NOT LISTED FOR SALE

2501 Falcon Dr NE Cedar Rapids, IA 52402

Estimated Value: $263,000 - $273,000

4 Beds
2.5 Baths
1,756 Sq Ft
$153/Sq Ft Est. Value

Last Sold July 16, 2019

Last sale price $202,000 $115 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,826/month

3 Days on Market

Highlights

  • Wooded Lot
  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • John F. Kennedy High School Rated A-
  • 2 Car Attached Garage
  • Patio

About This Home

As of July 2019

***Accepted Offer*** Step inside this pintrest cute home in the Kennedy district and be wowed. The kitchen is great for entertaining and flows right out to the large new concrete patio. There’s a swingset for the kids to play and once they tire out there’s four generous bedrooms (the master can fit a king bed) ready for your dreams.
The lower level features new flooring and a relaxing gas fireplace as well as direct access to the large two stall garage. You’ll even find another half bath! All the updates have been done, you only need to move in and unwind.

Last Listed By

Brian Hoel

SKOGMAN REALTY Listed on: 06/07/2019

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,281

Year Built

  • 1968

Lot Details

  • Lot Dimensions are 80 x 130
  • Fenced
  • Wooded Lot

Home Design

  • Split Foyer
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,281

Year Built

1968

Lot Details

0

Listing Details

  • Style: Split Foyer
  • Above Grade Finished Sq Ft: 1296
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 3281
  • List User Cell Phone: 319-440-0916
  • Low Lvl Fin Sq Ft: 460
  • Miscellaneous: Cable Ready, Fencing, Patio, Storage Shed
  • Net Tax: 3098
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.01000
  • Ratio Close Price By Original Li: 1.01000
  • Ratio Current Price By Sq Ft: 155.86
  • Total Sq Ft: 1756
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, Living Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 4
  • Fireplace Features: Built In, Gas, Living Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, Drive Under

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

  • Elementary School: Pierce
  • Middle School: Franklin
  • High School: Kennedy

Lot Info

  • Lot Size: 80 X 130

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2019
Closed on
Jul 10, 2019
Sold by
Novotny Daniel J and Novotny Jessica O
Bought by
Parks Leann M and Parks Brian J
Seller's Agent
Brian Hoel
SKOGMAN REALTY
Buyer's Agent
Aly Chung
Keller Williams Legacy Group
List Price
$200,000
Sold Price
$202,000
Premium/Discount to List
$2,000
1%
Total Days on Market
3
Current Estimated Value
$267,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,961
Avg. Annual Appreciation
4.53%
Original Mortgage
$34,340
Interest Rate
3.8%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 24, 2013
Sold by
Lovell Alan C and Lovell Cydney A
Bought by
Novotny Daniel J and Novotny Jessica O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
3.43%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 23, 2000
Sold by
Scharf Dale E and Scharf Sharon L
Bought by
Lovell Alan C and Lovell Cydney A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,050
Interest Rate
8.56%

Range of Values:

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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
Parks Leann M $202,000 None Available
Novotny Daniel J $160,000 None Available
Lovell Alan C $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Parks Leann M $192,500
Closed Parks Leann M $192,500
Closed Parks Leann M $34,340
Closed Parks Leann M $161,600
Closed Novotny Daniel J $22,000
Previous Owner Novotny Danlel J $15,000
Previous Owner Novotny Daniel J $128,000
Previous Owner Lovell Alan C $112,000
Previous Owner Lovell Alan C $15,000
Previous Owner Lovell Alan C $115,000
Previous Owner Lovell Alan C $122,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2019 07/16/19 Sold $202,000 +1.0% $115 / Sq Ft
06/10/2019 06/10/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $200,000 -- $114 / Sq Ft
Source: Cedar Rapids Area Association 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
2023 $4,082 $249,300 $48,200 $201,100
2022 $3,838 $202,400 $38,900 $163,500
2021 $3,824 $194,200 $38,900 $155,300
2020 $3,824 $181,900 $35,200 $146,700
2019 $3,190 $156,500 $33,300 $123,200
2018 $3,098 $156,500 $33,300 $123,200
2017 $3,192 $155,100 $33,300 $121,800
2016 $3,148 $148,100 $33,300 $114,800
2015 $3,204 $150,558 $33,345 $117,213
2014 $3,204 $150,558 $33,345 $117,213
2013 $3,136 $150,558 $33,345 $117,213
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1904253

Cedar Rapids Area Association of REALTORS®

APN: 14081-06001-00000