NOT LISTED FOR SALE

164 Summit Dr Cedar Falls, IA 50613

Estimated Value: $247,000 - $291,000

3 Beds
2 Baths
2,140 Sq Ft
$124/Sq Ft Est. Value

Last Sold May 10, 2019

Last sale price $185,000 $86 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,662/month

10 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • 2 Car Attached Garage
  • Holmes Junior High School Rated A-
  • Wood Flooring
  • Patio

About This Home

As of May 2019

WALKING DISTANCE TO UNI! You will appreciate all this well-cared for WALKOUT RANCH STYLE HOME has to offer. Situated on a lovely mature lot with gorgeous outdoor views from each level, you will appreciate the sunlight, shade trees, and natural landscapes and even enjoy the occasional glimpse of wildlife out your back door as you relax on the main level deck or lower level patio! The functional design and comfortable floor plan offer a spacious living room accentuated with a wood burning fireplace and provides plenty of wall space for bookshelves or special furniture pieces. The living room opens to the dining area which flows nicely into the large kitchen with ample counter and cabinet space. All 3 bedrooms are located on the main level, plus you will find a non-confirming 4th bedroom/office in the walkout lower level along with fabulous extra living spaces which include an informal family room/game room, sitting room/sunroom, and 2nd bath. A delightful home ready to be YOUR home today!

Last Agent to Sell the Property

Deanna Wheeler, GRI, CNE, CRS

RE/MAX Concepts - Cedar Falls License #B28309000 Listed on: 03/18/2019

RE/MAX Concepts - Cedar Falls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,261

Year Built

  • Built in 1961

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 90x180x120
  • Landscaped

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2,140 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Partially Finished Basement
  • Walk-Out Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on lower level

Outdoor Features

  • Deck
  • Patio

Schools

  • Lincoln Elementary Cf
  • Holmes Junior High
  • Cedar Falls High School

Utilities

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

Community Details

  • Westwood Heights Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 891414202016

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,261

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Parcel Number: 891414202016
  • Year Built: 1961
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Laundry Room, Lower Level
  • Lot Size Acres: 0.372
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-266-7100
  • MLS Status: Closed
  • Subdivision Name: Westwood Heights Addition
  • Reso Fireplace Features: Family Room, Living Room
  • Reso Interior Features: Hardwood Floors
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 2140
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Appliances Negotiable, Dishwasher, Disposal, Gas Water Heater, Water Softener Owned
  • Basement: Walk-Out Access, Partially Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 880
  • BelowGradeArea: 1260

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Deck, Landscaping, Patio

Garage/Parking

  • Parking Features: 2 Stall, Attached Garage

Utilities

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

Schools

  • Elementary School: Lincoln Elementary CF
  • High School: Cedar Falls High
  • Middle Or Junior School: Holmes Junior High

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 90x180x120
  • Lot Size Sq Ft: 16200
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 3261

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2019
Closed on
May 7, 2019
Sold by
Dunn Wesley M and Dunn Cynthia D
Bought by
Schmathorst Lucas C
Seller's Agent
Deanna Wheeler, GRI, CNE, CRS
RE/MAX Concepts - Cedar Falls
List Price
$189,900
Sold Price
$185,000
Premium/Discount to List
-$4,900
-2.58%
Current Estimated Value
$264,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,728
Avg. Annual Appreciation
5.53%
Original Mortgage
$18,500
Outstanding Balance
$7,514
Interest Rate
4.1%
Mortgage Type
Unknown
Estimated Equity
$257,214
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schmathorst Lucas C $185,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmathorst Lucas C $18,500
Open Schmathorst Lucas C $166,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2019 05/10/19 Sold $185,000 0.0% $86 / Sq Ft
04/02/2019 04/02/19 Off Market $185,000 -- --
03/28/2019 03/28/19 Pending -- -- --
03/18/2019 03/18/19 For Sale $189,900 -- $89 / 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 $3,328 $240,440 $71,820 $168,620
2024 $3,328 $217,000 $46,170 $170,830
2023 $3,300 $217,000 $46,170 $170,830
2022 $3,338 $187,590 $48,740 $138,850
2021 $3,132 $187,590 $48,740 $138,850
2020 $3,222 $176,480 $37,910 $138,570
2019 $3,222 $176,480 $37,910 $138,570
2018 $3,100 $176,480 $37,910 $138,570
2017 $3,172 $176,480 $37,910 $138,570
2016 $2,964 $176,480 $37,910 $138,570
2015 $2,964 $176,480 $37,910 $138,570
2014 $2,762 $163,280 $37,910 $125,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20191138

Northeast Iowa Regional Board of REALTORS®

APN: 8914-14-202-016