NOT LISTED FOR SALE

130 Summit Dr Cedar Falls, IA 50613

Estimated Value: $396,000 - $468,000

3 Beds
2 Baths
2,222 Sq Ft
$193/Sq Ft Est. Value

Last Sold August 09, 2019

Last sale price $300,000 $135 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,729/month

About This Home

A mid-century masterpiece! Designed with distinction and far from ordinary, this unique home has been meticulously remodeled and refinished with every detail in mind! The exterior of this home is instantly eye catching and boasts superb style and detail, along with clean lines and incredible landscaping. Once inside you’ll love the open layout and window wrapped living room, never compromising on natural light and exterior views. The main living room offers lots to adore with a contemporary stone fireplace, beamed ceiling and new hard surface flooring. The spacious living room also provides enough space for a combined dining room that’s complemented by the expansive corner windows. Moving into the dine-in kitchen you’ll love the complete overhaul and modern refinishing. Here you’ll enjoy high quality, custom cabinets paired with distinct quartz countertops, stainless appliances, tile backsplash and a fantastic center island with breakfast bar seating. The high-end finishes don’t end there. You’ll also enjoy three superb bedrooms, including a stunning master suite with attached full bathroom with a great tile shower. Finishing the main floor, is an additional full bathroom with incredible new finishes and tile shower, a laundry area and an in-home office, just off the living space. The lower level is packed with potential with a huge family room/rec room space and tons of storage. The exterior amenities are just as amazing, providing a double stall garage with serving window and kitchen area for easy entertaining. This climate controlled garage offers additional living space year round and is the perfect place for spending time outdoors with the comfort of the indoors. There’s also a breezeway patio and back patio area, perfect for enjoying the meticulous outdoor spaces. The single stall storage shed in the backyard is also a nice touch, adding easy storage and convenience. All the work is done! A complete home remodel! Don’t miss it!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2019
Closed on
Aug 1, 2019
Sold by
Petersen Steven C and Petersen Amy J
Bought by
Thompson Kyle P and Thompson Ashley
Seller's Agent
Amy Wienands
AWRE, EXP Realty, LLC
List Price
$329,900
Sold Price
$300,000
Premium/Discount to List
-$29,900
-9.06%
Current Estimated Value
$428,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,824
Avg. Annual Appreciation
5.70%
Original Mortgage
$240,000
Outstanding Balance
$209,739
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$219,085

Purchase Details

Closed on
Jun 9, 2008
Sold by
Walker Donald E and Walker Miriam Westendorf
Bought by
Petersen Steven C and Petersen Amy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,466
Interest Rate
6.09%
Mortgage Type
FHA
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
Thompson Kyle P -- --
Petersen Steven C $164,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Kyle P $240,000
Previous Owner Petersen Steven C $161,466
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/09/2019 08/09/19 Sold $300,000 -6.2% $119 / Sq Ft View Prior Sale
07/03/2019 07/03/19 Pending -- -- --
07/01/2019 07/01/19 Price Changed $319,900 -3.0% $127 / Sq Ft
06/11/2019 06/11/19 For Sale $329,900 -- $131 / Sq Ft

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 $5,842 $425,130 $62,300 $362,830
2024 $5,842 $373,250 $40,050 $333,200
2023 $5,466 $373,250 $40,050 $333,200
2022 $5,532 $296,050 $40,050 $256,000
2021 $4,108 $296,050 $40,050 $256,000
2020 $3,678 $210,350 $31,150 $179,200
2019 $3,678 $210,350 $31,150 $179,200
2018 $3,668 $210,350 $31,150 $179,200
2017 $3,716 $207,230 $31,150 $176,080
2016 $3,628 $205,290 $31,150 $174,140
2015 $3,628 $205,290 $31,150 $174,140
2014 $3,374 $188,710 $31,150 $157,560
Source: Public Records

Agents Affiliated with this Home

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