NOT LISTED FOR SALE

2507 W 4th St Unit 2 Cedar Falls, IA 50613

Estimated Value: $260,000 - $324,000

6 Beds
4 Baths
2,760 Sq Ft
$104/Sq Ft Est. Value

Last Sold November 29, 2019

Last sale price $194,250 $70 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,833/month

36 Days on Market

Highlights

  • Corner Lot
  • Patio
  • 1-Story Property
  • Helen A. Hansen Elementary School Rated A-
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of November 2019

Excellent investment opportunity. Units are mirror image of each other with 3 large bedrooms and one and 1/2 baths on each side. Large closets in all bedrooms, One has a walk-in closet. Private front and back doors. Double garage divided making one private side for each unit. Garages are not included in the present rent, used by owner. Matching kitchens with plenty of room to dine. Total Electric Home New lower level floor coverings. Close to Schools and UNI 2509 ready to rent, $900.00, no garage, renter pays own utilities and lawn care/snow removal. Siding new 2014. Live in one side and pay for it with the rent from the other. Property has a total of 6 bedrooms and 4 bathrooms. Current rent does not include a garage. Tenant does lawn care and snow removal. Tenant pays all own utilities and cable, etc. LISTING AGENT IS THE SELLER/OWNER.

Last Agent to Sell the Property

Mary E Muller

Muller Real Estate License #B22893000 Listed on: 09/18/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,020

Year Built

  • Built in 1975

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 135 x 90
  • Corner Lot
  • Level Lot

Home Design

  • Duplex
  • Split Foyer
  • Wood Foundation
  • Concrete Foundation
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan

Laundry

  • Laundry Room
  • Laundry on lower level
  • Washer and Electric Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Interior and Exterior Basement Entry

Parking

  • Garage
  • 3 Open Parking Spaces
  • Parking Available
  • On-Street Parking

Schools

  • Hansen Elementary School
  • Holmes Junior High
  • Cedar Falls High School

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, heat, lawn care, snow removal, trash collection, water
  • Assessor Parcel Number 891410285004

Community Details

Overview

  • 2 Units
  • Cedar Crest First Addition Lot 11 Subdivision

Building Details

  • Gross Income $1,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,020

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Parcel Number: 891410285004
  • Year Built: 1975
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Dryer Hookup-Ele, Laundry Room, Lower Level, Washer Hookup
  • ResoLotFeatures: Corner Lot, Level
  • Lot Size Acres: 0.279
  • Road Frontage Type: On Bus Line, Paved Road
  • Co List Office Phone: 651-295-3538
  • MLS Status: Closed
  • Subdivision Name: Cedar Crest First Addition Lot 11
  • Architectural Style: One Story, Duplex, Split Foyer
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Concrete, Entrance-Inside, Entrance-Outside, Floor Drain, Finished, Walk-Out Access, Wood
  • Below Grade Sq Ft: 1344

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Sidewalk, Patio
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 3
  • Parking Features: Detached, Garage, Parking Space, Street Parking

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Electric, Forced Air
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual, Separate Meters, Water - Multiple Meters
  • Water Source: City

Schools

  • Elementary School: Hansen
  • High School: Cedar Falls High
  • Middle Or Junior School: Holmes Junior High

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 135 x 90
  • Lot Size Sq Ft: 12150
  • Additional Parcels: No

Rental Info

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

Multi Family

  • Gross Income: 1800
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3020

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2019 11/29/19 Sold $194,250 -7.5% $70 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
10/21/2019 10/21/19 Price Changed $209,900 -8.7% $76 / Sq Ft
09/18/2019 09/18/19 For Sale $229,900 -- $83 / 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 $3,822 $237,460 $40,340 $197,120
2023 $3,798 $237,460 $40,340 $197,120
2022 $3,844 $205,740 $40,340 $165,400
2021 $3,496 $205,740 $40,340 $165,400
2020 $3,428 $187,780 $26,890 $160,890
2019 $3,428 $187,780 $26,890 $160,890
2018 $3,014 $163,100 $26,890 $136,210
2017 $3,014 $163,100 $26,890 $136,210
2016 $2,910 $164,720 $26,890 $137,830
2015 $2,910 $164,720 $26,890 $137,830
2014 $2,778 $155,460 $26,890 $128,570
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Mary E Muller

    Muller Real Estate

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20195107

Northeast Iowa Regional Board of REALTORS®

APN: 8914-10-285-004

Iowa Black Hawk County Cedar Falls 50613

2507 W 4th St Unit 2, Cedar Falls, IA

This home is located at 2507 W 4th St Unit 2, Cedar Falls, IA 50613 since 18 September 2019 and is currently estimated at $286,683, approximately $103 per square foot. This property was built in 1975. 2507 W 4th St Unit 2 is a home located in Black Hawk County with nearby schools including Helen A. Hansen Elementary School, Holmes 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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