5315 Mayfair St SW, Cedar Rapids, IA, 52404

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

5315 Mayfair St SW, Cedar Rapids$249,000

Buyer Closing Credits

$2,957^*

1.25% Loan Amount

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingAttached, Garage, Garage Door Opener

Garage2 spaces

Year Built2020

HeatingForced Air, Natural Gas

CoolingCentral Air

MLS #2402837

Lot Size0.17 Acres

StatusActive

About 5315 Mayfair St SW

Like new & main level living! Built in 2020 & very gently lived in! Enjoy zero entry, 2 car attached garage, main level laundry! Great SW side location near lots of shops & restaurants. 3 bedrooms, 2 full bathrooms, primary suite with an attached full bath with a dual sink vanity. Open concept living room, dining area & kitchen! White cabinetry, granite counters, pantry with awesome storage space. Vinyl flooring in the main spaces & carpet in the bedrooms. Concrete patio in the backyard to relax on or to fire up the grill! The garage is also drywalled. Set up your showing today!

View More

Property Details

Property Features

Property Information:

• Architectural Style: Ranch
• Year Built: 2020
• Living Area: 1,200 SqFt

Listing Office:

• Office Name: IOWA REALTY
• Office Phone: (319) 393-4900
• Listing Agent: Melissa Lennie

Interior Features

Interior Information:

• Appliances: Dishwasher, Electric Water Heater, Disposal, Microwave, Range, Range Hood
• Basement: No
• Interior: Eat-in Kitchen, Bath in Primary Bedroom, Main Level Primary

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Parking Information:

• Garage Space: 2 spaces
• Parking: Attached, Garage, Garage Door Opener

Virtual/3D Tour

• Virtual Tour: 5315 Mayfair St SW

Virtual Tour

Lot Features

Lot Information:

• Lot Size: 0.17 Acres

Utilities

Utilities Information:

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

School Info

Assigned Schools Information:

• Thomas Jefferson High School, Public District Grades 9-12
• Wilson Middle School, Public District Grades 6-8
• Van Buren Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

• List Price: $249,000
• Price Per SqFt: $208/SqFt

Tax Information:

• Annual Amount: $860
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

See how this home compares to others in Cedar Rapids, IA.

Cedar Rapids, IA

City

Med. Sold Price

$189.2K

Med. Price/SqFt

$124

Avg. Days On Market

25

# of Sold Homes

141

5315 Mayfair St SW vs Cedar Rapids

14 DAYS ON ROCKET

-11 Days

$249,000

+$59.7K More

$208/SqFt

+$83 More

KEY TAKEAWAY

This property is $59.7K more than the Median Sold Price and $83/SqFt more than other homes in Cedar Rapids, IA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: CDR
• MLS Number: #2402837

Listing Office:

• Office Name: IOWA REALTY
• Office Phone: (319) 393-4900
• Listing Agent: Melissa Lennie

Provided Courtesy Of Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Is Believed To Be Accurate But Not Guaranteed.
Copyright 2024 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/11/2024, 2:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Feb 03, 2021	Feb 03, 2021Home Sold	$180,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$860	$39,000
2018	$52	$2,500

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$1,310

Per Month

Principal & Interest

$1,243

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.

%

Down Payment

Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.

$Down PaymentPercent%

Loan Term

Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.

$/ Year

Mortgage Insurance

$0

Monthly Premium

Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.

$/ Month

Homeowners Insurance

$67

Monthly Premium

Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.

$/ Month

Homeowners Association (HOA)

$0

Monthly Fees

Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.

$/ Month

Utilities

$0

Monthly Cost

Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.

$/ Month

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$813

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Iowa›Linn County›Cedar Rapids›52404›5315 Mayfair St SW

This home is located at 5315 Mayfair St SW in Cedar Rapids, IA and zip code 52404 in the Westdale neighborhood. This 1,200 square foot home, which was built in 2020, sits on a 0.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 27, 2024 and is currently priced at $249,000.

Over 42 listings were sold over their listed price in April 2024 in Cedar Rapids, IA. In the same period over 55 listings were sold below the listed price and 44 listings were sold for the listed price. The inventory of homes for sale in Cedar Rapids, IA between March 2024 and April 2024 increased by 1.5%. Listings spent 25 days on the market in April 2024, and had a median list price of $189,228 during the same period.

From Rocket Homes Real Estate and based on county public records data.