NOT LISTED FOR SALE

2824 Cottage Row Rd Cedar Falls, IA 50613

Estimated Value: $388,000 - $442,395

3 Beds
1.5 Baths
2,210 Sq Ft
$187/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $350,000 $158 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $2,651/month

23 Days on Market

Highlights

  • Fishing
  • River Front
  • Cul-De-Sac
  • Holmes Junior High School Rated A-
  • 0.96 Acre Lot
  • 3-minute walk to Ulrich Park

About This Home

As of September 2023

Welcome to your Blissful Oasis! This fabulous home offers the perfect escape after a demanding day's work or a prime opportunity for those seeking an investment property. Nestled at the end of Cottage Row Road, this retreat is considered to have one of the highest elevations! The unique design of the home plus the oversized double garage offers instant curb appeal! Step inside, and you'll discover three bedrooms, two of which are situated on the second level. Expansive windows adorn these rooms, offering abundant natural light. The second-level family room, doubling as a theater room, invites you to unwind with captivating movies or relax after an adventure-filled day on the water. The main floor treats you to a kitchen with ample cabinets and flows into the open dining room and living area, complete with a cozy fireplace. For added convenience, there's a main floor bedroom with an adjacent full bathroom, making it easily accessible. Indulge in the tranquility of the three-season porch, where after dinner relaxation or morning coffee sessions become a delight, accompanied by the spectacle of abundant wildlife in your backyard. The home offers an additional space that could be easily used as a large dining room or another living space. This space has sliding glass doors that open to the vast backyard and waterfront! The lush lot, shaded by a plethora of trees, offers a serene retreat on hot summer days. The laundry area is located in the lower level, accompanied by ample storage space and mechanical amenities. Rest easy, knowing this home has been thoughtfully updated to ensure easy living. In 2021, a new septic system was installed, while in 2012, new siding and Pella windows. Embrace the opportunity to own your slice of paradise here in the Cedar Valley. Don't let this chance slip away! Average utilities for electric and garbage is $216 per month.

Last Agent to Sell the Property

Jane Obermeier

Oakridge Real Estate License #S56571000 Listed on: 07/26/2023

Oakridge Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,894

Year Built

  • Built in 1954

Lot Details

  • 0.96 Acre Lot
  • Lot Dimensions are 195x170x230x230
  • River Front
  • Cul-De-Sac
  • Landscaped

Parking

  • 2 Car Attached Garage

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,210 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Water Views
  • Unfinished Basement
  • Interior and Exterior Basement Entry

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Washer and Electric Dryer Hookup

Outdoor Features

  • Porch

Schools

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

Utilities

  • Central Air
  • Window Unit Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • Fishing

Listing and Financial Details

  • Assessor Parcel Number 891403226002

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,894

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Parcel Number: 891403226002
  • Year Built: 1954
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Dryer Hookup-Ele, Lower Level, Washer Hookup
  • ResoLotFeatures: Cul-De-Sac, River Front, Views, Water View, Waterfront
  • Lot Size Acres: 0.96
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Reso Fireplace Features: One, Living Room
  • Reso Interior Features: Ceiling Fan/Light
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 2210
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Electric Water Heater
  • Basement: Block, Entrance-Inside, Entrance-Outside, Floor Drain, Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • BelowGradeArea: 1064

Exterior Features

  • Construction Type: Other
  • Exterior Features: Fishing, Landscaping, Porch-3 Season

Garage/Parking

  • Parking Features: 2 Stall, Attached Garage, Oversized

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Window Unit(s)
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

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

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 195x170x230x230
  • Lot Size Sq Ft: 41975
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 5894.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2021
Closed on
May 7, 2021
Sold by
Purdy Jon Lester and Purdy Jayne Lynne
Bought by
Obrien Laura Ann
Seller's Agent
Chris Fischels
Fischels Commercial Group
List Price
$304,950
Sold Price
$270,000
Premium/Discount to List
-$34,950
-11.46%
Current Estimated Value
$412,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,599
Avg. Annual Appreciation
10.09%
Original Mortgage
$260,000
Outstanding Balance
$235,625
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$176,974
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Obrien Laura Ann $270,000 Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrien Laura Ann $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2023 09/22/23 Sold $350,000 -6.6% $158 / Sq Ft
08/18/2023 08/18/23 Pending -- -- --
07/26/2023 07/26/23 For Sale $374,900 +38.9% $170 / Sq Ft
05/07/2021 05/07/21 Sold $270,000 -11.5% $122 / Sq Ft View Prior Sale
03/27/2021 03/27/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $304,950 -- $138 / 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 $5,454 $338,990 $115,710 $223,280
2023 $5,124 $338,990 $115,710 $223,280
2022 $5,726 $286,480 $115,710 $170,770
2021 $4,114 $315,470 $115,710 $199,760
2020 $4,032 $220,940 $55,330 $165,610
2019 $4,032 $220,940 $55,330 $165,610
2018 $3,922 $220,940 $55,330 $165,610
2017 $3,922 $220,940 $55,330 $165,610
2016 $3,506 $207,140 $55,330 $151,810
2015 $3,506 $207,140 $55,330 $151,810
2014 $3,300 $193,340 $55,330 $138,010
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20233123

Northeast Iowa Regional Board of REALTORS®

APN: 8914-03-226-002