Off market

Tax assessed value

$648,290

2723 Terrace Dr, Cedar Falls, IA 50613

--beds

0baths

800sqft

MultiFamily

Built in 1978

-- sqft lot

$-- Zestimate^®

$810/sqft

$1,039 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,039/mo

Zestimate^® history

Owner options

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$1,039/mo

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$1,039/mo

Rent Zestimate^®

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$3,492/mo

Est. payment

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$3,492/mo

Est. payment

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What's special

Great Multi-Family Opportunity With Adjacent Building Lot. This 8plex Has (8) 1 Bedroom Units With On Site Laundry Facility. All Units In Great Shape. Some Have Been Recently Renovated. New Roof In October Of 17. Off-Street Parking With 4 Garage Stalls. Adjacent Building Lot Is Incdluded And Zoned R-4 For Multi-Unit Building. Current Noi $49,200.

This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Forced air, Electric

Cooling

Wall

Appliances

Included: Garbage disposal, Range / Oven, Refrigerator
Laundry: 1st Floor

Features

Basement: Crawl Space

Interior area

Total interior livable area: 800 sqft

Property

Parking

Parking features: Garage - Detached

Features

Exterior features: Brick

Lot

Size: 0.32 Acres

Details

Parcel number: 891320151003
Zoning: R-4

Construction

Type & style

Home type: MultiFamily

Materials

masonry
Roof: Asphalt

Condition

Year built: 1978

Community & neighborhood

Location

Region: Cedar Falls

Other

Other facts

Internet: Yes
Sale/Rent: For Sale
FINANCE TYPE: Cash, Conventional, 1031 Exchange
Flood: C/X - Not in Flood Plain
Water Type: City
Sewer Type: City
Reg/Irreg: Reg
Sale Type: Normal Sale
Electric Separate by Unit: Yes
ROOF TYPE: Asphalt
TENANT RESPONSIBLE: Electric, Heat
UTILITIES AVAILABLE: Elec Individual Meters, Cable Paid by Individual, Separate Meters
Occupied By: Renter
PARKING: Garage, Parking Area, Paved
TERMS OF TENANCY: Over 9 Months
Garage Type: Detached
Zoning: R-4
How to Show: Appointment Only
LAUNDRY: 1st Floor
DOCUMENTS ON FILE: Aerial Photo
COOLING: Wall Unit
Fuel Type: Electric
Additional Parcel Y/N: Yes
BASEMENT: Crawl Space
EXTERIOR: Brick
SIDING: Brick
Region: Cedar Falls South 3
Status: Pending
MLS Area: Black Hawk
LA1Agent Phone1 CountryId: United States (+1)
LA1Agent Phone2 CountryId: United States (+1)
LO1OfficePhone1CountryId: United States (+1)
LA2Agent Phone1 CountryId: United States (+1)
LA2Agent Phone2 CountryId: United States (+1)
Transmit to Zillow: Yes
LO2OfficePhone1CountryId: United States (+1)
Parcel #: 891320151003
Legal Description: UNIVERSITY CENTRE LOT 3 & EXC W 50 FT & EASE & W 1

Price history

Date	Event	Price
3/16/2020	Sold	$600,000-4%$750/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20196299 Report a problem
1/28/2020	Pending sale	$625,000$781/sqft
Source: Structure Real Estate #20196299 Report a problem
11/27/2019	Listed for sale	$625,000$781/sqft
Source: Structure Real Estate #20196299 Report a problem
4/17/2019	Listing removed	$625,000$781/sqft
Source: Structure Real Estate #20184702 Report a problem
1/21/2019	Price change	$625,000-13.8%$781/sqft
Source: Structure Real Estate #20184702 Report a problem
8/29/2018	Listed for sale	$725,000$906/sqft
Source: Structure Real Estate #20184702 Report a problem
8/10/2018	Listing removed	$675$1/sqft
Source: Owner Report a problem
6/7/2018	Listed for rent	$675+3.8%$1/sqft
Source: Owner Report a problem
2/27/2018	Listing removed	$650$1/sqft
Source: Owner Report a problem
2/15/2018	Listed for rent	$650$1/sqft
Source: Owner Report a problem
11/4/2017	Listing removed	$650$1/sqft
Source: Owner Report a problem
10/5/2017	Price change	$650+8.3%$1/sqft
Source: Owner Report a problem
6/27/2017	Listed for rent	$600-13.7%$1/sqft
Source: Owner Report a problem
5/11/2015	Listing removed	$695$1/sqft
Source: Owner Report a problem
5/4/2015	Listed for rent	$695$1/sqft
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$9,251 +2.9%	$648,290 +12.8%
2024	$8,988 +4%	$574,910
2023	$8,644 -16.1%	$574,910 +22.8%
2022	$10,303 +31.5%	$468,250
2021	$7,837 +2%	$468,250 +11.2%
2020	$7,683 +6.6%	$420,910
2019	$7,210 +0.2%	$420,910 +8.1%
2018	$7,195 +0%	$389,320
2017	$7,194 +13.8%	$389,320 +8.8%
2016	$6,322	$357,750
2015	$6,322 +1.3%	$357,750
2014	$6,242 -47.4%	$357,750 -4.2%
2012	$11,863 -7.8%	$373,540 +4.4%
2011	$12,865 -1.9%	$357,750 -4%
2010	$13,117 +1.2%	$372,600
2009	$12,965 -1.2%	$372,600
2008	$13,116 +8.6%	$372,600 +9%
2007	$12,079 +0.1%	$341,830
2006	$12,067 +10%	$341,830
2005	$10,965 +15.5%	$341,830 +32.8%
2003	$9,496 +3.7%	$257,330
2002	$9,158 -2.6%	$257,330
2001	$9,407	$257,330