NOT LISTED FOR SALE

5602 Mayfair St SW Cedar Rapids, IA 52404

Estimated Value: $322,000 - $346,000

4 Beds
3 Baths
2,354 Sq Ft
$140/Sq Ft Est. Value

Last Sold July 25, 2022

Last sale price $315,000 $134 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,222/month

7 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Recreation Room
  • Ranch Style House
  • Eat-In Kitchen

About This Home

As of July 2022

METICULOUSLY MAINTAINED BOTH INSIDE AND OUT. VAULTED CEILINGS, GAS FIREPLACE, LAUNDRY, BREAKFAST BAR, MASTER SUITE, AND TWO ADDITIONAL BEDROOMS WITH AMPLE CLOSETS MAKE UP THE MAIN LEVEL. THE LOWER LEVEL WILL SURPRISE YOU WITH THE LARGE REC ROOM, HUGE BEDROOM WITH A WALK IN CLOSET, AND FULL BATH. NEW HIGH END CARPET THROUGHOUT THE ENTIRE HOME. SLIDERS FROM THE DINING ROOM WALK YOU OUT TO A BEAUTIFUL DECK, WHICH LEADS DOWN TO A LARGE FENCED IN YARD. THIS HOME HAS IT ALL AND IS TOTALLY MOVE IN READY. BUYER TO VERIFY SQUARE FOOTAGE.

Last Agent to Sell the Property

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES Listed on: 06/03/2022

Last Buyer's Agent

John Beltramea

EXIT Eastern Iowa Real Estate Corridor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,766

Year Built

  • 2007

Lot Details

  • Lot Dimensions are 73 x 125
  • Fenced

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Vaulted Ceiling
  • Gas Fireplace
  • Living Room with Fireplace
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,766

Year Built

2007

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1354
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 1
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen
  • Gross Tax: 4766
  • List User Cell Phone: 319-981-3702
  • Low Lvl Fin Sq Ft: 1000
  • Miscellaneous: Cable Ready, Deck, Fencing, Vaulted Ceiling
  • Net Tax: 4576
  • 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: 232.64
  • Total Sq Ft: 2354
  • 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: Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 3
  • Fireplace Features: Built In, Gas, Living 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: 2 Car

Utilities

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

Schools

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

Lot Info

  • Lot Size: 73 X 125

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2022
Closed on
Jul 24, 2022
Sold by
Gabehart and Marcy
Bought by
Montalvo Joshua Paul and Montalvo Tracy
Seller's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
Buyer's Agent
John Beltramea
EXIT Eastern Iowa Real Estate Corridor
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$330,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,488
Avg. Annual Appreciation
0.84%
Original Mortgage
$326,340
Outstanding Balance
$314,145
Interest Rate
5.54%
Estimated Equity
$8,761

Purchase Details

Listed on
Aug 2, 2017
Closed on
Sep 12, 2017
Sold by
Miller Curtis M and Miller Megan M
Bought by
Gabehart Cory
Seller's Agent
Shelly Franzenburg
IOWA REALTY
Buyer's Agent
Graf Home Selling Team
GRAF HOME SELLING TEAM & ASSOCIATES
List Price
$208,500
Sold Price
$205,000
Premium/Discount to List
-$3,500
-1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$174,250
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 24, 2008
Sold by
W P H Inc
Bought by
Miller Curtis M and Kromminga Megan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,600
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 11, 2007
Sold by
Lyon Doyle L
Bought by
W P H Inc and Cedar Ridge Homes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,300
Interest Rate
6.54%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 4, 2007
Sold by
All American L C #1
Bought by
Lyon Doyle L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Montalvo Joshua Paul $315,000 None Listed On Document
Gabehart Cory $205,000 None Available
Miller Curtis M $191,500 None Available
W P H Inc $34,500 None Available
Lyon Doyle L $32,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montalvo Joshua Paul $326,340
Closed Gabehart Cory $25,000
Previous Owner Gabehart Cory $174,250
Previous Owner Miller Megan Marie $150,000
Previous Owner Miller Megan Marie $33,000
Previous Owner Miller Curtis M $153,600
Previous Owner Miller Curtis M $38,400
Previous Owner W P H Inc $168,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2022 07/25/22 Sold $315,000 0.0% $134 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $315,000 +53.7% $134 / Sq Ft
09/18/2017 09/18/17 Sold $205,000 -1.7% $149 / Sq Ft
08/18/2017 08/18/17 Pending -- -- --
08/02/2017 08/02/17 For Sale $208,500 -- $152 / 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 $4,748 $282,400 $51,600 $230,800
2022 $4,410 $225,100 $47,900 $177,200
2021 $4,674 $212,900 $47,900 $165,000
2020 $4,674 $211,800 $47,900 $163,900
2019 $4,258 $204,500 $40,600 $163,900
2018 $3,810 $197,500 $40,600 $156,900
2017 $4,068 $191,400 $40,600 $150,800
2016 $4,068 $191,400 $40,600 $150,800
2015 $3,984 $187,253 $40,552 $146,701
2014 $3,984 $187,253 $40,552 $146,701
2013 $3,900 $187,253 $40,552 $146,701
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2204917

Cedar Rapids Area Association of REALTORS®

APN: 20021-26011-00000