NOT LISTED FOR SALE

1328 Delta Dr Unit 1330 Cedar Falls, IA 50613

Estimated Value: $184,153 - $320,000

4 Beds
2 Baths
1,008 Sq Ft
$248/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $260,000 $258 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,581/month

5 Days on Market

About This Home

As of June 2021

There is a 4th non-conforming bedroom possible in lower walk out level. There is a large storage shed in rear yard for tenants use. Lots of off street parking on separate driveways. Possible garage stalls could be added for additional income. The units are probably "under-rented" for the current market. Walk or bicycle to UNI. Quick 4-lane access to the metropolitan area. Buyer could live in one side and rent the other for "affordable living"!

Last Agent to Sell the Property

Steve Conrad

Lockard Realty Company License #S6205200 Listed on: 04/10/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,945

Year Built

  • Built in 1969

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 83x155

Home Design

  • Duplex
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof
  • Masonite

Laundry

  • Laundry on lower level

Partially Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry

Parking

  • 8 Open Parking Spaces
  • No Garage
  • Over 1 Space Per Unit
  • Parking Available

Schools

  • Hansen Elementary School
  • Holmes Junior High
  • Cedar Falls High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, lawn care, snow removal, water
  • Assessor Parcel Number 891414128008

Community Details

Overview

  • 2 Units
  • Clark Addition Subdivision

Building Details

  • Gross Income $1,800
  • Net Operating Income $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,945

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Parcel Number: 891414128008
  • Year Built: 1969
  • Property Sub-Type: Duplex
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.295
  • Road Frontage Type: Hard Surface Road, Paved Road
  • Co List Office Phone: 319-277-8000
  • MLS Status: Closed
  • Subdivision Name: Clark Addition
  • Above Grade Finished Sq Ft: 1008
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Entrance-Inside, Entrance-Outside, Floor Drain, Partially Finished, Slab, Walk-Out Access
  • Below Grade Sq Ft: 1008

Exterior Features

  • Construction Type: Masonite
  • Siding: Frame/Masonry

Garage/Parking

  • Open Parking Spaces: 8
  • Parking Features: None, Over 1 Space, Parking Area

Utilities

  • Cooling: Central Air, Electric
  • Heating: Gas
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Gas Individual Meters
  • Water Source: City

Schools

  • Elementary School: Hansen
  • High School: Cedar Falls High
  • Middle Or Junior School: Holmes Junior High

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 83x155
  • Lot Size Sq Ft: 12865
  • Additional Parcels: No

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas, Heat, Lawn Care, Snow Removal, Water
  • Lease Term: 6 Months or Less

Multi Family

  • Gross Income: 1800
  • Number Of Units Total: 2
  • Net Operating Income: 1800

Tax Info

  • Tax Annual Amount: 2945.17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 20, 2022
Sold by
Schwarz Timothy K and Schwarz Erica K
Bought by
Top Shelf Properties Llc
Total Days on Market
5
Current Estimated Value
$250,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,000
Outstanding Balance
$206,549
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$37,485

Purchase Details

Listed on
Apr 10, 2021
Closed on
Jun 15, 2021
Sold by
Parrish Wallace D and Parrish Barbara J
Bought by
Schwarz Timothy
Seller's Agent
Steve Conrad
Lockard Realty Company
List Price
$249,900
Sold Price
$260,000
Premium/Discount to List
$10,100
4.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.56%
Original Mortgage
$327,500
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Schwarz Timothy $260,000 Title Services Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Top Shelf Properties Llc $215,000
Open Schwarz Timothy $327,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $260,000 +4.0% $258 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
04/10/2021 04/10/21 For Sale $249,900 -- $248 / 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 $3,048 $194,960 $38,470 $156,490
2023 $3,416 $194,960 $38,470 $156,490
2022 $3,444 $185,040 $38,470 $146,570
2021 $3,232 $184,300 $38,470 $145,830
2020 $3,168 $173,610 $27,780 $145,830
2019 $3,168 $173,610 $27,780 $145,830
2018 $2,938 $159,030 $27,780 $131,250
2017 $3,002 $159,030 $27,780 $131,250
2016 $2,810 $159,030 $27,780 $131,250
2015 $2,810 $159,030 $27,780 $131,250
2014 $2,730 $152,780 $27,780 $125,000
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Steve Conrad

    Lockard Realty Company

    (319) 415-4345

    13 Total Sales

    Steve Conrad
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20211398

Northeast Iowa Regional Board of REALTORS®

APN: 8914-14-128-008

Iowa Black Hawk County Cedar Falls 50613

1328 Delta Dr Unit 1330, Cedar Falls, IA

This home is located at 1328 Delta Dr Unit 1330, Cedar Falls, IA 50613 since 10 April 2021 and is currently estimated at $250,038, approximately $248 per square foot. This property was built in 1969. 1328 Delta Dr Unit 1330 is a home located in Black Hawk County with nearby schools including Lincoln Elementary School, Holmes Junior High School, and Cedar Falls High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northeast Iowa Regional Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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