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Sold for $245,000
  • $245,000

    516 Forrest Rd, Cedar Falls, IA 50613

    2beds
    1,445sqft
    Single Family Residence
    Built in 1949
    0.5 Acres Lot
    $245,100 Zestimate®
    $170/sqft
    $1,268 Estimated rent

    Home value

    $245,100

    $233,000 - $257,000

    $1,268/mo

    Zestimate® history
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    What's special

    Architectural characterModern updatesRich wood detailingBrick courtyard patioConvenient main-floor livingVaulted ceilingsCanopy of mature trees
    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kelsey Jorgensen 319-939-1991,

    Vine Valley Real Estate

    Bought with:

    Jennifer Lakin, S66105

    Structure Real Estate

    Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20261956MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Loft
    Other
    • Level: Upper
    Other
    • Level: Main
    Other
    • Level: Lower
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Wall Unit(s), Window Unit(s)
    Appliances
    • Included: Dryer, Microwave, Free-Standing Range, Refrigerator, Washer
    • Laundry: 1st Floor
    Features
    • Basement: Slab
    • Has fireplace: Yes
    • Fireplace features: One, Wood Burning
    Interior area
    • Total interior livable area: 1,445 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Carport
    Features
    • Patio & porch: Patio
    Lot
    • Size: 0.5 Acres
    • Dimensions: 165x132
    • Features: Wooded
    Details
    • Parcel number: 891402455004
    • Zoning: R-1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Roof: Membrane
    Condition
    • Year built: 1949

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: THEIMERS ACRES
    Location
    • Region: Cedar Falls

    Financial & listing details

    • Price per square foot: $170/sqft
    • Tax assessed value: $166,570
    • Annual tax amount: $1,974
    • Date on market: 5/8/2026
    • Cumulative days on market: 46 days
    • Road surface type: Concrete

    Price history

    DateEventPrice
    7/23/2026Sold$245,000-1.2%$170/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20261956 Report a problem
    6/24/2026Pending sale$248,000$172/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20261956 Report a problem
    6/18/2026Price change$248,000-6.4%$172/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20261956 Report a problem
    5/8/2026Listed for sale$265,000$183/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20261956 Report a problem
    5/6/2026Listing removed--
    Source: Owner Report a problem
    4/24/2026Listed for sale$265,000+89.3%$183/sqft
    Source: Owner Report a problem
    10/9/2025Sold$140,000-9.7%$97/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20254504 Report a problem
    9/19/2025Pending sale$155,000$107/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20254504 Report a problem
    9/12/2025Listed for sale$155,000+63.2%$107/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20254504 Report a problem
    4/7/2009Sold$95,000$66/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,974 -2.2%$166,570 +13.6%
    2024$2,019 -11.3%$146,610
    2023$2,277 -1.1%$146,610 +10.9%
    2022$2,303 +11%$132,200
    2021$2,075 +2.2%$132,200 +10.1%
    2020$2,030 -1.7%$120,020
    2019$2,065 +0.4%$120,020
    2018$2,057 +0%$120,020
    2017$2,056 +4.6%$120,020
    2016$1,966 $120,020
    2015$1,966 +6.4%$120,020 +4.5%
    2014$1,848 -4.4%$114,810
    2012$1,932 +14.4%$114,810
    2011$1,688 +1.5%$114,810 +13.9%
    2010$1,664 +8.5%$100,760
    2009$1,534 +2.1%$100,760
    2008$1,502 +3.6%$100,760 +7%
    2007$1,450 -1.7%$94,160
    2006$1,476 -12.8%$94,160
    2005$1,692 +2.5%$94,160 +3.8%
    2003$1,651 +0.8%$90,680
    2002$1,638 +8.3%$90,680 +18%
    2001$1,513 $76,850
    Find assessor info on the county website

    Neighborhood: 50613

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: North Cedar Elementary
    • Middle: Holmes Junior High
    • High: Cedar Falls High

    Source: Northeast Iowa Regional BOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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