NOT LISTED FOR SALE

3718 Forest Gate Dr NE Iowa City, IA 52240

Estimated Value: $643,000 - $731,000

4 Beds
3 Baths
3,034 Sq Ft
$231/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $540,000 $178 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,438/month

45 Days on Market

Highlights

  • 1.2 Acre Lot
  • Deck
  • Main Floor Primary Bedroom
  • Wickham Elementary School Rated A
  • Recreation Room
  • Solarium

About This Home

As of April 2020

Immaculate 4 bedroom ranch located in the highly desirable Forest Gate neighborhood! Enjoy time in your front sun room, 3 seasons room, balcony or patio! LL walks out to patio with new custom built concrete bench & opens up to your serene wooded lot. All walls, closets, ceilings, doors & trim have been stylishly repainted! Main level accentuates refinished hardwood floors, new light fixtures & recessed lighting! Kitchen features new back splash, refrigerator, dishwasher & microwave.

Last Agent to Sell the Property

Mark Paterno

Urban Acres Real Estate Listed on: 01/31/2020

Co-Listed By

Ross Nusser

Urban Acres Real Estate Corridor

Last Buyer's Agent

Rita Marcus

Blank & McCune Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,538

Year Built

  • Built in 1998

Lot Details

  • 1.2 Acre Lot
  • Sprinkler System
  • Private Yard

HOA Fees

  • $63 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Brick or Stone Mason
  • Poured Concrete

Interior Spaces

  • Bookcases
  • Tray Ceiling
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Family Room Downstairs
  • Living Room with Fireplace
  • Dining Room
  • Library
  • Recreation Room
  • Bonus Room
  • Solarium
  • Home Gym

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

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

Finished Basement

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

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Community Well
  • Water Softener is Owned
  • Private or Community Septic Tank
  • Internet Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0729127001

Community Details

Overview

  • Association fees include street maintenance, water
  • Built by Boyd Crosby
  • Forest Gate Subdivision

Building Details

  • Security

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,538

Year Built

Built in 1998

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Property Type: SINGLE FAMILY/ACREAGE
  • Total Sq Ft: 3034
  • Homebuilder: Boyd Crosby
  • Owner Name L F Mi: Fontoura-Maia
  • Ownership Type: Single Family
  • Photo Code: Complete
  • Remarks: Bathrooms also feature new light fixtures & mirrors. Furnace room & storage room have been newly dry-walled, painted & new rubber flooring installed. Outdoor garage storage has also been dry-walled. More updated include all new door knobs/handles, water heater ('17) Roof (Sept '19), Washer/dryer, smart thermostat, garage door & motor, custom stair gate, & ample landscaping!
  • Year Built: 1998
  • Subdivision: Forest Gate
  • Directions: 1st Ave/North Liberty Rd to Forest Gate Dr.
  • L O1 Dues Paid: y
  • L O2 Dues Paid: y
  • L O3 Dues Paid: y
  • S O1 Dues Paid: y
  • Amenities: Neighborhood Assoc., Security, Sidewalks, Street Lights, Other
  • Basement Remarks: Poured Concrete, Finished, Full, Walkout
  • Fireplace Type Location: In Living Room, In LL, Gas
  • Interior R: Bookcases, Cable Available, Ceiling-9+ ft, Ceilings-Trey, Foyer-Entrance, Other
  • Kitchen Breakfast R: Breakfast Area, Breakfast Bar, Pantry, Other
  • Lot Description R: 1-2 Acres, Private Backyard, Other
  • Possession R: Negotiable
  • Possible Finance R: Cash, Conventional
  • Remarks2: Immaculate 4 bedroom ranch located in the highly desirable Forest Gate neighborhood! Enjoy time in your front sun room, 3 seasons room, balcony or patio! LL walks out to patio with new custom built concrete bench & opens up to your serene wooded lot. All walls, closets, ceilings, doors & trim have been stylishly repainted! Main level accentuates refinished hardwood floors, new light fixtures & recessed lighting! Kitchen features new back splash, refrigerator, dishwasher & microwave.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cook Top Separate, Dishwasher, Icemaker Line, Microwave, Wall Oven, Refrigerator, Dryer, Satellite Dish, Washer
  • Number Bedrooms Lower: 2
  • Number Bedrooms Main: 2
  • Sq Ft Above: 1973
  • Total Full Baths: 3
  • Bedrooms: 4
  • Total Bathrooms: 3
  • Dining Room Level: Main
  • Family Room Level: Lower
  • Kitchen Level: Main
  • Living Room Level: Main
  • Lower Level Finished Sq Ft: 1061
  • Laundry Location: Laundry Room, Main
  • Mstr Br Level: Main
  • Mstr Br Width: 13
  • Number of Fireplaces: 1
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2

