NOT LISTED FOR SALE

414 5th Ave SW Waverly, IA 50677

Estimated Value: $176,000 - $208,000

4 Beds
2 Baths
1,728 Sq Ft
$111/Sq Ft Est. Value

Last Sold February 20, 2020

Last sale price $150,000 $87 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,258/month

3 Days on Market

Highlights

  • Deck
  • Garage
  • Level Lot
  • Baseboard Heating
  • Heating System Uses Steam
  • 1-minute walk to Kid's Kingdom Park

About This Home

As of February 2020

Fantastic location directly across the street from a park and swimming pool. Within walking distance to the City golf course and hospital. The top unit features two bedrooms and the bottom has one very large bedroom. Each unit has individual washer and dryer. Located off the back alley is a two stall garage that could be shared or designated for one of the units. There is also a shed in the back with a concrete parking area next to it. The front of the garage is paved and has a basketball hoop. There's one gas meter that the owner pays averaging $63 per month. Each unit has a thermostat for heat. The water and electric meters are separate and paid by the renters. Electric, water, sewer, garbage and recycling averages $135 summer and $115 in the winter per month. All appliances included.

Last Agent to Sell the Property

Jeff Jones

Structure Real Estate License #S66956000 Listed on: 01/11/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 1977

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132
  • Level Lot

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Masonite

Laundry

  • Laundry in Hall
  • Laundry on lower level
  • Washer and Gas Dryer Hookup

Parking

  • Garage
  • 3 Open Parking Spaces
  • Parking Available
  • On-Street Parking

Outdoor Features

  • Deck
  • Storage Shed

Schools

  • Waverly / Shellrock Elementary And Middle School
  • Waverly / Shellrock High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Steam
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Water Sewer Expense $35

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, trash collection, water
  • Assessor Parcel Number 0903433009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,100

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Parcel Number: 0903433009
  • Year Built: 1977
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: 2nd Floor, Dryer Hookup-Gas, Dryer Hookup-Ele, In Hall, Laundry Closet, Lower Level, Washer Hookup
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.2
  • Road Frontage Type: Hard Surface Road
  • Co List Office Phone: 319-277-2121
  • MLS Status: Closed
  • Architectural Style: Duplex
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Below Grade Sq Ft: 864

Exterior Features

  • Construction Type: Masonite, Vinyl Siding
  • Exterior Features: Sidewalk, Deck, Storage Shed
  • Siding: Masonite,Vinyl

Garage/Parking

  • Open Parking Spaces: 3
  • Parking Features: Detached, Garage, Parking Area, Parking Space, Paved, Street Parking

Utilities

  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Gas, Steam
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual, Gas in Rent, Water - Multiple Meters
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 35

Schools

  • Elementary School: Waverly / Shellrock
  • High School: Waverly / Shellrock
  • Middle Or Junior School: Waverly / Shellrock

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 66 x 132
  • Lot Size Sq Ft: 8712

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Trash Collection, Water
  • Lease Term: Other

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2020
Closed on
Feb 17, 2020
Sold by
Leary Michael D and Leary Julie A
Bought by
Hof Nathan A
Seller's Agent
Jeff Jones
Structure Real Estate
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%
Current Estimated Value
$188,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,804
Avg. Annual Appreciation
4.58%
Original Mortgage
$112,500
Outstanding Balance
$100,455
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$91,472
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Hof Nathan A $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hof Nathan A $112,500
Previous Owner Leary Michael D $82,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2020 02/20/20 Sold $150,000 -3.2% $87 / Sq Ft
01/14/2020 01/14/20 Pending -- -- --
01/11/2020 01/11/20 For Sale $155,000 -- $90 / 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 $2,746 $148,900 $26,400 $122,500
2023 $2,468 $157,200 $23,100 $134,100
2022 $2,384 $127,010 $23,100 $103,910
2021 $2,368 $127,010 $23,100 $103,910
2020 $2,368 $118,020 $19,800 $98,220
2019 $2,100 $111,290 $0 $0
2018 $2,058 $111,290 $0 $0
2017 $2,222 $111,410 $0 $0
2016 $2,222 $111,410 $0 $0
2015 $2,222 $104,120 $0 $0
2014 $2,126 $104,120 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20200161

Northeast Iowa Regional Board of REALTORS®

APN: 09-03-433-009