NOT LISTED FOR SALE

5112 Hay Field Dr SW Cedar Rapids, IA 52404

Estimated Value: $474,793 - $523,000

4 Beds
3.5 Baths
3,427 Sq Ft
$144/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $409,900 $120 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,274/month

2 Days on Market

Highlights

  • Spa
  • Deck
  • Vaulted Ceiling
  • Prairie Ridge Elementary School Rated A-
  • Recreation Room with Fireplace
  • Ranch Style House

About This Home

As of July 2021

A rare opportunity in today's market, this immaculately maintained home is beautifully situated with panoramic views in the highly sought after College Farms neighborhood! College Community School District. Nearly 3,500 square feet of finished living space (2,384 square feet on the main floor alone) and two huge unfinished storage areas in the lower level. Soaring ceilings, hardwood floors, stainless steel appliances, granite countertops, open floor plan, Jack & Jill bath of two main level secondary bedrooms, 3-car garage plus a large parking pad next to the garage, walk-out lower level, hot tub included, new roof in 2019, gorgeous bar in lower level, Master suite features an en suite master bath with a walk-in shower, dual sinks and vanities, two walk-in closets, and a private den with a fireplace off the master. Community pond and basketball court. With this much to offer at this price, this one won't last long! Hurry!

Last Agent to Sell the Property

Cory Rath

KW Advantage Listed on: 05/07/2021

KW Advantage

Last Buyer's Agent

Jeremy Emmert

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,020

Year Built

  • 2012

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 85 x 134
  • Cul-De-Sac

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Stone Exterior Construction
  • Vinyl Construction Material

Interior Spaces

  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Recreation Room with Fireplace
  • Home Security System

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Spa
  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Satellite Dish
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,020

Year Built

2012

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2600
  • Above Grade Finished Sq Ft: 2384
  • Association Management: By Association
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 8020
  • List User Cell Phone: 319-329-2679
  • Low Lvl Fin Sq Ft: 1043
  • Miscellaneous: Cable Ready, Deck, Hot Tub, Patio, Satellite Dish, Security System, Vaulted Ceiling
  • Net Tax: 7825
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98795
  • Ratio Close Price By Original Li: 0.98795
  • Ratio Current Price By Sq Ft: 171.94
  • Total Sq Ft: 3427
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2012

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Microwave, Range, Refrigerator, Washer
  • Additional Room: 1st Floor Laundry, Rec Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Living Room, Rec Room
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Cul-De-Sac

Exterior Features

  • Construction Methods: Frame
  • Exterior: Stone, Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Attached
  • Garage Size: 807sf

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 85 X 134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jul 26, 2021
Sold by
Reeker Matthew J and Reeker Diane L
Bought by
Paulsen Felicia M and Jones Travis L
Seller's Agent
Cory Rath
KW Advantage
Buyer's Agent
Jeremy Emmert
Realty87
List Price
$414,900
Sold Price
$409,900
Premium/Discount to List
-$5,000
-1.21%
Current Estimated Value
$493,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,798
Avg. Annual Appreciation
4.53%
Original Mortgage
$348,415
Outstanding Balance
$316,959
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$176,739

Purchase Details

Listed on
Aug 1, 2019
Closed on
Nov 7, 2019
Sold by
Furrow William W and Furrow Doris
Bought by
Recker Matthew J and Recker Diane L
Seller's Agent
Cory Barnard
SKOGMAN REALTY
Buyer's Agent
Cory Rath
KW Advantage
List Price
$369,900
Sold Price
$354,000
Premium/Discount to List
-$15,900
-4.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%
Original Mortgage
$330,250
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2018
Sold by
Baedke Jason E and Baedke Rebecca A
Bought by
Furrow William L and Weller Donna K

Purchase Details

Closed on
Jun 14, 2012
Sold by
Capital Builders Inc
Bought by
Baedke Jascon E and Baedke Rebecca A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
3.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 15, 2011
Sold by
College Farms Llc
Bought by
Capital Builders Inc
Source: Public Records

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
Paulsen Felicia M $410,000 None Available
Recker Matthew J $354,000 Security First Title Company
Furrow William L $372,000 None Available
Baedke Jascon E $325,000 None Available
Capital Builders Inc $74,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paulsen Felicia M $348,415
Previous Owner Recker Matthew J $330,250
Previous Owner Baedke Jascon E $48,750
Previous Owner Baedke Jascon E $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2021 07/30/21 Sold $409,900 -1.2% $120 / Sq Ft
05/09/2021 05/09/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $414,900 +17.2% $121 / Sq Ft
11/15/2019 11/15/19 Sold $354,000 -3.0% $101 / Sq Ft View Prior Sale
09/29/2019 09/29/19 Pending -- -- --
08/23/2019 08/23/19 Price Changed $364,900 -1.4% $104 / Sq Ft
08/01/2019 08/01/19 For Sale $369,900 -- $106 / 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
2025 $7,868 $459,800 $79,600 $380,200
2024 $8,356 $439,900 $79,600 $360,300
2023 $8,356 $415,200 $75,100 $340,100
2022 $7,482 $377,200 $66,300 $310,900
2021 $7,676 $353,200 $61,900 $291,300
2020 $7,676 $345,700 $61,900 $283,800
2019 $7,736 $353,400 $79,600 $273,800
2018 $6,840 $353,400 $79,600 $273,800
2017 $6,840 $322,301 $79,600 $242,701
2016 $6,975 $322,301 $79,600 $242,701
2015 $6,935 $322,301 $79,560 $242,741
2014 $6,748 $322,301 $79,560 $242,741
2013 $6,410 $322,301 $79,560 $242,741
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2102976

Cedar Rapids Area Association of REALTORS®

APN: 19122-54015-00000