Exterior Features

  • Construction: Brick
  • ExteriorFeatures: Deck, Patio, Sprinkler System, Other

Garage/Parking

  • Parking Spaces: 2 Cars

Utilities

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

Condo/Co-op/Association

  • Association Fee: 750
  • Fees Include: Street Maintenance, Water

Schools

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

Lot Info

  • Acreage: 1.2
  • Geo Subdivision: IA
  • Lot Dimensions: 50,530 SF
  • Zoning: Residential

Tax Info

  • Assessor Parcel Number: 0729127001

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Apr 2, 2020
Sold by
Maia Rodrigo Rocha and Gomes Da Fontoure
Bought by
Abel Edwin George and Connor Abel O
Seller's Agent
Mark Paterno
Urban Acres Real Estate
Buyer's Agent
Rita Marcus
Blank & McCune Real Estate
List Price
$559,900
Sold Price
$540,000
Premium/Discount to List
-$19,900
-3.55%
Current Estimated Value
$699,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,725
Avg. Annual Appreciation
4.80%
Original Mortgage
$432,000
Outstanding Balance
$299,852
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$399,873

Purchase Details

Listed on
Sep 23, 2015
Closed on
Jan 23, 2016
Sold by
Hajianpour Mj and Layeghi Mitra
Bought by
Gomes Maia Rodrigo Rocha and Gomes Da Fontoura Clarissa Souza
Seller's Agent
DEIRDRE CASTLE
Blank & McCune Real Estate
Buyer's Agent
Mark Paterno
Urban Acres Real Estate
List Price
$495,000
Sold Price
$487,500
Premium/Discount to List
-$7,500
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.47%
Original Mortgage
$390,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 4, 2014
Closed on
May 21, 2014
Sold by
Eick James H and Eick Kathleen
Bought by
Hajianpour Mj and Layeghi Mitra
Seller's Agent
Tricia Van Roekel
Urban Acres Real Estate
Buyer's Agent
DEIRDRE CASTLE
Blank & McCune Real Estate
List Price
$485,000
Sold Price
$469,000
Premium/Discount to List
-$16,000
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.30%
Original Mortgage
$328,300
Interest Rate
4.28%
Mortgage Type
New Conventional
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
Abel Edwin George $540,000 None Available
Gomes Maia Rodrigo Rocha $487,500 None Available
Hajianpour Mj $469,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abel Edwin George $432,000
Previous Owner Gomes Maia Rodrigo Rocha $390,000
Previous Owner Hajianpour Mj $328,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2020 04/17/20 Sold $540,000 -3.6% $178 / Sq Ft
03/16/2020 03/16/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $559,900 +14.9% $185 / Sq Ft
02/08/2016 02/08/16 Sold $487,500 -1.5% $161 / Sq Ft View Prior Sale
02/05/2016 02/05/16 Pending -- -- --
09/23/2015 09/23/15 For Sale $495,000 +5.5% $163 / Sq Ft
05/28/2014 05/28/14 Sold $469,000 -3.3% $155 / Sq Ft View Prior Sale
05/01/2014 05/01/14 Pending -- -- --
02/04/2014 02/04/14 For Sale $485,000 -- $160 / 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 $8,538 $718,800 $128,200 $590,600
2024 $8,444 $634,800 $128,200 $506,600
2023 $8,460 $634,800 $128,200 $506,600
2022 $7,970 $554,400 $128,200 $426,200
2021 $8,030 $554,400 $128,200 $426,200
2020 $8,030 $534,100 $128,200 $405,900
2019 $7,768 $498,400 $113,200 $385,200
2018 $7,618 $510,800 $113,200 $397,600
2017 $7,456 $510,800 $113,200 $397,600
2016 $7,188 $499,200 $113,200 $386,000
2015 $7,188 $499,200 $113,200 $386,000
2014 $6,772 $460,200 $103,900 $356,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Iowa City Area Association of REALTORS®

MLS Number: 202000970

Iowa City Area Association of REALTORS®

APN: 0729127001