$78,000
SOLD NOV 9, 2021

1524 W 5th St Unit 1524 1/2 Waterloo, IA 50702

Church Row Neighborhood
-- Bed
-- Bath
981 Sq Ft
4,240 Sq Ft Lot

Recently Sold

$80 Per Sq Ft

8% Below List Price

1 Day on Market

About This Home

As of April 2024

A rare opportunity to own a duplex in a prime location in Waterloo. This house boasts many updates including newer roof on house and garage. Both units have 2 bedrooms, 1 bath, living room, kitchen, dining room and separate entrances. Off street parking and detached double garage in the rear. Could easily be converted to single family residence. Close to schools, shopping and easy access to major highways.

Last Listed By

Kara Bartels

RE/MAX Alliance License #B44491000 Listed on: 09/28/2021

RE/MAX Alliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,718

Year Built

  • Built in 1915

Lot Details

  • 4,240 Sq Ft Lot
  • Lot Dimensions are 40x106

Home Design

  • 981 Sq Ft Home
  • Duplex
  • Asphalt Roof
  • Vinyl Siding

Parking

  • Garage
  • 2 Open Parking Spaces

Schools

  • Irving Elementary School
  • Central Middle School
  • West High School

Additional Features

  • Laundry on lower level
  • Central Air
  • Partially Finished Basement

Community Details

  • 2 Units
  • Water Sewer Expense $82

Listing and Financial Details

  • Assessor Parcel Number 891326358014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,718

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Parcel Number: 891326358014
  • Year Built: 1915
  • Property Sub-Type: Duplex
  • ResoLaundryFeatures: Lower Level
  • Co List Office Phone: 319-984-5600
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 981
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished

Exterior Features

  • Construction Type: Vinyl Siding
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 2
  • Parking Features: Detached, Garage

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 82

Schools

  • Elementary School: Irving Elementary
  • High School: West High
  • Middle Or Junior School: Central

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 40x106
  • Lot Size Sq Ft: 4240

Rental Info

  • Tenant Pays: None
  • Lease Term: Other

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1718

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2024
Closed on
Apr 15, 2024
Sold by
Meyers Ryan Carl and Spilman Macey Kay
Bought by
Rising Real Estate
Seller's Agent
Kara Bartels
RE/MAX Alliance
List Price
$124,900
Sold Price
$117,500
Premium/Discount to List
-$7,400
-5.92%
Total Days on Market
1
Views
9
Current Estimated Value
$114,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,788
Avg. Annual Appreciation
-2.10%

Purchase Details

Closed on
Feb 3, 2023
Sold by
Winters Robert M
Bought by
Meyers Ryan C and Spilman Macey K

Purchase Details

Listed on
Sep 28, 2021
Closed on
Nov 9, 2021
Sold by
Ristau Arlyn E and Ristau Karen M
Bought by
Meyers Ryan Carl and Spilman Macey Kay
Seller's Agent
Kara Bartels
RE/MAX Alliance
List Price
$84,900
Sold Price
$78,000
Premium/Discount to List
-$6,900
-8.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%
Original Mortgage
$0
Interest Rate
3.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2005
Sold by
Toromanovic Salih and Toromanovic Zehira
Bought by
Ristau Arlyn E and Ristau Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.69%
Mortgage Type
New Conventional
Source: Public Records

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    Abigail Matamoros Berkshire Hathaway Home Services One Realty Centre

    Section Image

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 $117,500 None Listed On Document
Fiduciary Deed $161,000 --
Warranty Deed $78,000 None Available
Warranty Deed -- None Listed On Document
Joint Tenancy Deed $102,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $0 New Conventional
Previous Owner $62,400 Purchase Money Mortgage
Previous Owner $80,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2024 04/15/24 Sold $117,500 -5.9% $120 / Sq Ft
03/17/2024 03/17/24 Pending -- -- --
03/13/2024 03/13/24 For Sale $124,900 +60.1% $127 / Sq Ft
11/09/2021 11/09/21 Sold $78,000 -8.1% $80 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/28/2021 09/28/21 For Sale $84,900 -- $87 / 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 $2,070 $103,570 $8,100 $95,470
2023 $1,816 $103,570 $8,100 $95,470
2022 $1,762 $82,670 $8,100 $74,570
2021 $1,746 $82,400 $8,100 $74,300
2020 $1,718 $77,090 $8,100 $68,990
2019 $1,718 $77,090 $8,100 $68,990
2018 $1,718 $77,090 $8,100 $68,990
2017 $1,774 $77,090 $8,100 $68,990
2016 $1,754 $77,280 $8,100 $69,180
2015 $1,754 $77,280 $8,100 $69,180
2014 $1,664 $71,960 $8,100 $63,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20214700

Northeast Iowa Regional Board of REALTORS®

APN: 8913-26-358-014