$205,000
SOLD SEP 18, 2017

5602 Mayfair St SW Cedar Rapids, IA 52404

3 Beds
2 Baths
1,375 Sq Ft
2007 Built

Recently Sold

$149 Per Sq Ft

2% Below List Price

16 Days on Market

Highlights

  • Deck
  • 2 Car Attached Garage
  • Combination Kitchen and Dining Room
  • Ranch Style House
  • Central Air
  • Fenced

About This Home

As of July 2022

BEAUTIFULLY MAINTAINED RANCH IN A FAMILY FRIENDLY NEIGHBORHOOD. OPEN CONCEPT KITCHEN AND LIVING AREA, MAIN FLOOR LAUNDRY, 3 BEDROOMS AND 2 BATHROOMS ON THE MAIN LEVEL. EAT IN KITCHEN BOASTS A BREAKFAST BAR WITH SLIDERS TO A NICE DECK AND LARGE FENCED IN YARD. UNFINISHED BASEMENT THAT IS STUDDED, INSULATED WITH EGRESS WINDOWS READY FOR YOU TO CUSTOMIZE. 2 STALL GARAGE LARGE ENOUGH FOR YOUR VEHICLES PLUS EXTRA FREEZER, FRIDGE, LAWN EQUIPMENT, KIDS BIKES, OUTSIDE TOYS ETC. SELLERS HAVE ALREADY PURCHASED A NEW HOME, QUICK POSSESSION IS AVAILABLE!

Last Agent to Sell the Property

Shelly Franzenburg

IOWA REALTY Listed on: 08/02/2017

Last Buyer's Agent

Graf Home Selling Team

GRAF HOME SELLING TEAM & ASSOCIATES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,068

Year Built

  • 2007

Lot Details

  • Lot Dimensions are 73x125
  • Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,375 Sq Ft Home
  • Gas Fireplace
  • Combination Kitchen and Dining Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,068

Year Built

2007

Lot Details

0

Listing Details

  • Style: Ranch
  • Above Grade Finished Sq Ft: 1375
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Kitchen/Dining Combo
  • Gross Tax: 4068
  • List User Cell Phone: 319-389-2775
  • Miscellaneous: Cable Ready, Deck, Fencing
  • Net Tax: 3963
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.98321
  • Ratio Close Price By Original Li: 0.98321
  • Ratio Current Price By Sq Ft: 149.09
  • Total Sq Ft: 1375
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2007

Interior Features

  • Appliances Included: Dishwasher, Disposal, Microwave, Refrigerator, Water Heater – Gas
  • Additional Room: 1st Floor Laundry
  • Basement: Full
  • Full Bathrooms: 2
  • Bedrooms Level 1: 3
  • Fireplace Features: Gas
  • Level 1 Full Bathrooms: 2
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 538SF

Utilities

  • Heating Cooling: Central Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 73x125

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
$331,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,804
Avg. Annual Appreciation
1.66%
Original Mortgage
$326,340
Outstanding Balance
$311,651
Interest Rate
5.54%
Estimated Equity
$20,153

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 Type Sale Price Title Company
Warranty Deed $315,000 None Listed On Document
Warranty Deed $205,000 None Available
Corporate Deed $191,500 None Available
Warranty Deed $34,500 None Available
Warranty Deed $32,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $326,340 No Value Available
Closed $25,000 New Conventional
Previous Owner $174,250 Adjustable Rate Mortgage/ARM
Previous Owner $150,000 New Conventional
Previous Owner $33,000 Unknown
Previous Owner $153,600 Purchase Money Mortgage
Previous Owner $38,400 Purchase Money Mortgage
Previous Owner $168,300 Construction
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
2024 $4,748 $287,900 $57,100 $230,800
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: 1707557

Cedar Rapids Area Association of REALTORS®

APN: 20021-26011-00000