Seller's Agent in 2025
Gordon Sorensen
RE/MAX
(319) 269-1164
2 in this area
171 Total Sales
807 W 3rd St Waterloo, IA 50701
Church Row NeighborhoodEstimated Value: $74,000 - $120,000
5
Beds
2
Baths
946
Sq Ft
$98/Sq Ft
Est. Value
Highlights
- Forced Air Heating and Cooling System
- Garage
- 5-minute walk to Washington Park
About This Home
As of March 2025This well-maintained duplex in Waterloo is a fantastic investment opportunity, offering a solid monthly gross income of $2,020. Recent updates, including new siding, fresh paint, and several updated vinyl windows, add to the property's appeal and longevity. The main-level unit features 3 bedrooms, 2 bathrooms, and ample living space, while the upper unit offers 2 bedrooms and 1 bathroom. The landlord covers utilities for the upper unit and water/sewer/trash for the main level, averaging around $300 per month. With steady rental income and key improvements already in place, this duplex is a great addition to any investor’s portfolio. Don’t miss out—schedule your showing today! 24 Hour Notice Required
Last Agent to Sell the Property
RE/MAX Concepts - Cedar Falls License #B59768000 Listed on: 02/14/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,154
Year Built
- Built in 1896
Lot Details
- 5,000 Sq Ft Lot
- Lot Dimensions are 50x100
Home Design
- Duplex
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 946 Sq Ft Home
- 2-Story Property
- Stone Basement
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Parking
- Garage
- 4 Open Parking Spaces
- Parking Available
Schools
- Irving Elementary School
- Central Middle School
- West High School
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Tenant pays for lawn care, snow removal
- Assessor Parcel Number 8913264010006
Community Details
Overview
- 2 Units
Building Details
- Electric Expense $147
- Water Sewer Expense $153
- Operating Expense $300
- Gross Income $2,020
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 14, 2025
Closed on
Mar 11, 2025
Sold by
Bought by
Seller's Agent
Gordon Sorensen
RE/MAX Concepts - Cedar Falls
Buyer's Agent
Jakob Elmquist-Tsui
AWRE, EXP Realty, LLC
List Price
$142,500
Sold Price
$136,500
Premium/Discount to List
-$6,000
-4.21%
Views
10
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$44,109
Avg. Annual Appreciation
-25.60%
Original Mortgage
$102,375
Outstanding Balance
$101,771
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$9,380
Purchase Details
Listed on
Oct 26, 2018
Closed on
Mar 29, 2019
Sold by
Bought by
Seller's Agent
Robin Shrader
Century 21 Signature Real Estate - Cedar Falls
List Price
$59,900
Sold Price
$53,000
Premium/Discount to List
-$6,900
-11.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.17%
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
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $136,500 | Abstract Title | ||
| $53,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $102,375 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/17/2025 03/17/25 | Sold | $136,500 | -4.2% | $144 / Sq Ft | |
| 02/16/2025 02/16/25 | Pending | -- | -- | -- | |
| 02/14/2025 02/14/25 | For Sale | $142,500 | +168.9% | $151 / Sq Ft | |
| 03/29/2019 03/29/19 | Sold | $53,000 | 0.0% | $66 / Sq Ft | View Prior Sale |
| 02/27/2019 02/27/19 | Off Market | $53,000 | -- | -- | |
| 10/26/2018 10/26/18 | For Sale | $59,900 | -- | $74 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,252 | $66,630 | $6,600 | $60,030 |
| 2024 | $1,252 | $57,740 | $6,600 | $51,140 |
| 2023 | $1,026 | $57,740 | $6,600 | $51,140 |
| 2022 | $998 | $46,720 | $6,600 | $40,120 |
| 2021 | $1,160 | $46,720 | $6,600 | $40,120 |
| 2020 | $1,140 | $51,180 | $6,600 | $44,580 |
| 2019 | $1,140 | $51,180 | $6,600 | $44,580 |
| 2018 | $1,140 | $51,180 | $6,600 | $44,580 |
| 2017 | $1,269 | $51,150 | $6,600 | $44,550 |
| 2016 | $1,152 | $51,150 | $6,600 | $44,550 |
| 2015 | $1,152 | $50,770 | $6,600 | $44,170 |
| 2014 | $1,174 | $50,770 | $6,600 | $44,170 |
Source: Public Records
Agents Affiliated with this Home
-
Gordon Sorensen
-
Gerald Sorensen
Seller Co-Listing Agent in 2025
Gerald Sorensen
RE/MAX
(319) 269-1168
1 in this area
187 Total Sales
-
Jakob Elmquist-Tsui
J
Buyer's Agent in 2025
Jakob Elmquist-Tsui
AWRE, EXP Realty, LLC
(319) 269-2477
2 in this area
38 Total Sales
-
Robin Shrader
Seller's Agent in 2019
Robin Shrader
Century 21 Signature Real Estate - Cedar Falls
(319) 231-2590
1 in this area
59 Total Sales
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20250613
APN: 8913-26-401-006
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Northeast Iowa Regional Board of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Nearby Homes
- 408 Wellington St Unit 410
- 406 Wellington St
- 400 Wellington St Unit 402
- 811 W 3rd St
- 811 W 3rd St Unit 8
- 811 W 3rd St Unit 7
- 811 W 3rd St Unit 6
- 811 W 3rd St Unit 5
- 811 W 3rd St Unit 4
- 811 W 3rd St Unit 3
- 811 W 3rd St Unit 2
- 811 W 3rd St Unit 1
- 811 W 3rd St
- 411 Wellington St
- 739 W 3rd St
- 815 W 3rd St
- 413 Wellington St
- 415 Wellington St
- 417 Wellington St
- 409 Wellington St
Your Personal Tour Guide
Ask me questions while you tour the home.