NOT LISTED FOR SALE

2525 Falcon Dr NE Cedar Rapids, IA 52402

Estimated Value: $209,000 - $233,000

3 Beds
1.5 Baths
1,277 Sq Ft
$174/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $142,920 $112 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,442/month

9 Days on Market

Highlights

  • Wooded Lot
  • 2 Car Attached Garage
  • Forced Air Cooling System
  • John F. Kennedy High School Rated A-
  • Eat-In Kitchen
  • Patio

About This Home

As of July 2016

MUST VIEW HOME - with Many Recent Updates Including New Bay Window - New Concrete Driveway & Garage door - Neutral Interior -

Last Agent to Sell the Property

Sharon Clore

IOWA REALTY Listed on: 05/17/2016

Last Buyer's Agent

Mike Schulte

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,683

Year Built

  • 1964

Lot Details

  • Lot Dimensions are 80 x 139
  • Wooded Lot

Home Design

  • Split Level Home
  • Frame Construction

Interior Spaces

  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Basement

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Storage Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,683

Year Built

1964

Lot Details

0

Listing Details

  • Style: Split Level
  • Above Grade Finished Sq Ft: 969
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2683
  • List User Cell Phone: 319-360-6396
  • Low Lvl Fin Sq Ft: 308
  • Miscellaneous: Cable Ready, Patio, Storage Shed
  • Net Tax: 2683
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98634
  • Ratio Close Price By Original Li: 0.98634
  • Ratio Current Price By Sq Ft: 147.49
  • Total Sq Ft: 1277
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1964

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Built In, Family Room, Wood Burning
  • Level 2 Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Site Description: Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

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

Schools

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

Lot Info

  • Lot Size: 80 X 139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2016
Closed on
Jun 29, 2016
Sold by
Ballou Martha
Bought by
Ohlhauser Leslie P and Ohlhauser Sara B
Seller's Agent
Sharon Clore
IOWA REALTY
Buyer's Agent
Mike Schulte
Realty87
List Price
$144,900
Sold Price
$142,920
Premium/Discount to List
-$1,980
-1.37%
Current Estimated Value
$221,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,834
Avg. Annual Appreciation
4.89%

Purchase Details

Listed on
Oct 11, 2011
Closed on
Mar 21, 2012
Sold by
Rubel Josh and Rubel Karen Anne
Bought by
Ballou Marthe
Seller's Agent
Matt Smith
RE/MAX CONCEPTS
Buyer's Agent
Denise Ely
MARIAN ARENS ELITE REALTY
List Price
$138,900
Sold Price
$123,750
Premium/Discount to List
-$15,150
-10.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.39%
Original Mortgage
$99,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 11, 2010
Sold by
Fleming Michael F and Fleming Kathleen V
Bought by
Rubel Josh and Rubel Karen Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,493
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2001
Sold by
Kortemeyer Darlene
Bought by
Fleming Michael F and Fleming Kathleen V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
6.69%
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
Ohlhauser Leslie P -- None Available
Ballou Marthe $124,000 None Available
Rubel Josh $132,500 None Available
Fleming Michael F $114,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ballou Marthe $99,000
Previous Owner Rubel Josh $128,493
Previous Owner Fleming Michael F $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2016 07/15/16 Sold $142,920 -1.4% $112 / Sq Ft
05/26/2016 05/26/16 Pending -- -- --
05/17/2016 05/17/16 For Sale $144,900 +17.1% $113 / Sq Ft
03/22/2012 03/22/12 Sold $123,750 -10.9% $97 / Sq Ft
02/22/2012 02/22/12 Pending -- -- --
10/11/2011 10/11/11 For Sale $138,900 -- $109 / 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
2025 $3,196 $202,800 $51,400 $151,400
2024 $2,924 $191,100 $51,400 $139,700
2023 $2,924 $191,100 $51,400 $139,700
2022 $292,400 $147,500 $41,500 $106,000
2021 $2,758 $142,100 $41,500 $100,600
2020 $2,860 $138,200 $37,600 $100,600
2019 $2,690 $133,300 $35,600 $97,700
2018 $2,612 $133,300 $35,600 $97,700
2017 $2,674 $131,300 $35,600 $95,700
2016 $2,674 $125,800 $35,600 $90,200
2015 $2,674 $126,069 $35,611 $90,458
2014 $2,682 $126,069 $35,611 $90,458
2013 $2,626 $126,069 $35,611 $90,458
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sharon Clore

    IOWA REALTY

    21 Total Sales

    Sharon Clore
    Section Image

  • M

    Buyer's Agent in 2016

    Mike Schulte

    Realty87

    100 Total Sales

    Mike Schulte
    Section Image
  • Matt Smith

    Seller's Agent in 2012

    Matt Smith

    RE/MAX

    (319) 431-5859

    185 Total Sales

    Matt Smith
    Section Image

  • D

    Buyer's Agent in 2012

    Denise Ely

    MARIAN ARENS ELITE REALTY

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1605342

Cedar Rapids Area Association of REALTORS®

APN: 14081-06004-00000

Iowa Linn County Cedar Rapids 52402

2525 Falcon Dr NE, Cedar Rapids, IA

This home is located at 2525 Falcon Dr NE, Cedar Rapids, IA 52402 since 17 May 2016 and is currently estimated at $221,754, approximately $173 per square foot. This property was built in 1964. 2525 Falcon Dr NE is a home located in Linn County with nearby schools including Pierce Elementary School, Franklin Middle School, and John F. Kennedy High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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