NOT LISTED FOR SALE

122 Walnut St Cedar Falls, IA 50613

Estimated Value: $100,674 - $169,000

2 Beds
1 Bath
890 Sq Ft
$133/Sq Ft Est. Value

Last Sold May 06, 2022

Last sale price $78,500 $88 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $783/month

1 Day on Market

Highlights

  • Corner Lot
  • Forced Air Heating System
  • 4-minute walk to Overman Park
  • Holmes Junior High School Rated A-

About This Home

As of May 2022

So many options with this 1910 Cedar Falls property. Add it to your rental portfolio, flip it, or use as your primary residence. The main level of this home features a kitchen/dining combo, a full bath, living area and a non-conforming 3rd bedroom (no closet). The upper level is home to 2 additional bedrooms, one being a walk through. Located on a corner lot, walkable to downtown Cedar Falls, there is a lot to love here. Property being sold AS IS. Currently a Section 8 rental for $875 per month. Renter may like to stay but needs 60 day notice.

Last Agent to Sell the Property

Janice Hewitt

RE/MAX Concepts - Cedar Falls License #S6180800 Listed on: 03/04/2022

RE/MAX Concepts - Cedar Falls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,222

Year Built

  • Built in 1910

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 66.00 x 66.00
  • Corner Lot
  • Level Lot
  • Property is zoned R-2

Parking

  • No Garage

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 890 Sq Ft Home
  • Multi-Level Property
  • Fire and Smoke Detector
  • Free-Standing Range
  • Laundry on lower level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Stone Basement
  • Interior Basement Entry
  • Crawl Space

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Total Actual Rent $875
  • Assessor Parcel Number 891412154006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,222

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Parcel Number: 891412154006
  • Year Built: 1910
  • Property Sub-Type: Single Family Residence
  • ResoLaundryFeatures: Lower Level
  • ResoLotFeatures: Corner Lot, Level
  • Lot Size Acres: 0.1
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-232-7100
  • MLS Status: Closed
  • Architectural Style: Multi-Level
  • Reso Fireplace Features: None
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 890
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Free-Standing Range, Refrigerator
  • Basement: Crawl Space, Entrance-Inside, Stone/Rock, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • BelowGradeArea: 616

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Sidewalk

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: None
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

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: 66.00 X 66.00
  • Lot Size Sq Ft: 4356
  • Additional Parcels: No

Multi Family

  • Total Actual Rent: 875

Tax Info

  • Tax Annual Amount: 1221.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 18, 2024
Sold by
East Fourth Properties Inc
Bought by
Baugh John Earl and Baugh Sharon Jonene
Current Estimated Value
$118,669

Purchase Details

Listed on
Mar 4, 2022
Closed on
Apr 4, 2022
Sold by
Mckernan James M and Mckernan Pamela
Bought by
Anderson Casey W and Anderson Larry N
Seller's Agent
Janice Hewitt
RE/MAX Concepts - Cedar Falls
List Price
$79,900
Sold Price
$78,500
Premium/Discount to List
-$1,400
-1.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.50%
Original Mortgage
$25,000
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Baugh John Earl -- None Listed On Document
Baugh John Earl -- None Listed On Document
Anderson Casey W $78,500 Title Services Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Casey W $25,000
Previous Owner Mckernan James M $47,213
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/06/2022 05/06/22 Sold $78,500 -1.8% $88 / Sq Ft
03/05/2022 03/05/22 Pending -- -- --
03/04/2022 03/04/22 For Sale $79,900 -- $90 / 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 $1,449 $81,470 $22,110 $59,360
2023 $1,354 $81,470 $22,110 $59,360
2022 $1,370 $73,350 $22,110 $51,240
2021 $1,222 $73,350 $22,110 $51,240
2020 $1,198 $65,610 $14,370 $51,240
2019 $1,198 $65,610 $14,370 $51,240
2018 $1,212 $65,610 $14,370 $51,240
2017 $1,238 $65,610 $14,370 $51,240
2016 $1,160 $65,610 $14,370 $51,240
2015 $1,160 $65,610 $14,370 $51,240
2014 $1,092 $61,150 $14,370 $46,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20220816

Northeast Iowa Regional Board of REALTORS®

APN: 8914-12-154-006