NOT LISTED FOR SALE

1709 Main St Cedar Falls, IA 50613

Estimated Value: $137,503 - $175,000

3 Beds
2 Baths
752 Sq Ft
$207/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $107,500 $143 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $982/month

119 Days on Market

Highlights

  • Forced Air Heating System
  • Holmes Junior High School Rated A-
  • Ceiling Fan

About This Home

As of March 2023

Great opportunity to Add to your investment portfolio or start one! Well maintained duplex in Cedar falls! Both 1 Bedroom units! Same owner for 16 years! Clean and fully occupied! Rents are reduced from previous amounts. Washer and Dryer available shared with other tenant. New shingles are being installed. Information herein deemed reliable but not guaranteed.

Last Agent to Sell the Property

Rick Bauer

RE/MAX Concepts - Waterloo License #B18473000 Listed on: 08/26/2022

RE/MAX Concepts - Waterloo

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,075

Year Built

  • Built in 1915

Lot Details

  • 4,752 Sq Ft Lot
  • Lot Dimensions are 44'x108'

Home Design

  • Duplex
  • Block Foundation
  • Frame Construction
  • Asphalt Roof

Interior Spaces

  • 752 Sq Ft Home
  • Ceiling Fan

Laundry

  • Laundry on lower level
  • Washer and Gas Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • No Garage
  • Parking Available
  • On-Street Parking
  • Off-Site Parking

Schools

  • Lincoln Elementary Cf
  • Holmes Junior High
  • Cedar Falls High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Water Sewer Expense $170

Listing and Financial Details

  • Tenant pays for garbage pick-up, gas
  • Assessor Parcel Number 891413183003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,075

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Parcel Number: 891413183003
  • Year Built: 1915
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Dryer Hookup-Gas, Lower Level, Washer Hookup
  • Lot Size Acres: 0.109
  • Road Frontage Type: Hard Surface Road
  • Co List Office Phone: 319-232-7100
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 752
  • Architectural Style: One and Three Quarter Story, Duplex
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block

Exterior Features

  • Construction Type: Frame
  • Siding: Aluminum

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: None, Gravel, Off Site, On Street, Parking Space

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 170

Schools

  • Elementary School: Lincoln Elementary CF
  • High School: Cedar Falls High
  • Middle Or Junior School: Holmes Junior High

Lot Info

  • Zoning: R-4
  • Lot Dimensions: 44'x108'
  • Lot Size Sq Ft: 4752
  • Additional Parcels: No

Rental Info

  • Tenant Pays: Garbage Pick-up, Gas
  • Lease Term: Over 9 Months,Month to Month

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2075

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Feb 24, 2023
Sold by
Mord Jan K and Mord Sharon J
Bought by
Mdtm Llc
Seller's Agent
Rick Bauer
RE/MAX Concepts - Waterloo
List Price
$129,750
Sold Price
$107,500
Premium/Discount to List
-$22,250
-17.15%
Views
113
Current Estimated Value
$155,876

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,376
Avg. Annual Appreciation
13.93%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mdtm Llc $107,500 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2023 03/01/23 Sold $107,500 -10.0% $143 / Sq Ft
12/23/2022 12/23/22 Pending -- -- --
10/27/2022 10/27/22 Price Changed $119,500 -7.9% $159 / Sq Ft
09/09/2022 09/09/22 For Sale $129,750 0.0% $173 / Sq Ft
09/01/2022 09/01/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $129,750 -- $173 / 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
2025 $1,994 $133,950 $30,030 $103,920
2024 $1,994 $123,940 $20,020 $103,920
2023 $2,050 $123,940 $20,020 $103,920
2022 $2,074 $111,040 $20,020 $91,020
2021 $1,938 $111,040 $20,020 $91,020
2020 $1,898 $104,030 $13,010 $91,020
2019 $1,898 $104,030 $13,010 $91,020
2018 $1,692 $91,510 $13,010 $78,500
2017 $1,728 $91,510 $13,010 $78,500
2016 $1,618 $91,510 $13,010 $78,500
2015 $1,618 $91,510 $13,010 $78,500
2014 $1,574 $88,100 $13,010 $75,090
Source: Public Records

Agents Affiliated with this Home

  • Rick Bauer

    Seller's Agent in 2023

    Rick Bauer

    RE/MAX

    (319) 493-3500

    36 in this area

    251 Total Sales

    Rick Bauer
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20224088

Northeast Iowa Regional Board of REALTORS®

APN: 8914-13-183-003

Iowa Black Hawk County Cedar Falls 50613

1709 Main St, Cedar Falls, IA

Not Listed for Sale

MultiFamily

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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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