$525,000
SOLD APR 16, 2021

1224 Lake Ridge Dr Cedar Falls, IA 50613

5 Beds
3.5 Baths
4,026 Sq Ft
0.47 Acres

Recently Sold

$130 Per Sq Ft

6% Below List Price

50 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Covered Patio or Porch
  • Helen A. Hansen Elementary School Rated A-
  • Granite Countertops
  • Beamed Ceilings

About This Home

As of November 2022

This extraordinary 2 story stunner located in The Ridges subdivision is a true showstopper! The entire home has been renovated and features painted brick exterior, new flooring, wrought iron staircase and balcony and updated white trim throughout. The heart of the home starts with the amazing great room boasting a gas fireplace with stone surround and built-ins, soaring ceilings, wood beams and spectacular windows that showcase the scenic views of backyard. Just off the great room is a beautifully renovated kitchen with white and gray cabinetry, granite counters, under-cabinet lighting, large center island, stainless steel appliances and access to the new four seasons room which offers a great office space, cozy reading room or playroom for kids. Continuing through the main floor you will find a 1/2 bathroom, formal dining room, laundry room and luxurious main floor master en suite featuring dual-sink vanity with lots of storage, marble tiled shower, freestanding soaking tub, separate toilet room and large walk-in closet. The upper level has 3 bedrooms, one full bathroom and gorgeous views to the foyer and great room. Head to the walk-out lower level which provides lots of room to roam with a family room/REC room complete with a wet bar, a 5th bedroom, an office and a full bathroom. The private backyard is a rare find with lots of gorgeous mature trees, landscaping and plenty of green space and come Spring you can enjoy the great in-ground pool and club house offered only to families in The Ridges association. This is luxury at it's best! Call for a private showing and end your home search today!

Last Agent to Sell the Property

Sara Junaid

Oakridge Real Estate License #S6072200 Listed on: 02/05/2021

Oakridge Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,554

Year Built

  • Built in 2004

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 96 x 211
  • Landscaped

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Concrete Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • 4,026 Sq Ft Home
  • Wet Bar
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • French Doors
  • Panel Doors
  • Living Room with Fireplace
  • Wood Flooring
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Sump Pump

Outdoor Features

  • Covered Patio or Porch

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

Community Details

  • Built by Rob Schuerman

Listing and Financial Details

  • Assessor Parcel Number 891403431011

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,554

Year Built

Built in 2004

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Parcel Number: 891403431011
  • Year Built: 2004
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor, Laundry Room
  • Lot Size Acres: 0.465
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Reso Fireplace Features: One, Gas, Living Room
  • Reso Interior Features: Beamed Ceilings, Vaulted Ceiling(s), Ceiling Fan/Light, Granite Counters, French Doors, Paneled Doors, Sliding Glass Door, Stereo Surround System, Volume Entry, Wet Bar, Hardwood Floors
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 4026
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Appliances Negotiable, Dishwasher, Dryer, Disposal, Microwave, Free-Standing Range, Sump Pump, Refrigerator, Washer, Gas Water Heater
  • Basement: Concrete, Entrance-Outside, Radon Mitigation System, Walk-Out Access, Partially Finished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1125
  • BelowGradeArea: 1643

Exterior Features

  • Construction Type: Brk Accent, Vinyl Siding
  • Exterior Features: Landscaping, Patio-Covered, Porch-4 Season

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: 96 x 211
  • Lot Size Sq Ft: 20256
  • Additional Parcels: No

Building Info

  • Builder Name: Rob Schuerman

Tax Info

  • Tax Annual Amount: 8554

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Nov 22, 2022
Sold by
Hawthorne Kyle W and Hawthorne Morgan L
Bought by
Henry David E
Seller's Agent
Kyle Hawthorne
Structure Real Estate
List Price
$595,000
Sold Price
$645,000
Premium/Discount to List
$50,000
8.4%
Views
2
Current Estimated Value
$695,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,368
Avg. Annual Appreciation
2.67%
Original Mortgage
$608,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2021
Closed on
Apr 12, 2021
Sold by
Ghalayini Wael and Takieddine Aya
Bought by
Hawthorne Kyle and Hawthorne Morgan
Seller's Agent
Sara Junaid
Oakridge Real Estate
List Price
$559,900
Sold Price
$525,000
Premium/Discount to List
-$34,900
-6.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.73%
Original Mortgage
$472,500
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 14, 2017
Closed on
Apr 8, 2017
Sold by
Kamenova Boriana S and Kamenov Dragomir
Bought by
Ghalayini Wael and Takieddine Aya
Seller's Agent
Gale Bonsall
Oakridge Real Estate
List Price
$469,900
Sold Price
$450,000
Premium/Discount to List
-$19,900
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%
Original Mortgage
$424,100
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2006
Sold by
Sundet Mark P and Sundet Emily K
Bought by
Kamenova Boriana S and Kamenova Dragomir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,200
Interest Rate
6.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2005
Sold by
Schuerman Construction Lc
Bought by
Sundet Mark P and Sundet Emily K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,782
Interest Rate
5.86%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $645,000 Title Services Corporation
Warranty Deed $525,000 None Available
Warranty Deed -- None Available
Joint Tenancy Deed $472,125 None Available
Warranty Deed $469,500 Black Hawk County Abstract C
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $608,000 New Conventional
Previous Owner $472,500 New Conventional
Previous Owner $375,200 New Conventional
Previous Owner $82,782 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2022 11/22/22 Sold $645,000 +8.4% $171 / Sq Ft
10/21/2022 10/21/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $595,000 +13.3% $157 / Sq Ft
04/16/2021 04/16/21 Sold $525,000 -4.4% $130 / Sq Ft
03/27/2021 03/27/21 Pending -- -- --
02/23/2021 02/23/21 Price Changed $549,000 -1.9% $136 / Sq Ft
02/05/2021 02/05/21 For Sale $559,900 +24.4% $139 / Sq Ft
04/14/2017 04/14/17 Sold $450,000 -4.2% $118 / Sq Ft
02/18/2017 02/18/17 Pending -- -- --
02/14/2017 02/14/17 For Sale $469,900 -- $124 / 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 $9,756 $584,140 $77,950 $506,190
2023 $8,778 $584,140 $77,950 $506,190
2022 $8,940 $484,410 $77,950 $406,460
2021 $8,726 $487,440 $77,950 $409,490
2020 $8,554 $468,630 $59,140 $409,490
2019 $8,554 $468,630 $59,140 $409,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20210443

Northeast Iowa Regional Board of REALTORS®

APN: 8914-03-431-011