NOT LISTED FOR SALE

118 Walnut St Cedar Falls, IA 50613

Estimated Value: $117,000 - $166,000

2 Beds
1 Bath
720 Sq Ft
$191/Sq Ft Est. Value

Last Sold December 07, 2017

Last sale price $75,000 $104 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $882/month

12 Days on Market

Highlights

  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • 4-minute walk to Overman Park
  • Holmes Junior High School Rated A-
  • Level Lot

About This Home

As of December 2017

Existing permitted rental property needing updates with month-to-month tenant. Being sold in "As-Is" condition. Rents for $800/month. Vinyl siding, 60 amp service, furnace -1991, A/C -2011, water heater - 2010, shingles - 2005. Washer/dryer/stove/refrigerator remain. Single detached garage off the alley across from McDonalds. Zoned R-2. Purchase alone or as a package with 122 Walnut St., which is adjacent & located on the NE corner of 2nd & Walnut. Up to $10K in City of CF Grant funds available on a 1st come-1st serve basis for exterior improvements for owner-occupant purchasers. Ask your Realtor for details.

Last Agent to Sell the Property

Bruce Wingert

Structure Real Estate License #B14346000 Listed on: 10/08/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,624

Year Built

  • Built in 1952

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Level Lot
  • Property is zoned R-2

Parking

  • 1 Car Detached Garage

Home Design

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

Interior Spaces

  • 720 Sq Ft Home
  • Unfinished Basement
  • Sump Pump
  • Fire and Smoke Detector
  • Free-Standing Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $750
  • Assessor Parcel Number 891412154007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,624

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Parcel Number: 891412154007
  • Year Built: 1952
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.2
  • Road Frontage Type: Paved Road
  • Road Surface Type: Alley
  • Co List Office Mls Id: NBR425
  • Co List Office Phone: 319-260-2016
  • Co List Office Phone: 319-260-2016
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 720
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Dryer, Free-Standing Range, Sump Pump, Refrigerator, Gas Water Heater
  • Basement: Block, Concrete, Floor Drain, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • BelowGradeArea: 720

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: 1 Stall, Detached Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

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: 66x132
  • Lot Size Sq Ft: 8712
  • Additional Parcels: No

Multi Family

  • Total Actual Rent: 750

Tax Info

  • Tax Annual Amount: 1624

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2024
Sold by
Baugh Earl John and Baugh John Earl
Bought by
Waterloo Development Corp
Current Estimated Value
$137,239

Purchase Details

Closed on
Oct 18, 2024
Sold by
East Fourth Properties Inc
Bought by
Baugh John Earl and Baugh Sharon Jonene

Purchase Details

Listed on
Oct 8, 2017
Closed on
Dec 5, 2017
Sold by
Mckernan James M and Mckernan Pamela C
Bought by
Plummer Steve and Plummer Jennifer
Seller's Agent
Bruce Wingert
Structure Real Estate
List Price
$76,500
Sold Price
$75,000
Premium/Discount to List
-$1,500
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$67,076
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
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
Waterloo Development Corp $400,000 None Listed On Document
Waterloo Development Corp $400,000 None Listed On Document
Baugh John Earl -- None Listed On Document
Baugh John Earl -- None Listed On Document
Plummer Steve $75,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Plummer Steve $67,076
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2017 12/07/17 Sold $75,000 -2.0% $104 / Sq Ft
10/20/2017 10/20/17 Pending -- -- --
10/08/2017 10/08/17 For Sale $76,500 -- $106 / 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 $1,848 $114,860 $32,340 $82,520
2023 $1,870 $114,860 $32,340 $82,520
2022 $1,892 $101,270 $32,340 $68,930
2021 $1,674 $101,270 $32,340 $68,930
2020 $1,642 $89,950 $21,020 $68,930
2019 $1,642 $89,950 $21,020 $68,930
2018 $1,590 $85,990 $21,020 $64,970
2017 $1,590 $85,990 $21,020 $64,970
2016 $1,520 $85,990 $21,020 $64,970
2015 $1,520 $85,990 $21,020 $64,970
2014 $1,436 $80,340 $21,020 $59,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20175627

Northeast Iowa Regional Board of REALTORS®

APN: 8914-12-154-007