$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

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
  • 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

Map

Range of Values:

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Average Value
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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

Property History

Date Event Price Change Sq Ft Price
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
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

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 $3,286 $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

Mortgage History

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

Deed 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

Similar Home in Cedar Falls, IA

  • 2600 Waterloo Rd, Cedar Falls, IA 50613

    $243,000

    • 4 Beds
    • 2 Baths
    • 984 Sq Ft
    • 2600 Waterloo Rd
    • Cedar Falls, IA

    Great investment opportunity! This well-maintained duplex features two spacious units, each offering two bedrooms and 1 bathroom. Enjoy the convenience of in-unit laundry and private 1-stall garages for each unit.

    Leeann Sires EPM, Iowa

    Section Image

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20244334

Northeast Iowa Regional Board of REALTORS®

APN: 8914-24-101-003