$220,500
SOLD APR 24, 2025

718 Lilac Ln Cedar Falls, IA 50613

3 Beds
2 Baths
1,362 Sq Ft
7,800 Sq Ft Lot

Recently Sold

$162 Per Sq Ft

1% Above List Price

3 Days on Market

Highlights

  • 2 Car Detached Garage
  • Southdale Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of April 2025

Stunning 3-Bedroom Home with Modern Updates! As good in person as in the pictures, this beautifully updated 3-bedroom, 2-bath home is ready for you! The main floor is light and bright, showcasing a functional open floor plan with updated flooring that flows seamlessly throughout. The white woodwork, including new doors and an updated kitchen, complements the stunning quartz countertops, creating an inviting atmosphere. The gas stove is a cook's delight, perfect for preparing meals. You’ll also find 3 spacious bedrooms with a beautifully updated full bath. Head downstairs to enjoy a nice-sized family room, a second bath, and a bonus room loaded with potential. The unfinished portion offers so much storage, along with functional built-ins. Outside, you'll appreciate the backyard and 576 sq ft 2-stall garage. Conveniently located close to schools, shopping, and restaurants, this affordable, move-in-ready gem checks all the boxes! Don’t miss your chance to see this beautiful home. Schedule your showing today!

Last Agent to Sell the Property

Elke Gerdes

Structure Real Estate License #S59796000 Listed on: 03/25/2025

Last Buyer's Agent

Greg Schneider

Fischels Residential Group License #S69388

Fischels Residential Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,045

Year Built

  • Built in 1970

Lot Details

  • 7,800 Sq Ft Lot
  • Lot Dimensions are 65x120
  • Property is zoned R-2

Parking

  • 2 Car Detached Garage

Home Design

  • Concrete Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,362 Sq Ft Home
  • Sump Pump
  • Laundry on lower level

Kitchen

  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 891424277005

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,045

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Parcel Number: 891424277005
  • Year Built: 1970
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.18
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-260-2016
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1362
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave Built In, Sump Pump, Refrigerator, Gas Water Heater
  • Basement: Concrete
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 450
  • BelowGradeArea: 912

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

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

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 65x120
  • Lot Size Sq Ft: 7800
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 3045.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2025
Closed on
Apr 23, 2025
Sold by
Watkins Bradley R and Watkins Andrea Eslick
Bought by
Johnson Trevor
Seller's Agent
Elke Gerdes
Structure Real Estate
Buyer's Agent
Greg Schneider
Fischels Residential Group
List Price
$218,000
Sold Price
$220,500
Premium/Discount to List
$2,500
1.15%
Views
32
Current Estimated Value
$220,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198
Avg. Annual Appreciation
0.13%
Original Mortgage
$209,475
Outstanding Balance
$208,549
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$12,149
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 $220,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $209,475 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2025 04/24/25 Sold $220,500 +1.1% $162 / Sq Ft
03/28/2025 03/28/25 Pending -- -- --
03/25/2025 03/25/25 For Sale $218,000 -- $160 / 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
2025 $2,970 $197,400 $27,790 $169,610
2024 $2,970 $194,790 $27,790 $167,000
2023 $2,716 $194,790 $27,790 $167,000
2022 $2,746 $155,950 $27,790 $128,160
2021 $2,572 $155,950 $27,790 $128,160
2020 $2,516 $146,690 $18,530 $128,160
2019 $2,516 $146,690 $18,530 $128,160
2018 $2,408 $138,980 $18,530 $120,450
2017 $2,282 $138,980 $18,530 $120,450
2016 $2,132 $129,340 $18,530 $110,810
2015 $2,132 $129,340 $18,530 $110,810
2014 $2,156 $129,340 $18,530 $110,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20251229

Northeast Iowa Regional Board of REALTORS®

APN: 8914-24-277-005