NOT LISTED FOR SALE

504 Forrest Rd Cedar Falls, IA 50613

Estimated Value: $183,000 - $246,000

3 Beds
1.5 Baths
1,852 Sq Ft
$110/Sq Ft Est. Value

Last Sold August 05, 2021

Last sale price $132,700 $72 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,301/month

44 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Patio
  • Holmes Junior High School Rated A-
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of August 2021

3 bedroom with bonus rooms up. New Roof 2018, New Furnace 2015, New central air 2016, 13 new windows on main level 2020, insulated exteriors walls 2021. Sun porch. Long time rental property. Selling "as Is". Measurements are approximate. Garage door opener does not work. Rental since 1988. Basement is old and exterior needs landscaping for drainage away from the house. Downspouts need to be on and eves cleaned. DO NOT OPEN THE DOOR TO BASEMENT FROM THE PATIO. SELLER IS THE LISTING AGENT!!.

Last Agent to Sell the Property

Mary E Muller

Muller Real Estate License #B22893000 Listed on: 05/09/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,388

Year Built

  • Built in 1929

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 82x132
  • Corner Lot
  • Sloped Lot
  • Property is zoned R-2

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,852 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • Stone Basement
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level
  • Washer and Gas Dryer Hookup

Schools

  • Lincoln Elementary Cf
  • Holmes Junior High
  • Cedar Falls High School

Additional Features

  • Patio
  • Forced Air Heating and Cooling System

Community Details

  • Theimers Acres Se 1/4 Lot 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 891402455008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,388

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Parcel Number: 891402455008
  • Year Built: 1929
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Dryer Hookup-Gas, Lower Level, Washer Hookup
  • ResoLotFeatures: Corner Lot, Sloped
  • Lot Size Acres: 0.252
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 651-295-3538
  • MLS Status: Closed
  • Subdivision Name: Theimers Acres SE 1/4 lot 1
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan(s), Ceiling Fan/Light, Hardwood Floors
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 1852
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector
  • Basement: Block, Floor Drain, Stone/Rock
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • BelowGradeArea: 1152

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Patio

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Lincoln Elementary CF
  • High School: Cedar Falls High
  • Middle Or Junior School: Holmes Junior High

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 82x132
  • Lot Size Sq Ft: 11956
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2388.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2021
Closed on
Aug 5, 2021
Sold by
Muller James E and Muller Mary E
Bought by
Shuey Douglas A
Seller's Agent
Mary E Muller
Muller Real Estate
List Price
$156,900,000
Sold Price
$132,700
Premium/Discount to List
-$156,767,300
-99.92%
Current Estimated Value
$204,058

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,358
Avg. Annual Appreciation
11.22%
Original Mortgage
$106,160
Outstanding Balance
$99,062
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$105,295
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
Shuey Douglas A $132,700 Title Services Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shuey Douglas A $106,160
Closed Shuey Douglas A $26,540
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2021 08/05/21 Sold $132,700 -9.0% $72 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/01/2021 06/01/21 Price Changed $145,900 -2.7% $79 / Sq Ft
05/24/2021 05/24/21 Price Changed $150,000 +2.1% $81 / Sq Ft
05/13/2021 05/13/21 Price Changed $146,900 -6.4% $79 / Sq Ft
05/09/2021 05/09/21 Price Changed $156,900 -99.9% $85 / Sq Ft
05/09/2021 05/09/21 For Sale $156,900,000 -- $84,719 / Sq Ft
Source: Northeast Iowa Regional Board 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 $2,282 $156,440 $34,570 $121,870
2023 $2,320 $156,440 $34,570 $121,870
2022 $2,508 $134,590 $34,570 $100,020
2021 $2,436 $134,250 $34,570 $99,680
2020 $2,388 $130,850 $24,400 $106,450
2019 $2,388 $130,850 $24,400 $106,450
2018 $2,418 $130,850 $24,400 $106,450
2017 $2,470 $130,850 $24,400 $106,450
2016 $2,312 $130,850 $24,400 $106,450
2015 $2,399 $130,850 $24,400 $106,450
2014 $2,252 $126,010 $24,400 $101,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20211930

Northeast Iowa Regional Board of REALTORS®

APN: 8914-02-455-008