NOT LISTED FOR SALE

624 W 8th St Cedar Falls, IA 50613

Estimated Value: $112,037 - $217,000

3 Beds
2 Baths
1,162 Sq Ft
$140/Sq Ft Est. Value

Last Sold September 30, 2020

Last sale price $64,000 $55 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $966/month

112 Days on Market

Highlights

  • Porch
  • Holmes Junior High School Rated A-
  • Ceiling Fan

About This Home

As of September 2020

Great location to this 2 story side by side duplex. East side unit has 1 bedroom and west side unit has 2 bedrooms. Tenants pay for all utilities. Units are easily filled when vacated. Great investment property.

Last Agent to Sell the Property

Wes Gielau

RE/MAX Alliance License #B34175000 Listed on: 06/01/2020

RE/MAX Alliance

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,236

Year Built

  • Built in 1880

Lot Details

  • 4,752 Sq Ft Lot
  • Lot Dimensions are 66x72

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Stone Basement
  • Laundry on lower level

Parking

  • No Garage
  • On-Street Parking

Schools

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

Additional Features

  • Porch
  • Heating System Uses Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, lawn care, snow removal, trash collection, water
  • Assessor Parcel Number 891412353001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,236

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Parcel Number: 891412353001
  • Year Built: 1880
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Lower Level
  • Road Frontage Type: Hard Surface Road
  • Co List Office Phone: 319-984-5600
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1162
  • Architectural Style: Two Story
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Stone/Rock
  • Below Grade Sq Ft: 640

Exterior Features

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

Garage/Parking

  • Parking Features: None, Street Parking

Utilities

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

Schools

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

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 66x72
  • Lot Size Sq Ft: 4752

Rental Info

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

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1236

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2005
Sold by
Ihnen Travis S
Bought by
Lanus Tyson R and Lanus Jamie M
Current Estimated Value
$163,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,675
Outstanding Balance
$30,143
Interest Rate
5.75%
Mortgage Type
Credit Line Revolving
Estimated Equity
$101,940
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
Lanus Tyson R $65,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lanus Tyson R $55,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $64,000 -5.7% $55 / Sq Ft
09/21/2020 09/21/20 Pending -- -- --
09/14/2020 09/14/20 Price Changed $67,900 -2.9% $58 / Sq Ft
07/02/2020 07/02/20 For Sale $69,900 0.0% $60 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
06/01/2020 06/01/20 For Sale $69,900 -- $60 / 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 $1,210 $75,230 $23,430 $51,800
2023 $1,256 $75,230 $23,430 $51,800
2022 $1,272 $68,080 $23,430 $44,650
2021 $1,552 $68,080 $23,430 $44,650
2020 $1,218 $66,770 $15,230 $51,540
2019 $1,218 $66,770 $15,230 $51,540
2018 $1,234 $66,770 $15,230 $51,540
2017 $1,234 $66,770 $15,230 $51,540
2016 $1,180 $66,770 $15,230 $51,540
2015 $1,180 $66,770 $15,230 $51,540
2014 $1,114 $62,290 $15,230 $47,060
Source: Public Records

Agents Affiliated with this Home

  • Wes Gielau

    Seller's Agent in 2020

    Wes Gielau

    RE/MAX

    (319) 240-8652

    8 in this area

    224 Total Sales

    Wes Gielau
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20202585

Northeast Iowa Regional Board of REALTORS®

APN: 8914-12-353-001

Iowa Black Hawk County Cedar Falls 50613

624 W 8th St, Cedar Falls, IA

This home is located at 624 W 8th St, Cedar Falls, IA 50613 since 01 June 2020 and is currently estimated at $163,259, approximately $140 per square foot. This property was built in 1880. 624 W 8th St 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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