NOT LISTED FOR SALE

3016 Forest Gate Cir NE Iowa City, IA 52240

Estimated Value: $1,105,000 - $1,290,900

5 Beds
4.5 Baths
4,889 Sq Ft
$239/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $1,310,000 $268 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $7,636/month

49 Days on Market

Highlights

  • Spa
  • Heated Floors
  • Deck
  • Wickham Elementary School Rated A
  • Reverse Osmosis System
  • Great Room with Fireplace

About This Home

As of May 2023

BEAUTIFUL LIVING in this classic two story Forest Gate brick home located at end of cul de sac with 2 acres of spectacular property. Stunning, transitional transformation with completely renovated show stopping kitchen with thick marble counters and island; Mudroom/ laundry with abundance of cabinetry; luxurious and spacious primary suite with abundance of closets and storage and tiled primary bath with large steam shower; refinished hardwood flooring with dark rich stain; upper level with new wood floors; second level with newly added third bath ensuite; lower level with added fifth bedroom with egress window. Walk-out lower level with additional space for home gym or hobbies and additional garage for lawn equipment/ recreational vehicles. Extensive landscaping and stonework surround this stately home; the wonderful backyard has two fire pits, hot tub, patio and usable land. The spacious garage can accommodate five cars and has an EV charging station, new epoxy floor and storage/ hanging system. This home offers classic charm with a fresh, current ambience. Superb renovations with top quality materials and workmanship inside and out.

Last Listed By

Lynn Weinstein

Blank & McCune Real Estate Listed on: 03/10/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,936

Year Built

  • Built in 1992

Lot Details

  • 2.04 Acre Lot
  • Cul-De-Sac
  • Sprinkler System
  • Wooded Lot
  • Private Yard
  • Garden

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Parking Spaces

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Bookcases
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • 2 Fireplaces
  • Family Room Downstairs
  • Separate Formal Living Room
  • Formal Dining Room
  • Library
  • Recreation Room
  • Screened Porch
  • Heated Floors

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Kitchen Island
  • Reverse Osmosis System

Bedrooms and Bathrooms

  • Primary Bedroom Upstairs

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Outdoor Features

  • Spa
  • Balcony
  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Outdoor Gas Grill

Schools

  • Penn Elementary School
  • North Central Middle School
  • Liberty High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Community Well
  • Water Softener is Owned
  • Private or Community Septic Tank
  • Internet Available

Additional Features

  • Stepless Entry
  • Property is near shops

Listing and Financial Details

  • Assessor Parcel Number 0729201021

Community Details

Overview

  • Association fees include reserve fund, sewer, street maintenance, water
  • Built by Ostedgaard
  • Forest Gate Subdivision

Building Details

  • Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,936

Year Built

Built in 1992

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 4889
  • Homebuilder: Ostedgaard
  • Owner Name L F Mi: Cohen, Ronit L and Alex W
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Lower level 26 x 30' storage/ bonus area with high ceilings, currently used as exercise room. The 24 x 20 garden room is excellent storage area for lawn and garden equipment and recreational vehicles. **New roof 1 1/2 yrs **Floor plans attached **Plat map attached **Ideal possession July 31st, 2023
  • Year Built: 1992
  • Zero Step Entry: Yes
  • Tax Year Report: 2021
  • Subdivision: Forest Gate
  • Directions: 1st Ave Coralville to Forest Gate Dr
  • L O1 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Security, Street Lights, Close to Shopping
  • Basement Remarks: Poured Concrete, Finished, Full, Walkout, Unfinished
  • Fireplace Type Location: In Great/Family Room, Other, Gas
  • Interior R: Bookcases, Ceiling-9+ ft
  • Kitchen Breakfast R: Breakfast Area, Island
  • Lot Description R: 1-2 Acres, Cul De Sac, Private Backyard, Wooded
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 2 Story
  • Remarks2: BEAUTIFUL LIVING in this classic two story Forest Gate brick home located at end of cul de sac with 2 acres of spectacular property. Stunning, transitional transformation with completely renovated show stopping kitchen with thick marble counters and island; Mudroom/ laundry with abundance of cabinetry; luxurious and spacious primary suite with abundance of closets and storage and tiled primary bath with large steam shower; refinished hardwood flooring with dark rich stain; upper level with new wood floors; second level with newly added third bath ensuite; lower level with added fifth bedroom with egress window. Walk-out lower level with additional space for home gym or hobbies and additional garage for lawn equipment/ recreational vehicles. Extensive landscaping and stonework surround this stately home; the wonderful backyard has two fire pits, hot tub, patio and usable land. The spacious garage can accommodate five cars and has an EV charging station, new epoxy floor and storage/ hanging system. This home offers classic charm with a fresh, current ambience. Superb renovations with top quality materials and workmanship inside and out.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Icemaker Line, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 1
  • Number Bedrooms Upper: 4
  • Sq Ft Above: 3672
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 5
  • Total Bathrooms: 5
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1217
  • Laundry Location: Laundry Room, 1st Floor, Main
  • Mstr Br Level: Upper
  • Mstr Br Width: 14
  • Number of Fireplaces: 2
  • Number of Lower Level Full Bathrooms: 1

