NOT LISTED FOR SALE

1201 Kaplan Dr Unit 1203 Waterloo, IA 50702

Hurst Neighborhood

Estimated Value: $204,000 - $250,470

2 Beds
2 Baths
1,101 Sq Ft
$205/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $200,000 $182 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,562/month

67 Days on Market

Highlights

  • Deck
  • Central Air
  • Garage

About This Home

As of November 2023

Location, Location, Location. Opportunity awaits! Come check out this fantastic investment property on Kaplan Drive. It is located in a residential area, blocks from shopping, restaurants. This is a duplex with a two-bedroom/one-bath on each unit. There are both leased. The property is clean and well-maintained. Some updates: including the new siding, gutter, roof and Central Air (to be install) Contact your agent today for a private showing!

Last Agent to Sell the Property

Romeo Djoumessi

RE/MAX Concepts - Waverly License #S66160000 Listed on: 07/19/2023

RE/MAX Concepts - Waverly

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,610

Year Built

  • Built in 1977

Lot Details

  • 9,240 Sq Ft Lot
  • Lot Dimensions are 77x120

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Parking

  • Garage
  • Parking Available
  • Parking Garage Space

Schools

  • Kittrell Elementary School
  • Hoover Intermediate
  • West High School

Additional Features

  • Laundry on lower level
  • Deck
  • 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 881302152017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,610

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Parcel Number: 881302152017
  • Year Built: 1977
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: 1st Floor, Lower Level
  • Lot Size Acres: 0.21
  • Co List Office Phone: 319-352-4146
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1101
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Below Grade Sq Ft: 1101

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Deck
  • Siding: Vinyl

Garage/Parking

  • Parking Features: Attached, Garage, Parking Garage, Parking Space

Utilities

  • Cooling: Central Air
  • Sewer: City Sewer
  • Utilities: Separate Meters
  • Water Source: City

Schools

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

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 77x120
  • Lot Size Sq Ft: 9240

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: 3610

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2023
Closed on
Nov 3, 2023
Sold by
Nunez Joshua S and Nunez Jennifer G
Bought by
Marin Jose Rafael Delga
Seller's Agent
Romeo Djoumessi
RE/MAX Concepts - Waverly
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Views
121
Current Estimated Value
$218,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,584
Avg. Annual Appreciation
5.71%
Original Mortgage
$110,000
Outstanding Balance
$106,610
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$119,258

Purchase Details

Listed on
Jul 19, 2023
Closed on
Nov 2, 2023
Sold by
Kane James F
Bought by
Next Gig Llc
Seller's Agent
Romeo Djoumessi
RE/MAX Concepts - Waverly
List Price
$250,000
Sold Price
$200,000
Premium/Discount to List
-$50,000
-20%
Views
121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Outstanding Balance
$106,610
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$119,258

Purchase Details

Closed on
Apr 4, 2011
Sold by
Mausser Margret I and Mausser Gary
Bought by
Nunez Joshua S and Nunez Jennifer G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,375
Interest Rate
4.99%
Mortgage Type
New Conventional
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
Marin Jose Rafael Delga $200,000 Title Services Corporation
Next Gig Llc $250,000 None Listed On Document
Nunez Joshua S $144,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Marin Jose Rafael Delga $110,000
Previous Owner Nunez Joshua S $108,375
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/06/2023 11/06/23 Sold $200,000 -11.1% $182 / Sq Ft
09/24/2023 09/24/23 Pending -- -- --
08/10/2023 08/10/23 Price Changed $225,000 -10.0% $204 / Sq Ft
07/19/2023 07/19/23 For Sale $250,000 -- $227 / 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
2025 $5,026 $237,330 $25,600 $211,730
2024 $5,026 $231,710 $25,600 $206,110
2023 $3,708 $231,710 $25,600 $206,110
2022 $3,610 $168,870 $25,600 $143,270
2021 $3,402 $168,870 $25,600 $143,270
2020 $3,348 $150,240 $20,120 $130,120
2019 $3,348 $150,240 $20,120 $130,120
2018 $3,443 $150,240 $20,120 $130,120
2017 $3,450 $150,240 $20,120 $130,120
2016 $3,408 $150,240 $20,120 $130,120
2015 $3,408 $150,240 $20,120 $130,120
2014 $3,474 $150,240 $20,120 $130,120
Source: Public Records

Agents Affiliated with this Home

  • Romeo Djoumessi

    Seller's Agent in 2023

    Romeo Djoumessi

    RE/MAX

    (319) 483-8238

    1 in this area

    148 Total Sales

    Romeo Djoumessi
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20232974

Northeast Iowa Regional Board of REALTORS®

APN: 8813-02-152-017

Iowa Black Hawk County Waterloo 50702 Hurst

1201 Kaplan Dr Unit 1203, Waterloo, IA

Not Listed for Sale

MultiFamily

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