NOT LISTED FOR SALE

2603 Falcon Dr NE Cedar Rapids, IA 52402

Estimated Value: $225,000 - $235,000

3 Beds
2 Baths
1,303 Sq Ft
$176/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $196,000 $150 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,488/month

16 Days on Market

Highlights

  • Deck
  • Recreation Room
  • 2 Car Attached Garage
  • John F. Kennedy High School Rated A-
  • Main Floor Primary Bedroom
  • Eat-In Kitchen

About This Home

As of September 2022

MOVE IN READY under $200K on the NE side of Cedar Rapids, WHAT?! Beautiful curb appeal, fresh paint, new flooring throughout the lower level, LARGE storage room / laundry area. Conveniently located in a peaceful location in the heart of Cedar Rapids. Open kitchen to the dining room that leads you out to your deck and private fenced in yard for your fur babies.

Last Agent to Sell the Property

Olivia Bates

IOWA REALTY Listed on: 08/04/2022

IOWA REALTY

Last Buyer's Agent

Carter Acrea

Exit Eastern Iowa Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,341

Year Built

  • 1968

Lot Details

  • 9,757 Sq Ft Lot
  • Lot Dimensions are 84 x 116
  • Fenced

Home Design

  • Split Foyer
  • Split Level Home
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Combination Kitchen and Dining Room
  • Recreation Room

Kitchen

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,341

Year Built

1968

Lot Details

0

Listing Details

  • Style: Split Foyer, Split Level
  • Acres: 0.2240
  • Above Grade Finished Sq Ft: 1061
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 3341
  • List User Cell Phone: 319-540-6591
  • Low Lvl Fin Sq Ft: 242
  • Miscellaneous: Deck, Fencing
  • Net Tax: 3341
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98049
  • Ratio Close Price By Original Li: 0.98049
  • Ratio Current Price By Sq Ft: 184.73
  • Total Sq Ft: 1303
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: Rec Room
  • Basement: Full, Walkout
  • 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
  • Garage Size: 2 Car

Utilities

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

Lot Info

  • Lot Size: 84 X 116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Sep 22, 2022
Sold by
Fleming Aaron E and Fleming Melinda Devin
Bought by
Sherman Heidi I and Sherman Cindy
Seller's Agent
Olivia Bates
IOWA REALTY
Buyer's Agent
Carter Acrea
Exit Eastern Iowa Real Estate
List Price
$199,900
Sold Price
$196,000
Premium/Discount to List
-$3,900
-1.95%
Current Estimated Value
$228,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,801
Avg. Annual Appreciation
4.97%
Original Mortgage
$186,200
Outstanding Balance
$177,849
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$50,952

Purchase Details

Listed on
Apr 19, 2017
Closed on
May 18, 2017
Sold by
Miller Jenna D
Bought by
Fleming Aaron E and Stramel Devin M
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
Teri Fleming
Realty87
List Price
$154,950
Sold Price
$156,950
Premium/Discount to List
$2,000
1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.26%
Original Mortgage
$141,255
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 26, 2013
Closed on
Dec 26, 2013
Sold by
Lovik Mavis I
Bought by
Miller Jenna D
Seller's Agent
Alison Kauffman
SKOGMAN REALTY
Buyer's Agent
Alison Kauffman
SKOGMAN REALTY
List Price
$129,500
Sold Price
$122,000
Premium/Discount to List
-$7,500
-5.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$12,200
Interest Rate
4.23%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sherman Heidi I $196,000 --
Fleming Aaron E $157,000 None Available
Miller Jenna D $122,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Heidi I $186,200
Previous Owner Fleming Aaron E $141,255
Previous Owner Miller Jenna D $12,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/23/2022 09/23/22 Sold $196,000 -2.0% $150 / Sq Ft
08/20/2022 08/20/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $199,900 +27.4% $153 / Sq Ft
05/26/2017 05/26/17 Sold $156,950 +1.3% $111 / Sq Ft View Prior Sale
04/21/2017 04/21/17 Pending -- -- --
04/19/2017 04/19/17 For Sale $154,950 +27.0% $110 / Sq Ft
12/27/2013 12/27/13 Sold $122,000 -5.8% $94 / Sq Ft View Prior Sale
11/12/2013 11/12/13 Pending -- -- --
08/26/2013 08/26/13 For Sale $129,500 -- $99 / 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 $3,394 $214,200 $49,800 $164,400
2024 $3,328 $202,200 $49,800 $152,400
2023 $3,328 $202,200 $49,800 $152,400
2022 $3,270 $157,800 $40,200 $117,600
2021 $3,402 $157,900 $40,200 $117,700
2020 $3,402 $154,200 $36,400 $117,800
2019 $3,096 $143,600 $34,500 $109,100
2018 $2,666 $143,600 $34,500 $109,100
2017 $2,752 $134,900 $34,500 $100,400
2016 $2,753 $129,500 $34,500 $95,000
2015 $2,801 $131,686 $34,474 $97,212
2014 $2,616 $131,686 $34,474 $97,212
2013 $2,556 $131,686 $34,474 $97,212
Source: Public Records

Agents Affiliated with this Home

  • Olivia Bates

    Seller's Agent in 2022

    Olivia Bates

    IOWA REALTY

    (319) 540-6591

    366 Total Sales

    Olivia Bates
    Section Image

  • C

    Buyer's Agent in 2022

    Carter Acrea

    Exit Eastern Iowa Real Estate

    (319) 241-9990

    14 Total Sales

    Carter Acrea
    Section Image

  • G

    Seller's Agent in 2017

    Graf Home Selling Team

    GRAF HOME SELLING TEAM & ASSOCIATES

  • Teri Fleming

    Buyer's Agent in 2017

    Teri Fleming

    Realty87

    (319) 491-6391

    111 Total Sales

    Teri Fleming
    Section Image

  • A

    Seller's Agent in 2013

    Alison Kauffman

    SKOGMAN REALTY

See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2207621

Cedar Rapids Area Association of REALTORS®

APN: 14081-06007-00000

Iowa Linn County Cedar Rapids 52402

2603 Falcon Dr NE, Cedar Rapids, IA

Not Listed for Sale

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