NOT LISTED FOR SALE

508 Forest Dr SE Cedar Rapids, IA 52403

Vernon Heights Neighborhood

Estimated Value: $197,000 - $231,553

3 Beds
1.5 Baths
1,742 Sq Ft
$122/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2016

Last sale price $119,500 $69 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,439 / mo

62 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Eat-In Kitchen
  • Forced Air Cooling System
  • 1 Car Detached Garage

About This Home

As of August 2016

Estate, no property disclosure. Well built and maintained home. Newer windows, maintenance free siding, wood floors on the main floor, tile floors in the bathroom and kitchen. The upstairs features one spacious bedroom with knotty pine paneling and many built-ins. Nice large level rear lot with space for gardening. A nice patio between the garage and the rear of the house. Property being sold as "as is condition"

Last Agent to Sell the Property

Luann Steenhoek

IOWA REALTY Listed on: 05/13/2016

Last Buyer's Agent

Ben Gatton

PRK Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,761

Year Built

  • 1969

Lot Details

  • Lot Dimensions are 50 x 165

Parking

  • 1 Car Detached Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Aluminum Siding

Interior Spaces

  • 1.5-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Range

Bedrooms and Bathrooms

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

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,761

Year Built

1969

Lot Details

0 Sq Ft Lot

Listing Details

  • Style: 1.5 Story
  • Above Grade Finished Sq Ft: 1358
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Eat-In Kitchen
  • Gross Tax: 2761
  • List User Cell Phone: 319-551-4909
  • Low Lvl Fin Sq Ft: 384
  • Miscellaneous: Cable Ready
  • Net Tax: 2576
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97234
  • Ratio Close Price By Original Li: 0.97234
  • Ratio Current Price By Sq Ft: 88.00
  • Total Sq Ft: 1742
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1969

Interior Features

  • Appliances Included: Range, Water Heater – Gas
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 2
  • Bedrooms Level 2: 1
  • Level 1 Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Aluminum

Garage/Parking

  • Garage/Parking: 1 Car, Detached

Utilities

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

Lot Info

  • Lot Size: 50 X 165

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2016
Closed on
Aug 17, 2016
Sold by
Bought by
Seller's Agent
Luann Steenhoek
IOWA REALTY
Buyer's Agent
Ben Gatton
PRK Williams Realty
List Price
$122,900
Sold Price
$119,500
Premium/Discount to List
-$3,400
-2.77%
Current Estimated Value
$212,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,138
Avg. Annual Appreciation
5.96%
Original Mortgage
$101,575
Interest Rate
0.0375%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 11, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
0.0622%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
0.0525%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 25, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
0.0562%
Source: Public Records

Range of Values:

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$119,500 None Available
$122,500 --
$84,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $101,575
Previous Owner $96,000
Previous Owner $98,400
Previous Owner $76,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/17/2016 08/17/16 Sold $119,500 -2.8% $69 / Sq Ft
07/14/2016 07/14/16 Pending -- -- --
05/13/2016 05/13/16 For Sale $122,900 -- $71 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,374 $215,400 $44,600 $170,800
2024 $355 $204,300 $42,000 $162,300
2023 $355 $190,700 $39,400 $151,300
2022 $355 $167,200 $34,100 $133,100
2021 $3,222 $162,200 $34,100 $128,100
2020 $3,136 $146,000 $26,300 $119,700
2019 $2,948 $136,800 $26,300 $110,500
2018 $2,868 $136,800 $26,300 $110,500
2017 $2,736 $134,200 $26,300 $107,900
2016 $2,791 $131,300 $26,300 $105,000
2015 $2,606 $129,727 $26,250 $103,477
2014 $2,576 $129,727 $26,250 $103,477
2013 $2,516 $129,727 $26,250 $103,477
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Luann Steenhoek

    IOWA REALTY

    Section Image

  • B

    Buyer's Agent in 2016

    Ben Gatton

    PRK Williams Realty

    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1605279

Cedar Rapids Area Association of REALTORS®

APN: 14233-09012-00000

Iowa Linn County Cedar Rapids 52403 Vernon Heights

508 Forest Dr SE, Cedar Rapids, IA

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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