NOT LISTED FOR SALE

1625 Baltimore St Unit 1-8 Waterloo, IA 50702

Liberty Park Neighborhood

Estimated Value: $167,000 - $700,111

4 Beds
2 Baths
840 Sq Ft
$413/Sq Ft Est. Value

Last Sold November 30, 2022

Last sale price $715,000 $851 Per Sq Ft

Current estimated payment $2,263/month

21 Days on Market

Highlights

  • 34,116 Sq Ft lot
  • Landscaped with Trees
  • Brick Front
  • Covered patio or porch
  • 1-Story Property
  • Forced Air Heating and Cooling System

About This Home

As of November 2022

Rare investment offering. Four side-by-side ranch style duplexes all on one lot with three stall garage. Large units with 840 SF on the main level and full walkout basements. Could easily add third bedroom in basement. All duplexes have nice brick fronts and covered front porches. Many long term tenants. 7 of 8 furnaces and central A/C's have been replaced. Roofs are all in good shape. Separate lot behind duplexes with additional oversized two stall and single stall garage also included in sale. Seller is a licensed broker in Iowa.

Last Agent to Sell the Property

Kyle Hawthorne

Structure Real Estate License #B58486000 Listed on: 08/09/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,324

Year Built

  • Built in 1962

Lot Details

  • 0.78 Acre Lot
  • Lot Dimensions are 95x300
  • Level Lot
  • Landscaped with Trees

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding
  • Brick Front

Interior Spaces

  • 1-Story Property
  • Walk-Out Basement

Laundry

  • Laundry on lower level
  • Washer and Gas Dryer Hookup

Parking

  • Garage
  • 20 Open Parking Spaces
  • Parking Available
  • On-Street Parking

Outdoor Features

  • Covered patio or porch

Schools

  • Kittrell Elementary School
  • Hoover Intermediate
  • West High School

Utilities

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

Community Details

  • 8 Units

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, trash collection, water
  • Assessor Parcel Number 891335327026

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,324

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Parcel Number: 891335327026
  • Year Built: 1962
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Dryer Hookup-Gas, Lower Level, Washer Hookup
  • ResoLotFeatures: Level
  • Road Frontage Type: Paved Streets
  • Co List Office Phone: 319-260-2016
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 840
  • Architectural Style: One Story
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Walk-Out Access
  • Below Grade Sq Ft: 840

Exterior Features

  • Construction Type: Aluminum Siding, Brk Accent, Brick Front
  • Exterior Features: Patio, Porch-Covered, Trees
  • Siding: Aluminum,Brick

Garage/Parking

  • Open Parking Spaces: 20
  • Parking Features: Detached, Garage, On Street, Parking Area, Parking Space

Utilities

  • Cooling: Central Air, Electric
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Utilities: Elec Individual Meters, Gas Individual Meters, Water - Multiple Meters
  • Water Source: City

Schools

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

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 95x300
  • Lot Size Sq Ft: 34116

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas, Heat, Trash Collection, Water
  • Lease Term: Other

Multi Family

  • Number Of Units Total: 8

Tax Info

  • Tax Annual Amount: 11324.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2022
Closed on
Dec 1, 2022
Sold by
Hawthorne Huts Llc
Bought by
Bruns Property Holding Lc
Seller's Agent
Kyle Hawthorne
Structure Real Estate
List Price
$725,000
Sold Price
$715,000
Premium/Discount to List
-$10,000
-1.38%
Total Days on Market
21
Current Estimated Value
$347,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$367,963
Avg. Annual Appreciation
-21.42%
Original Mortgage
$715,000
Outstanding Balance
$697,064
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$316,800
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
Bruns Property Holding Lc $8,840,000 Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bruns Property Holding Lc $715,000
Previous Owner Hawthorne Huts Llc $1,118,000
Previous Owner Hill James E $100,000
Previous Owner Hill James E $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2022 11/30/22 Sold $715,000 -1.4% $851 / Sq Ft
08/30/2022 08/30/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $725,000 -- $863 / 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 $13,026 $651,710 $41,900 $609,810
2023 $11,350 $651,710 $41,900 $609,810
2022 $11,235 $516,830 $41,900 $474,930
2021 $10,964 $516,830 $41,900 $474,930
2020 $10,788 $484,090 $32,920 $451,170
2019 $10,788 $484,090 $32,920 $451,170
2018 $10,855 $484,090 $32,920 $451,170
2017 $10,792 $484,090 $32,920 $451,170
2016 $11,062 $487,600 $32,920 $454,680
2015 $11,062 $487,600 $32,920 $454,680
2014 $10,720 $463,660 $32,920 $430,740
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20223797

Northeast Iowa Regional Board of REALTORS®

APN: 8913-35-327-026