NOT LISTED FOR SALE

520 Maynard Ave Unit 522 Waterloo, IA 50701

Edison Neighborhood

Estimated Value: $85,000 - $103,000

2 Beds
2 Baths
942 Sq Ft
$99/Sq Ft Est. Value

Last Sold January 19, 2021

Last sale price $72,000 $76 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $638/month

6 Days on Market

Highlights

  • City View
  • 1-Story Property
  • Wood Siding
  • Covered Patio or Porch
  • Level Lot

About This Home

As of January 2021

Fantastic Investment Opportunity. Nicely maintained duplex w/2 1 BDR units. Central location, fully rented. Freshly painted exterior, clean and bright interior. Washer/Dryer in each unit. Great starter rental for the new investor or easy addition to your existing portfolio.

Last Agent to Sell the Property

Steven Burrell

Structure Real Estate License #B39333000 Listed on: 12/09/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,388

Year Built

  • Built in 1924

Lot Details

  • 5,180 Sq Ft Lot
  • Lot Dimensions are 70x74
  • Level Lot

Home Design

  • Duplex
  • Concrete Foundation
  • Block Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • City Views
  • Partially Finished Basement
  • Interior Basement Entry

Laundry

  • Laundry on lower level
  • Washer and Gas Dryer Hookup

Parking

  • 5 Open Parking Spaces
  • No Garage
  • Parking Available
  • Off-Site Parking

Schools

  • Fred Becker Elementary School
  • Central Intermediate
  • East High School

Additional Features

  • Covered Patio or Porch
  • Window Unit Cooling System

Community Details

  • 2 Units
  • Gross Income $800

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, snow removal, trash collection, water
  • Assessor Parcel Number 891322154001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,388

Year Built

Built in 1924

Lot Details

5,180 Sq Ft Lot

Listing Details

  • Parcel Number: 891322154001
  • Year Built: 1924
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Dryer Hookup-Gas, Lower Level, Washer Hookup
  • ResoLotFeatures: Level, City View
  • Lot Size Acres: 0.12
  • Road Frontage Type: Hard Surface Road, Paved Road
  • Co List Office Phone: 319-260-2016
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 942
  • Architectural Style: One Story, Duplex
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block, Concrete, Entrance-Inside, Floor Drain, Partially Finished
  • Below Grade Sq Ft: 942

Exterior Features

  • Construction Type: Wood Siding
  • Exterior Features: Patio-Covered
  • Siding: Wood

Garage/Parking

  • Open Parking Spaces: 5
  • Parking Features: None, Gravel, Off Site, Parking Area

Utilities

  • Cooling: Window Unit(s)
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual, Gas Individual Meters, Separate Meters, Water - Multiple Meters
  • Water Source: City

Schools

  • Elementary School: Fred Becker Elementary
  • High School: East High
  • Middle Or Junior School: Central Intermediate

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 70X74
  • Lot Size Sq Ft: 5180
  • Additional Parcels: No

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas, Heat, Snow Removal, Trash Collection, Water
  • Lease Term: Over 9 Months

Multi Family

  • Gross Income: 800
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1388

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Jan 16, 2021
Sold by
Devine Michael and Devine Kerry
Bought by
Maka Properties Llc
Seller's Agent
Steven Burrell
Structure Real Estate
List Price
$79,500
Sold Price
$72,000
Premium/Discount to List
-$7,500
-9.43%
Current Estimated Value
$93,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,542
Avg. Annual Appreciation
5.29%
Original Mortgage
$61,200
Outstanding Balance
$54,496
Interest Rate
2.71%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$39,046

Purchase Details

Listed on
Jul 1, 2015
Closed on
Nov 18, 2015
Sold by
Whiteside Harry
Bought by
Devine Michael and Devine Kerry
Seller's Agent
Timothy Rogers
One Realty Centre
List Price
$69,900
Sold Price
$49,000
Premium/Discount to List
-$20,900
-29.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.74%
Original Mortgage
$36,750
Interest Rate
3.78%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Maka Properties Llc $72,000 None Available
Devine Michael $49,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maka Properties Llc $61,200
Previous Owner Devine Michael $36,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/19/2021 01/19/21 Sold $72,000 -9.4% $76 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $79,500 +62.2% $84 / Sq Ft
11/23/2015 11/23/15 Sold $49,000 -29.9% $52 / Sq Ft View Prior Sale
10/14/2015 10/14/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $69,900 -- $74 / 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 $1,878 $103,560 $16,610 $86,950
2024 $1,878 $86,550 $16,610 $69,940
2023 $1,510 $86,550 $16,610 $69,940
2022 $1,470 $68,720 $16,610 $52,110
2021 $1,412 $68,720 $16,610 $52,110
2020 $1,388 $62,330 $10,220 $52,110
2019 $1,388 $62,330 $10,220 $52,110
2018 $1,470 $62,330 $10,220 $52,110
2017 $1,390 $62,330 $10,220 $52,110
2016 $1,414 $62,330 $10,220 $52,110
2015 $1,414 $62,330 $10,220 $52,110
2014 $1,442 $62,330 $10,220 $52,110
Source: Public Records

Agents Affiliated with this Home

  • Steven Burrell

    Seller's Agent in 2021

    Steven Burrell

    Structure Real Estate

    (319) 239-2485

    1 in this area

    129 Total Sales

    Steven Burrell
    Section Image

  • T

    Seller's Agent in 2015

    Timothy Rogers

    One Realty Centre

    Section Image
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20206049

Northeast Iowa Regional Board of REALTORS®

APN: 8913-22-154-001

Iowa Black Hawk County Waterloo 50701 Edison

520 Maynard Ave Unit 522, Waterloo, IA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northeast Iowa Regional Board of REALTORS® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

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