$440,000
SOLD MAY 5, 2025

5517 Applewood Ln Cedar Falls, IA 50613

3 Beds
2.5 Baths
3,045 Sq Ft
0.25 Acres

Recently Sold

$144 Per Sq Ft

3 Days on Market

Highlights

  • Deck
  • 3 Car Attached Garage
  • French Doors
  • Bess Streeter Aldrich Elementary School Rated A
  • Laundry Room
  • Central Air

About This Home

As of May 2025

This one-owner, custom built ranch home has been meticulously maintained and cared for. You'll notice its quality of design and curb appeal instantly upon arriving!  Beautiful landscaping welcomes you to the home, and the front porch makes the perfect place to sit and wave at your Meadows neighbors on evening walks. Step inside the home, and you'll love the vaulted ceilings and all the space the main floor has to offer!  A large living area leads to an open kitchen & dining room. The kitchen offers plentiful counter space and storage with its moveable island and roll-out cabinet drawers.  Beyond the spacious dining area, you'll adore the sunroom that overlooks the expansive deck and beautiful backyard views.  The massive primary suite houses a large bath with dual sinks, jetted soaking tub, plentiful storage, and a walk-in closet.  Also on the main, you'll find a pantry, laundry room with storage, and a guest bath.  The lower level of the home boasts a second large living area with a gas fireplace, theater set-up, and plenty of room for fun!   You'll also find two more generous bedrooms and a full bath on this level, along with plentiful storage/workshop space.  The massive 3-stall garage is an eye-catcher, with its epoxy floors, extra storage space, 2 exterior doors, and 5-panel garage doors- so your trucks and SUVs fit like a dream.  Outside, you'll love the privacy of the backyard, professional landscaping, well-manicured lawn, and the firepit that makes the perfect place to enjoy amazing sunset views!  This home has so much to offer- 2x6 walls, extra insulation for efficiency, downspouts all buried, hardwired motion lights, wired for CAT 5, hip roof, 36-in doorways, exterior Christmas lights, garden boxes, and more! With its amazingly peaceful backyard and proximity to Aldrich Elementary and shopping, this home is one you don't want to miss! Schedule your showing today!

Last Agent to Sell the Property

Luke Bartlett

Oakridge Real Estate License #S6323300 Listed on: 02/28/2025

Oakridge Real Estate

Co-Listed By

Rebecca Bartlett

Oakridge Real Estate License #S6361300

Last Buyer's Agent

Ashley Backes

Backes Real Estate License #S6403300

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,247

Year Built

  • Built in 2006

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 78x140
  • Property is zoned R-3

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Concrete Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,045 Sq Ft Home
  • Gas Fireplace
  • French Doors
  • Family Room with Fireplace

Kitchen

  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level

Finished Basement

  • Interior Basement Entry
  • Sump Pump

Parking

  • 3 Car Attached Garage
  • Workshop in Garage

Outdoor Features

  • Deck

Schools

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

Utilities

  • Central Air
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 891426301015

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,247

Year Built

Built in 2006

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Parcel Number: 891426301015
  • Year Built: 2006
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor, Laundry Room
  • ResoLotFeatures: Landscaped
  • Lot Size Acres: 0.25
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Mls Id: NBR49
  • Co List Office Phone: 319-277-5005
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Reso Fireplace Features: One, Gas, Family Room
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 3045
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave Built In, Sump Pump, Gas Water Heater
  • Basement: Concrete, Entrance-Inside, Finished
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1500
  • Door Features: French Doors
  • BelowGradeArea: 1545

Exterior Features

  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: 3 or More Stalls, Attached Garage, Oversized, Workshop in Garage

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

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-3
  • Lot Dimensions: 78x140
  • Lot Size Sq Ft: 10920
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 5247

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2025
Closed on
May 1, 2025
Sold by
Wood Ricky L and Wood Deborah L
Bought by
Smith Matthew and Smith Ellie Ruth
Seller's Agent
Luke Bartlett
Oakridge Real Estate
Buyer's Agent
Ashley Backes
Backes Real Estate
List Price
$440,000
Sold Price
$440,000
Views
16
Current Estimated Value
$427,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,595
Avg. Annual Appreciation
-7.00%
Original Mortgage
$240,000
Outstanding Balance
$238,061
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$189,344
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 Type Sale Price Title Company
Warranty Deed $440,000 Abstract Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $240,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Sold $440,000 0.0% $144 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
02/28/2025 02/28/25 For Sale $440,000 -- $144 / 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 $5,128 $342,620 $48,750 $293,870
2023 $5,140 $342,620 $48,750 $293,870
2022 $5,200 $287,310 $48,750 $238,560
2021 $4,640 $287,310 $48,750 $238,560
2020 $4,546 $257,820 $40,950 $216,870
2019 $4,546 $257,820 $40,950 $216,870
2018 $4,604 $257,820 $40,950 $216,870
2017 $4,706 $257,820 $40,950 $216,870
2016 $4,402 $257,820 $40,950 $216,870
2015 $4,402 $257,820 $40,950 $216,870
2014 $4,452 $257,820 $40,950 $216,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20250777

Northeast Iowa Regional Board of REALTORS®

APN: 8914-26-301-015