721 Olive St Unit 1,2 Cedar Falls, IA 50613
Estimated Value: $181,000 - $199,000
2
Beds
2
Baths
696
Sq Ft
$278/Sq Ft
Est. Value
Highlights
- Deck
- Corner Lot
- Storage Shed
- Holmes Junior High School Rated A-
- Forced Air Heating and Cooling System
About This Home
As of December 2022Great corner lot near the university and downtown. Good opportunity for parents or landlords looking for student housing. Move in ready. Updated units and kitchens. Spacious yard and off street parking with separate gas and electric. Utilities estimates; water for entire house- $71, electric/gas/garbage- Unit 1, $143 Unit 2, $73
Last Agent to Sell the Property
Lockard Realty Company License #S40482 Listed on: 12/07/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,086
Year Built
- Built in 1920
Lot Details
- 4,356 Sq Ft Lot
- Lot Dimensions are 66x66
- Corner Lot
Home Design
- Duplex
- Block Foundation
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Washer Hookup
Parking
- 2 Open Parking Spaces
- No Garage
- Parking Available
- Assigned Parking
Outdoor Features
- Deck
- Storage Shed
- Outbuilding
Schools
- Lincoln Elementary Cf
- Holmes Junior High
- Cedar Falls High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity, garbage pick-up, gas, water
- Assessor Parcel Number 891412313006
Community Details
Overview
- 2 Units
- J M Overmanns Additions 1/2 Lot 3 Block 4 Subdivision
Building Details
- Water Sewer Expense $71
- Operating Expense $1,352
- Gross Income $15,600
- Net Operating Income $14,248
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 31, 2024
Sold by
New Era Rentals Llc
Bought by
Keller Kimberly Dawn
Total Days on Market
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,200
Outstanding Balance
$148,176
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$44,333
Purchase Details
Listed on
Dec 7, 2022
Closed on
Dec 20, 2022
Sold by
J C Enterprises Inc
Bought by
New Era Rentals Llc
Seller's Agent
Mike Taylor
Lockard Realty Company
List Price
$129,900
Sold Price
$135,000
Premium/Discount to List
$5,100
3.93%
Views
26
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.45%
Original Mortgage
$108,000
Interest Rate
6.58%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 23, 2011
Sold by
Hanson Daniel C and Hanson Jeanette M
Bought by
J C Enterprises Inc
Similar Home in Cedar Falls, IA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Keller Kimberly Dawn | $200,000 | Title Services | |
| New Era Rentals Llc | $135,000 | -- | |
| J C Enterprises Inc | $65,000 | Black Hawk County Abstract & |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Keller Kimberly Dawn | $149,200 | |
| Previous Owner | New Era Rentals Llc | $108,000 | |
| Previous Owner | Jc Enterprises Inc | $304,401 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/30/2022 12/30/22 | Sold | $135,000 | -2.8% | $194 / Sq Ft |
| 12/19/2022 12/19/22 | Price Changed | $138,900 | +6.9% | $200 / Sq Ft |
| 12/10/2022 12/10/22 | Pending | -- | -- | -- |
| 12/07/2022 12/07/22 | For Sale | $129,900 | -- | $187 / 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 |
|---|---|---|---|---|
| 2024 | $2,142 | $136,950 | $19,900 | $117,050 |
| 2023 | $2,062 | $136,950 | $19,900 | $117,050 |
| 2022 | $2,086 | $111,670 | $19,900 | $91,770 |
| 2021 | $1,976 | $111,670 | $19,900 | $91,770 |
| 2020 | $1,938 | $106,140 | $14,370 | $91,770 |
| 2019 | $1,938 | $106,140 | $14,370 | $91,770 |
| 2018 | $1,792 | $96,970 | $14,370 | $82,600 |
| 2017 | $1,830 | $96,970 | $14,370 | $82,600 |
| 2016 | $1,714 | $96,970 | $14,370 | $82,600 |
| 2015 | $1,714 | $96,970 | $14,370 | $82,600 |
| 2014 | $1,666 | $93,210 | $14,370 | $78,840 |
Source: Public Records
Agents Affiliated with this Home
-
Mike Taylor
Seller's Agent in 2022
Mike Taylor
Lockard Realty Company
(319) 239-3659
141 Total Sales
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20225553
APN: 8914-12-313-006
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