NOT LISTED FOR SALE

2305 Fairway Ln Waterloo, IA 50701

Estimated Value: $224,577 - $268,000

4 Beds
2 Baths
1,824 Sq Ft
$136/Sq Ft Est. Value

Last Sold November 29, 2018

Last sale price $163,000 $89 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,725/month

4 Days on Market

Highlights

  • Corner Lot
  • Forced Air Heating and Cooling System
  • Wood Siding
  • 1-Story Property
  • Garage

About This Home

As of November 2018

Easy to rent sharp side by side ranch duplex in convenient location. New exterior paint and garage siding 2017. 253 Upland 2017: carpet, K flooring, painting (2 coats), window treatments, some exterior lights and alarms. Monthly rental total $1475. Tenants do snow removal, lawn care and all utilities. Marked city sidewalk being replaced. No sign on property. Pre-approved buyers requested as courtesy to tenants.

Last Agent to Sell the Property

Timothy Rogers

One Realty Centre License #B39517000 Listed on: 10/23/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,648

Year Built

  • Built in 1978

Lot Details

  • 8,732 Sq Ft Lot
  • Lot Dimensions are 74x118
  • Corner Lot

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Laundry on lower level

Parking

  • Garage
  • 4 Open Parking Spaces

Schools

  • Kingsley Elementary School
  • Hoover Intermediate
  • West High School

Utilities

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

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, lawn care, snow removal, trash collection, water
  • Assessor Parcel Number 891333280001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,648

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Parcel Number: 891333280001
  • Year Built: 1978
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Lower Level
  • ResoLotFeatures: Corner Lot
  • Co List Office Phone: 319-277-1077
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1824
  • Architectural Style: One Story, Duplex
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Below Grade Sq Ft: 1824

Exterior Features

  • Construction Type: Wood Siding
  • Siding: Wood

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: Detached, Garage

Utilities

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

Schools

  • Elementary School: Kingsley Elementary
  • High School: West High
  • Middle Or Junior School: Hoover Intermediate

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 74x118
  • Lot Size Sq Ft: 8732

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas, Heat, Lawn Care, Snow Removal, Trash Collection, Water
  • Lease Term: Over 9 Months

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3648

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2018
Closed on
Nov 29, 2018
Sold by
James B & J L Webster Ret
Bought by
Bockes & Kunkle Holdings
Seller's Agent
Timothy Rogers
One Realty Centre
List Price
$167,500
Sold Price
$163,000
Premium/Discount to List
-$4,500
-2.69%
Current Estimated Value
$248,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,394
Avg. Annual Appreciation
6.13%
Original Mortgage
$165,000
Outstanding Balance
$147,327
Interest Rate
4.8%
Mortgage Type
Balloon
Estimated Equity
$94,464
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
Bockes & Kunkle Holdings $163,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bockes & Kunkle Holdings $165,000
Closed Bockes & Kunkle Holdings $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2018 11/29/18 Sold $163,000 0.0% $89 / Sq Ft
10/29/2018 10/29/18 Off Market $163,000 -- --
10/23/2018 10/23/18 For Sale $167,500 -- $92 / 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 $4,240 $212,100 $26,090 $186,010
2023 $4,022 $212,100 $26,090 $186,010
2022 $3,914 $183,090 $26,090 $157,000
2021 $3,706 $183,090 $26,090 $157,000
2020 $3,646 $163,600 $20,870 $142,730
2019 $3,646 $163,600 $20,870 $142,730
2018 $3,648 $163,600 $20,870 $142,730
2017 $3,778 $163,600 $20,870 $142,730
2016 $3,732 $164,540 $20,870 $143,670
2015 $3,732 $164,540 $20,870 $143,670
2014 $3,804 $164,540 $20,870 $143,670
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Timothy Rogers

    One Realty Centre

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20185667

Northeast Iowa Regional Board of REALTORS®

APN: 8913-33-280-001

Iowa Black Hawk County Waterloo 50701

2305 Fairway Ln, Waterloo, IA

This home is located at 2305 Fairway Ln, Waterloo, IA 50701 since 23 October 2018 and is currently estimated at $248,394, approximately $136 per square foot. This property was built in 1978. 2305 Fairway Ln is a home located in Black Hawk County with nearby schools including Kingsley Elementary School, Hoover Middle School, and West 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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