NOT LISTED FOR SALE

502 Forest Dr SE Cedar Rapids, IA 52403

Vernon Heights Neighborhood

Estimated Value: $192,000 - $216,000

3 Beds
1 Bath
1,541 Sq Ft
$132/Sq Ft Est. Value

About This Home

This home is located at 502 Forest Dr SE, Cedar Rapids, IA 52403 and is currently estimated at $203,431, approximately $132 per square foot. 502 Forest Dr SE is a home located in Linn County with nearby schools including Grant Wood Elementary School, Summit Elementary School, and McKinley STEAM Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2001
Sold by
Nicholson Christine L
Bought by
Jones Eric W and Jones Melissa R Hill
Current Estimated Value
$203,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,800
Interest Rate
7.02%

Purchase Details

Closed on
Mar 8, 1999
Sold by
Petrzelka Matthew J and Petrzelka Elizabeth G
Bought by
Nicholson Christine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Jones Eric W $103,500 --
Nicholson Christine L $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Eric W $98,800
Previous Owner Nicholson Christine L $78,000
Source: Public Records

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 $2,894 $182,900 $44,600 $138,300
2024 $3,056 $175,100 $42,000 $133,100
2023 $3,056 $163,500 $39,400 $124,100
2022 $2,914 $144,900 $34,100 $110,800
2021 $2,866 $140,700 $34,100 $106,600
2020 $2,866 $129,900 $26,300 $103,600
2019 $2,626 $121,800 $26,300 $95,500
2018 $2,552 $121,800 $26,300 $95,500
2017 $2,580 $118,500 $26,300 $92,200
2016 $2,466 $116,000 $26,300 $89,700
2015 $2,466 $115,886 $26,250 $89,636
2014 $2,466 $115,886 $26,250 $89,636
2013 $2,414 $115,886 $26,250 $89,636
Source: Public Records

Map

Iowa Linn County Cedar Rapids 52403 Vernon Heights

502 Forest Dr SE, Cedar Rapids, IA

Not Listed for Sale

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