NOT LISTED FOR SALE

250 State St Unit 401 Cedar Falls, IA 50613

Estimated Value: $253,000 - $270,000

1 Bed
1 Bath
884 Sq Ft
$343/mo HOA Fee

Last Sold July 31, 2019

Last sale price $219,000 $248 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,046/month

77 Days on Market

Highlights

  • Water Views
  • Vaulted Ceiling
  • Patio
  • Holmes Junior High School Rated A-
  • Solid Surface Countertops
  • Handicap Accessible

About This Home

As of July 2019

You'll love this one bedroom 4th floor end unit at River Place! Enjoy high-end condo finishes such as Zodiac quartz countertops, in-unit HE washer/dryer, 15 foot ceilings, and floor to ceiling windows, offering tons of natural light. There's a private patio overlooking downtown, the Plaza (2020), and the Cedar River. Don't worry about any of the maintenance with on-site property managers. Also included is access to all the amenities including a dining room, lobby with coffee & tea, trash/recycling, parking in lot adjacent to the building, and fitness area. Call today!

Last Agent to Sell the Property

Dan Berregaard

Oakridge Real Estate License #B40431 Listed on: 03/29/2019

Oakridge Real Estate

Co-Listed By

Carl Ericson

Oakridge Real Estate License #S43269

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,828

Year Built

  • Built in 2016

Lot Details

  • 653

HOA Fees

  • $343 Monthly HOA Fees

Parking

  • No Garage

Property Views

  • Water
  • City

Home Design

  • Brick Exterior Construction
  • Membrane Roofing

Interior Spaces

  • 884 Sq Ft Home
  • Vaulted Ceiling

Kitchen

  • Free-Standing Range
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Home Security

Schools

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

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Handicap Accessible
  • Patio

Listing and Financial Details

  • Total Actual Rent $1,500
  • Assessor Parcel Number 891412253078

Community Details

Overview

  • River Place Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,828

Year Built

Built in 2016

Lot Details

0

HOA Fees

$343 per month

Listing Details

  • Parcel Number: 891412253078
  • Year Built: 2016
  • Property Sub-Type: Condominium
  • ResoLaundryFeatures: 1st Floor, Dryer Hookup-Ele, Laundry Closet, Washer Hookup
  • ResoLotFeatures: City View, Water View
  • Lot Size Acres: 0.015
  • Road Frontage Type: Paved Road
  • 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
  • Subdivision Name: River Place
  • Reso Fireplace Features: None
  • Reso Interior Features: Vaulted Ceiling(s), Solid Surface Counters, Handicap Access, Elevator
  • Reso Roof: Membrane
  • TotalFinishedSquareFootage: 884
  • Special Features: VirtualTour
  • Property Sub Type: Condos

Interior Features

  • Appliances: Smoke Detector, Dishwasher, Dryer, Disposal, Microwave Built In, Free-Standing Range, Refrigerator, Washer
  • Basement: None
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • BelowGradeArea: 0

Exterior Features

  • Construction Type: Brick
  • Exterior Features: Sidewalk, Patio

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 343
  • Association Fee Frequency: Monthly

Schools

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

Lot Info

  • Zoning: C-3
  • Lot Dimensions: Common
  • Lot Size Sq Ft: 640
  • Additional Parcels: No

Multi Family

  • Total Actual Rent: 1500

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2019
Closed on
Jul 31, 2019
Sold by
State Street Residences 2
Bought by
Erickson Larry E and Lewis Derab K
Seller's Agent
Dan Berregaard
Oakridge Real Estate
List Price
$229,000
Sold Price
$219,000
Premium/Discount to List
-$10,000
-4.37%
Current Estimated Value
$263,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,331
Avg. Annual Appreciation
3.20%
Original Mortgage
$115,000
Interest Rate
4.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Similar Homes in Cedar Falls, IA

  • 485 Autumn Ln Unit 1, Cedar Falls, IA 50613

    $309,900

    • 2 Beds
    • 2 Baths
    • 1,550 Sq Ft
    • 485 Autumn Ln
    • Unit 1
    • Cedar Falls, IA

    Don't miss out on this amazing move in ready condo! Open floor plan with 9' ceilings and space to enjoy including the natural light that shines in dining, kitchen and living space. Kitchen space has breakfast bar area along with a dining room, pantry and plenty of cupboard space. Owners Suite offers a private bath and walk in closet and the 2nd bedroom has a double closet. Large 2-stall

    Karmen Schwake Oakridge Real Estate

    Section Image
  • 221 E 5th St Unit 305, Cedar Falls, IA 50613

    $255,000

    • 2 Beds
    • 2 Baths
    • 1,020 Sq Ft
    • 221 E 5th St
    • Unit 305
    • Cedar Falls, IA

    Come and enjoy the convenience of condo living in the Cedar Falls downtown district putting you just steps away from fabulous restaurants and sweet treats, fitness facilities, coffee, local shopping, walking/biking trails and all the entertainment our wonderful downtown offers. Stepping inside you will find a sleek eat in kitchen and a spacious living room with access to the back patio. This unit

    Amy Wienands AWRE, EXP Realty, LLC

    Section Image
  • 1813 W 18th St Unit B, Cedar Falls, IA 50613

    $239,900

    • 2 Beds
    • 2 Baths
    • 1,537 Sq Ft
    • 1813 W 18th St
    • Unit B
    • Cedar Falls, IA

