NOT LISTED FOR SALE

5331 Fernwood Dr Cedar Falls, IA 50613

Estimated Value: $348,284 - $431,000

3 Beds
2.5 Baths
1,988 Sq Ft
$8/mo HOA Fee

Last Sold November 18, 2022

Last sale price $403,719 $203 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,439/month

Highlights

  • Deck
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Bess Streeter Aldrich Elementary School Rated A
  • Landscaped

About This Home

As of November 2022

Introducing one of our newest plans, the Harrison. This is a 3 bed, 2.5 bath, 2 story twin home. Main floor includes a spacious kitchen with an island perfect for entertaining. There is also a 1/2 bath with modern console vanity. Upstairs includes a master suite along with 2 additional bedrooms and a full bath. Laundry is also on the 2nd floor for convenience. You will also love the transom window in the upstairs hall that floods that space with natural light. *Price subject to change with additional selections*

Last Agent to Sell the Property

Jennie Plummer

Oakridge Real Estate License #S58524 Listed on: 07/06/2022

Oakridge Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,374

Year Built

  • Built in 2022

Lot Details

  • 5,227

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • 1,988 Sq Ft Home
  • Partially Finished Basement
  • Sump Pump
  • Laundry on upper level

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

Schools

  • Aldrich 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

  • Deck
  • Landscaped

Listing and Financial Details

  • Assessor Parcel Number 891427401008

Community Details

Overview

  • Built by Skogman Homes
  • The Arbors Subdivision

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,374

Year Built

Built in 2022

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Parcel Number: 891427401008
  • Year Built: 2022
  • Property Sub-Type: Condominium
  • PropertyType: Residential
  • ResoLaundryFeatures: 2nd Floor, Laundry Closet
  • Lot Size Acres: 0.12
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Subdivision Name: The Arbors
  • Reso Fireplace Features: None
  • Reso Interior Features: Air Exchanger System, Sliding Glass Door
  • Reso Roof: Shingle
  • TotalFinishedSquareFootage: 1988
  • Special Features: NewHome
  • Property Sub Type: Condos

Interior Features

  • Appliances: Smoke Detector, Dishwasher, Disposal, MicroHood, Free-Standing Range, Sump Pump, Gas Water Heater
  • Basement: Partially Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 432
  • BelowGradeArea: 660

Exterior Features

  • Construction Type: Stone, Vinyl Siding
  • Exterior Features: Deck, Landscaping

Garage/Parking

  • Parking Features: 2 Stall, Attached Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 100
  • Association Fee Frequency: Annually

Schools

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

Lot Info

  • Zoning: R-P
  • Lot Dimensions: 37x140x38
  • Lot Size Sq Ft: 5250
  • Additional Parcels: No

Building Info

  • Builder Name: Skogman Homes

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 20, 2025
Sold by
Midwest Development Co
Bought by
Cheng Zheng
Current Estimated Value
$389,821

Purchase Details

Closed on
Jan 13, 2025
Sold by
Lynch John W and Lynch Amy R
Bought by
Fifthgen Rentals Llc

Purchase Details

Closed on
Sep 7, 2022
Sold by
Midwest Development Co
Bought by
Lynch John W and Lynch Amy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,700
Interest Rate
5.66%
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
Cheng Zheng $710,500 Title Services Corporation
Fifthgen Rentals Llc -- None Listed On Document
Lynch John W $404,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lynch John W $362,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $403,719 +10.3% $203 / Sq Ft
07/06/2022 07/06/22 Pending -- -- --
07/06/2022 07/06/22 For Sale $366,158 -- $184 / 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 $4,374 $282,000 $29,870 $252,130
2023 $100 $282,000 $29,870 $252,130
2022 $4 $5,390 $5,390 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20223199

Northeast Iowa Regional Board of REALTORS®

APN: 8914-27-401-008