Seller's Agent in 2019
Ann Lyons
Oakridge Real Estate
(319) 269-1384
55 in this area
97 Total Sales
5502 Red Oak Ln Cedar Falls, IA 50613
Estimated Value: $585,000 - $634,000
5
Beds
4.5
Baths
3,661
Sq Ft
$166/Sq Ft
Est. Value
Highlights
- Deck
- Wood Flooring
- 3 Car Attached Garage
- Bess Streeter Aldrich Elementary School Rated A
- Granite Countertops
- Patio
About This Home
As of December 2019Warm and inviting! Located in the Arbors, this custom built two story home has over 3,500 finished square feet. The main level offers an open concept floor plan. Gorgeous hand scraped hardwood floors fill the main floor. Beams of light enter through the numerous windows. Two rooms at the front of the house are versatile could be used as an office, den, or music room or play room! The living room is anchored by a gas fireplace with stone accents. The kitchen has stainless steel appliances, granite countertops and abundant cabinetry. The dining area boasts of natural light and has access to the deck. A half bath is located off the kitchen for convenience. The master suite is large with great natural light, soaker tub, tiled shower, double sinks, and walk in closet. Two bedrooms share a Jack and Jill bathroom. Finishing the upper level is the fourth bedroom with an en-suite bathroom. The walkout lower level features a generous sized family room, workout room, fifth bedroom and a full bathroom. It makes for great guest quarters. Plus, there is still plenty of room for storage! All this in a great location- the new elementary school is within walking distance. Call to see this beauty today!
Last Agent to Sell the Property
Oakridge Real Estate License #S55812 Listed on: 11/08/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,874
Year Built
- Built in 2017
Lot Details
- 0.32 Acre Lot
- Lot Dimensions are 63x137x132
- Landscaped
HOA Fees
- $8 Monthly HOA Fees
Parking
- 3 Car Attached Garage
Home Design
- Concrete Foundation
- Shingle Roof
- Asphalt Roof
- Stone Siding
- Vinyl Siding
Interior Spaces
- 3,661 Sq Ft Home
- Ceiling Fan
- Gas Fireplace
- Living Room with Fireplace
- Wood Flooring
- Fire and Smoke Detector
Kitchen
- Built-In Microwave
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
Laundry
- Laundry Room
- Laundry on upper level
Partially Finished Basement
- Walk-Out Basement
- Sump Pump
Outdoor Features
- Deck
- Patio
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
Community Details
- Built by Skogman Homes
- The Arbors Subdivision
Listing and Financial Details
- Assessor Parcel Number 891427427008
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2018
Closed on
Nov 27, 2019
Sold by
Peckham Matt and Wittrock Jill
Bought by
Obe Olajide T and Obe Alonge
Seller's Agent
Ann Lyons
Oakridge Real Estate
List Price
$449,900
Sold Price
$405,000
Premium/Discount to List
-$44,900
-9.98%
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
$201,217
Avg. Annual Appreciation
7.19%
Original Mortgage
$324,000
Outstanding Balance
$224,889
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$380,381
Purchase Details
Closed on
Dec 16, 2016
Sold by
Midwest Development Company
Bought by
Wittrock Jill and Peckham Matt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,870
Interest Rate
4.15%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Obe Olajide T | $405,000 | None Available | |
| Wittrock Jill | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Obe Olajide T | $324,000 | |
| Previous Owner | Wittrock Jill | $381,870 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/04/2019 12/04/19 | Sold | $405,000 | -7.9% | $111 / Sq Ft |
| 10/26/2019 10/26/19 | Pending | -- | -- | -- |
| 09/04/2019 09/04/19 | Price Changed | $439,900 | -2.2% | $120 / Sq Ft |
| 11/08/2018 11/08/18 | For Sale | $449,900 | -5.7% | $123 / Sq Ft |
| 03/17/2017 03/17/17 | Sold | $477,338 | +18.3% | $169 / Sq Ft |
| 09/26/2016 09/26/16 | Pending | -- | -- | -- |
| 09/26/2016 09/26/16 | For Sale | $403,612 | -- | $143 / 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 | $8,324 | $527,470 | $68,640 | $458,830 |
| 2023 | $8,092 | $527,470 | $68,640 | $458,830 |
| 2022 | $8,188 | $447,250 | $68,640 | $378,610 |
| 2021 | $7,952 | $447,250 | $68,640 | $378,610 |
| 2020 | $7,952 | $435,660 | $62,210 | $373,450 |
| 2019 | $7,952 | $435,660 | $62,210 | $373,450 |
| 2018 | $4,712 | $406,940 | $62,210 | $344,730 |
| 2017 | $4,712 | $263,750 | $62,210 | $201,540 |
Source: Public Records
Agents Affiliated with this Home
-
Ann Lyons
-
Jennie Plummer
Seller's Agent in 2017
Jennie Plummer
Oakridge Real Estate
(319) 240-2777
74 in this area
81 Total Sales
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20185922
APN: 8914-27-427-008
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