NOT LISTED FOR SALE

5115 Hay Field Dr SW Cedar Rapids, IA 52404

Estimated Value: $362,000 - $466,000

3 Beds
3 Baths
2,493 Sq Ft
$163/Sq Ft Est. Value

Last Sold June 28, 2013

Last sale price $295,000 $118 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $2,797/month

473 Days on Market

Highlights

  • New Construction
  • Ranch Style House
  • 3 Car Attached Garage
  • Prairie Ridge Elementary School Rated A-
  • Great Room
  • Forced Air Cooling System

About This Home

As of June 2013

This NEW home invites you in with its detailed columns and stone accented façade. Located atop the hill this home has stunning views in all directions. Beautiful hardwood floors, plush carpet, stunning wood trim and doors unite the space as you move through the open floor plan. The kitchen showcases dark cabinetry with light granite counter tops, and refined tile details. The dining room showcases a large ½ height buffet wall, giving more space for entertaining and an area to showcase accessories. Wrapping around the back of the house the stairwell leads to the patio and lower level. The main level master has a huge walk-in closet, and the master bath suite has double vanities, lots of lighting, a well crafted fully tiled shower with glass tile details and glass shower door. The lower level features a granite wet bar with peninsula counter, and tiled fireplace with hearth. Listing Agent has an interest in the development.

Last Agent to Sell the Property

Alvin Frey

COLDWELL BANKER HEDGES Listed on: 01/19/2012

COLDWELL BANKER HEDGES

Last Buyer's Agent

Matthew Lepic

LEPIC-KROEGER CORRIDOR, REALTORS

LEPIC-KROEGER CORRIDOR, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,396

Year Built

  • 2011

Lot Details

  • 0.33

HOA Fees

  • $30 Monthly HOA Fees

Home Design

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

Interior Spaces

  • Gas Fireplace
  • Family Room with Fireplace
  • Great Room
  • Combination Kitchen and Dining Room
  • Laundry on main level

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms

Basement

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

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Patio
  • 0.33 Acre Lot

Community Details

  • Built by B HANCOCK CONST

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,396

Year Built

2011

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Style: Ranch
  • Acres: 0.3300
  • Above Grade Finished Sq Ft: 1587
  • Association Fee Frequency: Year
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • House Size: 2493 SF
  • List User Cell Phone: 319-981-9908
  • Low Lvl Fin Sq Ft: 906
  • Miscellaneous: Home Warranty, Patio
  • New Construction: Yes
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.98350
  • Ratio Current Price By Sq Ft: 185.89
  • R Value Ceiling: 49.0000
  • R Value Sidewalls: 19.0000
  • Total Sq Ft: 2493
  • Tax Roll Number: 5115 HAY FIELD DR SW
  • Water Sewer Roads: City Sewer, City Water
  • Zoning: RES
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2011

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Great Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Family Room, Gas
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Stone, Vinyl

Garage/Parking

  • Garage/Parking: 3 Cars, Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 360
  • Association: Yes

Schools

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

Lot Info

  • Lot Size: IRREGULAR

Building Info

  • Builder Name: B HANCOCK CONST

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 14, 2022
Sold by
Hempstead Jared L and Hempstead Megan
Bought by
Corum Richard Alan and Corum Joan
Total Days on Market
473
Current Estimated Value
$405,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,600
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 19, 2012
Closed on
Jun 28, 2013
Sold by
B Hancock Construction Inc
Bought by
Hempstead Jared L and Hempstead Kristi L
Seller's Agent
Alvin Frey
COLDWELL BANKER HEDGES
Buyer's Agent
Matthew Lepic
LEPIC-KROEGER CORRIDOR, REALTORS
List Price
$299,950
Sold Price
$295,000
Premium/Discount to List
-$4,950
-1.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.69%
Original Mortgage
$236,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2012
Sold by
First Construction Co
Bought by
B Hancock Construction Inc

Purchase Details

Closed on
Nov 14, 2011
Sold by
College Farms Llc
Bought by
First Construction Company
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 Buyer Sale Price Title Company
Corum Richard Alan $248,000 Security First Title
Hempstead Jared L $295,000 None Available
B Hancock Construction Inc $55,000 None Available
First Construction Company -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Corum Richard Alan $235,600
Previous Owner Hempstead Jared L $296,652
Previous Owner Hempstead Jared L $236,000
Previous Owner Hempstead Jared L $29,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2013 06/28/13 Sold $295,000 -1.7% $118 / Sq Ft
05/06/2013 05/06/13 Pending -- -- --
01/19/2012 01/19/12 For Sale $299,950 -- $120 / 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 $7,396 $366,700 $85,900 $280,800
2022 $6,594 $333,800 $75,800 $258,000
2021 $6,790 $312,400 $70,700 $241,700
2020 $6,790 $306,800 $70,700 $236,100
2019 $6,504 $298,500 $70,700 $227,800
2018 $6,322 $298,500 $70,700 $227,800
2017 $6,264 $286,900 $70,700 $216,200
2016 $6,001 $277,300 $70,700 $206,600
2015 $5,779 $268,612 $70,705 $197,907
2014 $5,592 $265,184 $70,705 $194,479
2013 $5,242 $265,184 $70,705 $194,479
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1200460

Cedar Rapids Area Association of REALTORS®

APN: 19122-56003-00000