NOT LISTED FOR SALE

848 Clay St Unit 2 Cedar Falls, IA 50613

Estimated Value: $365,000 - $428,167

2 Beds
2.5 Baths
1,478 Sq Ft
$267/Sq Ft Est. Value

Last Sold May 28, 2024

Last sale price $399,000 $270 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,694/month

41 Days on Market

Highlights

  • Attic Fan
  • Holmes Junior High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of May 2024

Get in line to reserve your cottage today (6 available)! These one-of-a-kind homes will be uniquely situated in the first urban pocket-neighborhood developed in Iowa. The story-and-a-half cottages feature main level living room, kitchen and half bath. The entire upstairs is comprised of an owners en-suite. The basement is laid out for a bedroom with egress window, bathroom and family room. You will find high-quality materials on the inside and out! LP siding, Andersen windows, Trex decking and lots of landscaping! Owner/Developer is a licensed agent in Iowa

Last Agent to Sell the Property

Brian Wingert

Structure Real Estate License #S60468000 Listed on: 05/14/2023

Last Buyer's Agent

Tracy Mudd

Vine Valley Real Estate License #S6556600

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,889

Year Built

  • Built in 2023

Lot Details

  • 0.59 Acre Lot
  • Property is zoned CDDT

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Hardboard

Interior Spaces

  • 1,478 Sq Ft Home
  • Attic Fan
  • Laundry on upper level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Lincoln Elementary Cf
  • Holmes Junior High
  • Cedar Falls High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Built by Rising Tide Development

Listing and Financial Details

  • Assessor Parcel Number 891412378010

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,889

Year Built

Built in 2023

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Parcel Number: 891412378010
  • Year Built: 2023
  • Property Sub-Type: Single Family Residence
  • ResoLaundryFeatures: 2nd Floor, Laundry Closet
  • Lot Size Acres: 0.59
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-260-2016
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1478
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 450
  • BelowGradeArea: 664

Exterior Features

  • Construction Type: Brk Accent, Hardboard Siding

Garage/Parking

  • Parking Features: 2 Stall

Utilities

  • Cooling: Attic Fan, Central Air
  • Heating: Electric, Forced Air
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee: 175
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Lincoln Elementary CF
  • High School: Cedar Falls High
  • Middle Or Junior School: Holmes Junior High

Lot Info

  • Zoning: CDDT
  • Lot Dimensions: common
  • Additional Parcels: No

Building Info

  • Builder Name: Rising Tide Development

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2023
Closed on
Jul 1, 2024
Sold by
Bjw Holdings Llc
Bought by
Airjb Llc
Seller's Agent
Brian Wingert
Structure Real Estate
Buyer's Agent
Tracy Mudd
Vine Valley Real Estate
List Price
$399,000
Sold Price
$399,000
Views
246
Current Estimated Value
$394,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,958
Avg. Annual Appreciation
-1.17%
Original Mortgage
$347,650
Outstanding Balance
$344,994
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving
Estimated Equity
$49,048

Purchase Details

Listed on
May 14, 2023
Closed on
May 28, 2024
Sold by
Bjw Holdings Llc
Bought by
Shannon Gregory E and Shimpach Shannon Sharon
Seller's Agent
Brian Wingert
Structure Real Estate
Buyer's Agent
Tracy Mudd
Vine Valley Real Estate
List Price
$399,000
Sold Price
$399,000
Views
246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,650
Outstanding Balance
$344,994
Interest Rate
6.94%
Mortgage Type
Credit Line Revolving
Estimated Equity
$49,048
Source: Public Records

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Range of Values:

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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
Airjb Llc $409,000 None Listed On Document
Shannon Gregory E $399,000 Black Hawk County Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Airjb Llc $347,650
Closed Shannon Gregory E $319,200
Previous Owner Bjw Holdings Llc $600,000
Previous Owner Bjw Holdings Llc $3,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2024 05/28/24 Sold $399,000 0.0% $270 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
05/14/2023 05/14/23 For Sale $399,000 -- $270 / 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 $3,889 $310,750 $258,750 $52,000
2023 $7,735 $194,060 $194,060 $0
2022 $7,165 $306,520 $74,250 $232,270
2021 $6,791 $306,520 $74,250 $232,270
2020 $9,431 $306,510 $74,240 $232,270
2019 $18,284 $306,510 $74,240 $232,270
2018 $0 $306,510 $74,240 $232,270
2017 $0 $306,510 $74,240 $232,270
2016 $0 $306,510 $74,240 $232,270
2015 $0 $1,058,350 $36,300 $1,022,050
2014 -- $1,058,350 $36,300 $1,022,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20231833

Northeast Iowa Regional Board of REALTORS®

APN: 8914-12-378-010