$650,000
SOLD MAY 5, 2025

4000 Fay Rd Center Point, IA 52213

4 Beds
3 Baths
2,747 Sq Ft
4.38 Acres

Recently Sold

$237 Per Sq Ft

4% Below List Price

21 Days on Market

Highlights

  • Spa
  • Deck
  • Patio
  • Center Point-Urbana Middle School Rated A-
  • 2 Car Garage
  • Central Air

About This Home

As of May 2025

Nestled on nearly 5 acres along a hard surface road between Center Point and Cedar Rapids, this impeccably maintained property is a true standout. Boasting exceptional curb appeal, the charming four-bedroom home offers a warm and inviting atmosphere. The main level features a spacious, updated family room with a freestanding fireplace, large deck off family room with a hot tub, a large eat-in kitchen with ample space for gathering, and a serene primary suite. Upstairs, two generous bedrooms overlook the great room, adding to the home’s open and airy feel. The attached two-stall garage provides convenience, while the basement includes an additional bathroom, office space, and plenty of potential for expansion. Step outside to take in the breathtaking pastures framed by white vinyl fencing, leading to a stunning barn with five horse stalls and an attached shop. This picturesque retreat combines the best of country living with easy access to town, offering privacy, beauty, and the perfect setup for homesteading enthusiasts or anyone looking for a peaceful rural escape.

Last Agent to Sell the Property

Pattie Fox

Realty87 Listed on: 02/28/2025

Realty87

Last Buyer's Agent

Brooke Heins

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,486

Year Built

  • Built in 1993

Lot Details

  • 4.38 Acre Lot
  • Fenced

Parking

  • 2 Car Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 1.5-Story Property
  • Free Standing Fireplace
  • Great Room with Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Deck
  • Patio

Schools

  • Centerpt/Urbana Elementary And Middle School
  • Centerpt/Urbana High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Well
  • Gas Water Heater

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 051540100100000

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,486

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 4.38
  • NAV29_Unit_1_Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Co List Office Phone: 319-364-8121
  • MLS Status: Closed
  • Directions: N Center Point Rd to Fay Rd
  • Above Grade Finished Sq Ft: 2572.0
  • Architectural Style: One and One Half Story
  • Unit Levels: One and One Half
  • New Construction: No
  • Year Built: 1993
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Concrete
  • Basement: Yes
  • Fireplace Features: Free Standing, Great Room
  • Spa Features: Hot Tub
  • Private Spa: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 175.0
  • Fireplace: Yes

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Exterior Features: Fence
  • Foundation Details: Poured
  • Patio And Porch Features: Deck, Patio

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Detached, Four or more Spaces, Garage, Heated Garage, Garage Door Opener

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas
  • HeatingYN: Yes
  • Water Source: Well

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: CenterPt/Urbana
  • High School: CenterPt/Urbana
  • Middle Or Junior School: CenterPt/Urbana

Lot Info

  • Lot Dimensions: 4.38 Acre
  • ResoLotSizeUnits: Acres
  • Parcel Number: 051540100100000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6486.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2025
Closed on
Apr 26, 2025
Sold by
Elwer Jeffrey M and Elwer Janet L
Bought by
Kern Anna and Kern Kenneth
Seller's Agent
Pattie Fox
Realty87
Buyer's Agent
Brooke Heins
Realty87
List Price
$675,000
Sold Price
$650,000
Premium/Discount to List
-$25,000
-3.7%
Views
52

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.01%
Original Mortgage
$200,000
Outstanding Balance
$199,825
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$469,039

Purchase Details

Listed on
Jul 27, 2022
Closed on
Sep 30, 2022
Sold by
Ulrich Thomas R and Ulrich Robina S
Bought by
Elwer Jeffrey M and Elwer Janet L
Seller's Agent
Pattie Fox
Realty87
Buyer's Agent
Pattie Fox
Realty87
List Price
$550,000
Sold Price
$540,000
Premium/Discount to List
-$10,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$432,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2002
Sold by
Yeisley James E and Yeisley Helen F
Bought by
Ulrich Thomas R and Ulrich Robina S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.23%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $650,000 None Listed On Document
Warranty Deed $650,000 None Listed On Document
Warranty Deed $540,000 --
Warranty Deed $244,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 New Conventional
Closed $200,000 New Conventional
Previous Owner $432,000 New Conventional
Previous Owner $50,000 Future Advance Clause Open End Mortgage
Previous Owner $207,000 New Conventional
Previous Owner $13,100 Future Advance Clause Open End Mortgage
Previous Owner $212,400 New Conventional
Previous Owner $58,600 Credit Line Revolving
Previous Owner $35,000 Credit Line Revolving
Previous Owner $196,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 Sold $650,000 -3.7% $237 / Sq Ft
03/21/2025 03/21/25 Pending -- -- --
02/28/2025 02/28/25 For Sale $675,000 +25.0% $246 / Sq Ft
09/30/2022 09/30/22 Sold $540,000 -1.8% $197 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $550,000 -- $200 / Sq Ft
Source: Cedar Rapids Area Association 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
2023 $5,266 $487,800 $85,000 $402,800
2022 $5,198 $338,600 $85,000 $253,600
2021 $4,886 $338,600 $85,000 $253,600
2020 $4,886 $302,300 $51,900 $250,400
2019 $4,682 $289,000 $51,900 $237,100
2018 $4,574 $289,000 $51,900 $237,100
2017 $4,592 $282,200 $51,900 $230,300
2016 $4,592 $282,200 $51,900 $230,300
2015 $4,561 $282,200 $51,900 $230,300
2014 $4,420 $269,000 $51,900 $217,100
2013 $4,098 $269,000 $51,900 $217,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2501301

Cedar Rapids Area Association of REALTORS®

APN: 05154-01001-00000