NOT LISTED FOR SALE

5118 Hay Field Dr SW Cedar Rapids, IA 52404

Estimated Value: $466,000 - $533,000

5 Beds
3.5 Baths
3,423 Sq Ft
$145/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $409,950 $120 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,250/month

2 Days on Market

Highlights

  • Deck
  • Hydromassage or Jetted Bathtub
  • Formal Dining Room
  • Prairie Ridge Elementary School Rated A-
  • Great Room with Fireplace
  • Cul-De-Sac

About This Home

As of May 2023

Conveniently located, just off Hwy 30 in the coveted College Farms development and College Community school district, this spacious 5 bedroom home is the one that you've been looking for! Situated high on the hillside of the neighborhood, you will appreciate the scenic views of the Iowa countryside. The open floorplan on the main level includes an impressive foyer, formal dining area, a half bathroom, great room, and a large kitchen, complete with a walk-in pantry, new appliances, breakfast bar, granite countertops, and a glass tiled backsplash. Entering from the 3 stall garage, you will love the drop zone area with built-in lockers, to help keep everything organized. Upstairs are four of the bedrooms, the master en suite features a huge walk-in closet, jetted tub, dual vanity, and custom tiled shower. The walkout lower level features a spacious family room, full bathroom, large storage room, and the 5th bedroom.

Last Agent to Sell the Property

Mike Selling Team

GRAF REAL ESTATE, ERA POWERED Listed on: 03/09/2023

Last Buyer's Agent

Monica Hayes

LEPIC-KROEGER CORRIDOR, REALTORS

LEPIC-KROEGER CORRIDOR, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,534

Year Built

  • 2012

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 74 x 130
  • Cul-De-Sac

HOA Fees

  • $30 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Great Room with Fireplace
  • Formal Dining Room
  • Home Security System

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom located on second floor
  • Hydromassage or Jetted Bathtub

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

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,534

Year Built

2012

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Style: 2 Stories
  • Acres: 0.2920
  • Above Grade Finished Sq Ft: 2652
  • Association Fee Frequency: Year
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 5
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 7534
  • List User Cell Phone: 319-981-3702
  • Low Lvl Fin Sq Ft: 771
  • Miscellaneous: Cable Ready, Deck, Jetted Tub, Patio, Security System
  • Net Tax: 7534
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 154.58
  • Total Sq Ft: 3423
  • 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, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, Great Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 2: 4
  • Fireplace Features: Built In, Gas, Great Room
  • Level 3 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Site Description: Cul-De-Sac

Exterior Features

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

Garage/Parking

  • Garage/Parking: 3 Cars, Attached
  • Garage Size: 3 Car

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: 74 X 130

Rental Info

  • Pets: # Of Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2023
Closed on
May 30, 2023
Sold by
Tran Johnny D and Tran Trinh H
Bought by
Lund Teran and Lund Corey
Seller's Agent
Mike Selling Team
GRAF REAL ESTATE, ERA POWERED
Buyer's Agent
Monica Hayes
LEPIC-KROEGER CORRIDOR, REALTORS
List Price
$409,950
Sold Price
$409,950
Views
27
Current Estimated Value
$495,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,444
Avg. Annual Appreciation
8.32%
Original Mortgage
$259,950
Outstanding Balance
$252,999
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$242,395

Purchase Details

Listed on
Oct 8, 2020
Closed on
Dec 11, 2020
Sold by
Nove Aleisha N and Nove Brant E
Bought by
Tran Johnny D and Truong Trinh H
Seller's Agent
Jennifer Burhans
LEPIC-KROEGER CORRIDOR, REALTORS
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$359,950
Sold Price
$350,000
Premium/Discount to List
-$9,950
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.64%
Original Mortgage
$282,065
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 30, 2013
Sold by
Capital Builders Inc
Bought by
Nove Aleisha N and Nove Brant E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,289
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2012
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
$276,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Lund Teran $410,000 None Listed On Document
Tran Johnny D $350,000 None Available
Nove Aleisha N $269,500 None Available
Capital Builders Inc $76,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lund Teran $259,950
Previous Owner Tran Johnny D $282,065
Previous Owner Nove Aleisha N $215,289
Previous Owner Capital Builders Inc $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2023 05/31/23 Sold $409,950 0.0% $120 / Sq Ft
03/11/2023 03/11/23 Pending -- -- --
03/09/2023 03/09/23 For Sale $409,950 +17.1% $120 / Sq Ft
12/14/2020 12/14/20 Sold $350,000 -2.8% $102 / Sq Ft View Prior Sale
11/04/2020 11/04/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $359,950 -- $105 / 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 $7,128 $440,100 $82,100 $358,000
2024 $7,870 $409,600 $82,100 $327,500
2023 $7,870 $386,600 $77,500 $309,100
2022 $7,534 $355,200 $68,400 $286,800
2021 $6,592 $346,700 $63,900 $282,800
2020 $6,592 $298,100 $63,900 $234,200
2019 $6,720 $298,100 $63,900 $234,200
2018 $6,532 $308,100 $82,100 $226,000
2017 $6,310 $289,000 $82,100 $206,900
2016 $6,431 $297,200 $82,100 $215,100
2015 $6,167 $286,628 $82,107 $204,521
2014 $5,980 $286,628 $82,107 $204,521
2013 $5,680 $286,628 $82,107 $204,521
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2301479

Cedar Rapids Area Association of REALTORS®

APN: 19122-54014-00000