NOT LISTED FOR SALE

706 W 12th St Cedar Falls, IA 50613

Estimated Value: $214,000 - $247,000

4 Beds
4 Baths
1,305 Sq Ft
$178/Sq Ft Est. Value

Last Sold January 27, 2023

Last sale price $230,000 $176 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,524/month

53 Days on Market

Highlights

  • Garage
  • Holmes Junior High School Rated A-
  • Wood Siding

About This Home

As of January 2023

Calling all investors! A great income producing opportunity in the heart of Cedar Falls - Three of four units currently leased. Rent roll and p/l available upon request.

Last Agent to Sell the Property

Emsad Begic

Vine Valley Real Estate License #B56539000 Listed on: 11/04/2022

Co-Listed By

Kelsey Jorgensen

Vine Valley Real Estate License #S68582000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,654

Year Built

  • Built in 1900

Lot Details

  • 10,296 Sq Ft Lot
  • Lot Dimensions are 78x132

Home Design

  • Quadruplex
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Exterior Basement Entry

Parking

  • Garage
  • 4 Open Parking Spaces
  • Parking Available

Schools

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

Utilities

  • Window Unit Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 891413101008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,654

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Parcel Number: 891413101008
  • Year Built: 1900
  • Property Sub-Type: Fourplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: None
  • Co List Office Mls Id: NBR468
  • Co List Office Phone: 319-249-5468
  • Co List Office Phone: 319-249-5468
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1305
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Entrance-Outside
  • Below Grade Sq Ft: 794

Exterior Features

  • Construction Type: Wood Siding
  • Siding: Asphalt Shingle

Garage/Parking

  • Open Parking Spaces: 4
  • Parking Features: Garage, Parking Space, Detached

Utilities

  • Cooling: Window Unit(s), None
  • Sewer: City Sewer
  • Utilities: Garbage in Rent, Gas in Rent, Water in Rent
  • 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-M
  • Lot Dimensions: 78x132
  • Lot Size Sq Ft: 10296

Rental Info

  • Tenant Pays: None
  • Lease Term: Other

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2653.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Jan 19, 2023
Sold by
Cv Properties Llc
Bought by
Wolfe Andrew
Seller's Agent
Emsad Begic
Vine Valley Real Estate
List Price
$249,000
Sold Price
$230,000
Premium/Discount to List
-$19,000
-7.63%
Views
110
Current Estimated Value
$232,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,667
Avg. Annual Appreciation
0.46%
Original Mortgage
$195,500
Outstanding Balance
$190,368
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$42,299

Purchase Details

Closed on
Dec 17, 2021
Sold by
706 W 12Th Co-Op Inc
Bought by
Cv Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,003,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2021
Sold by
The Cedar Falls United Church Of Christ
Bought by
Cv Properties Llc

Purchase Details

Closed on
Jan 17, 2013
Sold by
Cv Properties Llc
Bought by
706 W 12Th Co-Op Inc

Purchase Details

Closed on
Dec 21, 2012
Sold by
Bond Joan A
Bought by
Cv Properties Llc
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
Wolfe Andrew $230,000 --
Cv Properties Llc -- None Listed On Document
Cv Properties Llc $250,000 None Available
706 W 12Th Co-Op Inc -- None Available
Cv Properties Llc $118,250 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paul Vvolfe Andrew $195,500
Closed Wolfe Andrew $195,500
Previous Owner Cv Properties Llc $6,003,500
Previous Owner 706 W 12Th Co Op Inc $2,800,000
Previous Owner 706 W 12Th Co Op Inc $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $230,000 -7.6% $176 / Sq Ft
12/27/2022 12/27/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $249,000 -- $191 / 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 $2,862 $183,020 $34,400 $148,620
2023 $2,622 $183,020 $34,400 $148,620
2022 $2,654 $142,050 $45,860 $96,190
2021 $2,446 $142,050 $45,860 $96,190
2020 $2,398 $131,370 $45,860 $85,510
2019 $2,398 $131,370 $45,860 $85,510
2018 $2,296 $124,240 $45,860 $78,380
2017 $2,210 $124,240 $45,860 $78,380
2016 $2,070 $117,110 $45,860 $71,250
2015 $2,070 $117,110 $45,860 $71,250
2014 $2,094 $117,110 $45,860 $71,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20225135

Northeast Iowa Regional Board of REALTORS®

APN: 8914-13-101-008