NOT LISTED FOR SALE

2503 University Ave Waterloo, IA 50701

Estimated Value: $133,000 - $164,540

3 Beds
1 Bath
1,481 Sq Ft
$102/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $115,500 $78 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,035/month

About This Home

As of April 2021

Same owner since 1966!!! 3 bedroom with non conforming 4th bedroom in finished basement. Great location in West Waterloo that is close to many places and schools. Appliances included. Immediate possession and low taxes makes this one a winner. Updated main electrical panel. Selling as is and has lots of potential. 24x24 garage and deep lot with garden space.

Last Agent to Sell the Property

Sandy Stuber,ABR

RE/MAX Concepts - Cedar Falls License #B40717 Listed on: 03/13/2021

RE/MAX Concepts - Cedar Falls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,264

Year Built

  • Built in 1959

Lot Details

  • 10,816 Sq Ft Lot
  • Lot Dimensions are 64x169

Parking

  • 2 Car Garage

Home Design

  • Asphalt Roof
  • Steel Siding

Interior Spaces

  • 1,481 Sq Ft Home
  • Ceiling Fan
  • Fire and Smoke Detector
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Schools

  • Fred Becker Elementary School
  • Central Intermediate
  • West High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 891326232004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,264

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Parcel Number: 891326232004
  • Year Built: 1959
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • Lot Size Acres: 0.248
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-266-7100
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 1481
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector
  • Basement: Partially Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 575
  • BelowGradeArea: 906

Exterior Features

  • Construction Type: Steel

Garage/Parking

  • Parking Features: 2 Stall

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Fred Becker Elementary
  • High School: West High
  • Middle Or Junior School: Central Intermediate

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 64x169
  • Lot Size Sq Ft: 10816
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2264

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2021
Closed on
Apr 29, 2021
Sold by
Krueger Marlene and Lavallee Irrevocable Trust
Bought by
Rasmussen Eric Michael and Spoerre Autumn Rose
Seller's Agent
Sandy Stuber,ABR
RE/MAX Concepts - Cedar Falls
List Price
$118,500
Sold Price
$115,500
Premium/Discount to List
-$3,000
-2.53%
Current Estimated Value
$151,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,135
Avg. Annual Appreciation
6.31%
Original Mortgage
$4,043
Outstanding Balance
$2,405
Interest Rate
2.31%
Mortgage Type
New Conventional
Estimated Equity
$149,230
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
Rasmussen Eric Michael $115,500 Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rasmussen Eric Michael $4,043
Open Rasmussen Eric Michael $113,407
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2021 04/29/21 Sold $115,500 -2.5% $78 / Sq Ft
03/13/2021 03/13/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $118,500 -- $80 / 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 $2,738 $136,410 $18,660 $117,750
2023 $2,366 $136,410 $18,660 $117,750
2022 $2,292 $116,620 $18,660 $97,960
2021 $2,108 $116,170 $18,660 $97,510
2020 $2,068 $104,950 $18,660 $86,290
2019 $2,068 $104,950 $18,660 $86,290
2018 $2,072 $104,950 $18,660 $86,290
2017 $2,072 $104,950 $18,660 $86,290
2016 $2,108 $104,950 $18,660 $86,290
2015 $2,108 $104,950 $18,660 $86,290
2014 $2,148 $104,950 $18,660 $86,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20210918

Northeast Iowa Regional Board of REALTORS®

APN: 8913-28-232-004