$196,000
SOLD SEP 23, 2022

2603 Falcon Dr NE Cedar Rapids, IA 52402

3 Beds
2 Baths
1,303 Sq Ft
9,757 Sq Ft Lot

Recently Sold

$150 Per Sq Ft

2% Below List Price

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

Schools

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

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%
Total Days on Market
16
Current Estimated Value
$223,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,636
Avg. Annual Appreciation
4.54%
Original Mortgage
$186,200
Outstanding Balance
$179,333
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$41,440

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
COLDWELL BANKER HEDGES
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $196,000 --
Warranty Deed $157,000 None Available
Warranty Deed $122,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $186,200 New Conventional
Previous Owner $141,255 Adjustable Rate Mortgage/ARM
Previous Owner $119,625 New Conventional
Previous Owner $12,200 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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
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

    353 Total Sales

    Olivia Bates
    Section Image

  • C

    Buyer's Agent in 2022

    Carter Acrea

    Exit Eastern Iowa Real Estate

    (319) 241-9990

    16 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

    COLDWELL BANKER HEDGES

    (319) 491-6391

    116 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

This home is located at 2603 Falcon Dr NE, Cedar Rapids, IA 52402 and is currently priced at $196,000, approximately $150 per square foot. This property was built in 1968. 2603 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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