$182,990
SOLD APR 12, 2021

5324 Mayfair St SW Cedar Rapids, IA 52404

4 Beds
2 Baths
1,400 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$131 Per Sq Ft

6% Below List Price

194 Days on Market

Highlights

  • New Construction
  • Forced Air Cooling System
  • Living Room
  • Ranch Style House

About This Home

As of March 2022

1402-B NEW single-story home with 2-car garage! Inside is a spacious kitchen which looks out to the living room. The owner's suite features a private bathroom and walk in closet. Additionally, are 3 more bedrooms and another full bath! Photos are of a model home photo or artist rendering due to construction stage

Last Agent to Sell the Property

Mary Foley

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

Last Buyer's Agent

Laurie Whiting

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $500

Year Built

  • 2020

Parking

  • 2 Car Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Construction Material

Interior Spaces

  • 1,400 Sq Ft Home
  • Living Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 7,841 Sq Ft Lot
  • Forced Air Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$500

Year Built

2020

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.1800
  • Above Grade Finished Sq Ft: 1400
  • Total Bathrooms: 2.00
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Gross Tax: 500
  • 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: 1.00000
  • Ratio Close Price By Original Li: 0.93606
  • Ratio Current Price By Sq Ft: 130.71
  • Total Sq Ft: 1400
  • 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
  • Additional Room: Living Room
  • Basement: Slab
  • Full Bathrooms: 2
  • Bedrooms Level 1: 4
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars

Utilities

  • Heating Cooling: Central Air, Forced Air

Schools

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

Lot Info

  • Lot Size: 8274

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2022
Closed on
Mar 14, 2022
Sold by
King Ashley M and King Dan
Bought by
Meyer Krista L
Buyer's Agent
Shayla Martin
Pinnacle Realty LLC
List Price
$194,000
Sold Price
$194,000
Current Estimated Value
$248,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,624
Avg. Annual Appreciation
6.02%
Original Mortgage
$19,400
Outstanding Balance
$14,043
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$221,895

Purchase Details

Listed on
Aug 19, 2020
Closed on
Mar 23, 2021
Sold by
Wjh Llc
Bought by
King Ashley M and King Dan
Seller's Agent
Mary Foley
Liberty Realty Group LLC
Buyer's Agent
Laurie Whiting
Realty87
List Price
$195,490
Sold Price
$182,990
Premium/Discount to List
-$12,500
-6.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.48%
Original Mortgage
$18,299
Interest Rate
3.05%
Mortgage Type
Stand Alone Second
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 Type Sale Price Title Company
Warranty Deed $194,000 None Listed On Document
Warranty Deed $183,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $19,400 New Conventional
Previous Owner $18,299 Stand Alone Second
Previous Owner $164,691 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2022 03/18/22 Sold $194,000 0.0% $139 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $194,000 +6.0% $139 / Sq Ft
04/12/2021 04/12/21 Sold $182,990 0.0% $131 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
12/24/2020 12/24/20 Price Changed $182,990 -6.4% $131 / Sq Ft
08/19/2020 08/19/20 For Sale $195,490 -- $140 / 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 $4,268 $232,800 $61,700 $171,100
2022 $1,768 $211,200 $60,000 $151,200
2021 $956 $85,300 $43,300 $42,000
2020 $60 $43,300 $43,300 $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: 2005985

Cedar Rapids Area Association of REALTORS®

APN: 20021-07005-00000