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405 Forest Dr

Cedar Rapids, IA 52403

3 bd 3 ba 2,132 sqft Built 1918 Lot 6,229 sqft single_family
Most recent sale
$185,000
Jul 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 27, 2022 Sold $185,000 Public Record
Jul 26, 2022 Sold $185,000 CedarRapids
Jun 21, 2022 Listed $185,000 MLS #2205440

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $164,700 $40,800 $205,500 $3,574
2023 $148,100 $36,000 $184,100 $3,344
2022 $136,200 $31,200 $167,400 $3,174
2021 $131,000 $31,200 $162,200 $3,120
2020 $126,000 $24,000 $150,000 $3,034
2019 $126,000 $24,000 $150,000 $2,968
2018 $122,200 $24,000 $146,200 $2,882
2017 $122,200 $24,000 $146,200 $2,962
2016 $120,500 $24,000 $144,500 $2,698
2015 $111,600 $24,000 $135,600 $2,876
2014 $119,880 $24,000 $143,880 $2,810
2012 $114,987 $38,400 $153,387 $2,914
2011 $118,657 $38,400 $157,057 $2,874
2010 $118,657 $38,400 $157,057 $2,764
2009 $112,586 $38,400 $150,986 $2,554
2004 $103,290 $38,400 $141,690 $2,620

Property facts

Year built
1918
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,132 sqft
Lot size
6,229 sqft
ZIP code
52403
City
Cedar Rapids
Street
Forest Dr
Coordinates
41.98303, -91.63342

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,110
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 405 Forest Dr last sell?
405 Forest Dr most recently sold on Jul 27, 2022 for $185,000.
What is the current tax assessment for 405 Forest Dr?
The most recent total assessment for 405 Forest Dr (year 2025) is $205,500 with $3,574 in property tax.
How does 405 Forest Dr's assessment compare to its last sale price?
The current assessment is 11.1% above the last sale price of $185,000.
When was 405 Forest Dr built?
405 Forest Dr was built in 1918.
How does 405 Forest Dr compare to others on Forest Dr?
We track 8 other properties on Forest Dr. Browse the list under "Other properties on Forest Dr" to compare beds, baths, and sale history.
What are the property facts for 405 Forest Dr?
405 Forest Dr is a 3 bed, 3 bath, 2,132 sqft, 6,229 sqft lot single_family.
Is 405 Forest Dr a flip candidate?
No — 405 Forest Dr does not appear in our flips dataset.
Is 405 Forest Dr a tax-appeal candidate?
No — 405 Forest Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.4%
Implied 1-yr
-5.7%
2026 Q3
$199.7K
2026 Q4
$196.6K
ZIP 52403 — Median Price History + Forecast

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