$248,000
SOLD NOV 22, 2024

3023 Cottonwood Ln Cedar Falls, IA 50613

5 Beds
2 Baths
1,854 Sq Ft
9,880 Sq Ft Lot

Recently Sold

$134 Per Sq Ft

4% Below List Price

12 Days on Market

Highlights

  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Storage Shed
  • Peet Junior High School Rated A-

About This Home

As of November 2024

You will fall in love with this 4 - 5 bedroom, 2 bathroom home located on a quiet dead-end street. You will appreciate all the updates including a remodeled kitchen and main floor bathroom, all new flooring on the main floor and a new central air-conditioner. Other improvements are newer windows and a remodeled lower level. The main floor has a large eat-in kitchen with lots of counter space and a pantry, a very comfortable living room, 2 spacious bedrooms and a full bathroom. The upstairs has 2 good-sized bedrooms. The downstairs has another family area ideal for a family room, an exercise room or a place for the kids to play, plus another bedroom, a large 3/4 bath, laundry room and a storage area for those things you want to hide away. On the outside you will find a full 24 x 24 double garage with more storage space above and a new garage door, a nice storage shed and a great yard for the kids or those nice summer and fall evenings. The mechanicals and stove are newer as well and all the appliances are included. The work has been done and is just waiting for a family to enjoy it. Check it out today.

Last Agent to Sell the Property

Gary Anderson

RE/MAX Concepts - Cedar Falls License #S59171000 Listed on: 10/16/2024

RE/MAX Concepts - Cedar Falls

Last Buyer's Agent

Elke Gerdes

Structure Real Estate License #S59796000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,501

Year Built

  • Built in 1961

Lot Details

  • 9,880 Sq Ft Lot
  • Lot Dimensions are 65 x 152

Parking

  • 2 Car Detached Garage

Home Design

  • 1,854 Sq Ft Home
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Kitchen

  • Free-Standing Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry on lower level
  • Dryer

Outdoor Features

  • Storage Shed

Schools

  • Cedar Heights Elementary School
  • Peet Junior High
  • Cedar Falls High School

Utilities

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

Additional Features

  • Partially Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 891317379004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,501

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Parcel Number: 891317379004
  • Year Built: 1961
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.23
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-266-7100
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1854
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Free-Standing Range, Refrigerator, Gas Water Heater
  • Basement: Partially Unfinished
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 650
  • BelowGradeArea: 892

Exterior Features

  • Construction Type: Brk Accent, Vinyl Siding
  • Exterior Features: Storage Shed

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage

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: Cedar Heights Elementary
  • High School: Cedar Falls High
  • Middle Or Junior School: Peet Junior High

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 65 x 152
  • Lot Size Sq Ft: 9880
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2024
Closed on
Nov 21, 2024
Sold by
Klunder Noah and Klunder Rebekah
Bought by
Dryer Jacob
Seller's Agent
Gary Anderson
RE/MAX Concepts - Cedar Falls
Buyer's Agent
Elke Gerdes
Structure Real Estate
List Price
$258,000
Sold Price
$248,000
Premium/Discount to List
-$10,000
-3.88%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.68%
Original Mortgage
$235,600
Outstanding Balance
$233,165
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$13,273

Purchase Details

Listed on
Aug 30, 2021
Closed on
Sep 30, 2021
Sold by
Wolcott Jerek C and Wolcott Ashley J
Bought by
Klunder Noah and Klunder Rebekah
Seller's Agent
Amy Wienands
AWRE, EXP Realty, LLC
List Price
$164,900
Sold Price
$158,500
Premium/Discount to List
-$6,400
-3.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.38%
Original Mortgage
$126,800
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Oct 13, 2020
Closed on
Nov 25, 2020
Sold by
Hinders Matthew L and Hinders Katie A
Bought by
Wolcott Jerek C and Wolcott Ashley J
Seller's Agent
Diane Litton
Oakridge Real Estate
List Price
$148,500
Sold Price
$148,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.87%
Original Mortgage
$133,650
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2012
Sold by
Terry Levon G and Terry Marian L
Bought by
Hinders Matthew L and Hinders Katie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,380
Interest Rate
4.01%
Mortgage Type
Unknown
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 Type Sale Price Title Company
Warranty Deed $248,000 Title Services
Warranty Deed $158,500 None Available
Warranty Deed $148,500 None Available
Warranty Deed $112,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $235,600 New Conventional
Previous Owner $126,800 Purchase Money Mortgage
Previous Owner $133,650 New Conventional
Previous Owner $22,380 Unknown
Previous Owner $89,520 Assumption
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2025 10/23/25 Pending -- -- --
10/22/2025 10/22/25 For Sale $259,500 +4.6% $140 / Sq Ft
11/22/2024 11/22/24 Sold $248,000 -3.9% $134 / Sq Ft
10/28/2024 10/28/24 Pending -- -- --
10/16/2024 10/16/24 For Sale $258,000 +62.8% $139 / Sq Ft
10/06/2021 10/06/21 Sold $158,500 -3.9% $99 / Sq Ft View Prior Sale
09/01/2021 09/01/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $164,900 +11.0% $103 / Sq Ft
11/25/2020 11/25/20 Sold $148,500 0.0% $90 / Sq Ft View Prior Sale
10/14/2020 10/14/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $148,500 -- $90 / 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 $2,578 $189,380 $26,520 $162,860
2024 $2,578 $170,380 $26,520 $143,860
2023 $2,348 $170,380 $26,520 $143,860
2022 $2,348 $136,050 $26,520 $109,530
2021 $2,352 $134,590 $26,520 $108,070
2020 $2,306 $126,300 $18,230 $108,070
2019 $2,306 $126,300 $18,230 $108,070
2018 $2,274 $123,080 $18,230 $104,850
2017 $2,324 $123,080 $18,230 $104,850
2016 $2,176 $123,080 $18,230 $104,850
2015 $2,176 $123,080 $18,230 $104,850
2014 $2,030 $113,550 $18,230 $95,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20244654

Northeast Iowa Regional Board of REALTORS®

APN: 8913-17-379-004