NOT LISTED FOR SALE

1504 Kimball Ave Unit 1506 Waterloo, IA 50702

Estimated Value: $196,000 - $236,767

5 Beds
3 Baths
1,706 Sq Ft
$126/Sq Ft Est. Value

Last Sold May 25, 2023

Last sale price $195,000 $114 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,518/month

14 Days on Market

Highlights

  • Central Air
  • Garage
  • 4-minute walk to Miller Park

About This Home

As of May 2023

Location, Location, Location. Opportunity awaits! Come check out this fantastic investment property on Kimball Avenue. It is located in a residential area, blocks from shopping, restaurants, and MercyOne Medical Center. This is a duplex with a two-bedroom/one-bath and a three-bedroom/two-bath unit. There are both leased. The property is clean and well-maintained. Contact your agent today for a private showing!

Last Agent to Sell the Property

Romeo Djoumessi

RE/MAX Concepts - Waverly License #S66160000 Listed on: 04/24/2023

RE/MAX Concepts - Waverly

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,832

Year Built

  • Built in 1958

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 100x90

Parking

  • Garage

Home Design

  • Duplex
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Interior Basement Entry
  • Laundry on main level

Schools

  • Orange Elementary School
  • Hoover Intermediate
  • West High School

Utilities

  • Central Air

Community Details

  • 2 Units
  • Water Sewer Expense $120

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, lawn care, snow removal, trash collection, water
  • Assessor Parcel Number 891334427008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,832

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Parcel Number: 891334427008
  • Year Built: 1958
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: 1st Floor
  • Lot Size Acres: 0.21
  • Co List Office Mls Id: NBR41
  • Co List Office Phone: 319-352-4146
  • Co List Office Phone: 319-352-4146
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1706
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Entrance-Inside
  • Below Grade Sq Ft: 1706

Exterior Features

  • Construction Type: Aluminum Siding
  • Siding: Aluminum

Garage/Parking

  • Parking Features: Garage, Detached

Utilities

  • Cooling: Central Air
  • Sewer: City Sewer
  • Utilities: Elec Individual Meters, Gas Individual Meters, Water Prorated
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 120.16

Schools

  • Elementary School: Orange Elementary
  • High School: West High
  • Middle Or Junior School: Hoover Intermediate

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 100x90
  • Lot Size Sq Ft: 9000

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas, Heat, Lawn Care, Snow Removal, Trash Collection, Water
  • Lease Term: 9 Months or Less

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3832

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
May 25, 2023
Sold by
Hn Properties Llc
Bought by
Flips Universal Llc
Seller's Agent
Romeo Djoumessi
RE/MAX Concepts - Waverly
List Price
$215,000
Sold Price
$195,000
Premium/Discount to List
-$20,000
-9.3%
Views
65
Current Estimated Value
$214,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,192
Avg. Annual Appreciation
1.39%

Purchase Details

Closed on
Nov 2, 2009
Sold by
Smith David B and Smith Gloria J
Bought by
Smith David B and Smith Gloria J

Purchase Details

Closed on
Jun 1, 2006
Sold by
Robinson Cathryn A and Robinson Paul A
Bought by
Smith David B and Smith Gloria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,325
Interest Rate
6.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Flips Universal Llc $195,000 Title Services
Smith David B -- None Available
Smith David B $135,500 Black Hawk County Abstract C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith David B $101,325
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $195,000 -9.3% $114 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
04/24/2023 04/24/23 For Sale $215,000 -- $126 / 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 $4,586 $211,370 $33,200 $178,170
2023 $3,936 $200,650 $33,200 $167,450
2022 $3,832 $179,230 $33,200 $146,030
2021 $3,660 $179,230 $33,200 $146,030
2020 $3,600 $161,560 $22,830 $138,730
2019 $3,600 $161,560 $22,830 $138,730
2018 $3,602 $161,560 $22,830 $138,730
2017 $3,710 $161,560 $22,830 $138,730
2016 $3,666 $161,560 $22,830 $138,730
2015 $3,666 $161,560 $22,830 $138,730
2014 $3,566 $154,250 $22,830 $131,420
Source: Public Records

Agents Affiliated with this Home

  • Romeo Djoumessi

    Seller's Agent in 2023

    Romeo Djoumessi

    RE/MAX

    (319) 483-8238

    148 Total Sales

    Romeo Djoumessi
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20231494

Northeast Iowa Regional Board of REALTORS®

APN: 8913-34-427-008

Iowa Black Hawk County Waterloo 50701

1504 Kimball Ave Unit 1506, Waterloo, IA

This home is located at 1504 Kimball Ave Unit 1506, Waterloo, IA 50702 since 24 April 2023 and is currently estimated at $214,192, approximately $125 per square foot. This property was built in 1958. 1504 Kimball Ave Unit 1506 is a home located in Black Hawk County with nearby schools including Kingsley Elementary School, Hoover Middle School, and West 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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