2516 Covey Ct Cedar Falls, IA 50613
Estimated Value: $462,000 - $484,000
4
Beds
3
Baths
3,314
Sq Ft
$144/Sq Ft
Est. Value
Highlights
- Pool House
- Vaulted Ceiling
- Covered patio or porch
- Bess Streeter Aldrich Elementary School Rated A
- Granite Countertops
- Cul-De-Sac
About This Home
As of March 2024Let your home be your destination getaway! Absolutely stunning ranch-style home on a quiet cul-de-sac in high-demand Quail Ridge Subdivision. This meticulously maintained and updated 4-bedroom, 3-bath home with an expansive walk-out lower level, offers a magnificent living experience. Boasting a functionally exquisite floor plan, this property blends elegant design with a highly useful layout, ensuring every inch of space is utilized to perfection. The primary bedroom is a true retreat, offering an abundance of space for relaxation, and features a spacious walk-in closet and stunning spa-style bath. The outdoor space says it all! Step onto the covered deck into your private park-like backyard, complete with lush and elegant landscapes. The spacious backyard boasts a mature maple, a flowering pear tree, lilac bushes, river birches, and stunning arborvitaes. Every turn you take in the yard greets you with perennial gardens for season-long beauty, while mature blueberry bushes, strawberry plants, and rhubarb give you seasonal delights. Enjoy serene moments in your own oasis while surrounded by the 6’ Trex privacy fencing that transitions into 6’ aluminum fencing, ensuring you enjoy the view of the picturesque farmland while providing the utmost seclusion. Escape to your own heated 24’x42’ inground pool with deep-end diving board, waterfall, and lighting feature, beckoning all for relaxation and fun. You can also relax in the large hot tub or sit outside the pool on the generously sized paver patio, making this home a true entertainer’s delight. This home is a rare gem, with its meticulous upkeep, luxurious amenities, and functional design making it an exceptional offering. Here is your opportunity to own a piece of paradise in the heart of Cedar Falls. LOVE THE WAY YOU LIVE!!
Last Agent to Sell the Property
RE/MAX Concepts - Cedar Falls License #B28309000 Listed on: 10/14/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,301
Year Built
- Built in 2006
Lot Details
- 0.38 Acre Lot
- Cul-De-Sac
- Privacy Fence
- Fenced
- Landscaped
HOA Fees
- $4 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Shingle Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 3,314 Sq Ft Home
- Vaulted Ceiling
- Ceiling Fan
- Gas Fireplace
- Family Room with Fireplace
- Finished Basement
- Walk-Out Basement
Kitchen
- Microwave
- Dishwasher
- Granite Countertops
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
Pool
- Pool House
- In Ground Pool
Outdoor Features
- Covered Deck
- Covered patio or 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
Community Details
- Quail Ridge First Addition Subdivision
Listing and Financial Details
- Assessor Parcel Number 891415227015
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 14, 2023
Closed on
Mar 26, 2024
Sold by
Kellum Carroll C and Kellum Bridgette L
Bought by
Castillo-Maldonado Jose Enrique and Rodriguez-Castillo Dena Marie
Seller's Agent
Deanna Wheeler, GRI, CNE, CRS
RE/MAX Concepts - Cedar Falls
List Price
$474,900
Sold Price
$466,000
Premium/Discount to List
-$8,900
-1.87%
Total Days on Market
120
Views
188
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,614
Avg. Annual Appreciation
1.46%
Original Mortgage
$481,378
Outstanding Balance
$476,267
Interest Rate
6.77%
Mortgage Type
VA
Estimated Equity
-$1,726
Purchase Details
Closed on
Nov 20, 2008
Sold by
Jackson Christopher A and Jackson Chris A
Bought by
Kellum Carroll C and Kellum Bridgette L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,660
Interest Rate
6.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 3, 2006
Sold by
Midwest Development Co
Bought by
Jackson Christopher A and Jackson Amy S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,972
Interest Rate
6.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in Cedar Falls, IA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Castillo-Maldonado Jose Enrique | $466,000 | Black Hawk County Abstract | |
| Kellum Carroll C | $313,000 | Title Services | |
| Jackson Christopher A | $313,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Castillo-Maldonado Jose Enrique | $481,378 | |
| Previous Owner | Kellum Carroll C | $388,800 | |
| Previous Owner | Kellum Carroll C | $109,660 | |
| Previous Owner | Jackson Christopher A | $296,972 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/29/2024 03/29/24 | Sold | $466,000 | -1.9% | $141 / Sq Ft |
| 02/11/2024 02/11/24 | Pending | -- | -- | -- |
| 10/14/2023 10/14/23 | For Sale | $474,900 | -- | $143 / 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 | $6,682 | $441,030 | $62,830 | $378,200 |
| 2023 | $7,138 | $437,830 | $62,830 | $375,000 |
| 2022 | $7,222 | $395,510 | $62,830 | $332,680 |
| 2021 | $6,792 | $395,510 | $62,830 | $332,680 |
| 2020 | $6,602 | $370,530 | $58,000 | $312,530 |
| 2019 | $6,602 | $370,530 | $58,000 | $312,530 |
| 2018 | $6,474 | $359,020 | $58,000 | $301,020 |
| 2017 | $6,618 | $359,020 | $58,000 | $301,020 |
| 2016 | $5,760 | $359,020 | $58,000 | $301,020 |
| 2015 | $5,760 | $334,700 | $58,000 | $276,700 |
| 2014 | $5,378 | $309,550 | $58,000 | $251,550 |
Source: Public Records
Agents Affiliated with this Home
-
Deanna Wheeler, GRI, CNE, CRS
Seller's Agent in 2024
Deanna Wheeler, GRI, CNE, CRS
RE/MAX
(319) 266-7100
175 Total Sales
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20234390
APN: 8914-15-227-015
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