NOT LISTED FOR SALE

524 W 6th St Cedar Falls, IA 50613

Estimated Value: $156,000 - $181,000

5 Beds
3 Baths
1,135 Sq Ft
$152/Sq Ft Est. Value

Last Sold January 21, 2022

Last sale price $124,900 $110 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,147/month

16 Days on Market

Highlights

  • Porch
  • Holmes Junior High School Rated A-
  • Forced Air Heating System

About This Home

As of January 2022

Nice 2 bedroom duplex located close to downtown. Newer roof and some newer windows. Lower unit rents for $825 and upper unit for $670. LL pays utilities which average $254 per month.

Last Agent to Sell the Property

Timothy Rogers

One Realty Centre License #B39517000 Listed on: 12/01/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,154

Year Built

  • Built in 1870

Lot Details

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

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Laundry on lower level

Parking

  • 1 Open Parking Space
  • No Garage
  • Parking Available
  • Paved Parking

Outdoor Features

  • Porch

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 891412312001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,154

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Parcel Number: 891412312001
  • Year Built: 1870
  • Property Sub-Type: Duplex
  • ResoLaundryFeatures: Lower Level
  • Co List Office Phone: 319-277-1077
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1135
  • Architectural Style: Two Story
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Below Grade Sq Ft: 397

Exterior Features

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

Garage/Parking

  • Open Parking Spaces: 1
  • Parking Features: None, Parking Area, Parking Space, Paved

Utilities

  • Cooling: None
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Utilities: Electric in Rent, Gas in Rent, Water in Rent
  • 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: 66x66
  • Lot Size Sq Ft: 4356

Rental Info

  • Tenant Pays: None
  • Lease Term: Other

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2154

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2022
Sold by
Meacham Shuaib J and Meacham Sohyun
Bought by
Sjhm Rentals Llc
Current Estimated Value
$172,827

Purchase Details

Listed on
Dec 1, 2021
Closed on
Jan 21, 2022
Sold by
Mershon Rentals Llc
Bought by
Meacham Shuaib J and Meacham Sohyun
Seller's Agent
Timothy Rogers
One Realty Centre
List Price
$136,900
Sold Price
$124,900
Premium/Discount to List
-$12,000
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.60%
Original Mortgage
$93,675
Interest Rate
2.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 30, 2013
Sold by
Bauch James C and Bauch Christina B
Bought by
Mershon Enterprises Lc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.14%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Similar Home in Cedar Falls, IA

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    • 4 Beds
    • 3 Baths
    • 1,470 Sq Ft
    • 115 W 15th St
    • Cedar Falls, IA

    Investors!! Three unit property in central Cedar Falls location. Units one and two are located on the main level, unit three is located on the second floor. Unit one has two bedrooms and one bathroom, unit two has one bedroom, an office and one bathroom and unit three has one bedroom and one bathroom. Units one and two each share the two stall garage and have laundry in the basement. Unit one

    Amy Wienands AWRE, EXP Realty, LLC

    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

Purchase History

Date Buyer Sale Price Title Company
Sjhm Rentals Llc $1,000 None Listed On Document
Meacham Shuaib J $125,000 Title Services Corp (Tsc)
Mershon Enterprises Lc $102,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meacham Shuaib J $93,675
Previous Owner Mershon Enterprises L C $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2022 01/21/22 Sold $124,900 0.0% $110 / Sq Ft
12/17/2021 12/17/21 Pending -- -- --
12/15/2021 12/15/21 Price Changed $124,900 -8.8% $110 / Sq Ft
12/01/2021 12/01/21 For Sale $136,900 -- $121 / 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 $2,216 $141,690 $22,110 $119,580
2023 $2,278 $141,690 $22,110 $119,580
2022 $2,306 $123,410 $22,110 $101,300
2021 $2,154 $123,410 $22,110 $101,300
2020 $2,112 $115,670 $14,370 $101,300
2019 $2,112 $115,670 $14,370 $101,300
2018 $1,950 $105,540 $14,370 $91,170
2017 $1,992 $105,540 $14,370 $91,170
2016 $1,866 $105,540 $14,370 $91,170
2015 $1,866 $105,540 $14,370 $91,170
2014 $1,860 $104,010 $14,370 $89,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20215643

Northeast Iowa Regional Board of REALTORS®

APN: 8914-12-312-001