$156,950
SOLD MAY 26, 2017

2603 Falcon Dr NE Cedar Rapids, IA 52402

3 Beds
2 Baths
1,411 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$111 Per Sq Ft

1% Above List Price

2 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Main Floor Primary Bedroom
  • John F. Kennedy High School Rated A-
  • Raised Ranch Architecture
  • Forced Air Cooling System

About This Home

As of September 2022

STUNNING RAISED RANCH OFFERING A GREAT LOCATION NEAR SCHOOLS, SHOPPING & MAJOR ROADS. OFFERING 3 LARGE SIZED BEDROOMS, NICE SIZE KITCHEN AREA, SLIDING GLASS DOORS LEADING OUT TO A HUGE DECK FEATURING A LARGE YARD WITH MATURE TREES. NICELY FINISHED LOWER LEVEL WITH REC ROOM & TASTEFULLY DONE. FENCED YARD, BEAUTIFUL CURB APPEAL AND PRIDE OF OWNERSHIP THROUGHOUT. WON'T LAST!

Last Agent to Sell the Property

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES Listed on: 04/19/2017

Last Buyer's Agent

Teri Fleming

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,889

Year Built

  • 1968

Lot Details

  • Lot Dimensions are 84 x 116
  • Fenced

Home Design

  • Raised Ranch Architecture
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Combination Kitchen and Dining Room
  • Recreation Room
  • Partial Basement

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom on Main

Parking

  • 2 Car Garage
  • Tuck Under Parking
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,889

Year Built

1968

Lot Details

0

Listing Details

  • Style: Raised Ranch
  • Above Grade Finished Sq Ft: 1061
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 2889
  • List User Cell Phone: 319-981-3702
  • Low Lvl Fin Sq Ft: 350
  • Miscellaneous: Cable Ready, Deck, Fencing, Home Warranty
  • Net Tax: 2704
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.01291
  • Ratio Close Price By Original Li: 1.01291
  • Ratio Current Price By Sq Ft: 147.93
  • Total Sq Ft: 1411
  • 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: Partial, Pour
  • 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, Drive Under

Utilities

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

Schools

  • Elementary School: Pierce
  • Middle School: Harding
  • 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
$232,934

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,934
Avg. Annual Appreciation
5.88%
Original Mortgage
$186,200
Outstanding Balance
$177,849
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$55,085

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:

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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 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 $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
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

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1703862

Cedar Rapids Area Association of REALTORS®

APN: 14081-06007-00000