NOT LISTED FOR SALE

628 W Mullan Ave Unit 630 Waterloo, IA 50701

Church Row Neighborhood

Estimated Value: $53,000 - $260,000

6 Beds
3 Baths
1,707 Sq Ft
$81/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $48,000 $28 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $877/month

104 Days on Market

About This Home

As of October 2023

Welcome to this listing for a spacious West Waterloo duplex with incredible potential! This property presents a fantastic opportunity for those seeking to embark on a rewarding investment journey. While it requires some rehabilitation, it offers a remarkable chance to build sweat equity, create a beautiful living space, or even generate rental income with the possibility of fixing up and refinancing down the line.

Last Agent to Sell the Property

Jared Hottle

Berkshire Hathaway Home Services One Realty Centre License #S68688000 Listed on: 06/14/2023

Berkshire Hathaway Home Services One Realty Centre

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,129

Year Built

  • Built in 1903

Lot Details

  • 6,300 Sq Ft Lot
  • Lot Dimensions are 95 x 25 x 105 x 105

Home Design

  • Duplex
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,707 Sq Ft Home
  • Stone Basement
  • Washer and Gas Dryer Hookup

Parking

  • 2 Open Parking Spaces
  • No Garage
  • On-Street Parking

Schools

  • Irving Elementary School
  • Central Intermediate
  • East High School

Utilities

  • Window Unit Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 891326132005

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,129

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Parcel Number: 891326132005
  • Year Built: 1903
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Dryer Hookup-Gas, Washer Hookup
  • Co List Office Phone: 319-233-7000
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1707
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Stone/Rock

Exterior Features

  • Construction Type: Vinyl Siding
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 2
  • Parking Features: Street Parking, None

Utilities

  • Cooling: Window Unit(s)
  • Sewer: City Sewer
  • Utilities: Other
  • Water Source: City

Schools

  • Elementary School: Irving Elementary
  • High School: East High
  • Middle Or Junior School: Central Intermediate

Lot Info

  • Zoning: R-3
  • Lot Dimensions: 95 x 25 x 105 x 105
  • Lot Size Sq Ft: 6300

Rental Info

  • Tenant Pays: Electricity, Gas
  • Lease Term: Other

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1129

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Oct 23, 2023
Sold by
Parrish Ryan and Parrish Deanna
Bought by
Gomez Armando and Gomez Vanessa
Seller's Agent
Jared Hottle
Berkshire Hathaway Home Services One Realty Centre
List Price
$65,000
Sold Price
$48,000
Premium/Discount to List
-$17,000
-26.15%
Views
272
Current Estimated Value
$137,612

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,612
Avg. Annual Appreciation
72.58%
Original Mortgage
$60,000
Outstanding Balance
$57,359
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$80,253

Purchase Details

Closed on
May 22, 2015
Sold by
Thompson Properties & Management Llc
Bought by
Stuelke Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
3.63%
Mortgage Type
Credit Line Revolving
Source: Public Records

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 Buyer Sale Price Title Company
Gomez Armando $48,000 None Listed On Document
Stuelke Enterprises Llc $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Armando $60,000
Previous Owner Stuelke Enterprises Llc $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2023 10/27/23 Sold $48,000 -3.8% $28 / Sq Ft
09/26/2023 09/26/23 Pending -- -- --
09/22/2023 09/22/23 Price Changed $49,900 -16.7% $29 / Sq Ft
08/08/2023 08/08/23 Price Changed $59,900 -7.8% $35 / Sq Ft
06/14/2023 06/14/23 For Sale $65,000 -- $38 / 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 $1,776 $81,860 $9,680 $72,180
2023 $1,482 $81,860 $9,680 $72,180
2022 $1,130 $67,460 $9,680 $57,780
2021 $1,134 $52,820 $9,680 $43,140
2020 $1,206 $41,810 $9,680 $32,130
2019 $1,206 $32,130 $0 $32,130
2018 $1,320 $32,130 $0 $32,130
2017 $1,320 $32,130 $0 $32,130
2016 $1,470 $32,130 $0 $32,130
2015 $1,470 $32,130 $0 $32,130
2014 $1,562 $41,810 $9,680 $32,130
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20232368

Northeast Iowa Regional Board of REALTORS®

APN: 8913-26-132-005