NOT LISTED FOR SALE

1101 Lake Ridge Dr Cedar Falls, IA 50613

Estimated Value: $751,000 - $800,000

5 Beds
3.5 Baths
5,062 Sq Ft
$153/Sq Ft Est. Value

Last Sold July 15, 2015

Last sale price $550,000 $109 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,035/month

1 Day on Market

Highlights

  • In Ground Pool
  • Deck
  • Wood Flooring
  • Helen A. Hansen Elementary School Rated A-
  • Family Room with Fireplace
  • Granite Countertops

About This Home

As of July 2015

Supreme elegance, custom finishes, and distinctive décor are all yours! Truly one of a kind offering! Located in high demand “Ridges” Subdivision, this spacious 2 story home is loaded with all the “extras” you deserve. Amazing 2 story great room accented with built-ins, dual sided fireplace and specialty windows create an outstanding first impression! Entertain in style with the custom in-ground pool, luscious landscapes, fire pit and covered patio with privacy fenced yard. The lower level will surprise you with its wide open family room, game room and wet bar spaces!

Last Agent to Sell the Property

Deanna Wheeler, GRI, CNE, CRS

RE/MAX Concepts - Cedar Falls License #B28309000 Listed on: 05/21/2015

RE/MAX Concepts - Cedar Falls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,814

Year Built

  • Built in 2005

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 95 x 167
  • Privacy Fence
  • Landscaped
  • Rain Sensor Irrigation System

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 5,062 Sq Ft Home
  • Wet Bar
  • Crown Molding
  • Ceiling Fan
  • Multiple Fireplaces
  • Gas Fireplace
  • Panel Doors
  • Family Room with Fireplace
  • Wood Flooring
  • Finished Basement
  • Sump Pump

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio

Schools

  • Hansen Elementary School
  • Holmes Junior High
  • Cedar Falls High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener

Listing and Financial Details

  • Assessor Parcel Number 891403432002

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,814

Year Built

Built in 2005

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Parcel Number: 891403432002
  • Year Built: 2005
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor, Laundry Room
  • Lot Size Acres: 0.364
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-266-7100
  • MLS Status: Closed
  • Reso Fireplace Features: Multiple, Gas, Family Room, In Family Room Up
  • Reso Interior Features: Ceiling-Specialty, Ceiling Fan/Light, Crown Molding, Granite Counters, Paneled Doors, Pantry, Sliding Glass Door, Stereo Surround System, Volume Entry, Wet Bar, Hardwood Floors
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 5062
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Appliances Negotiable, Dishwasher, Disposal, MicroHood, Microwave Built In, Sump Pump, Refrigerator, Gas Water Heater, Water Softener
  • Basement: Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1550
  • BelowGradeArea: 2032

Exterior Features

  • Construction Type: Stone, Vinyl Siding
  • Exterior Features: Deck, Irrigation System, Landscaping, Patio, Pool-In Ground, Fence Privacy

Garage/Parking

  • Parking Features: 3 or More Stalls, Attached Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 400
  • Association Fee Frequency: Annually

Schools

  • Elementary School: Hansen
  • High School: Cedar Falls High
  • Middle Or Junior School: Holmes Junior High

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 95 x 167
  • Lot Size Sq Ft: 15865
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 8814

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2015
Closed on
Jul 15, 2015
Sold by
Michels Joseph A and Michels Gale A
Bought by
Hagedorn David J and Hagedorn Stacy J
Seller's Agent
Deanna Wheeler, GRI, CNE, CRS
RE/MAX Concepts - Cedar Falls
List Price
$575,000
Sold Price
$550,000
Premium/Discount to List
-$25,000
-4.35%
Current Estimated Value
$775,210

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,210
Avg. Annual Appreciation
3.42%

Purchase Details

Closed on
Jun 8, 2007
Sold by
Clearview Properties Llc
Bought by
Michels Joseph A and Michels Gale A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,200
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 7, 2005
Sold by
Bown Kevin D and Bown Shannon M
Bought by
Clearview Properties Llc

Purchase Details

Closed on
May 26, 2005
Sold by
Ridges Development Lp
Bought by
Bown Kevin D and Bown Shannon M
Source: Public Records

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

Purchase History

Date Buyer Sale Price Title Company
Hagedorn David J $550,000 None Available
Michels Joseph A $474,000 None Available
Clearview Properties Llc -- None Available
Bown Kevin D $57,000 Professional Closing & Settl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Michels Joseph A $379,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2015 07/15/15 Sold $550,000 -4.3% $109 / Sq Ft
05/22/2015 05/22/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $575,000 -- $114 / 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
2024 $10,706 $675,560 $72,320 $603,240
2023 $10,556 $675,560 $72,320 $603,240
2022 $10,682 $580,680 $72,320 $508,360
2021 $10,326 $580,680 $72,320 $508,360
2020 $10,280 $563,220 $54,860 $508,360
2019 $10,280 $563,220 $54,860 $508,360
2018 $10,408 $563,220 $54,860 $508,360
2017 $10,234 $563,220 $54,860 $508,360
2016 $9,424 $542,030 $54,860 $487,170
2015 $9,424 $542,030 $54,860 $487,170
2014 $9,532 $542,030 $54,860 $487,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20154711

Northeast Iowa Regional Board of REALTORS®

APN: 8914-03-432-002

Iowa Black Hawk County Cedar Falls 50613

1101 Lake Ridge Dr, Cedar Falls, IA

This home is located at 1101 Lake Ridge Dr, Cedar Falls, IA 50613 since 21 May 2015 and is currently estimated at $775,210, approximately $153 per square foot. This property was built in 2005. 1101 Lake Ridge Dr is a home located in Black Hawk County with nearby schools including Helen A. Hansen Elementary School, Holmes Junior High School, and Cedar Falls High School.

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.

Northeast Iowa Regional Board of REALTORS® 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.

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