NOT LISTED FOR SALE

509 Olive St Cedar Falls, IA 50613

Estimated Value: $151,000 - $190,000

2 Beds
1 Bath
1,294 Sq Ft
$130/Sq Ft Est. Value

Sale Details

Date Sold: July 28, 2017

Last sale price $130,000 $100 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,090 / mo

1 Day on Market

Highlights

  • Wood Flooring
  • Porch
  • Forced Air Heating and Cooling System
  • Holmes Junior High School Rated A-
  • Garden
  • Ceiling Fan

About This Home

As of July 2017

Solid two bedroom home highlighted by classic woodwork and hardwood floors located in the heart of Cedar Falls. The kitchen features stainless steel appliances, a new floor, and a back entryway perfect for coats and shoes. There is a large formal dining room and an enclosed front porch for extra space. On the second level you find two huge bedrooms, a master bedroom walk-in closet, and a bathroom with a tiled shower. Enjoy the oversized one stall garage, fenced in yard, and garden area. The concrete driveway has been recently replaced.

Last Agent to Sell the Property

Clint Rowe

Huff Land Company License #B605720 Listed on: 06/20/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,806

Year Built

  • Built in 1925

Lot Details

  • 5,808 Sq Ft Lot
  • Lot Dimensions are 44x132
  • Privacy Fence
  • Fenced
  • Garden
  • Property is zoned R-2

Parking

  • 1 Car Garage

Home Design

  • Concrete Foundation
  • Asphalt Roof
  • Aluminum Siding
  • Radon Mitigation System

Interior Spaces

  • 1,294 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • Sump Pump
  • Fire and Smoke Detector
  • Laundry on lower level

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 891412305004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,806

Year Built

Built in 1925

Lot Details

5,808 Sq Ft Lot

Listing Details

  • Parcel Number: 891412305004
  • Year Built: 1925
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.133
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-415-6226
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Interior Features: Hardwood Floors
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 1294
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Dishwasher, Disposal, Free-Standing Range, Sump Pump, Refrigerator, Gas Water Heater
  • Basement: Concrete, Radon Mitigation System
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • BelowGradeArea: 616

Exterior Features

  • Construction Type: Aluminum Siding
  • Exterior Features: Sidewalk, Fenced Yard, Garden, Porch, Fence Privacy

Garage/Parking

  • Parking Features: 1 Stall, Oversized

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: City Sewer
  • 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: 44x132
  • Lot Size Sq Ft: 5808
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1806

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2017
Closed on
Jul 28, 2017
Sold by
Heuer Lucas B and Heuer Kathleen M
Bought by
Hermansen Abbey M
Seller's Agent
Clint Rowe
Huff Land Company
List Price
$129,900
Sold Price
$130,000
Premium/Discount to List
$100
0.08%
Current Estimated Value
$174,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,073
Avg. Annual Appreciation
2.93%
Original Mortgage
$117,000
Outstanding Balance
$96,147
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$71,706

Purchase Details

Closed on
May 13, 2013
Sold by
Murphy Patrick M and Murphy Kimberly
Bought by
Heuer Lucas B and Heuer Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,215
Interest Rate
3.38%
Mortgage Type
Credit Line Revolving
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
Hermansen Abbey M -- None Available
Heuer Lucas B $122,500 Title Services Corporation
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 Hermansen Abbey M $117,000
Previous Owner Heuer Lucas B $12,215
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2017 07/28/17 Sold $130,000 +0.1% $100 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $129,900 -- $100 / 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 $1,988 $148,800 $30,180 $118,620
2024 $1,988 $133,750 $19,400 $114,350
2023 $1,820 $133,750 $19,400 $114,350
2022 $1,842 $107,500 $19,400 $88,100
2021 $1,742 $107,500 $19,400 $88,100
2020 $1,704 $102,180 $14,010 $88,170
2019 $1,704 $102,180 $14,010 $88,170
2018 $1,728 $102,180 $14,010 $88,170
2017 $1,768 $102,180 $14,010 $88,170
2016 $1,652 $102,180 $14,010 $88,170
2015 $1,652 $102,180 $14,010 $88,170
2014 $1,598 $98,160 $14,010 $84,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20173431

Northeast Iowa Regional Board of REALTORS®

APN: 8914-12-305-004

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