NOT LISTED FOR SALE

1919 Lafayette St Unit 1921 Waterloo, IA 50703

Neighbors for Life Neighborhood

Estimated Value: $50,000 - $124,000

6 Beds
5 Baths
1,936 Sq Ft
$43/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $12,000 $6 Per Sq Ft

Est. 594% increase in value since last sale

Current estimated payment $489/month

65 Days on Market

About This Home

As of July 2022

This one is ready for your individual touch! Up to five units, all with separate Utilities. Located on corner lot with plenty of work to be done but huge potential for an investor. Are you ready for the Challenge?

Last Listed By

Chris Fischels

Fischels Commercial Group License #B44779000 Listed on: 05/05/2022

Fischels Commercial Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1908

Lot Details

  • 6,300 Sq Ft Lot
  • Lot Dimensions are 60x90x120
  • Corner Lot

Home Design

  • Duplex
  • Block Foundation
  • Stucco Exterior Insulation and Finish Systems
  • Asphalt Roof

Interior Spaces

  • 2-Story Property

Parking

  • No Garage
  • Parking Available
  • On-Street Parking

Schools

  • Highland Elementary School
  • Bunger Middle School
  • West High School

Community Details

  • 5 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 891230157006

Property Details

Home Type

Multi-Family

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Parcel Number: 891230157006
  • Year Built: 1908
  • Property Sub-Type: Multi-Family 5+
  • ResoLaundryFeatures: None
  • ResoLotFeatures: Corner Lot
  • Co List Office Mls Id: NBR189
  • Co List Office Phone: 319-234-5000
  • Co List Office Phone: 319-234-5000
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1936
  • Architectural Style: Two Story, Apartments (5+ Units), Duplex, Triplex
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Floor Drain
  • Below Grade Sq Ft: 1936

Exterior Features

  • Construction Type: Stucco EIFS
  • Siding: Stucco,Vinyl

Garage/Parking

  • Parking Features: None, On Street, Parking Area

Utilities

  • Cooling: None
  • Sewer: City Sewer
  • Utilities: Elec Individual Meters, Separate Meters
  • Water Source: City

Schools

  • Elementary School: Highland Elementary
  • High School: West High
  • Middle Or Junior School: Bunger

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 60x90x120
  • Lot Size Sq Ft: 6300

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Term: Other

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 381

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2025
Sold by
Luster Maria and Luster Gerry
Bought by
Luster Family Trust and Luster
Total Days on Market
65
Current Estimated Value
$83,333

Purchase Details

Listed on
May 5, 2022
Closed on
Jul 29, 2022
Sold by
Blt Investments Llc
Bought by
Luster Maria and Luster Gerry
Seller's Agent
Chris Fischels
Fischels Commercial Group
List Price
$22,500
Sold Price
$12,000
Premium/Discount to List
-$10,500
-46.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.68%

Purchase Details

Listed on
Jul 1, 2020
Closed on
Nov 17, 2020
Sold by
Zheng Ming and Zheng Ying
Bought by
Blt Investments Llc
Seller's Agent
Troy Olson
Oakridge Real Estate
List Price
$20,000
Sold Price
$5,500
Premium/Discount to List
-$14,500
-72.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.24%

Purchase Details

Listed on
Feb 11, 2019
Closed on
Aug 13, 2019
Sold by
Cassius Investment Group
Bought by
Zheng Ming
Seller's Agent
Luke Bartlett
Oakridge Real Estate
List Price
$7,500
Sold Price
$5,000
Premium/Discount to List
-$2,500
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%

Purchase Details

Closed on
Jun 13, 2019
Sold by
End Of The Road Llc
Bought by
Cassius Investment Group

Purchase Details

Closed on
Feb 1, 2019
Sold by
Cassius Investment Group
Bought by
End Of Road Llc

Purchase Details

Closed on
Apr 26, 2018
Sold by
Guardian Tax Partners Llc
Bought by
Cassius Investment Group

Purchase Details

Closed on
Oct 31, 2005
Sold by
Rose Land And Finance Corp
Bought by
Uranga Ricardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,410
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 2005
Sold by
First National Acceptance Co
Bought by
Rose Land And Finance Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,410
Interest Rate
6.17%
Mortgage Type
Commercial

Range of Values:

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Average Value
Not Available
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
Luster Family Trust -- Title Services
Luster Maria $12,000 None Listed On Document
Blt Investments Llc $5,500 None Listed On Document
Zheng Ming $5,000 --
Cassius Investment Group $17,000 --
End Of Road Llc $17,000 --
Cassius Investment Group $17,000 --
Uranga Ricardo $30,000 None Available
Rose Land And Finance Corp -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Uranga Ricardo $27,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $12,000 -20.0% $6 / Sq Ft
07/09/2022 07/09/22 Pending -- -- --
07/01/2022 07/01/22 Price Changed $15,000 -24.6% $8 / Sq Ft
06/20/2022 06/20/22 Price Changed $19,900 -11.6% $10 / Sq Ft
05/05/2022 05/05/22 For Sale $22,500 +309.1% $12 / Sq Ft
11/17/2020 11/17/20 Sold $5,500 -63.3% $3 / Sq Ft
11/05/2020 11/05/20 Pending -- -- --
09/28/2020 09/28/20 Price Changed $15,000 -25.0% $8 / Sq Ft
07/01/2020 07/01/20 For Sale $20,000 +300.0% $10 / Sq Ft
08/26/2019 08/26/19 Sold $5,000 0.0% $3 / Sq Ft
08/13/2019 08/13/19 Off Market $5,000 -- --
07/29/2019 07/29/19 Pending -- -- --
07/11/2019 07/11/19 For Sale $7,500 +50.0% $4 / Sq Ft
03/12/2019 03/12/19 Off Market $5,000 -- --
03/11/2019 03/11/19 Pending -- -- --
02/11/2019 02/11/19 For Sale $7,500 -- $4 / 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 $302 $15,150 $9,450 $5,700
2023 $312 $15,150 $9,450 $5,700
2022 $356 $14,160 $2,700 $11,460
2021 $358 $14,160 $2,700 $11,460
2020 $380 $13,210 $2,700 $10,510
2019 $380 $10,510 $0 $10,510
2018 $592 $10,510 $0 $10,510
2017 $440 $10,510 $0 $10,510
2016 $464 $10,510 $0 $10,510
2015 $481 $10,510 $0 $10,510
2014 $494 $13,210 $2,700 $10,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20221894

Northeast Iowa Regional Board of REALTORS®

APN: 8912-30-157-006