Seller's Agent in 2021
Luke Bartlett
Oakridge Real Estate
(319) 269-1651
208 Total Sales
415 Walnut St Cedar Falls, IA 50613
Estimated Value: $412,000 - $440,000
4
Beds
3
Baths
2,944
Sq Ft
$146/Sq Ft
Est. Value
Highlights
- RV or Boat Parking
- Fireplace in Primary Bedroom
- Wood Flooring
- Holmes Junior High School Rated A-
- Deck
- Corner Lot
About This Home
As of October 2021This iconic Cedar Falls home is teeming with stories, character, and historical significance. T.L. French, who owned the historic broom factory, purchased this land from the Overman family and built the stately Walnut home in 1874. Every inch boasts beautiful character and no expense was spared when constructing the home. T.L. French eventually sold the home to the Gleason family, who owned the Centennial home for over a century! The grand wrap-around porch provides magnificent curb appeal and is a peaceful spot to spend an evening with friends and family. Step in the stately front door and you'll instantly fall in love with the soaring ceilings, detailed woodwork of the entry, and grand staircase. A parlor sits in front of the home and features lovely picture rail moulding, beautiful lighting, the first of many custom ceiling medallions, and the first of five marble fireplaces in the home. These marble fireplaces traveled by boat from Italy to port in New Orleans, by barge up the Mississippi River to Dubuque, and then by oxcart to Cedar Falls. Towering pocket doors usher you in to the family room. Here you'll again notice the beauty of the custom doors, marble fireplace feature, wall murals, custom ceiling medallion, and more exquisite character details. Beyond the living room, a large formal dining room provides the perfect space to host a crowd. The dining area has doors that lead to a second covered porch area, and the backyard deck. Around 1900, a large addition to the home brought the kitchen indoors! The current owners renovated the spacious kitchen, which boasts magnificent cherry cabinetry, a large center island, hard surface countertops, touch faucet, updated appliances, a cistern surprise, and a wonderful workspace area. A main floor laundry room sits beyond the kitchen and leads to a newly renovated full bath. Also on the main, you'll find an office with floor to ceiling built ins, tin ceiling, and fireplace focal point. Travel up the marvelous front staircase to the second story, and you'll find 4 sizeable bedrooms, including a master suite with a master bathroom that houses double sinks, shower, and a jetted tub. Also on the second level, you'll discover a nursery room, storage room, a second full bath, and access to the amazing attic space. A servant's staircase leads back down to the kitchen. Continue down to the basement and you'll find plenty of storage, a craft/project room, workshop space, exercise room, and a large playroom area. When they purchased the home, the current owners opened up a trap door area and turned it into a second basement staircase. When doing so, they found evidence of a rumored speakeasy once housed in the basement. The outside spaces of this home are an absolute oasis! Once lined with 9 hitching posts for the extensive guests that visited the grandios home for social gatherings, the front yard is beautifully landscaped and bursts with color. One set of steps remains on Walnut, where horse carriages would stop to let people out to be ushered into the home. A private backyard provides a peaceful deck with pergola, a grapevine arbor, and brick patio pavers salvaged from old 4th Street in Waterloo. The carriage house-style garage provides three stalls of parking space, and an amazing upper level workshop. A second garage/shed, once used for cooking and laundry, gives more storage options, workspace, and a potting shed area. There are so many wonderful details and stories to share... this historic Walnut home is an absolute dream! Don't miss your chance to own an iconic piece of Cedar Falls history!
Last Agent to Sell the Property
Oakridge Real Estate License #S6323300 Listed on: 08/13/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,410
Year Built
- Built in 1876
Lot Details
- 0.4 Acre Lot
- Lot Dimensions are 132x132
- Fenced
- Landscaped
- Corner Lot
- Level Lot
- Garden
- Property is zoned R-2
Home Design
- Asphalt Roof
- Wood Siding
Interior Spaces
- 2,944 Sq Ft Home
- Rear Stairs
- Ceiling Fan
- Multiple Fireplaces
- Wood Burning Fireplace
- Gas Fireplace
- Pocket Doors
- Panel Doors
- Living Room with Fireplace
- Wood Flooring
- Home Security System
Kitchen
- Free-Standing Range
- Dishwasher
- Solid Surface Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
- 3 Full Bathrooms
Laundry
- Laundry Room
- Laundry on main level
- Laundry in Kitchen
Unfinished Basement
- Stone Basement
- Interior and Exterior Basement Entry
- Sump Pump
Parking
- 3 Car Detached Garage
- Workshop in Garage
- Garage Door Opener
- RV or Boat Parking
Outdoor Features
- Deck
- Covered patio or porch
- Storage Shed
- Outbuilding
Schools
- Lincoln Elementary Cf
- Holmes Junior High
- Cedar Falls High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Steam
- Water Softener is Owned
Listing and Financial Details
- Assessor Parcel Number 891412302011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 13, 2021
Closed on
Oct 22, 2021
Sold by
Mcmahon Barbara A and Barbara A Mcmahon Revocable Tr
Bought by
Grooms Evan Thomas
Seller's Agent
Luke Bartlett
Oakridge Real Estate
List Price
$390,000
Sold Price
$383,000
Premium/Discount to List
-$7,000
-1.79%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,774
Avg. Annual Appreciation
1.84%
Original Mortgage
$344,700
Outstanding Balance
$321,331
Interest Rate
2.87%
Mortgage Type
New Conventional
Estimated Equity
$88,047
Purchase Details
Closed on
Oct 24, 2019
Sold by
Mcmahon Barbara A and Mcmahon Neil G
Bought by
Barbara A Mcmahon Revocable Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Grooms Evan Thomas | $383,000 | None Available | |
| Barbara A Mcmahon Revocable Trust | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Grooms Evan Thomas | $344,700 | |
| Previous Owner | Mcmahon Neil G | $268,500 | |
| Previous Owner | Mcmahon Nell G | $275,000 | |
| Previous Owner | Mcmahon Neil G | $275,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/22/2021 10/22/21 | Sold | $383,000 | -1.8% | $130 / Sq Ft |
| 08/21/2021 08/21/21 | Pending | -- | -- | -- |
| 08/13/2021 08/13/21 | For Sale | $390,000 | -- | $132 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
Tax History Compared to Growth
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 | $6,170 | $405,080 | $51,740 | $353,340 |
| 2023 | $5,824 | $405,080 | $51,740 | $353,340 |
| 2022 | $5,824 | $324,380 | $51,740 | $272,640 |
| 2021 | $5,893 | $324,380 | $51,740 | $272,640 |
| 2020 | $5,410 | $305,260 | $33,630 | $271,630 |
| 2019 | $5,410 | $305,260 | $33,630 | $271,630 |
| 2018 | $5,480 | $305,260 | $33,630 | $271,630 |
| 2017 | $5,602 | $305,260 | $33,630 | $271,630 |
| 2016 | $5,066 | $305,260 | $33,630 | $271,630 |
| 2015 | $5,066 | $295,370 | $33,630 | $261,740 |
| 2014 | $4,716 | $272,600 | $33,630 | $238,970 |
Source: Public Records
Agents Affiliated with this Home
-
Luke Bartlett
-
Rebecca Bartlett
R
Seller Co-Listing Agent in 2021
Rebecca Bartlett
Oakridge Real Estate
(319) 269-8999
191 Total Sales
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20213929
APN: 8914-12-302-011
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