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2525 Valley Park Drive

2525 Valley Park Drive, Cedar Falls, IA 50613
Property in Black Hawk
Sold May 09, 2016
$118,000
$117,970 by Franklin American Mortgage Co
Mortgage Due Jun 01, 2046
Sold Jan 25, 2010
$120,000
$101,000
Mortgage Due Feb 01, 2040
Local assessors in Cedar Falls, IA have categorized 2525 Valley Park Drive as a residential type of property. The home was built in 1957 and is 67 years old. The property's lot size has been calculated to be 13,230 square feet. The linear feet between the front and back of the lot was measured at 2,100 ft and the front of the lot was measured at 630 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2525 Valley Park Drive has a total of 1,200 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a finished improved basement that is 1,032 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 528 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The building has a gable style roof that was made of asphalt. Lots of unknown were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2525 Valley Park Drive sold most recently in May 2, 2016 for a total of $118,000. If you work out the math, that's approximately a cost of $98.33 per sqft. Before that, the property was also sold for $120,000 in Jan 15, 2010. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,242 in taxes each year. 2525 Valley Park Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $217,190. If we break it down further, the land itself was valued at $28,220. Improvements to the property, however, were assessed at a total of $188,970. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Construction Type: Frame
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 1,032
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 13,230
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 630
  • Total Building Area: 1,200
  • Gross Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VALLEY PARK ADDITION
  • Land Acres: 0.304
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VALLEY PARK ADDITION LOT 50

Ownership

  • Current Owner : FOSTER PAUL
  • Previous Owner : EVANS ZACHARIAH ROBERT
  • Owner Before Previous Owner: DUFFE RONALD D
  • Owner Before Previous Owner 2: DUFFE DEBRA A

Neighborhood

  • School District Name: Cedar Falls Community School District
  • School Tax School District: CEDAR FALLS
  • Census Tract: 002301

Geography

  • Assessors Map Reference: PM 891413478011
  • District: 35
  • Parcel: 8914-13-478-011
  • Lot: 50
  • Meridian: SEC 13 TWN 89N RNG 14W
  • Municipality: CEDAR FALLS
  • Latitude: 42.514
  • Longitude: -92.4371

    Address

  • Full Address: 2525 Valley Park Dr
  • Address - House Number: 2525
  • Address - Street Name: Valley Park
  • Address - Suffix Type: Dr
  • State: IA
  • City Name: Cedar Falls
  • Carrier Code: C006
  • 4-Digit Zip Code: 5211
  • Zip Code: 50613

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,242

    Appraisal Valuation

  • Standard Deviation: 0.2261
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 68
  • Final Value: 223,798
  • High Value: 274,410
  • Low Value: 173,186

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $117,970
  • First Open Lien Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • First Open Lien Mortgage Recording Date: May 09, 2016
  • First Open Lien Mortgage Loan Amount: $117,970
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2046

    Market Valuation

  • Market Total Value: $217,190
  • Market Land Value: $28,220
  • Market Improvement Value: $188,970

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $217,190
  • Assessed Land Value: $28,220
  • Assessed Improvements Value: $188,970

    Sales

  • Current Sale Contract Date: May 02, 2016
  • Current Sale Recording Date: May 09, 2016
  • Current Sale Transaction ID: 1572691894
  • Current Sale Price: $118,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-00018821
  • Previous Sale Recording Date: Jan 25, 2010
  • Previous Sale Contract Date: Jan 15, 2010
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FRANKLIN AMERICAN MORTGAGE CO
  • First Mortgage Transaction Date: May 09, 2016
  • First Mortgage Loan Amount: $117,970
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2046

    Previous Mortgages

  • Previous Mortgage Transaction Date: Jan 25, 2010
  • Previous Mortgage Loan Amount: $101,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2040

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Frequently Asked Questions

What neighborhood is 2525 Valley Park Drive located in?
The 2525 Valley Park Drive is a located in the neighborhood of Black Hawk in Cedar Falls, Cedar Falls.
What is the average sales price for listings in 2525 Valley Park Drive?
The average sales price for units in 2525 Valley Park Drive is $0 currently.

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