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3023 Wellington Dr, Cedar Falls, IA, 50613

5beds
3baths
4,302sqft
$599,900
$139price/sqft
$4,610/moest. monthly cost
$184,400/yrincome needed

About This Home

Welcome to this exceptional brick-front home perfectly positioned on a prominent corner lot in the highly sought-after Lexington Heights neighborhood of Cedar Falls. Offering 5 bedrooms and 3.5 baths, this residence delivers impressive space, quality, and livability. Step inside to a grand, light-filled entry that opens to formal living and dining spaces enhanced by luxurious heated flooring on the main level; an upgrade you’ll appreciate. The heart of the home is the well-appointed kitchen featuring granite countertops, abundant cabinetry, updated appliances, and a spacious center island, all flowing seamlessly into a bright breakfast nook surrounded by windows. Just off the kitchen, the inviting family room showcases custom built-ins and provides an ideal gathering space. The main-level primary suite serves as a private retreat with its own gas fireplace, dual vanity, jetted tub, tiled shower, and walk-in closet. A main-floor laundry and half bath add everyday practicality. Upstairs, you’ll find three generously sized bedrooms with excellent closet space plus a versatile bonus living area. The finished lower level is built for entertaining with an additional bedroom, full bath, and a large rec space featuring a built-in drop screen and integrated speakers; perfect for movie nights or game days. The mechanical room also offers a large storage area for added convenience. Outside, enjoy the beautifully designed patio with gas fire pit, ideal for relaxing or hosting. The attached three-stall garage is heated, adding extra versatility and comfort.

Getting Around

6
WalkingCar-Dependent
0
TransitNo Nearby Transit
40
BikeSomewhat Bikeable

Schools

9/10
7/10
Cedar Falls High SchoolGrades 10-121.1 mi

Construction

Condition

  • Year built: 2000

Materials

  • Roof: Shingle,Asphalt
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Microwave,Refrigerator,Solar Hot Water

Basement

  • Has basement: Yes
  • Basement: Concrete,Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • 1/2 bathrooms: 1

Features

  • Granite Counters
  • Window features: Skylight(s)
  • Fireplace features: Multiple,Gas
  • Fireplace: Yes
  • Finished area below ground: 905

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 4,302 sqft

Other

  • Level: Upper

Other

  • Level: Main

Other

  • Level: Lower

Property

Details

  • Parcel number: 891415201027
  • Zoning: R-1
  • Special condition: Standard

Features

  • Patio & porch: Deck

Lot

  • Lot size: 0.61 Acres
  • Features: Landscaped,Corner Lot
  • Lot size dimensions: 157.00 x 170.00

Parking

  • Total spaces: 3
  • Parking features: 3 or More Stalls
  • Covered spaces: 3
  • Carport spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Tornado
Winter Weather
Cold Wave
Drought
Hail
Ice Storm
Lightning

FEMA Declared Disasters Across Iowa Counties

Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,033$36,396
Home Insurance *$387$4,644
Property Taxes $870$10,440
Electricity $320$3,850
Total$4,610$55,320
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$158,057/yr
40% on housing$138,300/yr
45% on housing$122,933/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.2%
13.2%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.2%
-1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$139This listing

vs Other Active Listings

Avg $/sqft

ZIP 50613$182
Black Hawk County$138

vs Homes Sold Last Month

Median $/sqft

ZIP 50613$143
Black Hawk County$123

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-21Price change$605,000
2026-03-25Price change$607,000
2026-02-27Listed for sale$617,500
2022-01-05Sold$500,000
2021-11-22Pending sale$499,900
2021-11-02Listed for sale$499,900
2017-03-28Listing removed$429,900
2016-11-05Price change$429,900
2016-09-28Listed for sale$439,900

For Sale by Agent

AgentEmsad Begic
BrokerageVine Valley Real Estate

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