NOT LISTED FOR SALE

1223 South St Unit 1225 Waterloo, IA 50702

Does Neighborhood

Estimated Value: $91,000 - $117,000

5 Beds
3 Baths
1,448 Sq Ft
$70/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $99,500 $69 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $739/month

128 Days on Market

About This Home

As of January 2023

3-plex investment opportunity in Waterloo. Property is fully rented with gross rents totaling $1510 per month. Landlord is responsible for water, sewer & trash. Tenant pays electric and gas. Great income producing property!

Last Listed By

Chris Fischels

Fischels Commercial Group License #B44779000 Listed on: 06/20/2022

Fischels Commercial Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,805

Year Built

  • Built in 1906

Lot Details

  • 7,700 Sq Ft Lot
  • Lot Dimensions are 55x140

Home Design

  • Triplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Covered patio or porch

Schools

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

Community Details

  • 3 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 891325307019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,805

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Parcel Number: 891325307019
  • Year Built: 1906
  • Property Sub-Type: Triplex
  • ResoLaundryFeatures: None
  • Co List Office Mls Id: NBR163
  • Co List Office Phone: 319-234-5000
  • Co List Office Phone: 319-234-5000
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1448
  • Architectural Style: Two Story
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Below Grade Sq Ft: 1448

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Porch-Covered
  • Siding: Vinyl

Garage/Parking

  • Parking Features: None, Street Parking

Utilities

  • Cooling: None
  • Sewer: City Sewer
  • Utilities: Elec Individual Meters, Garbage in Rent, Gas Individual Meters, Water in Rent
  • Water Source: City

Schools

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

Lot Info

  • Zoning: R-4
  • Lot Dimensions: 55x140
  • Lot Size Sq Ft: 7700

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Term: Month To Month

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1805

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

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $99,500 -9.5% $69 / Sq Ft
10/26/2022 10/26/22 Pending -- -- --
09/07/2022 09/07/22 Price Changed $109,900 -9.9% $76 / Sq Ft
06/20/2022 06/20/22 For Sale $122,000 -- $84 / 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 $2,034 $101,780 $12,380 $89,400
2023 $1,462 $101,780 $12,380 $89,400
2022 $1,678 $66,610 $8,250 $58,360
2021 $1,806 $66,610 $8,250 $58,360
2020 $1,920 $66,610 $8,250 $58,360
2019 $1,920 $58,360 $0 $58,360
2018 $2,102 $58,360 $0 $58,360
2017 $2,102 $58,360 $0 $58,360
2016 $2,344 $58,360 $0 $58,360
2015 $2,344 $58,360 $0 $58,360
2014 $2,488 $66,610 $8,250 $58,360
Source: Public Records

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Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20222797

Northeast Iowa Regional Board of REALTORS®

APN: 8913-25-307-019