NOT LISTED FOR SALE

5003 University Ave Cedar Falls, IA 50613

Estimated Value: $224,791 - $289,000

3 Beds
2 Baths
2,448 Sq Ft
$106/Sq Ft Est. Value

Last Sold January 17, 2023

Last sale price $155,000 $63 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,688/month

Highlights

  • Deck
  • 3 Car Garage
  • Forced Air Heating and Cooling System
  • Peet Junior High School Rated A-
  • Patio

About This Home

As of January 2023

Fantastic space in this 3 bedroom, 2 bath ranch. Beautiful hardwood floors throughout the original 1957 2 bedroom side, along with updated full bath and original living room with fireplace.. 1974 addition has huge family room with very large storage closets, master bedroom and bath. Attached 1 car garage accessed from front parking pad, along with detached 24 x 30 garage with side street access. This corner lot property has commercial potential and has mediam cut turn off from University Ave.

Last Agent to Sell the Property

Sue Scarbrough,CRS

Berkshire Hathaway Home Services One Realty Centre License #S37471000 Listed on: 11/04/2022

Berkshire Hathaway Home Services One Realty Centre

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,583

Year Built

  • Built in 1957

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 95x187

Parking

  • 3 Car Garage

Home Design

  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2,448 Sq Ft Home
  • Living Room with Fireplace
  • Laundry on lower level
  • Partially Finished Basement

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 891319276033

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,583

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Parcel Number: 891319276033
  • Year Built: 1957
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.408
  • Road Frontage Type: Paved Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-233-7000
  • MLS Status: Closed
  • Reso Fireplace Features: One, Living Room
  • Reso Interior Features: Sliding Glass Door
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 2448
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Oven, Cooktop, Dishwasher, Gas Water Heater
  • Basement: Block, Partially Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 700
  • BelowGradeArea: 836

Exterior Features

  • Construction Type: Aluminum Siding
  • Exterior Features: Deck, Patio

Garage/Parking

  • Parking Features: 3 or More Stalls, Attached Garage, 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: Orchard Hill Elementary
  • High School: Cedar Falls High
  • Middle Or Junior School: Peet Junior High

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 95x187
  • Lot Size Sq Ft: 17765
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 3583

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 17, 2022
Sold by
Schmitz Romy R and Schmitz Steve
Bought by
Schmitz Chelsea B and Schmitz Garrett S
Current Estimated Value
$260,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.33%
Mortgage Type
New Conventional
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
Schmitz Chelsea B $155,000 Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmitz Garrett S $144,000
Closed Schmitz Chelsea B $39,000
Previous Owner Schmitz Chelsea B $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Sold $155,000 0.0% $63 / Sq Ft
12/03/2022 12/03/22 Off Market $155,000 -- --
11/04/2022 11/04/22 Pending -- -- --
11/04/2022 11/04/22 For Sale $155,000 -- $63 / 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 $3,766 $234,020 $38,480 $195,540
2023 $3,540 $234,020 $38,480 $195,540
2022 $3,584 $191,800 $38,480 $153,320
2021 $3,428 $191,800 $38,480 $153,320
2020 $3,360 $184,100 $30,780 $153,320
2019 $3,360 $184,100 $30,780 $153,320
2018 $3,180 $184,100 $30,780 $153,320
2017 $3,254 $184,100 $30,780 $153,320
2016 $3,040 $184,100 $30,780 $153,320
2015 $3,040 $184,100 $30,780 $153,320
2014 $2,952 $177,130 $30,780 $146,350
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2023

    Sue Scarbrough,CRS

    Berkshire Hathaway Home Services One Realty Centre

    (319) 493-1487

    1 in this area

    11 Total Sales

    Sue Scarbrough,CRS
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20225161

Northeast Iowa Regional Board of REALTORS®

APN: 8913-19-276-033

Iowa Black Hawk County Cedar Falls 50613

5003 University Ave, Cedar Falls, IA

This home is located at 5003 University Ave, Cedar Falls, IA 50613 since 04 November 2022 and is currently estimated at $260,198, approximately $106 per square foot. This property was built in 1957. 5003 University Ave is a home located in Black Hawk County with nearby schools including Orchard Hill 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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