NOT LISTED FOR SALE

2130 Waterloo Rd Unit 2132 Cedar Falls, IA 50613

Estimated Value: $220,000 - $291,000

6 Beds
4 Baths
1,728 Sq Ft
$146/Sq Ft Est. Value

Last Sold May 24, 2023

Last sale price $287,500 $166 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,668/month

6 Days on Market

About This Home

As of May 2023

This is an excellent opportunity to start your rental portfolio or to consider living in one side of the duplex while renting out the other side. The property is a side by side duplex with three bedrooms on the main level and a non-conforming bedroom in the lower level makes it an attractive option for potential renters. The recently paved parking is a great feature making the property more convenient for tenants, and the vinyl and maintenance-free siding can help reduce the amount of maintenance needed to keep the property looking good. The duplex has been well cared for, which is an important factor to consider when evaluating investment opportunities.

Last Agent to Sell the Property

Emsad Begic

Vine Valley Real Estate License #B56539000 Listed on: 02/27/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,383

Year Built

  • Built in 1964

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 94x120

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Laundry

  • Laundry on lower level

Parking

  • No Garage
  • Parking Available
  • Paved Parking

Schools

  • Cedar Heights Elementary School
  • Peet Junior High
  • Cedar Falls High School

Utilities

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

Additional Features

  • Partially Finished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Assessor Parcel Number 891318304022

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,383

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Parcel Number: 891318304022
  • Year Built: 1964
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.26
  • Co List Office Phone: 319-249-5468
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1728
  • Architectural Style: Duplex
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Partially Finished
  • Below Grade Sq Ft: 1728

Exterior Features

  • Construction Type: Vinyl Siding
  • Siding: Vinyl

Garage/Parking

  • Parking Features: Parking Space, Paved, None

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Gas Individual Meters, Separate Meters, Water - Multiple Meters
  • Water Source: City

Schools

  • Elementary School: Cedar Heights Elementary
  • High School: Cedar Falls High
  • Middle Or Junior School: Peet Junior High

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 94x120
  • Lot Size Sq Ft: 11280
  • Additional Parcels: No

Rental Info

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

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3382.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
May 8, 2023
Sold by
Cv Properties Ii Llc
Bought by
Lansing Ryan
Seller's Agent
Emsad Begic
Vine Valley Real Estate
List Price
$289,700
Sold Price
$287,500
Premium/Discount to List
-$2,200
-0.76%
Views
58
Current Estimated Value
$252,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$34,877
Avg. Annual Appreciation
-6.38%
Original Mortgage
$57,500
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 6, 2023
Sold by
Wingert Brian J and Wingert Samantha E
Bought by
Jacobson Ethan and Jacobson Marissa

Purchase Details

Closed on
Mar 25, 2022
Sold by
Mershon Rentals Llc
Bought by
Wingert Brian J and Wingert Samantha E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,260,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2022
Sold by
Vogel Rock R and Vogel Rayann D
Bought by
Vogel Rock R and Vogel Rayann D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,260,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2022
Sold by
Cv Properties Ii Llc
Bought by
Steensen John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,260,000
Interest Rate
3.56%
Mortgage Type
New Conventional
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
Lansing Ryan $287,500 None Listed On Document
Jacobson Ethan $205,000 --
Wingert Brian J $220,000 None Listed On Document
Vogel Rock R -- Beecher Law Firm
Steensen John $140,000 Black Hawk County Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lansing Ryan $57,500
Open Lansing Ryan $230,000
Previous Owner Cv Properties Ii Llc $5,260,000
Previous Owner Cv Properties Ii Llc $3,488,500
Previous Owner Cv Properties Ii Llc $162,500
Previous Owner Michaelsen Tyler J $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2023 05/24/23 Sold $287,500 -0.8% $166 / Sq Ft
03/05/2023 03/05/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $289,700 -- $168 / 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 $3,270 $219,670 $28,130 $191,540
2023 $3,342 $219,670 $28,130 $191,540
2022 $3,382 $181,050 $28,130 $152,920
2021 $3,172 $181,050 $28,130 $152,920
2020 $3,110 $170,390 $24,110 $146,280
2019 $3,110 $170,390 $24,110 $146,280
2018 $2,740 $155,760 $24,110 $131,650
2017 $2,740 $148,280 $24,110 $124,170
2016 $2,636 $149,210 $24,110 $125,100
2015 $2,636 $149,210 $24,110 $125,100
2014 $2,566 $143,530 $24,110 $119,420
Source: Public Records

Agents Affiliated with this Home

  • Emsad Begic

    Seller's Agent in 2023

    Emsad Begic

    Vine Valley Real Estate

    (319) 239-8663

    151 Total Sales

    Emsad Begic
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20230685

Northeast Iowa Regional Board of REALTORS®

APN: 8913-18-304-022

Iowa Black Hawk County Cedar Falls 50613

2130 Waterloo Rd Unit 2132, Cedar Falls, IA

This home is located at 2130 Waterloo Rd Unit 2132, Cedar Falls, IA 50613 since 27 February 2023 and is currently estimated at $252,623, approximately $146 per square foot. This property was built in 1964. 2130 Waterloo Rd Unit 2132 is a home located in Black Hawk County with nearby schools including Cedar Heights Elementary School, Peet 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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