NOT LISTED FOR SALE

5103 Hay Field Dr SW Cedar Rapids, IA 52404

Estimated Value: $56,000 - $92,927

0.46 Acre
$147,243 Price per Acre
20,038 Sq Ft Lot

Last Sold June 14, 2024

Last sale price $57,000

Est. 19% increase in value since last sale

Current estimated payment $523/month

42 Days on Market

About This Lot

As of June 2024

One of the last lots available in College Farms, so you better hurry. This lot in the College Farms community is available for you to build your dream home. The community features a pond, common area, and basketball court. It offers a peaceful country lifestyle while still being close to town and both Kirkwood and College Community campuses. This lot already has all the sidewalks in, would just need to redo a portion when you build, saved expense.

Last Agent to Sell the Property

Christina Axvig

COLDWELL BANKER HEDGES Listed on: 04/03/2024

COLDWELL BANKER HEDGES

Last Buyer's Agent

Christina Axvig

COLDWELL BANKER HEDGES Listed on: 04/03/2024

COLDWELL BANKER HEDGES

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,364

Lot Details

  • 0.46 Acre Lot
  • Gentle Sloping Lot

HOA Fees

  • $30 Monthly HOA Fees

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$1,364

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Acres: 0.4600
  • Association Fee Frequency: Year
  • Association Management: By Association, Start Up Fee
  • City Name: Cedar Rapids
  • Current Zoning: res
  • Gross Tax: 1364
  • List User Cell Phone: 319-721-8351
  • Net Tax: 1364
  • Property Sub Types: Residential Lot
  • Property Type: Land/Lot/Farm
  • Ratio Close Price By List Price: 0.95159
  • Ratio Close Price By Original Li: 0.95159
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Site Description: Gentle Roll

Utilities

  • Utilities: Electric, Gas

Condo/Co-op/Association

  • Association Fee: 360
  • Association: Yes

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm
  • School District: College Comm

Lot Info

  • Lot Size: 20,077

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2013
Sold by
Capital Builders Inc
Bought by
Hempstead Jared L and Hempstead Kristi L
Total Days on Market
42
Current Estimated Value
$67,732

Purchase Details

Closed on
Jul 23, 2013
Sold by
College Farms Llc
Bought by
Hempstead Jared L and Hempstead Kristi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2013
Sold by
College Farms Llc
Bought by
Capital Builders Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,000
Interest Rate
3.62%
Mortgage Type
New Conventional
Source: Public Records

Similar Property in Cedar Rapids, IA

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Hempstead Jared L -- None Available
Hempstead Jared L $55,000 None Available
Capital Builders Inc $55,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hempstead Jared L $44,000
Previous Owner Capital Builders Inc $339,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2024 06/14/24 Sold $57,000 -4.8% --
05/15/2024 05/15/24 Pending -- -- --
04/03/2024 04/03/24 For Sale $59,900 -- --
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 $1,364 $69,800 $69,800 $0
2022 $1,664 $61,600 $61,600 $0
2021 $1,744 $76,600 $76,600 $0
2020 $1,744 $76,600 $76,600 $0
2019 $14 $600 $600 $0
2018 $14 $600 $600 $0
2017 $14 $600 $600 $0
2016 $14 $600 $600 $0
2015 $13 $562 $562 $0
2014 $12 $562 $562 $0
2013 $12 $562 $562 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2402207

Cedar Rapids Area Association of REALTORS®

APN: 19122-56004-00000