NOT LISTED FOR SALE

525 Clair St Unit A & B Cedar Falls, IA 50613

Estimated Value: $261,000 - $294,000

4 Beds
2 Baths
1,680 Sq Ft
$167/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $240,000 $143 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,817/month

189 Days on Market

Highlights

  • Deck
  • Landscaped with Trees
  • Ceiling Fan
  • Holmes Junior High School Rated A-
  • Forced Air Heating and Cooling System
  • Baseboard Heating

About This Home

As of December 2019

Newer duplex w/huge garages under. Quality oak cabinets & solid oak panel doors. Floors are ceramic tile & laminate. Rented pet friendly. Has laundry, microwaves, dishwashers & ice makers. Property includes 24 x 26 detach. garage shop w/finished attic office w/heat & A/C. 1/2 bath can be added. Has city approval. PERFECT FOR HOBBIES, ART STUDIO, WOOD WORKING SHOP, TOY CARS, ETC. Could be owner-occupied in one unit and rent 2nd unit to cover most of the P.I.T.I. payment. Parents of students take note!!

Last Agent to Sell the Property

Steve Conrad

Lockard Realty Company License #S6205200 Listed on: 04/12/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,198

Year Built

  • Built in 2011

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 120 x 148
  • Level Lot
  • Landscaped with Trees

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Laundry

  • Laundry in Hall
  • Laundry on main level
  • Laundry in Garage
  • Laundry in Kitchen
  • Washer and Electric Dryer Hookup

Parking

  • Garage
  • 16 Open Parking Spaces
  • Tuck Under Garage
  • Parking Available
  • On-Street Parking

Outdoor Features

  • Deck
  • Outbuilding

Schools

  • North Cedar Elementary School
  • Holmes Junior High
  • Cedar Falls High School

Utilities

  • Forced Air Heating and Cooling System
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, heat, trash collection, water
  • Assessor Parcel Number 891401104021

Community Details

Overview

  • 2 Units
  • Built by Conrad Construction Co.
  • Cedar Acres Addition Subdivision

Building Details

  • Gross Income $25,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,198

Year Built

Built in 2011

Lot Details

0

Listing Details

  • Parcel Number: 891401104021
  • Year Built: 2011
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: 1st Floor, Dryer Hookup-Ele, In Garage, In Hall, In Kitchen, Laundry Closet, Washer Hookup
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.408
  • Road Frontage Type: Hard Surface Road, Paved Road
  • Co List Office Phone: 319-277-8000
  • MLS Status: Closed
  • Subdivision Name: Cedar Acres Addition
  • Above Grade Finished Sq Ft: 1680
  • Architectural Style: Two Story, Duplex
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None

Exterior Features

  • Construction Type: Frame, Shingle/Shake, Vinyl Siding
  • Exterior Features: Deck, Outbuilding(s), Trees
  • Siding: Vinyl
  • CompletionDate: 2011-06-01

Garage/Parking

  • Open Parking Spaces: 16
  • Parking Features: Tuckunder Garage, Garage, Parking Area, Paved, Street Parking

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Baseboard, Electric, Forced Air
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Garbage Pd by Individual, Separate Meters
  • Water Source: City

Schools

  • Elementary School: North Cedar Elementary
  • High School: Cedar Falls High
  • Middle Or Junior School: Holmes Junior High

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 120 x 148
  • Lot Size Sq Ft: 17760
  • Additional Parcels: No

Building Info

  • Builder Name: Conrad Construction Co.

Rental Info

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

Multi Family

  • Gross Income: 25200
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3198

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2014
Sold by
Conrad Steve S
Bought by
Maurice Clayton Larson Inc
Current Estimated Value
$281,085
Source: Public Records

Range of Values:

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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
Maurice Clayton Larson Inc $249,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2019 12/23/19 Sold $240,000 -7.7% $143 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
10/02/2019 10/02/19 Price Changed $260,000 -1.0% $155 / Sq Ft
09/05/2019 09/05/19 Price Changed $262,500 -0.9% $156 / Sq Ft
07/18/2019 07/18/19 Price Changed $264,900 -1.2% $158 / Sq Ft
06/06/2019 06/06/19 Price Changed $268,000 -0.7% $160 / Sq Ft
04/12/2019 04/12/19 For Sale $269,900 -- $161 / 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 $3,926 $243,960 $33,050 $210,910
2023 $3,786 $243,960 $33,050 $210,910
2022 $3,832 $205,120 $33,050 $172,070
2021 $3,222 $205,120 $33,050 $172,070
2020 $3,160 $173,090 $13,770 $159,320
2019 $3,160 $173,090 $13,770 $159,320
2018 $3,198 $173,090 $13,770 $159,320
2017 $3,296 $173,090 $13,770 $159,320
2016 $3,086 $174,620 $13,770 $160,850
2015 $3,086 $174,620 $13,770 $160,850
2014 $2,848 $159,300 $13,770 $145,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20191740

Northeast Iowa Regional Board of REALTORS®

APN: 8914-01-104-021