NOT LISTED FOR SALE

406 Forest Ave Forest City, IA 50436

Estimated Value: $124,000 - $181,000

3 Beds
1.5 Baths
1,496 Sq Ft
$102/Sq Ft Est. Value

Last Sold February 28, 2013

Last sale price $34,000 $23 Per Sq Ft

Est. 348% increase in value since last sale

Current estimated payment $957/month

209 Days on Market

Highlights

  • Den
  • Detached Garage
  • Living Room
  • Forest City Middle School Rated A-
  • Building Patio
  • Central Air

About This Home

As of February 2013

Check out this 3 bedroom 2 story home situated on a corner lot. Offers a rear patio & detached 2 car garage also. There's work to do, but offered a price that's sure to please. This is a Fannie Mae HomePath property. This property is approved for HomePath Renovation Financing and can be purchased for as little as 3% down. Contact Matt Wolff at Lake-IOWA REALTY for more details. Please call 641.357.7990 or email Matt@MoveWithMatt.com

Last Agent to Sell the Property

Matt Wolff

Lake-Iowa Realty Listed on: 06/21/2012

Lake-Iowa Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 60' x 105'

Parking

  • Detached Garage

Interior Spaces

  • 1,496 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Range Hood
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Partial Basement
  • Sump Pump

Utilities

  • Central Air

Community Details

  • Building Patio
  • Community Deck or Porch

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Single Family
  • Copyright Remarks: Yes
  • Municipality: Forest City
  • Year Built: 1950
  • OFFICELIST_ADDRESS: 406 Forest Avenue
  • Distribute To Internet: Yes
  • Listing Entry Date Time: 2012-06-21
  • List Office I D: 1003
  • M L Number Foreign: NCIR61019352
  • Sales Office I D: 1
  • Selling Agent: 1
  • Share Listings With: CoreLogic Listing License, Realtor.com, Homes.com, Broker Reciprocity, RPR Listing License
  • Street Designation: Avenue
  • Building Style: 2 Story
  • Bedroom 1 Level: Upper
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Exhaust Fan/Hood, Disposal
  • Fireplaces: 1
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bedroom 4: No
  • Total Bathrooms: 2
  • Basement: Partial, Sump Pump
  • Half Bathrooms: 1
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Kitchen Dim: 11 x 16
  • Kitchen Level: Main
  • Living Room: Living Room
  • Room 1: Den
  • Room 2: Bathroom
  • Room 3: Bathroom
  • Price Per S Q F T: 22.73
  • Above Grade Finished Sq Ft: 1496
  • Fireplace Chars: Wood Burning
  • Room Types: Dining Room, Extra Room 1, Extra Room 2, Extra Room 3, Extra Room 4, Extra Room 5, Extra Room 6, Family Room, Bedroom 1, Bedroom 4, Kitchen, Living Room, Bedroom 2, Bedroom 3
  • Bedroom 2 Level: Upper
  • Bedroom 3 Level: Upper
  • Dining Room Level: Main
  • Extra Room1 Level: Lower
  • Extra Room2 Level: Main
  • Extra Room3 Level: Upper
  • Family Room Level: Main
  • Living Room Level: Main

Garage/Parking

  • Description: Detached Garage

Utilities

  • Air Conditioner: Central
  • Sewer: City Sewer/Connected
  • Water: City Water/Connected

Condo/Co-op/Association

  • Amenities: Patio

Fee Information

  • Tax Class: SINGLE FAMILY

Schools

  • School District: Forest City

Lot Info

  • New Develop: No
  • Acres: 0.14
  • Lot Dimensions: 60' X 105'
  • Lot Size Sq Ft: 6098
  • Lot Size Units: Acres
  • Map Letter: A1

Green Features

  • Certification: No

Rental Info

  • Rental License: No

Tax Info

  • Tax With Assessments: 1850.76
  • Gross Taxes: 1730

MLS Schools

  • School District: 2295 - Forest City
  • School District Name: Forest City

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2012
Closed on
Feb 26, 2013
Sold by
Federal National Mortgage Association
Bought by
Co Fo Properties Llc
Seller's Agent
Matt Wolff
Lake-Iowa Realty
List Price
$46,900
Sold Price
$34,000
Premium/Discount to List
-$12,900
-27.51%
Current Estimated Value
$152,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$118,423
Avg. Annual Appreciation
12.87%
Original Mortgage
$34,500
Outstanding Balance
$24,707
Interest Rate
3.49%
Mortgage Type
New Conventional
Estimated Equity
$129,664

Purchase Details

Closed on
Aug 17, 2006
Sold by
Ryerson Jay E and Ryerson Sara A
Bought by
Gremmer Teresa and Gremmer Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,000
Interest Rate
6.78%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Co Fo Properties Llc -- None Available
Gremmer Teresa $83,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fo Properties $12,000
Open Co Fo Properties Llc $34,500
Previous Owner Gremmer Teresa $14,859
Previous Owner Gremmer Teresa $83,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2013 02/28/13 Sold $34,000 -27.5% $23 / Sq Ft
01/16/2013 01/16/13 Pending -- -- --
06/21/2012 06/21/12 For Sale $46,900 -- $31 / Sq Ft
Source: NoCoast MLS

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 $1,520 $82,770 $15,070 $67,700
2023 $1,384 $82,770 $15,070 $67,700
2022 $1,246 $62,000 $15,790 $46,210
2021 $1,252 $62,000 $15,790 $46,210
2020 $1,246 $59,050 $15,040 $44,010
2019 $1,248 $56,230 $0 $0
2018 $1,250 $56,230 $0 $0
2017 $1,210 $51,840 $0 $0
2016 $1,146 $51,840 $0 $0
2015 $1,146 $49,370 $0 $0
2014 $1,032 $49,370 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: NoCoast MLS

MLS Number: NOC5437330

NoCoast MLS

APN: 1136151004