    Shovel snow and mow lawns NO MORE! It's all taken care of for you with this beautiful, large 1537 SF, 1 story, 2 bedroom, 2 bathroom condominium. This one is has the open floor plan so popular with many. You walk in the front door to the spacious living room, dining area and past that is a wonderful additional living area with windows overlooking the pond that is in your backyard. The master

    Don Betts Oakridge Real Estate

    Section Image
  • 4328 Spruce Creek Dr, Cedar Falls, IA 50613

    $283,499

    • 3 Beds
    • 2.5 Baths
    • 1,500 Sq Ft
    • 4328 Spruce Creek Dr
    • Cedar Falls, IA

    $5000 Buyer Credit! New construction townhomes in a wonderful location, private views with trees and green space, just off of Greenhill Rd and within walking distance to Fareway and just a few minutes from Target, WalMart and shopping! Trail access is just steps away. These homes offer 1500 sq ft of living space and a 2 car garage. The main level has kitchen, dining and living rooms with a half

    Shane Frost Structure Real Estate

    Section Image
  • 210 Balboa Ave Unit B2, Cedar Falls, IA 50613

    $224,500

    • 3 Beds
    • 2 Baths
    • 1,629 Sq Ft
    • 210 Balboa Ave
    • Unit B2
    • Cedar Falls, IA

    Updated condo with plenty of space to spread out and none of the outside upkeep! You'll love the main floor with a gorgeous stone fireplace anchoring the living room, vaulted ceilings to the loft and the large updated kitchen with solid surface countertop, new appliances and soft close cabinets and drawers. Then head towards the first two bedrooms and full bath. Upstairs there is great space for

    Brandie White Berkshire Hathaway Home Services One Realty Centre

    Section Image
  • 435 Autumn Ln Unit 2, Cedar Falls, IA 50613

    $313,900

    • 2 Beds
    • 2 Baths
    • 1,562 Sq Ft
    • 435 Autumn Ln
    • Unit 2
    • Cedar Falls, IA

    New construction condo that features 9' ceilings and an open floor plan. Construction is scheduled to be completed between Thanksgiving and Christmas 2025. Master suite with a private bath and walk-in closet. Large 2 stall garage with room for 2 vehicles and lots of extra room for storage. The back patio gives you a place to enjoy your morning coffee or afternoon beverage. Come out to see how

    Brian Happel RE/MAX Concepts - Waverly

    Section Image
  • 435 Autumn Ln Unit 6, Cedar Falls, IA 50613

    $318,900

    • 2 Beds
    • 2 Baths
    • 1,562 Sq Ft
    • 435 Autumn Ln
    • Unit 6
    • Cedar Falls, IA

    New construction condo that features 9' ceilings and an open floor plan. Master suite with a private bath and walk-in closet. Large 2 stall garage with room for 2 vehicles and lots of extra room for storage. The back patio gives you a place to enjoy your morning coffee or afternoon beverage. Come out to see how easy life can be. Watch someone else mow this summer and shovel snow this winter.

    Brian Happel RE/MAX Concepts - Waverly

    Section Image
  • 4025 Cedar Heights Dr Unit 2, Cedar Falls, IA 50613

    $269,900

    • 2 Beds
    • 2 Baths
    • 1,296 Sq Ft
    • 4025 Cedar Heights Dr
    • Unit 2
    • Cedar Falls, IA

    Welcome to the luxury condo you have been looking for! This stunning ground-floor unit in the new Creekside community has fully-compliant accessibility in mind with the 1,300 SF floor plan. Within are two generous bedrooms, both with walk-in closets, and two bathrooms. The en-suite has a fully-tiled zero-entry shower. The large kitchen is any cook's dream with a smart configuration, island with

    Brian Page Oakridge Real Estate

    Section Image
  • 4015 Cedar Heights Dr Unit 6, Cedar Falls, IA 50613

    $274,900

    • 2 Beds
    • 2 Baths
    • 1,332 Sq Ft
    • 4015 Cedar Heights Dr
    • Unit 6
    • Cedar Falls, IA

    LGC is excited to introduce Creekside Luxury Condos. These spacious 2-bedroom, 2-bathroom, owner-occupied units incorporate several layout variations with endless customization options. Choose between several curated finishing packages or work with LGC’s design team for something bespoke to your needs. All Creekside condos come with luxurious finishes and appointments, elevator access, extensive

    Brian Page Oakridge Real Estate

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Erickson Larry E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lewis Debra K $123,500
Closed Erickson Larry E $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $219,000 -4.4% $248 / Sq Ft
06/14/2019 06/14/19 Pending -- -- --
03/29/2019 03/29/19 For Sale $229,000 -- $259 / 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 $2,828 $198,410 $14,690 $183,720
2023 $3,644 $198,410 $14,690 $183,720
2022 $3,686 $206,280 $4,800 $201,480
2021 $3,680 $206,280 $4,800 $201,480
2020 $3,766 $206,280 $4,800 $201,480
2019 $3,766 $206,280 $4,800 $201,480
2018 $4,206 $205,640 $4,160 $201,480
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20191344

Northeast Iowa Regional Board of REALTORS®

APN: 8914-12-253-078