Seller's Agent in 2024
Joe Leehey
Fischels Residential Group
(319) 415-7349
25 in this area
96 Total Sales
611 W 12th St Cedar Falls, IA 50613
--
Bed
--
Bath
1,199
Sq Ft
10,296
Sq Ft Lot
About This Home
As of November 2024Here is your chance to own a proven rental property with many years of profitable ownership for the current owners. So many positives with this great Cedar Falls 4-Plex. It's in a great location, close to both UNI and downtown, all utilities are individually metered, and it features its own private parking area in back of the building. Currently generating $2,530 in monthly rents. Many recent updates. Turn key investment for sure!
Last Agent to Sell the Property
Fischels Residential Group License #S44699 Listed on: 09/16/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,932
Year Built
- Built in 1910
Lot Details
- 10,296 Sq Ft Lot
- Lot Dimensions are 66x156
Home Design
- Quadruplex
- Concrete Foundation
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- Interior Basement Entry
- Laundry on lower level
Parking
- 6 Open Parking Spaces
- No Garage
- Parking Available
- Paved Parking
Schools
- Lincoln Elementary Waterloo
- Holmes Junior High
- Cedar Falls High School
Utilities
- Window Unit Cooling System
Community Details
- 4 Units
Listing and Financial Details
- Tenant pays for electricity, garbage pick-up, gas, heat, trash collection, water
- Assessor Parcel Number 891412365014
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 16, 2024
Closed on
Nov 12, 2024
Sold by
Fortsch Alex and Fortsch Abi
Bought by
Enogieru Avon and Enogieru Moses E
Seller's Agent
Joe Leehey
Fischels Residential Group
Buyer's Agent
Jan Pint
Fischels Residential Group
List Price
$259,900
Sold Price
$259,900
Views
5
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,567
Avg. Annual Appreciation
-2.94%
Original Mortgage
$255,192
Outstanding Balance
$252,494
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
-$161
Purchase Details
Closed on
Nov 3, 2017
Sold by
12Th Street Properties Llc
Bought by
Fortsch Alex and Fortsch Abi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,800
Interest Rate
3.85%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 31, 2007
Bought by
Fortsch Alex
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.71%
Mortgage Type
Construction
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $260,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $145,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $255,192 | FHA | |
| Previous Owner | $128,800 | New Conventional | |
| Previous Owner | $185,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/21/2024 11/21/24 | Sold | $259,900 | 0.0% | $217 / Sq Ft |
| 09/20/2024 09/20/24 | Pending | -- | -- | -- |
| 09/16/2024 09/16/24 | For Sale | $259,900 | -- | $217 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2025 | $3,196 | $258,900 | $50,990 | $207,910 |
| 2024 | $3,196 | $198,590 | $33,990 | $164,600 |
| 2023 | $2,932 | $198,590 | $33,990 | $164,600 |
| 2022 | $3,496 | $158,850 | $40,790 | $118,060 |
| 2021 | $3,210 | $158,850 | $40,790 | $118,060 |
| 2020 | $3,402 | $144,100 | $40,790 | $103,310 |
| 2019 | $3,402 | $103,310 | $0 | $103,310 |
| 2018 | $3,642 | $98,390 | $0 | $98,390 |
| 2017 | $3,642 | $98,390 | $0 | $98,390 |
| 2016 | $3,814 | $98,390 | $0 | $98,390 |
| 2015 | $3,814 | $98,390 | $0 | $98,390 |
| 2014 | $4,018 | $139,180 | $40,790 | $98,390 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Leehey
-
Brooke Leehey
B
Seller Co-Listing Agent in 2024
Brooke Leehey
Fischels Residential Group
(319) 404-7297
13 in this area
44 Total Sales
-
Jan Pint
J
Buyer's Agent in 2024
Jan Pint
Fischels Residential Group
(319) 361-4737
4 in this area
70 Total Sales
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20244151
APN: 8914-12-365-014
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