NOT LISTED FOR SALE

2018 Reese Rd Cedar Falls, IA 50613

Estimated Value: $489,554 - $523,000

5 Beds
3 Baths
2,801 Sq Ft
$181/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $363,000 $130 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,270/month

43 Days on Market

Highlights

  • Deck
  • 3 Car Attached Garage
  • Landscaped
  • Bess Streeter Aldrich Elementary School Rated A
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of November 2020

This meticulous home is ready for you to call HOME! With its five bedrooms and three bathrooms, there is room for the whole family. The beautiful neutral finishes make this home warm and cozy, along with its gorgeous kitchen with top-of-the-line, shaker style cabinets, countertops, appliances ~ AND a walk-in pantry! The amazing master bedroom features a tiled shower and a soaking tub, complete with a walk-in closet. Enjoy two more spacious bedrooms and a full bath on the main floor. The lower level is completely finished and ready for relaxing and entertaining. Two bedrooms and a full bath complete the basement, along with expansive storage space. This home is tastefully designed and beautifully decorated, along with being located in the highly desirable Prairie West development, steps from the new Aldrich Elementary.

Last Agent to Sell the Property

Tracy Mudd

Vine Valley Real Estate License #S6556600 Listed on: 08/17/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,920

Year Built

  • Built in 2017

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 90x140
  • Landscaped

Parking

  • 3 Car Attached Garage

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 2,801 Sq Ft Home
  • Partially Finished Basement
  • Sump Pump
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

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

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Prairie West Subdivision

Listing and Financial Details

  • Assessor Parcel Number 891426181001

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,920

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Parcel Number: 891426181001
  • Year Built: 2017
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor, Laundry Room
  • Lot Size Acres: 0.289
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-260-2016
  • MLS Status: Closed
  • Subdivision Name: Prairie West
  • Reso Fireplace Features: None
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 2801
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Built-In Oven, Built-In Range, Dishwasher, Dryer, Disposal, Microwave Built In, Sump Pump, Refrigerator, Washer
  • Basement: Partially Unfinished
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1179
  • BelowGradeArea: 1622

Exterior Features

  • Construction Type: Stone, Vinyl Siding
  • Exterior Features: Deck, Landscaping

Garage/Parking

  • Parking Features: 3 or More Stalls, Attached Garage

Utilities

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

Schools

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

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 90x140
  • Lot Size Sq Ft: 12600
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 5920

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2020
Closed on
Nov 16, 2020
Sold by
Gallagher Kenneth A and Gallagher Kelly A
Bought by
Ahmad Shahbaz
Seller's Agent
Tracy Mudd
Vine Valley Real Estate
List Price
$389,000
Sold Price
$363,000
Premium/Discount to List
-$26,000
-6.68%
Current Estimated Value
$507,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,889
Avg. Annual Appreciation
7.12%
Original Mortgage
$280,000
Outstanding Balance
$253,229
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$254,660
Source: Public Records

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
Ahmad Shahbaz $363,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmad Shahbaz $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2020 11/16/20 Sold $363,000 -3.9% $130 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/16/2020 09/16/20 Price Changed $377,900 -2.9% $135 / Sq Ft
08/17/2020 08/17/20 For Sale $389,000 +11.1% $139 / Sq Ft
05/21/2018 05/21/18 Sold $350,000 0.0% $125 / Sq Ft View Prior Sale
04/18/2018 04/18/18 Off Market $350,000 -- --
02/03/2018 02/03/18 For Sale $358,000 -- $128 / 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 $6,924 $430,320 $76,500 $353,820
2023 $6,786 $430,320 $76,500 $353,820
2022 $6,868 $367,610 $76,500 $291,110
2021 $6,476 $367,610 $76,500 $291,110
2020 $6,344 $356,360 $65,250 $291,110
2019 $6,344 $356,360 $65,250 $291,110
2018 $5,762 $319,680 $65,250 $254,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20204085

Northeast Iowa Regional Board of REALTORS®

APN: 8914-26-181-001