NOT LISTED FOR SALE

1116 Forest Dr SE Cedar Rapids, IA 52403

Estimated Value: $133,000 - $164,000

2 Beds
1 Bath
899 Sq Ft
$163/Sq Ft Est. Value

Last Sold January 31, 2025

Last sale price $135,000 $150 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $912/month

117 Days on Market

Highlights

  • Ranch Style House
  • Screened Porch
  • Patio
  • No HOA
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2025

Here is a cute 2 bedroom home on the SE side of town. There is a 1 1/2 car garage with the one side converted into a little shop. Home has newer furnace and water heater. This home is a great opportunity for a little sweat equity.

Last Agent to Sell the Property

Jeremy Wilson

Infiniti Realty Listed on: 09/13/2024

Last Buyer's Agent

Jeannie Rice

Realty87

Realty87

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,341

Year Built

  • Built in 1951

Lot Details

  • 5,881

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 899 Sq Ft Home
  • Combination Kitchen and Dining Room
  • Screened Porch
  • Basement Fills Entire Space Under The House
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Schools

  • Grant Wood Elementary School
  • Mckinley Middle School
  • Washington High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Additional Features

  • Patio
  • Lot Dimensions are 50x118

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 142620500300000

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,341

Year Built

Built in 1951

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • NAV29_Unit_1_Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Co List Office Phone: 319-929-5595
  • MLS Status: Closed
  • Directions: Mt. Vernon Rd and then turn South on 23rd st. Turn left on 12th ave. Turn left on Forest
  • Above Grade Finished Sq Ft: 899.0
  • Architectural Style: Ranch
  • Reso Interior Features: Kitchen/Dining Combo, Main Level Primary
  • New Construction: No
  • ResoRoomType: Screened Porch
  • Year Built: 1951
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full, Concrete
  • Basement: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Construction Type: Aluminum Siding, Frame, Vinyl Siding
  • Foundation Details: Poured
  • Patio And Porch Features: Patio

Garage/Parking

  • Garage Spaces: 1.0
  • Attached Garage: Yes
  • Parking Features: Detached, Garage, On Street

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Grant Wood
  • High School: Washington
  • Middle Or Junior School: McKinley

Lot Info

  • Lot Dimensions: 50X118
  • ResoLotSizeUnits: Acres
  • Parcel Number: 142620500300000
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2341.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Jan 30, 2025
Sold by
Kelly James L
Bought by
Sims Jesse and Sims Kallie
Seller's Agent
Jeremy Wilson
Infiniti Realty
Buyer's Agent
Jeannie Rice
Realty87
List Price
$154,950
Sold Price
$135,000
Premium/Discount to List
-$19,950
-12.88%
Views
48
Current Estimated Value
$146,933

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,933
Avg. Annual Appreciation
9.03%
Original Mortgage
$108,000
Outstanding Balance
$107,334
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$39,599

Purchase Details

Closed on
Jun 22, 2011
Sold by
Estling Timothy Lewis
Bought by
Estling Timothy Lewis and Estling Dennis Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,806
Interest Rate
4.8%
Mortgage Type
VA

Purchase Details

Closed on
May 30, 2011
Sold by
Estling Timothy Lewis and Estling Lois
Bought by
Kelly James L and Kelly Alene F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,806
Interest Rate
4.8%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Sims Jesse $135,000 None Listed On Document
Estling Timothy Lewis -- None Available
Kelly James L $83,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sims Jesse $108,000
Previous Owner Kelly James L $85,806
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2025 01/31/25 Sold $135,000 -5.3% $150 / Sq Ft
01/08/2025 01/08/25 Pending -- -- --
12/12/2024 12/12/24 Price Changed $142,500 -1.7% $159 / Sq Ft
11/19/2024 11/19/24 Price Changed $144,950 -1.7% $161 / Sq Ft
11/13/2024 11/13/24 Price Changed $147,500 -1.6% $164 / Sq Ft
10/01/2024 10/01/24 Price Changed $149,950 -3.2% $167 / Sq Ft
09/13/2024 09/13/24 For Sale $154,950 -- $172 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

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
2025 $1,784 $151,400 $29,400 $122,000
2024 $2,070 $132,300 $27,000 $105,300
2023 $2,070 $126,900 $27,000 $99,900
2022 $1,978 $110,400 $23,500 $86,900
2021 $2,086 $107,900 $23,500 $84,400
2020 $2,086 $106,400 $23,500 $82,900
2019 $1,816 $96,000 $20,000 $76,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2406409

Cedar Rapids Area Association of REALTORS®

APN: 14262-05003-00000