NOT LISTED FOR SALE

3705 Forest Gate Dr NE Iowa City, IA 52240

Estimated Value: $478,000 - $655,632

5 Beds
3.5 Baths
3,243 Sq Ft
$183/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $390,000 $120 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,796/month

87 Days on Market

Highlights

  • 2.36 Acre Lot
  • Deck
  • Wooded Lot
  • Wickham Elementary School Rated A
  • Living Room with Fireplace
  • Private Yard

About This Home

As of December 2019

Excellent value in lovely Forest Gate subdivision. This solidly-built ranch-style home is situated on 2.36 acres providing privacy, extensive land, mature trees and lush landscaping. Well-designed for comfortable living with main floor ensuite master bedroom including master bath with dual vanities and walk-in closet and convenient 1st floor laundry/ mudroom. Main level with formal dining and living rooms and spacious eat-in kitchen with screen porch access. Walk-out LL with family room and two bedrooms.

Last Agent to Sell the Property

Lynn Weinstein

Blank & McCune Real Estate Listed on: 09/17/2019

Last Buyer's Agent

Nonmember NONMEMBER

NONMEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,452

Year Built

  • Built in 1991

Lot Details

  • 2.36 Acre Lot
  • Wooded Lot
  • Private Yard
  • Garden

HOA Fees

  • $71 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Poured Concrete
  • Frame Construction

Interior Spaces

  • 1-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room Downstairs
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Laundry

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

Finished Basement

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

Outdoor Features

  • Deck
  • Patio

Location

  • Property is near schools
  • Property is near shops

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Community Well
  • Private or Community Septic Tank
  • Internet Available
  • Cable TV Available

Community Details

  • Association fees include sewer, street maintenance, water
  • Built by Weimer
  • Forest Gate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0729202008

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,452

Year Built

Built in 1991

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 3243
  • Homebuilder: Weimer
  • Owner Name L F Mi: Terry Family Revocable Trust
  • Ownership Type: Single Family
  • Photo Code: Broker Loaded
  • Remarks: Amenities include two fireplaces, washer/ dryer facilities on both levels, newly painted lower level, deck with stairs to backyard, firepit, deep two car garage and tremendous storage area under garage and in utility room, insulated poured concrete foundation with interlocked styrofoam/ rebar/ wiring system. Close proximity to Coral Ridge Mall, Interstate, Iowa City and both Coralville and North Liberty. Priced to sell - listed $50k under assessed value. *Please consult ICCSD for further school information *HOA fees include water and septic
  • Year Built: 1991
  • Subdivision: Forest Gate
  • Directions: North on 1st Ave (Coralville), to Forest Gate subdivision (north of Oakdale Blvd)
  • L O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Street Lights, Close to Shopping, Close to School
  • Basement Remarks: Poured Concrete, Finished, Full, Walkout
  • Fireplace Type Location: In Living Room, In LL, Wood Burning
  • Interior R: Cable Available, Ceiling-9+ ft
  • Kitchen Breakfast R: Breakfast Area
  • Lot Description R: 2-5 Acre, Private Backyard, Wooded
  • Possession R: Immediate
  • Possible Finance R: Cash, Conventional
  • Stories Style R: 1 Story
  • Remarks2: Excellent value in lovely Forest Gate subdivision. This solidly-built ranch-style home is situated on 2.36 acres providing privacy, extensive land, mature trees and lush landscaping. Well-designed for comfortable living with main floor ensuite master bedroom including master bath with dual vanities and walk-in closet and convenient 1st floor laundry/ mudroom. Main level with formal dining and living rooms and spacious eat-in kitchen with screen porch access. Walk-out LL with family room and two bedrooms.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Icemaker Line, Microwave, Range/Oven, Refrigerator, Dryer, Washer
  • Number Bedrooms Lower: 2
  • Number Bedrooms Main: 3
  • Sq Ft Above: 1925
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Number of Main Level Half Bathrooms: 1
  • Bedrooms: 5
  • Total Bathrooms: 4
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1318
  • Laundry Location: Laundry Room, Basement, Main
  • Mstr Br Level: Main
  • Mstr Br Width: 13
  • Number of Fireplaces: 2
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Frame
  • ExteriorFeatures: Deck, Garden Area, Patio, Porch, Screen Porch

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

  • Internet: Yes
  • Water Sewer: Community Well, Private Septic
  • Heating Cooling: Ceiling Fans, Electric, Gas, Central, Forced Air

Condo/Co-op/Association

  • Association Fee: 850.00
  • Fees Include: Sewer, Street Maintenance, Water

Schools

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

Lot Info

  • Acreage: 2.36
  • Geo Subdivision: IA
  • Lot Dimensions: 2.36
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 0729202008

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2019
Closed on
Dec 17, 2019
Sold by
Terry Timothy F
Bought by
Fensterbusch Kristin N and Bermeo Steve A
Seller's Agent
Lynn Weinstein
Blank & McCune Real Estate
Buyer's Agent
Nonmember NONMEMBER
NONMEMBER
List Price
$437,000
Sold Price
$390,000
Premium/Discount to List
-$47,000
-10.76%
Current Estimated Value
$592,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,908
Avg. Annual Appreciation
7.41%
Original Mortgage
$351,000
Outstanding Balance
$308,790
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$284,118

Purchase Details

Closed on
Sep 18, 2007
Sold by
Terry Timothy F
Bought by
Rice Gretchen M

Purchase Details

Closed on
Feb 10, 2006
Sold by
Dockendorff Robert F and Dockendorff Suella L
Bought by
Obrien Patrick and Obrien Marlea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
6.2%
Mortgage Type
FHA
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
Fensterbusch Kristin N $390,000 None Available
Fensterbusch Kristin N -- None Available
Rice Gretchen M -- None Available
Obrien Patrick $492,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fensterbusch Kristin N $351,000
Previous Owner Obrien Patrick $158,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2019 12/20/19 Sold $390,000 -6.0% $120 / Sq Ft
10/03/2019 10/03/19 Price Changed $415,000 -5.0% $128 / Sq Ft
09/17/2019 09/17/19 For Sale $437,000 -- $135 / 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
2025 $7,452 $604,500 $152,200 $452,300
2024 $7,374 $545,200 $152,200 $393,000
2023 $7,470 $545,200 $152,200 $393,000
2022 $7,038 $481,700 $152,200 $329,500
2021 $7,120 $481,700 $152,200 $329,500
2020 $7,120 $466,000 $152,200 $313,800
2019 $7,108 $466,000 $152,200 $313,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 20195793

Iowa City Area Association of REALTORS®

APN: 0729202008