NOT LISTED FOR SALE

2500 Falbrook Dr NE Cedar Rapids, IA 52402

Estimated Value: $203,000 - $223,000

3 Beds
1 Bath
2,048 Sq Ft
$103/Sq Ft Est. Value

About This Home

This home is located at 2500 Falbrook Dr NE, Cedar Rapids, IA 52402 and is currently estimated at $210,948, approximately $103 per square foot. 2500 Falbrook Dr NE is a home located in Linn County with nearby schools including Pierce Elementary School, Franklin Middle School, and John F. Kennedy High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2017
Sold by
Klosterman Kurt and Klosterman Kimberly
Bought by
Glenn Burns Jaymee and Glenn Burns David
Current Estimated Value
$210,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Outstanding Balance
$92,015
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$114,867

Purchase Details

Closed on
Dec 26, 2007
Sold by
Klosterman Joyce A
Bought by
Klosterman Kurt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 2005
Sold by
Hansen Helen A
Bought by
Klosterman Joyce A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,400
Interest Rate
5.89%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 4, 2004
Sold by
Hansen Lester A and Hansen Helen A
Bought by
Hansen Helen A
Source: Public Records

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.

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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.

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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.

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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.

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Average Value
Not Available
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
Glenn Burns Jaymee -- None Available
Klosterman Kurt $124,500 None Available
Klosterman Joyce A $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glenn Burns Jaymee $108,000
Previous Owner Klosterman Kurt $93,750
Previous Owner Klosterman Kurt $22,200
Previous Owner Klosterman Kurt $118,750
Previous Owner Klosterman Joyce A $96,400
Source: Public Records

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
2023 $3,122 $181,500 $45,200 $136,300
2022 $3,066 $148,000 $36,500 $111,500
2021 $3,186 $148,000 $36,500 $111,500
2020 $3,186 $144,400 $33,000 $111,400
2019 $2,810 $130,400 $27,800 $102,600
2018 $2,734 $130,400 $27,800 $102,600
2017 $2,580 $127,000 $27,800 $99,200
2016 $2,579 $121,300 $27,800 $93,500
2015 $2,639 $124,063 $27,822 $96,241
2014 $2,454 $124,063 $27,822 $96,241
2013 $2,398 $124,063 $27,822 $96,241
Source: Public Records

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