NOT LISTED FOR SALE

2509 Falbrook Dr NE Cedar Rapids, IA 52402

Estimated Value: $228,000 - $247,000

4 Beds
2 Baths
1,774 Sq Ft
$134/Sq Ft Est. Value

Last Sold April 07, 2023

Last sale price $220,000 $124 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,594/month

1 Day on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Tandem Parking
  • John F. Kennedy High School Rated A-
  • Eat-In Kitchen
  • Forced Air Cooling System

About This Home

As of April 2023

Many newer improvements to this home. Roof, siding, windows, front door, overhead garage door, redesigned kitchen, cabinets and tops are newer, remodeled bath on the main and expanded redesigned bath in the lower level. 3 bedrooms, full bath on the main with a 4th bedroom with a gigantic walk-in closet, full bath in the lower level and finished rec room.New carpet in the living room and newer hard surface flooring in the kitchen and dining area. 5' chain link fence around the entire back yard, 2 gates, a storage shed and patio. Buyers are responsible for verifying dimensions, school districts and confirming the conforming bedroom in the lower level. 2 stall tandem garage. Walking distance to Pierce and Kennedy. L.A. is related to Seller. Buyer to verify lower level bedroom is conforming to City codes, all measurements and school districts.

Last Agent to Sell the Property

Doug Lemon

SKOGMAN REALTY Listed on: 03/07/2023

SKOGMAN REALTY

Last Buyer's Agent

Daniel Baty

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,314

Year Built

  • 1965

Lot Details

  • 10,019 Sq Ft Lot
  • Fenced

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Living Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,314

Year Built

1965

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2300
  • Above Grade Finished Sq Ft: 1024
  • Total Bathrooms: 2.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 3314
  • List User Cell Phone: 319-981-3535
  • Low Lvl Fin Sq Ft: 750
  • Miscellaneous: Cable Ready, Fencing, Patio, Storage Shed
  • Net Tax: 3314
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.15820
  • Ratio Close Price By Original Li: 1.15820
  • Ratio Current Price By Sq Ft: 214.84
  • Total Sq Ft: 1774
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Electric
  • Additional Room: Living Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, Off Street Parking, Tandem

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 10,028

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2021
Sold by
Lemon Matthew D and The Matthew D Lemon Trust
Bought by
Durgin Jennifer L and Durgin Erin M
Current Estimated Value
$237,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,900
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2020
Sold by
Doudna Melissa E and Doudna Matthew
Bought by
Lemon Matthew D and Matthew D Lemon Trust

Purchase Details

Closed on
Aug 31, 2017
Sold by
Meyer Nathan R and Meyer Nathan Robert
Bought by
Lemon Jennifer A and Lemon Meyer Jennifer A

Purchase Details

Closed on
Oct 14, 2008
Sold by
Mundell Melissa S and Mundell Shawn Thomas
Bought by
Lemon Melissa E and Lemon Jennifer A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.41%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2001
Sold by
Choudary Magsood A
Bought by
Mundell Shawn T and Streeter Melissa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,079
Interest Rate
7.15%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 20, 1998
Sold by
Rickels Elizabeth and Rickels Elizabeth M
Bought by
Choudray Maqsood A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,950
Interest Rate
7.13%
Source: Public Records

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
Durgin Jennifer L -- None Available
Durgin Jennifer L -- None Available
Lemon Matthew D -- None Available
Lemon Jennifer A -- None Available
Lemon Melissa E $127,000 None Available
Mundell Shawn T $110,500 --
Choudray Maqsood A $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlson Aaron $43,650
Open Carlson Aaron $176,000
Closed Carlson Aaron $33,000
Closed Durgin Jennifer L $94,900
Previous Owner Lemon Jennifer A $25,000
Previous Owner Lemon Jennifer A $98,500
Previous Owner Lemon Melissa E $102,000
Previous Owner Lemon Melissa E $102,000
Previous Owner Mundell Shawn T $110,079
Previous Owner Choudray Maqsood A $85,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2023 04/07/23 Sold $220,000 +15.8% $124 / Sq Ft
03/08/2023 03/08/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $189,950 -- $107 / 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 $3,374 $206,400 $46,800 $159,600
2022 $3,314 $160,000 $37,800 $122,200
2021 $3,254 $160,000 $37,800 $122,200
2020 $3,254 $156,100 $34,200 $121,900
2019 $2,692 $133,400 $28,800 $104,600
2018 $2,614 $133,400 $28,800 $104,600
2017 $2,626 $129,100 $28,800 $100,300
2016 $2,621 $123,300 $28,800 $94,500
2015 $2,683 $126,088 $28,785 $97,303
2014 $2,498 $126,088 $28,785 $97,303
2013 $2,440 $126,088 $28,785 $97,303
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2301083

Cedar Rapids Area Association of REALTORS®

APN: 14081-04002-00000