NOT LISTED FOR SALE

221 Rachael St Unit 223 Waterloo, IA 50701

Estimated Value: $252,000 - $279,000

4 Beds
3 Baths
1,956 Sq Ft
$137/Sq Ft Est. Value

Last Sold October 08, 2021

Last sale price $195,000 $100 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,836/month

Highlights

  • Deck
  • Forced Air Heating and Cooling System
  • 3-minute walk to Paulsen Park

About This Home

As of October 2021

Great investment property centrally located near schools, parks and shopping centers. Including a completely renovated side with new paint, windows, carpet and flooring. New roof in 2018. Schedule your tour today!

Last Agent to Sell the Property

Selvedina Nuhanovic

Vine Valley Real Estate License #S66341000 Listed on: 09/12/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,795

Year Built

  • Built in 1975

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 133x82

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Siding

Schools

  • Lou Henry Elementary School
  • Hoover Intermediate
  • West High School

Additional Features

  • Laundry on lower level
  • Deck
  • Forced Air Heating and Cooling System
  • Partially Finished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 881304454001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,795

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Parcel Number: 881304454001
  • Year Built: 1975
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Lower Level
  • Co List Office Phone: 319-249-5468
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1956
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partially Finished
  • Below Grade Sq Ft: 1956

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Deck
  • Siding: Vinyl

Garage/Parking

  • Parking Features: Attached, Street Parking

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City Sewer
  • Utilities: Gas Individual Meters, Water - Multiple Meters
  • Water Source: City

Schools

  • Elementary School: Lou Henry
  • High School: West High
  • Middle Or Junior School: Hoover Intermediate

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 133x82
  • Lot Size Sq Ft: 10906

Rental Info

  • Tenant Pays: None
  • Lease Term: Over 9 Months,Month to Month

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3795.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2021
Closed on
Oct 7, 2021
Sold by
Kline Richard J and Kline Ann
Bought by
E & A Properties Llc
Seller's Agent
Selvedina Nuhanovic
Vine Valley Real Estate
List Price
$199,900
Sold Price
$195,000
Premium/Discount to List
-$4,900
-2.45%
Current Estimated Value
$267,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,961
Avg. Annual Appreciation
8.29%

Purchase Details

Closed on
Jan 18, 2019
Sold by
Dirtworks Construction
Bought by
Zeithamel Bradley and Garrett Melissa

Purchase Details

Closed on
Nov 6, 2006
Sold by
The Estate Of Suzanne L Kline
Bought by
Kline Richard J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
6.38%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 1, 2005
Sold by
City Of Waterloo
Bought by
Minard Construction Inc
Source: Public Records

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
E & A Properties Llc $195,000 New Title Company Name
Zeithamel Bradley $115,000 --
Kline Richard J $165,000 None Available
Minard Construction Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kline Richard J $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2021 10/08/21 Sold $195,000 -2.5% $100 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
09/12/2021 09/12/21 For Sale $199,900 -- $102 / 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 $4,974 $229,240 $33,200 $196,040
2023 $4,058 $229,240 $33,200 $196,040
2022 $3,950 $184,730 $33,200 $151,530
2021 $3,796 $184,730 $33,200 $151,530
2020 $3,734 $167,570 $26,970 $140,600
2019 $3,734 $167,570 $26,970 $140,600
2018 $3,736 $167,570 $26,970 $140,600
2017 $3,866 $167,570 $26,970 $140,600
2016 $3,820 $168,340 $26,970 $141,370
2015 $3,820 $168,340 $26,970 $141,370
2014 $3,710 $160,490 $26,970 $133,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20214451

Northeast Iowa Regional Board of REALTORS®

APN: 8813-04-454-001