NOT LISTED FOR SALE

2516 Covey Ct Cedar Falls, IA 50613

Estimated Value: $484,000 - $511,116

4 Beds
3 Baths
3,314 Sq Ft
$149/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $466,000 $141 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,196/month

120 Days on Market

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 2024

Let 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

Deanna Wheeler, GRI, CNE, CRS

RE/MAX Concepts - Cedar Falls License #B28309000 Listed on: 10/14/2023

RE/MAX Concepts - Cedar Falls

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,301

Year Built

Built in 2006

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Parcel Number: 891415227015
  • Year Built: 2006
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor, Laundry Room
  • ResoLotFeatures: Cul-De-Sac
  • Lot Size Acres: 0.38
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-266-7100
  • MLS Status: Closed
  • Subdivision Name: QUAIL RIDGE FIRST ADDITION
  • Reso Fireplace Features: One, Gas, In Family Room Up
  • Reso Interior Features: Ceiling-Specialty, Vaulted Ceiling(s), Ceiling Fan(s), Ceiling Fan/Light, Granite Counters, Solid Surface Counters, Pantry
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 3314
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Appliances Negotiable, Dishwasher, Microwave, Gas Water Heater
  • Basement: Finished, Walk-Out Access
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1450
  • BelowGradeArea: 1864

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Covered Deck, Fenced Yard, Landscaping, Patio, Patio-Covered, Pool-In Ground, Pool House, Porch-Covered, Fence Privacy

Garage/Parking

  • Parking Features: 2 Stall, Attached Garage, Oversized

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: Irreg
  • Lot Size Sq Ft: 16353
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 7301

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2023
Closed on
Mar 26, 2024
Sold by
Kellum Christopher C and Kellum Carroll C
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%
Views
188
Current Estimated Value
$495,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,279
Avg. Annual Appreciation
4.12%
Original Mortgage
$481,378
Outstanding Balance
$474,034
Interest Rate
6.77%
Mortgage Type
VA
Estimated Equity
$21,245

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
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
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 $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

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 $6,796 $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

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20234390

Northeast Iowa Regional Board of REALTORS®

APN: 8914-15-227-015