$237,500
SOLD MAR 7, 2025

1505 Lilac Ln Cedar Falls, IA 50613

4 Beds
1.5 Baths
2,230 Sq Ft
10,260 Sq Ft Lot

Recently Sold

$107 Per Sq Ft

3% Below List Price

53 Days on Market

Highlights

  • Fireplace
  • 1 Car Attached Garage
  • Water Softener
  • Peet Junior High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of March 2025

Step right into this gorgeous four bedroom ranch here in Cedar Falls Iowa! This mid-century ranch has 2 beds up and 2 beds down! This ranch sports 1480 finished square feet on the main floor with an additional 750 finished in the lower level! Total of 2230 finished square feet of living space. Tons of updates, and a fenced in backyard for privacy and pets! School systems are Orchard Hill Elementary, Peet Jr. High, and Cedar Falls High! Close to all sorts of conveniences at your fingertips! Home sits on a .24 acre lot with 10260 sq ft m/l and has an oversized 1 stall attached garage! Very nice property looking for a new owner! Contact your favorite local agent to schedule a showing!

Last Agent to Sell the Property

Matthew Wikert

RE/MAX Concepts - Cedar Falls License #S62703000 Listed on: 11/20/2024

RE/MAX Concepts - Cedar Falls

Last Buyer's Agent

Cody Johnson

Karen Steffes Homes, LLC License #B66746000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 1955

Lot Details

  • 10,260 Sq Ft Lot
  • Lot Dimensions are 76 x 135

Parking

  • 1 Car Attached Garage

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • 2,230 Sq Ft Home
  • Fireplace
  • Partially Finished Basement
  • Sump Pump
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Schools

  • Orchard Hill Elementary School
  • Peet Junior High
  • Cedar Falls High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 891319182003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,600

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Parcel Number: 891319182003
  • Year Built: 1955
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 2nd Floor
  • Lot Size Acres: 0.24
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-266-7100
  • MLS Status: Closed
  • Reso Fireplace Features: One
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 2230
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Dishwasher, Dryer, Disposal, Free-Standing Range, Sump Pump, Refrigerator, Washer, Gas Water Heater, Water Softener
  • Basement: Block, Radon Mitigation System, Partially Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 750
  • BelowGradeArea: 1480

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: 1 Stall, Attached Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Orchard Hill Elementary
  • High School: Cedar Falls High
  • Middle Or Junior School: Peet Junior High

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 76 x 135
  • Lot Size Sq Ft: 10260
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 3600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2024
Closed on
Mar 3, 2025
Sold by
Sauerbrei Trevor
Bought by
Coulander Tyler and Grosenheider Chandler Ruth
Seller's Agent
Matthew Wikert
RE/MAX Concepts - Cedar Falls
Buyer's Agent
Cody Johnson
Karen Steffes Homes, LLC
List Price
$245,000
Sold Price
$237,500
Premium/Discount to List
-$7,500
-3.06%
Views
75
Current Estimated Value
$241,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,517
Avg. Annual Appreciation
2.12%
Original Mortgage
$225,625
Outstanding Balance
$224,279
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$16,738

Purchase Details

Listed on
Aug 31, 2021
Closed on
Feb 23, 2022
Sold by
Ly and Sanmei
Bought by
Sauerbrei Trevor
Seller's Agent
Kyle Hawthorne
Structure Real Estate
List Price
$179,000
Sold Price
$170,000
Premium/Discount to List
-$9,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%
Original Mortgage
$175,277
Interest Rate
3.55%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 28, 2017
Closed on
Jun 12, 2017
Sold by
Sloan Eric T and Sloan Maggie A
Bought by
Ly Kin
Seller's Agent
Gordon Sorensen
RE/MAX Concepts - Cedar Falls
List Price
$174,900
Sold Price
$164,000
Premium/Discount to List
-$10,900
-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
0.77%
Original Mortgage
$131,200
Interest Rate
4.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2011
Sold by
Odonald James W and Odonald Beth A
Bought by
Sloan Eric T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $237,500 None Listed On Document
Warranty Deed $170,000 None Listed On Document
Warranty Deed $164,000 None Available
Warranty Deed $155,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $225,625 New Conventional
Previous Owner $175,277 Construction
Previous Owner $131,200 Purchase Money Mortgage
Previous Owner $90,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2025 03/07/25 Sold $237,500 0.0% $107 / Sq Ft
01/12/2025 01/12/25 Pending -- -- --
01/08/2025 01/08/25 Off Market $237,500 -- --
11/20/2024 11/20/24 For Sale $245,000 +44.1% $110 / Sq Ft
02/25/2022 02/25/22 Sold $170,000 -1.4% $68 / Sq Ft View Prior Sale
12/23/2021 12/23/21 Pending -- -- --
11/24/2021 11/24/21 Price Changed $172,500 -3.6% $69 / Sq Ft
10/27/2021 10/27/21 For Sale $179,000 0.0% $72 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
09/30/2021 09/30/21 For Sale $179,000 0.0% $72 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
09/16/2021 09/16/21 Price Changed $179,000 -4.5% $72 / Sq Ft
08/31/2021 08/31/21 For Sale $187,500 +14.3% $75 / Sq Ft
06/12/2017 06/12/17 Sold $164,000 -6.2% $66 / Sq Ft View Prior Sale
04/12/2017 04/12/17 Pending -- -- --
03/28/2017 03/28/17 For Sale $174,900 -- $70 / 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
2025 $3,540 $257,420 $28,220 $229,200
2024 $3,540 $230,240 $28,220 $202,020
2023 $3,294 $230,240 $28,220 $202,020
2022 $3,498 $187,260 $28,220 $159,040
2021 $3,382 $187,260 $28,220 $159,040
2020 $3,314 $181,610 $22,570 $159,040
2019 $3,314 $181,610 $22,570 $159,040
2018 $3,086 $181,610 $22,570 $159,040
2017 $3,152 $167,000 $22,570 $144,430
2016 $2,952 $167,000 $22,570 $144,430
2015 $2,952 $167,000 $22,570 $144,430
2014 $2,868 $160,440 $22,570 $137,870
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20245154

Northeast Iowa Regional Board of REALTORS®

APN: 8913-19-182-003