$540,000
SOLD SEP 30, 2022

4000 Fay Rd Center Point, IA 52213

4 Beds
3 Baths
2,747 Sq Ft
4.38 Acres

Recently Sold

$197 Per Sq Ft

2% Below List Price

19 Days on Market

Highlights

  • Spa
  • Deck
  • Main Floor Primary Bedroom
  • Center Point-Urbana Middle School Rated A-
  • Wooded Lot
  • Great Room

About This Home

As of May 2025

Gorgeous acreage just minutes from Cedar Rapids! Extremely hard to find just under 5 acres. Large home is perfect for the person that works from home or wants the convenience of close to town but, living in the country. Quartz counter tops, new roof, large barn with 5 classic equine horse stalls, the other half is a shop with concrete floors perfect for the craftsman or car person, 3 beautiful pastures and mature trees make up this beautiful property. The basement is a walk out with the ability to add addition square footage. There is an amazing great room that is attached to a deck with a built-in hot tub. 2 separate driveways for added appeal. Fall in love with this spacious home!

Last Agent to Sell the Property

Pattie Fox

Realty87 Listed on: 07/27/2022

Realty87

Last Buyer's Agent

Pattie Fox

Realty87 Listed on: 07/27/2022

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,030

Year Built

  • 1993

Lot Details

  • 4.38 Acre Lot
  • Electric Fence
  • Wooded Lot

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1.5-Story Property
  • Great Room
  • Family Room
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Deck
  • Outbuilding

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,030

Year Built

1993

Lot Details

0

Listing Details

  • Style: 1.5 Story
  • Acres: 4.3800
  • Above Grade Finished Sq Ft: 2572
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Total Bedrooms: 4
  • City Name: Center Point
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Kitchen/Dining Combo
  • Gross Tax: 5030
  • List User Cell Phone: 319-573-0547
  • Low Lvl Fin Sq Ft: 175
  • Miscellaneous: Deck, Electric Fence, Fencing, Hot Tub, Outbuildings, Security System
  • Net Tax: 4886
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98182
  • Ratio Close Price By Original Li: 0.98182
  • Ratio Current Price By Sq Ft: 209.95
  • Total Sq Ft: 2747
  • Water Sewer Roads: Septic System, Well Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Appliances Included: Dishwasher, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, Great Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 2
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Walk Out, Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, 4 Or More Cars
  • Garage Size: 2stall

Utilities

  • Heating Cooling: Central Air, Lp Heat

Schools

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

Lot Info

  • Lot Size: 190,793

Rental Info

  • Pets: Pets Allowed

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: 2206408

Cedar Rapids Area Association of REALTORS®

APN: 05154-01001-00000