NOT LISTED FOR SALE

5506 Mayfair St SW Cedar Rapids, IA 52404

Estimated Value: $309,140 - $335,000

4 Beds
3 Baths
2,156 Sq Ft
$148/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $287,500 $133 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $2,181/month

Highlights

  • Deck
  • Great Room with Fireplace
  • Forced Air Cooling System
  • Ranch Style House
  • 2 Car Attached Garage
  • Breakfast Bar

About This Home

As of July 2021

This move in ready ranch is located in a family-friendly neighborhood, on a quiet street, close to Westdale Mall area, easy access to Hwy 30 & 151. The main level has carpet, hardwood and tile floors, vaulted ceiling, and features a fireplace, central vac ready to be finished, and a security system. Also on the main level are 4 bedrooms, 3 full baths, and laundry. The kitchen features hardwood floors, laminate counters, and stainless steel appliances. Appliances stay with the home. The master bedroom is located on the main level and features carpet floors, a tray ceiling, and a walk-in closet. The attached master bath includes tile floors and a one-piece shower. The finished lower level features a bedroom, large family room, full bath, and storage area. Outside you'll find a wood deck overlooking the yard with a chain link fence. Exterior features include a storage shed.

Last Agent to Sell the Property

Kevin Heinbuch

PRK Williams Realty Listed on: 05/16/2021

Co-Listed By

Ben Gatton

PRK Williams Realty

Last Buyer's Agent

Kevin Heinbuch

PRK Williams Realty Listed on: 05/16/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,775

Year Built

  • 2007

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 73 x 125

Home Design

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

Interior Spaces

  • Gas Fireplace
  • Great Room with Fireplace
  • Family Room
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Home warranty included in the sale of the property

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,775

Year Built

2007

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2100
  • Above Grade Finished Sq Ft: 1447
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Kitchen/Dining Combo
  • Gross Tax: 4775
  • List User Cell Phone: 319-360-7139
  • Low Lvl Fin Sq Ft: 709
  • Miscellaneous: Cable Ready, Deck, Home Warranty, Patio, Storage Shed
  • Net Tax: 4586
  • 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: 198.69
  • Total Sq Ft: 2156
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

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

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 525

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: 73 x 125

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2021
Closed on
Jul 22, 2021
Sold by
Leeman Matthew B and Leeman Lori Christine
Bought by
Four D Development Llc
Seller's Agent
Kevin Heinbuch
PRK Williams Realty
Buyer's Agent
Kevin Heinbuch
PRK Williams Realty
List Price
$287,500
Sold Price
$287,500
Current Estimated Value
$320,035

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,535
Avg. Annual Appreciation
2.27%
Original Mortgage
$288,000
Outstanding Balance
$264,797
Interest Rate
2.93%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$49,537

Purchase Details

Listed on
May 13, 2014
Closed on
Jul 8, 2014
Sold by
Fannie Mae
Bought by
Leeman Matthew B
Seller's Agent
KATHY EIGHME
FUSION REALTORS
Buyer's Agent
Miranda Pickett
RUHL & RUHL REALTORS®
List Price
$198,900
Sold Price
$195,000
Premium/Discount to List
-$3,900
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.69%
Original Mortgage
$185,250
Interest Rate
4.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2014
Sold by
Phh Mortgage Corp
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 29, 2008
Sold by
All American #1 Lc
Bought by
Horras Sheila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,520
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Four D Development Llc $287,500 None Available
Leeman Matthew B -- None Available
Federal National Mortgage Association -- None Available
Horras Sheila $191,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Four D Development Llc $288,000
Previous Owner Leeman Matthew B $25,000
Previous Owner Leeman Matthew $180,200
Previous Owner Leeman Matthew B $185,250
Previous Owner Horras Sheila $153,520
Previous Owner Horras Sheila $38,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $287,500 0.0% $133 / Sq Ft
05/16/2021 05/16/21 Pending -- -- --
05/16/2021 05/16/21 For Sale $287,500 +47.4% $133 / Sq Ft
07/24/2014 07/24/14 Sold $195,000 -2.0% $135 / Sq Ft
06/10/2014 06/10/14 Pending -- -- --
05/13/2014 05/13/14 For Sale $198,900 -- $137 / 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 $4,966 $276,100 $51,600 $224,500
2022 $4,596 $244,300 $47,900 $196,400
2021 $4,876 $230,800 $47,900 $182,900
2020 $4,876 $229,600 $47,900 $181,700
2019 $4,502 $217,400 $40,600 $176,800
2018 $3,846 $217,400 $40,600 $176,800
2017 $4,020 $193,100 $40,600 $152,500
2016 $4,105 $193,100 $40,600 $152,500
2015 $4,168 $195,894 $40,552 $155,342
2014 $4,168 $195,894 $40,552 $155,342
2013 $4,080 $195,894 $40,552 $155,342
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2103266

Cedar Rapids Area Association of REALTORS®

APN: 20021-26008-00000