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1516 Forest Road

1516 Forest Road, Coralville, IA 52241
Property in Coralville
Sold Apr 28, 2022
$394,500
Sold Feb 07, 2017
$265,000
$238,500 by U Of I Community Cu
Mortgage Due Mar 05, 2047
1516 Forest Road has been categorized by the local assessors in Coralville, IA as a residential type of property. The building on the property was first built in 1994 and is 30 years old. The home has a total of 10 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1516 Forest Road has 1,898 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,020 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,350 ft and across the front of the lot is 730 ft. The area measurement of the land has been determined as 9,855 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 495 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a screened porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from none system. The property was last sold in Apr 20, 2022 for $394,500. That's $207.85 per sqft. Prior to that sales transaction, the property was also sold in Feb 1, 2017 for $265,000. 1516 Forest Road was last assessed in 2023. The total value of the property was assessed at $375,900. Specifically, the land the property is located on was valued at $77,900. While improvements on the property were assessed at a total of $298,000. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $6,208. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Aluminum Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Finished improved basement
  • Basement Area: 1,020
  • Garage Type: Attached
  • Garage Square Area: 495
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Screened porch

    Dimensions

  • Lot Size Square Feet: 9,855
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 730
  • Total Building Area: 1,898
  • Gross Building Area: 1,898
  • Building Area: 1,898
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,898
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: None

Building

  • Property Class: Residential
  • Subdivision: ROLLING HILLS SUBDIVISION PART THREE
  • Land Acres: 0.226
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ROLLING HILLS SUBDIVISION PART THREE LOT 67

Ownership

  • Current Owner : HEINEKING LISA MARIE
  • Current Owner 2: PREMINGER CHRISTOPHER LEE
  • Previous Owner : SEAMAN SCOTT C
  • Previous Owner 2: SEAMAN JENNA C
  • Owner Before Previous Owner: ESTATE OF TERESIA M REINSCH
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Iowa City Community School District
  • School Tax School District: IOWA CITY
  • Census Tract: 000305

Geography

  • Assessors Map Reference: PM 731183003
  • Parcel: 0731183003
  • Lot: 67
  • Meridian: SEC 31 TWN 80N RNG 06W
  • Municipality: CORALVILLE
  • Latitude: 41.6953
  • Longitude: -91.5844

    Address

  • Full Address: 1516 Forest Rd
  • Address - House Number: 1516
  • Address - Street Name: Forest
  • Address - Suffix Type: Rd
  • State: IA
  • City Name: Coralville
  • Carrier Code: C061
  • 4-Digit Zip Code: 1068
  • Zip Code: 52241

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,208
  • Tax Rate Code Area: CVI

    Appraisal Valuation

  • Standard Deviation: 0.1249
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 86
  • Final Value: 413,628
  • High Value: 465,329
  • Low Value: 361,928

    Market Valuation

  • Market Total Value: $375,900
  • Market Land Value: $77,900
  • Market Improvement Value: $298,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $375,900
  • Assessed Land Value: $77,900
  • Assessed Improvements Value: $298,000

    Sales

  • Current Sale Contract Date: Apr 20, 2022
  • Current Sale Recording Date: Apr 28, 2022
  • Current Sale Transaction ID: 11887348777
  • Current Sale Price: $394,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Feb 07, 2017
  • Previous Sale Contract Date: Feb 01, 2017
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: U OF I COMMUNITY CU
  • Previous Mortgage Transaction Date: Feb 07, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $238,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 05, 2047

About Coralville



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1253 Foster Rd, IowaCity, IA, 52245

$2,550 /mo

  • 3 Beds
  • 3.5 Baths
  • 1,596 ft²
1253 Foster Rd, IowaCity, IA, 52245 Listing by Adam Pretorius

Frequently Asked Questions

What neighborhood is 1516 Forest Road located in?
The 1516 Forest Road is a located in the neighborhood of Coralville in Coralville, Coralville.
What is the average sales price for listings in 1516 Forest Road?
The average sales price for units in 1516 Forest Road is $0 currently.

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