NOT LISTED FOR SALE

3509 Panther Ln Unit 3511 Cedar Falls, IA 50613

Estimated Value: $356,716 - $364,000

4 Beds
2 Baths
2,347 Sq Ft
$154/Sq Ft Est. Value

Last Sold September 06, 2024

Last sale price $355,000 $151 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,387/month

26 Days on Market

Highlights

  • Deck
  • Laundry Room
  • Forced Air Heating and Cooling System
  • Southdale Elementary School Rated A-
  • 1-Story Property
  • Ceiling Fan

About This Home

As of September 2024

Located at 3509-3511 Panther Lane in Cedar Falls, Iowa, this duplex offers an exceptional opportunity for both investment and comfortable living. Situated in close proximity to the University of Northern Iowa, it features a spacious layout designed for convenience and practicality. The property consists of two distinct units: One unit features 3 bedrooms and 2 bathrooms, providing ample space for a family or multiple occupants. The other unit offers 2 bedrooms and 1 bathroom, ideal for a smaller household or rental opportunity. Larger unit boasts a finished lower level, enhancing usable space and functionality. A cozy fireplace adds charm and warmth during colder months, creating a welcoming atmosphere. Car enthusiasts and those needing extra storage will appreciate the oversized double attached garage for one unit and a single attached garage for the other, offering plenty of parking and storage options. The location is highly desirable, with easy access to parks, trails, and shopping amenities, ensuring convenience and a quality lifestyle. Whether you're looking to invest or seeking a property for owner-occupied living, this duplex presents a versatile opportunity in a prime Cedar Falls location.

Last Agent to Sell the Property

Jason Strelow

Berkshire Hathaway Home Services One Realty Centre License #B37568 Listed on: 07/17/2024

Berkshire Hathaway Home Services One Realty Centre

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,589

Year Built

  • Built in 1970

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 153x90

Home Design

  • Duplex
  • Concrete Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Ceiling Fan
  • Finished Basement
  • Interior Basement Entry

Laundry

  • Laundry Room
  • Laundry on lower level
  • Washer and Gas Dryer Hookup

Parking

  • Garage
  • 3 Open Parking Spaces

Outdoor Features

  • Deck

Schools

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

Utilities

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

Listing and Financial Details

  • Tenant pays for electricity, garbage pick-up, gas, heat, lawn care, snow removal, water
  • Assessor Parcel Number 891423252030

Community Details

Overview

  • 2 Units

Building Details

  • Operating Expense $15,600
  • Net Operating Income $15,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,589

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Parcel Number: 891423252030
  • Year Built: 1970
  • Property Sub-Type: Duplex
  • PropertyType: Residential Income
  • ResoLaundryFeatures: Dryer Hookup-Gas, Laundry Room, Lower Level, Washer Hookup
  • Lot Size Acres: 0.32
  • Road Frontage Type: Hard Surface Road
  • Co List Office Phone: 319-233-7000
  • MLS Status: Closed
  • Above Grade Finished Sq Ft: 2347
  • Architectural Style: One Story, Duplex
  • Reso Roof: Asphalt
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete, Entrance-Inside, Floor Drain, Finished
  • Below Grade Sq Ft: 1760

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Deck
  • Siding: Vinyl

Garage/Parking

  • Open Parking Spaces: 3
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Utilities: Cable Paid by Individual, Elec Individual Meters, Garbage Pd by Individual, Gas Individual Meters, Separate Meters, Water - Multiple Meters
  • Water Source: City

Schools

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

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 153x90
  • Lot Size Sq Ft: 13770

Rental Info

  • Tenant Pays: Electricity, Garbage Pick-up, Gas, Heat, Lawn Care, Snow Removal, Water
  • Lease Term: Month To Month

Multi Family

  • Operating Expense: 15600
  • Number Of Units Total: 2
  • Net Operating Income: 15600

Tax Info

  • Tax Annual Amount: 4589

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2024
Closed on
Sep 4, 2024
Sold by
Starbeck Tyler R
Bought by
Williams Laurie A
Seller's Agent
Jason Strelow
Berkshire Hathaway Home Services One Realty Centre
List Price
$374,900
Sold Price
$355,000
Premium/Discount to List
-$19,900
-5.31%
Views
10
Current Estimated Value
$360,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,679
Avg. Annual Appreciation
1.49%
Original Mortgage
$255,000
Outstanding Balance
$252,272
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving
Estimated Equity
$108,407

Purchase Details

Closed on
Sep 19, 2013
Sold by
Starbeck Llc
Bought by
Starbeck Jeffrey C and Starbeck Deborah A
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
Williams Laurie A $355,000 None Listed On Document
Starbeck Jeffrey C -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Laurie A $255,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2024 09/06/24 Sold $355,000 -5.3% $151 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
07/17/2024 07/17/24 For Sale $374,900 -- $160 / 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 $5,696 $353,990 $30,480 $323,510
2023 $4,588 $353,990 $30,480 $323,510
2022 $4,412 $248,570 $30,480 $218,090
2021 $4,428 $248,570 $30,480 $218,090
2020 $4,336 $249,720 $25,400 $224,320
2019 $4,336 $249,720 $25,400 $224,320
2018 $3,874 $221,680 $25,400 $196,280
2017 $3,964 $221,680 $25,400 $196,280
2016 $3,704 $221,680 $25,400 $196,280
2015 $3,704 $221,680 $25,400 $196,280
2014 $3,414 $202,990 $25,400 $177,590
Source: Public Records

Agents Affiliated with this Home

  • Jason Strelow

    Seller's Agent in 2024

    Jason Strelow

    Berkshire Hathaway Home Services One Realty Centre

    (319) 961-3000

    45 in this area

    205 Total Sales

    Jason Strelow
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20243060

Northeast Iowa Regional Board of REALTORS®

APN: 8914-23-252-030

Iowa Black Hawk County Cedar Falls 50613

3509 Panther Ln Unit 3511, Cedar Falls, IA

This home is located at 3509 Panther Ln Unit 3511, Cedar Falls, IA 50613 since 17 July 2024 and is currently estimated at $360,679, approximately $153 per square foot. This property was built in 1970. 3509 Panther Ln Unit 3511 is a home located in Black Hawk County with nearby schools including Southdale 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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