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556 Forest Dr; Cedar Rapids, IA Property Details

556 Forest Dr, Cedar Rapids, IA is a Single Family that was built in 1921. This property is currently Financed and is not for sale. Our records show that 556 Forest Dr has 3 bedrooms, and 1 bathroom, and a total of 1,771 square feet. The lot size of 556 Forest Dr is 8,232 square feet.

Off market
556 Forest Dr SE Cedar Rapids, IA 52403
$149,000 Listing Price
3 Beds
1 Baths
1,771 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1921
  • Purchase Price: $100,500
  • Est. Equity / %: $235,000 / 100%
  • Gross Yield: 10.591%
  • APN: 14233-78023-00000
  • Situs County: Linn
  • Length Of Ownership: 26 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Floor Cover Type: Hardwood
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Interior Wall Type: Plaster
  • Building Condition: Fair
  • Roof Type: Gambrel
  • Roof Cover Type: Asphalt
  • Deck: true

Measurements

  • Total: 1,771/SqFt
  • Lot: 8,232/SqFt
  • Gross: 2,479/SqFt
  • Living: 1,771/SqFt
  • Basement: 624/SqFt
  • Building: 2,395/SqFt
  • Ground: 1,771/SqFt
  • Price Per Square Foot: $56.75

Legal Description

  • Description: VERNON HEIGHTS 7TH STR/LB 4 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: 41.977554 / -91.632835
  • Subdivision: Vernon Heights 7th
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 4235
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Forced air unit

Ownership Info

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

Taxes

556 Forest Dr SE has 10 associated Taxes items

556 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 $203,300. The APN we've located for 556 Forest Dr is 14233-78023-00000.

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Taxes
  • Assessed Value:  $203,300
  • Assessed Year:  2025
  • Assessed County:  Linn
  • APN:  14233-78023-00000
  • Assessed Land Value:  44600
  • Market Land Value:  44600
  • Tax Amount:  3228
  • Tax Year:  2024
  • Market Value:  203300
  • Market Year:  2025

Tax History

556 Forest Dr SE has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $203,300 Land Value $44,600 Improvement Value $158,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $195,400 Land Value $42,000 Improvement Value $153,400 Tax Amount $3,228 Change Rate -0.081389% Assessed CR Tax Rate +0.01652%
Year 2023 Assessed Value $182,400 Land Value $39,400 Improvement Value $143,000 Tax Amount $3,514 Change Rate -0.99% Assessed CR Tax Rate +0.019265%
Year 2022 Assessed Value $166,600 Land Value $34,100 Improvement Value $132,500 Tax Amount $351,400 Change Rate +105.614075% Assessed CR Tax Rate +2.109244%
Year 2021 Assessed Value $159,100 Land Value $34,100 Improvement Value $125,000 Tax Amount $3,296 Change Rate -0.006031% Assessed CR Tax Rate +0.020717%
Year 2020 Assessed Value $150,300 Land Value $26,300 Improvement Value $124,000 Tax Amount $3,316 Change Rate +0.027261% Assessed CR Tax Rate +0.022063%
Year 2019 Assessed Value $146,600 Land Value $26,300 Improvement Value $120,300 Tax Amount $3,228 Change Rate +0.049415% Assessed CR Tax Rate +0.022019%
Year 2018 Assessed Value $146,600 Land Value $26,300 Improvement Value $120,300 Tax Amount $3,076 Change Rate Assessed CR Tax Rate +0.020982%
Year 2017 Assessed Value $143,000 Land Value $26,300 Improvement Value $116,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $134,300 Land Value $26,300 Improvement Value $108,000 Tax Amount $2,854 Change Rate Assessed CR Tax Rate +0.021251%
Year 2015 Assessed Value $140,855 Land Value $26,250 Improvement Value $114,605 Tax Amount $2,854 Change Rate -0.048032% Assessed CR Tax Rate +0.020262%
Year 2014 Assessed Value $140,855 Land Value $26,250 Improvement Value $114,605 Tax Amount $2,998 Change Rate +0.021813% Assessed CR Tax Rate +0.021284%
Year 2013 Assessed Value $140,855 Land Value $26,250 Improvement Value $114,605 Tax Amount $2,934 Change Rate Assessed CR Tax Rate +0.02083%