NOT LISTED FOR SALE

2531 Erik Rd Cedar Falls, IA 50613

Estimated Value: $404,000 - $436,000

3 Beds
2.5 Baths
1,467 Sq Ft
$283/Sq Ft Est. Value

Last Sold August 13, 2021

Last sale price $311,053 $212 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,636/month

25 Days on Market

Highlights

  • Deck
  • Landscaped
  • Forced Air Heating and Cooling System
  • Bess Streeter Aldrich Elementary School Rated A

About This Home

As of August 2021

What an amazing value in new construction! This Red Oak 2 story home includes a main floor great room + a 1/2 bath. You will find the master suite, 2 additional bedrooms, full bath, and the laundry on the 2nd floor - how convenient is that! We are also finishing a lower level family room in this home. Hurry out now to make all of your own selections. *Price subject to change with additional selections*

Last Agent to Sell the Property

Jennie Plummer

Oakridge Real Estate License #S58524 Listed on: 03/07/2021

Oakridge Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,136

Year Built

  • Built in 2021

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 155x134x44
  • Landscaped
  • Property is zoned R-P

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Concrete Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,467 Sq Ft Home
  • Finished Basement
  • Sump Pump
  • Fire and Smoke Detector
  • Laundry on upper level

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Built by Skogman Homes
  • The Arbors Subdivision

Listing and Financial Details

  • Assessor Parcel Number 891427431005

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,136

Year Built

Built in 2021

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Parcel Number: 891427431005
  • Year Built: 2021
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 2nd Floor, Laundry Closet
  • Lot Size Acres: 0.306
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Subdivision Name: The Arbors
  • Reso Fireplace Features: None
  • Reso Interior Features: Air Exchanger System, Pantry, Sliding Glass Door
  • Reso Roof: Shingle
  • TotalFinishedSquareFootage: 1467
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Dishwasher, Disposal, MicroHood, Free-Standing Range, Sump Pump, Gas Water Heater
  • Basement: Concrete, Finished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • BelowGradeArea: 688

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Landscaping
  • CompletionDate: 2021-08-20

Garage/Parking

  • Parking Features: 2 Stall

Utilities

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

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Zoning: R-P
  • Lot Dimensions: 155x134x44
  • Lot Size Sq Ft: 13333
  • Additional Parcels: No

Building Info

  • Builder Name: Skogman Homes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2021
Closed on
Jun 22, 2021
Sold by
Midwest Development Co
Bought by
Reichert Ashley and Reichert Christopher
Seller's Agent
Jennie Plummer
Oakridge Real Estate
List Price
$306,601
Sold Price
$311,053
Premium/Discount to List
$4,452
1.45%
Current Estimated Value
$414,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,864
Avg. Annual Appreciation
7.23%
Original Mortgage
$279,948
Interest Rate
2.9%
Mortgage Type
New Conventional
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
Reichert Ashley $311,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reichert Ashley $279,948
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/13/2021 08/13/21 Sold $311,053 +5.3% $212 / Sq Ft
04/05/2021 04/05/21 Price Changed $295,476 -3.6% $201 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/07/2021 03/07/21 For Sale $306,601 -- $209 / 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 $5,136 $329,430 $88,780 $240,650
2023 $5,104 $329,430 $88,780 $240,650
2022 $214 $285,310 $88,780 $196,530
2021 $214 $11,460 $11,460 $0
2020 $210 $11,460 $11,460 $0
2019 $210 $11,460 $11,460 $0
2018 $212 $11,460 $11,460 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennie Plummer

    Seller's Agent in 2021

    Jennie Plummer

    Oakridge Real Estate

    (319) 240-2777

    73 in this area

    79 Total Sales

    Jennie Plummer
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20210804

Northeast Iowa Regional Board of REALTORS®

APN: 8914-27-431-005

Iowa Black Hawk County Cedar Falls 50613

2531 Erik Rd, Cedar Falls, IA

This home is located at 2531 Erik Rd, Cedar Falls, IA 50613 since 07 March 2021 and is currently estimated at $414,917, approximately $282 per square foot. This property was built in 2021. 2531 Erik Rd is a home located in Black Hawk County with nearby schools including Bess Streeter Aldrich Elementary School, Peet Junior High School, and Cedar Falls 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.

Northeast Iowa Regional Board 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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