NOT LISTED FOR SALE

1405-1407 Columbus Dr Waterloo, IA 50702

Estimated Value: $169,000 - $240,000

4 Beds
2 Baths
792 Sq Ft
$270/Sq Ft Est. Value

Last Sold June 28, 2018

Last sale price $170,000 $215 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,511/month

10 Days on Market

Highlights

  • Patio
  • Forced Air Heating and Cooling System
  • Garage
  • 1-Story Property
  • Ceiling Fan
  • Wood Siding

About This Home

As of June 2018

Conveniently located ranch duplex on Columbus Drive in Waterloo that is not far from Columbus High schools and Covenant Hospital where each single stall attached garage is in the middle which is a landlords dream duplex to own. This duplex has 2 bedrooms and 1 bath each. Real hardwood flooring in most rooms and possibly under some of the carpets. Open kitchen, diningroom, livingroom floor plan perfect for entertaining in. Full unfinished basement great for storage or other living uses. New steel roof was done in 2015, one a/c unit was done is 2003 and the other in 2012. Rents on each side are $650.00 each and landlord pays the water, sewer, garbage and the tenants pays the electric and gas. Breakers for electrical service. Rear patio area. All on a corner lot, close to parks, shopping and more. 24 hour notice needed for tenants for showings.

Last Agent to Sell the Property

Sandy Stuber,ABR

RE/MAX Concepts - Cedar Falls License #B40717 Listed on: 05/07/2018

RE/MAX Concepts - Cedar Falls

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,430

Year Built

  • Built in 1965

Lot Details

  • 9,400 Sq Ft Lot
  • Lot Dimensions are 80x115x120

Home Design

  • Duplex
  • Concrete Foundation
  • Block Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Laundry on lower level

Parking

  • Garage
  • 4 Open Parking Spaces
  • On-Street Parking
  • Off-Site Parking

Outdoor Features

  • Patio

Schools

  • Lou Henry Elementary School
  • Hoover Intermediate
  • West High School

Utilities

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

Community Details

  • 2 Units
  • Water Sewer Expense $150

Listing and Financial Details

  • Tenant pays for electricity, gas, lawn care, snow removal
  • Assessor Parcel Number 881303277044

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,430

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Parcel Number: 881303277044
  • Year Built: 1965
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.216
  • Road Frontage Type: Hard Surface Road
  • Co List Office Phone: 319-266-7100
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 792
  • Architectural Style: One Story
  • Reso Roof: Metal
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Concrete
  • Below Grade Sq Ft: 792

Exterior Features

  • Construction Type: Wood Siding
  • Exterior Features: Patio
  • Siding: Masonite

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: Attached, Garage, Off Site, Street Parking

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Separate Meters, Water - Multiple Meters
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 150

Schools

  • Elementary School: Lou Henry
  • High School: West High
  • Middle Or Junior School: Hoover Intermediate

Lot Info

  • Zoning: R-3
  • Lot Dimensions: 80x115x120
  • Lot Size Sq Ft: 9400

Rental Info

  • Tenant Pays: Electricity, Gas, Lawn Care, Snow Removal
  • Lease Term: Over 9 Months

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3430

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2018
Closed on
Jun 28, 2018
Sold by
Lindley Kenneth D and Lindley Angela J
Bought by
Bse Property Management
Seller's Agent
Sandy Stuber,ABR
RE/MAX Concepts - Cedar Falls
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%
Current Estimated Value
$213,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,834
Avg. Annual Appreciation
3.21%
Original Mortgage
$136,000
Outstanding Balance
$117,864
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving
Estimated Equity
$95,970
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bse Property Management $170,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bse Property Management $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2018 06/28/18 Sold $170,000 0.0% $215 / Sq Ft
05/18/2018 05/18/18 Off Market $170,000 -- --
05/07/2018 05/07/18 For Sale $179,900 -- $227 / 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 $4,526 $208,660 $26,760 $181,900
2023 $3,530 $208,660 $26,760 $181,900
2022 $3,436 $160,750 $26,760 $133,990
2021 $3,360 $160,750 $26,760 $133,990
2020 $3,304 $148,310 $21,020 $127,290
2019 $3,304 $148,310 $21,020 $127,290
2018 $3,306 $148,310 $21,020 $127,290
2017 $3,430 $148,310 $21,020 $127,290
2016 $3,388 $149,320 $21,020 $128,300
2015 $3,388 $149,320 $21,020 $128,300
2014 $3,296 $142,560 $21,020 $121,540
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20182393

Northeast Iowa Regional Board of REALTORS®

APN: 8813-03-277-044