NOT LISTED FOR SALE

3020 Forest Gate Cir NE Iowa City, IA 52240

Estimated Value: $1,226,000 - $1,397,724

6 Beds
4.5 Baths
5,760 Sq Ft
$226/Sq Ft Est. Value

Last Sold March 01, 2013

Last sale price $895,000 $155 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $8,058/month

171 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Wooded Lot
  • Wickham Elementary School Rated A
  • Recreation Room
  • Main Floor Primary Bedroom

About This Home

As of March 2013

Gorgeous estate on perhaps the best lot in Forest Gate featuring 4.66 acres of lush wooded timber land + a fantastic open yard at the end of a private cul de sac! Recent tasteful renovations enhance this elegant home; custom wall to wall B-Is; professional grade appliances, travertine tile back splash, granite counters; rich cherry floors & cabinetry; 1st flr study; luxurious main level M suite; exquisite formal dining; open staircase & catwalk; guest suite; LL w/ 12 ft. ceilings + floor to ceiling stone FP. Game room; screened porch w/ shiny pine finished flrs; custom lockers; 18x46 low maintenance, high efficiency in ground pool with special lighting system & brick pool house; professional landscaping includes retaining walls & paver stone fire pit; irrigation, security, audio, & R/O drinking systems!

Last Agent to Sell the Property

Jeff Dill

LEPIC-KROEGER CORRIDOR, REALTORS Listed on: 07/13/2012

LEPIC-KROEGER CORRIDOR, REALTORS

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,895

Year Built

  • 1999

Lot Details

  • 4.66 Acre Lot
  • Wooded Lot

HOA Fees

  • $17 Monthly HOA Fees

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Great Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Home Security System
  • Laundry on main level

Kitchen

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

Bedrooms and Bathrooms

  • 6 Bedrooms | 1 Primary Bedroom on Main

Basement

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

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Community Well
  • Water Softener is Owned
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,895

Year Built

1999

Lot Details

0

HOA Fees

$17 per month

Listing Details

  • Style: 1.5 Story, 2 Stories
  • Acres: 4.6600
  • Above Grade Finished Sq Ft: 3856
  • Association Fee Frequency: Year
  • Total Bathrooms: 4.10
  • Lower Level Bedroom: 2
  • Total Bedrooms: 6
  • City Name: Iowa City
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining
  • Gross Tax: 9895
  • List User Cell Phone: 319-430-4400
  • Low Lvl Fin Sq Ft: 1904
  • Miscellaneous: Deck, In-Ground Pool, Screen Porch, Security System
  • Net Tax: 9798
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.89950
  • Ratio Close Price By Original Li: 0.89950
  • Ratio Current Price By Sq Ft: 232.11
  • Total Sq Ft: 5760
  • Tax Roll Number: 0729201017
  • Water Sewer Roads: Community Well, Septic System
  • Zoning: RES
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1999

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Softener - Own
  • Additional Room: 1st Floor Laundry, Den/Study, Great Room, Rec Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Bedrooms Level 1: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Built In
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Site Description: Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick

Garage/Parking

  • Garage Size: 3 CAR

Utilities

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

Condo/Co-op/Association

  • Association Fee: 200
  • Association: Yes

Schools

  • Elementary School: Wickham
  • Middle School: North Central
  • High School: West

Lot Info

  • Lot Size: 4.66 ACRE

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 19, 2020
Sold by
Karandikar Nitin J and Karandikar Ashwini N
Bought by
Karandikar Nitin J and Karandikar Ashwini N
Total Days on Market
171
Current Estimated Value
$1,300,241

Purchase Details

Listed on
Jul 13, 2012
Closed on
Feb 25, 2013
Sold by
Shaaban Aimen Farouk and Shaaban Annette Christine
Bought by
Karandikar Nitin J and Karandikar Ashwini N
Seller's Agent
Jeff Dill
LEPIC-KROEGER CORRIDOR, REALTORS
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$995,000
Sold Price
$895,000
Premium/Discount to List
-$100,000
-10.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.91%

Purchase Details

Closed on
May 15, 2008
Sold by
Shaaban Aimen F and Shaaban Annette C
Bought by
The Aimen Farouk & Annette Christine Sha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Karandikar Nitin J -- None Available
Karandikar Nitin J $895,000 None Available
The Aimen Farouk & Annette Christine Sha -- None Available
Shaaban Aimen $768,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaaban Aimen Farouk $720,000
Previous Owner Shaaban Aimen Farouk $40,000
Previous Owner The Aimen Farouk & Annette Christine Sha $417,000
Previous Owner The Aimen Farouk Shaaban & Annette Chris $417,000
Previous Owner Aimen Farouk Shaaban $417,000
Previous Owner Aimen Farouk Shaaban $200,000
Previous Owner Shaaban Aimen $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2013 03/01/13 Sold $895,000 -10.1% $155 / Sq Ft
12/31/2012 12/31/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $995,000 -- $173 / 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 $13,692 $1,022,700 $223,200 $799,500
2023 $13,966 $1,022,700 $223,200 $799,500
2022 $13,158 $909,500 $223,200 $686,300
2021 $13,266 $909,500 $223,200 $686,300
2020 $13,266 $876,800 $223,200 $653,600
2019 $13,302 $869,500 $223,200 $646,300
2018 $13,050 $868,700 $223,200 $645,500
2017 $12,784 $868,700 $223,200 $645,500
2016 $12,326 $849,900 $223,200 $626,700
2015 $12,326 $849,900 $223,200 $626,700
2014 $11,658 $734,100 $155,400 $578,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1205270

Cedar Rapids Area Association of REALTORS®

APN: 0729201017