NOT LISTED FOR SALE

2606 W 3rd St Unit 2608 Cedar Falls, IA 50613

Estimated Value: $212,252 - $277,000

4 Beds
2 Baths
1,672 Sq Ft
$145/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $215,000 $129 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,574/month

4 Days on Market

Highlights

  • Central Air
  • Helen A. Hansen Elementary School Rated A-
  • Garage

About This Home

As of August 2019

Awesome investment opportunity! This fantastic duplex has matching units that have a lot to offer including new siding windows! Instant curb appeal and residing on a nice corner lot, you’ll appreciate the twin single stall garages, tucked under each unit. Once inside, each unit greets you with a cute living room with lots of natural light. You also have matching kitchen and dining room combos that offer ample cabinetry and countertop space, along with access to private back patios. On the upper level, you have two sizable bedrooms in each unit with a hallway full bathroom. This is one unique opportunity for the area with a great value! Don’t let it pass you by! Long term tenants and rent can be easily increased!

Last Agent to Sell the Property

Amy Wienands

AWRE, EXP Realty, LLC License #B34553 Listed on: 07/12/2019

AWRE, EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,623

Year Built

  • Built in 1971

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 135 x 90

Home Design

  • 1,672 Sq Ft Home
  • Duplex
  • Concrete Foundation
  • Asphalt Roof
  • Vinyl Siding

Parking

  • Garage
  • 2 Open Parking Spaces
  • Tuck Under Garage

Schools

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

Additional Features

  • Laundry on lower level
  • Central Air

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, trash collection, water
  • Assessor Parcel Number 891410284001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,623

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Parcel Number: 891410284001
  • Year Built: 1971
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Lower Level
  • Co List Office Phone: 319-269-2477
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1672
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete

Exterior Features

  • Construction Type: Vinyl Siding
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 2
  • Parking Features: Tuckunder Garage, Garage

Utilities

  • Cooling: Central Air
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Garbage Pd by Individual
  • 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

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas, Heat, Trash Collection, Water
  • Lease Term: Month To Month

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2623

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2019
Closed on
Aug 26, 2019
Sold by
Haack Steven E and Haack Joanna E
Bought by
Bockes & Kunkle Holdings
Seller's Agent
Amy Wienands
AWRE, EXP Realty, LLC
List Price
$219,900
Sold Price
$215,000
Premium/Discount to List
-$4,900
-2.23%
Current Estimated Value
$242,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,313
Avg. Annual Appreciation
0.80%
Original Mortgage
$182,750
Outstanding Balance
$161,435
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$64,156
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 $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bockes & Kunkle Holdings $182,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $215,000 -2.2% $129 / Sq Ft
07/16/2019 07/16/19 Pending -- -- --
07/12/2019 07/12/19 For Sale $219,900 -- $132 / 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 $3,526 $219,120 $40,340 $178,780
2023 $3,496 $219,120 $40,340 $178,780
2022 $3,540 $189,420 $40,340 $149,080
2021 $3,200 $189,420 $40,340 $149,080
2020 $2,986 $163,590 $26,890 $136,700
2019 $2,986 $163,590 $26,890 $136,700
2018 $2,622 $141,890 $26,890 $115,000
2017 $2,678 $141,890 $26,890 $115,000
2016 $2,508 $141,890 $26,890 $115,000
2015 $2,508 $141,890 $26,890 $115,000
2014 $2,536 $141,890 $26,890 $115,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20193653

Northeast Iowa Regional Board of REALTORS®

APN: 8914-10-284-001