NOT LISTED FOR SALE

1321 W 12th St Cedar Falls, IA 50613

Estimated Value: $193,000 - $226,000

3 Beds
1 Bath
1,568 Sq Ft
$132/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $73,500 $47 Per Sq Ft

Est. 181% increase in value since last sale

Current estimated payment $1,393/month

16 Days on Market

Highlights

  • 2 Car Detached Garage
  • Porch
  • Ceiling Fan
  • Holmes Junior High School Rated A-
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of May 2022

This home is ready to fix up and flip, rent after rehab or remodel to be your new home. Perfect location right next to Cedar Falls High School on 12th Street. This home needs a TON of work and is priced way below assessed value due to needed repairs. Hail resistant roof, furnace and A/C all new in 2012. Being sold AS-IS.

Last Listed By

Jennifer Bainbridge

RE/MAX Concepts - Waterloo License #S63375000 Listed on: 03/25/2022

RE/MAX Concepts - Waterloo

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1910

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75 x 149

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,568 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Partially Finished Basement

  • Stone Basement
  • Interior Basement Entry

Outdoor Features

  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 891411452014

Home Details

Home Type

Single Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Parcel Number: 891411452014
  • Year Built: 1910
  • Property Sub-Type: Single Family Residence
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.26
  • Road Frontage Type: Shared Drive
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-266-7100
  • MLS Status: Closed
  • Reso Fireplace Features: One, Living Room
  • Reso Roof: Shingle
  • TotalFinishedSquareFootage: 1568
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Dryer, Disposal, Free-Standing Range, Refrigerator, Washer, Gas Water Heater
  • Basement: Entrance-Inside, Stone/Rock, Partially Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • BelowGradeArea: 392

Exterior Features

  • Construction Type: Wood Siding
  • Exterior Features: Porch

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • 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-1
  • Lot Dimensions: 75 x 149
  • Lot Size Sq Ft: 11175
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2535.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2024
Sold by
Fji-I-Holdings Llc
Bought by
Fji-I-Sd1 Holdings Llc
Total Days on Market
16
Current Estimated Value
$206,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,076,000
Outstanding Balance
$1,066,733
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
-$862,916

Purchase Details

Closed on
Dec 28, 2022
Sold by
Fortressjoy Investments Llc
Bought by
Fji-I Holdings Llc

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 13, 2022
Sold by
Howland Catherine M
Bought by
Fortressjoy Investments Llc
Seller's Agent
Jennifer Bainbridge
RE/MAX Concepts - Waterloo
List Price
$125,000
Sold Price
$73,500
Premium/Discount to List
-$51,500
-41.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.11%
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
Fji-I-Sd1 Holdings Llc -- Title Services
Fji-I Holdings Llc $1,000 --
Fortressjoy Investments Llc $73,500 Title Services Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fji-I-Sd1 Holdings Llc $1,076,000
Previous Owner Howland Catherine M $85,500
Previous Owner Howland Bradford R $43,133
Previous Owner Howland Bradford R $26,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $73,500 -26.1% $47 / Sq Ft
04/10/2022 04/10/22 Pending -- -- --
04/07/2022 04/07/22 Price Changed $99,500 -20.4% $63 / Sq Ft
03/30/2022 03/30/22 For Sale $125,000 0.0% $80 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $125,000 -- $80 / 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 $2,895 $184,230 $34,430 $149,800
2023 $2,690 $173,540 $34,430 $139,110
2022 $2,724 $145,750 $34,430 $111,320
2021 $2,536 $145,750 $34,430 $111,320
2020 $2,486 $136,180 $24,860 $111,320
2019 $2,486 $136,180 $24,860 $111,320
2018 $2,294 $136,180 $24,860 $111,320
2017 $2,294 $136,180 $24,860 $111,320
2016 $2,194 $136,180 $24,860 $111,320
2015 $2,194 $136,180 $24,860 $111,320
2014 $2,128 $131,120 $24,860 $106,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20221108

Northeast Iowa Regional Board of REALTORS®

APN: 8914-11-452-014