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Cedar Falls 50613
923 ELLEN Street
$188,600
● House - Off Market

923 ELLEN Street

Cedar Falls, IA 50613
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,272 Ft²
$1,216
Est. Monthly

About This Property

AUCTION Bank owned.  This spilt level built in 1957 features a spacious approximately 1,272 square feet, 3 bedrooms 1.5 bath, basement and 2 car attached garage.  Needs updates and repairs to make move-in ready, but there are lots of possibilities!
Unit Size
1,272 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$149
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1957

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Cap Rate Calculator

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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 41
  • Exterior Walls Type: 29
  • Interior Walls Type: 6
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Cover: 9
  • Basement Type: 3
  • Basement Area: 636
  • Garage Type: 1
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,000
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,272
  • Gross Building Area: 1,272
  • Building Area: 1,272
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,272
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CREST HAVEN ADDITION
  • Land Acres: 0000000413
  • Standard Land Use Code: 1001
  • County Land Use Code: 101
  • Legal Description 1: CREST HAVEN ADDITION LOT 7

Neighborhood

  • School District Name: Cedar Falls Community School District
  • School Tax School District: CEDAR FALLS
  • Census Tract: 002200

Geography

  • Assessors Map Reference: PM 891411451008
  • District: 35
  • Parcel: 8914-11-451-008
  • Lot: 7
  • Meridian: SEC 11 TWN 89N RNG 14W
  • Municipality: CEDAR FALLS
  • Latitude: 42.5298
  • Longitude: -92.4639

    Address

  • Full Address: 923 Ellen St
  • Address - House Number: 923
  • Address - Street Name: Ellen
  • Address - Suffix Type: St
  • State: IA
  • City Name: Cedar Falls
  • Carrier Code: C010
  • 4-Digit Zip Code: 2362
  • Zip Code: 50613

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $314,200
  • Initial Tax Delinquent Year: 2022

    Appraisal Valuation

  • Standard Deviation: 0.0915
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 92
  • Final Value: 162,643
  • High Value: 177,528
  • Low Value: 147,758

    Market Valuation

  • Market Total Value: $208,020
  • Market Land Value: $46,170
  • Market Improvement Value: $161,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $208,020
  • Assessed Land Value: $46,170
  • Assessed Improvements Value: $161,850

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 20, 2023
  • Current Sale Recording Date: Jan 10, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 64
  • Current Sale Input Document Number: 8813
  • Previous Sale Recording Date: Apr 08, 2005
  • Previous Sale Contract Date: Apr 06, 2005
  • Previous Sale Amount: $143,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cedar Falls

Stats & Trends

Median Asking:

$0

Sale Price/ft²

$0

Above Asking

0.00%

Average Days on Market

0

Average Home Size

0 ft²

Average Home Age

2026 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 202 N Magnolia Dr, IA, 50613

$825 /mo

  • 1 Bed
  • 1 Bath
202 N Magnolia Dr, IA, 50613 Listing by Rick Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Cheryl Rabin, REALHome Services and Solutions, Inc.
Data Source: MRED, MLS# MRDQC4251145
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 923 Ellen Street built and last sold?
The property at 923 Ellen Street was built in 1957 and last sold on Dec 20, 2023 for $165,380.
How much is this home worth?
The estimated value of the home located at 923 Ellen Street is $0.
What are some comparable homes to 923 Ellen Street?
There are currently no comparable homes to 923 Ellen Street.
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