2404 Olive St Cedar Falls, IA 50613
Estimated payment $1,594/month
Highlights
- Forced Air Heating and Cooling System
- Wood Siding
- 4-minute walk to Seerley Park
- Holmes Junior High School Rated A-
About This Home
Large duplex close to UNI campus with great rental history and appeal. Both units are very large and have many updates. Fresh paint and new flooring enhance the appeal for prospective tenants. Gross rents are $2300 per month and tenants pay all utilities. Tons of paved off street parking and plenty of upside in rent rates. This property may also be sold in a package with other listings located at 1316 Main St CF, 2415 Olive St CF, and 1107-1113 Rainbow Waterloo
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,981
Year Built
- Built in 1910
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 66x132
Home Design
- Duplex
- Block Foundation
- Asphalt Roof
- Wood Siding
- Vinyl Siding
Interior Spaces
- 1,144 Sq Ft Home
- 2-Story Property
- Laundry on main level
Parking
- 12 Open Parking Spaces
- No Garage
Schools
- Lincoln Elementary Cf
- Holmes Junior High
- Cedar Falls High School
Utilities
- Forced Air Heating and Cooling System
Community Details
- 2 Units
Listing and Financial Details
- Assessor Parcel Number 891413354001
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,068 | $190,680 | $32,340 | $158,340 |
| 2023 | $3,218 | $190,680 | $32,340 | $158,340 |
| 2022 | $3,256 | $174,290 | $32,340 | $141,950 |
| 2021 | $3,034 | $174,290 | $32,340 | $141,950 |
| 2020 | $2,974 | $162,970 | $21,020 | $141,950 |
| 2019 | $2,974 | $162,970 | $21,020 | $141,950 |
| 2018 | $2,750 | $148,770 | $21,020 | $127,750 |
| 2017 | $2,828 | $148,770 | $21,020 | $127,750 |
| 2016 | $2,648 | $149,800 | $21,020 | $128,780 |
| 2015 | $2,648 | $149,800 | $21,020 | $128,780 |
| 2014 | $2,678 | $149,800 | $21,020 | $128,780 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/15/2025 04/15/25 | For Sale | $255,000 | +19.2% | $223 / Sq Ft |
| 11/06/2020 11/06/20 | Sold | $214,000 | -4.8% | $172 / Sq Ft |
| 08/05/2020 08/05/20 | Pending | -- | -- | -- |
| 06/12/2020 06/12/20 | For Sale | $224,900 | -- | $180 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $214,000 | None Available | |
| Warranty Deed | $214,000 | None Listed On Document | |
| Warranty Deed | $188,000 | -- | |
| Special Warranty Deed | $165,000 | Title Services Corporation |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,048,000 | New Conventional | |
| Closed | $1,048,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $210,000 | Balloon | |
| Previous Owner | $123,000 | New Conventional | |
| Previous Owner | $122,000 | New Conventional | |
| Previous Owner | $123,750 | New Conventional | |
| Previous Owner | $244,000 | Credit Line Revolving |
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20251609
APN: 8914-13-354-001
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