$122,000
SOLD DEC 27, 2013

2603 Falcon Dr NE Cedar Rapids, IA 52402

3 Beds
2 Baths
1,303 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$94 Per Sq Ft

6% Below List Price

78 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 2 Car Attached Garage
  • John F. Kennedy High School Rated A-
  • Formal Dining Room
  • Patio

About This Home

As of September 2022

Located conveniently near I380 and only blocks from Kennedy High School. This home has been kept in pristine condition by the original owner. Updated kitchen, breakfast bar, and sliding glass doors which lead to the deck make up the dining area of the home. 2 of the 3 bedrooms expose the original hardwood that is also underneath the carpeting in the remaining bedroom and living room. The deep garage comes complete with workshop areas and plenty of storage. Newer roof and furnace within the last 2 years. The interior and exterior charm to this home fit right in with the charm of this desirable neighborhood.

Last Agent to Sell the Property

Alison Kauffman

SKOGMAN REALTY Listed on: 08/26/2013

Last Buyer's Agent

Alison Kauffman

SKOGMAN REALTY Listed on: 08/26/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,661

Year Built

  • 1968

Lot Details

  • Lot Dimensions are 84 x 116

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • Formal Dining Room
  • Partial Basement
  • Dryer

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,661

Year Built

1968

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1061
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 2661
  • List User Cell Phone: 319-213-5176
  • Low Lvl Fin Sq Ft: 242
  • Miscellaneous: Cable Ready, Deck, Patio
  • Net Tax: 2476
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.94942
  • Ratio Close Price By Original Li: 0.94208
  • Ratio Current Price By Sq Ft: 114.99
  • Total Sq Ft: 1303
  • Tax Roll Number: 140810600700000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Gas
  • Basement: Partial
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 6

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 2 CAR

Utilities

  • Heating Cooling: Central 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%
Current Estimated Value
$225,696

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,696
Avg. Annual Appreciation
5.19%
Original Mortgage
$186,200
Outstanding Balance
$179,333
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$46,363

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

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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

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1306007

Cedar Rapids Area Association of REALTORS®

APN: 14081-06007-00000