NOT LISTED FOR SALE

3423 Forest Valley Ct NE Cedar Rapids, IA 52411

Estimated Value: $331,000 - $524,000

4 Beds
2.5 Baths
3,149 Sq Ft
$136/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $278,000 $88 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $2,925/month

54 Days on Market

Highlights

  • Waterfront
  • Deck
  • Vaulted Ceiling
  • John F. Kennedy High School Rated A-
  • Recreation Room
  • Ranch Style House

About This Home

As of April 2020

Are you looking for a lower maintenance option? How about no snow removal or lawn mowing? If so, this is the house for you! Association pays for shared irrigation system also. Instead relax on your new maintenance free deck off the back of the house with a water view. House boasts an eat-in kitchen and a formal dining area. Kitchen has tall cherry cabinets, breakfast bar and hardwood flooring. Sunroom off the back of the house allows so much light into the home. Master suite on main level. 2nd room on main level can be used as a bedroom, office, den. Large master bath with double sinks, soaking tub and shower. Plenty of closet space throughout the home. Lower level has huge rec room and walks out to large new patio. Enormous storage area in the basement.

Last Agent to Sell the Property

Christina Axvig

Realty87 Listed on: 01/01/2020

Realty87

Last Buyer's Agent

Brad Oppedahl

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,365

Year Built

  • 2004

Lot Details

  • 9,540 Sq Ft Lot
  • Lot Dimensions are 68 x 140
  • Waterfront
  • Cul-De-Sac
  • Irrigation

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Vaulted Ceiling
  • Great Room with Fireplace
  • L-Shaped Dining Room
  • Recreation Room
  • Home Security System

Kitchen

  • Breakfast Bar
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Satellite Dish
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,365

Year Built

2004

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Style: Ranch
  • Acres: 0.2190
  • Above Grade Finished Sq Ft: 1811
  • Association Fee Frequency: Month
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 2.10
  • Lower Level Bedroom: 2
  • Total Bedrooms: 4
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Dining 'L'
  • Gross Tax: 6365
  • List User Cell Phone: 319-721-8351
  • Low Lvl Fin Sq Ft: 1338
  • Miscellaneous: Cable Ready, Deck, Irrigation System, Patio, Satellite Dish, Security System, Vaulted Ceiling
  • Net Tax: 6181
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.94269
  • Ratio Close Price By Original Li: 0.89706
  • Ratio Current Price By Sq Ft: 153.51
  • Total Sq Ft: 3149
  • Water Sewer Roads: City Sewer, City Water, Public Street Maint.
  • Zoning: Res
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Hood Fan, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Laundry, 4 Seasons, Great Room, Rec Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 1: 2
  • Fireplace Features: Built In, Great Room
  • Level 1 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 1
  • Room Count: 5
  • Site Description: Cul-De-Sac, Water Front

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Stone, Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached

Utilities

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

Condo/Co-op/Association

  • Association Fee: 100
  • Association: Yes

Schools

  • Elementary School: Jackson
  • Middle School: Harding
  • High School: Kennedy

Lot Info

  • Lot Size: 68 X 140

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 1, 2020
Closed on
Apr 29, 2020
Sold by
Balvanz Justin J and Balvanz Ann C
Bought by
Perkins Brad and Steinke Cheryl
Seller's Agent
Christina Axvig
Realty87
Buyer's Agent
Brad Oppedahl
SKOGMAN REALTY
List Price
$309,900
Sold Price
$278,000
Premium/Discount to List
-$31,900
-10.29%
Current Estimated Value
$429,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,326
Avg. Annual Appreciation
7.51%

Purchase Details

Listed on
Mar 1, 2016
Closed on
Jun 18, 2016
Sold by
Fei Jia and Xue Jiabin
Bought by
Balvanz Justin J and Balvanz Ann C
Seller's Agent
Jean Perkins
SKOGMAN REALTY
Buyer's Agent
Christina Axvig
Realty87
List Price
$269,900
Sold Price
$255,500
Premium/Discount to List
-$14,400
-5.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.22%

Purchase Details

Listed on
Sep 20, 2011
Closed on
Feb 18, 2012
Sold by
Ali Sherif and Deeb Rasha Ei
Bought by
Fei Jia and Xue Jiabin
Seller's Agent
Cal Ernst
Realty87
Buyer's Agent
Jean Perkins
SKOGMAN REALTY
List Price
$250,000
Sold Price
$232,000
Premium/Discount to List
-$18,000
-7.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.25%
Original Mortgage
$182,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2005
Sold by
Jim Sattler Inc
Bought by
Ali Sherif and Deeb Rasha El

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 21, 2004
Sold by
Seminole Park Development Llc
Bought by
Jim Sattler Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
5.84%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Perkins Brad $278,000 None Available
Balvanz Justin J -- None Available
Fei Jia $232,000 None Available
Ali Sherif $274,500 --
Jim Sattler Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Balvanz Justin J $50,000
Previous Owner Fei Jia $182,000
Previous Owner Ali Sherif $150,000
Previous Owner Jim Sattler Inc $218,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $278,000 -5.7% $88 / Sq Ft
02/24/2020 02/24/20 Pending -- -- --
02/17/2020 02/17/20 Price Changed $294,900 -1.7% $94 / Sq Ft
01/07/2020 01/07/20 Price Changed $299,900 -3.2% $95 / Sq Ft
01/01/2020 01/01/20 For Sale $309,900 +21.3% $98 / Sq Ft
06/24/2016 06/24/16 Sold $255,500 -5.3% $81 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $269,900 +16.3% $86 / Sq Ft
02/24/2012 02/24/12 Sold $232,000 -7.2% $74 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
09/20/2011 09/20/11 For Sale $250,000 -- $79 / 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 $6,458 $346,700 $63,300 $283,400
2023 $6,458 $346,700 $63,300 $283,400
2022 $6,344 $306,200 $56,600 $249,600
2021 $6,516 $306,200 $56,600 $249,600
2020 $6,516 $295,300 $40,000 $255,300
2019 $5,840 $279,500 $40,000 $239,500
2018 $5,858 $279,500 $40,000 $239,500
2017 $5,922 $271,900 $40,000 $231,900
2016 $5,682 $267,300 $40,000 $227,300
2015 $5,732 $269,377 $39,984 $229,393
2014 $5,732 $269,377 $39,984 $229,393
2013 $5,610 $269,377 $39,984 $229,393
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2000023

Cedar Rapids Area Association of REALTORS®

APN: 13123-03019-00000