NOT LISTED FOR SALE

2118 Clay St Cedar Falls, IA 50613

Estimated Value: $172,000 - $199,390

2 Beds
2 Baths
812 Sq Ft
$230/Sq Ft Est. Value

Last Sold October 03, 2017

Last sale price $112,000 $138 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,186/month

23 Days on Market

Highlights

  • Porch
  • Cooling System Powered By Gas
  • Level Lot
  • Peet Junior High School Rated A-
  • Forced Air Heating System
  • Wood Siding

About This Home

As of October 2017

Very well constructed smaller "4-square" with both a 4-season porch and open porch. Most of the woodwork and trim is still original, plus original windows, original siding, and most floors under carpet are oak. A prime candidate for conversion back to single family owner occupied, qualifying for the $10,000.00 FORGIVABLE LOAN from City of Cedar Falls. Easy walking distance to UNI. Being Sold "AS IS". NOTE: The removal of 2 trees by the alley are included in the price.

Last Agent to Sell the Property

Steve Conrad

Lockard Realty Company License #S6205200 Listed on: 08/08/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,200

Year Built

  • Built in 1928

Lot Details

  • 7,260 Sq Ft Lot
  • Lot Dimensions are 55x132
  • Level Lot

Home Design

  • Duplex
  • Concrete Foundation
  • Block Foundation
  • Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Interior Basement Entry

Laundry

  • Laundry on lower level
  • Washer and Gas Dryer Hookup

Parking

  • 3 Open Parking Spaces
  • No Garage
  • Over 1 Space Per Unit
  • Parking Available

Outdoor Features

  • Porch

Schools

  • Lincoln Elementary Waterloo
  • Peet Junior High
  • Cedar Falls High School

Utilities

  • Cooling System Powered By Gas
  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, snow removal, trash collection, water
  • Assessor Parcel Number 891413336006

Community Details

Overview

  • 2 Units
  • Normal Addition Subdivision

Building Details

  • Gross Income $770

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,200

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Parcel Number: 891413336006
  • Year Built: 1928
  • Property Sub-Type: Duplex
  • ResoLaundryFeatures: Dryer Hookup-Gas, Lower Level, Washer Hookup
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.167
  • Road Frontage Type: Hard Surface Road, Paved Road
  • Co List Office Phone: 319-277-8000
  • MLS Status: Closed
  • Subdivision Name: Normal Addition
  • Above Grade Finished Sq Ft: 812
  • Architectural Style: Two or More Stories, Duplex
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Concrete, Entrance-Inside, Floor Drain
  • Below Grade Sq Ft: 812

Exterior Features

  • Construction Type: Frame, Wood Siding
  • Exterior Features: Sidewalk, Porch, Porch-4 Season
  • Siding: Redwood,Wood

Garage/Parking

  • Open Parking Spaces: 3
  • Parking Features: None, Over 1 Space, Parking Space

Utilities

  • Cooling: Electric, Gas, Window Unit(s)
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Gas Individual Meters
  • Water Source: City

Schools

  • Elementary School: Lincoln Elementary Waterloo
  • High School: Cedar Falls High
  • Middle Or Junior School: Peet Junior High

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 55x132
  • Lot Size Sq Ft: 7260
  • Additional Parcels: No

Rental Info

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

Multi Family

  • Gross Income: 770
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2017
Closed on
Oct 3, 2017
Sold by
Goodrich Rudolph and Goodrich Betty
Bought by
Barlow Trudy L
Seller's Agent
Steve Conrad
Lockard Realty Company
List Price
$112,500
Sold Price
$112,000
Premium/Discount to List
-$500
-0.44%
Current Estimated Value
$186,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,848
Avg. Annual Appreciation
5.79%
Original Mortgage
$76,000
Interest Rate
3.78%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Barlow Trudy L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barlow Trudy L $25,000
Open Barlow Trudy L $87,750
Closed Barlow Trudy L $18,500
Closed Barlow Trudy L $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2017 10/03/17 Sold $112,000 -0.4% $138 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
08/08/2017 08/08/17 For Sale $112,500 -- $139 / 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 $2,338 $166,980 $26,950 $140,030
2023 $1,998 $166,980 $26,950 $140,030
2022 $2,556 $117,120 $26,950 $90,170
2021 $2,378 $145,760 $26,950 $118,810
2020 $2,328 $136,330 $17,520 $118,810
2019 $2,328 $136,330 $17,520 $118,810
2018 $2,300 $124,450 $17,520 $106,930
2017 $2,350 $124,450 $17,520 $106,930
2016 $2,200 $124,450 $17,520 $106,930
2015 $2,200 $124,450 $17,520 $106,930
2014 $2,224 $124,450 $17,520 $106,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20174395

Northeast Iowa Regional Board of REALTORS®

APN: 8914-13-336-006