NOT LISTED FOR SALE

5527 Watters Rd Hudson, IA 50643

Estimated Value: $167,000 - $177,000

4 Beds
2 Baths
1,440 Sq Ft
$120/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $95,000 $66 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,115/month

74 Days on Market

Highlights

  • Patio
  • 1-Story Property
  • Garage
  • Laundry Room
  • Forced Air Heating System
  • Wood Siding

About This Home

As of May 2018

Great investment !!! Open floor plan on each side with 2 spacious bedrooms ,eat in kitchen and laundry each side. Located in quiet neighborhood with park like yard setting. Large detached 2 stall garage and yet more room for more parking. Shed behind garage for additional items. Both sides have been updated.. All this makes it very easy to get good renters. So whether you want to live in one side or rent both this is the place.

Last Agent to Sell the Property

Rocky Smalley

RE/MAX Concepts - Waterloo License #S593520 Listed on: 01/29/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,847

Year Built

  • Built in 1975

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 90x222

Home Design

  • Duplex
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Basement

  • Interior Basement Entry
  • Crawl Space

Parking

  • Garage
  • 6 Open Parking Spaces
  • Over 1 Space Per Unit
  • Parking Available

Outdoor Features

  • Patio
  • Storage Shed

Schools

  • Hudson Elementary And Middle School
  • Hudson High School

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, gas, heat, water
  • Assessor Parcel Number 881427326007

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $15,600
  • Net Operating Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,847

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Parcel Number: 881427326007
  • Year Built: 1975
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Laundry Room
  • Lot Size Acres: 0.459
  • Road Frontage Type: Hard Surface Road
  • Co List Office Phone: 319-232-7100
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1440
  • Architectural Style: One Story, Duplex
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Entrance-Inside

Exterior Features

  • Construction Type: Wood Siding
  • Exterior Features: Patio, Storage Shed
  • Siding: Wood

Garage/Parking

  • Open Parking Spaces: 6
  • Parking Features: Detached, Garage, Gravel, Over 1 Space, Parking Area

Utilities

  • Cooling: Window Unit(s)
  • Heating: Forced Air, Gas
  • Sewer: Septic Tank
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Garbage in Rent, Gas Individual Meters, Separate Meters, Water - Multiple Meters
  • Water Source: Rural

Schools

  • Elementary School: Hudson
  • High School: Hudson
  • Middle Or Junior School: Hudson

Lot Info

  • Zoning: A-1
  • Lot Dimensions: 90x222
  • Lot Size Sq Ft: 19980

Rental Info

  • Tenant Pays: Electricity, Gas, Heat, Water
  • Lease Term: Over 9 Months

Multi Family

  • Gross Income: 15600
  • Number Of Units Total: 2
  • Net Operating Income: 15600

Tax Info

  • Tax Annual Amount: 1847

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2025
Sold by
Getz Joshua and Fobian-Getz Emily Kathleen
Bought by
Teslow Jaydan
Current Estimated Value
$172,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Outstanding Balance
$142,500
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$30,383

Purchase Details

Closed on
Jun 23, 2022
Sold by
Mehmen Homes Llc
Bought by
Getz Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 29, 2018
Closed on
May 30, 2018
Sold by
Shock Tessa R
Bought by
Mehmen Homes Llc
Seller's Agent
Rocky Smalley
RE/MAX Concepts - Waterloo
List Price
$109,000
Sold Price
$95,000
Premium/Discount to List
-$14,000
-12.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$76,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Teslow Jaydan $150,000 Title Services Corporation
Getz Joshua $145,000 None Listed On Document
Mehmen Homes Llc $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teslow Jaydan $142,500
Previous Owner Getz Joshua $137,750
Previous Owner Mehmen Homes Llc $76,000
Previous Owner Mehmen Homes Llc $76,000
Previous Owner Shock Ressa R $72,355
Previous Owner Shock Tessa R $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $95,000 0.0% $66 / Sq Ft
04/15/2018 04/15/18 Off Market $95,000 -- --
04/02/2018 04/02/18 Price Changed $104,000 -4.6% $72 / Sq Ft
01/29/2018 01/29/18 For Sale $109,000 -- $76 / 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 $2,034 $135,470 $15,260 $120,210
2023 $1,588 $135,470 $15,260 $120,210
2022 $1,612 $93,590 $15,260 $78,330
2021 $1,794 $93,590 $15,260 $78,330
2020 $1,756 $95,890 $15,260 $80,630
2019 $1,756 $95,890 $15,260 $80,630
2018 $1,648 $95,890 $15,260 $80,630
2017 $1,684 $95,890 $15,260 $80,630
2016 $1,614 $95,890 $15,260 $80,630
2015 $1,614 $95,890 $15,260 $80,630
2014 $1,746 $92,050 $15,260 $76,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20180405

Northeast Iowa Regional Board of REALTORS®

APN: 8814-27-326-007