$450,000
SOLD FEB 20, 2025

504 Fairway Place Fairfield, IA 52556

4 Beds
4 Baths
3,939 Sq Ft
0.36 Acres

Recently Sold

$114 Per Sq Ft

17% Below List Price

562 Days on Market

Highlights

  • 0.36 Acre Lot
  • Radiant Floor
  • Sun or Florida Room
  • Deck
  • 1 Fireplace
  • Porch

About This Home

As of February 2025

BE SURE TO VIEW THE VIDEO! Welcome to your dream home nestled along the picturesque greens of a golf course offering a rare opportunity to own one of only ten homes with direct course frontage. This elegant brick home boasts a wealth of luxurious features & amenities. Relax/entertain in the magnificent Great Room w/ windows, cozy fireplace, & built-ins. Adjacent is the spacious Kitchen which is a chef's delight showcasing Quartz counters, stainless appliances (Double oven, refrigerator, double-drawer dishwasher, microwave, veg sink/island) making meal preparation a true pleasure & includes an add'l dining area as well as a French door to the covered composite deck. You will spend hours in the 24'x16' enclosed porch area w/vaulted ceilings, heated tile floors & floor-to-ceiling windows creating a comfortable & inviting atmosphere year-round.. Add'l living room, formal dining, office w/built-in shelves & covered veranda, 3/4 bath, & large laundry room w/cabinetry & sink. Large front entry w/closets leads up to the 2nd level. Hardwood floors, primary bedrm w/private full bath, 3 add'l bedrms, & hall bath. Lower recreation area, 3/4 bath, & storage. Three-car attached garage, large parking apron, covered front porch & a multi-level deck along the back. Also, a 50 amp service in the driveway for your RV! Many more features & amenities.

Last Agent to Sell the Property

Tammy Dunbar

Fairfield Real Estate Listed on: 08/08/2023

Fairfield Real Estate

Last Buyer's Agent

Tammy Dunbar

Fairfield Real Estate Listed on: 08/08/2023

Fairfield Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,922

Year Built

  • Built in 1965

Lot Details

  • 0.36 Acre Lot
  • Few Trees

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • French Doors
  • Family Room
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Built-In Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Tuck Under Garage

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Boiler Heating System

Listing and Financial Details

  • Homestead Exemption

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,922

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Accessible: None
  • Construction Status: Previously Owned
  • Legal Description: UNIV HGHTS PLAT II LT 37
  • Municipality: Fairfield
  • Year Built: 1965
  • Property Includes: 50 amp outlet in driveway for RV
  • OFFICELIST_ADDRESS: 504 Fairway Place
  • Distribute To Internet: Yes
  • LANDLEASE: No
  • List Office I D: 708
  • Sales Office I D: 708
  • Selling Agent: 3822
  • Street Designation: Place
  • Building Style: 2 Story
  • Bedroom 1 Level: Upper
  • Family Room Characteristics: 2 or More
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Range, Wall Oven, Microwave, Exhaust Fan/Hood, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Living Area Units: Square Feet
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces: 1
  • Bedrooms: 4
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: (4th) Bedroom
  • Bathroom Description: Main Floor 3/4 Bath, Upper Level Full Bath, Full Master, 3/4 Basement
  • Total Bathrooms: 4
  • Basement: Full
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Kitchen Level: Main
  • Living Room: Living Room
  • Room 1: Sun Room
  • Main Floor Sq Ft: 2279
  • Price Per S Q F T: 114.24
  • Above Grade Finished Sq Ft: 3939
  • Above Grade Finished Sq Ft: 3939
  • Below Grade Finished Sq Ft: 600
  • Below Grade Total Sq Ft: 2279
  • Fireplace Chars: Living Room
  • Fireplace: Yes
  • Total Finished Sq Ft: 3939
  • Three Quarter Bathrooms: 3
  • Bedroom 2 Level: Upper
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Dining Room Level: Main
  • Extra Room1 Level: Main
  • Family Room Level: Lower
  • Living Room Level: Main

Exterior Features

  • Exterior: Wood, Brick/Stone
  • Foundation Size: 2279
  • Road Frontage: City Street
  • Roof: Asphalt Shingles

Garage/Parking

  • Description: Attached Garage, Tuckunder Garage, Driveway - Concrete
  • Fuel: Natural Gas, Electric

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 3
  • Heating: Forced Air, In-Floor Heating, Boiler
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected
  • Electric: Circuit Breakers

Condo/Co-op/Association

  • Amenities: Deck, Porch, Hardwood Floors, Tiled Floors, French Doors

Association/Amenities

  • Complex/Development/Subdivision: UNIVERSITY HEIGHTS PLAT 2

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 0.36
  • Geo Update Timestamp: 2023-08-09
  • Assessment Pending: No
  • Homestead Description: Owner
  • Lot Description: Tree Coverage - Medium
  • Lot Dimensions: 0.36 acres m/l
  • Lot Size Sq Ft: 15682
  • Lot Size Units: Acres
  • Zoning: Residential-Single Family

Rental Info

  • Rental License: No

Tax Info

  • Tax Year: 2023
  • Gross Taxes: 8922
  • Net Taxes: 8922

MLS Schools

  • School District: 2169 - Fairfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2023
Closed on
Feb 20, 2025
Sold by
Cochran Terry W and Cochran Sarah W
Bought by
Dorman Rachel K and Dorman Shawn B
Seller's Agent
Tammy Dunbar
Fairfield Real Estate
Buyer's Agent
Tammy Dunbar
Fairfield Real Estate
List Price
$545,000
Sold Price
$450,000
Premium/Discount to List
-$95,000
-17.43%
Views
532
Current Estimated Value
$495,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,137
Avg. Annual Appreciation
10.24%
Original Mortgage
$360,000
Outstanding Balance
$357,685
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$129,291
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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 $450,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2025 11/17/25 Pending -- -- --
02/20/2025 02/20/25 Sold $450,000 -8.0% $114 / Sq Ft
09/18/2024 09/18/24 Price Changed $489,000 -4.9% $124 / Sq Ft
07/10/2024 07/10/24 Price Changed $514,000 -3.6% $130 / Sq Ft
10/16/2023 10/16/23 Price Changed $533,000 -2.2% $135 / Sq Ft
08/08/2023 08/08/23 For Sale $545,000 -- $138 / Sq Ft
Source: NoCoast MLS

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
2025 $9,616 $566,100 $40,900 $525,200
2024 $9,616 $498,200 $40,900 $457,300
2023 $7,860 $494,600 $40,900 $453,700
2022 $7,688 $388,300 $40,900 $347,400
2021 $7,688 $388,300 $40,900 $347,400
2020 $8,162 $397,800 $40,900 $356,900
2019 $10,082 $454,500 $0 $0
2018 $9,664 $454,500 $0 $0
2017 $9,664 $386,900 $0 $0
2016 $7,632 $355,900 $0 $0
2015 $6,760 $307,200 $0 $0
2014 $6,754 $307,200 $0 $0
2013 $6,760 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NoCoast MLS

MLS Number: NOC6310399

NoCoast MLS

APN: 06-36-205-005