$122,000
SOLD APR 15, 2025

1313 Wallgate Ave Waterloo, IA 50701

2 Beds
1 Bath
684 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$178 Per Sq Ft

6% Below List Price

34 Days on Market

Highlights

  • 1 Car Detached Garage
  • Patio
  • Fenced
  • Crown Molding
  • Forced Air Heating and Cooling System

About This Home

As of April 2025

MOTIVATED SELLER! Charming 2-Bedroom home in PRIME CENTRAL LOCATION!! WONDERFUL OPPORTUNITY FOR FIRST-TIME BUYER! This 2-bedroom, 1-bathroom home offers a cozy yet functional open-concept layout. Conveniently located right off University Ave and minutes from highway 218, it provides quick access to both Cedar Falls and Waterloo. The spacious full bathroom connects to the basement that offers ample storage and potential for adding more living space. Enjoy the amazing backyard with patio, perfect for summer barbeques and relaxing by the fire. A quaint and inviting property ready to welcome you home! LOVE THE WAY YOU LIVE!!!

Last Agent to Sell the Property

Deanna Wheeler, GRI, CNE, CRS

RE/MAX Concepts - Cedar Falls License #B28309000 Listed on: 01/14/2025

RE/MAX Concepts - Cedar Falls

Co-Listed By

Katelyn McCarthy

RE/MAX Concepts - Cedar Falls License #S68156000

Last Buyer's Agent

Bethany Benner

Oakridge Real Estate License #S67248

Oakridge Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,431

Year Built

  • Built in 1913

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 40 x 125
  • Fenced
  • Property is zoned R-2

Parking

  • 1 Car Detached Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 684 Sq Ft Home
  • Crown Molding
  • Unfinished Basement

Kitchen

  • Built-In Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Fred Becker Elementary School
  • Central Middle School
  • East High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 891327133001

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,431

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Parcel Number: 891327133001
  • Year Built: 1913
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.12
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Alley
  • Co List Office Mls Id: NBR92
  • Co List Office Phone: 319-266-7100
  • Co List Office Phone: 319-266-7100
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Interior Features: Crown Molding
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 684
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dryer, Microwave, Refrigerator, Washer, Gas Water Heater
  • Basement: Block, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • BelowGradeArea: 684

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Fenced Yard, Patio

Garage/Parking

  • Parking Features: 1 Stall, Detached Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Fred Becker Elementary
  • High School: East High
  • Middle Or Junior School: Central

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 40 x 125
  • Lot Size Sq Ft: 5000
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1431

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 29, 2016
Sold by
Perkins Lawrence and Parkins Teresa
Bought by
Forbes Ashley Kay
Total Days on Market
34
Current Estimated Value
$119,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Outstanding Balance
$24,831
Interest Rate
3.79%
Mortgage Type
Commercial
Estimated Equity
$93,561

Purchase Details

Closed on
Jun 10, 2011
Sold by
Prestige Llc
Bought by
Perkins Lawrence and Perkins Teresa

Purchase Details

Closed on
May 13, 2011
Sold by
Moore George E
Bought by
Prestige Llc and Mark Minard Investments Llc
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 Type Sale Price Title Company
Warranty Deed $53,000 None Available
Warranty Deed $30,000 None Available
Warranty Deed $20,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $55,000 Commercial
Closed $49,500 Commercial
Closed $55,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2025 04/15/25 Sold $122,000 -2.3% $178 / Sq Ft
02/17/2025 02/17/25 Pending -- -- --
02/04/2025 02/04/25 Price Changed $124,900 -3.8% $183 / Sq Ft
01/14/2025 01/14/25 For Sale $129,900 -- $190 / 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 $1,222 $71,600 $12,610 $58,990
2023 $1,060 $71,600 $12,610 $58,990
2022 $1,030 $57,170 $12,610 $44,560
2021 $990 $57,170 $12,610 $44,560
2020 $970 $52,320 $7,760 $44,560
2019 $970 $52,320 $7,760 $44,560
2018 $972 $52,320 $7,760 $44,560
2017 $1,000 $52,320 $7,760 $44,560
2016 $956 $52,070 $7,760 $44,310
2015 $956 $50,880 $7,760 $43,120
2014 $976 $50,880 $7,760 $43,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20250186

Northeast Iowa Regional Board of REALTORS®

APN: 8913-27-133-001