For sale

Price cut: $3.9K (8/29)

$246,000

516 Forest Dr SE, Cedar Rapids, IA 52403

3beds

1,440sqft

$1,806/mo

Get pre-qualified

Single Family Residence

Built in 1920

8,232 Square Feet Lot

$241,500 Zestimate^®

$171/sqft

$-- HOA

What's special

Updated flooringNew windowsFresh paintLarge linen closetFront sunroom

HUGE GARAGE!!!Updated 1920s Character + Massive garage.!Move right into this charming2-story featuring modern family updates and an incredible 1,232 sq ft dream garage.Enjoy peace of mind with new windows, fresh paint and updated flooring.The main level welcomes you with a front sunroom, a cozy living room with classic built ins and fireplace, a formal dining room with hardwood floors kitchen with plenty of counter space and a family room in the back. Upstairs 3 bedrooms all have hardwood floors. The bathroom complete with a walk-in shower, a soaking tub, and a large linen closet.Fully fenced backyard is perfect for kids and pets backing directly up to the schools soccer field.The true show-stopper is the massive 4-car detached garage, which includes a rear workshop space ready for a heater. Need more space? Simply remove the workshop wall to easily fit up to 6 vehicles! This is rare find wont last! Call today to see

32 days
1,790
133

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Rooms

Room types: Four Season, Living Room

Other

Level: Second

Heating

Forced Air, Gas

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Microwave, Range, Refrigerator

Features

Dining Area, Separate/Formal Dining Room, Upper Level Primary
Basement: Full
Has fireplace: Yes
Fireplace features: Insert, Living Room, Wood Burning

Interior area

Total interior livable area: 1,440 sqft
Finished area above ground: 1,440
Finished area below ground: 0

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 4
Parking features: Four or more Spaces, Heated Garage, Garage Door Opener
Has garage: Yes

Features

Levels: Two
Stories: 2
Patio & porch: Patio
Exterior features: Fence

Lot

Size: 8,232 Square Feet
Dimensions: 50 x 165

Details

Parcel number: 142337800300000

Construction

Type & style

Home type: SingleFamily
Architectural style: Two Story
Property subtype: Single Family Residence

Materials

Frame, Vinyl Siding

Condition

New construction: No
Year built: 1920

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Cedar Rapids

Financial & listing details

Price per square foot: $171/sqft
Tax assessed value: $219,200
Annual tax amount: $3,727
Date on market: 8/3/2026
Listing terms: Cash,Conventional

Estimated market value

$241,500

$229,000 - $254,000

$1,624/mo

Price history

Date	Event	Price
8/29/2026	Price change	$246,000-1.6%$171/sqft
Source: CRAAR, CDRMLS #2605469 Report a problem
8/3/2026	Listed for sale	$249,900+66.6%$174/sqft
Source: CRAAR, CDRMLS #2605469 Report a problem
8/29/2023	Listing removed	--
Source: Zillow Rentals Report a problem
8/25/2023	Listed for rent	$1,575+14.5%$1/sqft
Source: Zillow Rentals Report a problem
12/20/2018	Listing removed	$1,375$1/sqft
Source: Zillow Rental Manager Report a problem
11/5/2018	Price change	$1,375+0.7%$1/sqft
Source: Zillow Rental Manager Report a problem
11/1/2018	Listed for rent	$1,365$1/sqft
Source: Zillow Rental Manager Report a problem
10/16/2015	Listing removed	$150,000$104/sqft
Source: Skogman Realty #1503959 Report a problem
9/2/2015	Price change	$150,000-3.2%$104/sqft
Source: Skogman Realty #1503959 Report a problem
7/31/2015	Price change	$155,000-3.1%$108/sqft
Source: Skogman Realty #1503959 Report a problem
6/16/2015	Price change	$159,900-3%$111/sqft
Source: Skogman Realty #1503959 Report a problem
3/27/2015	Price change	$164,900-2.9%$115/sqft
Source: Skogman Realty #1407459 Report a problem
1/27/2015	Price change	$169,900-2.9%$118/sqft
Source: Skogman Realty #1407459 Report a problem
11/7/2014	Listed for sale	$174,900+69.8%$121/sqft
Source: Skogman Realty #1407459 Report a problem
7/16/2014	Sold	$103,000-6.3%$72/sqft
Source: Iowa City Area AOR #20143317 Report a problem
6/17/2014	Listed for sale	$109,900$76/sqft
Source: Lepic-Kroeger, REALTORS #20143317 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,812 +9.7%	$219,200 +4.1%
2024	$3,476 -2.7%	$210,500 +7.2%
2023	$3,572 +4.9%	$196,400 +15.9%
2022	$3,404 +0.8%	$169,400 +3.1%
2021	$3,376 +2.7%	$164,300 +7.4%
2020	$3,286 +2.2%	$153,000
2019	$3,216	$153,000 +2.5%
2018	$3,216 +2.8%	$149,200 +0.3%
2017	$3,128 -3.4%	$148,700 +6.5%
2016	$3,238 +9.1%	$139,600 -2.7%
2015	$2,968 +3.5%	$143,501
2014	$2,868 -1.3%	$143,501
2013	$2,907 +10.7%	$143,501 +2.1%
2012	$2,626	$140,591 -2.5%
2011	--	$144,240
2010	$2,260	$144,240 +7.4%
2008	--	$134,303 0%
2007	--	$134,304 +7.1%
2005	--	$125,382 -6.4%
2004	--	$133,984
2003	--	$133,984 +2.9%
2002	--	$130,188 +14%
2001	--	$114,200
2000	--	$114,200