2507 Willow Ln Cedar Falls, IA 50613
3
Beds
3
Baths
4,022
Sq Ft
0.4
Acres
Highlights
- Heated Floors
- Deck
- 3 Car Attached Garage
- Peet Junior High School Rated A-
- Family Room with Fireplace
- Laundry Room
About This Home
As of July 2025Exceptional Saito-Designed Home with Over 4,000 sq ft in Cedar Falls! This beautifully updated home perfectly combines stunning architectural details with modern upgrades. Offering over 4,000 square feet of spacious living in a serene setting, this property truly stands out. Approach via the charming bridge and step inside to a freshly professionally painted interior. The entire home benefits from recent updates—including new shingles (2023), new windows and custom trim (except the living room and basement family room), **all new exterior doors (2024), and a new air source heat pump furnace(2024) enhancing curb appeal, efficiency, and comfort. The welcoming front entry features heated tile flooring, leading into a bright, open main level with expansive windows that offer breathtaking views of the peaceful wooded lot. Vaulted ceilings, beamed accents, and a brick fireplace with built-ins add charm and character to the spacious living room, perfect for gatherings and relaxing evenings. The kitchen was thoughtfully updated in 2022, with new countertops, backsplash, and a downdraft Jenn-Air cooktop (2021), along with a built-in KitchenAid dishwasher (2023). Overlooking the backyard, the kitchen opens to a large deck—ideal for outdoor dining and entertaining. The main floor also includes a convenient laundry room with sink, a full bathroom, and a large bedroom with a walk-in closet. Upstairs, you'll find two additional bedrooms, a 3⁄4 bath, and a versatile office loft with new countertops (2025). Hunter Douglas custom blinds (2025) in all bedrooms add style and privacy, while skylights flood the upstairs area with natural light, creating an inviting and bright space. The walkout basement features a spacious family room with a fireplace and wet bar—perfect for entertaining guests. An additional 3⁄4 bath and ample storage make this level both functional and flexible to suit your needs. Exterior amenities include a heated, insulated three-stall garage, large decks, and a beautifully landscaped yard with an irrigation system (2022). Just a short walk to Cedar Heights Elementary and Hartman Reserve, this home offers privacy, nature, and convenient access to all amenities. Don’t miss your chance—schedule your showing today and see all the upgrades and thoughtful details that make this house your perfect new home! All measurements are approximent.
Last Agent to Sell the Property
Structure Real Estate License #S59796000 Listed on: 05/28/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,570
Year Built
- Built in 1974
Lot Details
- 0.4 Acre Lot
- Lot Dimensions are 110 x 160
Home Design
- Concrete Foundation
- Block Foundation
- Shingle Roof
- Tar and Gravel Roof
- Asphalt Roof
Interior Spaces
- 4,022 Sq Ft Home
- Multiple Fireplaces
- Family Room with Fireplace
- Living Room with Fireplace
- Heated Floors
- Sump Pump
Kitchen
- Cooktop
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry Room
- Laundry on main level
Parking
- 3 Car Attached Garage
- Heated Garage
Outdoor Features
- Deck
Schools
- Cedar Heights Elementary School
- Peet Junior High
- Cedar Falls High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
- Water Softener is Owned
Listing and Financial Details
- Assessor Parcel Number 891318476026
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2025
Closed on
Jul 11, 2025
Sold by
Gerdes Matthew R and Gerdes Elke M
Bought by
Knudson Garrett J and Akkerman Trista L
Seller's Agent
Elke Gerdes
Structure Real Estate
Buyer's Agent
Karen Kayser
RE/MAX Concepts - Waterloo
List Price
$587,500
Sold Price
$600,000
Premium/Discount to List
$12,500
2.13%
Views
42
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-28.06%
Original Mortgage
$450,000
Outstanding Balance
$450,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$121,084
Purchase Details
Listed on
Dec 4, 2019
Closed on
Oct 14, 2020
Sold by
Hamrock James T and Hamrock Carolyn S
Bought by
Gerdes Matthew R and Gerdes Elke M
Seller's Agent
Gale Bonsall
Oakridge Real Estate
List Price
$409,900
Sold Price
$375,000
Premium/Discount to List
-$34,900
-8.51%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%
Original Mortgage
$335,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 17, 2018
Sold by
Hamrock James T and Hamrock Carolyn S
Bought by
Hamrock Ft
Similar Homes in Cedar Falls, IA
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $600,000 | Title Services Corporation | |
| Warranty Deed | $375,000 | None Available | |
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $450,000 | New Conventional | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $335,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Sold | $600,000 | +2.1% | $149 / Sq Ft |
| 05/30/2025 05/30/25 | Pending | -- | -- | -- |
| 05/28/2025 05/28/25 | For Sale | $587,500 | +56.7% | $146 / Sq Ft |
| 10/16/2020 10/16/20 | Sold | $375,000 | -1.3% | $93 / Sq Ft |
| 09/16/2020 09/16/20 | Pending | -- | -- | -- |
| 09/09/2020 09/09/20 | Price Changed | $379,900 | -5.0% | $94 / Sq Ft |
| 08/10/2020 08/10/20 | Price Changed | $399,900 | -2.4% | $99 / Sq Ft |
| 07/27/2020 07/27/20 | For Sale | $409,900 | 0.0% | $102 / Sq Ft |
| 07/27/2020 07/27/20 | Price Changed | $409,900 | -4.7% | $102 / Sq Ft |
| 07/17/2020 07/17/20 | Pending | -- | -- | -- |
| 06/25/2020 06/25/20 | Price Changed | $429,900 | -2.3% | $107 / Sq Ft |
| 04/22/2020 04/22/20 | Price Changed | $439,900 | -4.2% | $109 / Sq Ft |
| 12/04/2019 12/04/19 | For Sale | $459,000 | -- | $114 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
Tax History Compared to Growth
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 | $8,824 | $558,620 | $34,320 | $524,300 |
| 2023 | $6,942 | $558,620 | $34,320 | $524,300 |
| 2022 | $7,024 | $384,890 | $34,320 | $350,570 |
| 2021 | $6,734 | $384,890 | $34,320 | $350,570 |
| 2020 | $6,192 | $351,470 | $37,180 | $314,290 |
| 2019 | $6,192 | $351,470 | $37,180 | $314,290 |
| 2018 | $6,272 | $351,470 | $37,180 | $314,290 |
| 2017 | $6,414 | $351,470 | $37,180 | $314,290 |
| 2016 | $6,056 | $351,470 | $37,180 | $314,290 |
| 2015 | $6,056 | $351,470 | $37,180 | $314,290 |
| 2014 | $6,126 | $351,470 | $37,180 | $314,290 |
Source: Public Records
Agents Affiliated with this Home
-
Elke Gerdes
Seller's Agent in 2025
Elke Gerdes
Structure Real Estate
(319) 240-3034
63 in this area
183 Total Sales
-
Karen Kayser
Buyer's Agent in 2025
Karen Kayser
RE/MAX
(319) 493-2402
18 in this area
160 Total Sales
-
Gale Bonsall
Seller's Agent in 2020
Gale Bonsall
Oakridge Real Estate
(319) 231-9700
53 in this area
65 Total Sales
-
Ann Lyons
Seller Co-Listing Agent in 2020
Ann Lyons
Oakridge Real Estate
(319) 269-1384
56 in this area
98 Total Sales
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20252443
APN: 8913-18-476-026
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