NOT LISTED FOR SALE

221 E 5th St Unit 204 Cedar Falls, IA 50613

Estimated Value: $251,000 - $295,000

2 Beds
2 Baths
1,052 Sq Ft
$150/mo HOA Fee

Last Sold September 13, 2023

Last sale price $245,000 $233 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,876/month

73 Days on Market

Highlights

  • Deck
  • Solid Surface Countertops
  • Laundry Room
  • Holmes Junior High School Rated A-
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of September 2023

GREAT INVESTMENT OPPORTUNITY with a current lease into 2024, and option for owner occupancy thereafter, if desired. Ideal location, modern touches, and contemporary living ~ this one has it all! Located in the CF downtown district, this 2 bed/ 2 bath condo is within walking distance to so much ~ shopping, dining, entertainment, walking/biking trails, and library ~ just to name a few! This condo features a spacious eat-in kitchen and living area, along with two bedrooms, both with large closet and storage spaces. Enjoy the mornings and evenings on your outdoor patio as well. Additional features of this great condo and building are in-unit washer/dryer, under-building parking garage and an elevator for ease and accessibility.

Last Agent to Sell the Property

Tracy Mudd

Vine Valley Real Estate License #S6556600 Listed on: 05/05/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,656

Year Built

  • Built in 2014

Lot Details

  • 1,742

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • 1,052 Sq Ft Home
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Kitchen

  • Built-In Oven
  • Built-In Range
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

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

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Schools

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

Utilities

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

Listing and Financial Details

  • Total Actual Rent $1,675
  • Assessor Parcel Number 891412405004

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,656

Year Built

Built in 2014

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Parcel Number: 891412405004
  • Year Built: 2014
  • Property Sub-Type: Condominium
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor, Laundry Room
  • Lot Size Acres: 0.04
  • Road Surface Type: Common
  • Co List Office Phone: 319-249-5468
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Interior Features: Solid Surface Counters, Elevator
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1052
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Built-In Oven, Built-In Range, Dishwasher, Dryer, Disposal, Microwave Built In, Refrigerator, Washer, Gas Water Heater
  • Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • BelowGradeArea: 0

Exterior Features

  • Construction Type: Brk Accent, Vinyl Siding
  • Exterior Features: Deck

Garage/Parking

  • Parking Features: 1 Stall, Attached Garage, Garage Door Opener, Heated Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Zoning: C-3
  • Lot Dimensions: 0
  • Lot Size Sq Ft: 1676
  • Additional Parcels: No

Multi Family

  • Total Actual Rent: 1675

Tax Info

  • Tax Annual Amount: 3656

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Oct 11, 2023
Sold by
Pumroy Thomas Frank and Gottschalk Sara
Bought by
Pumroy Thomas Frank and Gottschalk Sara
Seller's Agent
Tracy Mudd
Vine Valley Real Estate
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Views
424
Current Estimated Value
$272,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,204
Avg. Annual Appreciation
7.77%

Purchase Details

Listed on
May 5, 2023
Closed on
Sep 1, 2023
Sold by
4D Investments Llc
Bought by
Pumroy Thomas Frank and Gottschalk Sara
Seller's Agent
Tracy Mudd
Vine Valley Real Estate
List Price
$250,000
Sold Price
$245,000
Premium/Discount to List
-$5,000
-2%
Views
424
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
Pumroy Thomas Frank -- None Listed On Document
Pumroy Thomas Frank $245,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2023 09/13/23 Sold $245,000 -2.0% $233 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $250,000 -- $238 / 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 $3,400 $235,260 $4,190 $231,070
2023 $3,612 $235,260 $4,190 $231,070
2022 $3,656 $195,690 $5,030 $190,660
2021 $3,644 $195,690 $5,030 $190,660
2020 $3,572 $195,690 $5,030 $190,660
2019 $3,572 $195,690 $5,030 $190,660
2018 $3,744 $195,690 $5,030 $190,660
2017 $3,744 $202,600 $3,350 $199,250
2016 $1,126 $202,600 $3,350 $199,250
2015 $1,126 $63,730 $3,350 $60,380
2014 $68 $3,350 $3,350 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20231683

Northeast Iowa Regional Board of REALTORS®

APN: 8914-12-405-004