Large Location Icon

540 Forest Dr; Cedar Rapids, IA Property Details

540 Forest Dr, Cedar Rapids, IA is a Single Family that was built in 1920. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 540 Forest Dr has 5 bedrooms, and 2.25 bathrooms, and a total of 1,766 square feet. The lot size of 540 Forest Dr is 8,232 square feet.

Off market
540 Forest Dr SE Cedar Rapids, IA 52403
$209,000 Estimated Value
5 Beds
2.25 Baths
1,766 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1920
  • Purchase Price: $22,000
  • Open Loans / Balance: 1 / $81,747
  • Est. Equity / %: $153,253 / 65.21%
  • Gross Yield: 10.146%
  • APN: 14233-78015-00000
  • Situs County: Linn
  • Length Of Ownership: 16 years

Rooms

  • Bedrooms: 5
  • Bathrooms: 2.25
  • Full Bathrooms: 1
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Tile
  • Stories: 1.5
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,766/SqFt
  • Lot: 8,232/SqFt
  • Gross: 2,726/SqFt
  • Living: 1,766/SqFt
  • Basement: 960/SqFt
  • Building: 2,726/SqFt
  • Ground: 1,766/SqFt
  • Price Per Square Foot: $12.46

Legal Description

  • Description: VERNON HEIGHTS 7TH STR/LB 12 32
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Cedar Rapids Community School District
  • Lat / Lon: 41.97864 / -91.632866
  • Subdivision: Vernon Heights 7th
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4235
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

540 Forest Dr SE has no associated ownership info
540 Forest Dr SE has no associated ownership info.

Taxes

540 Forest Dr SE has 10 associated Taxes items

540 Forest Dr, Cedar Rapids, IA pays taxes in Linn County, IA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $209,000. The APN we've located for 540 Forest Dr is 14233-78015-00000.

Unlock the full report
Taxes
  • Assessed Value:  $209,000
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14233-78015-00000
  • Assessed Land Value:  44600
  • Market Land Value:  44600
  • Tax Amount:  3122
  • Tax Year:  2024
  • Market Value:  209000
  • Market Year:  2025

Tax History

540 Forest Dr SE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $209,000 Land Value $44,600 Improvement Value $164,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $200,200 Land Value $42,000 Improvement Value $158,200 Tax Amount $3,122 Change Rate +0.02765% Assessed CR Tax Rate +0.015594%
Year 2023 Assessed Value $186,900 Land Value $39,400 Improvement Value $147,500 Tax Amount $3,038 Change Rate -0.99% Assessed CR Tax Rate +0.016255%
Year 2022 Assessed Value $152,900 Land Value $34,100 Improvement Value $118,800 Tax Amount $303,800 Change Rate +104.19391% Assessed CR Tax Rate +1.98692%
Year 2021 Assessed Value $148,400 Land Value $34,100 Improvement Value $114,300 Tax Amount $2,888 Change Rate +0.015471% Assessed CR Tax Rate +0.019461%
Year 2020 Assessed Value $137,500 Land Value $26,300 Improvement Value $111,200 Tax Amount $2,844 Change Rate +0.028944% Assessed CR Tax Rate +0.020684%
Year 2019 Assessed Value $134,200 Land Value $26,300 Improvement Value $107,900 Tax Amount $2,764 Change Rate +0.050951% Assessed CR Tax Rate +0.020596%
Year 2018 Assessed Value $134,200 Land Value $26,300 Improvement Value $107,900 Tax Amount $2,630 Change Rate Assessed CR Tax Rate +0.019598%
Year 2017 Assessed Value $139,500 Land Value $26,300 Improvement Value $113,200 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $136,900 Land Value $26,300 Improvement Value $110,600 Tax Amount $2,909.33 Change Rate -0.031892% Assessed CR Tax Rate +0.021251%
Year 2015 Assessed Value $141,231 Land Value $26,250 Improvement Value $114,981 Tax Amount $3,005.17 Change Rate +0.065663% Assessed CR Tax Rate +0.021278%
Year 2014 Assessed Value $141,231 Land Value $26,250 Improvement Value $114,981 Tax Amount $2,820 Change Rate +0.023222% Assessed CR Tax Rate +0.019967%
Year 2013 Assessed Value $141,231 Land Value $26,250 Improvement Value $114,981 Tax Amount $2,756 Change Rate Assessed CR Tax Rate +0.019514%