NOT LISTED FOR SALE

608 Martin Rd Unit 610 Waterloo, IA 50701

Estimated Value: $177,000 - $236,000

2 Beds
2 Baths
960 Sq Ft
$207/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $172,000 $179 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,345/month

5 Days on Market

Highlights

  • Deck
  • Central Air
  • Garage

About This Home

As of November 2023

Fantastic investment opportunity!! Each unit of the duplex boasts 960sq ft, 2 beds, 1 bath, washer/dryer, dishwasher, and an oversized single garage stall. You'll love the spacious open-design concept and many improvements here. Both sides are leased and one tenant currently does lawn maintenance and snow removal. Schedule your showing today, and don't miss this incredible income opportunity!

Last Agent to Sell the Property

Luke Bartlett

Oakridge Real Estate License #S6323300 Listed on: 10/19/2023

Oakridge Real Estate

Co-Listed By

Rebecca Bartlett

Oakridge Real Estate License #S6361300

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,201

Year Built

  • Built in 1978

Lot Details

  • 6,992 Sq Ft Lot
  • Lot Dimensions are 75x92

Parking

  • Garage

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Siding

Schools

  • Kingsley Elementary School
  • Hoover Intermediate
  • West High School

Additional Features

  • Laundry on lower level
  • Deck
  • Central Air
  • Finished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 891333251015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,201

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Parcel Number: 891333251015
  • Year Built: 1978
  • Property Sub-Type: Duplex
  • ResoLaundryFeatures: 1st Floor, Lower Level
  • Lot Size Acres: 0.16
  • Co List Office Mls Id: NBR49
  • Co List Office Phone: 319-277-5005
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 960
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished
  • Below Grade Sq Ft: 960

Exterior Features

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

Garage/Parking

  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual
  • Water Source: City

Schools

  • Elementary School: Kingsley Elementary
  • High School: West High
  • Middle Or Junior School: Hoover Intermediate

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 75x92
  • Lot Size Sq Ft: 6992

Rental Info

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

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3201

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2024
Sold by
Selimanovic Edis
Bought by
E & S Residential 5 Llc
Current Estimated Value
$198,435

Purchase Details

Listed on
Oct 19, 2023
Closed on
Nov 29, 2023
Sold by
Langley Rentals Llc
Bought by
Selimanovic Edis
Seller's Agent
Luke Bartlett
Oakridge Real Estate
List Price
$180,000
Sold Price
$172,000
Premium/Discount to List
-$8,000
-4.44%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%

Purchase Details

Closed on
Jan 17, 2012
Sold by
Anderson Terri L
Bought by
Anderson Lee A

Purchase Details

Closed on
Jun 2, 2009
Sold by
Sisic Sefik and Sisic Ramiza
Bought by
Anderson Lee A and Anderson Terri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,200
Interest Rate
4.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
E & S Residential 5 Llc -- None Listed On Document
Selimanovic Edis $172,000 Title Services
Anderson Lee A -- None Available
Anderson Lee A $135,000 Black Hawk County Abstract &
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Anderson Lee A $101,200
Previous Owner Anderson Lee A $101,200
Previous Owner Sisic Sefik $115,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2023 11/29/23 Sold $172,000 -4.4% $179 / Sq Ft
10/24/2023 10/24/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $180,000 +28.6% $188 / Sq Ft
08/28/2020 08/28/20 Sold $140,000 -3.4% $146 / Sq Ft
08/04/2020 08/04/20 Pending -- -- --
05/26/2020 05/26/20 Price Changed $145,000 -6.4% $151 / Sq Ft
11/23/2019 11/23/19 Price Changed $154,900 -6.1% $161 / Sq Ft
10/23/2019 10/23/19 Price Changed $165,000 +0.1% $172 / Sq Ft
10/21/2019 10/21/19 For Sale $164,900 -- $172 / 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 $3,506 $179,020 $24,050 $154,970
2023 $3,270 $175,400 $24,050 $151,350
2022 $3,116 $145,760 $24,050 $121,710
2021 $2,942 $145,760 $24,050 $121,710
2020 $2,894 $129,890 $19,240 $110,650
2019 $2,894 $129,890 $19,240 $110,650
2018 $2,896 $129,890 $19,240 $110,650
2017 $2,896 $129,890 $19,240 $110,650
2016 $2,946 $129,890 $19,240 $110,650
2015 $2,946 $129,890 $19,240 $110,650
2014 $3,004 $129,890 $19,240 $110,650
Source: Public Records

Agents Affiliated with this Home

  • Luke Bartlett

    Seller's Agent in 2023

    Luke Bartlett

    Oakridge Real Estate

    (319) 269-1651

    208 Total Sales

    Luke Bartlett
    Section Image

  • R

    Seller Co-Listing Agent in 2023

    Rebecca Bartlett

    Oakridge Real Estate

    (319) 269-8999

    191 Total Sales

    Rebecca Bartlett
    Section Image
  • Bryn Mangrich

    Seller's Agent in 2020

    Bryn Mangrich

    Oakridge Real Estate

    (319) 239-7815

    166 Total Sales

    Bryn Mangrich
    Section Image
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20234465

Northeast Iowa Regional Board of REALTORS®

APN: 8913-33-251-015

Iowa Black Hawk County Waterloo 50701

608 Martin Rd Unit 610, Waterloo, IA

This home is located at 608 Martin Rd Unit 610, Waterloo, IA 50701 since 19 October 2023 and is currently estimated at $198,435, approximately $206 per square foot. This property was built in 1978. 608 Martin Rd Unit 610 is a home located in Black Hawk County with nearby schools including Kingsley Elementary School, Hoover 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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