NOT LISTED FOR SALE

2619 Falbrook Dr NE Cedar Rapids, IA 52402

Estimated Value: $206,000 - $232,566

3 Beds
2 Baths
1,784 Sq Ft
$125/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $118,000 $66 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $1,509/month

11 Days on Market

Highlights

  • Recreation Room
  • Ranch Style House
  • Eat-In Kitchen
  • John F. Kennedy High School Rated A-
  • 2 Car Attached Garage
  • Forced Air Cooling System

About This Home

As of September 2016

Located in the Kennedy school district, in a well established neighborhood. This ranch home offers some newer touches in the kitchen and some work to be desired. Laminate wood flooring in kitchen/dining area and modern fixture. Open floor plan with 3 bedrooms and 2 full baths. Full basement partly finished. This property is sold as is condition and managed by Chronos Solutions. It is an exclusive listing. For information visit www.hudhomestore.com or www.chronossolutions.com. Property case # 161-227699

Last Agent to Sell the Property

Penny Novak

SKOGMAN REALTY Listed on: 07/14/2016

SKOGMAN REALTY

Last Buyer's Agent

Adam Stradt

RE/MAX CONCEPTS

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Year Built

  • 1968

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 75 x 119

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

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

Home Details

Home Type

Single Family

Year Built

1968

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2000
  • Above Grade Finished Sq Ft: 1135
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 3040
  • List User Cell Phone: 319-981-3484
  • Low Lvl Fin Sq Ft: 649
  • Net Tax: 3040
  • Other: Repo
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 103.96
  • Total Sq Ft: 1784
  • Taxable Value Tv: 142900.00
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1968

Interior Features

  • Appliances Included: Water Heater – Gas
  • Additional Room: Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1
  • Room Count: 5

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

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: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: 75 X 119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2016
Closed on
Sep 14, 2016
Sold by
Secretary Housing Urban Development
Bought by
Hepker Nathan D
Seller's Agent
Penny Novak
SKOGMAN REALTY
Buyer's Agent
Adam Stradt
RE/MAX CONCEPTS
List Price
$118,000
Sold Price
$118,000
Current Estimated Value
$222,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,642
Avg. Annual Appreciation
7.28%

Purchase Details

Closed on
May 24, 2016
Sold by
Midfirst Bank
Bought by
Secretary Housing Urban Development

Purchase Details

Closed on
May 16, 2016
Sold by
Sherrif Of Linn County and Brake Peggy L
Bought by
Midfirst Bank

Purchase Details

Closed on
May 4, 2016
Sold by
Sherrif Of Linn County and Brake Peggy L
Bought by
Midfirst Bank

Purchase Details

Closed on
Dec 28, 1998
Sold by
Brisapati Inc
Bought by
Brake Michael E and Brake Peggy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,677
Interest Rate
6.95%
Mortgage Type
Balloon
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 Buyer Sale Price Title Company
Hepker Nathan D -- None Available
Secretary Housing Urban Development -- None Available
Midfirst Bank $112,140 None Available
Midfirst Bank $112,140 None Available
Brake Michael E $102,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brake Michael E $64,500
Previous Owner Brake Peggy L $145,847
Previous Owner Brake Michael E $79,995
Previous Owner Brake Michael E $80,000
Previous Owner Brake Michael E $112,000
Previous Owner Brake Michael E $28,000
Previous Owner Brake Michael E $104,677
Closed Midfirst Bank $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $118,000 0.0% $66 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
07/14/2016 07/14/16 For Sale $118,000 -- $66 / 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 $3,348 $200,100 $44,900 $155,200
2022 $3,288 $158,700 $36,300 $122,400
2021 $3,438 $158,700 $36,300 $122,400
2020 $3,438 $155,800 $32,800 $123,000
2019 $3,108 $144,200 $27,600 $116,600
2018 $3,022 $144,200 $27,600 $116,600
2017 $3,112 $142,900 $27,600 $115,300
2016 $2,895 $136,200 $27,600 $108,600
2015 $2,710 $137,439 $27,645 $109,794
2014 $2,740 $137,439 $27,645 $109,794
2013 $2,676 $137,439 $27,645 $109,794
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1606773

Cedar Rapids Area Association of REALTORS®

APN: 14081-04009-00000