NOT LISTED FOR SALE

409 W 7th St Cedar Falls, IA 50613

Estimated Value: $183,242 - $222,000

4 Beds
2 Baths
932 Sq Ft
$208/Sq Ft Est. Value

Last Sold August 10, 2015

Last sale price $125,000 $134 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,305/month

23 Days on Market

About This Home

As of August 2015

Cedar Falls duplex! Side by side 2 story, each unit having 2 bedrooms and 1 bath. Off street parking with alley access. One side leased, other side available July 1. Additional parcel next to property included in sale.

Last Agent to Sell the Property

Brian Page

Oakridge Real Estate License #B40102 Listed on: 06/19/2015

Oakridge Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,030

Year Built

  • Built in 1900

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 66 x66
  • Additional Parcels

Home Design

  • Duplex
  • Asphalt Roof
  • Masonite

Interior Spaces

  • 2-Story Property
  • Stone Basement

Parking

  • 2 Open Parking Spaces
  • Parking Available

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Heating System Uses Gas

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 891412335007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,030

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Parcel Number: 891412335007
  • Year Built: 1900
  • Property Sub-Type: Duplex
  • ResoLaundryFeatures: None
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 932
  • Architectural Style: Two Story
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Stone/Rock
  • Below Grade Sq Ft: 932

Exterior Features

  • Construction Type: Masonite
  • Siding: Masonite

Garage/Parking

  • Open Parking Spaces: 2
  • Parking Features: Detached, Parking Area

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Utilities: Other
  • Water Source: City

Schools

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

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 66 X66
  • Lot Size Sq Ft: 4356
  • Additional Parcels: Yes

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: 2030

Similar Home in Cedar Falls, IA

  • 721 Olive St, Cedar Falls, IA 50613

    $230,000

    • 2 Beds
    • 2 Baths
    • 696 Sq Ft
    • 721 Olive St
    • Cedar Falls, IA

    Fully rented multi-unit property in a prime Cedar Falls location — just minutes from the college campus and vibrant downtown living. This well-maintained duplex features two 1 bed, 1 bath units. The upstairs unit is currently rented at $900/month, while the downstairs brings in $924/month. Strong rental history and excellent proximity to UNI make this a turnkey opportunity for steady cash flow!

    Nicolas Moran Realty ONE Group Movement

    Section Image

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

Mortgage History

Date Status Borrower Loan Amount
Closed Graening Jared A $275,330
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2015 08/10/15 Sold $125,000 -13.7% $134 / Sq Ft
07/12/2015 07/12/15 Pending -- -- --
06/19/2015 06/19/15 For Sale $144,900 -- $155 / 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 $2,678 $171,270 $22,110 $149,160
2023 $2,600 $171,270 $22,110 $149,160
2022 $2,632 $140,870 $22,110 $118,760
2021 $2,478 $140,870 $22,110 $118,760
2020 $2,430 $133,130 $14,370 $118,760
2019 $2,430 $133,130 $14,370 $118,760
2018 $2,240 $121,260 $14,370 $106,890
2017 $2,290 $121,260 $14,370 $106,890
2016 $2,142 $121,260 $14,370 $106,890
2015 $2,142 $121,260 $14,370 $106,890
2014 $2,080 $116,400 $14,370 $102,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20154155

Northeast Iowa Regional Board of REALTORS®

APN: 8914-12-335-007