NOT LISTED FOR SALE

221 E 5th St Unit 309 Cedar Falls, IA 50613

Estimated Value: $259,000 - $312,000

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

Last Sold July 12, 2021

Last sale price $205,000 $195 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,952/month

Highlights

  • Deck
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Holmes Junior High School Rated A-
  • Laundry closet
  • Heated Garage

About This Home

As of July 2021

Come check out this beautiful 3rd floor condo located in downtown Cedar Falls! You'll be steps away from the shopping and entertainment of Main Street and the festivities and live music of State Street. The amenities in this condo rivals other downtown condos with more space and a heated garage that comes with 2 stalls. Inside, choose to take the elevator or stairs, but after a short walk you’ll step inside and immediately appreciate the newness, open layout, and move-in ready feel to this unit. The kitchen includes an awesome center island, stainless steel appliances, breakfast bar and ample counter space. Off the front door and kitchen is a full bathroom and laundry room, while down the hall is a gorgeous master suite, walk-in closet and full bathroom. The second bedroom is a perfect extra space for your home office, den or guest room. Come see what this one is all about!

Last Agent to Sell the Property

Josh Bey

Oakridge Real Estate License #S453650 Listed on: 05/25/2021

Oakridge Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,705

Year Built

  • Built in 2015

Lot Details

  • 1,786

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • 1,052 Sq Ft Home
  • Stucco Exterior Insulation and Finish Systems
  • Shingle Roof
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding

Kitchen

  • Free-Standing Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Tuck Under Garage
  • Garage Door Opener

Schools

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

Utilities

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

Additional Features

  • Laundry closet
  • Deck

Community Details

  • Built by Panther Builders

Listing and Financial Details

  • Assessor Parcel Number 891412405013

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,705

Year Built

Built in 2015

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Parcel Number: 891412405013
  • Year Built: 2015
  • Property Sub-Type: Condominium
  • PropertyType: Residential
  • ResoLaundryFeatures: Laundry Closet
  • Lot Size Acres: 0.041
  • Road Surface Type: Concrete
  • Co List Office Mls Id: NBR49
  • Co List Office Phone: 319-277-5005
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1052
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave Built In, Free-Standing Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • BelowGradeArea: 0

Exterior Features

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

Garage/Parking

  • Parking Features: 2 Stall, Attached Garage, Built-In, Garage Door Opener, Heated Garage, Tuckunder 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 x 0
  • Lot Size Sq Ft: 1775
  • Additional Parcels: No

Building Info

  • Builder Name: Panther Builders

Tax Info

  • Tax Annual Amount: 3705

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Jul 7, 2021
Sold by
Fisher Nicholas A
Bought by
Flaherty Matthew
Seller's Agent
Josh Bey
Oakridge Real Estate
List Price
$205,000
Sold Price
$205,000
Current Estimated Value
$281,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,752
Avg. Annual Appreciation
8.48%
Original Mortgage
$174,250
Outstanding Balance
$159,940
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$128,829
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
Flaherty Matthew $205,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flaherty Matthew $174,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2021 07/12/21 Sold $205,000 0.0% $195 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $205,000 +3.8% $195 / Sq Ft
06/28/2019 06/28/19 Sold $197,500 -0.8% $188 / Sq Ft
11/28/2018 11/28/18 For Sale $199,000 -- $189 / 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 $3,764 $244,100 $4,440 $239,660
2023 $3,746 $244,100 $4,440 $239,660
2022 $3,624 $202,940 $5,320 $197,620
2021 $3,618 $202,940 $5,320 $197,620
2020 $3,544 $202,940 $5,320 $197,620
2019 $3,544 $202,940 $5,320 $197,620
2018 $3,882 $202,940 $5,320 $197,620
2017 $3,966 $210,070 $3,550 $206,520
2016 $1,192 $210,070 $3,550 $206,520
2015 $1,192 $67,490 $3,550 $63,940
2014 $72 $3,550 $3,550 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20212246

Northeast Iowa Regional Board of REALTORS®

APN: 8914-12-405-013