$140,000
SOLD AUG 28, 2020

608 Martin Rd Unit 610 Waterloo, IA 50701

-- Bed
-- Bath
960 Sq Ft
6,992 Sq Ft Lot

Recently Sold

$146 Per Sq Ft

15% Below List Price

288 Days on Market

Highlights

  • Deck
  • Garage
  • Heating Available
  • Central Air

About This Home

As of November 2023

Fantastic investment opportunity! Many improvements including flooring, tiled bathrooms, updated furnace 2007 in one unit, water heater replaced in 2013 and 2017. The units are bright, spacious and offer an open design concept. Both units have stackable washer & dryers/dishwashers and their own oversized single car garage. Secure exterior entrance. Tenants pay all utilities. Lower level tenant has a $50 credit on their rent per month for doing the lawn care and snow removal.

Last Agent to Sell the Property

Bryn Mangrich

Oakridge Real Estate License #S44436 Listed on: 10/21/2019

Oakridge Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,920

Year Built

  • Built in 1978

Lot Details

  • 6,992 Sq Ft Lot
  • Lot Dimensions are 75 x 92

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Siding

Parking

  • Garage
  • Parking Available
  • On-Street Parking

Schools

  • Kingsley Elementary School
  • Hoover Intermediate
  • West High School

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Laundry on main level
  • Deck
  • Finished Basement

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat
  • Assessor Parcel Number 891333251015

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,920

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Parcel Number: 891333251015
  • Year Built: 1978
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: 1st Floor, 2nd Floor
  • Lot Size Acres: 0.161
  • Road Frontage Type: Hard Surface Road
  • 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, Parking Space, Street Parking

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Sewer: City Sewer
  • Utilities: Elec Individual Meters, Garbage Pd by Individual, Water - Multiple Meters
  • 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: 75 x 92
  • Lot Size Sq Ft: 6992

Rental Info

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

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2920

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
$203,866

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
8.94%

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

Similar Homes in Waterloo, IA

  • 2007 Burton Ave Unit 2009, Waterloo, IA 50703

    $130,000

    • 2 Beds
    • 2 Baths
    • 1,280 Sq Ft
    • 2007 Burton Ave
    • Unit 2009
    • Waterloo, IA

    An outstanding investment opportunity! Situated in a great Waterloo location close to parks, restaurants, highways, and Allen Hospital, these two properties are in good shape and ready for their new owner. Both duplexes provide twin floor plans, with all four units offering a good-sized living room, an eat-in kitchen with room enough for a small table, one large bedroom with double closets, a

    Dan Berregaard Oakridge Real Estate

    Section Image
  • 2023-2025 Burton Ave, Waterloo, IA 50703

    $130,000

    • 2 Beds
    • 2 Baths
    • 1,280 Sq Ft
    • 2023-2025 Burton Ave
    • Waterloo, IA

    An outstanding investment opportunity! Situated in a great Waterloo location close to parks, restaurants, highways, and Allen Hospital, these two properties are in good shape and ready for their new owner. Both duplexes provide twin floor plans, with all four units offering a good-sized living room, an eat-in kitchen with room enough for a small table, one large bedroom with double closets, a

    Dan Berregaard Oakridge Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $172,000 Title Services
Interfamily Deed Transfer -- None Available
Joint Tenancy Deed $135,000 Black Hawk County Abstract &
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $101,200 New Conventional
Previous Owner $101,200 New Conventional
Previous Owner $115,200 New Conventional
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

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20195719

Northeast Iowa Regional Board of REALTORS®

APN: 8913-33-251-015