NOT LISTED FOR SALE

320 W 4th St Cedar Falls, IA 50613

Estimated Value: $266,000 - $390,900

6 Beds
4 Baths
1,697 Sq Ft
$198/Sq Ft Est. Value

Last Sold March 23, 2022

Last sale price $242,000 $143 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $2,285/month

4 Days on Market

Highlights

  • Central Air
  • Garage
  • 3-minute walk to Overman Park
  • Holmes Junior High School Rated A-

About This Home

As of March 2022

OPTIONS! OPTIONS! OPTIONS! This corner lot is located downtown Cedar Falls and zoned commercial. It has recently been used as an up/down duplex. On the main floor you will find an expansive area with an open kitchen, huge dining area, an enclosed porch, and living room, to go with 3 bedrooms and 2 baths. Outside, there is a detached garage that would fit 3 cards as well as large concrete driveway for additional parking. Upstairs are 3 bedrooms and 3 bathrooms, as well as a family area. It could also be used for various business possibilities. There are several portions of this 3000+ sq ft house that sectioned off for commercial use while still being used as a residential rental. Recent updates include the siding, roof, furnace, and AC. Unleash all the potential of this centrally located, perfectly zoned property

Last Agent to Sell the Property

Danielle Morris

Berkshire Hathaway Home Services One Realty Centre License #S614440 Listed on: 02/02/2022

Berkshire Hathaway Home Services One Realty Centre

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,849

Year Built

  • Built in 1880

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Stone Basement
  • Laundry in Kitchen

Parking

  • Garage
  • 6 Open Parking Spaces
  • Over 1 Space Per Unit
  • Parking Available
  • Parking Garage Space

Schools

  • Lincoln Elementary Cf
  • Holmes Junior High
  • Cedar Falls High School

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • 3 Units
  • Water Sewer Expense $244

Listing and Financial Details

  • Assessor Parcel Number 891412327001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,849

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Parcel Number: 891412327001
  • Year Built: 1880
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: In Kitchen
  • Co List Office Phone: 319-277-1077
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1697
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Stone/Rock
  • Below Grade Sq Ft: 1282

Exterior Features

  • Construction Type: Vinyl Siding
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 6
  • Parking Features: Detached, Garage, Over 1 Space, Parking Area, Parking Garage, Paved

Utilities

  • Cooling: Central Air
  • Heating: Gas
  • Sewer: City Sewer
  • Utilities: Other
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 244

Schools

  • Elementary School: Lincoln Elementary CF
  • High School: Cedar Falls High
  • Middle Or Junior School: Holmes Junior High

Lot Info

  • Zoning: C-1
  • Lot Dimensions: 66x132
  • Lot Size Sq Ft: 8712

Rental Info

  • Tenant Pays: None
  • Lease Term: Other

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 4849

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Feb 22, 2022
Sold by
Ming Zheng
Bought by
Hellman Nicholas Anthony and Hellman Sarah Jo
Seller's Agent
Danielle Morris
Berkshire Hathaway Home Services One Realty Centre
List Price
$229,900
Sold Price
$242,000
Premium/Discount to List
$12,100
5.26%
Current Estimated Value
$335,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,475
Avg. Annual Appreciation
9.72%
Original Mortgage
$179,250
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2021
Sold by
Zheng Ying
Bought by
Zheng Ming

Purchase Details

Listed on
Jun 10, 2016
Closed on
Aug 23, 2016
Sold by
Nrz Reo Inventory Corp
Bought by
Zheng Ming
Seller's Agent
Zach Beschorner
Fusion, REALTORS
List Price
$89,900
Sold Price
$72,000
Premium/Discount to List
-$17,900
-19.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.47%

Purchase Details

Closed on
Jul 29, 2015
Sold by
Sheriff Of Black Hawk County
Bought by
Jpmorgan Chase Bank National Association
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Hellman Nicholas Anthony $239,000 New Title Company Name
Zheng Ming -- None Available
Zheng Ming $72,000 None Available
Jpmorgan Chase Bank National Association $99,581 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hellman Nicholas Anthony $179,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2022 03/23/22 Sold $242,000 +5.3% $143 / Sq Ft
02/06/2022 02/06/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $229,900 +219.3% $135 / Sq Ft
08/31/2016 08/31/16 Sold $72,000 -19.9% $42 / Sq Ft
07/19/2016 07/19/16 Pending -- -- --
06/10/2016 06/10/16 For Sale $89,900 -- $53 / 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 $6,082 $377,910 $32,340 $345,570
2023 $5,018 $363,000 $32,340 $330,660
2022 $5,078 $271,770 $32,340 $239,430
2021 $4,850 $271,770 $32,340 $239,430
2020 $4,754 $260,450 $21,020 $239,430
2019 $4,754 $260,450 $21,020 $239,430
2018 $4,598 $260,450 $21,020 $239,430
2017 $3,030 $248,790 $21,020 $227,770
2016 $2,836 $160,490 $21,020 $139,470
2015 $2,836 $160,490 $21,020 $139,470
2014 $2,600 $154,150 $21,020 $133,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20220373

Northeast Iowa Regional Board of REALTORS®

APN: 8914-12-327-001