NOT LISTED FOR SALE

1201-1203 Bertch Ave Waterloo, IA 50702

Neighbors Helping Neighbors Neighborhood

Estimated Value: $177,000 - $267,153

4 Beds
2 Baths
1,520 Sq Ft
$132/Sq Ft Est. Value

Last Sold February 11, 2021

Last sale price $134,900 $89 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,342/month

3 Days on Market

Highlights

  • Central Air
  • Garage
  • 3-minute walk to Leavitt Triangle Park

About This Home

As of February 2021

Great investment property or live in one side and rent the other.1-3 bedroom 1 bath unit rents for $750 lease ends 8-30-2021. 1-2 bedroom 1.5 bath rents for $ 675 + 20 pet fee month to month lease. Tenants pay all utilities and water. This is a nice clean duplex and well maintained. All measurements are approximate .

Last Agent to Sell the Property

Joseph Wright

Lockard Realty Company License #S63651000 Listed on: 12/30/2020

Co-Listed By

Mike Taylor

Lockard Realty Company License #S40482

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,544

Year Built

  • Built in 1947

Lot Details

  • 6,350 Sq Ft Lot
  • Lot Dimensions are 50x127 50x127

Home Design

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

Parking

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

Schools

  • Lowell Elementary School
  • Bunger Middle School
  • West High School

Additional Features

  • Laundry on lower level
  • Central Air

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, lawn care, snow removal, trash collection, water
  • Assessor Parcel Number 891335227014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,544

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Parcel Number: 891335227014
  • Year Built: 1947
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.146
  • Co List Office Mls Id: NBR40
  • Co List Office Phone: 319-277-8000
  • Co List Office Phone: 319-277-8000
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1520
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Concrete
  • Below Grade Sq Ft: 1520

Exterior Features

  • Construction Type: Vinyl Siding
  • Siding: Vinyl

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Sewer: City Sewer
  • Utilities: Elec Individual Meters, Garbage Pd by Individual, Gas Individual Meters, Separate Meters, Water - Multiple Meters
  • Water Source: City

Schools

  • Elementary School: Lowell
  • High School: West High
  • Middle Or Junior School: Bunger

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 50x127 50x127
  • Lot Size Sq Ft: 6350

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas, Heat, Lawn Care, Snow Removal, Trash Collection, Water
  • Lease Term: Over 9 Months,Month to Month

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2544

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2020
Closed on
Feb 9, 2021
Sold by
Farlinger Clinton D and Farlinger Amy E
Bought by
Mass Investments Llc
Seller's Agent
Joseph Wright
Lockard Realty Company
List Price
$134,900
Sold Price
$134,900
Current Estimated Value
$200,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,888
Avg. Annual Appreciation
8.37%
Original Mortgage
$107,920
Outstanding Balance
$92,640
Interest Rate
2.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$108,148

Purchase Details

Closed on
Feb 6, 2019
Sold by
Acm Enterprises Llc
Bought by
1201 Berich Avenue T

Purchase Details

Closed on
May 13, 2005
Sold by
Majetic Besim and Majetic Rafia
Bought by
Majetic Nuraga and Majetic Edina
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mass Investments Llc $135,000 None Available
1201 Berich Avenue T -- --
Majetic Nuraga -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mass Investments Llc $107,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/11/2021 02/11/21 Sold $134,900 0.0% $89 / Sq Ft
01/02/2021 01/02/21 Pending -- -- --
12/30/2020 12/30/20 For Sale $134,900 -- $89 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

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 $3,328 $165,250 $15,760 $149,490
2024 $3,328 $153,380 $15,760 $137,620
2023 $2,903 $153,380 $15,760 $137,620
2022 $2,446 $119,090 $15,760 $103,330
2021 $2,586 $114,370 $15,760 $98,610
2020 $2,544 $114,140 $12,130 $102,010
2019 $2,544 $114,140 $12,130 $102,010
2018 $2,544 $114,140 $12,130 $102,010
2017 $2,758 $114,140 $12,130 $102,010
2016 $2,480 $115,330 $12,130 $103,200
2015 $2,573 $109,290 $12,130 $97,160
2014 $2,402 $103,890 $12,130 $91,760
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Joseph Wright

    Lockard Realty Company

    (319) 240-5443

    1 in this area

    11 Total Sales

    Joseph Wright
    Section Image
  • Mike Taylor

    Seller Co-Listing Agent in 2021

    Mike Taylor

    Lockard Realty Company

    (319) 239-3659

    2 in this area

    143 Total Sales

    Mike Taylor
    Section Image
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20210002

Northeast Iowa Regional Board of REALTORS®

APN: 8913-35-227-014

Iowa Black Hawk County Waterloo 50702 Neighbors Helping Neighbors

1201-1203 Bertch Ave, Waterloo, IA

Not Listed for Sale

MultiFamily

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