NOT LISTED FOR SALE

1201-1203 Bertch Ave Waterloo, IA 50702

Neighbors Helping Neighbors Neighborhood

Estimated Value: $171,637 - $178,000

4 Beds
2 Baths
1,520 Sq Ft
$115/Sq Ft Est. Value

Last Sold February 11, 2021

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

Est. 22% increase in value since last sale

Current estimated payment $1,154/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
$164,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,250
Avg. Annual Appreciation
5.54%
Original Mortgage
$107,920
Outstanding Balance
$95,222
Interest Rate
2.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$76,725

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
5.86%
Mortgage Type
Unknown
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 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
Previous Owner Majetic Nuraga $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $3,066 $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

    12 Total Sales

    Section Image
  • Mike Taylor

    Seller Co-Listing Agent in 2021

    Mike Taylor

    Lockard Realty Company

    (319) 239-3659

    2 in this area

    140 Total Sales

    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

This home is located at 1201-1203 Bertch Ave, Waterloo, IA 50702 since 30 December 2020 and is currently estimated at $175,409, approximately $115 per square foot. This property was built in 1947. 1201-1203 Bertch Ave is a home located in Black Hawk County with nearby schools including Lowell Elementary School, Bunger Middle School, and West 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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