NOT LISTED FOR SALE

5321 Mayfair St SW Cedar Rapids, IA 52404

Estimated Value: $225,000 - $274,631

3 Beds
2.5 Baths
1,606 Sq Ft
$158/Sq Ft Est. Value

Last Sold April 29, 2021

Last sale price $196,490 $122 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,749/month

212 Days on Market

Highlights

  • New Construction
  • Great Room
  • Level Lot
  • Recreation Room
  • Forced Air Cooling System

About This Home

As of April 2021

1602-A NEW 2 story garage home! The main floor features a great room that connects to the dining area and kitchen. Also, on the main floor is a half bath. The 2nd floor features the owner's suite with walk in closet and private bathroom. Additionally, upstairs are 2 other bedrooms, another full bath and a loft. Photos are of a model home photo or artist rendering due to construction stage.

Last Listed By

Mary Foley

Liberty Realty Group LLC Listed on: 08/19/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • 2020

Lot Details

  • 7,841 Sq Ft Lot
  • Level Lot

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,606 Sq Ft Home
  • 2-Story Property
  • Great Room
  • Recreation Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Utilities

  • Forced Air Cooling System
  • Electric Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

2020

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 0.1800
  • Above Grade Finished Sq Ft: 1606
  • Total Bathrooms: 2.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Gross Tax: 500
  • House Size: 1606
  • List User Cell Phone: 515-577-9187
  • Net Tax: 500
  • New Construction: Yes
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98005
  • Ratio Close Price By Original Li: 0.98005
  • Ratio Current Price By Sq Ft: 122.35
  • Total Sq Ft: 1606
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Appliances Included: Dishwasher, Disposal, Microwave, Refrigerator, Water Heater – Electric
  • Additional Room: Great Room, Rec Room
  • Basement: Slab
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 2: 3
  • Level 2 Full Bathrooms: 2
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Site Description: Level

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars
  • Garage Size: 19X20

Utilities

  • Heating Cooling: Central Air, Forced Air

Schools

  • Elementary School: Van Buren
  • Middle School: Wilson
  • High School: Jefferson

Lot Info

  • Lot Size: 7987

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2020
Closed on
Apr 20, 2021
Sold by
Wjh Llc
Bought by
Newsom Jacob L and Newsom Katie
Seller's Agent
Mary Foley
Liberty Realty Group LLC
Buyer's Agent
Jill Hartke
Century 21 Signature Real Estate
List Price
$200,490
Sold Price
$196,490
Premium/Discount to List
-$4,000
-2%
Total Days on Market
212
Current Estimated Value
$253,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,668
Avg. Annual Appreciation
6.28%
Original Mortgage
$190,596
Outstanding Balance
$175,039
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$76,288

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
Newsom Jacob L $196,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newsom Jacob L $190,596
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2021 04/29/21 Sold $196,490 0.0% $122 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
03/05/2021 03/05/21 Off Market $196,490 -- --
08/19/2020 08/19/20 For Sale $200,490 -- $125 / 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 $4,140 $212,500 $62,000 $150,500
2022 $1,908 $196,300 $60,300 $136,000
2021 $962 $92,100 $43,600 $48,500
2020 $60 $43,600 $43,600 $0
2019 $60 $2,800 $2,800 $0
2018 $58 $2,800 $2,800 $0
2017 $60 $2,800 $2,800 $0
2016 $60 $2,800 $2,800 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2005969

Cedar Rapids Area Association of REALTORS®

APN: 20021-03007-00000