NOT LISTED FOR SALE

516 Forest Dr SE Cedar Rapids, IA 52403

Vernon Heights Neighborhood

Estimated Value: $185,000 - $218,000

3 Beds
1 Bath
1,440 Sq Ft
$140/Sq Ft Est. Value

Last Sold July 16, 2014

Last sale price $103,000 $72 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,365/month

4 Days on Market

Highlights

  • Living Room with Fireplace
  • 4 Car Detached Garage
  • Forced Air Cooling System
  • Formal Dining Room
  • Tandem Parking
  • Fenced

About This Home

As of July 2014

With a little TLC, this can be a fantastic home! The charm and curb appeal is already there! It has a large living room with wood-burning fireplace, a formal dining room, a nice 4-seasons room, and a fenced-in yard. What makes this house unlike the others on the block is the HUGE garage and shop space... talk about a hobbyist's dream! Property is being sold "as-is" and is being sold by the POA who has never lived there. All appliances are included but not warranted.

Last Agent to Sell the Property

Julie Dancer

LEPIC-KROEGER CORRIDOR, REALTORS Listed on: 06/16/2014

LEPIC-KROEGER CORRIDOR, REALTORS

Co-Listed By

Molly Trimble

LEPIC-KROEGER CORRIDOR, REALTORS

Last Buyer's Agent

Bill Williamson

SKOGMAN REALTY

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Year Built

  • 1920

Lot Details

  • Lot Dimensions are 50 x 165
  • Fenced

Home Design

  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,440 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 4 Car Detached Garage
  • Tandem Parking

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Year Built

1920

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1440
  • Total Bathrooms: 1.00
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Formal Dining
  • Gross Tax: 2656
  • List User Cell Phone: 319-310-5522
  • Miscellaneous: Fencing
  • Net Tax: 2656
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.93722
  • Ratio Close Price By Original Li: 0.93722
  • Ratio Current Price By Sq Ft: 71.53
  • Total Sq Ft: 1440
  • Tax Roll Number: 142337800300000
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1920

Interior Features

  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator, Water Heater – Gas
  • Additional Room: Living Room
  • Basement: Block, Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Wood Burning, Living Room
  • Level 2 Full Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 4 Or More Cars, Detached, Tandem

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 165

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2014
Closed on
Jul 16, 2014
Sold by
Bonney D Michael and Schwartz Rebecca E
Bought by
Rollinger Jay V and Rollinger Annette
Seller's Agent
Julie Dancer
LEPIC-KROEGER CORRIDOR, REALTORS
Buyer's Agent
Bill Williamson
SKOGMAN REALTY
List Price
$109,900
Sold Price
$103,000
Premium/Discount to List
-$6,900
-6.28%
Current Estimated Value
$202,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,060
Avg. Annual Appreciation
6.11%
Original Mortgage
$135,600
Outstanding Balance
$91,767
Interest Rate
4.12%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$108,223
Source: Public Records

Range of Values:

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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
Rollinger Jay V $103,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rollinger Jay V $135,600
Previous Owner Bonney D Michael $62,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2014 07/16/14 Sold $103,000 -6.3% $72 / Sq Ft
06/20/2014 06/20/14 Pending -- -- --
06/16/2014 06/16/14 For Sale $109,900 -- $76 / 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
2024 $3,572 $210,500 $42,000 $168,500
2023 $3,572 $196,400 $39,400 $157,000
2022 $3,404 $169,400 $34,100 $135,300
2021 $3,376 $164,300 $34,100 $130,200
2020 $3,376 $153,000 $26,300 $126,700
2019 $3,216 $149,200 $26,300 $122,900
2018 $3,128 $149,200 $26,300 $122,900
2017 $2,968 $148,700 $26,300 $122,400
2016 $2,968 $139,600 $26,300 $113,300
2015 $3,053 $143,501 $26,250 $117,251
2014 $2,868 $143,501 $26,250 $117,251
2013 $2,907 $143,501 $26,250 $117,251
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Julie Dancer

    LEPIC-KROEGER CORRIDOR, REALTORS

    Section Image
  • Molly Trimble

    Seller Co-Listing Agent in 2014

    Molly Trimble

    LEPIC-KROEGER CORRIDOR, REALTORS

    (319) 430-8661

    170 Total Sales

    Molly Trimble
    Section Image

  • B

    Buyer's Agent in 2014

    Bill Williamson

    SKOGMAN REALTY

    (319) 350-8888

    3 Total Sales

    Bill Williamson
    Section Image
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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1404188

Cedar Rapids Area Association of REALTORS®

APN: 14233-78003-00000

Iowa Linn County Cedar Rapids 52403 Vernon Heights

516 Forest Dr SE, Cedar Rapids, IA

This home is located at 516 Forest Dr SE, Cedar Rapids, IA 52403 since 16 June 2014 and is currently estimated at $202,060, approximately $140 per square foot. This property was built in 1920. 516 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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