NOT LISTED FOR SALE

1240 Ackermant St Waterloo, IA 50703

Common Grounds Neighborhood

Estimated Value: $44,000 - $73,000

2 Beds
1 Bath
528 Sq Ft
$118/Sq Ft Est. Value

Last Sold May 27, 2022

Last sale price $31,400 $59 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $404/month

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Ceiling Fan

About This Home

As of May 2022

Great property for you to start building your equity and stop paying rent. Also, could be a great house for those looking to downsize and still want a lot of garage space and a large yard. 2 parcels are almost 1/3 of an acre. There is work to do, but it could be yours to re-imagine. Property is being sold in "AS IS" condition.

Last Agent to Sell the Property

Tom Herzmann

Oakridge Real Estate License #S6216400 Listed on: 05/14/2022

Oakridge Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $768

Year Built

  • Built in 1917

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100 x 130
  • Property is zoned R-2

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 528 Sq Ft Home
  • Ceiling Fan
  • Fire and Smoke Detector
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Workshop in Garage

Schools

  • Lincoln Elementary Waterloo
  • George Washington Carver Academy Middle School
  • East High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 891314403023

Home Details

Home Type

Single Family

Est. Annual Taxes

$768

Year Built

Built in 1917

Lot Details

0

Listing Details

  • Parcel Number: 891314403023
  • Year Built: 1917
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • Lot Size Acres: 0.298
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Mixed
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan(s), Ceiling Fan/Light
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 528
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Gas Water Heater
  • Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • BelowGradeArea: 528

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Sidewalk

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage, Wired, Workshop in Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Lincoln Elementary Waterloo
  • High School: East High
  • Middle Or Junior School: George Washington Carver Academy

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 100 X 130
  • Lot Size Sq Ft: 13000
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 768

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2022
Closed on
May 27, 2022
Sold by
Phelps Michael W and Phelps Jennifer
Bought by
Adams Tom
Seller's Agent
Tom Herzmann
Oakridge Real Estate
List Price
$31,400
Sold Price
$31,400
Current Estimated Value
$62,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,697
Avg. Annual Appreciation
21.05%

Purchase Details

Closed on
Sep 10, 2007
Sold by
Risse Steven D and Risse Nancy J
Bought by
Phelps Michael W and Phelps Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,320
Interest Rate
6.72%
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
Adams Tom $31,500 None Listed On Document
Phelps Michael W $48,000 Black Hawk County Abstract &
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phelps Michael W $38,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2022 05/27/22 Sold $31,400 0.0% $59 / Sq Ft
05/14/2022 05/14/22 Pending -- -- --
05/14/2022 05/14/22 For Sale $31,400 -- $59 / 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 $928 $49,010 $6,370 $42,640
2024 $928 $42,780 $6,370 $36,410
2023 $1,216 $42,780 $6,370 $36,410
2022 $730 $34,140 $6,370 $27,770
2021 $768 $34,140 $6,370 $27,770
2020 $726 $32,590 $6,130 $26,460
2019 $726 $32,590 $6,130 $26,460
2018 $726 $32,590 $6,130 $26,460
2017 $876 $32,590 $6,130 $26,460
2016 $740 $32,590 $6,130 $26,460
2015 $740 $32,590 $6,130 $26,460
2014 $810 $34,990 $6,130 $28,860
Source: Public Records

Agents Affiliated with this Home

  • Tom Herzmann

    Seller's Agent in 2022

    Tom Herzmann

    Oakridge Real Estate

    (319) 961-0452

    1 in this area

    56 Total Sales

    Tom Herzmann
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20222062

Northeast Iowa Regional Board of REALTORS®

APN: 8913-14-403-023

Iowa Black Hawk County Waterloo 50703 Common Grounds

1240 Ackermant St, Waterloo, IA

Not Listed for Sale

Detached

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