NOT LISTED FOR SALE

1924 W 12th St Cedar Falls, IA 50613

Estimated Value: $325,000 - $559,137

16 Acres
$25,216 Price per Acre
713,513 Sq Ft Lot

Last Sold December 15, 2022

Last sale price $600,000

Est. 31% decrease in value since last sale

Current estimated payment $2,813/month

304 Days on Market

Highlights

  • Barn
  • City View
  • Landscaped with Trees
  • Holmes Junior High School Rated A-
  • 16.38 Acre Lot
  • Timber

About This Lot

As of December 2022

Ideal opportunity, 16.38 acres located less than 3/4 mile from the University of Northern Iowa and less than 1.25 mile from the thriving downtown entertainment area. Property consists of 16.38 acres some heavily wooded, containing two single family houses, a 3 bedroom and a 2 bedroom, both with double garages plus one outbuilding behind 1924 West 12th . The houses are zoned R-2- residential, the balance of the land is A-1. Long range schematic land use plan for City of Cedar Falls indicate potential use for medium density residential.

Last Agent to Sell the Property

Dick Robert CRB,GRI

Cedar Falls Real Estate Company License #B08136000 Listed on: 10/20/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,050

Year Built

  • Built in 1924

Lot Details

  • 16.38 Acre Lot
  • Lot Dimensions are 562.35 x1290
  • Landscaped with Trees
  • Property is zoned R-2

Property Views

  • City Views

Schools

  • Hansen Elementary School
  • Holmes Junior High
  • Cedar Falls High School

Farming

  • Barn
  • Timber

Listing and Financial Details

  • Assessor Parcel Number 891414126001

Property Details

Property Type

Land

Est. Annual Taxes

$6,050

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Parcel Number: 891414126001
  • Year Built: 1924
  • Property Sub-Type: Unimproved Land
  • Current Use: Residential, Unimproved
  • ResoLotFeatures: Tree, Multiple Houses, Timber, City View
  • Lot Size Acres: 16.38
  • Road Frontage Type: City Street, Hard Surface Road
  • Co List Office Phone: 319-277-7256
  • MLS Status: Closed
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family, Unimproved

Exterior Features

  • Other Structures: Barn(s), Residence

Utilities

  • Sewer: City Sewer
  • Water Source: City

Schools

  • Elementary School: Hansen
  • High School: Cedar Falls High
  • Middle Or Junior School: Holmes Junior High

Lot Info

  • Zoning: R-2
  • Topography: Gentle Rolling,Heavily Wooded
  • Lot Dimensions: 562.35 x1290
  • Lot Size Sq Ft: 713512.8

Tax Info

  • Tax Annual Amount: 6050

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2021
Closed on
Dec 6, 2022
Sold by
Johnson Marilyn Kay
Bought by
Garden City Commons Llc
Seller's Agent
Dick Robert CRB,GRI
Cedar Falls Real Estate Company
List Price
$990,000
Sold Price
$600,000
Premium/Discount to List
-$390,000
-39.39%
Views
28
Current Estimated Value
$413,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$186,954
Avg. Annual Appreciation
-13.73%
Original Mortgage
$390,000
Outstanding Balance
$366,311
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$46,642
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
Garden City Commons Llc $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garden City Commons Llc $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2022 12/15/22 Sold $600,000 -13.0% --
08/20/2022 08/20/22 Pending -- -- --
07/26/2022 07/26/22 Price Changed $690,000 -12.7% --
05/26/2022 05/26/22 Price Changed $790,000 -11.2% --
02/09/2022 02/09/22 Price Changed $890,000 -10.1% --
10/20/2021 10/20/21 For Sale $990,000 -- --
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 $6,148 $393,230 $133,920 $259,310
2023 $5,950 $393,230 $133,920 $259,310
2022 $6,050 $322,310 $133,920 $188,390
2021 $4,872 $418,340 $228,420 $189,920
2020 $4,758 $286,910 $88,450 $198,460
2019 $4,758 $286,910 $88,450 $198,460
2018 $4,818 $286,910 $88,450 $198,460
2017 $4,440 $286,910 $88,450 $198,460
2016 $3,348 $277,450 $88,450 $189,000
2015 $3,474 $210,090 $25,020 $185,070
2014 $3,466 $230,140 $44,500 $185,640
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2022

    Dick Robert CRB,GRI

    Cedar Falls Real Estate Company

    (319) 269-3337

    27 Total Sales

    Dick Robert CRB,GRI
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20215060

Northeast Iowa Regional Board of REALTORS®

APN: 8914-14-126-001

Iowa Black Hawk County Cedar Falls 50613

1924 W 12th St, Cedar Falls, IA

This home is located at 1924 W 12th St, Cedar Falls, IA 50613 since 20 October 2021 and is currently estimated at $413,046. This property was built in 1924. 1924 W 12th St is a home located in Black Hawk County with nearby schools including Lincoln Elementary School, Holmes Junior High School, and Cedar Falls High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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