NOT LISTED FOR SALE

262 Clark Dr Cedar Falls, IA 50613

Estimated Value: $226,000 - $238,358

4 Beds
2 Baths
1,802 Sq Ft
$130/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $200,000 $111 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,483/month

3 Days on Market

Highlights

  • Deck
  • Family Room with Fireplace
  • Beamed Ceilings
  • Holmes Junior High School Rated A-
  • Corner Lot
  • Patio

About This Home

As of October 2022

OPEN HOUSE this Sunday 1:00 to 2:00. This 4 bed/2 bath home has been meticulously cared for by the current owner since 1965. Gorgeous, well-groomed corner lot in the ideal neighborhood. Located very close to the university and new high school and not far from Lincoln Elem and Holmes Jr High. Great floor plan! The unique mid-century modern interior has a cool vibe and a warm feel. A new picture window lights up the living room and the glass sliders brighten up the dining room & breakfast bar. The retro look continues into a well-designed open kitchen area (11x10). The main level includes 3 bedrooms and a full bath. The room off the kitchen would make a great office, music room or workout area. At the bottom of the steps you'll experience the 'Wow Factor'. The main room is amazing. Exposed plank ceiling supported by gorgeous wooden beams, brick pattern poured foundation walls and fireplace help create the perfect setting for adult gatherings. Imagine sipping wine and playing scrabble with your friends while listening to Sinatra on vinyl. OK, it's a great area for kids, too. The lower level includes a bathroom w/shower, office space, large laundry room, bonus area for ping-pong, gaming or exercise, and a beautifully bright bedroom (egress windows may not conform). Additional highlights: Replacement windows in 2015, maintenance-free steel siding with lifetime warranty, new shingles 2010, concrete recently leveled in many areas (incl garage floor), peaceful back patio area, electric lift in garage makes this home wheel-chair accessible and will make moving large items a breeze. Since the interior is so pristine, updating is optional. The quality of materials and the craftsmanship displayed in this home are exceptional. The level of care and cleanliness is unmatched. Take a tour and you'll agree, this home is special.

Last Agent to Sell the Property

Bert Gilgen

Structure Real Estate License #S614060 Listed on: 08/26/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,954

Year Built

  • Built in 1963

Lot Details

  • 10,640 Sq Ft Lot
  • Lot Dimensions are 133x80
  • Landscaped
  • Corner Lot
  • Garden

Home Design

  • Concrete Foundation
  • Shingle Roof
  • Asphalt Roof
  • Steel Siding

Interior Spaces

  • 1,802 Sq Ft Home
  • Beamed Ceilings
  • Fireplace Features Masonry
  • Electric Fireplace
  • Family Room with Fireplace
  • Fire and Smoke Detector
  • Partially Finished Basement

Kitchen

  • Free-Standing Range
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Laundry on lower level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Garage Door Opener

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Deck
  • Patio

Schools

  • Lincoln Elementary Cf
  • Holmes Junior High
  • Cedar Falls High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 891414252021

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,954

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Parcel Number: 891414252021
  • Year Built: 1963
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Dryer Hookup-Gas, Laundry Room, Lower Level, Washer Hookup
  • ResoLotFeatures: Corner Lot
  • Lot Size Acres: 0.24
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-260-2016
  • MLS Status: Closed
  • Reso Fireplace Features: Electric, Family Room, Masonry
  • Reso Interior Features: Beamed Ceilings, Handicap Access, Sliding Glass Door
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1802
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Dryer, Disposal, Free-Standing Range, Refrigerator, Washer, Gas Water Heater
  • Basement: Concrete, Floor Drain, Partially Finished
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 650
  • BelowGradeArea: 1152

Exterior Features

  • Construction Type: Steel
  • Exterior Features: Deck, Garden, Landscaping, Patio

Garage/Parking

  • Parking Features: 2 Stall, Garage Door Opener, Oversized

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Lincoln Elementary CF
  • High School: Cedar Falls High
  • Middle Or Junior School: Holmes Junior High

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 133x80
  • Lot Size Sq Ft: 10640
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2954

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2022
Closed on
Oct 21, 2022
Sold by
Myrtle L Albrecht Trust and Albrecht Myrtle L
Bought by
Burdick Lori
Seller's Agent
Bert Gilgen
Structure Real Estate
List Price
$199,000
Sold Price
$200,000
Premium/Discount to List
$1,000
0.5%
Current Estimated Value
$234,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,590
Avg. Annual Appreciation
5.03%
Original Mortgage
$160,000
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 13, 2012
Sold by
Albrecht Myrtle L and Albrecht James E
Bought by
Albrecht Myrtle L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Burdick Lori $200,000 Title Services Corp (Tsc)
Burdick Lori $200,000 Title Services Corp (Tsc)
Albrecht Myrtle L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burdick Lori $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2022 10/21/22 Sold $200,000 +0.5% $111 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/26/2022 08/26/22 For Sale $199,000 -- $110 / 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
2025 $3,180 $215,790 $56,610 $159,180
2024 $3,180 $197,630 $36,390 $161,240
2023 $2,914 $197,630 $36,390 $161,240
2022 $2,948 $166,770 $36,390 $130,380
2021 $2,794 $166,770 $36,390 $130,380
2020 $2,736 $158,680 $28,300 $130,380
2019 $2,736 $158,680 $28,300 $130,380
2018 $2,772 $158,680 $28,300 $130,380
2017 $2,836 $158,680 $28,300 $130,380
2016 $2,650 $158,680 $28,300 $130,380
2015 $2,650 $158,680 $28,300 $130,380
2014 $2,458 $146,260 $28,300 $117,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20224108

Northeast Iowa Regional Board of REALTORS®

APN: 8914-14-252-021