$245,000
SOLD JUL 23, 2026
2 Beds
1 Bath
1,445 Sq Ft
0.5 Acre Lot

Sale Details

Date Sold: July 23, 2026

$170 Per Sq Ft

8% Below List Price

46 Days on Market

Highlights

  • 0.5 Acre Lot
  • Wooded Lot
  • Fireplace
  • Holmes Junior High School Rated A-
  • Vaulted Ceiling
  • Patio

About This Home

As of July 2026

One of a kind, tucked beneath a canopy of mature trees in the heart of Cedar Falls, this unique property blends architectural character, warmth, and modern updates in a setting that feels more like a private retreat than an in-town residence. Vaulted ceilings, rich wood detailing, exposed beams, and a bird's eye view loft overlooking the main living space create a striking interior filled with personality and natural light. The thoughtfully updated kitchen features butcher block countertops, painted cabinetry, open shelving, and functional workspace with views into the home’s peaceful outdoor spaces. Designed with comfort and flexibility in mind, the home also offers convenient main-floor living. A brick fireplace anchors the living area, while expansive windows throughout the home bring the outdoors in. The flexible loft provides ideal space for a reading nook, home office, studio, or additional lounge area and the sun room serves as the perfect spot for morning coffee or evening relaxation. Outside, enjoy a brick courtyard patio, covered carport with screened detail, storage shed, and beautifully established trees that create privacy and atmosphere rarely found within city limits. With its distinctive design, inviting spaces, and unforgettable setting, 516 Forrest Rd offers a rare opportunity to own a truly unique Cedar Falls property.

Last Agent to Sell the Property

Kelsey Jorgensen

Vine Valley Real Estate License #S68582 Listed on: 05/08/2026

Last Buyer's Agent

Jennifer Lakin

Structure Real Estate License #S66105

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,974

Year Built

  • Built in 1949

Lot Details

  • 21,780 Sq Ft Lot
  • Lot Dimensions are 165x132
  • Wooded Lot

Parking

  • Carport

Home Design

  • Slab Foundation
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 1,445 Sq Ft Home
  • Vaulted Ceiling
  • Fireplace

Kitchen

  • Free-Standing Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • North Cedar Elementary School
  • Holmes Junior High
  • Cedar Falls High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • Theimers Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 891402455004

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,974

Year Built

Built in 1949

Lot Details

0.5 Acres

Listing Details

  • Parcel Number: 891402455004
  • Year Built: 1949
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor
  • ResoLotFeatures: Wooded
  • Lot Size Acres: 0.5
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-249-5468
  • MLS Status: Closed
  • Subdivision Name: THEIMERS ACRES
  • Reso Fireplace Features: One, Wood Burning
  • Reso Roof: Membrane
  • TotalFinishedSquareFootage: 1445
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Free-Standing Range, Refrigerator, Washer
  • Basement: Slab
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • BelowGradeArea: 0

Exterior Features

  • Construction Type: Block
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Carport

Utilities

  • Cooling: Wall Unit(s), Window Unit(s)
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: North Cedar Elementary
  • High School: Cedar Falls High
  • Middle Or Junior School: Holmes Junior High

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 165x132
  • Lot Size Sq Ft: 21780
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1974

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 8, 2026
Closed on
Jul 17, 2026
Sold by
Goetsch and Wendi
Bought by
Seller's Agent
Kelsey Jorgensen
Vine Valley Real Estate
Buyer's Agent
Jennifer Lakin
Structure Real Estate
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%
Views
163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-16.48%
Original Mortgage
$240,562
Outstanding Balance
$240,345
Interest Rate
6.52%
Mortgage Type
FHA
Estimated Equity
-$1,876

Purchase Details

Listed on
Sep 12, 2025
Closed on
Oct 9, 2025
Sold by
Hartz James D
Bought by
Goetsch Nathan and Goetsch Wendi
Seller's Agent
Diane Litton
Oakridge Real Estate
Buyer's Agent
Kelsey Jorgensen
Vine Valley Real Estate
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%
Views
73

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
103.07%

Purchase Details

Closed on
Apr 3, 2009
Sold by
Estate Of Edward F Wagner
Bought by
Hartz James D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,155
Interest Rate
5.19%
Mortgage Type
New Conventional
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Cedar Falls, IA

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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 Type Sale Price Title Company
Warranty Deed $140,000 Title Services
Legal Action Court Order $95,000 None Available
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 Loan Amount Loan Type
Previous Owner $90,155 New Conventional
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 Prior Sale
07/23/2026 07/23/26 Sold $245,000 -1.2% $170 / Sq Ft
06/23/2026 06/23/26 Pending -- -- --
06/18/2026 06/18/26 Price Changed $248,000 -6.4% $172 / Sq Ft
05/08/2026 05/08/26 For Sale $265,000 +89.3% $183 / Sq Ft
10/09/2025 10/09/25 Sold $140,000 -9.7% $97 / Sq Ft View Prior Sale
09/19/2025 09/19/25 Pending -- -- --
09/12/2025 09/12/25 For Sale $155,000 -- $107 / Sq Ft
Source: Northeast Iowa Regional Board 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 $2,118 $166,570 $58,420 $108,150
2024 $1,974 $146,610 $58,420 $88,190
2023 $2,276 $146,610 $58,420 $88,190
2022 $2,302 $132,200 $58,420 $73,780
2021 $2,074 $132,200 $58,420 $73,780
2020 $2,030 $120,020 $41,230 $78,790
2019 $2,030 $120,020 $41,230 $78,790
2018 $2,056 $120,020 $41,230 $78,790
2017 $2,106 $120,020 $41,230 $78,790
2016 $1,966 $120,020 $41,230 $78,790
2015 $1,966 $120,020 $41,230 $78,790
2014 $1,896 $114,810 $41,230 $73,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20261956

Northeast Iowa Regional Board of REALTORS®

APN: 8914-02-455-004

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