Kevin Kolbet
Kolbet Realtors
(641) 552-0245
261 Total Sales
1 in Cedar Falls
$195,000 Price
321 Clay St Cedar Falls, IA 50613
Cedar Falls AreaEstimated Value: $246,000 - $302,000
4
Beds
5
Baths
1,412
Sq Ft
$199/Sq Ft
Est. Value
About This Home
As of November 2025If you are looking for your next investment opportunity, then look no further. Check out this 4 unit complex just off of main street in Cedar Falls. This property features (3) one bedroom units, and (1) two bedroom unit. The many updates include new paint, new flooring, a newly added laundry room in the basement, and many more. Schedule your showing today to see this great complex!
Last Agent to Sell the Property
Structure Real Estate License #S64843000 Listed on: 02/06/2025
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,503
Year Built
- Built in 1880
Lot Details
- 5,478 Sq Ft Lot
- Lot Dimensions are 66 x 83
Home Design
- Quadruplex
- Asphalt Roof
- Vinyl Siding
Parking
- Garage
- 1 Open Parking Space
- On-Street Parking
Schools
- Lincoln Elementary Cf
- Holmes Junior High
- Cedar Falls High School
Additional Features
- Laundry on main level
- Window Unit Cooling System
- Partially Finished Basement
Community Details
- 4 Units
Listing and Financial Details
- Tenant pays for garbage pick-up, gas, heat, trash collection, water
- Assessor Parcel Number 891412186006
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 6, 2025
Closed on
Nov 3, 2025
Sold by
Bought by
Seller's Agent
Tyler Bice
Structure Real Estate
Buyer's Agent
Tyler Bice
Structure Real Estate
List Price
$300,000
Sold Price
$270,000
Premium/Discount to List
-$30,000
-10%
Views
78
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,586
Avg. Annual Appreciation
5.76%
Purchase Details
Closed on
Mar 1, 2023
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
6.15%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 15, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,003,500
Interest Rate
3.56%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Cedar Falls, IA
-
Kevin Kolbet
-
Nancy Conklin
Nancy Conklin
Century 21 Signature Real Estate - Cedar Falls
(319) 429-7424
29 Total Sales
5 in Cedar Falls
$184K - $478K Price Range
-
Jaime Hymer
Jaime Hymer
Pinnacle Realty
(319) 382-0391
320 Total Sales
1 in Cedar Falls
$140,000 Price
-
Andy Erselius
Andy Erselius
AE Realty, Inc
(641) 934-3071
182 Total Sales
1 in Cedar Falls
$452,000 Price
-
Lindsey Bierman
Lindsey Bierman
Epique Realty
(319) 271-1527
48 Total Sales
3 in Cedar Falls
$45K - $275K Price Range
-
Sarah Buchheit
Sarah Buchheit
Pella Real Estate Services
(641) 627-6695
198 Total Sales
2 in Cedar Falls
$188K - $260K Price Range
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 |
|---|---|---|---|
| $270,000 | None Listed On Document | ||
| $265,000 | Title Services | ||
| -- | None Listed On Document |
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 |
|---|---|---|---|
| Previous Owner | $198,750 | ||
| Previous Owner | $6,003,500 | ||
| Previous Owner | $2,800,000 | ||
| Previous Owner | $100,000 |
Source: Public Records
Property 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 | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/03/2025 11/03/25 | Sold | $270,000 | -1.8% | $191 / Sq Ft |
| 10/10/2025 10/10/25 | Pending | -- | -- | -- |
| 09/19/2025 09/19/25 | Price Changed | $275,000 | -4.5% | $195 / Sq Ft |
| 06/27/2025 06/27/25 | Price Changed | $288,000 | -2.2% | $204 / Sq Ft |
| 04/15/2025 04/15/25 | Price Changed | $294,500 | -1.7% | $209 / Sq Ft |
| 02/24/2025 02/24/25 | Price Changed | $299,500 | 0.0% | $212 / Sq Ft |
| 02/10/2025 02/10/25 | Off Market | -- | -- | -- |
| 02/06/2025 02/06/25 | For Sale | $300,000 | 0.0% | $212 / Sq Ft |
| 01/20/2025 01/20/25 | For Rent | -- | -- | -- |
Source: Northeast Iowa Regional Board of REALTORS®
Tax 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.
| 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 | $4,106 | $277,300 | $39,110 | $238,190 |
| 2024 | $4,106 | $228,890 | $26,070 | $202,820 |
| 2023 | $4,502 | $228,890 | $26,070 | $202,820 |
| 2022 | $4,086 | $218,730 | $31,280 | $187,450 |
| 2021 | $3,684 | $218,730 | $31,280 | $187,450 |
| 2020 | $3,612 | $197,900 | $31,280 | $166,620 |
| 2019 | $3,612 | $197,900 | $31,280 | $166,620 |
| 2018 | $3,400 | $184,010 | $31,280 | $152,730 |
| 2017 | $3,212 | $184,010 | $31,280 | $152,730 |
| 2016 | $3,006 | $170,130 | $31,280 | $138,850 |
| 2015 | $3,006 | $170,130 | $31,280 | $138,850 |
| 2014 | $3,410 | $170,130 | $31,280 | $138,850 |
Source: Public Records
Agents Affiliated with this Home
-
Tyler Bice
Seller's Agent in 2025
Tyler Bice
Structure Real Estate
(612) 263-0217
78 Total Sales
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20250501
APN: 8914-12-186-006
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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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