NOT LISTED FOR SALE

2606 Falcon Ln Cedar Falls, IA 50613

Estimated Value: $714,000 - $798,000

5 Beds
4.5 Baths
4,449 Sq Ft
$170/Sq Ft Est. Value

Last Sold September 08, 2023

Last sale price $660,000 $148 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $4,994/month

3 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • 3 Car Attached Garage
  • Helen A. Hansen Elementary School Rated A-
  • Screened Porch
  • Patio

About This Home

As of September 2023

Welcome to this remarkable custom built home featuring a spacious entryway, setting the stage for elegance and style. Off the foyer, step into the gorgeous office, offering a sophisticated space for work or study. The formal dining room conveniently located between the kitchen and front entry, is perfect for hosting guests and formal gatherings. For added convenience, there is a half bath on the main floor, ensuring the comfort of your guests. The main floor master suite is a true retreat, boasting ample space and abundant natural light. The en suite bathroom is equally impressive, featuring a toilet closet, double sinks, a luxurious soaker tub, a tile shower, and a spacious walk-in closet, providing plenty of storage for your belongings. The living room with expansive ceilings offers a breathtaking view of the backyard, creating a serene atmosphere. Enjoy the gas fireplace during cooler months which is surrounded by stunning built-ins. The kitchen is a chef's dream, showcasing a large center island, and a breakfast bar, perfect for meal preparation and entertaining. Additionally, there is an eat-in dining area, and from the kitchen, you can access the screened-in porch, where you can enjoy your morning coffee while listening to the birds sing. Functionality and organization are priorities in this home, with a main floor laundry room and mud room providing convenience and efficiency. Upstairs, you'll find three generously-sized rooms, with two bedrooms sharing a well-appointed bathroom and a third bedroom having its own attached bathroom, offering privacy and comfort. The walk-out lower level features a spacious family room with a fireplace and a bar area, ideal for relaxation and socializing. There is also a fifth bedroom and a 3/4 bathroom, providing flexible living arrangements for guests or family members. One exceptional feature of this home is the impressive wine cellar, a haven for wine enthusiasts and collectors alike. It's the perfect space to start or expand your collection and is attached to a tasting room. You will want to have friends join you to experience all this has to offer! Outside, the property boasts a three-stall garage, stunning landscaping with a captivating waterfall, a deck, a patio, and exquisite curb appeal. This home offers a lifestyle of comfort, elegance, and sophistication. Don't miss the opportunity to make it your dream home.

Last Agent to Sell the Property

Ann Lyons

Oakridge Real Estate License #S55812 Listed on: 07/12/2023

Oakridge Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,068

Year Built

  • Built in 2004

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 113 x 135
  • Landscaped
  • Rain Sensor Irrigation System

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 4,449 Sq Ft Home
  • Multiple Fireplaces
  • Gas Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Screened Porch
  • Partially Finished Basement
  • Walk-Out Basement

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Schools

  • Hansen Elementary School
  • Holmes Junior High
  • Cedar Falls High School

Utilities

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

Community Details

  • Built by Craig Larsen

Listing and Financial Details

  • Assessor Parcel Number 891403426046

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,068

Year Built

Built in 2004

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Parcel Number: 891403426046
  • Year Built: 2004
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor, Laundry Room
  • Lot Size Acres: 0.35
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Reso Fireplace Features: Multiple, Gas, Family Room, Living Room
  • Reso Interior Features: Ceiling-Specialty
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 4449
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Walk-Out Access, Partially Unfinished
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1100
  • BelowGradeArea: 2201

Exterior Features

  • Construction Type: Brk Accent, Stone, Combination
  • Exterior Features: Sidewalk, Deck, Irrigation System, Landscaping, Patio, Porch Screened

Garage/Parking

  • Parking Features: 3 or More Stalls, Attached Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee: 500
  • Association Fee Frequency: Annually

Schools

  • Elementary School: Hansen
  • High School: Cedar Falls High
  • Middle Or Junior School: Holmes Junior High

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 113 x 135
  • Lot Size Sq Ft: 15255
  • Additional Parcels: No

Building Info

  • Builder Name: Craig Larsen

Tax Info

  • Tax Annual Amount: 11068

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2023
Closed on
Sep 6, 2023
Sold by
Fox Larry K and Fox Sandra L
Bought by
Arshad Mohammad and Arshad Gulshan
Seller's Agent
Ann Lyons
Oakridge Real Estate
List Price
$650,000
Sold Price
$660,000
Premium/Discount to List
$10,000
1.54%
Views
24
Current Estimated Value
$755,272

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,272
Avg. Annual Appreciation
6.76%
Original Mortgage
$528,000
Outstanding Balance
$516,483
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$238,789

Purchase Details

Closed on
Jan 18, 2005
Sold by
Craig Larsen Construction Inc
Bought by
Fox Larry K and Fox Sandra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,500
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving
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
Arshad Mohammad $660,000 None Listed On Document
Fox Larry K $570,000 Black Hawk County Abstract C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arshad Mohammad $528,000
Previous Owner Fox Larry K $162,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $660,000 +1.5% $148 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $650,000 -- $146 / 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 $11,372 $716,890 $81,110 $635,780
2023 $10,774 $708,670 $81,110 $627,560
2022 $10,902 $595,860 $81,110 $514,750
2021 $10,510 $595,860 $81,110 $514,750
2020 $10,296 $576,280 $61,530 $514,750
2019 $10,296 $576,280 $61,530 $514,750
2018 $10,428 $576,280 $61,530 $514,750
2017 $10,454 $576,280 $61,530 $514,750
2016 $9,780 $565,520 $61,530 $503,990
2015 $9,780 $565,520 $61,530 $503,990
2014 $9,894 $565,520 $61,530 $503,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20232845

Northeast Iowa Regional Board of REALTORS®

APN: 8914-03-426-046