$250,000
SOLD OCT 25, 2024

8001 University Ave Unit 8003 Cedar Falls, IA 50613

-- Bed
-- Bath
1,652 Sq Ft
0.29 Acres

Recently Sold

$151 Per Sq Ft

1 Day on Market

Highlights

  • Forced Air Heating and Cooling System
  • Fenced
  • Wood Siding
  • Southdale Elementary School Rated A-

About This Home

As of October 2024

Cedar Falls duplex alert! Located walking distance to UNI, making this is an investors dream opportunity. This is a 4 bedroom up and down. Currently vacant because seller just finished renovating the units. The lower unit has all new flooring and brand new appliances with 4 bedrooms and 2 full bathrooms. Both units have new washers and dryers. The upstairs unit also has 4 bedrooms and 2 large living areas. The upper unit would rent for $1300 and lower unit $1200. This is a solid property with newer roof and windows on a large lot with fenced in yard. Schedule your showing today!

Last Agent to Sell the Property

Derick Rogers

Realty ONE Group Movement License #S69626000 Listed on: 09/26/2024

Realty ONE Group Movement

Last Buyer's Agent

Nicolas Moran

Realty ONE Group Movement License #B70513000

Realty ONE Group Movement

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,286

Year Built

  • Built in 1953

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 98x127
  • Fenced

Home Design

  • Duplex
  • Block Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Laundry on lower level

Parking

  • No Garage
  • Parking Available

Schools

  • Southdale Elementary School
  • Peet Junior High
  • Cedar Falls High School

Utilities

  • Forced Air Heating and Cooling System

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 891424101003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,286

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Parcel Number: 891424101003
  • Year Built: 1953
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: 1st Floor, Lower Level
  • ResoLotFeatures: Multiple Houses
  • Road Frontage Type: Hard Surface Road
  • Co List Office Phone: 319-243-3425
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 1652
  • Architectural Style: Two Story, Duplex
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Block
  • Below Grade Sq Ft: 1652

Exterior Features

  • Construction Type: Shingle/Shake, Wood Siding
  • Exterior Features: Fenced Yard
  • Siding: Hardboard

Garage/Parking

  • Parking Features: Parking Area, None

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City Sewer
  • Utilities: Other
  • Water Source: City

Schools

  • Elementary School: Southdale Elementary
  • High School: Cedar Falls High
  • Middle Or Junior School: Peet Junior High

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 98x127
  • Lot Size Sq Ft: 12446

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas, Heat, Lawn Care, Snow Removal, Trash Collection, Water, None
  • Lease Term: Over 9 Months

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 3285.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2024
Closed on
Oct 24, 2024
Sold by
Mdtm Llc
Bought by
Holterhaus Donovan
Seller's Agent
Derick Rogers
Realty ONE Group Movement
Buyer's Agent
Nicolas Moran
Realty ONE Group Movement
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Views
1
Current Estimated Value
$247,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,594
Avg. Annual Appreciation
-1.10%
Original Mortgage
$237,500
Interest Rate
6.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2023
Closed on
Aug 31, 2023
Sold by
Maloney Michael and Radabaugh Sydney
Bought by
Mdtm Llc
Seller's Agent
Jared Hottle
Berkshire Hathaway Home Services One Realty Centre
List Price
$175,000
Sold Price
$175,000
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.36%

Purchase Details

Listed on
Jul 13, 2023
Closed on
Aug 30, 2023
Sold by
Arkadia Properties Llc
Bought by
Maloney Michael and Radabaugh Sydney
Seller's Agent
Jared Hottle
Berkshire Hathaway Home Services One Realty Centre
List Price
$175,000
Sold Price
$175,000
Views
5
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 Type Sale Price Title Company
Warranty Deed $250,000 Title Services
Quit Claim Deed -- None Listed On Document
Warranty Deed $175,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $237,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2024 10/25/24 Sold $250,000 0.0% $151 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $249,900 +42.8% $151 / Sq Ft
08/31/2023 08/31/23 Sold $175,000 0.0% $106 / Sq Ft View Prior Sale
07/14/2023 07/14/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $175,000 -- $106 / 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
2025 $3,290 $225,440 $61,790 $163,650
2024 $3,290 $204,510 $38,020 $166,490
2023 $3,524 $210,160 $38,020 $172,140
2022 $3,566 $190,870 $38,020 $152,850
2021 $3,050 $190,870 $38,020 $152,850
2020 $2,990 $163,810 $30,900 $132,910
2019 $2,990 $163,810 $30,900 $132,910
2018 $2,782 $150,520 $30,900 $119,620
2017 $2,782 $150,520 $30,900 $119,620
2016 $2,660 $150,520 $30,900 $119,620
2015 $2,660 $150,520 $30,900 $119,620
2014 $2,690 $150,520 $30,900 $119,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20244334

Northeast Iowa Regional Board of REALTORS®

APN: 8914-24-101-003