NOT LISTED FOR SALE

507 Forest Dr SE Cedar Rapids, IA 52403

Vernon Heights Neighborhood

Estimated Value: $202,000 - $230,707

3 Beds
2 Baths
1,976 Sq Ft
$108/Sq Ft Est. Value

Last Sold April 23, 2012

Last sale price $115,000 $58 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,476/month

240 Days on Market

Highlights

  • Den
  • Eat-In Kitchen
  • Patio
  • 2 Car Detached Garage
  • Forced Air Cooling System
  • Family Room

About This Home

As of April 2012

STEP INSIDE THIS CENTRAL STAIRCASE HOME AND LET YOUR EYES TAKE YOU TO ALL THE BEAUTIFUL NATURAL WOODWORK AND REFINISHED HARDWOOD FLOORS. RETREAT TO THE LARGE FORMAL LIVING ROOM WITH THE WARM AND COZY GAS FIREPLACE THEN CHECK OUT THE SUNPORCH THAT WOULD MAKE A GREAT HOME OFFICE. FORMAL DINING ALSO FOR ALL THE FAMILY AND HOLIDAY DINNERS & BUILT IN BUFFET. EAT IN KITCHEN IS BRIGHT & HAS A WINDOW SEAT TO SEE THE BEAUTIFUL VIEWS FROM LARGE BACKYARD WITH MATURE TREES & NEW LANDSCAPING. UPSTAIRS ARE BEDROOMS AND ANOTHER SUN PORCH TO MAKE YOU FEEL LIKE YOUR OWN PRIVATE TREEHOUSE. COMPLETE WITH UPDATED BATH THAT STILL MAINTAINS THE HISTORY OFTHIS STUNNING HOME. THE LOWER LEVEL HAS JUST BEEN COMPLETED FOR AN ADDITIONAL FAMILY ROOM/ GAME ROOM WITH ITS OWN UPDATED FULL BATH. ENOUGH ROOM FOR THE WHOLE FAMILY. 2012 NEW ROOF

Last Agent to Sell the Property

Barry Frink

Pinnacle Realty LLC Listed on: 07/19/2011

Pinnacle Realty LLC

Co-Listed By

Brooke Zrudsky

Pinnacle Realty LLC

Pinnacle Realty LLC

Last Buyer's Agent

Brooke Zrudsky

Pinnacle Realty LLC

Pinnacle Realty LLC

Home Details

Home Type

  • Single Family

Year Built

  • 1918

Lot Details

  • Lot Dimensions are 50 x 140

Parking

  • 2 Car Detached Garage

Home Design

  • Frame Construction

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Family Room
  • Living Room with Fireplace
  • Den
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Outdoor Features

  • Patio
  • Storage Shed

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Home Details

Home Type

Single Family

Year Built

1918

Lot Details

0

Listing Details

  • Style: 2 Stories, Over 2 Stories
  • Above Grade Finished Sq Ft: 1736
  • Total Bathrooms: 2.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2922
  • List User Cell Phone: 319-651-9624
  • Low Lvl Fin Sq Ft: 240
  • Miscellaneous: Cable Ready, Patio, Storage Shed
  • Net Tax: 2922
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.88530
  • Ratio Close Price By Original Li: 0.85248
  • Ratio Current Price By Sq Ft: 66.24
  • Total Sq Ft: 1976
  • Tax Roll Number: 142333401300000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1918

Interior Features

  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Additional Room: 1st Floor Family, Den/Study
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 2
  • Bedrooms Level 2: 3
  • Fireplace Features: Built In, Gas, Living Room
  • Level 1 Full Bathrooms: 1
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Detached
  • Garage Size: 2 CAR

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: Grant Wood
  • Middle School: McKinley
  • High School: Washington

Lot Info

  • Lot Size: 50 X 140

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2011
Closed on
Apr 23, 2012
Sold by
Skogman Construction Company Of Iowa
Bought by
Heck Matthew A
Seller's Agent
Barry Frink
Pinnacle Realty LLC
Buyer's Agent
Brooke Zrudsky
Pinnacle Realty LLC
List Price
$134,900
Sold Price
$115,000
Premium/Discount to List
-$19,900
-14.75%
Current Estimated Value
$212,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,677
Avg. Annual Appreciation
4.76%
Original Mortgage
$97,750
Outstanding Balance
$70,758
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$141,919

Purchase Details

Closed on
Dec 18, 2009
Sold by
Brockschink William F and Brockschink Jill J
Bought by
Skogman Construction Company Of Iowa

Purchase Details

Closed on
Jul 13, 2006
Sold by
Benson Kenneth D and Benson Doralyn A
Bought by
Brockschink William F and Brockschink Jill J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Heck Matthew A $115,000 None Available
Skogman Construction Company Of Iowa $148,500 None Available
Brockschink William F $154,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heck Matthew A $97,750
Previous Owner Brockschink William F $30,000
Previous Owner Brockschink William F $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2012 04/23/12 Sold $115,000 -14.8% $58 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
07/19/2011 07/19/11 For Sale $134,900 -- $68 / Sq Ft
Source: Cedar Rapids 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
2023 $3,628 $189,600 $37,500 $152,100
2022 $3,456 $172,000 $32,500 $139,500
2021 $3,390 $166,800 $32,500 $134,300
2020 $3,390 $153,600 $25,000 $128,600
2019 $3,226 $149,700 $25,000 $124,700
2018 $3,138 $149,700 $25,000 $124,700
2017 $2,940 $147,400 $25,000 $122,400
2016 $2,940 $138,300 $25,000 $113,300
2015 $3,092 $145,305 $25,000 $120,305
2014 $3,092 $145,305 $25,000 $120,305
2013 $3,026 $145,305 $25,000 $120,305
Source: Public Records

Agents Affiliated with this Home

  • Barry Frink

    Seller's Agent in 2012

    Barry Frink

    Pinnacle Realty LLC

    (319) 651-9624

    5 in this area

    217 Total Sales

    Barry Frink
    Section Image
  • Brooke Zrudsky

    Seller Co-Listing Agent in 2012

    Brooke Zrudsky

    Pinnacle Realty LLC

    (319) 899-2565

    4 in this area

    196 Total Sales

    Brooke Zrudsky
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1105123

Cedar Rapids Area Association of REALTORS®

APN: 14233-34013-00000

Iowa Linn County Cedar Rapids 52403 Vernon Heights

507 Forest Dr SE, Cedar Rapids, IA

This home is located at 507 Forest Dr SE, Cedar Rapids, IA 52403 since 19 July 2011 and is currently estimated at $212,677, approximately $107 per square foot. This property was built in 1918. 507 Forest Dr SE is a home located in Linn County with nearby schools including Grant Wood Elementary School, McKinley STEAM Academy, and George Washington High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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