NOT LISTED FOR SALE

250 State St Unit 401 Cedar Falls, IA 50613

Estimated Value: $258,000 - $299,000

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. 24% increase in value since last sale

Current estimated payment $2,022/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

  • $2,808

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

$2,808

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
  • PropertyType: Residential
  • 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
$272,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,560
Avg. Annual Appreciation
3.40%
Original Mortgage
$115,000
Interest Rate
4.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Erickson Larry E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 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 $2,808 $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

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20191344

Northeast Iowa Regional Board of REALTORS®

APN: 8914-12-253-078