$64,500
SOLD APR 11, 2016
-- Bed
-- Bath
1,180 Sq Ft
6,100 Sq Ft Lot

Recently Sold

$55 Per Sq Ft

7% Below List Price

155 Days on Market

About This Home

As of November 2022

INVESTOR'S DELIGHT: This Up & Down duplex is a great income property opportunity. Main level is a 2 bedroom, 1.5 baths, formal dining, some new carpet and rents for $600-650/month. Upper level is a 2 bedroom, 1.75 baths and rents for $550/month. Tenants pay gas & electric.

Last Agent to Sell the Property

Brian will

RE/MAX Concepts - Cedar Falls License #S57745000 Listed on: 09/22/2015

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 6,100 Sq Ft Lot
  • Lot Dimensions are 50 x 122

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property

Parking

  • 4 Open Parking Spaces
  • No Garage

Schools

  • Kingsley Elementary School
  • Hoover Intermediate
  • West High School

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Water Sewer Expense $110

Listing and Financial Details

  • Tenant pays for electricity, gas, lawn care, snow removal
  • Assessor Parcel Number 891326354011

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Parcel Number: 891326354011
  • Year Built: 1914
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: None
  • Lot Size Acres: 0.14
  • Road Frontage Type: Hard Surface Road
  • Co List Office Phone: 319-266-7100
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1180
  • Architectural Style: Two Story
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Below Grade Sq Ft: 714

Exterior Features

  • Construction Type: Wood Siding
  • Siding: Wood

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: None, Gravel

Utilities

  • Cooling: Central Air, Window Unit(s)
  • Heating: Gas
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Gas Individual Meters
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 110

Schools

  • Elementary School: Kingsley Elementary
  • High School: West High
  • Middle Or Junior School: Hoover Intermediate

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 50 x 122
  • Lot Size Sq Ft: 6100
  • Additional Parcels: No

Rental Info

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

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Nov 30, 2022
Sold by
Wieskamp Lance and Wieskamp Hayley
Bought by
Eich Joseph D
Seller's Agent
Cindy Gaffney
RE/MAX Concepts - Cedar Falls
List Price
$115,000
Sold Price
$105,000
Premium/Discount to List
-$10,000
-8.7%
Views
1
Current Estimated Value
$159,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,306
Avg. Annual Appreciation
15.99%
Original Mortgage
$21,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 22, 2015
Closed on
Apr 8, 2016
Sold by
Carpenter Charlton W and Carpenter Renee A
Bought by
Wieskamp Lance and Wieskamp Hayley
Seller's Agent
Brian will
RE/MAX Concepts - Cedar Falls
List Price
$69,500
Sold Price
$64,500
Premium/Discount to List
-$5,000
-7.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.61%

Purchase Details

Closed on
Sep 26, 2014
Sold by
Carpenter Scott J and Carpenter Heather M
Bought by
Carpenter Charlton W and Carpenter Renee A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,215
Interest Rate
4.11%
Mortgage Type
Construction

Purchase Details

Closed on
Dec 31, 2012
Sold by
Meyer Richard L and Meyer Susan E
Bought by
Carpenter Scott J and Carpenter Heather M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,397
Interest Rate
3.31%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $105,000 None Listed On Document
Warranty Deed $64,500 None Available
Interfamily Deed Transfer $56,500 None Available
Warranty Deed $52,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $21,000 New Conventional
Open $84,000 New Conventional
Previous Owner $66,215 Construction
Previous Owner $52,397 Future Advance Clause Open End Mortgage
Previous Owner $79,950 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $105,000 -8.7% $89 / Sq Ft
10/28/2022 10/28/22 Pending -- -- --
10/26/2022 10/26/22 For Sale $115,000 +78.3% $97 / Sq Ft
04/11/2016 04/11/16 Sold $64,500 -7.2% $55 / Sq Ft
02/24/2016 02/24/16 Pending -- -- --
09/22/2015 09/22/15 For Sale $69,500 -- $59 / 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 $2,334 $117,820 $16,800 $101,020
2023 $2,286 $114,180 $16,800 $97,380
2022 $2,224 $104,050 $16,800 $87,250
2021 $2,068 $104,050 $16,800 $87,250
2020 $2,034 $91,260 $13,200 $78,060
2019 $2,034 $91,260 $13,200 $78,060
2018 $2,034 $91,260 $13,200 $78,060
2017 $2,096 $91,260 $13,200 $78,060
2016 $2,070 $91,260 $13,200 $78,060
2015 $2,070 $91,260 $13,200 $78,060
2014 $2,110 $91,260 $13,200 $78,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20156092

Northeast Iowa Regional Board of REALTORS®

APN: 8913-26-354-011