in 1900

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66.00 x 132.00

Home Design

  • Triplex
  • Asphalt Roof
  • Aluminum Siding

Laundry

  • Laundry on lower level

Parking

  • Garage
  • 5 Open Parking Spaces

Schools

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

Utilities

  • Central Air
  • Cooling System Mounted In Outer Wall Opening

Additional Features

  • Partially Finished Basement

Community Details

  • 3 Units
  • Water Sewer Expense $98

Listing and Financial Details

  • Assessor Parcel Number 891412177002

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,324

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Parcel Number: 891412177002
  • Year Built: 1900
  • Property Sub-Type: Triplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: 1st Floor, 2nd Floor, Lower Level
  • Co List Office Phone: 319-269-2477
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1259
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished
  • Below Grade Sq Ft: 1064

Exterior Features

  • Construction Type: Aluminum Siding
  • Siding: Aluminum

Garage/Parking

  • Open Parking Spaces: 5
  • Parking Features: Detached, Garage

Utilities

  • Cooling: Central Air, Wall Unit(s)
  • Sewer: City Sewer
  • Utilities: Electric in Rent, Gas in Rent, Water in Rent
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 98

Schools

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

Lot Info

  • Zoning: C-1
  • Lot Dimensions: 66.00 x 132.00
  • Lot Size Sq Ft: 8712

Rental Info

  • Tenant Pays: None
  • Lease Term: Over 9 Months,Other

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4324

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2022
Closed on
Jul 6, 2022
Sold by
Vanpelt Zachary J
Bought by
Harding Josh
Seller's Agent
Phillip Shirk
AWRE - Commercial & Development
List Price
$205,000
Sold Price
$185,000
Premium/Discount to List
-$20,000
-9.76%
Current Estimated Value
$258,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,546
Avg. Annual Appreciation
10.46%

Purchase Details

Closed on
Dec 13, 2017
Sold by
Cmy Properties Llc
Bought by
Sanderson Billy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,750
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2010
Sold by
Co Southern Management Llc
Bought by
Yong Cory M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,762
Interest Rate
4.16%
Mortgage Type
VA

Purchase Details

Closed on
Mar 30, 2007
Sold by
Benda James K and Benda Suzanne
Bought by
Southern Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving
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 Buyer Sale Price Title Company
Harding Josh $185,000 None Listed On Document
Sanderson Billy J $177,000 None Available
Yong Cory M $177,500 Title Services
Southern Management Llc $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanderson Billy J $132,750
Previous Owner Yong Cory M $178,762
Previous Owner Southern Management Llc $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/07/2022 07/07/22 Sold $185,000 -9.8% $147 / Sq Ft
06/14/2022 06/14/22 Pending -- -- --
06/13/2022 06/13/22 For Sale $205,000 -- $163 / 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 $3,396 $211,040 $32,340 $178,700
2023 $3,762 $211,040 $32,340 $178,700
2022 $4,484 $203,750 $38,810 $164,940
2021 $4,080 $203,750 $38,810 $164,940
2020 $4,324 $183,130 $38,810 $144,320
2019 $4,324 $144,320 $0 $144,320
2018 $4,612 $137,450 $0 $137,450
2017 $4,612 $137,450 $0 $137,450
2016 $4,830 $137,450 $0 $137,450
2015 $4,830 $137,450 $0 $137,450
2014 $5,088 $176,260 $38,810 $137,450
Source: Public Records

Agents Affiliated with this Home

  • Phillip Shirk

    Seller's Agent in 2022

    Phillip Shirk

    AWRE - Commercial & Development

    (319) 239-4446

    36 in this area

    98 Total Sales

    Phillip Shirk
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20222668

Northeast Iowa Regional Board of REALTORS®

APN: 8914-12-177-002

Iowa Black Hawk County Cedar Falls 50613

117 Franklin St, Cedar Falls, IA

This home is located at 117 Franklin St, Cedar Falls, IA 50613 since 13 June 2022 and is currently estimated at $258,546, approximately $205 per square foot. This property was built in 1900. 117 Franklin St is a home located in Black Hawk County with nearby schools including Lincoln Elementary School, Holmes Junior High School, and Cedar Falls 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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