NOT LISTED FOR SALE

521 Locust St Waterloo, IA 50702

Church Row Neighborhood

Estimated Value: $67,000 - $83,056

2 Beds
2 Baths
816 Sq Ft
$89/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $68,000 $83 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $498/month

2 Days on Market

Highlights

  • 0.4 Acre Lot
  • Porch
  • Forced Air Heating System

About This Home

As of September 2023

Attention Investors! This is the perfect opportunity for those looking to build their portfolio. Located just a short walk away from Irving Elementary School, this duplex holds immense potential. Impressively, it has been under the same ownership since 1996, demonstrating its reliability and stability. Additionally, the property boasts a full basement, providing ample storage space for your convenience. A shared front porch adds to the charm and appeal of this gem. Don't delay any further; secure this promising investment now!

Last Agent to Sell the Property

Chris Carter

EXP Realty, LLC License #S60381 Listed on: 08/02/2023

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,031

Year Built

  • Built in 1909

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 30 x 60

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Laundry on lower level

Parking

  • 2 Open Parking Spaces
  • No Garage
  • On-Street Parking

Outdoor Features

  • Porch

Schools

  • Irving Elementary School
  • Central Intermediate
  • West High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units
  • Water Sewer Expense $62

Listing and Financial Details

  • Tenant pays for electricity, snow removal
  • Assessor Parcel Number 891326332017

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,031

Year Built

Built in 1909

Lot Details

0

Listing Details

  • Parcel Number: 891326332017
  • Year Built: 1909
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.4
  • Co List Office Phone: 833-835-5566
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 816
  • Architectural Style: Two Story, Duplex
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Below Grade Sq Ft: 816

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Porch
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 2
  • Parking Features: Street Parking, None

Utilities

  • Cooling: Window Unit(s)
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Garbage in Rent, Gas in Rent, Water in Rent
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 62

Schools

  • Elementary School: Irving Elementary
  • High School: West High
  • Middle Or Junior School: Central Intermediate

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 30 x 60
  • Lot Size Sq Ft: 1800

Rental Info

  • Tenant Pays: Electricity, Snow Removal
  • Lease Term: Over 9 Months,Other

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2023
Sold by
Even Homes Llc
Bought by
Mdtm Llc
Current Estimated Value
$73,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,200
Outstanding Balance
$54,497
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$22,657

Purchase Details

Listed on
Aug 2, 2023
Closed on
Sep 26, 2023
Sold by
Mass Investments Llc
Bought by
Even Homes Llc
Seller's Agent
Chris Carter
EXP Realty, LLC
List Price
$69,900
Sold Price
$68,000
Premium/Discount to List
-$1,900
-2.72%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.15%
Original Mortgage
$68,000
Interest Rate
7.09%
Mortgage Type
VA
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
Mdtm Llc $69,000 None Listed On Document
Even Homes Llc $68,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mdtm Llc $55,200
Previous Owner Even Homes Llc $68,000
Previous Owner Mass Investments Llc $410,000
Previous Owner Mass Investments Llc $34,628
Previous Owner Mass Investments Llc $41,878
Previous Owner Dawness Jeefrey R $47,354
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Sold $68,000 -2.7% $83 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $69,900 -- $86 / 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 $1,124 $70,050 $4,190 $65,860
2023 $1,060 $56,210 $4,190 $52,020
2022 $1,032 $48,250 $4,190 $44,060
2021 $1,022 $48,250 $4,190 $44,060
2020 $1,006 $45,110 $4,190 $40,920
2019 $1,006 $45,110 $4,190 $40,920
2018 $1,006 $45,110 $4,190 $40,920
2017 $1,038 $45,110 $4,190 $40,920
2016 $1,026 $45,240 $4,190 $41,050
2015 $1,026 $45,240 $4,190 $41,050
2014 $972 $42,080 $4,190 $37,890
Source: Public Records

Agents Affiliated with this Home

  • Chris Carter

    Seller's Agent in 2023

    Chris Carter

    EXP Realty, LLC

    (319) 230-3195

    2 in this area

    25 Total Sales

    Chris Carter
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20233224

Northeast Iowa Regional Board of REALTORS®

APN: 8913-26-332-017

Iowa Black Hawk County Waterloo 50702 Church Row

521 Locust St, Waterloo, IA

This home is located at 521 Locust St, Waterloo, IA 50702 since 02 August 2023 and is currently estimated at $73,014, approximately $89 per square foot. This property was built in 1909. 521 Locust St is a home located in Black Hawk County with nearby schools including Irving Elementary School, Central Middle School, and West High School.

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® 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.

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