NOT LISTED FOR SALE

3503 Mcclain Dr Cedar Falls, IA 50613

Estimated Value: $163,000 - $177,000

2 Beds
1 Bath
1,000 Sq Ft
$170/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $132,000 $132 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,087/month

10 Days on Market

Highlights

  • 3 Car Detached Garage
  • Central Air
  • Level Lot
  • Peet Junior High School Rated A-
  • Ceiling Fan
  • 4-minute walk to Orchard Hill Park

About This Home

As of May 2020

Well kept 2 bedroom with a convenient location in Cedar Falls. Nice yard, house has new windows, updated kitchen, steel roof and radon mitigation system. The garage is like a small shop with over 800 sq.ft. There is no basement so you don't need to worry about having water in the basement. Close to schools, shopping, doctor offices and restaurants. This house has a lot to offer. With interest rates so low it makes this home very affordable!!

Last Agent to Sell the Property

Jake Huff

Huff Land Company License #B43033000 Listed on: 03/16/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,994

Year Built

  • Built in 1954

Lot Details

  • 9,900 Sq Ft Lot
  • Lot Dimensions are 75x132
  • Level Lot

Parking

  • 3 Car Detached Garage

Home Design

  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,000 Sq Ft Home
  • Ceiling Fan
  • Fire and Smoke Detector
  • Dishwasher
  • Laundry on main level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Air
  • Radiant Heating System

Listing and Financial Details

  • Assessor Parcel Number 891319182013

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,994

Year Built

Built in 1954

Lot Details

9,900 Sq Ft Lot

Listing Details

  • Parcel Number: 891319182013
  • Year Built: 1954
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.227
  • Road Frontage Type: Hard Surface Road, Paved Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-415-6226
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Steel
  • TotalFinishedSquareFootage: 1000
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Dishwasher
  • Basement: Slab
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • BelowGradeArea: 0

Exterior Features

  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: 3 or More Stalls, Detached Garage

Utilities

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

Schools

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

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 75x132
  • Lot Size Sq Ft: 9900
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1994

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2025
Sold by
Gerdes Dane T and Gerdes Miranda S
Bought by
Gerdes Claire B
Current Estimated Value
$170,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$138,831
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$31,253

Purchase Details

Closed on
Nov 27, 2023
Sold by
Murphy Miranda S and Gerdes Dane T
Bought by
Gerdes Dane T and Gerdes Miranda S

Purchase Details

Listed on
Mar 16, 2020
Closed on
Apr 27, 2020
Sold by
Jelecevic Fatma F and Jelecevic Fauna Faith
Bought by
Gerdes Dane T
Seller's Agent
Jake Huff
Huff Land Company
List Price
$137,000
Sold Price
$132,000
Premium/Discount to List
-$5,000
-3.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.40%
Original Mortgage
$125,400
Interest Rate
3.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gerdes Claire B $150,000 None Listed On Document
Gerdes Dane T -- None Listed On Document
Gerdes Dane T -- None Listed On Document
Gerdes Dane T $132,000 Title Services Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerdes Claire B $140,000
Previous Owner Gerdes Dane T $125,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2020 05/01/20 Sold $132,000 -3.6% $132 / Sq Ft
03/26/2020 03/26/20 Pending -- -- --
03/16/2020 03/16/20 For Sale $137,000 -- $137 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

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 $2,202 $151,460 $27,560 $123,900
2024 $2,202 $136,870 $27,560 $109,310
2023 $2,094 $136,870 $27,560 $109,310
2022 $2,118 $113,410 $27,560 $85,850
2021 $2,010 $113,410 $27,560 $85,850
2020 $1,808 $107,900 $22,050 $85,850
2019 $1,808 $107,900 $22,050 $85,850
2018 $1,832 $107,900 $22,050 $85,850
2017 $1,876 $107,900 $22,050 $85,850
2016 $1,752 $107,900 $22,050 $85,850
2015 $1,752 $107,900 $22,050 $85,850
2014 $1,704 $104,000 $22,050 $81,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20201245

Northeast Iowa Regional Board of REALTORS®

APN: 8913-19-182-013

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