$233,000
SOLD MAY 28, 2025

2600 Waterloo Rd Cedar Falls, IA 50613

4 Beds
2 Baths
984 Sq Ft
0.39 Acres

Recently Sold

$237 Per Sq Ft

4% Below List Price

7 Days on Market

Highlights

  • Central Air
  • Peet Junior High School Rated A-
  • Garage

About This Home

As of May 2025

Great investment opportunity! This well-maintained duplex features two spacious units, each offering two bedrooms and 1 bathroom. Enjoy the convenience of in-unit laundry and private 1-stall garages for each unit.

Last Agent to Sell the Property

Leeann Sires

EPM, Iowa License #S67606000 Listed on: 04/24/2025

Last Buyer's Agent

Lynette Sorensen

RE/MAX Concepts - Cedar Falls License #S614510

RE/MAX Concepts - Cedar Falls

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,315

Year Built

  • Built in 1960

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 145x110

Parking

  • Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Schools

  • Cedar Heights Elementary School
  • Peet Junior High
  • Cedar Falls High School

Additional Features

  • Laundry on main level
  • Central Air
  • Finished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, snow removal, trash collection, water
  • Assessor Parcel Number 891318380001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,315

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Parcel Number: 891318380001
  • Year Built: 1960
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: 1st Floor, 2nd Floor
  • Co List Office Phone: 319-560-3543
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 984
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 984

Exterior Features

  • Construction Type: Brick
  • Siding: Brick

Garage/Parking

  • Parking Features: Garage, Paved, Attached

Utilities

  • Cooling: Central Air
  • Sewer: Public Sewer
  • Utilities: Separate Meters
  • Water Source: Public

Schools

  • Elementary School: Cedar Heights Elementary
  • High School: Cedar Falls High
  • Middle Or Junior School: Peet Junior High

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 145x110
  • Lot Size Sq Ft: 16775

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas, Heat, Snow Removal, Trash Collection, Water

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3315

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2025
Closed on
May 22, 2025
Sold by
Lapointe Nicholas A
Bought by
Dickinson Dalton J
Seller's Agent
Leeann Sires
EPM, Iowa
Buyer's Agent
Lynette Sorensen
RE/MAX Concepts - Cedar Falls
List Price
$243,000
Sold Price
$233,000
Premium/Discount to List
-$10,000
-4.12%
Views
7
Current Estimated Value
$233,092

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92
Avg. Annual Appreciation
0.07%
Original Mortgage
$221,350
Outstanding Balance
$220,419
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$12,673

Purchase Details

Closed on
Jun 27, 2018
Sold by
Haberer Mark T and Haberer Rhonda E
Bought by
Lapointe Nicholas A

Purchase Details

Closed on
Dec 22, 2005
Sold by
Wisby Hill Betty Jean
Bought by
Cunningham Mary Kathryn and Haberer Mark T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $233,000 None Listed On Document
Warranty Deed $180,000 --
Joint Tenancy Deed $170,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $221,350 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2025 05/28/25 Sold $233,000 -4.1% $237 / Sq Ft
05/01/2025 05/01/25 Pending -- -- --
04/24/2025 04/24/25 For Sale $243,000 -- $247 / 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
2025 $3,412 $232,390 $41,060 $191,330
2024 $3,412 $212,040 $41,060 $170,980
2023 $3,336 $212,040 $41,060 $170,980
2022 $3,376 $180,670 $41,060 $139,610
2021 $2,982 $180,670 $41,060 $139,610
2020 $2,918 $168,730 $35,190 $133,540
2019 $2,918 $168,730 $35,190 $133,540
2018 $2,648 $155,370 $35,190 $120,180
2017 $2,712 $155,370 $35,190 $120,180
2016 $2,532 $155,370 $35,190 $120,180
2015 $2,532 $155,370 $35,190 $120,180
2014 $2,464 $149,910 $35,190 $114,720
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2025

    Leeann Sires

    EPM, Iowa

    (319) 433-8850

    7 in this area

    46 Total Sales

    Leeann Sires
    Section Image
  • Lynette Sorensen

    Buyer's Agent in 2025

    Lynette Sorensen

    RE/MAX

    (319) 504-2789

    24 in this area

    41 Total Sales

    Lynette Sorensen
    Section Image
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20251798

Northeast Iowa Regional Board of REALTORS®

APN: 8913-18-380-001

Iowa Black Hawk County Cedar Falls 50613

2600 Waterloo Rd, Cedar Falls, IA

Sold

MultiFamily

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