NOT LISTED FOR SALE

2623 Orchard Dr Unit 5 Cedar Falls, IA 50613

Estimated Value: $159,110 - $200,000

2 Beds
2 Baths
1,026 Sq Ft
$140/mo HOA Fee

Last Sold February 01, 2023

Last sale price $145,000 $141 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,264/month

27 Days on Market

Highlights

  • Covered Patio or Porch
  • 1 Car Detached Garage
  • Laundry closet
  • Peet Junior High School Rated A-
  • French Doors
  • Forced Air Heating and Cooling System

About This Home

As of February 2023

Quick possession possible on this spacious/clean upper level condo w/ 2 bedrooms & 1.75 baths plus sliders off the living room to a screened/covered patio. You'll discover a fully equipped oak kitchen & oak trim throughout plus laundry w/ washer/dryer conveniently located between the bedrooms! There's a convenient 3/4 bath off the master bedroom. The 2nd bedroom has plenty of space for all your clothes in 2 sepaarte closets. The building entrance is secure for your comfort level & a single detached garage w/ opener is located across the driveway. You'll like the convenient location near various professional offices, Veridian & Green State Credit Unions & Regions Bank. Major shopping & restaurants are found just a few blocks away in Black Hawk Village & College Square malls. Right next door is Mallard Point Senior Living Center in case you have a parent living there to keep an eye on. $140/month HOA fee covers lawn care, irrigation, snow removal, exterior building maintenance, building insurance, water & sewer. Sorry, no investor buyers as HOA bylaws require an owner-occupant purchase. Pets must weigh less than 35 lbs to be approved by the HOA. New carpet to be installed in both bedrooms prior to Closing.

Last Agent to Sell the Property

Bruce Wingert

Structure Real Estate License #B14346000 Listed on: 11/16/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,199

Year Built

  • Built in 2005

Lot Details

  • 7,187

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,026 Sq Ft Home
  • Ceiling Fan
  • French Doors

Kitchen

  • Free-Standing Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry closet
  • Dryer

Home Security

Schools

  • Orchard Hill Elementary School
  • Peet Junior High
  • Cedar Falls High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Covered Patio or Porch
  • Rain Sensor Irrigation System

Listing and Financial Details

  • Assessor Parcel Number 891320301020

Community Details

Overview

  • Built by Minard Construction
  • Legacy Cove Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,199

Year Built

Built in 2005

Lot Details

0

HOA Fees

$140 per month

Listing Details

  • Parcel Number: 891320301020
  • Year Built: 2005
  • Property Sub-Type: Condominium
  • PropertyType: Residential
  • ResoLaundryFeatures: Laundry Closet
  • Lot Size Acres: 0.165
  • Road Frontage Type: Paved Road, Shared Drive
  • Road Surface Type: Common
  • Co List Office Mls Id: NBR425
  • Co List Office Phone: 319-260-2016
  • Co List Office Phone: 319-260-2016
  • MLS Status: Closed
  • Subdivision Name: Legacy Cove
  • Architectural Style: Condominium
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan/Light, French Doors, Sliding Glass Door
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1026
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Smoke Detector, Dishwasher, Dryer, Disposal, Microwave Built In, Free-Standing Range, Refrigerator, Electric Water Heater
  • Basement: None
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • BelowGradeArea: 0

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Sidewalk, Irrigation System, Patio-Covered

Garage/Parking

  • Parking Features: 1 Stall, Detached Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Electric, Forced Air
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 140
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Orchard Hill Elementary
  • High School: Cedar Falls High
  • Middle Or Junior School: Peet Junior High

Lot Info

  • Zoning: C-1
  • Lot Dimensions: Common
  • Lot Size Sq Ft: 7197
  • Additional Parcels: No

Building Info

  • Builder Name: Minard Construction

Tax Info

  • Tax Annual Amount: 2199

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2022
Closed on
Jan 30, 2023
Sold by
Jp Mcdermott Property Llc
Bought by
Ergul Hilal
Seller's Agent
Bruce Wingert
Structure Real Estate
List Price
$144,500
Sold Price
$145,000
Premium/Discount to List
$500
0.35%
Views
270
Current Estimated Value
$179,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,778
Avg. Annual Appreciation
5.93%
Original Mortgage
$116,000
Outstanding Balance
$112,732
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$56,196

Purchase Details

Closed on
Oct 15, 2012
Sold by
Jenne Peter Christian
Bought by
Mcdermott Eric M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,690
Interest Rate
3.32%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 17, 2008
Sold by
Co Joe Minard Construction Inc
Bought by
Christian Jenne Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,600
Interest Rate
5.96%
Mortgage Type
Purchase Money Mortgage
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
Ergul Hilal $145,000 --
Mcdermott Eric M $106,000 None Available
Christian Jenne Peter $107,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ergul Hilal $116,000
Previous Owner Mcdermott Eric M $87,690
Previous Owner Christian Jenne Peter $85,600
Closed Ergul Hilal $21,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2023 02/01/23 Sold $145,000 +0.3% $141 / Sq Ft
12/13/2022 12/13/22 Pending -- -- --
11/16/2022 11/16/22 For Sale $144,500 -- $141 / 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 $2,100 $140,760 $22,670 $118,090
2023 $2,172 $140,760 $22,670 $118,090
2022 $2,200 $117,700 $9,720 $107,980
2021 $2,070 $117,700 $9,720 $107,980
2020 $2,028 $111,120 $9,720 $101,400
2019 $2,028 $111,120 $9,720 $101,400
2018 $2,054 $111,120 $9,720 $101,400
2017 $2,054 $111,120 $9,720 $101,400
2016 $1,964 $111,120 $9,720 $101,400
2015 $1,964 $111,120 $9,720 $101,400
2014 $1,902 $106,410 $9,720 $96,690
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2023

    Bruce Wingert

    Structure Real Estate

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20225297

Northeast Iowa Regional Board of REALTORS®

APN: 8913-20-301-018

Iowa Black Hawk County Cedar Falls 50613

2623 Orchard Dr Unit 5, Cedar Falls, IA

This home is located at 2623 Orchard Dr Unit 5, Cedar Falls, IA 50613 since 16 November 2022 and is currently estimated at $179,778, approximately $175 per square foot. This property was built in 2005. 2623 Orchard Dr Unit 5 is a home located in Black Hawk County with nearby schools including Orchard Hill Elementary School, Peet Junior High School, and Cedar Falls High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northeast Iowa Regional Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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