Seller's Agent in 2021
Douglas Bonwell, ABR,CRS
RE/MAX
(319) 269-6765
26 in this area
44 Total Sales
1616 Olive St Cedar Falls, IA 50613
Estimated Value: $142,000 - $173,000
3
Beds
1
Bath
1,060
Sq Ft
$149/Sq Ft
Est. Value
Highlights
- RV or Boat Parking
- Deck
- Laundry Room
- Holmes Junior High School Rated A-
- 2 Car Detached Garage
- Forced Air Heating and Cooling System
About This Home
As of November 2021Cute and Cozy! This is an excellent opportunity to get into a well cared for Cedar Falls home that's value priced under $140k. New siding, flooring, windows, plumbing, bathroom and kitchen remodels. Big bay window off the living room plus an enclosed front porch to give you room to sit back and relax. The oversized garage is an added bonus. So if you're looking for a new home, possible rental, or just want a refreshing change give this quaint home a look. Centrally located off 18th Street between downtown and the UNI campus.
Last Agent to Sell the Property
RE/MAX Concepts - Cedar Falls License #S40373000 Listed on: 09/17/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,943
Year Built
- Built in 1925
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 66x132
- Property is zoned R-2
Home Design
- 1,060 Sq Ft Home
- Concrete Foundation
- Shingle Roof
- Asphalt Roof
- Vinyl Siding
- Radon Mitigation System
Kitchen
- Free-Standing Range
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry on lower level
- Washer
Parking
- 2 Car Detached Garage
- Garage Door Opener
- RV or Boat Parking
Outdoor Features
- Deck
Schools
- Lincoln Elementary Cf
- Peet Junior High
- Cedar Falls High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Partially Finished Basement
Community Details
- Highland Addition Subdivision
Listing and Financial Details
- Assessor Parcel Number 891413152007
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 17, 2021
Closed on
Nov 1, 2021
Sold by
Simmons Hali Marie
Bought by
Lopez Luis E and Lopez Dawn Marie
Seller's Agent
Douglas Bonwell, ABR,CRS
RE/MAX Concepts - Cedar Falls
List Price
$139,900
Sold Price
$132,000
Premium/Discount to List
-$7,900
-5.65%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,931
Avg. Annual Appreciation
4.54%
Original Mortgage
$105,600
Outstanding Balance
$97,641
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$59,371
Purchase Details
Closed on
Aug 17, 2018
Sold by
Morris Rentals Llc
Bought by
Simmons Hali
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,550
Interest Rate
4.53%
Purchase Details
Closed on
Sep 26, 2016
Sold by
Morris Gregory D and Morris Mary K
Bought by
Morris Rentals Llc
Purchase Details
Closed on
Jul 9, 2008
Sold by
Flanscha Michael W and Morris Mary K
Bought by
Morris Gregory D and Morris Mary K
Purchase Details
Closed on
May 9, 2008
Sold by
Flanscha Jacob M and Flanscha Jaime M
Bought by
Flanscha Michael W and Flanscha Karan L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.88%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lopez Luis E | $132,000 | Title Services Corporation | |
| Simmons Hali | -- | -- | |
| Morris Rentals Llc | -- | None Available | |
| Morris Gregory D | $930,000 | None Available | |
| Flanscha Michael W | $75,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lopez Luis E | $105,600 | |
| Previous Owner | Simmons Hali | $111,550 | |
| Previous Owner | Simmons Hali | -- | |
| Previous Owner | Flanscha Michael W | $60,000 | |
| Closed | Morris Gregory D | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/01/2021 11/01/21 | Sold | $132,000 | -5.6% | $125 / Sq Ft |
| 09/25/2021 09/25/21 | Pending | -- | -- | -- |
| 09/17/2021 09/17/21 | For Sale | $139,900 | -- | $132 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
Tax History Compared to Growth
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 | $2,080 | $129,310 | $32,340 | $96,970 |
| 2023 | $2,136 | $129,310 | $32,340 | $96,970 |
| 2022 | $1,994 | $115,690 | $32,340 | $83,350 |
| 2021 | $1,784 | $115,690 | $32,340 | $83,350 |
| 2020 | $1,732 | $103,710 | $21,020 | $82,690 |
| 2019 | $1,732 | $103,710 | $21,020 | $82,690 |
| 2018 | $1,752 | $94,790 | $21,020 | $73,770 |
| 2017 | $1,790 | $94,790 | $21,020 | $73,770 |
| 2016 | $1,676 | $94,790 | $21,020 | $73,770 |
| 2015 | $1,676 | $94,790 | $21,020 | $73,770 |
| 2014 | $1,636 | $91,580 | $21,020 | $70,560 |
Source: Public Records
Agents Affiliated with this Home
-
Douglas Bonwell, ABR,CRS
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20214511
APN: 8914-13-152-007
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