NOT LISTED FOR SALE

604 W Seerley Blvd Cedar Falls, IA 50613

Estimated Value: $332,000 - $437,000

8 Beds
4 Baths
1,384 Sq Ft
$278/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $339,000 $245 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,377/month

5 Days on Market

Highlights

  • Corner Lot
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Holmes Junior High School Rated A-
  • Laundry Room
  • 2-minute walk to Seerley Park

About This Home

As of October 2018

Great investment opportunity in good condition inside & out just 3 blocks from UNI campus located diagonally across from Seerley Park at Iowa St. Spacious apartments w/ nicely updated kitchens & baths. (2) 3-bdrm apts (rent @ $825/mo ea) & (1) 4-bdrm apt (rent = $1300/mo) w/ plenty of off-street parking to satisfy City rental regulations (up to 13 stalls). Fully occupied & leased through May 2019. Based on good cosmetic condition & location the 3 bdrm unit rents should be higher. Updates include 200 amp elect service & gas FA furnaces/central A/C units all in 2003, windows 2003-2012, shingles 2010, water heaters 2010-2014. One of the nicer older conversion-style units on the Hill. Main floor & bsmt units share water & HVAC. Utilities for upper unit are all separate.

Last Agent to Sell the Property

Bruce Wingert

Structure Real Estate License #B14346000 Listed on: 08/07/2018

Co-Listed By

Jessica Schoof

Structure Real Estate License #S65897000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,158

Year Built

  • Built in 1922

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132
  • Corner Lot

Home Design

  • Triplex
  • Concrete Foundation
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Partially Finished Basement
  • Interior Basement Entry

Laundry

  • Laundry Room
  • Laundry on lower level

Parking

  • 11 Open Parking Spaces
  • Parking Available
  • On-Street Parking

Outdoor Features

  • Covered Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, lawn care, snow removal, trash collection, water
  • Assessor Parcel Number 891413355003

Community Details

Overview

  • 3 Units
  • Normal Addition Subdivision

Building Details

  • Operating Expense $10,187
  • Gross Income $35,400
  • Net Operating Income $28,399

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,158

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Parcel Number: 891413355003
  • Year Built: 1922
  • Property Sub-Type: Triplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Laundry Room, Lower Level
  • ResoLotFeatures: Corner Lot
  • Lot Size Acres: 0.02
  • Road Frontage Type: Paved Streets
  • Co List Office Mls Id: NBR425
  • Co List Office Phone: 319-260-2016
  • Co List Office Phone: 319-260-2016
  • MLS Status: Closed
  • Subdivision Name: Normal Addition
  • Above Grade Finished Sq Ft: 1384
  • Architectural Style: Two or More Stories, Triplex
  • 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: 950

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Sidewalk, Porch-Covered
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 11
  • Parking Features: Attached, Parking Area, Parking Space, Street Parking

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Utilities: Elec Individual Meters, Gas Individual Meters, Separate Meters, Water - Multiple Meters
  • Water Source: City

Schools

  • Elementary School: Lincoln Elementary CF
  • High School: Cedar Falls High
  • Middle Or Junior School: Peet Junior High

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 66x132
  • Lot Size Sq Ft: 8712
  • Additional Parcels: No

Rental Info

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

Multi Family

  • Gross Income: 35400
  • Operating Expense: 10187
  • Number Of Units Total: 3
  • Net Operating Income: 28399

Tax Info

  • Tax Annual Amount: 5158

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2022
Sold by
Acp Properties Llc
Bought by
Coover Jeffrey C and Coover Chelsea N
Current Estimated Value
$384,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Outstanding Balance
$222,832
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$126,168

Purchase Details

Closed on
Apr 18, 2016
Sold by
Anderegg Kevin R and Anderegg Jennifer J
Bought by
Anderegg Kevin R and Anderegg Jennifer J
Source: Public Records

Range of Values:

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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
Coover Jeffrey C $410,000 None Listed On Document
Anderegg Kevin R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coover Jeffrey C $235,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2018 10/30/18 Off Market $339,000 -- --
10/29/2018 10/29/18 Sold $339,000 -3.1% $245 / Sq Ft
08/07/2018 08/07/18 For Sale $349,900 -- $253 / 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 $4,056 $252,020 $33,170 $218,850
2023 $4,030 $252,020 $33,170 $218,850
2022 $4,804 $218,330 $39,800 $178,530
2021 $4,368 $218,330 $39,800 $178,530
2020 $4,628 $196,010 $39,800 $156,210
2019 $4,628 $156,210 $0 $156,210
2018 $4,934 $148,770 $0 $148,770
2017 $5,158 $148,770 $0 $148,770
2016 $5,166 $148,770 $0 $148,770
2015 $5,166 $148,770 $0 $148,770
2014 $5,442 $188,570 $39,800 $148,770
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bruce Wingert

    Structure Real Estate

    Section Image
  • Jessica Schoof

    Seller Co-Listing Agent in 2018

    Jessica Schoof

    Structure Real Estate

    (319) 939-7784

    23 in this area

    54 Total Sales

    Jessica Schoof
    Section Image
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20184327

Northeast Iowa Regional Board of REALTORS®

APN: 8914-13-355-003

Iowa Black Hawk County Cedar Falls 50613

604 W Seerley Blvd, Cedar Falls, IA

This home is located at 604 W Seerley Blvd, Cedar Falls, IA 50613 since 07 August 2018 and is currently estimated at $384,500, approximately $277 per square foot. This property was built in 1922. 604 W Seerley Blvd is a home located in Black Hawk County with nearby schools including Lincoln Elementary School, Holmes Junior High School, and Cedar Falls 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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