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Balcony, Deck, Garden Area, Gas Grill, Hot Tub, Patio, Porch, Screen Porch, Sprinkler System, Workshop

Garage/Parking

  • Parking Spaces: 3 Cars

Utilities

  • Internet: Yes
  • Water Sewer: Community Well, Private Septic, Water Softener (Owned), Reverse Osmosis, 2662
  • Heating Cooling: Ceiling Fans, Forced Air, Zoned/Dual, Heated Floor

Condo/Co-op/Association

  • Association Fee: 1200.00
  • Fees Include: Reserve Fund, Sewer, Street Maintenance, Water

Schools

  • Elementary School: Penn
  • Middle School: North Central
  • High School: Liberty High School
  • High School: Liberty High School
  • Jr Middle School: North Central
  • Elementary School: Penn

Lot Info

  • Acreage: 2.04
  • Geo Subdivision: IA
  • Lot Dimensions: 2.04
  • Zoning: Residential

Tax Info

  • Gross Tax County City: 11055.9
  • Assessor Parcel Number: 0729201021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
May 10, 2023
Sold by
Cohen Alex W and Cohen Ronit L
Bought by
Allen Rentals Llc
Seller's Agent
Lynn Weinstein
Blank & McCune Real Estate
Buyer's Agent
Tom Kaut
Urban Acres Real Estate
List Price
$1,350,000
Sold Price
$1,310,000
Premium/Discount to List
-$40,000
-2.96%
Total Days on Market
49
Views
184
Current Estimated Value
$1,168,633

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$141,367
Avg. Annual Appreciation
-5.67%
Original Mortgage
$989,313
Outstanding Balance
$968,806
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$193,369

Purchase Details

Listed on
Mar 13, 2015
Closed on
May 31, 2015
Sold by
Murry John P and Larson Leann J
Bought by
Cohen Alex W and Cohen Ronit L
Seller's Agent
Lynn Weinstein
Blank & McCune Real Estate
Buyer's Agent
Lynn Weinstein
Blank & McCune Real Estate
List Price
$739,000
Sold Price
$710,000
Premium/Discount to List
-$29,000
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.02%
Original Mortgage
$510,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Range of Values:

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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
Allen Rentals Llc $1,310,000 None Listed On Document
Cohen Alex W $710,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Rentals Llc $989,313
Previous Owner Cohen Alex $272,080
Previous Owner Cohen Alex W $510,000
Previous Owner Murry John P $417,000
Previous Owner Murry John P $119,000
Previous Owner Murry John P $80,169
Previous Owner Murry John P $50,000
Previous Owner Murry John P $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2023 05/12/23 Sold $1,310,000 -3.0% $268 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $1,350,000 +90.1% $276 / Sq Ft
06/05/2015 06/05/15 Sold $710,000 -3.9% $134 / Sq Ft
05/25/2015 05/25/15 Pending -- -- --
03/13/2015 03/13/15 For Sale $739,000 -- $140 / Sq Ft
Source: Iowa City 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 $11,936 $920,600 $145,800 $774,800
2023 $11,596 $882,400 $145,800 $736,600
2022 $10,924 $756,700 $145,800 $610,900
2021 $10,986 $756,700 $145,800 $610,900
2020 $10,986 $727,600 $145,800 $581,800
2019 $10,992 $725,900 $170,800 $555,100
2018 $10,784 $719,400 $170,800 $548,600
2017 $10,558 $719,400 $170,800 $548,600
2016 $10,312 $703,400 $170,800 $532,600
2015 $10,312 $703,800 $170,800 $533,000
2014 $9,806 $625,600 $129,200 $496,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202301323

Iowa City Area Association of REALTORS®

APN: 0729201021