NOT LISTED FOR SALE

Estimated Value: $97,058 - $132,000

2 Beds
1 Bath
1,026 Sq Ft
$106/Sq Ft Est. Value

Last Sold June 21, 2022

Last sale price $87,000 $85 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $665/month

5 Days on Market

About This Home

As of June 2022

This adorable 2-bedroom is move-in ready and would make the perfect first-time home or even lucrative investment property. A large living and dining room are perfect for relaxing and spending time with family and friends. With original woodwork, the home offers endless potential and could even benefit from a few cosmetic updates to increase its charm. The backyard space is cozy with a cement patio area and detached 2-stall garage. You just have to see it for yourself!

Last Agent to Sell the Property

Gordon Sorensen

RE/MAX Concepts - Cedar Falls License #B59768000 Listed on: 05/17/2022

Co-Listed By

Gerald Sorensen

RE/MAX Concepts - Cedar Falls License #B59861000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,363

Year Built

  • Built in 1911

Lot Details

  • 4,572 Sq Ft Lot
  • Lot Dimensions are 36x127
  • Property is zoned R-2

Parking

  • 2 Car Detached Garage

Home Design

  • 1,026 Sq Ft Home
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Irving Elementary School
  • Central Middle School
  • West High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 891335201007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,363

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Parcel Number: 891335201007
  • Year Built: 1911
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • Lot Size Acres: 0.11
  • Road Surface Type: Alley
  • Co List Office Mls Id: NBR92
  • Co List Office Phone: 319-266-7100
  • Co List Office Phone: 319-266-7100
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1026
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Block, Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • BelowGradeArea: 468

Exterior Features

  • Construction Type: Aluminum Siding

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Irving Elementary
  • High School: West High
  • Middle Or Junior School: Central

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 36x127
  • Lot Size Sq Ft: 4572
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1362.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Jun 14, 2022
Sold by
Malbec Properties Llc
Bought by
Arroyo Hector A Salamanca
Seller's Agent
Gordon Sorensen
RE/MAX Concepts - Cedar Falls
List Price
$89,900
Sold Price
$87,000
Premium/Discount to List
-$2,900
-3.23%
Current Estimated Value
$108,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,515
Avg. Annual Appreciation
6.40%
Original Mortgage
$69,600
Outstanding Balance
$65,916
Interest Rate
5.23%
Estimated Equity
$42,599

Purchase Details

Listed on
Aug 17, 2020
Closed on
Oct 8, 2020
Sold by
Hagenstein Shirley J
Bought by
Malbec Properites Llc
Seller's Agent
Colleen Tierney
RE/MAX Concepts - Cedar Falls
List Price
$74,900
Sold Price
$71,500
Premium/Discount to List
-$3,400
-4.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.23%
Original Mortgage
$57,200
Interest Rate
2.9%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Arroyo Hector A Salamanca $87,000 None Listed On Document
Malbec Properites Llc $71,500 Title Services Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arroyo Hector A Salamanca $69,600
Previous Owner Malbec Properites Llc $57,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/21/2022 06/21/22 Sold $87,000 -3.2% $85 / Sq Ft
05/22/2022 05/22/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $89,900 +25.7% $88 / Sq Ft
10/09/2020 10/09/20 Sold $71,500 -4.5% $70 / Sq Ft View Prior Sale
08/27/2020 08/27/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $74,900 -- $73 / 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 $1,230 $81,480 $11,350 $70,130
2024 $1,230 $75,370 $11,350 $64,020
2023 $1,072 $75,370 $11,350 $64,020
2022 $1,420 $61,070 $11,350 $49,720
2021 $1,362 $61,070 $11,350 $49,720
2020 $1,340 $60,170 $8,730 $51,440
2019 $1,340 $60,170 $8,730 $51,440
2018 $1,244 $60,170 $8,730 $51,440
2017 $1,282 $55,800 $8,730 $47,070
2016 $1,266 $55,800 $8,730 $47,070
2015 $1,266 $55,800 $8,730 $47,070
2014 $1,230 $53,190 $8,730 $44,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20222132

Northeast Iowa Regional Board of REALTORS®

APN: 8913-35-201-007