NOT LISTED FOR SALE

306-308 E Donald St Waterloo, IA 50703

Gates Park Neighborhood

Estimated Value: $78,000 - $127,000

4 Beds
1 Bath
1,492 Sq Ft
$71/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2025

Last sale price $120,000 $80 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $714 / mo

26 Days on Market

About This Home

As of July 2025

Great location for this side by side duplex. Close to the hospital, restaurants, and shopping. Close proximity to Gates Park Golf Course. Unit 306 rented for $675/month Unit 308 is currently vacant. 24 hour notice for showing tenant side.

Last Agent to Sell the Property

Ron Garris, CRB,CRS

AWRE - Commercial & Development License #B04341 Listed on: 05/30/2025

Last Buyer's Agent

Gary Anderson

RE/MAX Concepts - Cedar Falls License #S59171000

RE/MAX Concepts - Cedar Falls

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,617

Year Built

  • Built in 1960

Lot Details

  • 7,020 Sq Ft Lot
  • Lot Dimensions are 130x54

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding

Parking

  • Garage
  • 4 Open Parking Spaces
  • On-Street Parking

Schools

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

Additional Features

  • Washer and Gas Dryer Hookup
  • Central Air

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, lawn care, snow removal, trash collection, water
  • Assessor Parcel Number 891313103001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,617

Year Built

Built in 1960

Lot Details

7,020 Sq Ft Lot

Listing Details

  • Parcel Number: 891313103001
  • Year Built: 1960
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Dryer Hookup-Gas, Washer Hookup
  • Co List Office Phone: 319-269-2477
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1492
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Below Grade Sq Ft: 1492

Exterior Features

  • Construction Type: Aluminum Siding
  • Siding: Aluminum

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: Garage, On Street, Detached

Utilities

  • Cooling: Central Air
  • Sewer: Public Sewer
  • Utilities: Cable Paid by Individual, Garbage Pd by Individual, Water - Multiple Meters
  • Water Source: Public

Schools

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

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 130x54
  • Lot Size Sq Ft: 7020

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: 2

Tax Info

  • Tax Annual Amount: 1617

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2025
Closed on
Jul 31, 2025
Sold by
Stokes Development Llc
Bought by
Wardell Rhett
Seller's Agent
Ron Garris, CRB,CRS
AWRE - Commercial & Development
Buyer's Agent
Gary Anderson
RE/MAX Concepts - Cedar Falls
List Price
$145,000
Sold Price
$120,000
Premium/Discount to List
-$25,000
-17.24%
Views
32
Current Estimated Value
$106,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,460
Avg. Annual Appreciation
-14.15%
Original Mortgage
$65,000
Outstanding Balance
$64,941
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$41,599

Purchase Details

Closed on
Aug 10, 2011
Sold by
Stokes W C and Stokes Esther
Bought by
Stokes Developments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Wardell Rhett $120,000 Abstract Title
Stokes Developments Llc -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Wardell Rhett $65,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2025 07/31/25 Sold $120,000 -17.2% $80 / Sq Ft
06/25/2025 06/25/25 Pending -- -- --
05/30/2025 05/30/25 For Sale $145,000 -- $97 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

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 $1,754 $104,120 $11,260 $92,860
2024 $1,754 $80,860 $11,260 $69,600
2023 $1,608 $80,860 $11,260 $69,600
2022 $1,566 $73,210 $11,260 $61,950
2021 $1,422 $73,210 $11,260 $61,950
2020 $1,400 $62,790 $10,370 $52,420
2019 $1,400 $62,790 $10,370 $52,420
2018 $1,400 $62,790 $10,370 $52,420
2017 $1,400 $62,790 $10,370 $52,420
2016 $1,326 $58,460 $10,370 $48,090
2015 $1,326 $58,460 $10,370 $48,090
2014 $1,574 $68,080 $10,370 $57,710
Source: Public Records

Agents Affiliated with this Home

  • Ron Garris, CRB,CRS

    Seller's Agent in 2025

    Ron Garris, CRB,CRS

    AWRE - Commercial & Development

    (319) 231-2100

    7 in this area

    64 Total Sales

    Ron Garris, CRB,CRS
    Section Image

  • G

    Buyer's Agent in 2025

    Gary Anderson

    RE/MAX

    Section Image
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20252512

Northeast Iowa Regional Board of REALTORS®

APN: 8913-13-103-001

Iowa Black Hawk County Waterloo 50703 Gates Park

306-308 E Donald St, Waterloo, IA

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Northeast Iowa Regional Board of REALTORS® All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Listings courtesy of Northeast Iowa Regional Board of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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