$70,000
SOLD NOV 22, 2024

303 Lafayette St Waterloo, IA 50703

Franklin Gateway Neighborhood
-- Bed
-- Bath
1,168 Sq Ft
4,158 Sq Ft Lot

Recently Sold

$60 Per Sq Ft

65% Below List Price

163 Days on Market

About This Home

As of November 2024

Great investment opportunity! This property is being sold as a package including 303 Lafayette St., 2623 Lafayette St., & 725 W. 5th St. Waterloo, IA. Showings require 24 hour notice.

Last Agent to Sell the Property

Amy Wienands

AWRE, EXP Realty, LLC License #B34553 Listed on: 05/17/2024

AWRE, EXP Realty, LLC

Last Buyer's Agent

Phillip Shirk

AWRE - Commercial & Development License #B63101000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,100

Year Built

  • Built in 1909

Lot Details

  • 4,158 Sq Ft Lot
  • Lot Dimensions are 54x77

Home Design

  • Triplex
  • Concrete Foundation
  • Asphalt Roof
  • Wood Siding

Laundry

  • Laundry on lower level

Parking

  • 3 Open Parking Spaces
  • Parking Available

Schools

  • Cunningham Elementary School
  • George Washington Carver Academy Middle School
  • East High School

Community Details

  • 3 Units
  • Water Sewer Expense $125

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, lawn care, snow removal, trash collection, water
  • Assessor Parcel Number 891324353004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,100

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Parcel Number: 891324353004
  • Year Built: 1909
  • Property Sub-Type: Triplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Lower Level
  • Co List Office Phone: 319-269-2477
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1168
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete
  • Below Grade Sq Ft: 1168

Exterior Features

  • Construction Type: Wood Siding
  • Siding: Wood

Garage/Parking

  • Open Parking Spaces: 3
  • Parking Features: Parking Area, Detached

Utilities

  • Cooling: None
  • Sewer: City Sewer
  • Utilities: Other
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 125

Schools

  • Elementary School: Cunningham
  • High School: East High
  • Middle Or Junior School: George Washington Carver Academy

Lot Info

  • Zoning: C-2
  • Lot Dimensions: 54x77
  • Lot Size Sq Ft: 4158

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas, Heat, Lawn Care, Snow Removal, Trash Collection, Water
  • Lease Term: Other

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 1100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2024
Closed on
Nov 11, 2024
Sold by
Schmidt Randy Lee
Bought by
Cfo Development Llc
Seller's Agent
Amy Wienands
AWRE, EXP Realty, LLC
Buyer's Agent
Phillip Shirk
AWRE - Commercial & Development
List Price
$199,900
Sold Price
$70,000
Premium/Discount to List
-$129,900
-64.98%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.96%
Original Mortgage
$70,000
Outstanding Balance
$69,759
Interest Rate
6.79%
Mortgage Type
Credit Line Revolving
Estimated Equity
$13,526
Source: Public Records

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Range of Values:

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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
Fiduciary Deed $70,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $70,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Pending -- -- --
06/12/2025 06/12/25 For Sale $70,000 0.0% $60 / Sq Ft
11/22/2024 11/22/24 Sold $70,000 -41.7% $60 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
08/19/2024 08/19/24 Price Changed $120,000 -40.0% $103 / Sq Ft
05/17/2024 05/17/24 For Sale $199,900 -- $171 / 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 $890 $70,640 $7,090 $63,550
2023 $786 $70,640 $7,090 $63,550
2022 $946 $48,080 $3,040 $45,040
2021 $932 $48,080 $3,040 $45,040
2020 $1,006 $44,330 $3,040 $41,290
2019 $1,006 $41,290 $0 $41,290
2018 $1,130 $41,290 $0 $41,290
2017 $1,204 $41,290 $0 $41,290
2016 $1,286 $41,290 $0 $41,290
2015 $1,286 $41,290 $0 $41,290
2014 $1,378 $44,330 $3,040 $41,290
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2025

    Blake Keating

    AWRE - Commercial & Development

    (319) 269-2477

    20 Total Sales

    Blake Keating
    Section Image
  • Amy Wienands

    Seller's Agent in 2024

    Amy Wienands

    AWRE, EXP Realty, LLC

    (319) 240-7247

    1 in this area

    1,303 Total Sales

    Amy Wienands
    Section Image
  • Phillip Shirk

    Buyer's Agent in 2024

    Phillip Shirk

    AWRE - Commercial & Development

    (319) 239-4446

    4 in this area

    104 Total Sales

    Phillip Shirk
    Section Image
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20242020

Northeast Iowa Regional Board of REALTORS®

APN: 8913-24-353-004

Iowa Black Hawk County Waterloo 50703 Franklin Gateway

303 Lafayette St, Waterloo, IA

This home is located at 303 Lafayette St, Waterloo, IA 50703 and is currently priced at $70,000, approximately $59 per square foot. This property was built in 1909. 303 Lafayette St is a home located in Black Hawk County with nearby schools including Lowell Elementary School, Central Middle School, and West 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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