NOT LISTED FOR SALE

2509 Covey Ct Cedar Falls, IA 50613

Estimated Value: $471,000 - $495,000

4 Beds
3.5 Baths
3,295 Sq Ft
$147/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $349,000 $106 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,080/month

86 Days on Market

Highlights

  • 0.57 Acre Lot
  • Deck
  • Wood Flooring
  • Bess Streeter Aldrich Elementary School Rated A
  • Vaulted Ceiling
  • Cul-De-Sac

About This Home

As of August 2020

Are you looking for a 4 Bedroom Home with a Large yard? Then look no further, you need to check out this beautiful 2 Story Home on over a half acre lot. This 4 Bedroom, 3.5 Bath Home uniquely features all 4 Bedrooms on the 2nd floor. The Master Bedroom is enormous and has 2 very spacious closets, plus a large bath. As you walk in the front door you will love the spacious foyer with hardwood floors and a beautiful stairway leading to the upper level. Just off the foyer there is a versatile room that could be a den, an office, a formal dining room, a play room or a bedroom if you needed an extra one. The beautiful hardwood floors continue into the kitchen where you will find lots of great work space with plenty of cabinets and counter tops. Off the kitchen and breakfast area is the main floor living room with a gas fireplace. There is also laundry/mudroom located just as you come in from the large 3 stall garage. Downstairs is a large family room with a walk out with sliders to the patio and back yard. There is also a full bath in the lower level. The backyard could be easily fenced in if you so desired.

Last Agent to Sell the Property

Pamela Banser

RE/MAX Concepts - Cedar Falls License #S40374000 Listed on: 03/02/2020

RE/MAX Concepts - Cedar Falls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,205

Year Built

  • Built in 2006

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 51x219x149
  • Cul-De-Sac

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • 3,295 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Wood Flooring
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Aldrich Elementary School
  • Holmes Junior High
  • Cedar Falls High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 891415227008

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,205

Year Built

Built in 2006

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Parcel Number: 891415227008
  • Year Built: 2006
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor
  • ResoLotFeatures: Cul-De-Sac
  • Lot Size Acres: 0.571
  • Road Frontage Type: Paved Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-266-7100
  • MLS Status: Closed
  • Reso Fireplace Features: One, Gas, Living Room
  • Reso Interior Features: Vaulted Ceiling(s), Ceiling Fan/Light, Sliding Glass Door, Hardwood Floors
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 3295
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Dishwasher, Disposal, Microwave Built In, Sump Pump, Gas Water Heater, Water Softener, Water Softener Owned
  • Basement: Concrete, Radon Mitigation System, Walk-Out Access, Partially Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 825
  • BelowGradeArea: 1047

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Patio, Porch

Garage/Parking

  • Parking Features: 3 or More Stalls, Attached Garage, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Frequency: Annually

Schools

  • Elementary School: Aldrich Elementary
  • High School: Cedar Falls High
  • Middle Or Junior School: Holmes Junior High

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 51x219x149
  • Lot Size Sq Ft: 24885
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 6205

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Aug 4, 2020
Sold by
Taddeo Joseph J and Kraus Susan A
Bought by
Heying Lucas J and Heying Alissa E
Seller's Agent
Pamela Banser
RE/MAX Concepts - Cedar Falls
List Price
$360,000
Sold Price
$349,000
Premium/Discount to List
-$11,000
-3.06%
Current Estimated Value
$483,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,623
Avg. Annual Appreciation
6.53%
Original Mortgage
$279,200
Outstanding Balance
$247,670
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$235,953

Purchase Details

Closed on
Mar 21, 2018
Sold by
Zehr Matthew and Zehr Becky L
Bought by
Taddeo Joseph J and Kraus Susan A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,500
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 11, 2013
Sold by
Robinson Iain G W and Robinson Laura
Bought by
Zehr Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,800
Interest Rate
3.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2007
Sold by
Midwest Development Co
Bought by
Pederson Todd and Kohls Julie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,969
Interest Rate
6.12%
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
Heying Lucas J $349,000 Title Services
Taddeo Joseph J $355,000 --
Zehr Matthew $332,000 None Available
Pederson Todd $299,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heying Lucas J $279,200
Previous Owner Taddeo Joseph J $319,500
Previous Owner Zehr Matthew $298,800
Previous Owner Pederson Todd $238,969
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $349,000 -1.7% $106 / Sq Ft
06/24/2020 06/24/20 Price Changed $355,000 -1.4% $108 / Sq Ft
05/27/2020 05/27/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $360,000 -- $109 / 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 $6,138 $391,680 $73,680 $318,000
2023 $6,514 $391,680 $73,680 $318,000
2022 $6,592 $352,850 $73,680 $279,170
2021 $6,078 $352,850 $73,680 $279,170
2020 $5,954 $335,050 $68,010 $267,040
2019 $5,954 $335,050 $68,010 $267,040
2018 $6,192 $335,050 $68,010 $267,040
2017 $6,108 $335,050 $68,010 $267,040
2016 $5,712 $332,000 $68,010 $263,990
2015 $5,712 $332,000 $68,010 $263,990
2014 $5,882 $337,740 $68,010 $269,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20200924

Northeast Iowa Regional Board of REALTORS®

APN: 8914-15-227-008