NOT LISTED FOR SALE

1514 Springbrook Dr Cedar Falls, IA 50613

Estimated Value: $196,000 - $290,000

3 Beds
2 Baths
1,232 Sq Ft
$187/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $162,500 $132 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,502/month

14 Days on Market

Highlights

  • Deck
  • Porch
  • Laundry Room
  • Southdale Elementary School Rated A-
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of May 2020

Location, location, location! This ranch townhome is within walking distance of UNI plus close to shopping and entertainment. The home offers three nice size bedrooms including a master bedroom with ensuite and walk-in closet. You have an open floor plan as the kitchen, dining and living room flow perfectly together making it great for entertaining. The kitchen has lots of cabinets, including a pantry plus offers access to the backyard with a deck. The laundry is on the main floor making it convenient! The home is classified as a slab; however, you have great storage as the crawlspace is approximately 5' tall plus it dry and clean which makes it a great place to store all of those items you don't need. To make it complete, you have a attached two stall garage! Don't wait, make this your new home!

Last Listed By

Jane Obermeier

Oakridge Real Estate License #S56571000 Listed on: 02/28/2020

Oakridge Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,727

Year Built

  • Built in 2012

Lot Details

  • 6,625 Sq Ft Lot
  • Lot Dimensions are 53x125

Home Design

  • Concrete Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,232 Sq Ft Home
  • Ceiling Fan
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Unfinished Basement

  • Sump Pump
  • Crawl Space

Home Security

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Schools

  • Southdale Elementary School
  • Peet Junior High
  • Cedar Falls High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • University Meadows Subdivision
  • Fire and Smoke Detector

Listing and Financial Details

  • Assessor Parcel Number 891423401062

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,727

Year Built

Built in 2012

Lot Details

0

Listing Details

  • Parcel Number: 891423401062
  • Year Built: 2012
  • Property Sub-Type: Townhouse
  • ResoLaundryFeatures: 1st Floor, Laundry Room
  • Lot Size Acres: 0.152
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Subdivision Name: University Meadows
  • Reso Fireplace Features: None
  • Reso Interior Features: Pantry
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 1232
  • Special Features: VirtualTour
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Smoke Detector, Dishwasher, MicroHood, Sump Pump, Gas Water Heater
  • Basement: Concrete, Crawl Space, Floor Drain, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • BelowGradeArea: 0

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Porch

Garage/Parking

  • Parking Features: 2 Stall, Attached Garage, Garage Door Opener

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: City Sewer
  • Water Source: City

Schools

  • Elementary School: Southdale Elementary
  • High School: Cedar Falls High
  • Middle Or Junior School: Peet Junior High

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 53x125
  • Lot Size Sq Ft: 6625
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2727

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2023
Sold by
Patel Ami and Patel Mitesh
Bought by
Village Creek Rentals Llc
Total Days on Market
14
Current Estimated Value
$229,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,400
Outstanding Balance
$108,625
Interest Rate
6.81%
Estimated Equity
$131,733

Purchase Details

Listed on
Feb 28, 2020
Closed on
May 5, 2020
Sold by
Ireland Katie M and Ireland Cory
Bought by
Schafer Holly
Seller's Agent
Jane Obermeier
Oakridge Real Estate
List Price
$189,900
Sold Price
$162,500
Premium/Discount to List
-$27,400
-14.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.11%
Original Mortgage
$10,000
Interest Rate
3.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 1, 2013
Sold by
Balck Hawk Contracting & Development Co
Bought by
Hess Katie M and Hess Marvin W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3.49%
Mortgage Type
Purchase Money Mortgage

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
Village Creek Rentals Llc $138,000 None Listed On Document
Schafer Holly $162,500 None Available
Hess Katie M $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Village Creek Rentals Llc $110,400
Previous Owner Ireland Katie M $10,000
Previous Owner Hess Katie M $112,500
Previous Owner Hess Katie M $37,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $162,500 -7.1% $132 / Sq Ft
03/13/2020 03/13/20 Pending -- -- --
03/07/2020 03/07/20 Price Changed $174,900 -7.9% $142 / Sq Ft
02/28/2020 02/28/20 For Sale $189,900 -- $154 / 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 $2,668 $181,060 $29,560 $151,500
2023 $2,780 $181,060 $29,560 $151,500
2022 $2,978 $159,440 $29,560 $129,880
2021 $2,920 $159,440 $29,560 $129,880
2020 $2,702 $156,870 $26,990 $129,880
2019 $2,702 $156,870 $26,990 $129,880
2018 $2,560 $147,250 $26,990 $120,260
2017 $2,620 $147,250 $26,990 $120,260
2016 $2,448 $147,250 $26,990 $120,260
2015 $2,448 $147,250 $26,990 $120,260
2014 $2,476 $147,250 $26,990 $120,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20200918

Northeast Iowa Regional Board of REALTORS®

APN: 8914-23-401-062